Jacobs Ladders Weekly Rewind April 30th

This blog series will objectively analyze the performance of the Jacobs Ladders  Sample Trading Strategy.

Before continuing, please review the disclaimer here. By using Jacobs Ladders or the sample educational strategy, you acknowledge the disclaimer

Performance Objective

Performance Objective 2% a day /10% a week. Refer to Strategy definition for details.

System routinely exceeds this goal. But this is ignored for performance tracking .I will still record total handle run up that happened against each set up on this strategy so you can learn how to maximize your profits and form your own trading strategies using this Levels system.

ES Emini Futures

Weekly Summary

Total Tradable Set Ups 38
Successful Set Ups 35
Failed Set Ups 3
Net Draw Up Handles Against Tradable Set Ups 206.5

Weekly Goal of 20 handles/10% on margin capital is achieved

ES Emini Futures  April 30 Monday

This is a trend down day all the way to Extreme Low 1.

Key learning point: How to participate in a trend down day using each major level as target

This is a trend down day all the way to Extreme Low 1. A trader does not know at the beginning of the day that it will be a full blown trend down day.

The set up examples show how trader can trade the resistance set up to each Major Level below and as each Major level is converting as resistance, the trader can re-enter the sell off trend.

Trade Set ups Results


ES Emini Futures May 1 Tuesday

Trade Set Ups Results

ES Emini Futures May 1 Wednesday

ES Emini Futures May 2 Thursday

Trade Set up results

ES Emini Futures May 4 Friday

Trade Set Up Results