ES Trade Setups for Tuesday
OVERVIEW
2 Longs & 1 Short
Three Battle Plans paid!
Two Longs.
One Short.
Once again, we were looking for the right trades and the right trade location... The entire purpose of the Battle Plan fulfilled.
Last night, the Battle Plan 2️⃣ & Battle Plan 3️⃣ provided a couple of opportunities to be long. I captured 30-points.
Then during the RTH session… right after we ended the YouTube stream… we got a beautiful short off the apex of Battle Plan 1️⃣.
In fact, I took the Battle Plan 1️⃣ short twice. Capturing ten points each time.
All Battle Plan price maps hit their target.
I performed a 🎩 "Hat Trick" today… three independent trades that captured 10 points or more each. A total of 50 points today.
Tuesday Livestream
🌙 OVERNIGHT
🔥 Battle Plan 2️⃣ and Battle Plan 3️⃣ offered opportunities.
Had one kept a single runner back 30 to 50 to 60 points, is not unreasonable.
Here is a screenshot from last night.
Price ultimately reached Battle Plan 2️⃣ target for a nearly 70 point run!
☀️ RTH
The only trade to present itself was the apex of Battle Plan 1️⃣ .
Battle Plan 1️⃣ had a beautiful reversal down, reaching the target and bouncing.
TIP OF THE DAY
For today's "Tip of the Day", I'm gonna quote one of my members.
Steve wrote, "Two emotions will cost you more money than any bad trade will: Fear & Greed Master both and you've solved 80% of your trading problems."
QUOTE OF THE DAY
We suffer more in imagination than in reality. — Seneca
TRADE OF THE DAY
BATTLE PLAN
🔥 Battle Plan 3️⃣ reached target and beyond!
➡️Depending on your entry and ability to hold a single runner, you could have captured 30 to 80 points.
🔥 Battle Plan 2️⃣ reached target
150 points total if you could have gotten entry on all three and took profit at the completed mapping.
I am going to award 50% of those points for the Scoreboard below. When in doubt, I like to use 50% of the move as a baseline.
ZOOM
🔥Battle Plan 1️⃣ for a 10-30 pointer depending on management.
CORE STRATEGY: (For Full Members)
Do your EOD chart!
A couple of break level longs that paid handsomely, but you had big wicks and stop losses that might have been a little too far. There was a front side long against the Strong Level and a front side short that paid too.
I would have only taken the front side long against the Strong Level that ran 20 points or so.
SCOREBOARD
Accumulated Points LAST Week
📰 NEWS DRIVER:Free Access
| Time (ET) | Event |
|---|---|
| 8:15 AM | ADP Payrolls |
| 8:30 AM | Durable Goods |
| 11:00 AM | Inflation Expectations |
Educational Purposes Only: Not Financial Advice
I'm not a financial advisor (never played one on TV either). These trade ideas are educational training tools showing where price may react... nothing more. Always wait for your own confirmation before executing. These levels represent one trader's analysis, not personalized trading advice.
The Battle Plan:
OVERVIEW
4% day
The IB High and IB Low stayed intact the entire day.
This only happens on 4% of the trading days.
A rare day indeed.
BIG MOVE INBOUND.
Thus, I will be sitting back looking for a deeper trade than one near by - you do you!
PING PONG & Pressure Cookers
The chart looks like it was playing ping pong with our Strong Levels today.
Another consolidation day in the upper distribution of that monster short covering rally last Tuesday - Thursday.
The pressure cooker is building pressure.
Price has been here for... basically... six sessions... counting Asia and London as sessions each... of sideways pressure building consolidation.
We will explode from this tight range.
Humpty Dumpty... which way does it fall?
In this environment, if you can hold a runner, you want to hold a runner, because if it breaks your direction... a glorious payday.
Trump & Iran
This is the WILD CARD!
Be careful out there.
A 200+ point candle can happen at ANY moment - what a time to be trading.
⚠️ The risk of a violent — slap-yo-mama-in-the-face — liquidation break is high. If that happens, no knife catches. If you decide to catch a knife while we're vomiting down, please fill out a support ticket. I'll grab a group of guys, we'll come pick you up in a van, and take you down by the river for a calm discussion. This only applies to men — because women would never ever do that.
Trend line close-up.
I have shared the zoomed-out version of this for days and days.
Have we finally broken this trend line?
Well.... we certainly can't seem to get any extension above it, but we did push above it and re-test it three times.
One could certainly use this trend line as a Bull Bear Strong Level line.
ES PRICE MAP
Battle Plan Notes:
SPECULATOR'S SPECIAL
6490.50 Long. Risky. Place your stop a comfortable distance away from the entry. Be a professional risk manager here! Not financial advice. And remember the name… Speculator’s Special.
These trade ideas highlight likely "reaction zones" and are for educational purposes only. I am not a financial advisor, nor have I ever played one on TV. Nothing here should be taken as personalized trading advice. Always trade based on your own confirmation — these trade ideas simply one trader's opinion - they are just "trade ideas".
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