New system

So Ive worked out a new thing Im doing. Here it is: First indicator I am going to be using is the Money Flow Index along with the candlestick charts: During the day, the only time I will make a move is when I get more than a 50 move to the upside or the downside. I circled in red the two times that this happened today. I actually forgot to circle the third time it happened: 20 minutes after the market opened and I faded the gap. Now, once I get...

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exit both puts

now exit that put and dd put at the below: QQQ MarWk1 103.5 Put 1.16 1.09 1.11 1,359 I shall return Tradinginsi...

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DD on that morning put

I am going to DD on that morning put hopefully at the top of the gap fade: QQQ MarWk1 103.5 Put 1.01 0.98 0.99 879 I will be back in 20. Tradinginsi...

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Good Morning

I am going to paper trade this gap fade... QQQ MarWk1 103.5 Put 1.14 1.13 1.14 508 I will be back in 20 min... Tradinginsi...

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Sunday Update

Hello everyone, its been a few days. Ive been pouring over data and getting things together in order to get it together for monday, and here is what I came up with. I suffered a epic collapse with the pre day sparkline/mirrors the day chart threory. For 2 to three weeks, the sparkline was almost a MIRROR of what the market did later that day. I got all excited about it. How can such a thing exist? It was like getting tomorrows newspaper today. The...

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ok guys, I just got great data. Will test on...

This was a very interesting experience today as I just got some great data and found some indicators that I will now try out tomorrow that I feel will give me a nice advance heads up before there are moves. And also, I figured that I will only be using call options for the most part on days when things appear to be moving upwards, and I have not figured out what I am going to be doing on days when the stock is moving down more in general. Lets take...

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Holy Shit! Runaway train

Glad we are paper trading this. You should see what just happened with the chart. It was a runaway train after a series of reverse double hammers. Now Im in again 3X put: QQQ FebWk4 102.5 Put 0.39 0.37 0.39 4,254 Quotes as of 2/25/2016 1:59:07 PM ET I will be back in 30 min tradinginsi...

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DD paper trade on that last one

Ok, on that last one, I double down. QQQ FebWk4 102.5 Put 0.53 0.51 0.52 3,602 Quotes as of 2/25/2016 1:23:58 PM ET Will be back in 20 min. Tradinginsi...

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New Trade

Here we go. Live info. Trade the following QQQ FebWk4 102.5 Put 0.64 0.62 0.63 3,530 Quotes as of 2/25/2016 1:12:53 PM ET Will be back 25 minutes Tradinginsi...

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So: starting Monday

I am going to have a retool. I no longer will be looking at the premarket sparklines, instead I will be doing 5 minute candles to get an intraday picture of what the market is doing. I will be using live level 2 quotes and will be issueing a trade every 45 minutes or so. Dont bail on me yet, this is a work in progress. But I am very confident that the level two quotes and live candlestick 5 minute chart will do very well, because I am very good at candlesticks, Ive studied them for going on 20 years now. I will do a few plays today on paper, just...

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Losses...

We are taking some losses here. It turns out that the premarket sparkline just totally collapsed and is not following any longer. Strange: I saw nothing but correleation for 4 weeks and suddenly it stopped. Perhaps a lot of traders saw what I saw and that is what made it stop working. Dump all positions. All of them. I have a new angle. Candlesticks on a 5 minute intraday. I am going to follow that and give signals off of that. I will explain later in the trading day. Tradinginsi...

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Good Morning

We are going to hold those two options from yesterday and continue to chug foward. Today we are going to get in with a dayput: QQQ Feb 2016 100.000 put (QQQ160226P00100000) -OPR 0.98 0.56(133.33%) 10:32AM EST Prev Close:0.42 Open:0.71 Bid:0.96 Ask:0.98 Strike:100.00 Expire Date:26-Feb-16 Day's Range:0.71 - 1.04 Contract Range:N/A - N/A Volume:10,079 Open Interest:20,278 Thats all for now, check back later. Tradingins...

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Thats all for today

Ok, so we are going to hold both those options for tomorrow and we will see what will happen with them, hopefully an up day. See you guys tomorrow. Tradinginsi...

