Jays Momentum Setup With Bar Count
Jays Momentum Setup With Bar Count
game. Every time someone wins then someone has to lose. I have shown that to all my members
with my Top 3 Setups where the Risk to Reward is off the charts and now I introduce my top
momentum setup. Four setups that are the pulse of the market. The key word is Symmetry. I teach
you how to trade it everyday in all markets. If you know the symmetry of the market then your
trading goals will reach new levels. Symmetry in the market is really easy to see. Is the market that
you are trading setting higher lows(up trend) or lower highs(downtrend). My automated dots that
we sell to our members for Ninja and Tradestation do just that. All major tops and all major
bottoms all have one thing in common. Major tops will always have a lower high in price action
and bottoms will have a higher low in price action. That is the symmetry of the market. If the
market is going to continue the up or down move then it must continue to show you as a trader
that it will not break the symmetry that it is in. In other words, if the market is in a hard up trend,
meaning settting higher lows, then it must continue to keep setting higher lows or its tipping its
hand that a trend change is in place. If you take anything from this PDF then please remember if
you know the symmetry in any market that you trade then you know more than 90% of the traders
that are trading against you. Let's take a look at symmetry real quick then move on to my top
momentum setup.
Ok! Let's take a look at the British Pound chart below. You will notice that I have cyan dots and
purple dots on the charts. These are the symmetry dots that I sell to Tradestation and Ninja users
and these dots are automatically updated in my live trading room that shows all my charts live on
your own computer around the world on the Euro and British Pound. You will notice that I had a
#1 buy setup at my institutional level and the market kept setting higher lows with my cyan dots
and the setup moves over 90 ticks with no heat. This is symmetry. The market kept setting higher
lows and it never closed below my cyan dots all the way to my next institutional number.
Before I go any further. This PDF is about my top momentum setup in my live day trading room.
If you would like to know about my other Top 3 Setups like this British Pound example then please
visit www.daytradingthefutures.com and click on the Top 3 Setups tab at the top. You will find I
have specific trading rules for entry, exit and trailing stops when you view my live day trading
screens. You will find tons of recent trades with the rules on my 1 2 3 setups. Let's get to my
momentum setup right now and remember go to that tab to view my other 3 top setups. This is a
momentum setup where price action moves immediately and the stops are real tight. Let's get
started. Once again, please review my website for my other top 3 setups. Let's start with Symmetry
again. Please take a look below at my automated indicator.
You can clearly see that after the breakout of my symmetry dots that prices trailed the red dots
all the way up until the breakdown of symmetry then the market falls hard. My momentum setup
has very defined rules.
1. ONLY take longs if the lower dots(red dots in this example) are setting higher lows from the
previous red dots and ONLY take shorts if the upper dots are setting lower highs(blue dots in this
example). Momentum is created when the first higher low or lower high from a major top or
bottom has occured. My 5 minute chart in the trading room with my divergence indicator will
show you the big picture when a trend change is happening. Also, you will not look to enter a
momentum trade unless the dots have a higher low for buys or lower high for shorts while viewing
my screens on the 1 minute chart. Remember, symmetry is always first for a momentum setup. Let
me put a marked chart up first then I'll show you examples and go over DEFINED RULES.
Let's break down the chart in my live day trading room. Symmetry dots are cyan and purple.
Higher lows in cyan=buy bias. Lower highs in purple dots=sell bias. Both act as support/resistance
until whole candle closed below/above. Notice the number count at the bottom of the chart. With
those numbers you will see a 40 line and 60 line. These lines and numbers with symmetry will be
your key to success with my momentum setup. It takes all three to make the setup work with my
momentum dot to enter. (I will go over how we use two candles stick formations in the room to
time the trade before it happens).
1. Symmetry
2. 40-60 Line
3. Number Count
4. Momentum Dot(Green to buy/Magenta to Short)
Notice how I put them in order!!!!!!!!!!!!!!!!!!!!!!!!!!!! Very important.
Notice, symmetry up meaning higher lows on cyan. 9 buys right on 60% line with green dot. No
heat huge moves. Next!
Textbook! 9 Sell below 40% indicating major weakness and symmetry dots setting lower highs.
Enter with Magenta sell dot. Stop 1 tick above swing high before dot.
Look below how the 5min 40-60 works.
Thank you everyone! If you have any questions on the indicator that I sell or the live trading room
then please email me at [email protected] or reach my partner Jerel at
[email protected] for a spot in our 3 day free trial in our live day trading room.
Thanks again
Jay/Room Moderator/Master Trader