Forex Calls Recap for 11/19/14
Locked in another winner from the prior session and then had another winning trade this session. See the EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stopped out of the second half of the prior day's long under VAH in the money. New trade triggered long at A, hit first target at B, and stopped second half under entry:
Stock Picks Recap for 11/18/14
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, ESRX triggered long (with market support) and worked:
LNCO triggered short (without market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's FSLR triggered long (with market support) and worked enough for a partial:
Mark's MCHP triggered long (with market support) and worked enough for a partial:
EBAY triggered long (with market support) and worked:
GOOG triggered long (with market support) and worked:
Rich's TSLA triggered long (with market support) and worked enough for a partial:
His POT triggered long (with market support) and didn't work:
In total, that's 7 trades triggering with market support, 6 of them worked, 1 did not.
Futures Calls Recap for 11/18/14
No calls in the Messenger after we had a huge winner in the Opening Range plays on the ES and NQ. I'll walk you through the ES call below. The markets opened flat and headed up.
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:
Here's a look at the ES in 1-minute bars this morning. The shaded area is the opening 2 minutes of play (high to low). The Opening Range play, which has been great all week, is handled by taking a position once the ES closes above or below that shaded area after the first 2 minutes, which happened at A. Note the clean move all the way up to the Comber 13 sell signal at B for almost 7 points:
Forex Calls Recap for 11/18/14
Closed the second half of the prior day's trade in the money and started a new one that is working. See EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
The second half of the prior day's short stopped in the money at A. The new long triggered at B, hit first target at C, and still holding the second half with a stop under UPT at D:
Stock Picks Recap for 11/17/14
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, GOOG triggered short (without market support) and worked:
Mark's CELG triggered long (with market support) and worked:
SINA triggered short (without market support) and didn't work:
Rich's BABA triggered short (without market support) and didn't work:
His BIDU triggered short (with market support) and worked:
His LNKD triggered short (without market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 11/17/14
A really boring session to start the week. The markets opened with a small gap down and struggled to fill the gaps over the first hour. The whole day was very flat and dull in a narrow range, and NASDAQ volume closed at 1.5 billion shares.
Net ticks: -14 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:
Triggered long at A at 2035.50 and stopped. Triggered once more and stopped. I did not put it back in a third time, although that would have worked:
Forex Calls Recap for 11/17/14
One trigger that worked (and is still going) in the EURUSD in what was otherwise a fairly dull session. See that section below for the recap.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A, hit first target at B, still holding second half with a stop over the Pivot:
Tradesight October 2014 Futures Results
Before we get to October’s numbers, here is a short reminder of the results from September. The full report from September can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for September 2014
Number of trades: 16
Number of losers: 4
Winning percentage: 75%
Net ticks: +57.5 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.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Tick Results for October 2014
Number of trades: 25
Number of losers: 11
Winning percentage: 56%
Net ticks: +12 ticks
Just using the sample calls, this was a slower month than we have been seeing. September was a lot of fun from a trading perspective, but October looked a lot more like August, in that we had a lot of days with big gaps but not much trading action intraday. That was a bit of a disappointment, and a little unusual for October.
Tradesight October 2014 Forex Results
Before we get to October’s numbers, here is a short reminder of the results from September. The full report from Septembercan 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 September 2014
Number of trades: 23
Number of losers: 9
Winning percentage: 60.8%
Worst losing streak: 2 in a row
Net pips: +30 pips
Reminder: Here are the rules. Visit stockpair.com for details.
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 October 2014
Number of trades: 34
Number of losers: 18
Winning percentage: 47%
Worst losing streak: 4 in a row
Net pips: +80 pips
Ranges picked up and we went back to full size this month with mildly profitable results. I should point out that the raw numbers don't account for the fact that we had 3 "stop outs" losing 75 pips on a day that we were half size or less ahead of the Fed announcement for the month, so realistically, this was a much better month than the raw numbers reflect. We had a couple of trades carry over between days because they were working, which is what we like to see, and we look forward to more of that now that the Forex markets seem to be moving again. The 6-month average daily range on the EURUSD rose from 59 to 69 in October, and the GBPUSD went from 63 to 73. That's a 10 pip bump in the 6 month averages, which is pretty solid and represents a better trading environment, but we are still seeing too many days a month with well under the normal 120-140 pip ranges that we like to see on those pairs. It's also why we had 34 trades trigger for the month, which is getting back toward normal, versus the 23 we saw in September. In other words, the Forex market is coming back, but we need to see some consistency.
Stock Picks Recap for 11/14/14
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, VSAT triggered long (without market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's EOG triggered long (with market support) and worked:
TEVA triggered short (without market support) and didn't work:
WYNN triggered long (with market support) and worked enough for a partial:
Mark's AMGN triggered short (without market support just barely) and worked:
Mark's CELG triggered short (without market support) and worked great:
In total, that's 2 trades triggering with market support, both of them worked, as did several other trades.