Forex Calls Recap for 10/30/19
No calls and no action ahead of the Fed (and nothing even moved after the Fed lowered rates).
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Tradesight September 2019 Forex Results
Before we get to September's numbers, here is a short reminder of the results from August. The full report from August 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 August 2019
Number of trades: 13
Number of losers: 6
Winning percentage: 53.9%
Worst losing streak: 2 in a row
Net pips: +5 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 September 2019
Number of trades: 25
Number of losers: 7
Winning percentage: 72%
Worst losing streak: 4 in a row
Net pips: +290 pips
A strange month for great results but we got it. Hasn't been a super-fun year but nothing to complain about here.
Stock Picks Recap for 10/29/19
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, HZNP triggered long (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, NFLX triggered short (with market support) and worked enough for a partial:
NVDA triggered short (without market support) and didn't work:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 10/29/19
The markets opened flat and were mostly mixed early, with the broad market up a bit and the NASDAQ down. This continued throughout the day but finally pulled the whole market into the red on 1.7 billion NASDAQ 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play:
NQ Opening Range Play:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 10/29/19
A rare double stop-out for the session. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped, triggered long at B and stopped:
Stock Picks Recap for 10/28/19
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, LPSN triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, BHC triggered long (with market support) and didn't work:
SINA triggered long (with market support) and didn't go enough either way to count, closed at the trigger:
TTWO triggered short (without market support) and didn't work:
Rich's NTES triggered long (with market support) and worked enough for a partial:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 10/28/19
The markets gapped up and made a 5 minute move and then went flat (almost the entire day was spent in the Institutional Range in the ES) on 1.9 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 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 10/28/19
A loser for the session to start the week. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and stopped:
Stock Picks Recap for 10/25/19
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, TSLA triggered long (with market support) and worked:
AMZN triggered long (with market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 10/25/19
The markets opened up fairly flat and took a while to get going but finally popped ahead of lunch on 1.9 billion NASDAQ shares.
Net ticks: +13 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 enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
