Posts

One full loser and a 130 pointer.

Image
MES MICROS BEST TRADE SETUPS Battle Plan Where To Go Long... Where To Go Short. Today's Review OVERVIEW Your browser does not support the audio element. FULL STOP LOSER I drafted it. I KNEW it was extremely counter. I decided... this was a ONE TRADE type of day. Initially, I planned to go short at 7511 but decided to take an even greedier entry at 7513. Why - what the video above! I set my stop at 7519. ( Always enter with a stop!) I placed my bet, had a conversation with myself if this was a counter trade I really wanted to take... and then "mentally walked away." I closed my platform ad waited. And waited. Order filled.  I was up 2 points, then break even.  I certainly asked myself if I should take the gift of break-even here, but I chose to let the cards fall as they may.  And they fell alright.  Full loser. Oh well… a full six point loser. I sized small. I never made things worse. I waited for my e...

MES Trade Setups

Image
MES MICROS BEST TRADE SETUPS Battle Plan Where To Go Long... Where To Go Short. Today's Review OVERVIEW Not too shabby! Well placed Battle Plan trade ideas.  Battle Plan 1️⃣  Battle Plan 1️⃣ offered a few overnight Opportunities to be short at the arriving at the target .  In last night's Battle Plan note, I wrote: Hold a runner, just in case we can challenge the Bull Bear Strong Level line down at 7,350.  We got within 12 point of the ultimate target.  Battle Plan 2️⃣  We called Battle Plan 2️⃣ entry and exit while live on Zoom and YouTube for a 10 pointer. We outlined the entry and the target profit targets... Capturing 10 points per contract for the lead contracts.   See the video above. For those who took the trade, I recommended taking your profit and calling it the day.  If you did the three contract system, we discussed taking two off at ten points each and holding a single runner "...

5 Great MES Trade Setups

Image
MES MICROS BEST TRADE SETUPS Battle Plan Where To Go Long... Where To Go Short. Today's Review OVERVIEW Beautiful mappings Great mappings... but... challenging entries! nice strong levels Ping ponging Strong Levels today.  Edit TIP OF THE DAY Shorting when the BULLS control.... requires EXTREME patience and ruthless risk management with a built up tolerance for a low win rate... tough trade for sure.  It can be very frustrating and has the potential to really damage your psychology.  One never 'has' to short ES to be a GREAT ES trader.  Short sparingly and perfectly ... monitoring your emotional temperature. Yank yourself off the trading floor immediately when you feel an increase in negative emotions.  QUOTE OF THE DAY Let the setup come to you — not the other way around. TRADE OF THE DAY BATTLE PLAN sa Super nice mappings. See the very first chart in today's review, posted above.  BUT... entries ...