Forex Calls Recap for 5/26/15
Another winner to start the week, and this one is still going. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short before the start of what you see here on the chart, but also gave you another shot at a better time at B, hit first target at C, and still holding second half with a stop over D:
Tradesight April 2015 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 2015
Number of trades: 31
Number of losers: 10
Winning percentage: 67.7%
Worst losing streak: 2 in a row
Net pips: +485 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 2015
Number of trades: 33
Number of losers: 12
Winning percentage: 63.6%
Worst losing streak: 2 in a row
Net pips: +360 pips
Ranges are back in Forex and we have 3 nice months in a row going. Not much else to say...this is what we trade for. May is looking good too. Nothing else to say. Average daily ranges continue to rise, and that's great for us.
Tradesight April 2015 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 2015
Number of trades: 16
Number of losers: 8
Winning percentage: 50.0%
Net ticks: +7.5 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 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 April 2015
Number of trades: 6
Number of losers: 4
Winning percentage: 33.3%
Net ticks: -13.5 ticks
A really slow month in terms of official calls. This was the slowest month ever in the history of the Tradesight Futures Service. Usually we have at least 20 official calls that trigger, but here we only had 6. Part of that was due to light volume and bad ranges. Part of it was due to trades not triggering. The other part of it was due to the fact that our Opening Range plays worked 16 out of 21 triggers in the month for nice gains and well over 100 ticks again, although we don't count those from the main trade calls. May is already better.
Stock Picks Recap for 5/22/15
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 FEYE triggered long (with market support) and worked:
His SLB triggered long (with market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked fine.
Futures Calls Recap for 5/22/15
No calls for the Friday ahead of the long weekend, but the Opening Range plays worked. See that section below. NASDAQ volume closed at 1.4 billion shares.
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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/22/15
One more nice winner to wrap up the week ahead of the long weekend. Calls resume Monday night.
Here's a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
GBPUSD:
Triggered short at A, hit first target at B, closed second half at C for end of session 140 pips in the money:
Stock Picks Recap for 5/21/15
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, ESPR triggered long (without market support due to opening 5 mintutes) and worked very quickly:
From the Messenger/Tradesight_st Twitter Feed, WYNN triggered long (with market support) and worked enough for a partial:
TWTR triggered short (without market support) and didn't work:
Rich's BABA triggered short (without market support) and worked enough for a partial:
His SLB triggered long (with market support) and worked:
His GLD triggered short (ETF, so no market support needed) and didn't work:
His AAL triggered long (with market support) and didn't work:
His CRM triggered short (without market support) and worked:
His BABA triggered long (with market support) and worked:
In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not.
Futures Calls Recap for 5/21/15
The main trade call didn't trigger at all, but we had nice winners once again on the Opening Range plays. See that section below. NASDAQ volume was 1.5 billion shares, and the week is about over heading into the long weekend.
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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/21/15
Another winner for the session that is still going (see GBPUSD below), and the second half of the EURUSD trade stopped 260 pips in the money.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Our short from a couple of days ago at 1.1410 stopped out at 1.1150 for 260 pips:
GBPUSD:
Triggered long at A, hit first target at B, still holding second half with stop under R2:
Stock Picks Recap for 5/20/15
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's SRPT triggered short (with market support) and worked enough for a partial:
His ETSY triggered short (with market support) and worked enough for a partial:
AAL triggered short (with market support) and worked:
Rich's AAPL triggered short (with market support) and didn't work:
His TSLA triggered short (with market support) and worked:
His REGN triggered short (with market support) and worked:
In total, that's 6 trades triggering with market support, 5 of them worked, 1 did not.