ES & MES Futures Trade Plan #336

AM Briefing | ES Short Idea

Trade Location Matters

During the AM Briefing I mentioned if we were trading live, we would want to be short going towards the POC as that was the highest probability trade.

Sometimes you’re on the right side of the trade location but there are no clean entries. 

What do you do? 

You wait!

There is no other answer… You wait until price gets into the next high-probability trade location. 

Today was a shining example of this principle. 

Battle Plan 2️⃣ | Best ES Long Setup

🔥 30-70 Points… Congrats Futures Traders

This trade location rocked again… two days in a row. Making deposits into traders’ accounts. 

The video above explains everything. 

No knife-catching on the way down!

We waited and waited until it dropped into Battle Plan 2️⃣ zone. 

On days with multiple 15-point candles ES will typically overshoot the Battle Plan mapping… but then come back with a vengeance. 

Primary focus was waiting on a second ladder turnaround on the way down.

Fortunately for us, it made it all the way down to Battle Plan 2️⃣.

We highlighted a couple of first-ladder opportunity longs. One of them was the killer one! The one where I remarked, “If I was up big for the week, I would be long right here.” This would have been a positional long at a Battle Plan trade location. This highlighted entry turned out to be an easy 50+ pointer. 

There is also an opportunity for a second and third ladder long per Battle Plan 2️⃣ mapping.

I highlighted three different entry opportunities in the mapping. See the chart below. 

Depending on your entry, a 10 to a 50 pointer was very possible. 

Once again, the entire purpose of the Battle Plan is to be on the right side of price action, looking for the right trades in the right trade locations… Even if we have to wait while price vomits 100 points into our ideal trade location.

Tip of the Day

Wait For Your Entry

Sometimes you have to let price drop one hundred points before you get your ideal trade entry.

Sometimes you’re lucky and you are short for the move south… right into the Battle Plan long trade idea. 

Either way… there’s another high probability trade around the corner. 

Tomorrow’s Live Streams

Scoreboard

Points Accumulated This Week:

Battle Plan: 170

🔥Battle Plan 2️⃣ for 30 to 50+ points. 

A banner day for the Battle Plan. 

Zoom: 140

🔥 We outlined low time-frame entries at the Battle Plan 2️⃣ location. 

Core Strategy: 40

🔥 No trade day due to tons of 15-point candles. It’s very difficult to use small or standard stop losses with such large candles.