Goal met: Sample Strategy Performance Week of May 28th

This blog series objectively analyzes the performance of the Jacobs Ladders  Sample Trading Strategy on a weekly basis.

First, the disclaimer. By using Jacobs Ladders or the sample educational strategy, you acknowledge the disclaimer

Because of Memorial day holiday, there were only four trading days and goal is reduced to 16 handles on ES or equivalent  for the week @4 per day

May 28th 2018 Weekly Summary on ES – Sample Trading Strategy

Jacob Ladders Sample Trading Strategy Week May 21st Results
Total Tradable Set Ups 15
Successful Set Ups 15
Failed Set Ups 0
Total Handles Run Up from Tradable Set Ups
(This is how much trades ended up gaining from entry to nearest Major Level though objective is to gain only 20 handles)
173
ROI Margin Capital Weekly Goal
(20 ES handles per contract or equivalent)
10%
Weekl Goal Status Achieved

Note: This result is just from the Indices. If set ups from Crude Futures, 6E, ZB , GC, HG are added, the return would be multiples of this. Crude futures often makes more returns than ES per week. 

Performance Objective

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

System routinely exceeds this goal. Excess returns are 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.

I highly recommend reviewing the daily ES charts below to learn how Sample Strategy Set ups are applied. Having predefined levels , predefined entry set ups makes trading a mechanical process.

Daily Trade Set Up Details – ES Emini Futures

ES Emini Futures  May 28 Monday

Market closed – Memorial Day

ES Emini Futures May 29 Tuesday

Trade Set Ups Results

ES Emini Futures May 30 Wednesday

Trade Set Up Results


ES Emini Futures May 31 Thursday

 

Trade Set up results

ES Emini Futures June 1 Friday

Trade Set Up Results

 

Using Jacobs Ladders for precision entries into large moves- 6E May 30th 2018

Many swing traders were looking for the dollar short trade.

6E as a proxy is an ideal instrument to trade dollar because you don’t have to pay the horrible data fees ICE charges for DX. 6E has excellent opposing correlation to DX.  Further, 6ME allows trading in 1/10th quantities.

See chart below how perfect entries were available for going long on 6E, taking profit, reload

 

 

 

 

 

 

 

 

Remember, levels are published in advance at 9 am for UK session start (Premarket) and 10 am for US session.

A reference entry strategies are also defined (See the Sample Trading Strategy link on the left menu).  A predefined plan with predefined entry strategy makes trading a mechanical process

You can also browse through Sample Trading strategy performance posted on a weekly basis as examples of how the system work.

Another example of major CL levels catching large moves – Tuesday May 29

Here is today’s CL chart. During regular trading hours Low 2 level caught a 100 tics move up.

Over night Level Low 2 gave 100+ tics  bounce all the way to Extreme High 1 which was sold for 130 tics.

This is another example of using Jacobs ladders levels to get precision entry into a larger CL  moves  as explained in this post https://jacobsladderstradinglevels.com/2018/05/25/improve-cl-swing-entries-jacobs-ladders-levels/

 

10% Goal met on Sample Trading Strategy for the week of May 21st

This blog series objectively analyzes the performance of the Jacobs Ladders  Sample Trading Strategy on a weekly basis.

First, the disclaimer. By using Jacobs Ladders or the sample educational strategy, you acknowledge the disclaimer

May 21st 2018 Weekly Summary – Sample Trading Strategy

 

 

 

 

 

 

 

Note: This result is just from the Indices. If set ups from Crude Futures, 6E, ZB , GC, HG are added, the return would be multiples of this. Crude futures often makes more returns than ES per week. 

Week 4 Cumulative Result

This is the cumulative performance of  Sample Trading Strategy since its introduction on April 30th

Total Tradable Set Ups 111
Week # 4
Successful Set Ups 104
Failed Set Ups 7
Net draw up handles against tradable set ups

(This is total ES handles trades ended up gaining from entry to nearest Major Level though objective is to gain only 20 handles)

627.5
Cumulative weekly goal return on margin capital 40%
Weekl Goal Status Achieved


Performance Objective

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

System routinely exceeds this goal. Excess returns are 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.

I highly recommend reviewing the daily ES charts below to learn how Sample Strategy Set ups are applied. Having predefined levels , predefined entry set ups makes trading a mechanical process.

Daily Trade Set Up Details – ES Emini Futures

ES Emini Futures  May 21 Monday

Trade Set ups Results

ES Emini Futures May 22 Tuesday

Trade Set Ups Results

ES Emini Futures May 23 Wednesday

Trade Set Up Results


ES Emini Futures May 24 Thursday

 

Trade Set up results

ES Emini Futures May 25 Friday

Trade Set Up Results

 

Get Precision CL Swing Entries with Jacobs Ladders Levels

Jacobs Ladders systematically predicts High or Low for daily price moves on CL. When CL is at turning point for larger moves, these daily levels are often the starting point of the bigger move. One can take advantage of this as entry point into a swing trade.

 

 

 

Say you have a swing trade set up on CL and you expect a 1~2 handles move etc. But you are not sure exactly where to enter. No one really likes to get in and sit underwater -1 handle waiting for the big move. I certainly don’t enjoy that.

When swing trading CL, getting an entry from a Major Level in Jacobs Ladders system helps to get the risk out of the trade and keep a profit runner rather than entering at random places and nervously staying under water on your trade.

The levels also shows when the entry is wrong if price continues to blow past the level in opposite direction of the trade. It helps to exit the trade and try at better price.

Most recent example: High from Tue May 22 at 72.89. It was precisely from level High as chart shows below.

CL now is expected to bounce per several swing trader analysts. But from where?  I am absolutely certain a long entry also will come from another Jacobs ladders major Level.

So when looking for long entries for a swing from a price area you have in mind, you could use the daily major levels as anchor for a precision entry .They are price points that are highly likely to get the risk out from entry. If that is the turning point, keep the runner. If you get stopped, you may get a better price point.

How I overcame a nasty money losing habit with this simple rule

On Tuesday May 22, I tried a Long Level Low set up on CL. Going long Level Low is a golden set up with 85% or more chance of making money or getting escape hatch so if am trading and I see this, I will always take it. However this time trade did not work and I got stopped out because price dipped below Low 2 before giving me a 20 tics bounce.

See chart

What do I do now?

Before I developed the Jacobs Ladders system for my personal trading, I had three major bad habits that systematically made my lose everything that I made.

This used to be one of them. I will park the other two bad habits for another post.  The old me would second guess my stop because I hated being stopped. I would see CL bounce a bit. So I will reenter the trade at a worse price than my stop thinking, “It is bouncing. Price will drop again and I will take a bigger stop.” And so on…

There are numerous occasions where I would give up my weekly gain on a stupid stop by trying to re-enter the same set up again and again.

But now  I have a solid rule. If I am stopped, NEVER attempt the same set up again — Just wait for another set up.

Guess what? On Wednesday, after the oil inventory report, I got an excellent Level Low 2 set up to buy and after that a short set up. I made up four times my stop.

Also note Jacobs Ladders gives the set up on multiple instruments. So it is highly likely I get my loss made back and more the same day.

The key point with Jacobs Ladders system is that it is really focused on “High likelihood of getting risk out or getting the money back via an escape hatch”. Because of this principle, 80%+ set ups succeed on any given day. i.e either make money or get money back. When it completely fails, loss is predefined and I know there is always another set up coming.

All I have to do is wait.

I posted hundreds of Jacobs Ladder chart examples on twitter.   I meticulously posted everything single trade that could have taken on ES based on Sample Trading Strategy for past three weeks.  The success rate rate of set ups was 90%  i.e. make money or get money back.

Example 2 NQ May 24 Thu 2018

Here is another example.

I do not trade NQ. I use it as clue to my ES trades. So this did not happen to me today but this is a perfect example to illustrate how I overcame a very bad trading habit of mine.

If I were trading NQ I would have gone long NQ Premarket Low first test. And I would have stopped out when it dropped below Level Low 1.

As a text book rule, Low 2 became support and would have given the opportunity to offset the original loss.

If I held original long, I would have missed out on a better entry from below.

The next Premarket EX Low1/RTH LOw area gave fantastic long opportunity.

Hope this helps.

 

 

 

Daily Goal Easily Met! – ES Futures on Jacobs Ladders today

Key Points
– ES top was exactly from Premarket High 2 right after open. Shows importance of Premarket levels
– ES Level Low gave nice day maker bounces
– Level OPG gave a great tradable short
– Level Low 2 gave escape hatch
– Level Extreme Low 1 have a 6 handle bounce

All these set ups gave multiple opportunities to make the daily goal of capturing a 4 handle move.

All set ups as per predefined Sample Trading Strategy
Once again, it shows how day trading with a predefined price levels and entry strategy makes trading a mechanical process.
There is no second guessing of entries needed.

Weekly Rewind May 14th: Sample Trading Strategy 10% Goal Met

This blog series objectively analyzes the performance of the Jacobs Ladders  Sample Trading Strategy on a weekly basis.

First, the disclaimer. By using Jacobs Ladders or the sample educational strategy, you acknowledge the disclaimer

May 14th 2018 Weekly Summary – Sample Trading Strategy

 

 

 

 

 

 

 

Note: This result is just from the Indices. If set ups from Crude Futures, 6E, ZB , GC, HG are added, the return would be multiples of this. Crude futures alone made more than ES return this week. 

Week 3 Cumulative Result

Total Tradable Set Ups 89
Week # since start April 30th 2018 3
Successful Set Ups 82
Failed Set Ups 7
Total Handles Run Up from Tradable Set Ups 483.5
Three Weeks Return on Margin capital 30%
Strategy Goal Achieved

Performance Objective

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

System routinely exceeds this goal. Excess returns are 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.

Daily Trade Set Up Details – ES Emini Futures

ES Emini Futures  May 14 Monday

 

Trade Set ups Results

ES Emini Futures May 15 Tuesday

Trade Set Ups Results

ES Emini Futures May 16 Wednesday

Trade Set Up Results


ES Emini Futures May 17 Thursday

 

Trade Set up results

ES Emini Futures May 18 Friday

Trade Set Up Results

 

A 2% day example using Sample Trading Strategy

The goal of Sample Trading Strategy is to make 2% profit a day using $10k per contract margin.

Here is an example

I went long 2 CL units at level Low @ 71.15.
Took one off for 20 tics
Second at 71.49  expecting OPG which is res set up.

27 tics average on whole position, which is 2.7% on a margin capital of $10k per  contract.
Example of 2% Sample Trading Strategy.

 

There were two more such set ups today on ES enabling a trader to exceeds 2% goal which is routine in Jacobs Ladders system

Jacobs Ladders Weekly Rewind May 7th

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.

Total Tradable Set Ups 25
Successful Set Ups 23
Failed Set Ups 2
Net Draw Up Handles Against Tradable Set Ups 131
Weekly Handles Goal 20 ES handles or Equivalent
Weekly Return on Margin Capital Goal 10%
Weekly Goal Status Achieved

Note this result is just from Indices. If you add Crude Futures, 6E, ZB , GC, HG etc, the return would be multiples of this. Crude futures alone made more than ES return this week. 

ES Emini Futures

ES Emini Futures  May 7 Monday

 

Trade Set ups Results

 

ES Emini Futures May 8 Tuesday

Trade Set Ups Results

ES Emini Futures May 9 Wednesday

Trade Set Up Results


ES Emini Futures May 10 Thursday

Trade Set up results

ES Emini Futures May 11 Friday

Trade Set Up Results