Trading Session Recap (Week 14; Day 3)

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 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 setup 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, CL, GC, 6E, 6J

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


Recap/Outlook Video:


Session Highlights

  • Markets
    • Indices
      • AM session
        • YM/ES in Super Trend; NQ lagging
        • NQ marks a new ALL Time High
      • PM Session
        • Market sells off
    • VIX closes out @ 12.89
    • Core Sector List: 2 GREEN; 23 RED
  • Economic Highlights
    • ADP: higher than expected
    • ISM Non MFG: Down
    • EIA Crude: Build
    • FOMC Minutes: Balance Sheet unwinding, Stock Market valuations (No-No for the fed to comment)
    • Mutual Funds Q2 Buy
  • News
    • POTUS meets with King Abdullah of Jordan
  • Charts
  • Overall Indices Trend:
    • Globex: DROP and SUPER POP
    • US Session: POP & BIG DROP

Charts of Interest

Charts posted in sequential order of trading session




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......view commentary on charts above posted intraday via Twitter


Market Profile

  • ES

  • NQ


Setup Highlights

Setups reflective of highest probability setups based ...

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Comments

Pre-Market Trend - Week 14; Day 3

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and ...

Read More
Comments

Trading Session Recap (Week 14; Day 2)

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 ...

Read More
Comments

Pre-Market Trend - Week 14; Day 2

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and ...

Read More
Comments

Trading Session Recap (Week 14; Day 1)

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 ...

Read More
Comments

Pre-Market Trend - Week 14; Day 1

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and ...

Read More
Comments

Technical Momentum Outlook - Week 14

the-big-picture-2

Week 13 in the books with the end of Q1 contract and 3 months in to 2017 (recap which may be (found here) market indices regained their footing on a failed gap down Sunday to start out last week which ...

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Comments

Week 13 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 ...

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Comments

Trading Session Recap (Week 13; Day 5)

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 ...

Read More
Comments

Pre-Market Trend - Week 13; Day 5

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and ...

Read More
Comments

Trading Session Recap (Week 13; Day 4)

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 ...

Read More
Comments

Pre-Market Trend - Week 13; Day 4

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and ...

Read More
Comments

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Great Trade room, one concept to follow and a great educator
         
David is the real deal. He does what he says and says what he does. No magic formulas or indicators here. He really has stripped trading down to something so basic that anyone can understand it. Ea...
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