Best ES Trade Setups: Battle Plan #312
Battle Plan
Where To Go Long... Where To Go Short.
TODAY'S REVIEW: ES FUTURES
NVDA
NVDA did not provide the 100+ point candle spark that it was expected to make.
Therefore, no Battle Plan trades activated... as they were further away.
Thus, we relied on Core Strategy and our 1,010+ (Yes, One Thousand and Ten) Zoom sessions looking for high-probability trades... live... as the candles develop in realtime.
How We Traded MES Micros Today
See the recap video above.
As outlined in the video above, while editing the video, I went long at 52 on the breakout/restest.
You see, in the morning Zoom session, we outlined… several times… that IF price ripped above the range, that the back test of the range was a long, ultimately targeting 70 to 79.
Of course, the breakout occurred during the New York lunch break… Sometimes trades happen when you aren't at the charts.
Luckily, I was editing the review video while monitoring Discord.
I caught the trade when I saw Scott post about taking the IB High — Thanks Scott!
Immediately, I launched my trading platform and reminded the group of the targets we outlined this morning on Zoom.
Unfortunately, I only captured five points because it double-tapped the Strong Level before reaching the target. Sometimes that happens.
Once we hit the target, I eyed a short against the next Strong Level... as illustrated below.
This trade was extremely counter with two MES Micros… using some of the points accumulated from this morning... I was surgical in my entry and stop placement.
Worst-case scenario: green day was still ensured! That is KEY and cannot be overstated.
I wasn't flipping green to red for a counter trade - no sir Re Bob.
I knew exactly where to engage, exactly what the stop loss needed to be, and took the trade.
After a nice move down, I set my stops, closed the platform, and started writing today's review section of the Battle Plan.
Even if price comes back and gets me out of both entries, I'm totally cool with that. When you're a counter, you have to expect that.
MES Stops Adjusted
Price moved down nicely - Thank you Mr. Market!
Platform reopened.
Adjusted stops.
Locked 30 points...and... Locked10 points.
DOM closed.
While my DOM was closed... MES took my 30-pointer. Not too shabby.
Micros can pay!
Note: if you were dealing with intraday trailing drawdown, you would move the stops just above the 7,450 Strong Level. Capturing 35 points per contract.
Strong Levels for ES Emini
Look how beautiful these Strong Levels performed on the ES today!
The longer you trade our system, the more you will enjoy these Strong Levels.
These levels are simply the most important levels for this week's trading... according to little ole me.
Tip of the Day
Four Day Weekend
Skip Friday and take a four-day weekend.
Seriously, time away from the charts is refreshing… and needed.
Every trader needs a reboot... from time to time.
This is a good one to take.
Scoreboard
Points Accumulated This Week
Battle Plan: 70+
Zoom: 80+
Core Strategy: 30 (BS Base long for 17. FS FVG for scratch.)
ECONOMIC CALENDAR
FRIDAY
MONDAY
View The Trade Setups




Comments
Post a Comment