TRADERSAI - A.I. Powered Model Trades for Today, MON 07/15Earnings Headlines to Drive the Markets
In the absence of major, unexpected geopolitical headlines (China's slowing growth has been expected, old news), markets seem to be set to focus on the earnings headlines for today. And, those headlines look to be on the side of the bulls as of this morning.
As we wrote on Friday's outlook, let not your sense of "can this keep going up?" color your trading strategies - instead, focus on the trend and the momentum, and be on their side until something else evidently drives the markets.
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #Rates #Earnings
Tradingplans
TRADERSAI - A.I. Powered Model Trades for FRI 07/12 - OUTCOMESResults of our models' trading plans, published Friday morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: No trades planned for the day.
Aggressive, Intraday Models: Lead to a gain of 2.50 index points on a total of two trades - one short and one long.
THE DETAILS:
For the trade-by-trade details with time stamps, please check on our site (not allowed to post the links here).
TRADERSAI - A.I. Powered Model Trades for Today, FRI 07/12How Long Can this Ride Last? That's Not the Right Question!
As we wrote yesterday morning's outlook, trying to justify what our "gut" "feeling" says what "should or should not be" happening in the markets is NOT what one should do to invest or trade in the markets. Yet, most individual investors/traders are known to do exactly that! If you find yourself pounding the table about what should not be the case or should be the case, it will serve you well to ponder this.
Rather than trying to predict what might happen in the future (whether it be next year, next month, next week, tomorrow, or next hour), most professionals' trading relies heavily on "evidence" of what "is" happening in the market and run with it. And, most of the times, what "is" is not necessarily what might be obvious or might exactly be what is wide open and obvious. Quant models help us confirm that exact "evidence"!
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #Rates #Yields
TRADERSAI - A.I. Powered Model Trades for Today, THU 07/11Does Something Not Seem Right with this Bull?
When markets are making new highs on old news, and when the Fed is dovish when the financial markets are at historic highs and the unemployment at historic lows - if you "feel" something does not add up, you are not being irrational but you may not be being objective as well!
Making trading decisions should not have anything to do with what one "thinks"/"feels", but about what "is" happening and what it probabilistically "indicates" happening further. That's where quantitative models can help.
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #Rates #Yields
TRADERSAI - A.I. Powered Model Trades for Wed 07/10 - OUTCOMESResults of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: The models' trades lead to a gain of 18.98 index points on closing out one long position carried from yesterday, Tue 07/09.
Aggressive, Intraday Models: Lead to a loss of 6.92 index points on a total of three trades - three longs.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article on our site (not allowed to post the link here)
TRADERSAI - A.I. Powered Model Trades for Today, WED 07/10It's All About the Monetary Policy Today!
The equity index futures are up with the release of Powell's prepared testimony, and seem to be celebrating a potential confirmation that the fed would be cutting the rates in its July meeting - which was being already factored in with a 100% probability in the derivatives markets!
Expect the markets to parse the language of the testimony and what else Powell might say during his time speaking on the Capitol Hill. And, expect spikes in either direction on the heels of knee-jerk trading reactions to such key words/headlines throughout the day.
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #SP500 #SPX #SPY #Fed #Powell #Testimony
TRADERSAI - A.I. Powered Model Trades for Today, TUE 07/09Despite Powell, No Major Theme Moving the Markets
The absence of the constant barrage of hype and market propping antics by various parties with vested interests - both at the geopolitical level and on the domestic monetary policy level - seems to prevail into today's session, despite Powell's scheduled testimony today. Call it hype-fatigue?
Check out our site for the trading plans indicated for today by our models, with clear entry and exit points.
Good luck with your trading today!
#ES #SP500 #SPX #SPY #Fed #Record #Yields
TRADERSAI - A.I. Powered Model Trades for MON 07/08 - OUTCOMESResults of our models' trading plans for Friday, 07/05/2019 - published in the morning - are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
In an unusual day of trading, our medium-frequency models opened and closed a total of 23 trades with a gross result of a break-even, and carried the 24th trade as an open long into the next session, while our aggressive intraday models' trading plans lead to zero trades! This is potentially indicative of an imminent change in the market regime, but it is too soon to tell.
THE GIST:
Medium-Frequency Models: An unusually excessive number of trades - twenty four of them - were triggered by these models today, all around the 2975 pivot point indicated, and lead to a gross break-even. An open long - opened at 2975 - is being carried into the next session, with a 10-point trailing stop anchored at the 2968.50 level as the end of the regular session.
Aggressive, Intraday Models: No trades triggered today (unusual when contrasted with the excessive choppy trading by the medium-frequency models).
THE DETAILS:
For the trade-by-trade details with time stamps, please check out our site.
#ES #SPX #SP500 #SPY #Stocks #Results #TradingPlan #TradingIdea #Education #TradingEducation #Forecast #Outlook
TRADERSAI - A.I. Powered Model Trades for FRI 07/05 - OUTCOMESResults of our models' trading plans for Friday, 07/05/2019 - published in the morning - are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: The models' trades lead to a gain of 16.25 index points on one open long position carried from Tuesday, 07/02.
Aggressive, Intraday Models: Lead to a gain of 6.04 index points on four trades - three short and one long.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out our site (not able to post the link here)
TRADERSAI - A.I. Powered Model Trades for Today, FRI 07/05Jobs Numbers, Options Expiration, Thin Liquidity
Today's Jobs number is not supportive of imminent interest rate cuts. It being Friday, options expiration levels would also pull the market in various ways. And, most professionals may be taking a long weekend, leading to thin liquidity. Together, these factors could be making for a choppy market today.
