Futures Calls Recap for 5/26/20
The markets gapped up and went lower, with the NASDAQ in particular going into red territory from a big gap up. NASDAQ volume was heavy at 4.4 billion shares.
Net ticks: +9 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:
NQ Opening Range Play triggered short at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Tradesight March 2020 Futures Results
Before we get to March's numbers, here is a short reminder of the results from February. The full report from February can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for February 2020
Number of trades: 20
Number of losers: 8
Winning percentage: 60%
Net ticks: -23 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 March 2020
Number of trades: 1
Number of losers: 0
Winning percentage: 100%
Net ticks: +4 ticks
Strangest month ever in the 15 year history of our futures service. With the crazy volatility, the Opening Range plays that we count every day showed too much risk to take, and the rest we mostly called from the tape. Things should get back to normal once the markets calm down.
Tradesight February 2020 Futures Results
Before we get to February's numbers, here is a short reminder of the results from January. The full report from January can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for January 2020
Number of trades: 36
Number of losers: 7
Winning percentage: 80.5%
Net ticks: +140.5 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 February 2020
Number of trades: 20
Number of losers: 8
Winning percentage: 60%
Net ticks: -23 ticks
As the markets crashed and COVID kicked in, many of the Opening Range plays triggered too far out of range to take, so our total number of trades dropped. Still, we won more than we lost and we stayed protected in this awkward environment.
Futures Calls Recap for 5/22/20
The markets opened around flat and went a little lower and that was about it for the day ahead of the long weekend on 3.6 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked:
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:
Futures Calls Recap for 5/21/20
The markets opened flat and were painful for the first hour, then finally slipped and gave us a move before lunch, but that was it for the day on 3.6 billion NASDAQ shares.
Net ticks: +21.5 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 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, triggered short at B but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Futures Calls Recap for 5/20/20
The markets gapped up and went higher, then topped out ahead of lunch and the rest of the session was a dead waste of time. NASDAQ volume was 4.3 billion shares.
Net ticks: +4 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 enough for a partial:
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:
Futures Calls Recap for 5/19/20
The markets opened fairly flat and didn't do much all day until a very late sell-off. NASDAQ volume was 4.1 billion shares.
Net ticks: -13.5 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and stopped, triggered short at B and worked:
NQ Opening Range Play triggered long at A but too far over the range to take under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Futures Calls Recap for 5/18/20
The markets gapped up and went higher in a drift mode on 4.3 billion NASDAQ shares.
Net ticks: +11.5 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 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 but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Futures Calls Recap for 5/15/20
The market gapped down, filled, then went basically flat and closed slightly green with a late push on 4.2 billion NASDAQ shares for an expiration Friday.
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 triggered long at A and stopped out under the midpoint, triggered short at B but too far out of range to take:
NQ Opening Range Play triggers were too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Futures Calls Recap for 5/14/20
The markets gapped down, went lower for a bit, came up to fill the gap, stayed in the Value Area for most of the day, and then rallied late on 3.9 billion NASDAQ shares.
Net ticks: +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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered but all too far out of range to take:
NQ Opening Range Play triggered but all too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at A, hit first target for 8 ticks, and stopped the second half a couple of ticks in the money:
