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Thursday - March 21 Swing Trade Update : SHORT ZBM13 ( T-Bonds ) at 143.29 > Final target reached and nailed for :
+ 43 ticks or $ 1,343.75 per contract traded. Indicator Signals works again
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10:30am est Update : The Short position is a winner : + 31 ticks or Full Point > + $968.75 GAIN
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9:00pm est > T-Bonds ( 30yr ) Futures- June Contract ( ZBM13 ) : SOLD 143.29
This is a very rare opportunity with high probability setup, will add if it goes higher.
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1:30 pm Update : Target # 3 has been reached and booked, for + 25 pts added to the previous Gains. Short Position from 1557 is working as planned.Congratulations is in order for those private subscribers that took the trade with faith and conviction.
An interesting note is that most StockTwits $ES_F traders did NOT see the reversal coming and/or ignored the WARNING posted on this Blog due to their incompetence, arrogance or just plain lack of knowledge.
Tue - Mar 19 Swing Trade Update : SHORT @ 1557 > see below
Well, what do you know, the expected D-Day developed into a continuation of the downtrend to my surprise and delight. The Day Trading Plan is also working as expected.
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Tuesday, March 19 : ES Key Levels and Trade Plan :
Markets should be somewhat rotation inside yest value area. FOMC meeting starts - ECON calendar is very light. Markets all contained within yesterdays value area overnight - YM came down and tagged 360 last weeks POC
The Key Bull / Bear
Zone : 1543.50 - 1545.50 . If this zone doesn't hold then the next significant
Zone is from 1539 - 1541. Above there is 1550.75 -
1552.75 with 1555.75 as the Key Resistance above that zone. It should be a D -
Day with no directional trend today , waiting for the FED, unless some unexpected EU news hits the wire.
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WARNING of Eminent Market Top was given on this Blog > Wed, March 13 :
SHORT Position from 1557 was initiated on Friday , Mar 15 at 8:58am est.
Trade Setup : > Bearish Head and Shoulders Formation
> VIX Count
> MACD Bearish Divergence
> Daily Doji at Key Institutional Level
> Cycle Indicator Overbought
> RSI ( 2 ) Overbought Reading at Key Resistance
> Other Clues as adviced to subscribers
The Bull / Bear Zone : 1549 - 1546
The Market has GAP down 20.50 pts during Globex, the min target is available upon request.You must be a long term follower of this Blog and write an opinion or comment about this trade in StockTwits,thank you for your cooperation.
JaguarTrader
Hi Jag, would you mind telling me on what time frame you saw the bearish H&S formation and the MACD Bearish divergence?
ReplyDeleteCan you share your min target with me?
thanks,
Jaxie
The H & S Formation > 30min : Left Shoulder 1557.25 < March 14 and Right Shoulder 1557.25 < March 15 with the head of 1558.75.
ReplyDeleteBearish MACD Divergence in the 4 Hr time frame.
JaguarTrader
thanks Jag! not a nice symmetrical H&S but I can see it now. I appreciated your response!
ReplyDeletejaxie
Both Right and Left Shoulders at the same exact price!, you won't ever see a more symmetrical H & S , EVER !,.Make sure you write a comment on StckTwits, thank you.
ReplyDeleteJaguarTrader
True that the price level for both shoulder were the same. The reason i said that is because the drop between the left shoulder and the head and the drop between the head and right shoulder was way different and made me miss this formation.anyway thanks again, will post something on ST.
ReplyDeletejaxie
Jaxie,
ReplyDeleteHere is another quick lesson in how to read H&S correctly.The drop or LL at 1554 was the only reason that the Formation worked to the downside,yes it was different in that it was lower than 1554.50 < Key support, so in other words, you are looking for this to happen to confirm the Formation is good.Hope you got it.
JaguarTrader
i used 1550.75 as bull bear hard to trade so i keep scalping 2-3 pts short 1-2 contracts each time i do more the move goes against me. thx for the updates jag mb 1480 swing gets taken out ;)
ReplyDeletegot it, thanks for the explanation.
ReplyDeleteJag this is your final blog post? Where else can I follow u? make sure to email me when you write your book
ReplyDeleteJag! what kind of feedback are you looking for? I mean it is obvious that your calls are spot on for most of the time so it is hard to add any value to it. from my point of view I am trying to pick your brain by asking a bunch of question so i can improve my trading skills when I don't understand your entries. and at the same time I try not to be too nosy either as I know everyone has his/her own system that they don't want to share with anyone.
ReplyDeletethat is why i am asking what kind of feedback are you looking for?
I guess my post would be #10 which would meet the criteria for another post from you =)))))
Bela from Budapest, Hungary
Dear Bela,
ReplyDeleteThank you for your feedback, and I don't mind your your questions at all.You seem to understand that there are market insights and clues that are reserved for the private subscribers only and the time consuming nature of keeping updates on this Blog.You and Eddy are the only followers giving feedback comments.