The chart depicts the our A.I. Powered Models' trading plans for the day. Please check on our site for a detailed plan, with clear entry and exit points.
Tread carefully in these thin markets! Have a great weekend ahead!
#ES #SP500 #SPX #SPY #Fed #Record #Yields #Holiday #Jobs
TRADERSAI - A.I. Powered Model Trades for Today, WED 07/03Beware of Sharks in Shallow Waters (low liquidity)
Due to the shortened trading hours for the July 4th holiday, expect thin trading in the markets. When liquidity is low, typically retail traders get whip-sawed with wild, sudden moves OR sustained moves in a direction opposite to the majority retail positioning (market makers, anyone?).
Unless you are a compulsive (addicted?) or professional trader who must trade in these thin markets, better to stay out of the markets today. If you must trade today, check out below for our models' trading plans for the session.
Stay safe with your hard earned money. Happy 4th!
(unable to post the link - please check at our site for the detailed trading plans. The chart already depicts the trading levels for your quick reference)
#ES #SP500 #SPX #SPY #Fed #Record #Yields #Holiday
TRADERSAI - A.I. Powered Model Trades for TUE 07/02 - OUTCOMESAfter sitting out the markets for the last few sessions, both our medium-frequency and aggressive intraday models have made trades today.
Results of our models' trading plans for the day - published in the morning - are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: The models' trades lead to a loss of 8.80 index points on one long position. Models are also carrying one open long into the next session with a 10-pt trailing stop trigger anchored at 2963.20.
Aggressive, Intraday Models: Lead to a gain of 19.20 index points on eight trades - four long and four short.
Please check the article on our site for trade-by-trade details - with the time of each trade triggered (unable to post the link here).
#ES #SPX #SP500 #SPY #Stocks #Results #TradingPlan #TradingIdea #Education #TradingEducation #Forecast #Outlook
TRADERSAI - A.I. Powered Model Trades for Today, TUE 07/02The Market Fireworks - Enjoy While It Lasts
While it is an open question whether we got a trade war resolution, it is being celebrated with spectacular fireworks (for now). Enjoy the show (for now) and trade/tread safely.
The chart depicts the levels of the Model Trades' entry and exit points we published this morning. Your results will vary depending on the resolution of the timeframe you are using, and the trailing stop levels you use, the quality of your broker's execution etc.
#ES #SP500 #SPX #SPY
TRADERSAI - A.I. Powered Model Trades - INTRADAY UPDATE- 07/01The gap up at the open - which we referred to in our morning trading plans - is on its way to getting filled...sooner or later. Market action after that will tell the real story of the near term directional bias. Until then, it is just noise and artificial manipulation (the "first of the month" effect as we mentioned many times in our daily forecasts).
Stay clear of buying into the hype! Thinking of protecting your money and/or hedging your exposure, before dreaming of multiplying it!
Patience is a virtue - in trading it is more of a necessity! Stay safe and don't get trapped in either direction. Wait for clarity to emerge in the market action.
TRADERSAI - A.I. Powered Model Trades for THU 06/27 - OUTCOMESResults of our models' trading plans (published in the morning) are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
GIST:
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Medium-Frequency Models: No trades triggered today as the index traded well below the trigger levels.
Aggressive, Intra-day Models: Lead to a loss of 9.80 index points on three trades (two long and one short)
DETAILS:
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Please check our site for the details (not able to post the link here) - including the time and the levels at which each trade was entered and exited.
#ES #SPX #SP500 #SPY #Stocks #Results #TradingPlan #TradingIdea #Education #TradingEducation #Forecast #Outlook
TRADERSAI A.I. Powered Model Trades for WED 06/26 - OUTCOMESResults of our models' trading plans (published in the morning) are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
GIST:
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Medium-Frequency Models: No trades planned for the day.
Aggressive, Intra-day Models: No trades triggered for the day, as the models missed a short entry by 1.5 index points (2948 short entry planned, market high was 2946.52).
DETAILS:
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Medium-frequency Model Trades: No trades planned for the day.
Aggressive Intra-day Model Trades: Lead to exact break even (0.00 index points) on two trades (one long, and one short)
Please check our site for the details (not able to post the link here) - including the time and the levels at which each trade was entered and exited.
#ES #SPX #SP500 #SPY #Stocks #Results #TradingPlan #TradingIdea #Education #TradingEducation #Forecast #Outlook
EUR/USD Technically Slightly bullish BUT Fundamentals.....EUR/USD has room to extend recent gains but bulls will tread cautiously ahead of Fed Chair Powell's testimony to Congress on Tuesday and Wednesday and also euro zone inflation data. The U.S. decision to delay additional tariffs on China and news on Friday that Fitch Ratings affirmed Italy's BBB rating have underpinned the current EUR/USD lift. Bulls are particularly careful because euro zone growth remains precarious at best, adding weight to Powell as a dollar driver and upcoming data. Traders expect Powell to reiterate the Fed's patient stance and data dependence and will listen for comments hinting at how long Fed balance sheet reduction will last. Euro zone February HICP is an important ECB data point. A downside surprise could see lead the central bank take steps towards altering its forward guidance or move closer to new TLTROs.