Tradesight Recap Report for 2/26/21

Overview

Markets gapped up, filled, and were about to close flat for end of month Statement printing on a Friday when they tanked a bit in the last 10 minutes on 5.9 billion NASDAQ shares.

ES with Levels:

ES with Market Directional:

Futures:

ES Opening Range Play triggered short at A but too far out of range to take:

NQ Opening Range Play triggered long at A and short at B, but both too far out of range to take:

Results: +0 ticks

Forex:

GBPUSD, no calls for a dead session, which is a good thing:

Results: +0 pips

Stocks:

BIDU triggered short (with market support) and worked great:

That’s 1 trigger with market support, and it worked.


Tradesight Recap Report for 2/25/21

Overview

Futures:

ES Opening Range Play:

NQ Opening Range Play:

Results:  ticks

Forex:

GBPUSD, no calls:

Results:  pips

Stocks:

No calls in the report left.

Rich's AAPL triggered long (with market support) and didn't work:

His EXPE triggered short (with market support) and worked:

His COST triggered long (without market support) and didn't work:

That’s 2 triggers with market support, 1 of them worked and 1 didn’t.


Tradesight Recap Report for 2/24/21

Overview

Markets opened flat and didn't do much, eventually filled the gaps and then lifted over lunch and went dead in the afternoon on just (?) 5.8 billion NASDAQ shares.

ES with Levels:

ES with Market Direction:

Futures:

ES Opening Range Play, all triggered were too far out of range to take:

NQ Opening Range Play, all triggered were too far out of range to take:

Results: +0 ticks

Forex:

Results: +70 pips on closing out the trade from two days ago

Stocks:

From the report, MLCO triggered long (with market support) and eventually worked a little:

FPRX triggered long (with market support) and worked:

In the Twitter feed, Richs HD triggered short (with market support) and worked:

His ABNB triggered long (with market support) and worked huge:

AMZN triggered short (with market support) and worked:

Rich's OXY triggered long (with market support) and worked:

That’s 6 triggers with market support, all of them worked.


Tradesight Plus Report for 2-24-21

Only ten stocks in my scans on the long side and none of them matter. Nothing much on the short side since we headed down for a day and recovered. This is just junk.

Two ideas.

MLCO > 20.64:

FPRX > 24.70:

Opening comments posted to YouTube. The rest will be posted from the tape.


Tradesight Recap Report for 2/23/21

Overview

The markets gapped down hard and went lower for 20 minutes, then spent the rest of the day recovering on 7.5 billion NASDAQ shares. We bought the ES on the cup and handle breakout late in the day at A and made 80 ticks:

ES with market directional:

Futures:

ES Opening Range Play triggered short at A and worked:

NQ Opening Range Play too far out of range to take:

Results: +51 ticks, not including the 20 handle win in the afternoon since we talked about it in the Lab but didn't post it to the Twitter feed.

Forex:

We came into the session long the GBPUSD from the prior day and we still are. Meanwhile, the new call triggered long at A and stopped:

Results: -25 pips

Stocks:

A great day eventually.

Rich's AMZN triggered long (with market support) and worked:

His V triggered long (with market support) and worked:

His FB triggered long (with market support) and worked:

That’s 3 triggers with market support, all of them worked.


Tradesight Recap Report for 2/22/21

Overview

The markets gapped down, tried to rally for 30, then went lower. The NASDAQ was weaker than the broad market, and we closed near lows on 6.5 billion NASDAQ shares.

ES with Levels:

ES with Market Directional:

Futures:

ES Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B and worked enough for a partial:

NQ Opening Range Play:

Results: -13.5 ticks

Forex:

GBPUSD triggered long at A, hit first target at B, still holding second half:

Results: Nothing yet, trade isn't finished.

Stocks:

Not much of a session. Nothing triggered off of the report.

Rich's DE triggered long (with market support) and worked:

That’s 1 trigger with market support, and it worked.


Tradesight Plus Report for 2-22-21

Opening comments posted to YouTube for the new week. We are past February options expiration and heading into the end of the short month. No Holidays for over a month ahead of us, so we get to just stick to trading. Obviously, the best answer for us would be to get a market pullback and get some volatility going. We shall see.

Only long ideas came up in the scans, so in order of the best chart construction, starting with CLSK > 42.60:

FPRX > 24.70:

REFR > 5.70:

ZVO > 5.70:

We will call the rest from the tape. Have a good week.


Tradesight Recap Report for 2/19/21

Overview

Straight out of Module 10 from the course, a dead session for options expiration. NASDAQ volume was 6.7 billion shares. We gapped up small and stayed flat through most of the session. We were dead even until the last 15 minutes.

Here's the ES with Levels:

ES with Market Directional:

Futures:

ES Opening Range Play triggered short at A and worked enough for a partial:

NQ Opening Range Play triggered short at A but too far out of range to take:

Results: +4 ticks

Forex:

GBPUSD triggered long at A, hit first target at B, closed second half for end of week:

Results: +35 pips

Stocks:

From the report, nothing triggered.

Rich's SPOT triggered long (with market support) and didn't work:

That’s 1 trigger with market support, and it didn't work.


Tradesight Recap Report for 2/18/21

Overview

The markets gapped down, went lower, and eventually climbed up to almost fill the gap on 6.5 billion NASDAQ shares. Here's the ES with Levels:

And with market directional:

Futures:

ES Opening Range Play triggered long at A and worked enough for a partial, triggered short at B and stopped over the midpoint:

NQ Opening Range Play triggered long at A and short at B, both too far out of range to take:

Results: -12 ticks

Forex:

GBPUSD triggered long at A, hit first target at B, stopped second half under the R2 at C:

Results: +35 pips

Stocks:

From the report, HST triggered long (with market support) and worked:

From the Twitter feed, Rich's V triggered long (with market support) and didn't work, worked later if you took the retrigger:

His WDC triggered long (with market support) and worked:

His WFC triggered long (with market support) and worked:

His PXD triggered short (with market support) and worked:

ADBE triggered short (without market support) and didn't work, shouldn't have been taken anyway due to the spike:

Rich's AMZN triggered long (with market support) and worked:

That’s 6 triggers with market support, 5 of them worked and 1 didn’t.


Tradesight Recap Report for 2/17/21

Overview

The markets gapped down and didn't do much early, probably more negative than positive, but then things came back and the S&P closed -1 on 7.2 billion NASDAQ shares.

ES with Levels:

ES with Market Direction:

Futures:

ES Opening Range Play:

NQ Opening Range Play:

Results:  ticks

Forex:

Not much action. GBPUSD triggered short at A and stopped:

Results: -25 pips

Stocks:

Rich's PTON triggered short (without market support due to opening 5 minutes) and worked:

His ZM triggered short (without market support due to opening 5 minutes) and worked:

His BIDU triggered short (without market support due to opening 5 minutes) and worked:

PYPL triggered short (with market support) and worked:

That’s 1 trigger with market support, and it worked.