ES & MES Futures Trade Plan #347
Battle Plan
Where To Go Long... Where To Go Short.
ES & MES FUTURES TRADE PLAN #347
TODAY'S REVIEW: ES FUTURES
Overview
Battle Plan 2️⃣, Battle Plan 3️⃣, and Battle Plan 4️⃣ all offered 10+ point moves since the Sunday Battle Plan was released.
Follow-through was the hard part today - "No Follow-Through July".
Battle Plan 2️⃣ - ES Long Setup
Battle Plan 2️⃣ was the first trade to activate last night.
🔥 Battle Plan 2️⃣ up 20-points using the 3-Contract System.
The first move offered 8.5 points long — and if you held a lotto runner through the negative position, a 20-point move was yours for the taking on the Asia opening. Reference the AM Briefing this morning for the discussion on runner management suggestions for this trade.
Battle Plan 3️⃣ - ES "Bottom of the Range" Long
🔥 Battle Plan 3️⃣ for 30-pointer.
Range Rules Rule!
Around 2 a.m., Battle Plan 3️⃣ activated for a beautiful 30-point move.
One could have used Battle Plan 1️⃣ as an add-on trade location, as discussed in the AM Briefing.
Monday Morning MES Price Action
The day before CPI was… well… boring.
We spent the entire morning back and forth through the Battle Plan 2️⃣ and Battle Plan 3️⃣ trade idea zones.
One Member Asked a Question This Morning.
What follows is my feedback.
Battle Plan 4️⃣ - ES Short Setup
🔥 Battle Plan 4️⃣ 20-points
Nice outlined entry.
Quick 10-pointer on initial drop.
Successfully holding the lotto runner meant keeping it in the negative position.
Although we made it... I would have thought taking back Friday's single prints — targeting the RTH Low, as outlined on Zoom and YouTube Live — would have been much faster and easier. Nope. Lethargic price action is the name of the game.
Additionally, as stated in the Battle Plan notes last night, "7574 will be a very tricky level." Indeed it was.
Then, the entry location was tapped — not once, not twice, but 5 times.
Touch-and-go entries are a rare bird these days.
Although ten points is nothing to sneeze at. "See Money Take Money" for aggressive scalpers.
And for those trying to hold a lotto runner for the bigger move, that lotto runner must be held in the negative position.
Unfortunately, YM was glued to Friday's halfback. Thus, ES was 'stuck in the mud'.
The trades are much easier when we're all in alignment… all moving in the same direction at the same time.
ES Did It!
One thing you should never doubt is its ability to make its own money!
ES always finds a way to make its money!
We took back the Single Prints and Friday RTH after 90 minutes of crappy price action.
It wasn't pretty, but ES got it done.
Filling the single prints was the first target for Battle Plan 4️⃣ short, as outlined this morning.
🔥 Battle Plan 4️⃣ up 20-points!
Targeting the Expected Range and then 7520 was the outside goal.
Tip of the Day
The "highest probability" trading opportunity for a Battle Plan trade idea is the first time it's presented... with fresh levels.
Battle Plan 2️⃣ offered the best opportunity the first time it was touched last night.
And Battle Plan 3️⃣ did the same — best opportunity the first time it was touched.
You'll discover on the second and third looks of these Battle Plan trades that price typically doesn't follow through as far.
For me to trade a Battle Plan multiple times, it has to be in an amazing trade location in the direction of who controls.
Otherwise I'd rather wait for a fresh Battle Plan trade with fresh levels.
IDEA:
🔥 If you want to track the success of Battle Plan trade ideas on the 2nd and 3rd looks, consider creating a new tag in your Trade Buddy journaling software to reflect the 2nd and 3rd looks. See the example below.
Tomorrow's Live Streams
|
AM Briefing 
|
YouTube Live Stream (Free on Tuesdays) 
|
Scoreboard
Points Accumulated This Week:
Battle Plan: 60+
🔥 20-pointer for Battle Plan 2️⃣ long.
🔥 30-pointer for Battle Plan 3️⃣ long.
🔥 20-pointer for Battle Plan 4️⃣ short.
Zoom: 0
We talked through a couple trade ideas today… but we drew none of them.
And if you took those possible "high risk" trades anyway? Break-even, worst case.
That's the thing about Zoom. The value isn't always in the points earned… it's in the points saved.
The trades you don't take are often bigger than the ones you do.
Core Strategy: 50+ (Full Members)
🔥 For the aggressive scalper.... Core Strategy offered many trades today.
If you ignored the large candles and just traded the first bounce level taught at the Core Strategy Academy, you probably had a 50+ point day.
I spy...
🔥 30-point BL short
🔥 20-point BL short
🔥 15-point FS short.
That said, trade location told me not to short at the bottom of the range. As mentioned above, this was for the aggressive scalper who is trading strict Core Strategy on a three-minute chart.
That's how good Core Strategy is!
ECONOMIC CALENDAR
TUESDAY
WEDNESDAY
View The Trade Setups
COMMON QUESTIONS FOR ES FUTURES TRADERS
What is a Battle Plan?
A: A Battle Plan is the map of the best ES and MES trade setups for the session ahead. Each numbered idea marks a location where price may react... where to go long and where to go short. The highest probability comes the first time a level is touched with fresh levels. You still wait for your own confirmation before you execute. It shows where price may react, nothing more.
What is a Bull Bear Strong Level?
A: A Bull Bear Strong Level is a key price level that flips control between buyers and sellers. When price reclaims it, that reclaim can set up a trade in the direction of whoever just took control. In this plan it framed a reclaim long, with snappy ladder-back price action confirming the buyers were stepping in. Some of these levels get tricky... 7574 was a very tricky one.
What is Core Strategy?
A: Core Strategy is the bounce-level method taught at the Core Strategy Academy for full members. You ignore the large candles and trade the first bounce level on a three-minute chart. Done strictly, it can hand you a stack of scalps in a single day. Trade location still matters... it told me not to short at the bottom of the range even when the setups showed up.
What is a lotto runner?
A: A lotto runner is the final piece of your position you hold for the bigger move after scalping profit off the front. The catch is you often must hold it through the negative position to catch the full run. It is a small, high-variance bet on follow-through. Holding one through an event like CPI is according to your rules only... not recommended nor suggested.
Should I trade the same Battle Plan level more than once?
A: The Tip of the Day says the highest probability is the first time a Battle Plan idea is presented with fresh levels. On the second and third looks, price typically does not follow through as far. For me to trade a level again, it has to be in an amazing trade location in the direction of who controls. Otherwise I would rather wait for a fresh Battle Plan trade with fresh levels.
MICROS TRADER BASICS
The Four Badge Challenge
The Four Badge Challenge is Micros Trader's structured path through the Core Strategy Academy. Three badges cover the three primary bounce levels. The fourth badge requires the trader to identify all setups on a completed 3-minute RTH chart, putting everything together in one submission.
Every chart submission is reviewed personally by George. He looks at the chart, confirms what is correct, identifies what needs work, and tells the member when they have passed. Members advance when the level is genuinely mastered.
📍 Originally published on MicrosTrader.com
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