5 Best ES Trades
Battle Plan
Where To Go Long... Where To Go Short.
DON'T MISS THESE
TODAY'S REVIEW: ES FUTURES
Battle Plan 2️⃣
Although I expected us to open a little lower, price finally got into Battle Plan 2️⃣ drop zone.
Battle Plan 2️⃣ offered a long (a couple times in fact) and a short per the notes. You did read the notes, right?
The notes contained this possible scenario, "Although I did not map it, if we lose the Bull Bear Strong Level line and/or the Strong Range, that could present a possible short opportunity. I don't like chasing shorts personally, so that's why I did not map it."
The first long only went 8 points last night... but 8 points is 8 points... as pointed out in the AM Briefing - Time-Stamped Link.
And... then... the short went 30 points.
Congrats to the longs and shorts - we all made money!
The London session offered a couple more entries long per Battle Plan 2️⃣ as well - with one of them reaching the outlined target. See the chart below.
🔥 47-Point Long!
How many of those a week do you need?
And... congrats to Scott for taking this trade and hitting his daily profit target!
ZOOM: Green Over Greed
On Zoom, we called one 10+ point long — live on Zoom and YouTube.
Laxmi crushed the long... a Battle Plan member.
🔥 25 points! See Laxmi's Zoom comments below.
Nice trading Laxmi.
What did Laxmi mean by, "Really needed to hear that." I recommended to shut down the trading platform and be done.
It is my goal to keep you on the right side of price action and to constantly remind you of solid trading principles.
This principle was... Green Over Greed.
BULL BEAR LINE
The Bull Bear Strong Level performed very very well.
Tapping from above and below.
Quite the TUG-OF-WAR battle on the Bull Bear Strong Level.
This could possibly be the most important level of the week - we shall see.
The Bull Bear Strong Level offered the Battle Plan 2️⃣ long and short discussed above!
What a level today!
Don't Miss These
If you are a Substack reader... the Battle Plan is now on Substack.
Tip of the Day
INSTA-CANDLES
Today was characterized by erratic eight-plus point candles out of nowhere... as discussed on Zoom and YouTube.
If you don't like the price action, close everything down and come back tomorrow.
Think of it like dating... you get a new date every single day of the week.
If today wasn't your type... tomorrow is a brand new date.
Each of us has preferences for the kind of price action we enjoy trading.
Trade the days that agree with you.
P.S. Are you shocked we got a 35-point candle out of nowhere? Nope... That's the environment today. We were getting very close to Battle Plan 3️⃣ , so I had my DOM open... Needless to say, it got closed after that candle.
Scoreboard
Points Accumulated This Week.
Battle Plan: 60
Zoom: 10+
Core Strategy: 20+ (BS Short and BS long)
ECONOMIC CALENDAR
TUESDAY
WEDNESDAY
THE BATTLE PLAN: BEST ES/MES SETUPS
Change in Tone?
On Sunday, the header for this section was "Change in Tone?".
I kept it here for today as well.
As objectively as possible, we made a lower high and a lower low.
Although it was the ugliest ladder down I've seen in a long time.
This was not the vomit day we desperately need. IMHO.
That said... we basically didn't go anywhere. Therefore, the Battle Plan received little modification.
Bulls continue to control!
And the power of a Trump tweet cannot be overstated.
ES PRICE MAP
Battle Plan Notes
- Possible short idea: this would take Mondays high and Fridays high and then get back under Strong Levels. Bulls control, so shorts are counter small if at all.
- Does the Bull Bear Strong Level have one more trade? It was fairly beaten up all day today. I would require snappy ladder back price action, or I would trade the apex of Battle Plan 2️⃣ with a small stop. If we take out the RTH low today, I really want it to push down into Battle Plan 3️⃣.
- Based on today's price action, if we get down to Battle Plan 3️⃣ and it is not a snappy ladderback price action, stand back and look at a deeper Battle Plan trade. If we lose the Bull Bear Strong Level line hard, it could be a really strong sell.
- Preferred Trade: This is nearly a 100-point move to get down to Battle Plan 4️⃣, with two possible entries provided. See your Battle Plan indicator for Battle Plan 4️⃣ .
- Expected Range long down in the 7,300 area.
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.
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