Week 48 RECAP

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate inquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any reference published here. Past performance is not necessarily indicative of future results.  


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.

Markets 

  • YM, ES, NQ (RTH)

Additional Focus in Video Outlook/Recaps 

  • CL, GC, ZN, 6E, EMD, 6J

*Results will vary for each individual trader based on market entry/exit and/or live versus simulated environment. 


TREND Charts of the Week 

Looking for the chart of the day 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.

core-chart-4

  • Great examples below of how with ALL charts in sync and price action  with the  T3-50/Heikin-oKu cloud, a higher probability of momentum following through in TREND 

Daily Recap/Outlook Videos: 

Recap reflective of highest probability setups based on price action crossover of T3-50 and 50/144ema cloud with 1 of 4 possible trade management setups and exit strategies. Market order entries/exit will vary whether simulated or live for each trader. All setups are called out on real time charts in a screenshare room and randomly posted online.

———————————————–

Monday

Chart of the Day

11-28-16-nq-post-1-hour

  • Post Holiday/Low Volume Session
  • Indices mixed with small pockets of trend
  • GC gives and takes back
  • VIX bounces back up off lows of 12.75
  • Crude in flux with OPEC indecision
  • GDP, NFP and Italian Referendum in the scopes
  • Overall Indices trend of the day:
    • Globex: Chop
    • US Session: FLAT

———————————————–

Tuesday

Chart of the Day

11-29-16-nq-oversold-to-overbought-reset

  • Picture Perfect session with Murray Levels and HA bars to keep you in the TREND
  • Crude continues to chop as OPEC indecision looms
  • Gold in a hold
  • Indices roar up and retreat. YM doesn’t play as well.
  • Market internal Murray levels works like a charm and turns on the hi and lo’s
  • GDP/Corporate Profits reports up.
  • Overall trend of the day:
    • Globlex: Chop
    • US Session: Pop & Drop

———————————————–

Wednesday

Chart of the Day

11-30-16-nq-am-session

  • Hump Day Sell Off 
  • Beige Book, ADP reports out
  • OPEC meeting comes to resolution – Crude rally and pullback
    • Closes out open gap downside
  • Globex Gold drops
  • Indices Divergent
    • NQ leads rally downside to daily 5with ES and YM lagging
  • Overall Indices Trend:
    • Globex: UPTREND
    • US Session: DOWNTREND

———————————————–

Thursday

Chart of the Day

12-01-16-nq-am-session

  • FANG stocks bite hard – NQ selloff
  • NQ index leads, ES follows, YM drags
  • Crude extends trally to close out 10.19.16 gap
  • Gold gets a lift, Euro rally
  • SBUX CEO resigns
  • Pre-NFP release/First day of month
  • Overall Indices Trend:
    • Globlex: CHOP
    • US Session: DOWNTREND

ARTICLE: NQ Techincal Outlook

———————————————–

Friday

Chart of the Day

12-02-16-cl-full-session

  • Volatile end of the Week Session
  • NFP report – in line; 6E responds more than indices
  • Pre-Weekend Italian referendum uncertainty
  • Crude extends rally upside
  • Gold chop
  • Divergent indices
    • YM continues to hold upside
    • NQ all over the place today but remains flat
    • ES flat with pockets of trend
  • Overall Indices Trend:
    • Globex: Slight Downtrend
    • US Session: FLAT

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

Manual Cover

e-Manual available on teaching this trading strategy.

Real-time charts shared daily in screenshare room.


Government Required Risk Disclaimer and Disclosure Statement

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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