Tradesight Recap Report for 7/29/21
Overview
The markets gapped up, tried to go higher, and then came back and closed where they opened on 3.8 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered long at A and worked:
NQ Opening Range Play:
Results: +11.5 ticks
Forex:
GBPUSD triggered long at A, hit first target at B, still holding second half with a stop under C:
Results: No results as the trade is still going
Stocks:
From the report, TRMB triggered long (without market support due to opening 5 minutes, but this was such a great pattern that we have been watching, anyone should have taken something on this) and worked:
From the Twitter feed, no calls.
That’s 0 triggers with market support.
Tradesight Recap Report for 7/28/21
Overview
The markets gapped up and filled, then waited for the Fed and closed flat to higher after the announcement on 4.2 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play:
NQ Opening Range Play:
Results: +21.5 ticks
Forex:
A dead flat night, so no triggers. Locked in a gain from the prior session.
GBPUSD:
Results: +25 pips
Stocks:
From the report, nothing triggered.
From the Plus Twitter feed, no calls. Waste of a day.
That’s 0 triggers with market support.
Tradesight Plus Report for 7-28-21
Opening comments posted to YouTube. We are in the middle of Core Earnings. There is a Fed announcement today.
Longs first, in the order of best construction, starting with TRMB > 84.86:
CDNS > 149.06:
INFN > 11.51:
VRAY > 7.36:
On the short side, in order of best construction, starting with CTXS < 111.26:
BLUE < 24.24:
INCY < 75.52:
ARNA < 59.55:
Tradesight Recap Report for 7/27/21
Overview
The markets gapped down, went lower, and then recovered a bit late on 4.3 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and worked enough for a partial:
NQ Opening Range Play triggered short at A but too far out of range to take:
Results: +4 ticks
Forex:
Stopped out of the second half of the prior day's trade in the money.
GBPUSD, new call triggered long at A, hit first target at B, still holding second half:
Results: +10 pips for the trade from the prior day, new trade is incomplete
Stocks:
From the Tradesight Plus report, nothing triggered.
From the Tradesight Twitter feed, Rich's LVS triggered long (with market support) and didn't work:
His MA triggered long (without market support) and didn't work:
WYNN triggered short (with market support) and worked:
That’s 2 triggers with market support, 1 of them worked and 1 didn’t.
Tradesight Recap Report for 7/26/21
Overview
The markets opened flat and basically just drifted higher on 4.1 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered long at A and worked:
NQ Opening Range Play triggered short at A and long at B, both too far out of range to take:
Results: +9 ticks
Forex:
GBPUSD triggered long at A, hit first target at B, still holding second half with a stop under R2:
Results: Trade not complete yet
Stocks:
From the report, several trades triggered in the opening 5 minutes, so they won't be counted even if taken.
From the Twitter feed, nothing triggered on a boring day.
That’s 0 triggers with market support.
Tradesight Plus Report for 7-26-21
Opening comments posted to YouTube. Lots of data in the way this week, and it is the end of the slowest month of the year with statements printing on Friday. Let's hope for some action, probably Tuesday and Thursday in particular.
Longs first, in order of best chart construction, starting with TRMB > 84.86:
CDNS > 149.06:
INFN > 11.51:
ADTN > 22.31:
ORMP > 15.17:
VRAY > 7.36:
Shorts next, CTXS < 111.26:
BLUE < 24.24:
INSM < 23.95:
Tradesight Recap Report for 7/23/21
Overview
The markets gapped up, NASDAQ filled but the ES didn't, the first two hours were boring, and then we drifted higher on 3.9 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and worked:
NQ Opening Range Play:
Results: +65 ticks
Forex:
The second half of the GBPUSD trade from the prior day stopped out in the money, and a new GBPUSD triggered short at A under S1 and stopped:
Results: +15 pips
Stocks:
From the report, nothing triggered.
From the Twitter feed, Rich's DASH triggered long (with market support) and worked:
PYPL triggered long (with market support) and didn't go enough either way to count:
Rich's SNAP triggered long (with market support) and didn't quite go enough for a partial:
That’s 2 triggers with market support, 1 of them worked and 1 didn’t.
Tradesight Recap Report for 7/22/21
Overview
The markets opened generally flat and did nothing most of the day, then pushed up a bit late on 3.6 billion NASDAQ shares, which is extremely light for this year.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and worked:
NQ Opening Range Play triggered long at B but too far out of range to take:
Results: +11.5 ticks
Forex:
GBPUSD triggered long at A, hit first target at B, still holding second half with a stop under R1:
Results: Nothing yet, trade is not closed.
Stocks:
From the report, nothing triggered.
From the Twitter feed, DKNG triggered late in the session and didn't have time to do anything.
GS triggered short (without market support, and we never take PT Plays without market support) and didn't work:
That’s 0 triggers with market support.
Tradesight Plus Report for 7-22-21
Opening comments for the rest of the week posted to YouTube. Not a ton new in the scans, but I did want to refresh the list based on what was left and add one.
Longs first, in the order of best chart construction, starting with VRAY > 7.36:
INFN > 11.51:
ORMP > 14.70:
Shorts next, just CTXS < 111.26:
Tradesight Recap Report for 7/21/21
Overview
The markets gapped up and drifted flat to higher on 4.1 billion NASDAQ shares. Definitely the slowest day of the week.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered long at A and worked enough for a partial:
NQ Opening Range Play:
Results: +4 ticks
Forex:
No calls for the session.
GBPUSD:
Results: +0 pips
Stocks:
From the Tradesight Plus Report, nothing triggered.
From the Twitter feed, Rich's PXD triggered long (with market support) and worked:
His FB triggered long (with market support) and worked:
That’s 2 triggers with market support, both of them worked.