Trading Session Recap (Week 31; Day 3)

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

Good trading is always going back over the trading day 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.

Market Traded:  YM, ES, NQ (RTH)

Weekly Total: 20 setups;  482  Ticks NET  ( NQ: 285 | ES: 73 | YM: 124) 


Econ Data

  • Mortgage Apps: NEGATIVE (increase from last time)
  • ADP Employment: POSITIVE
  • ISM (non-mfg): NEGATIVE
  • Crude: POSITIVE (decrease from last number)

Recap/Outlook Video: 

Markets Covered: ES, YM, NQ, CL, GC, 6E

Additional Focus: ETF, FOREX


Daily Stats    

  • 3 Markets.   
  • 8 Setups.  
  •  172 Ticks 
    • NQ:  84 Ticks (36/24/24)
    • YM:  48 Ticks (24/24)
    • ES:   40 Ticks (12/12/16)

Session Highlights

  • Trend #1
  • US open TREND session predictor (beta version): SHORT

8.03.16 - Trend indicator

  • Overall trend of the day: CHOPPY UPTREND
  • Fib projections levels hit:
    • NONE

Trend Highlights

Trend #1

8.03.16 - Trend #1a

  • AD line momentum UPTREND

8.03.16 - AD line

—————————————-

Setup Highlights

  • ES

8.03.16 - Full Session - ES

  • NQ

8.03.16 - Full Session - NQ

  • YM

8.03.16 - Full Session - YM

—————————————-

RTH Closing Charts

  • Volume:
    • ABOVE Average: 
    • BELOW Average: YM/NQ/ES
  • Price above 50/200 moving averages on all 3 indices
  • 4 hour Big Pic: UPTREND
    • T3 Moving Averages:
      • NQ: DOWNTREND Pullback
      • YM: DOWNTREND Pullback
      • ES: DOWNTREND Pullback
    • T3-50: NQ slightly ABOVE; ES/YM BELOW

8.03.16 - Big Pic Post-Market

Top Row: Daily chart with supporting 50/200ma and volume based on a 60 day moving average

Bottom Row: 4 hour chart. T3 moving averages. 50/144ema. 

———————————

Open Gaps

  • Remain below on indices
  • Above/below on Crude
  • No gaps closed out today

8.03.16 - Open Gap Post-Market

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s