Forex Calls Recap for 5/15/15
A small loser to wrap up the week. See the GBPUSD section below.
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, never hit first target, tightened up the stop and stopped at B:
Tradesight March 2015 Futures Results
Before we get to March’s numbers, here is a short reminder of the results from February. The full report from February can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for February 2015
Number of trades: 20
Number of losers: 10
Winning percentage: 50.0%
Net ticks: -14.5 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 March 2015
Number of trades: 16
Number of losers: 8
Winning percentage: 50.0%
Net ticks: +7.5 ticks
Futures got a little quiet as volume in the markets dropped off quite a bit in March. We only had 16 official trade calls that triggered. However, the Opening Range plays (which are not counted here) worked a stunning 20 out of 22 days for the month. I locked in over 150 ticks just on the Opening Range plays alone. Since those are just set plays following our system from the course, we don't count them officially here, but we may figure out a way to start doing that soon.
Tradesight March 2015 Forex Results
Before we get to March’s numbers, here is a short reminder of the results from February. The full report from February 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 February 2015
Number of trades: 23
Number of losers: 12
Winning percentage: 47.8%
Worst losing streak: 3 in a row
Net pips: +85 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 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
March was just a stellar month for Forex trading. We had more trades trigger than we had seen in a while (31), plus our win ratio was well above the 50-60% range that we like to see. Ranges in the markets expanded greatly and provided us with some big winners that carried forward for a couple of days. This is what we trade Forex for. Let's hope it continues for a bit before summer rolls around.
Stock Picks Recap for 5/14/15
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, GILD triggered long (with market support) and worked:
THOR triggered long (with market support) and worked:
KNDI triggered short (with market support) and worked:
SGMO triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered short (with market support) and didn't work:
BIIB triggered short (with market support) and worked enough for a partial:
TSLA triggered short (with market support) and didn't work:
Rich's SINA triggered long (with market support) and worked:
In total, that's 8 trades triggering with market support, 6 of them worked, 2 did not.
Futures Calls Recap for 5/14/15
The markets gapped up, pulled back a little for 30 minutes, and then turned up to the highs, made new highs over lunch, and pushed even higher to a new closing on 1.6 billion NASDAQ shares.
Net ticks: +2.5 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 triggered long at A and worked:
NQ Tradesight Institutional Range Play triggered long at A and worked:
ES:
Mark's call triggered long at A at 2109.50, hit first target for 6 ticks, stopped second half under the entry:
Forex Calls Recap for 5/14/15
Another winner for the session, this time on the EURUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, hit first target at B, raised stop in the morning and stopped at C:
Stock Picks Recap for 5/13/15
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, IDTI triggered long (without market support due to opening 5 minutes) and worked:
SCLN triggered long (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's DAL triggered long (without market support due to opening 5 minutes) and worked enough for a partial:
His FB triggered long (with market support) and didn't work:
Mark's CREE triggered short (without market support) and worked:
Rich's APA triggered short (with market support) and worked:
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not.
Futures Calls Recap for 5/13/15
The markets gapped up small and shot higher for 5 minutes, then went dead flat for 25. We eventually started coming back down and got a minor options unraveling move for the session. The gaps filled and we closed on 1.5 billion NASDAQ shares.
Net ticks: +10.5 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 long at A and worked:
ES Tradesight Institutional Range Play triggered short at A and worked:
NQ Tradesight Institutional Range Play triggered short at A and eventually worked:
ES:
Triggered short at A at 2100.00, hit first target for 6 ticks, lowered stop twice and stopped second half 15 ticks in the money:
Forex Calls Recap for 5/13/15
We stopped out of the second half of the prior day's trade in the money and had a couple of new triggers. See the GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
A piece of the trade triggered long at A under our order staggering rules and stopped. The rest triggered at B, hit first target at C, and then stopped. The short triggered at D and stopped:
Stock Picks Recap for 5/12/15
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 (with market support) and worked:
TSLA triggered long (with market support) and worked:
Rich's MDVN triggered short (with market support) and didn't work:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.