What I am trying to get is feedback from the others following this Blog.Need to see a minimun of 10 different long term or new followers,any feedback comments from them, otherwise would have to concentrate on only the private subscribers.
Hope that clears up the feedback request.
JaguarTrader 11:38pm est
I respect your wish and in the meantime I will do what I can and post on your blog.
ReplyDeleteSo my question is you have a short position in ES and a short in ZB. Are you still holding both and the reason I am asking is because if one goes up the other normally goes down so was that ZB trade is more of a hedging trade in case ES goes higher? just curious...
Can you elaborate on the ZB trade setup a bit please?
thanks,
Bela
The ZB Trade was based on a very reliable proprietary indicator, it was not a swing trade,not a hedgind trade.The last position lot on the Swing Short was liquidate when it cross and traded above the key level > 1539.25 on Mar 19.The total Final GAIN for that trade was: + 75 pts.
ReplyDeleteThank You for yur comments,
JaguarTrader
Thanks Jag, its eddie with an ie LOL, i hope it doesnt freak u out how many times it says view from san juan capistrano even tho that is 2 cities over from me:) glad i found u not to long ago
ReplyDeleteJag -- really appreciate your insights and use them for clues -- it is especially great when it matches my own work. Please let me know how to remain in touch or how I can help the cause....
ReplyDeleteThanks!
Rago
Thanks for your reply!
ReplyDeleteBela
Tony Rago,
ReplyDeleteThanks for the feedback comments.What location?
Need seven more feedbacks from other followers.
Jag I would like ur thoughts on a blow off the top and where a possible top would be, i assume u are out of the short from 57 tia
ReplyDeleteeddie
Eddie,
ReplyDeleteHad you email, but seem to have deleted by mistake, can you resend ?, thanks
JaguarTrader
Hi Jag, how you doing?
ReplyDeletewondering that you still think the minimum target of 1567 will happen? this was a prediction from you on ST at the beginning of March so just curious if we still see an all time high in your opinion.
thanks,
bela
Bela,
ReplyDeleteCan you send me an email address? so I can answer your question
JaguarTrader
Sorry just saw reply -- Las Vegas, NV
ReplyDeleteThanks Tony,
ReplyDeleteLas Vegas < most exiting town to live in.
There are other Blog visiters from Boston,Brampton-Ontario,Houston-Tx, Decatur-Georgia,New Jersey,Los Angeles,Covina-California and others that have not contributed any feedback.
JaguarTrader
I haven't commented because I don't have much to add. I simply have a long term swing on in DX and think it has put in a secular low. Wondering out loud - if it will retest the 81 level that it tagged on Sunday - if so, may be the time to sell ES for a longer term trade. I am interested in learning more about the shorter term trading/levels you discuss re ES - Chris in Houston
ReplyDeleteAlso > Boston < no feedback comments contribution.
ReplyDeleteJaguarTrader
Great, Houston-Tx
ReplyDeleteChris,Dollar Trader >Thanks for the comment, now there is only six other visiters-followers feedback neeeded.
JaguarTarder
Ca Usa, dana point (near san juan)
ReplyDeleteEddie, please dont rob my house lol, miss u daily targets how many more comments are needed
Eddie from Dana Point,CA
ReplyDeleteYour feedback is already counted, need 6 more with names and locations.Herndon,Virginia is another regular visiter that has not contributed any feedback.
JaguarTrader
Hi Jag - Covina, CA here... guilty of not commenting earlier. Your target high of 1567 is 1 point off!! Amazing...
ReplyDeleteJohnny
The Swing High was 1568 on Tue > look :Friday,Mar 15 > " WARNING : IMPORTANT MARKET TOP WITHIN 2 WEEKS !"
ReplyDeleteThere it goes, as predicted, hope you made some money Johnny,and thanks for your comment/feedback.Market correction occurs right on a TTT Sell Short Day, can't get better than that.
JaguarTrader
Hi Jag,
ReplyDeleteI am new to Stock Twits and I happened across your blog. It looks great!
I've taken trading classes at OTA and have learned supply and demand and fibonacci techniques. In looking at the YM and ES futures on a four hour chart, I see a double top set up. I am waiting for the YM to come up into the 78.6% to 88.6% range before taking a short entry. I was wondering if you see the same thing?
Anyway, I'm a newbie to the site, but I really appreciate community and traders helping traders.
Thank you,
Trader Jose
Hello Jose from Vacaville,CA
ReplyDeleteThanks for your feedback comment.Can you send me an email address, so that I can answer your question.
JaguarTrader
jag, i just registered last night , went long last night @52, posted on ST, after looking at your late friday post, just covered 1/2 here at 56.5 wtrans,
ReplyDeleteGood trade Lester Foster from Cayucos,CA
ReplyDeleteThe Key level above is 1658