SimpleJackTrading

SimpleJackTrading

Shorting with averaging between 5640-5644. Really like the liquidity grab here on the 4 hour

SimpleJackTrading

Sitting on my hands waiting for NYSE:ES to do 1 of 2 things; 1. To go long; waiting on NYSE:ES to hit 5620.75. Remember I'm only looking for a scalp bounce for the prop firm accounts. 2. To go short; waiting on NYSE:ES to hit 5,657.25. Again, only looking for a an area of indecision in which the price will reach and reject 4-6 ticks.

SimpleJackTrading

Looking for a bounce at 5539.25 for 6-8 ticks. 5 contracts would profit you $375-$500. Don’t go for home runs with prop accounts. Just 4-6 ticks is all you need.

SimpleJackTrading

Here's the areas I'm looking at for bounces. These areas often provide bounces of 6+ ticks, typically more. 5556.75 5555.50 5547.25 5545.50 5538.00 5536.25 5524.50 5523.00

SimpleJackTrading

Looking to scalp off of 5515.50. Looking for 8 ticks

SimpleJackTrading

Looking for a scalp bounce here. Have a good weekend everyone

SimpleJackTrading

5531 we should bounce here for a 5+ tick move. Patience Pays Payouts

SimpleJackTrading

You really are going to want to wait until these prices; 5512.75 -5509.50 5503. 25 5495.00 100% expect at least 8 tick bounce

SimpleJackTrading

Next bounce at; 5530.25- 5526.75 Manage risk; a 15 min close below 5526.75 Reward; 8 ticks+

SimpleJackTrading

NYSE:ES if you want to go long for a scalp of 8+ ticks with minimum risk wait until we hit any of these ranges; 5550.50 - 5543.25 5530.25 - 5526.75 5514.00 - 5509.50

SimpleJackTrading

This is the only level to watch. If the 15 closes above that; long. Otherwise short risking a close above that

SimpleJackTrading

Easy scalp idea; Wait for 5503.75 then if needing to average down 5504.75. Go short here for an easy 8 tick bounce. On future funded accounts using 4 contracts you’ll make; $400 with 8 ticks.

SimpleJackTrading

Waiting for 5408-5406.50 to buy long for a scalp. Remember we don’t need the whole move. Just a consistent piece

SimpleJackTrading

Needs to close above 5424.50 to be bullish. Sitting on my hands leaning bearish right now

SimpleJackTrading

Looking for a short scalp when we retest 5459.50. 6 ticks at least.

SimpleJackTrading

The only way I’ll touch NYSE:ES long is when it retest these levels. I’m fine missing a move. Willing to wait to minimize risk is the name of the game; 5444.75 5439.50 5426.25 5419.50

SimpleJackTrading

The only way I’ll touch NYSE:ES long is when it retest these levels. I’m fine missing a move. Willing to wait to minimize risk is the name of the game; 5444.75 5439.50 5426.25 5419.50

SimpleJackTrading

IF you want to minimize risk (name of the game) and trade before FOMC; wait until we get a pullback into 5,432.50-5422.50. If you're trading a prop firm account you can expect at least a 16 point tick move bounce.