Stock Picks Recap for 8/6/14
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.
Again, I tried to keep everyone in the Lab focused on the TSLA call as it was the cleanest setup.
From the report, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's TSLA triggered long (with market support) and worked great:
His DISH triggered long (with market support) and worked enough for a partial:
His HLF triggered short (without market support) and didn't work:
His GS triggered long (with market support) and worked enough for a partial:
His GLD triggered short (ETF, so no market support needed) and never went enough in either direction to count, closed at the trigger:
WYNN triggered long (with market support) and didn't work:
NFLX triggered long (with market support) and we will say that it stopped because it didn't hit +1 before it hit -1, but ultimately it worked great if you went again:
Rich's REGN triggered long (with market support) and didn't work:
In total, that's 6 trades triggering with market support, 3 of them worked, 3 did not.
Futures Calls Recap for 8/6/14
We gapped down and got some Value Area plays, with the ES call in particular working a bit. Ultimately crossed the Value Area and could have made more, but our stop was raised and got hit. NASDAQ volume closed at 1.7 billion and the markets closed fairly flat.
Net ticks: +10 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:
Our call triggered long into the Value Area at A at 1907.75, hit first target for 6 ticks, raised stop twice and stopped at 1911.25 at B:
Forex Calls Recap for 8/6/14
A stop out for the session as narrow ranges continue. 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:
Stock Picks Recap for 8/5/14
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, FITB gapped under the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, FSLR triggered long (without market support) and worked enough for a partial:
LNKD triggered long (with market support) and worked:
NTAP triggered long (with market support) and worked:
Rich's HLF triggered short (with market support) and worked enough for a partial:
His AAPL triggered short (with market support) and worked enough for a partial:
His GOOG triggered short (with market support) and didn't work:
His WFM triggered long (without market support) and worked:
His APA triggered short (with market support) and worked:
His DVN triggered short (with market support) and worked:
His SLB triggered short (with market support) and worked enough for a partial:
In total, that's 8 trades triggering with market support, 7 of them worked, 1 did not.
Futures Calls Recap for 8/5/14
A loser and 2 small winner2 on the ES in a session that gapped around, tried both ways, and never filled the gaps on 1.7 billion NASDAQ shares.
Net ticks: -2 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 short at A at 1923.25, hit first target for 6 ticks, looked like it was going to continue and then reversed sharply and stopped the second half over the entry. Mark's call triggered long at 1929.00 at B and stopped. Rich's call triggered short at 1910.00 at C, hit first target for 6 ticks, and stopped second half over the entry:
Forex Calls Recap for 8/5/14
Well, the EURUSD moved, but our calls were in the GBPUSD for the session and nothing triggered, although we bounced right off of the short entry exactly. On to tomorrow...
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stock Picks Recap for 8/4/14
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, BCRX triggered long (with market support) and went enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's AMGN triggered short (with market support) and worked:
His KORS triggered short (with market support) and worked:
His TSLA triggered long (with market support) and worked enough for a partial:
Mark's FB triggered long (with market support) and worked, very slowly:
BIIB triggered short (with market support) and didn't work:
Rich's VRTX triggered short (without market support) and didn't work:
His EXPE triggered long (with market support over lunch) and didn't work:
His AAL triggered short (with market support over lunch) and worked enough for a partial:
In total, that's 8 trades triggering with market support, 6 of them worked, 2 did not.
Futures Calls Recap for 8/4/14
A small winner for the session in the ES. Volume was horrible for the session, and the whole first half of the day was a narrow waste. The market did turn up in the afternoon, although still without volume. See the ES section below.
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:
Triggered short at A at 1920.00, hit first target for 6 ticks and stopped second half over the entry:
Forex Calls Recap for 8/4/14
A dull overnight session, and then our trade finally triggered late in the US session, so I ended up closing it a couple of pips in the money. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A late in the session and closed it at the end of the chart:
Tradesight July 2014 Futures Results
Before we get to July’s numbers, here is a short reminder of the results from June. The full report from June can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for June 2014
Number of trades: 20
Number of losers: 8
Winning percentage: 60%
Net ticks: +35.5 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 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 July 2014
Number of trades: 24
Number of losers: 8
Winning percentage: 66.7%
Net ticks: +17.5 ticks
July was interesting. Our winning percentage was higher than usual, but the markets were so flat that a lot of the winners were small, only to our first targets, so we spent much of the month on the main calls trading winners and losers. The markets did start to move in the last week of the month though, and that's when things improved. Hopefully, we won't have too many months as flat as July. It was a great month to see how the system works and why movement matters.