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Hold both options overnight

Trying something out...hold both of these options today overnight and lets see what we come up with in the morning.... Tradinginsi...

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That drop was a bit steeper than thought...DD issued

I am going to go ahead and issue a DD on that call option, coming in again at a lower price... QQQ Feb 2016 102.000 call (QQQ160226C00102000) -OPR 0.94 0.65(40.88%) 11:22AM EST Prev Close:1.59 Open:1.49 Bid:0.92 Ask:0.94 Strike:102.00 Expire Date:26-Feb-16 Day's Range:0.86 - 1.50 Contract Range:N/A - N/A Volume:1,916 Open Interest:6,034 Well see how that flies. Tradinginsi...

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Daycall issued

This morning we get in at about 1.38 Prev Close:1.59 Open:1.49 Bid:1.34 Ask:1.42 Strike:102.00 Expire Date:26-Feb-16 Day's Range:1.34 - 1.50 Contract Range:N/A - N/A Volume:340 Open Interest:6,034 We are going to hold this for about an hour... Tradinginsi...

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Good Morning

checking the markets and what happened yesterday... Tradinginsi...

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Heres my pic

I wont be around to tell you to get out of this, so at about 1:15-1:45 exit this position. Our in: QQQ Feb 2016 103.000 put (QQQ160226P00103000) -OPR Watchlist 0.99 1.01(50.50%) 10:04AM EST Prev Close:2.00 Open:1.43 Bid:0.99 Ask:1.00 Strike:103.00 Expire Date:26-Feb-16 Day's Range:0.99 - 1.43 Contract Range:N/A - N/A Volume:1,496 Open Interest:6,711 Watch the market, I will be attending to something else today. I will...

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Monday

Today: Get in about 10:45 with a put and ride it until about 1:30 in the afternoon and then sell it. Sparkline says drop all day after the morning spike up. I will be out of the loop today as I have an important appt in the early afternoon. See you tomorrow. Tradinginsi...

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Dump original call for a loss..looking at the data for later this evening

Exit that first option from this morning... QQQ Feb 2016 101.500 put (QQQ160219P00101500)  -OPR  Watchlist 0.13  0.50(79.37%) 3:34PM EST Prev Close:0.63 Open:0.80 Bid:0.11 Ask:0.13 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.11 - 1.00 Contract Range:N/A - N/A Volume:26,540 Open Interest:15,326 I have a lot of data to sift through for Friday trading, post...

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Exit that double down put call for profit

we exit that double down second put call for profit QQQ Feb 2016 101.500 put (QQQ160219P00101500) -OPR Watchlist 0.35 0.28(44.44%) 2:55PM EST Prev Close:0.63 Open:0.80 Bid:0.32 Ask:0.32 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.14 - 1.00 Contract Range:N/A - N/A Volume:21,607 Open Interest:15,326 We hold on to the original from early in the day Come on back for updat...

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I just caught something..options expiration day

This same problem happened to me last Friday..the sparkline did not lead the market day chart. I think this is due to price manipulation by the big boys keeping the stock price near the biggest open contracts strike price so they dont get called out or lose money. More on this later tonight. Very interesting. At the very least, I take a hit today and from now on I trade Monday-Thursday. Insider manipulation is only fun when you are on the right side of it. Perhaps I can trade on friday. Ill just look at where the biggest glut of open interest...

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We are going to go for it

The Sparkline is diverging off whats happening today. I see that things look like they should drop after 12 noon today (central 1pm ET) so I am going to purchase a DD (second put same strike lower price to average down) here is my in: QQQ Feb 2016 101.500 put (QQQ160219P00101500) -OPR 0.27 0.36(57.14%) 12:11PM EST Prev Close:0.63 Open:0.80 Bid:0.25 Ask:0.26 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.19 - 1.00 Contract...

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Possible climb

There is a possible climb until about 12:15 central 1:15ET. We are going to hold the put for now and see if that is the case. If that is the case, I will double down again to the put side. Tradinginsi...

