TRADE SETUPS RELEASED TO MEMBERS PRIOR TO THE DAY’S OPEN –

ALL TIMES NOTED ARE EASTERN TIME ZONE

Trading with  THE HTF OTHER TIME FRAME SERVICE WORKS– EVERY TRADER can use it to drive profits, and signing up HERE will give you a discount!

CONSIDERATIONS FOR AUG 8, 2017

RECAP

  • CANDLE TIMES NOTED FOR POSITIVE OR FAILED RETESTS ARE IN REFERENCE TO THE 30MIN TIME FRAME
  • MOMENTUM SHIFTS NEGATIVE AND WORSENS INTO EVENING NEWS
  • RANGES EXPANDED UPWARD ONLY TO COLLAPSE 
  • TRADES BROKE OUT OR DOWN AT THE SAME TIME ACROSS INSTRUMENTS
  • SUPPORTS FAIL AS CHARTS RETRACE SEVEN DAYS OF GRINDING UPSIDE MOTION
  • SETS UP A BEARISH UNDERCURRENT AND A FADE INTO DEEPER SUPPORT TESTS FOR TOMORROW

TRADE SETUPS

***E-mini S&P Futures*** 

TOTAL NUMBER OF TRADES TRIGGERED: 2

TOTAL TICKS POSSIBLE FROM TRIGGERS BELOW: 61

61 TICKS AT $12.5 PER TICK YIELDS POTENTIAL $762.50 PER CONTRACT

***Upside trades – 

  • Positive retest of continuation level -2477.5 (POSITIVE RETEST OCCURRED AT 10:30AM)
  • Positive retest of support level– 2473  (NO POSITIVE RETESTS OCCURRED DURING REGULAR TRADING HOURS)
  • Opening targets ranges-  2474.75, 2476.5, 2477.5, 2478.5, 2479.5, 2481.5, 2483.5, 2488.5….

***Downside trades –

  • Failed retest of resistance level -2472.25 (FAILED RETEST OCCURRED AT 3:30PM)
  • Failed retest of support level– 2470.5 (NO FAILED RETESTS OCCURRED DURING REGULAR TRADING HOURS – USING OUR 30MIN TIME FRAME)
  • Opening target ranges– 2469.25, 2468

TRADE SETUPS

***NASDAQ Futures***

TOTAL NUMBER OF TRADES TRIGGERED: 5

TOTAL TICKS POSSIBLE FROM TRIGGERS BELOW: 437

437 TICKS AT $5 PER TICK YIELDS POTENTIAL $2185 PER CONTRACT

***Upside trades – 

  • Positive retest of continuation level -5921.75 (POSITIVE RETEST OCCURRED AT 10AM)
  • Positive retest of support level– 5913.25 (POSITIVE RETEST OCCURRED AT 9:30AM AND 3:30PM)
  • Opening target ranges  – 5916.5, 5921.25, 5925.75, 5929.75, 5933, 5936, 5942.25, 5946.5, 5951.5, 5954.5, 5958.25, 5961.25……

***Downside trades-

  • Failed retest of resistance level -5924.75  (FAILED RETEST OCCURRED AT 3:30PM)
  • Failed retest of support level– 5920  (FAILED RETEST OCCURRED AT 3:30PM)
  • Opening target ranges – 5921.5, 5917.5, 5913.25, 5911.5….

TRADE SETUPS

***Mini DJIA Futures***

TOTAL NUMBER OF TRADES TRIGGERED: 2

TOTAL TICKS POSSIBLE FROM TRIGGERS BELOW: 66

66 TICKS AT $5 PER TICK YIELDS POTENTIAL $330 PER CONTRACT

***Upside trades –

  • Positive retest of continuation level -22070 (POSITIVE RETEST OCCURRED AT 10AM)
  • Positive retest of support level– 22023  (NO POSITIVE RETEST OCCURRED DURING REGULAR TRADING HOURS)
  • Opening targets ranges- 22036, 22050, 22063, 22070, 22080, 22094, 22111…

***Downside trades – 

  • Failed retest of resistance level -22044  (FAILED RETEST OCCURRED AT 3:30PM)
  • Failed retest of support level– 22018 (NO FAILED RETESTS OCCURRED DURING REGULAR TRADING HOURS – USING OUR 30MIN TIME FRAME)
  • Opening target ranges –  22030, 22025, 22019

TRADE SETUPS

***Oil –WTI Crude***

TOTAL NUMBER OF TRADES TRIGGERED: 6

TOTAL TICKS POSSIBLE FROM TRIGGERS BELOW: 108

108 TICKS AT $10 PER TICK YIELDS POTENTIAL $1080 PER CONTRACT

***Upside trades – NOTICE THAT AT THE 10AM CANDLESTICK BOTH LONG AND SHORT TRADES COULD HAVE BEEN ENTERED AND HELD TO TARGETS SUCCESSFULLY

  • Positive retest of continuation level -49.61 (NO POSITIVE RETESTS OCCURRED DURING REGULAR TRADING HOURS – USING OUR 30MIN TIME FRAME)
  • Positive retest of support level– 49.16 (POSITIVE RETEST OCCURRED AT 10AM)
  • Opening target ranges –   49.21, 49.31, 49.44, 49.59

***Downside trades- 

  • Failed retest of resistance level -49.17 (FAILED RETEST OCCURRED AT 10AM, 12:30PM, 1:30PM, AND 2PM – VERY CHOPPY FORMATION – REQUIRED IMMEDIATE COLLECTION AT 1ST AND SECOND TARGETS AND A WIDER STOP)
  • Failed retest of support level– 49.01 (FAILED RETEST OCCURRED AT 2:30PM BUT THIS WOULD HAVE BEE A TRADE THAT WOULD NOT HAVE GONE TO TARGET BEFORE THE CLOSE- RESULTING IN -.08)
  • Opening target ranges– 49.05, 48.88….