ES & MES Futures Trade Plan #350
Battle Plan
Where To Go Long... Where To Go Short.
ES & MES FUTURES TRADE PLAN #350
TODAY'S REVIEW: ES FUTURES
Battle Plan 1️⃣ ES Long Setup
Earlier this morning... price dropped into the front edge of Battle Plan 1️⃣.
We reclaimed.
We called longs and add-ons and take profits per the ES price action video above live on Zoom and YouTube.
๐ฅ 30-point Battle Plan 1️⃣ Long
๐ฅ 15-point add-on trade Long
We always seek to add to our winning trades when possible.
Today's add-on paid well.
A very good morning indeed.
Multiple traders with a beautiful green days! Congrats traders.
Because it was the day before OPEX Friday, traders were encouraged to prioritize green over greed.
Take your profit and walk.
Did you???
Battle Plan 1️⃣ ES Long Setup Again???
After the beautiful longs from the morning session... price retraced back down to the Bull Bear Strong Level line ONCE AGAIN.
I was waiting.
The trade alert went off and with a two-point stop loss... I entered MES Long at 7574.50.
Why a 2-point stop loss... that distance placed the stop loss beneath today's low PLUS my confidence was low that the bulls would defend again! Worst case, it's a two-point stop-loss... I tiny paper cut at a fantastic trade location.
A beautiful touch-and-go too... with a fair value gapings candle leading the way north.
Fantastic.
I was hopeful but cautious.
After all... every time we took this trade.. all week long... it was a 50-pointer!
The Bull Bear Strong Level line has paid very well this week.
Trading range rules have paid very well this week.
I'll let you in on a little secret... Playing short when the bulls control at a critical level that the bulls must hold is a dangerous way to make a living on the ES chart. I lean long when possible. But I'm not afraid to short, as you will see below.
I trailed this trade, locking in 5 points. And five points is what I made.
Sometimes you make your day five points at a time and sometimes you get a beautiful 50-Pointer
Battle Plan 2️⃣ Short
I took this trade. It is the second video above on YouTube... MES Short Setup.
I made a recording while working on the Battle Plan - probably not a good move.
Three contracts were lined up to go short.
One was executed.
๐ฅ 10-Pointer Short
You know me, I treat ALL shorts like "microwave trades". Longs are "oven trades".
As it turns out... ten points is all one could have made.
Talk about a hard reversal!
Tip of the Day
As it turns out... taking partials just before a Strong Level is never a bad idea.
Tomorrow's Live Streams
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AM Briefing
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YouTube Live Stream
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Scoreboard
Points Accumulated This Week:
Battle Plan: 270+
๐ฅ 30-Point Battle Plan 1️⃣ Long with Add On
๐ฅ 10-Point Battle Plan 2️⃣ Short. Honestly, I thought it would go deeper into the mapping.
Zoom: 130+
We called a beautiful first ladder long plus an add-on and the perfect take profit.
๐ฅ 40+ point morning.
Core Strategy: 100+ (Full Members)
Today's three-minute chart offered very little.
Every level was very, very muddy.
Even the muddy levels played well but nothing I would mark for an end-of-the-day chart.
ECONOMIC CALENDAR
FRIDAY
MONDAY
View The Trade Setups
COMMON QUESTIONS FOR ES FUTURES TRADERS
What is the Bull Bear Strong Level?
A: The Bull Bear Strong Level is the line in the sand on the ES chart... the price where control of the market gets decided. Bulls above it, bears below it. This week it has paid very well as a long entry on the reclaim. One caution though... trades taken right at the line itself are tricky and low probability. Wait for the reclaim, then ladder beyond it.
What does Green Over Greed mean?
A: Green Over Greed means you take your profit and walk. When the market hands you a winning trade, you bank it instead of holding out for more and watching it evaporate. It matters most on squirrelly days like the session before OPEX Friday, when reversals come hard and fast. A green day is a green day... protect it.
What is a Strong Level and why take partials before it?
A: A Strong Level is a price zone where the market has proven it will react... a place buyers or sellers have defended before and will likely defend again. That is why the Tip of the Day says taking partials just before a Strong Level is never a bad idea. Price often stalls or reverses right at these zones. Bank some profit before the fight starts and let the rest ride with a trailed stop.
Why are shorts treated like microwave trades?
A: In an environment where bulls control, shorts cook fast and come out fast... in, grab the points, out. Longs are oven trades that get time to develop. Today's Battle Plan 2 short proved the point. It paid 10 points, and 10 points is all there was before a hard reversal. Playing short at a critical level the bulls must hold is a dangerous way to make a living on the ES chart. Lean long when possible, and when you do short, keep it quick.
What is the Core Strategy?
A: The Core Strategy is the Micros Trader system for Full Members built around key levels marked on the three-minute chart, traded alongside the Battle Plan setups. It has produced 100+ points this week. Some days it offers little... today every level was muddy and nothing was worth marking for an end-of-day chart. That is part of the discipline. You trade the clean levels and pass on the mud.
MICROS TRADER BASICS
Chart Buddy
Chart Buddy is Micros Trader's proprietary desktop application for Mac, PC, and Linux. It automates TradingView workflows... one click changes your timeframe, instrument, indicators, and folder configuration simultaneously. What used to take ten clicks takes one.
Chart Buddy also surfaces Battle Plan notes directly on the chart when price reaches a level, includes a full trade journal, trade analyzer, and trade plan builder, and allows members to customize Battle Plan alerts beyond the standard indicator. All data stays on the member's own computer, shared with no one.
๐ Originally published on MicrosTrader.com
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