Trading Session Recap (Week 35; Day 1)

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:   3 setups;   274 Ticks NET  ( NQ: 34 | ES: 64 | YM: 176 ) 


Econ Data

Reported as current release and in relation to (previous months data).

Personal Income & Outlays:

  • Income: POSITIVE (slight increase)
  • Consumer Spending: POSITIVE (slight decrease)

Recap/Outlook Video: 

Markets Covered: ES, YM, NQ, CL, GC, 6E, EMD, 6J, ZS, NG, PL, ZN


Daily Stats    

  • 3 Markets.   
  • 3 Setups.  
  • 274 Ticks
    • NQ:  34 Ticks 
    • YM:  176 Ticks 
    • ES:   64 Ticks 

Session Highlights

  • 1 TREND – 1 SETUP
  • Overall trend of the day: UPTREND
  • Fib projections levels hit:
    • DOWNSIDE: 
    • UPSIDE: 1 tick shy of YM

Full Session Chart

8.29.16 - Full Session


Trend Highlights

ES

8.29.16 - ES Trend

NQ

8.29.16 - NQ Trend

YM

  • 1 trend session!

8.29.16 - YM Trend

—————————————-

Setup Highlights

ES

  • Entry on break above globex
  • 1st pullback; stop to b/e – wait & see if trend continues
  • 1st exit front run 4hr T3-50
  • 2nd exit on break of recent swing size

8.29.16 - Setup #1 - ES

NQ

  • 1st exit on 1m 50/144ema trend break
  • 2nd exit at 25m OR high

8.29.16 - Setup #1 - NQ

YM

  • 1st exit front run at Fib Projection level
  • 2nd exit at market close

8.29.16 - Setup #1 - 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: UPTREND 
      • YM: DOWNTREND Pullback
      • ES:  UPTREND 
    • T3-50: 
      • ABOVE: 
      • BELOW: NQ/YM
      • @ SUPPORT: ES

8.29.16 - 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

  • No gaps closed or formed today

8.29.16 - 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