2015 is in the books, and it’s time to take a quick look at what the Forex markets accomplished in the year, and also how Tradesight did within that.
Let’s start by looking at the US Dollar Index from the start of the year to the end:
That’s about a 10 point range, which is average at best. Note the only Seeker signal that we got on the daily timeframe was the 13 sell signal in April, and that was the high of the year.
In terms of the major pairs and their ranges for the year, here’s the EURUSD:
That’s about 1500 pips of range, although if you just take out January, most of the year was in about a 900 pip range. Compare that to 2014, which saw 2000 pips of range for the year, and you can see that 2015 was a little more limited in terms of action.
Here’s the GBPUSD:
That’s 1200 pips of range, as opposed to 1800 in 2014, so again, not as much movement.
I’ll throw up two more for the record. Here’s the GBPJPY:
And AUDUSD:
What’s interesting about all of this though is the while the total ranges (high to low) of the year for these pairs was not as big as 2014, the intraday ranges tell a different story.
When 2015 started, the 6-month average daily range on the EURUSD was 84 pips, and on the GBPUSD, it was 96 pips.
By the end of 2015, those had moved to 113 and 109, respectively. That’s a statistically significant difference that gives us more to work with on a daily basis. For example, that’s a 34 percent expansion of the average daily movement on the EURUSD. And that helped us put together a terrific year once again for Forex. Let’s recap the results of the year by summarizing all of the monthly results.
For the year, our main trade calls (which is by no means the extent of what you should be doing with our service if you’ve taken the program) totaled 312 calls that triggered. Our goal in our system is to target something close to 60% winners. This year, we came up a little short of that at 53.2%. However, our system also keeps losers small and lets winners ride. Our total net pip gains for the year was +2040 pips! This included only 2 months that were barely in the red, January and November. June and August (August is always boring) were similarly just barely in the green. The rest of the months added up nicely, and this doesn’t even include our Value Area Plays, Power Hour Plays, or Seeker/Comber trades. This is just pure “set and forget” plays that you can trade overnight while you sleep.
2015 shows that daily ranges matter more than total price movement in a year, and we look forward to another great trading year for Forex in 2016.