Tradesight Market Preview for 8/1/12

Put/call ratio alert–see below! The futures are still marking time before the FOMC decision and commentary Wednesday. On the day, the ES lost 6 handles but is still short term positive. Note that the CCI has lost it’s positive bias. The NQ was relatively strong...

Stock Picks Recap for 7/31/12

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...

Futures Calls Recap for 7/31/12

As expected, the market was extremely flat again today between the end of the month and the first day of a Fed meeting. We spent a huge piece of the day (the whole morning) inside a 4 point Value Area on the ES. Not pretty. One winner and one loser on the NQ, see that...

Forex Calls Recap for 7/31/12

An interesting session. We had a short idea in the GBPUSD that worked and a long idea in the EURUSD that worked. See both below, and we are still long the EURUSD. Here’s the US Dollar Index intraday with our market directional lines: New calls and Chat tonight,...

Tradesight Market Preview for 7/31/12

The ES lost 2 on the day posting a range high doji. Tradesight subscribers and Twitter followers got an early indication today that the VIX was signaling that there would be no net advance in the ES today. Since both the ES and the VIX were higher on the day there was...

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