How To Trade 1 MES Micro (Map Out Your Trades)
Opening Thoughts and Stop Adjustment
When we opened, it wouldn't be shocking to see us come back to this area, work it out, get a move up, and hopefully reattempt the level. I think I'm going to be prudent here—I'll go ahead and move my stop to lock in 40 ticks. I meant to lock in 40, and I'm removing the other stop that was way down below. At this point, that feels like the prudent move.
Strong Range and Risk Management
Now, I do have this strong range here. The bottom of that is at 95, and I’m okay with that. That works out. Alright, so now it's moved into that area.
As I said in the AM briefing this morning, I placed my stop behind this level, and luckily, six points from that, I locked in my 10-pointer, so I was happy with that result.
Short Setup Zones
Now, if you're looking for a short, there are two spots to consider: the overnight high ladder back is one of them. The market did exactly what I outlined in the AM briefing—if we got the grab and pushed up to hit the new week opening gap high, I would move my stop. Now I’m sitting under the opening value area low, inside a small but strong range, and that’s my current positioning.
Near Stop-Out and Market Observations
It’s almost stopping me out. Just to show you, today's opening and Sunday’s opening are basically at the same price. Maybe we’ll see some good defense there. But if I get taken out—back to the drawing board. We’ll look for something fresh.
Screenshot and Recap
Let me go ahead and take a screenshot here. I’ll move this over—I’ve got it set so when I tap the DOM, it captures the screen for me in the format I like. And... out. Yay!
Back to Strategy
Alright, back to the drawing board. If price comes back up into this strong level, could you take a short? Yes. Where’s your stop? Just above the opening.
We weren’t looking for shorts at all until the market gave us reason to consider them. I think I’ll use two points of the 10 points I just made to initiate a first ladder long against the strong level.
Long Attempt and Intentions
Because the market is doing what I was hoping it would do at the open. I would have kept my stop down lower, expecting this to be a bit of a trap—the trader gets caught short and then the market goes on to make new highs. So I’m taking a small long against the strong area. I took a small long in my cash account.
Trade Management Philosophy
Heat, heat. One of the reasons going to the grocery store is one of our top trade management systems: you don’t have to watch all the little gyrations. You just set your stop based on structure and move on.
TRADER FAQ
Q: What triggered the stop adjustment during the session?
A: The trader adjusted the stop to lock in 40 ticks after seeing the price react near a strong range bottom, aligning with the morning plan.
Q: Why consider a short only after initial long attempts?
A: The trader only looked for shorts after the market gave structural reasons, like price failure near the overnight high and opening gap level.
Q: What is the "grocery store" method in trade management?
A: It refers to setting a structured stop and stepping away from the screen, avoiding overreaction to short-term price movements.
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