5 Great MES Trade Setups
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 were difficult.
If you were Johnny on the spot on the one-minute chart, you could have taken Battle Plan 2️⃣ long for seven points total.
I know traders who took that trade but were not able to hold on for the long run today because of the deep pullback around midnight.
Oh well... There are more high-probability trades around the corner.
I'm going to award a measly 5 points for this Battle Plan trade.
ZOOM
We discussed on EARLY short that resulted in a break even if you took it. We clearly outlined the risk ("potential first ladder short", the location, and when to take the break even.
I outlined two additional spots to short. One was up 20 points. The other 15 points... for the brave.
CORE STRATEGY: RTH ONLY (For Full Members)
One FS FVG Short... counter. Full 4-point loser! We discussed this live. Pleased to see the group skipped this entry.
Another FS FVG short for 20+ points. This was a second ladder short - patience pays.
SCOREBOARD
Accumulated Points THIS Week
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
CPI tomorrow.
Expect VERY little overnight - I will hardly watch.
Trump travels to China late Tuesday (we do not know exactly) but his state visit is confirmed for May 13-15.
Fed chair vote tomorrow as well.
An interesting day is ensured.
Low probability.
Our trade location just screams low-probability trading.
Be careful, trade small, be ruthless.
Warning
If we start vomiting, STAND DOWN.
Do not predict the turn around level.
Price often rips through MULTIPLE levels it would 'normally' bounce at.
Move your eyeballs to the 5th, 6th, and 7th strong level from the point of the vomit. That is often a good target to wait for a possible turn around trade or a great exit if short.
We have NOT had a down day in a while. It would be massive when it happens. Caution.
ES PRICE MAP
Battle Plan Notes:
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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