ES & MES Futures Trade Plan #368
Battle Plan
Where To Go Long... Where To Go Short.
ES & MES FUTURES TRADE PLAN #368
TODAY'S REVIEW: ES FUTURES
Battle Plan 1️⃣ | Asia Session
If you took this trade, it was an easy 10+ pointer.
Battle Plan 1️⃣ | RTH Session
The first look during the RTH session offered a nice 10 point look.
The second look offered the bigger trade if you could take the three points of heat.
🔥 40-pointer for Battle Plan 1️⃣ Short
"If I Was Evaling, I Would Be Short From This Trade Location"
This was a "positional trade" idea… and it is not for everybody.
Multiple confluences suggested this would be a worthwhile positional trade.
The traders who took it earned it. Quite a bit of back and forth price action before price finally released to the south. The odds stacked in their favor even though it was counter… aligned with Battle Plan 1️⃣ and ES in the red zone of this range (Range Rules).
Finally, we got the move... the move of a sloth… ES crept its way down the chart… SLOWLY!
Two Hours Later
🔥 45-pointer for Battle Plan 1️⃣ Short
3 points of heat... IF you could stand the BACK AND FORTH of the price action at the Strong Level.
At the time of this writing, we were seven points away from reaching our destination.
Range Rules Rule
We talk about them every single day when we are in a range.
Range Rules Rule. You have heard me say it a hundred times, and price keeps proving it.
When ES trades inside an established range, the play is simple… look for longs near the bottom of the range and shorts near the top.
Trade location comes first, every time… a perfect candle setup in the wrong location is worthless.
That is exactly how Battle Plan 1️⃣ & Battle Plan 2️⃣ were mapped… reaction zones at the edges of the ranges, keeping you on the right side of the price action. Ignore Range Rules at your own peril.
Key Question for ES Battle Plan Traders
Three days. One level. Three very different trades.
Day one, Battle Plan 1️⃣ had you sit through three points of heat before it ran 12 points.
Day two, touch-and-go for 10 points.
Today, price ground back and forth at the Strong Level for a full HOUR before it finally broke to the south.
Same level. Same plan. The market dealt a different hand every single session.
🔥 Today was a great day to set your stop, close your platform, and walk away. Stay out of your own way.
So... we looking for the right trade in the right trade location?
And if we can keep doing that, we will do very, very well.
Tip of the Day
No Prediction Trading:
A hunch that the market must go up is a feeling wearing a trading costume.
If predictions worked, everyone would be rich. Wait for price to reach your level and confirm… then it's a trade.
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Scoreboard
Points Accumulated This Week:
Battle Plan: 50+
🔥 40-pointer for Battle Plan 1️⃣ Short
It also went 10 points in Asia and 10 points in RTH... BUT... if you did the 3-contract system holding your Lotto Runner in the -3 point position, you are short for the big move.
See the video above.
Zoom: 20
🔥 One Short for 10
🔥 One Long for breakeven
Core Strategy: 0
Level development was atrocious.
Day before CPI.
Level 10 Trading Day.
ECONOMIC CALENDAR
WEDNESDAY
THURSDAY
View The Trade Setups
COMMON QUESTIONS FOR ES FUTURES TRADERS
What is a Strong Level in ES futures trading?
A: A Strong Level is a price level where ES has proven it will react… a zone that has stopped or launched price before and is likely to do it again. These levels demand patience. In this Battle Plan, price ground back and forth at the Strong Level for a full hour before it finally broke to the south for a 40-point move. Same level, three days in a row, three very different trades. The market dealt a different hand every single session. Your job is to wait at the level and let it do the heavy lifting.
What are Range Rules and why do they matter?
A: Range Rules Rule. When ES trades inside an established range, the play is simple… look for longs near the bottom of the range and shorts near the top. Trade location comes first, every time… a perfect candle setup in the wrong location is worthless. That is exactly how these Battle Plan setups get mapped… reaction zones at the edges of the range that keep you on the right side of the price action. Ignore Range Rules at your own peril.
What is a Lotto Runner?
A: The Lotto Runner comes from the 3-contract system. You take profits on your first two contracts, protect the last one, and let it ride for the big move. The base profit is already booked, so the runner costs you nothing to hold. In this session, traders holding a Lotto Runner short from Battle Plan 1 in the minus 3 point position stayed short for the 40-point move without giving back what they had already earned.
What is the Core Strategy and why did it take zero trades today?
A: Core Strategy is the level-based approach taught at Micros Trader… price must reach a well-developed level and confirm before a trade exists. Some days the market never builds those levels. This session, level development was atrocious the day before CPI, so Core Strategy scored zero. That is the strategy working as designed. No setup means no trade, and that discipline protects your account on Level 10 trading days.
Should you trade ES on a CPI release day?
A: CPI day is a Level 10 trading day… the highest risk rating there is. This plan calls for skipping the overnight session entirely and waiting for the RTH open. Even then, your trade plan makes the call, and it should be written before the number drops. Remember the Tip of the Day… a hunch that the market must go up is a feeling wearing a trading costume. If predictions worked, everyone would be rich. Wait for price to reach your level and confirm… then it's a trade.
MICROS TRADER BASICS
The Lotto Runner
The Lotto Runner is Micros Trader's term for the third contract in the Three Contract System... the one held at break-even after initial profits are secured. With the stop moved to entry, the position carries zero risk. The only question is how far it runs.
Lotto Runners are how Micros Trader traders participate in 100-point-plus moves without giving back what they already made. Members trail the stop behind structure and Strong Levels, letting the market decide how far the runner goes. The system is built to produce consistent base profits on the first two contracts while keeping one contract alive for the occasional large winner.
Full lesson: Hold the Runner in the Trading Library
📍 Originally published on MicrosTrader.com
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