Stock Picks Recap for 12/15/14
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, OUTR triggered long (without market support very late in the day) and didn't work:
QLGC triggered long (without market support) and didn't go enough in either direction to count anyway:
NFLX triggered short (with market support) and worked:
PODD triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's YHOO triggered long (with market support) and worked enough for a partial:
SINA triggered long (with market support) and worked enough for a partial:
Rich's TRIP triggered long (with market support) and didn't work:
His TSLA triggered short (with market support) and worked:
His AMGN triggered short (with market support) and didn't work:
FSLR triggered short (with market support) and worked:
SNDK triggered short (with market support) and worked:
In total, that's 8 trades triggering with market support, 6 of them worked, 2 did not, although nothing was a huge winner for the session.
Futures Calls Recap for 12/15/14
Mark's call triggered once and stopped, then worked the second time nicely. The markets gapped up, were flat for the first 30 minutes, then filled the gaps and kept going before returning to the VWAP later. NASDAQ volume was 1.9 billion shares.
Net ticks: +9.5 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:
Mark's call triggered short at A at 2001.75 and stopped for 7 ticks, then triggered again shortly after that, hit first target for 6 ticks, and he lowered the stop several times and stopped the second half 27 ticks in the money:
Forex Calls Recap for 12/15/14
A stop out in the EURUSD and that's it to start the week. The GBPUSD was the bigger mover. See the EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and stopped. Was already back under the Pivot trigger when I woke up in the morning, so no second trade:
Tradesight November 2014 Forex Results
Before we get to November’s numbers, here is a short reminder of the results from October. The full report from October 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 October 2014
Number of trades: 34
Number of losers: 18
Winning percentage: 47%
Worst losing streak: 4 in a row
Net pips: +80 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 November 2014
Number of trades: 21
Number of losers: 7
Winning percentage: 66.7%
Worst losing streak: 2 in a row
Net pips: +255 pips
Despite the Veteran's Day bank holiday and the week of Thanksgiving cutting down the number of trading days for the month, we had a solid month as ranges continue to improve across the board. We gained 255 pips for the month just on the main trade calls. We ran far less trades than the prior month, but the win ratio was very high, and we had several calls that carried forward more than a day, which is what you want to see. The 6 Month Average Daily Ranges on the EURUSD and GBPUSD improved from 69 to 77 and from 83 to 90, respectively, which is another nice bounce. 7 pips on a 6 month average is significant. Let's hope the action holds up at least for the first part of December before the Holidays hit, and we look forward to much-improved action in 2015.
Tradesight November 2014 Futures Results
Before we get to November’s numbers, here is a short reminder of the results from October. The full report from October can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for October 2014
Number of trades: 25
Number of losers: 11
Winning percentage: 56%
Net ticks: +12 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 Messenger exactly as we call them and manage them and 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 Messenger calls.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Tick Results for November 2014
Number of trades: 20
Number of losers: 11
Winning percentage: 45%
Net ticks: -32 ticks
Ah the irony. In a month where our Opening Range plays netted over 200 ticks on the ES alone, we saw the markets slow down quite a bit with a couple of Holidays, including Thanksgiving, which basically cost us a week. The main trade calls gave us the first losing month in a while. Volume also dipped back in the market, compared to September and October, which were strong months for us. On to December...
Stock Picks Recap for 12/12/14
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, Rich's ADBE triggered long (with market support) and worked:
His FB triggered long (with market support) and worked enough for a partial:
COST triggered short (with market support) and worked:
Rich's VXX triggered short (ETF, so no market support needed) and worked enough for a partial:
NFLX triggered short (without market support) and didn't work:
Rich's NTES triggered long (with market support) and didn't work:
His AMZN triggered long (without market support) and didn't work:
His YHOO triggered short (with market support) and worked:
In total, that's 6 trades triggering with market support, 5 of them worked, 1 did not.
Futures Calls Recap for 12/12/14
Another big session for our opening range plays, especially on the ES, but the main call triggered once and stopped before working a little the second time. See the ES section below.
Net ticks: -4.5 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:
Triggered long at A at 2022.00 and stopped. Triggered again shortly after, hit first target, and stopped second half under the entry:
Forex Calls Recap for 12/12/14
A clean winner to close out the week in the EURUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
EURUSD:
Triggered long at A, hit first target at B, closed second half at C for end of week:
Stock Picks Recap for 12/11/14
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, NVAX triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's TSLA triggered long (with market support) and worked:
His AMGN triggered long (with market support) and worked enough for a partial:
SINA triggered long (with market support) and worked:
LNKD triggered long (with market support) and worked enough for a partial:
BIIB triggered long (with market support) and didn't work:
Mark's AAL triggered long (with market support) and worked:
Rich's FB triggered long (with market support) and worked:
His FCX triggered long (with market support) and worked:
Mark's UAL triggered long (with market support) and didn't work:
In total, that's 10 trades triggering with market support, 8 of them worked, 2 did not.
Futures Calls Recap for 12/11/14
Another nice day with the Opening Ranges plays, with the ES and NQ locking around 35 ticks each easily. Meanwhile, for regular calls, see the ES section below. We roll to the March 2015 (H5) contracts tonight for Friday. It will take a day for the market to adjust.
Net ticks: +2.5 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:
Mark's call triggered long at A at 2046.25, hit first target for 6 ticks, and stopped second half under the entry:
