Best SwingArm Trading – Comments by Jose 4/20/2023

SwingArm trading training provided by Jose Azcarate.

European Session

European Session swingarm

Down 40 points from entry at 4187.

43 points range SwingArm Trading

4136 Wave 30 Minutes Target Potential

If 2 Hr breaks with the news. A two-hour timeframe may result in a rebound, however, the regular price movement can be altered by any news updates.

Today’s market news did not create any significant impact and the trend remains unchanged. The three indices are currently experiencing a high-pressure swingarm pushing down with the 15-minute swingarm against 2hr supports. ES and NQ are positioned in zone 4 of the 2-hour timeframe, which should result in a rebound. Currently, the one-minute timeframe indicates the emergence of buyers for both ES and NQ. From a technical standpoint, there are reasons to see a price bounce from this level to retest the resistances, and we might see this occur after the opening.

The 3 Indices after the news – SwingArm Trading

The 3 Indices after the news. SwingArm Trading

Notice ES and NQ at 2-Hour SwingArm Support. RUT has a bullish support box. RUT did confirm the 2Hr Broken down.

  • Can someone provide me with the pre-market trade setup? Please post comments with your answer.
  • Where to buy/sell/do nothing? and why.
  • Where should I place stops if any
  • Also, let me know what happens if the setup fails. what to do?
ES and NQ at 2-Hour SwingArm Trading
ES and NQ at 2-Hour SwingArm 2
pre open bullish setup
swingarm training by Jose azcarate

Remember this?

The purpose of a trading system is to ensure that all traders, once properly educated, are able to observe the same information as their peers. However, if a trader fails to put in the effort to study, it is unrealistic to expect them to make a profit. Furthermore, lacking knowledge and a stable mindset can result in catastrophic consequences for one’s financial well-being and mental state. Traders must be dedicated to continuous learning, as it is a process that requires long-term commitment rather than instant gratification. While it would be desirable for it to be a quick and effortless process, unfortunately, that is not the case.

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The surge of the pump-and-dump trend in the markets attracted millions of COVID-era traders. Unfortunately, many of these traders suffered significant losses while the individuals responsible for orchestrating the pump and dump scheme are now facing up to 25 years in jail. More information can be found at this link:

Illustration of the Optimal Entry – Bullish Box RUT 2000

Illustration of the Optimal Entry - Bullish Box RUT 2000
Illustration of the Optimal Entry - Bullish Box RUT 2000 2
Illustration of the Optimal Entry - Bullish Box RUT 2000 3
Illustration of the Optimal Entry - Bullish Box RUT 2000 4

At present, NQ is focused on the High-Pressure Sell Zones in the 1-hour Swingarm, while RUT is targeting both the 1-hour and potentially the 2-hour zones. ES, on the other hand, is currently dealing with the 15-minute zones but may break out in due course to test the 1-hour zones above. Please note that these observations do not constitute trading advice and should not be considered as such. Any trading decisions should be made based on thorough analysis and personal judgment, taking into account individual risk tolerance and financial circumstances.

ES500 Futures swingarm
ES500 Futures

TOS / ThinkOrSwim View | SwingArm Trading

TOS / ThinkOrSwim View

Traders can only comprehend the entry points by comprehensively examining the chart prior to the market opening. To fully grasp the intricacies of price movement, it is recommended to analyze the charts in sequential order, from left to right, starting with the 2-day timeframe, followed by the 1-hour, 30-minute, 15-minute High Pressure, and finally, the 1-minute timeframe.

As price flows from one timeframe to another, studying the swingarm drawing can provide live insights into the effects of price action. Please note that this explanation is for informational purposes only and should not be considered trading advice. It is important for traders to conduct their own analysis and make informed decisions based on their individual circumstances and risk tolerance.

Comment down your views about this information after this blog post. Visit the below-given posts to learn more about SwingArm Trading.

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