Stock Picks Recap for 5/10/16
With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early. ETF calls do not require market support, and are thus either winners or losers.
From the report, TXRH triggered long (with market support) and worked:
KANG triggered short (without market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark's AMZN triggered long (with market support) and worked:
Rich's GPS triggered short (without market support) and didn't work:
His X triggered short (without market support) and worked:
NTAP triggered long (with market support) and worked:
PCLN triggered long (with market support) and worked:
Rich's IBM triggered long (with market support) and worked:
His WDC triggered long (with market support) and worked enough for a partial:
His LNKD triggered long (with market support) and worked:
In total, that's 7 trades triggering with market support, all 7 of them worked.
Futures Calls Recap for 5/10/16
The markets gapped up and pushed higher (note the ES opened above the UPT) on 1.6 billion NASDAQ shares, which still isn't great. We had 2 out of 3 winners on the Opening Range plays and another winner on the NQ. See those sections below.
Net ticks: +12.5 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked:
NQ Opening Range Play triggered short at A and didn't quite work, but you can take this trade even though you were long ES at the time because this one is into the gap. It then triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
NQ:
Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.
My call triggered long at A at 4363.75, hit first target for 6 ticks and closed out at 4371.50:
Forex Calls Recap for 5/10/16
Another winner, still going, for the session. See the GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A, hit first target at B, still holding second half with a stop under Pivot:
Stock Picks Recap for 5/9/16
With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early. ETF calls do not require market support, and are thus either winners or losers.
From the report, FISV triggered long (with market support) and eventually worked but I gave up on it:
From the Messenger/Tradesight_st Twitter Feed, Rich's BABA triggered long (with market support) and didn't work:
Mark's COST triggered long (with market support) and worked:
Rich's IBB triggered long (ETF, so no market support needed) and didn't work:
GILD triggered long (without market support) and didn't work:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Futures Calls Recap for 5/9/16
The markets gapped down and shot up to fill and more, giving us nice Opening Range plays. Volume was horrible from the start, and my regular trade call didn't trigger. We closed just up a couple of points for the session on 1.5 billion NASDAQ shares.
Net ticks: +23.5 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked great:
NQ Opening Range Play triggered long at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/9/16
A winner and a loser to start the week. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit first target at B, stopped second half. Triggered long at C and stopped:
Tradesight April 2016 Futures Results
Before we get to April’s numbers, here is a short reminder of the results from March. The full report from March can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for March 2016
Number of trades: 60
Number of losers: 18
Winning percentage: 70%
Net ticks: +60.5 ticks
Reminder: Here are the rules.
1) Totals for the month are based on trades that occurred on trading days in the calendar month.
2) Trades are based on the calls in the Twitter feed exactly as we call them and manage them as well as the Opening Range plays under the basic strategy we teach for those in our course. We do not count everything you could have done from taking our courses and using our tools.
3) All trades are broken into two pieces, with the assumption that one half is sold at the first target and one half is sold at the final exit. These are then averaged. So if we made 6 ticks on one half and 12 on the second, that’s a 9-tick winner.
4) Pure losers (trades that just stop out) are considered 7 tick losers. We don’t risk more than that in the Twitter calls.
It is important to note that these results do not include the Tradesight Value Area or Institutional Range plays, all of which have been working quite well on their own.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Tick Results for April 2016
Number of trades: 64
Number of losers: 19
Winning percentage: 70.3%
Net ticks: +153 ticks
A great month in April with about the same win ratio as March. 100% of our manual calls worked, and the Opening Range plays worked about 65% of the time, which is just a little under normal. We had great net gains, and that includes the fact that the last day of April was a 43 tick loss, the biggest of the month.
Tradesight April 2016 Forex Results
Before we get to April’s numbers, here is a short reminder of the results from March. The full report from March can be found here and you can get the last several months in a row vertically by clicking here and scrolling down.
Tradesight Pip Results for March 2016
Number of trades: 35
Number of losers: 14
Winning percentage: 60%
Worst losing streak: 3 in a row
Net pips: +545 pips
Reminder: Here are the rules.
1) Calls made in the calendar month count. In other words, a call made on August 31 that triggered the morning of September 1 is not part of September. Calls made on Thursday, September 30 that triggered between then and the morning of October 1 ARE part of September.
2) Trades that triggered before 8 pm EST / 5 pm PST (i.e. pre Asia) and NEVER gave you a chance to re-enter are NOT counted. Everything else is counted equally.
3) All trades are broken into two pieces, with the assumption that one half is sold at the first target and one half is sold at the final exit. These are then averaged. So if we made 40 pips on one half and 60 on the second, that’s a 50-pip winner. If we made 40 pips on one half, never adjusted our stop, and the second half stopped for the 25 pip loser, then that’s a 7 pip winner (15 divided by 2 is 7.5, and I rounded down).
4) Pure losers (trades that just stop out) are considered 25 pip losers. In some cases, this can be a few more or a few less, but it should average right in there, so instead of making it complicated, I count them as 25 pips.
5) Trade re-entries are valid if a trade stops except between 3 am EST and 9 am EST (when I’m sleeping). So in other words, even if you are awake in those hours and you could have re-entered, I’m only counting things that I would have done. This is important because otherwise the implication is that you need to be awake 24/6. Triggers that occur right on the Big Three news announcements each month don’t count as you shouldn’t have orders in that close at that time.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Pip Results for April 2016
Number of trades: 27
Number of losers: 13
Winning percentage: 51.8%
Worst losing streak: 3 in a row
Net pips: +115 pips
April was a much slower month than the last couple. We had less trades trigger and less continue day over day for big winners. The markets were fairly contained most of the month, which is unusual for this time of year. Still, our system produced just over 50% winners, which is on the low side of normal, and net gains by keeping our stops tight. On to May...
Stock Picks Recap for 5/5/16
With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early. ETF calls do not require market support, and are thus either winners or losers.
From the report, SAAS triggered long (with market support) and didn't work:
CAVM triggered short (with market support) and worked:
SEDG triggered short (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's FEYE triggered short (without market support) and worked great:
His AAPL triggered short (without market support) and ultimately worked:
Mark's NEM triggered long (with market support) and worked:
Rich's IMPV triggered long (with market support) and worked:
Mark's APA triggered long (with market support) and worked:
Rich's AGN triggered short (without market support) and worked great:
AAPL triggered short (with market support) and worked:
In total, that's 7 trades triggering with market support, 6 of them worked, 1 did not, plus two that triggered not quite with market support worked great.
Futures Calls Recap for 5/5/16
The markets gapped down and filled quickly, giving us nice opening range plays, and then volume dropped off sharply for Friday. NASDAQ volume closed at 1.5 billion shares.
Net ticks: +37 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked great:
NQ Opening Range Play triggered long at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
