Tradesight July 2020 Futures Results
Before we get to July's numbers, here is a short reminder of the results from June. The full report from June can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for June 2020
Number of trades: 26
Number of losers: 8
Winning percentage: 69.2%
Net ticks: +165.5 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 Twitter feed exactly as we call them and manage them as well as the Opening Range plays under the basic strategy we teach for those in our course. We 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 Twitter calls.
It is important to note that these results do not include the Tradesight Value Area 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 July 2020
Number of trades: 31
Number of losers: 7
Winning percentage: 77.4%
Net ticks: +145.5 ticks
Another great month for our futures trading. Our win ratio went up. Hard to complain. Just stay focused as we head into summer.
Tradesight July 2020 Forex Results
Before we get to the July numbers, here is a short reminder of the results from June. The full report from June 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 June 2020
Number of trades: 27
Number of losers: 14
Winning percentage: 48.1%
Worst losing streak: 3 in a row
Net pips: +35 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 July 2020
Number of trades: 26
Number of losers: 9
Winning percentage: 65.4%
Worst losing streak: 3 in a row
Net pips: +235 pips
Not bad for a July. Win ratio went up and the net results were solid. Summer will kick in at some point, but this was solid.
Stock Picks Recap for 11/16/20
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, IRDM triggered long (without market support) and didn't work:
IART gapped over, no play.
HAIN triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered long (with market support) and worked:
His C triggered short (with market support) and worked enough for a partial:
WYNN triggered short (with market support) and didn't work:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 11/16/20
The markets gapped up, didn't do much early, started to roll to the downside, then lifted to highs ahead of lunch. During and after lunch, the ES settled into the range of the opening 5 minute candle and just sat there on 4.1 billion NASDAQ shares.
Net ticks: -19 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 but too far out of range to take triggered long at B and stopped under the midpoint:
NQ Opening Range Play triggered long at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
INTRADAY ES |
Forex Calls Recap for 11/16/20
No calls for the session due to an early move in the market and the fact that levels were bunched due to Friday's narrow range.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Stock Picks Recap for 11/13/20
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, no calls.
From the Messenger/Tradesight_st Twitter Feed, ROKU triggered long (with market support) and worked enough for a partial:
Rich's SHOP triggered short (with market support) and worked enough for a partial:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 11/13/20
The markets gapped up and stayed very flat most of the day until drifting higher very late on 3.6 billion NASDAQ shares.
Net ticks: +7 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 and worked enough for a partial:
NQ Opening Range Play triggered short at A and long at B but both were too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 3549.75, hit first target for 8 ticks, second half stopped over the entry:
Forex Calls Recap for 11/13/20
A winner to close out the week. See 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 long at A, hit first target at B, closed second half at C for end of week:
Stock Picks Recap for 11/12/20
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, no triggers.
From the Messenger/Tradesight_st Twitter Feed, Rich's DIS and PTON triggered in the opening 5 minutes, no play.
MCHP triggered short (with market support) and worked:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 11/12/20
The markets gapped mixed and went lower eventually on 3.8 billion NASDAQ shares.
Net ticks: +11 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 but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: