Tradesight December 2015 Forex Results
Before we get to December’s numbers, here is a short reminder of the results from November. The full report from November 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 November 2015
Number of trades: 21
Number of losers: 13
Winning percentage: 38%
Worst losing streak: 6 in a row
Net pips: -35 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 December 2015
Number of trades: 19
Number of losers: 7
Winning percentage: 63.7%
Worst losing streak: 2 in a row
Net pips: +175 pips
After a poor November, the Forex market came bouncing back for most of December (until the last week) and we saw some improved activity and a nice net result for the month. We will also have a separate 2015 total results tally posted soon.
Stock Picks Recap for 12/31/15
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's TSLA triggered long (without market support) and worked:
His AMZN triggered long (without market support) and didn't work:
His GOOG triggered short (with market support) and didn't work the first time, worked the second:
Futures Calls Recap for 12/31/15
The markets gapped down and sat still for a long time before eventually pushing a little lower and then recovering. We basically filled the gap over lunch and closed on 1.2 billion NASDAQ shares. Opening Range Plays worked again.
Net ticks: +0 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 short at A and worked eventually:
NQ Opening Range Play triggered short at A and worked eventually:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 12/31/15
A dead overnight session and then our GBPUSD short triggered and worked in the morning. We closed it out instead of carrying into the New Year's Holiday. No calls for Friday.
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, closed second half at C for 40 pips for end of week, month, and year:
Stock Picks Recap for 12/30/15
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, nothing triggered.
From the Twitter feed, Rich's VRX triggered long (with market support) and worked:
Mark's NEM triggered short (with market support) and didn't go enough in either direction all day to count:
Rich's MNK triggered long (without market support) and worked:
TEVA triggered long (without market support) and didn't work:
Rich's APC triggered short (with market support) and worked:
His WYNN triggered short (with market support) and worked:
His AMZN triggered short (with market support) and didn't work initially, worked later:
His VLO triggered short (with market support) and worked:
In total, that's 5 trades triggering with market support, 4 of them worked and 1 didn't.
Futures Calls Recap for 12/30/15
The markets gapped down and pushed a little lower out of the gate, giving us nice opening range plays. We then went flat for hours until the last three minutes of the day, where we pushed a little lower on 1.1 billion NASDAQ shares. No need for trades outside of the Opening Range plays in this volume.
Net ticks: +0 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 short at A and worked:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 12/30/15
Another dull session as expected. Half size for one more day and then done for the year.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and stopped:
Stock Picks Recap for 12/29/15
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered long (without market support due to opening 5 minutes) and worked:
His BIIB triggered long (with market support) and worked:
His AMZN triggered long (with market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 12/29/15
The markets gapped up and held, eventually drifting higher. The high of the day on the ES was a Comber 13 sell signal (see ES chart below) and we closed on 1.25 billion NASDAQ shares. Opening Range Plays worked great.
Net ticks: +0 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 12/29/15
A little bit more movement for the session, so we had a loser and a winner. See GBPUSD section below. Still half size for the rest of the year.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long early off the left side of the chart at A and stopped. Triggered short at B, hit first target at C, and still holding second half with a stop at D:
