Week 28 RECAP

Looking at the week behind 1 day @ a time….. 

Good trading is always going back over the trading WEEK and reviewing the setups that may or may not have worked out and what kept you in or perhaps took you out too early. Looking for the trend move and remaining in the trade is the objective. It’s your patience and discipline that will continue to grow as a trader when you implement such tools.

Weekly Total:   21 setups;  275 Ticks NET  ( NQ: 108 | YM: 92 | ES: 75 )

Markets Traded: 

  • YM, ES, NQ (RTH)

Additional Focus in Video Outlook/Recaps:

  • CL, 6E. GC
  • AMZN, GOOG, SBUX, AAPL, NFLX, FB
  • VXX, SPY

Charts of the Week: 

Looking for the chart of the week means looking for what I call the Golden Setup or simply which chart had the highest probability of price action running in TREND. Whether it ran 20 or 100 ticks, it’s the patience to wait for that setup and trust the entry. This is what I strive each day in the market to wait for in each of my setups.

  • 3 consecutive overnight sessions
  • While the intraday sessions rarely had anything to really show evidence of a TREND, it was the overnight GLOBEX sessions that moved the markets in support of the Bloomberg Chart seen below.

spx-after-hours-moves

 

7.11

7.11.16 - Trend #1 - Overnight

7.12

7.12.16 - Trend #1 - Overnight

7.13

7.14.16 - Trend #1 - Overnight


Golden Setup of the Week: 

While there weren’t many to choose from, always looking for as many charts in sync for the higher probability entry.

  • ES

7.15.16 - Trend #2c - Setup ES

  • NQ

7.11.16 - Trend #2 - Setups - NQ


Daily Recap/Outlook Videos: 

Monday

  • NQ:  41 Ticks (31/10)
  • ES:   6 Ticks (6/0 )
  • YM:  10 Ticks (10)

———————————————–

Tuesday

  • NQ:  23 Ticks (2/10/11)
  • ES:   29 Ticks (29)
  • YM:  37 Ticks (37 )

———————————————–

Wednesday

  • NQ:  23 Ticks (-48/71)
  • ES:    16 Ticks

———————————————–

Thursday

  • YM: 9 Ticks (0/9)

———————————————–

Friday

  • NQ:  21 Ticks (11/10)
  • ES:   24 Ticks 
  • YM:  36 Ticks 

Momentum Outlook 3 cropped

Each week I review the current technical trend in the following markets in my weekend Futures, ETF’s & Market Cap Leaders post and Newsletter.

Futures: ES, YM, TF, NQ, CL, GC, 6E 

ETF Futures: SPY, DIA, IWM, QQQ, FXE, GLD, USO, EEM, TLT

Market Cap Leaders: AAPL, AMZN, SBUX, GOOG, FB, NFLX

Key Indices: SPX, DXY, XAU, XOI

Industrial’s: IYJ, IYT, XLB, XLE, XLF, XLK, XLP, XLU, XLV

FX Pairs: AUD/USD, EUR/USD, GBPUSD, USD/CAD, USD/CHF, USD/JPY

Total Stock Market: IYY, VTI, SCHB

Jason Kelly Index Tier: IJR, MVV

**Click here for most recent Post and Newsletter


One Simple Strategy. ANY market. ANY chart. ANY time frame.

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e-Manual available on teaching this trading strategy and live trading room/screenshare

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