Futures Calls Recap for 10/21/15
The markets gapped up and headed lower, with the ES and NQ Opening Range plays both working. We added another call on the short side about 20 minutes in that worked nicely for the gap fill, and NASDAQ volume closed the session at 1.7 billion shares, boosted by some stocks that reported earnings.
Net ticks: +11.5 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 short at A and worked:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
Forex Calls Recap for 10/21/15
Well, for the first time in a while, neither trade call triggered. The EURUSD basically stuck in a 40 pip range for the whole session. Nothing to say but to show the charts.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stock Picks Recap for 10/20/15
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, FB gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, GILD triggered long (with market support) and didn't work:
BMRN triggered short (without market support) and didn't work, worked later:
Mark's LPLA triggered long (without market support) and didn't work:
COST triggered long (with market support) and didn't work, worked great later:
Rich's HOG triggered short (without market support) and worked great:
His TSLA triggered short (with market support) and ran for 20 points:
His SLB triggered long (without market support) and worked:
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not, but it was still a nice session overall.
Futures Calls Recap for 10/20/15
The markets gapped down and early volume was very light. We had a loser and a winner in the ES Opening Range plays, see that section below. NASDAQ volume closed at 1.5 billion shares on a generally flat day as we push deeper into earnings. No technical setups occurred to call.
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 didn't work, triggered long at B and worked great:
NQ Opening Range Play trigger would have been far too far out of the opening range to take at A:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 10/20/15
Another small winner, this time in the EURUSD. Ranges are pretty narrow in general. I'm glad we're pulling anything out of this. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long to the left of A and didn't stop, also could have entered at B, hit first target at C, and stopped second half at D in the money:
Stock Picks Recap for 10/19/15
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, MANH triggered long (without market support due to opening 5 minutes) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's TRIP triggered long (without market support due to opening 5 minutes) and didn't work:
Mark's SNDK triggered long (with market support) and worked:
EBAY triggered short (without market support) and didn't do much either way all day:
Rich's AMGN triggered long (with market support) and worked:
GOOG triggered long (with market support) and didn't work:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 10/19/15
A very light volume session (NASDAQ volume closed at 1.4 billion shares) ahead of the last few days of earnings. The ES had a great setup against the LPT early after gapping down that worked and the Opening Range plays worked (the LPT setup was the same entry as the Opening Range).
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 enough for a partial, triggered long at B and worked:
NQ Opening Range Play triggered long at A and didn't work, triggered short at B and did:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 10/19/15
Not a very interesting session. Ended up with a flat trade. See GBPUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A, never did anything, closed around entry at B:
Tradesight September 2015 Futures Results
Before we get to September’s numbers, here is a short reminder of the results from August. The full report from August can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for August 2015
Number of trades: 8
Number of losers: 1
Winning percentage: 87.5%
Net ticks: +28 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 Messenger exactly as we call them and manage them and 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 Messenger calls.
It is important to note that these results do not include the Tradesight Value Area, Opening Range, 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 September 2015
Number of trades: 13
Number of losers: 6
Winning percentage: 53.8%
Net ticks: +21.5 ticks
September saw some slow days again, but overall, there was nothing to complain about. We still won over 50% of the trades that triggered, ending up with net gains off the main calls. Once again, though the star of the show was the Opening Range plays on the ES and NQ that worked 16 out of 19 days of the trading month, racking up over 200 ticks of net gains from several solid days.
October and beyond should only get better as we definitively put summer behind us.
Tradesight September 2015 Forex Results
Before we get to September’s numbers, here is a short reminder of the results from August. The full report from August 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 August 2015
Number of trades: 29
Number of losers: 18
Winning percentage: 37.9%
Worst losing streak: 6 in a row
Net pips: +135 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 September 2015
Number of trades: 32
Number of losers: 18
Winning percentage: 43.8%
Worst losing streak: 4 in a row
Net pips: +35 pips
Forex ranges remained fairly limited and we were half size still in September. The month started off solid with a 200 pip winner to the final exit early and basically traded winners and losers for a while. The last week saw us give back some gains with 4 losers in a row, so the month ended up not being super exciting, but we're still in summer mode at half size for it. Things should pick up from here.
It should be noted how well our system works that we can have two months in a row (the two months that are typically slow) with less than 50% winners on a lot of trades and still have gains for the month.