ES & MES Futures Trade Plan #353
Battle Plan
Where To Go Long... Where To Go Short.
ES & MES FUTURES TRADE PLAN #353
TODAY'S REVIEW: ES FUTURES
Battle Plan 2️⃣ ES Long Setup
Entry was not picture perfect as Asia had a strong reclaim... but the direction was on-the-money.
๐ฅ 20-points to over a 50-pointer depending on your trade management. Holding lotto runners can pay!
๐ฅ 50-pointer IF you kept your stop behind two Strong Levels. You can see them in the chart below.
Battle Plan 1️⃣ "Add-On" Long
Since this was an add-on MES trade setup, you had plenty of profit to hold this runner.
๐ฅ This add-on trade took two points of heat! Not too shabby.
Battle Plan Trade Ideas... Initial Entry + Add-On
A killer combination!
Battle Plan 2️⃣ was the initial entry… and according to the notes for Battle Plan 1️⃣, it was the add-on.
Battle Plan 1️⃣ notes: "Add on long location. If you're long from below, this could be a great place to add to your winning trade."
Excellent follow-through in the RTH session.
ES Bulls did good!
Tip of the Day
Tis the season… price strolls up to a level, taps it, then circles back and taps it again. And again.
A clean touch-and-go? That's a rare bird right now.
Touch-N-Go has crawled into a cave and gone into hibernation.
Tomorrow's Live Streams
|
AM Briefing
|
YouTube Live Stream
|
Scoreboard
Points Accumulated This Week:
Battle Plan: 90+
๐ฅ 40-Point Battle Plan 2️⃣ Long. You could still be long.
๐ฅ 10-15 Point Battle Plan 1️⃣ Long
Zoom: 40
๐ฅ We caught a couple of beautiful longs… and if you held on!
๐ฅ 20-40 points today depending on runner management.
๐ฅ Although the add-on was difficult, it bounced exactly where we mapped this morning. So one could have added to their winning trade as well. The add-on could have added 5, 10, or 15 points, depending on your management.
A very nice green day for me.
Core Strategy: 20 (Full Members)
๐ฅ BL Long for 20-30 points. I know Justin took that trade.
ECONOMIC CALENDAR
WEDNESDAY
THURSDAY
View The Trade Setups
COMMON QUESTIONS FOR ES FUTURES TRADERS
What is the Bull Bear Strong Level in this Battle Plan?
A: The Bull Bear Strong Level is the line that splits bull control from bear control. For tonight it sits at 7532. Above it, buyers have the edge. Below it, sellers do. It is the pivot everything else swings around... so watch how price behaves right at that line before you commit.
What does Stand Down mean?
A: Stand Down means the conditions are not right and flat is the position. If 7532 breaks short with violence, you stand out of the way. No knife, catch longs. You wait for the mess to settle. Knowing when not to trade protects your capital... and that is a skill worth building.
What is a Strong Level and a Strong Range?
A: A Strong Level is a mapped price where the market has reacted hard before, so it tends to react again. A Strong Range is a band built from those levels. Use it to help with your entry. Keeping your stop behind two Strong Levels is what let this trade ride 50 points instead of getting shaken out early.
What is an add-on long?
A: An add-on long is a second entry stacked onto a trade you are already winning. Battle Plan 2 was the initial entry from below. Battle Plan 1 was the add-on location above the Bull Bear Strong Level. You already had profit banked, so you had room to hold the runner even when it took a couple points of heat.
What is the Core Strategy on the Scoreboard?
A: Core Strategy is the Full Members setup tracked separately on the Scoreboard. Today it logged a BL Long for 20-30 points. It runs its own trade ideas alongside the Battle Plan and Zoom setups, so members can see how each stream performed on the day.
MICROS TRADER BASICS
Stand Down
Stand Down is one of the most important calls George makes in the daily Battle Plan and on live Zoom sessions. It means the conditions are not right, the risk is not worth it, and flat is the position.
Micros Trader places equal emphasis on when to enter and when to step aside entirely. High-volatility events, news releases, vomit mode price action... these are sessions where the most disciplined decision is to close the platform and protect capital. Knowing when to Stand Down is a skill. Micros Trader develops it.
Full lesson: Not Every Day Is a Trade Day in the Trading Library
๐ Originally published on MicrosTrader.com
Share This
Follow MicrosTrader
▶ YouTubeFacebook𝕏 TwitterMediumSubstack🎧 Apple Podcasts🎧 Spotify🎧 Amazon MusicLinkedIn
Field Dispatch · Free
Get the Free Weekly SITREP
Weekly field intel for ES and MES futures traders… plus one lesson from the free Trading Library every Sunday.
DISPATCHED SUNDAYS 11:00 CT · UNSUBSCRIBE ANYTIME












Comments
Post a Comment