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Exit double down for profit

We exit that second DD put for profit... QQQ Feb 2016 101.500 put (QQQ160219P00101500) -OPR 0.53 0.10(15.87%) 11:07AM EST Prev Close:0.63 Open:0.80 Bid:0.50 Ask:0.53 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.31 - 1.00 Contract Range:N/A - N/A Volume:4,488 Open Interest:15,326 Still watching the first... Tradinginsi...

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One more

Same option, going to double down in order to mazimize the sparkline.... QQQ Feb 2016 101.500 put (QQQ160219P00101500) -OPR Watchlist 0.41 0.22(34.92%) 10:29AM EST Prev Close:0.63 Open:0.80 Bid:0.41 Ask:0.43 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.36 - 1.00 Contract Range:N/A - N/A Volume:2,072 Open Interest:15,326 I will be watching this closely like a stalker watching Gweneth Paltrow.... Tradinginsi...

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Good Morning

Here is how we are going to open it: QQQ Feb 2016 101.500 put (QQQ160219P00101500) -OPR 0.65 0.02(3.17%) 10:16AM EST Prev Close:0.63 Open:0.80 Bid:0.64 Ask:0.67 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.54 - 1.00 Contract Range:N/A - N/A Volume:1,670 Open Interest:15,326 We are going to hold this for about 45-50 min then REVERSE it with a call option. Tradinginsi...

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I watched the Bernie Madoff movie the other night

And after watching, I realized, hey, why does a guy who steals from the 1% get 150 years in prison, and big wall street companies steal more than 10x what he stole from the 99% and they all walk? Well here is an interesting Rolling Stone article that will shine the light on the financial abuses that the 99% is taking: (Very interesting read. This will tell you what is what in respect to you and your 99% money)                   http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216 This...

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What if?

The below article is a re-post from one of my posts from 2015. Enjoy! Every now and then I hear a story about a guy who got in a stock at the right time and it always makes me shake my head in wonder. I have this cool teacher at school that just so happened to sink a couple of g into amazon in 1997 who is now sitting on quite a bit of money. At the time people were telling him it was a stupid move and to take his money out while he still...

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www.the1045report.com

Just wanted to remind you that there is a graphical representation of this blog at the1045report.com. Every call I make is also on that board (which links back to this blog). So go ahead and check that out. As for today? No more orders as there is not a clear candle formation on the chart. See you Friday, Tradinginsi...

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Exit both dayput options (the DD) for profit

This should clean up my overnight call oops plus put us in the green for the day, I will have to take a look at the numbers. Now is a good time to get out. My out: QQQ Feb 2016 101.500 put (QQQ160219P00101500) -OPR 0.66 0.24(57.14%) 1:49PM EST Prev Close:0.42 Open:0.30 Bid:0.62 Ask:0.62 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.30 - 0.66 Contract Range:N/A - N/A Volume:5,878 Open Interest:15,197 That should be...

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This is a good video

This is a video about trading and I find that it contains a lot of truths that I eschew in the contrarian trading paradigm. Take a minute or two to watch this. Some very good poin...

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Get in again dayput option DD

Today we Double Down on that put option. Is about at the same price. Hopefully the sparkline is correct and we see some downward action today. Below is our in for the second time: QQQ Feb 2016 101.500 put (QQQ160219P00101500) -OPR 0.54 0.12(28.57%) 11:12AM EST Prev Close:0.42 Open:0.30 Bid:0.52 Ask:0.54 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.30 - 0.62 Contract Range:N/A - N/A Volume:2,715 Open Interest:15,197 I...

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dump yesterdays overnight option

Dump that option from last night our exit is below at about minus 60 percent, but dont worry we are going to Double down on an put option today to get that back. QQQ Feb 2016 102.500 call (QQQ160219C00102500) -OPR 0.28 0.46(62.16%) 11:09AM EST Prev Close:0.74 Open:0.87 Bid:0.28 Ask:0.30 Strike:102.50 Expire Date:19-Feb-16 Day's Range:0.28 - 0.88 Contract Range:N/A - N/A Volume:5,741 Open Interest:14,032 A bit of chop,...

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Sparkline says down today

The Sparkline is contradicting last nights order. However, I am going to follow the sparkline...below is my entry QQQ Feb 2016 101.500 put (QQQ160219P00101500) -OPR 0.58 0.16(38.10%) 11:00AM EST Prev Close:0.42 Open:0.30 Bid:0.48 Ask:0.49 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.30 - 0.58 Contract Range:N/A - N/A Volume:1,801 Open Interest:15,197 I will stay on the market watching.. Tradinginsi...

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Good Morning

I am checking the market right now and seeing what is happening. I notice that it is opening a bit lower. I will be back in 35 min with my day call/put Tradinginsi...

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hey everyone

Here is an option trade to hold overnight. I was looking at the candlecharts and there is a good opp to purchase this and hold overnight as there have been 2 upward gap up white candles in a row (Loose Candlestick Trading parlance) and I feel there is a good chance for a nice gain by tomorrow. Our in is below: QQQ Feb 2016 102.500 call (QQQ160219C00102500) -OPR Watchlist 0.74 0.61(469.23%) 2:12PM EST Prev Close:0.13 Open:0.18 Bid:0.73 Ask:0.75 Strike:102.50 Expire...

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27% gain is 27% gain.

I think I am going to go ahead and take the money. Below is my out: QQQ Feb 2016 101.500 call (QQQ160219C00101500) -OPR 1.40 1.05(300.00%) 12:34PM EST Prev Close:0.35 Open:0.58 Bid:1.39 Ask:1.40 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.49 - 1.40 Contract Range:N/A - N/A Volume:2,970 Open Interest:8,644 I got in at about 1.01. and exiting at 1.40. Pretty good day. Tradinginsi...

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Keep holding...doing good

Ok, we might just have a homerun on our hands today, we are going to keep holding this. Tradinginsi...

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Good Morning

Sparkline says big recovery day..Our in is below QQQ Feb 2016 101.500 call (QQQ160219C00101500) -OPR 1.00 0.65(185.71%) 10:58AM EST Prev Close:0.35 Open:0.58 Bid:1.00 Ask:1.02 Strike:101.50 Expire Date:19-Feb-16 Day's Range:0.49 - 1.02 Contract Range:N/A - N/A Volume:1,835 Open Interest:8,644 I will be online watching. Tradinginsi...

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I now understand what happened

I have just adjusted my time points. We should be good for tomorrow..I misestimated the graphing correlation points between the sparkline and the daychart. I will update on todays chart and sparkline with a graphic later tonight. Tradinginsi...

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sparkline fail...

Exit. Here is the order.. QQQ Feb 2016 99.500 put (QQQ160219P00099500) -OPR 0.78 1.50(65.79%) 3:27PM EST Prev Close:2.28 Open:1.17 Bid:0.77 Ask:0.79 Strike:99.50 Expire Date:19-Feb-16 Day's Range:0.75 - 1.44 Contract Range:N/A - N/A Volume:5,126 Open Interest:6,584 I am going to pour over the data today and see what went wrong, will update in about three hours. Tradinginsi...

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"Sonofabitch"

"Sonofabitch, will you DROP? Are you just going to race all the way up to the close?" is a statement I just caught myself saying. I have to realize that there is no winning 100% of the time. Some piece of news must have hit the stock trading floor to make the daytrading leave the premarket sparkline. If you just had a printing press making money, you would be bored. At least there is some excitement in this. We will hold and see how this pans out in the next hour.... Tradinginsi...

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Double down new entry point on that dayput

Ok, I am trying something here and I am going to double down my entry is below QQQ Feb 2016 99.500 put (QQQ160219P00099500) -OPR Watchlist 0.81 1.47(64.47%) 2:13PM EST Prev Close:2.28 Open:1.17 Bid:0.83 Ask:0.83 Strike:99.50 Expire Date:19-Feb-16 Day's Range:0.78 - 1.44 Contract Range:N/A - N/A Volume:4,098 Open Interest:6,584 We are going to hold this until almost close. Suprizingly, this option has not eroded as much...

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