ES & MES Futures Trade Plan #382

Battle Plan 3️⃣  | MES Set Up Long

Last night, the apex of Battle Plan 3️⃣ paid very well.

20-Point Move from the apex trade location.

This trade was dissected during the AM Briefing.(Time-Stamped Link)

2nd Look: After a new overnight low… You were presented with a second opportunity for this trade. The MES trade idea took less than two points of heat and reached the 25-point target.

Congrats to the traders who took advantage of this trade. Close DOM. Call it good. 

ES Live Trading Room | RTH Session

ES was aimless, offering no entries. 

We took none. 

The market is waiting. 

We wait. 

ES Key Levels… AKA Strong Levels

Very nice.

These are updated every Sunday via TradingView Indicator. 

When you see price bounce off both sides like this, you know you have a solid level you can trade. Great places to consider taking profit, adding to a trade if price finally breaks, and a place to consider entering a trade – especially if it aligns with other ES bounce levels we are watching.

ES Was a Ghost Ship Today

On the open sea. No power. No anchor. 

Sails up, wheel spinning free, nobody at the helm. 

Bears tried to pull alongside, cannons run out… yet… never fired a shot.

Mate, that’s how a market looks when both crews abandon her. 

She drifts.

She goes wherever the current fancies. And the current lies.

Do not chase a drifting ship. 

You wait for the engines to roar back to life.

Be patient. 

Another high-probability trade awaits beyond the horizon. 

We sail again tomorrow. 

My NES Nano Short | Practice Trade

During the aimless price action, I moved my stop just above three protection layers.

1. Overnight Trendline

2. Our Strong Range.

3. The range we discussed in the AM Briefing.

All three combined make a wonderful protection layer for my stop.

Tip of the Day

September Tune Up

As we roll into September, it’s a perfect time to think about your Pre-Trading Prep.

Routines slip during the summer. That’s just how it goes… vacations, late nights, kids out of school. The prep gets a little shorter every week and nobody notices, because summer price action lets you get away with it.

Traders tend to start slacking toward the end of the summer… life is busy and price action is dead.

Fall doesn’t let you get away with it. 

Volume comes back. Ranges expand. And the market deals the cards much faster in the fall. 

Now is a GREAT TIME to give your nightly and morning routine a checkup!

Suggestion: Write your routine down… Especially if you never have… stop winging it. You know who you are!

Simple Check Up:

Read the Battle Plan? 

Listened to the AM Briefing? 

Marked your overnight levels?

Drew out the single prints?

Know where POC is from yesterday?

Are we in a range… is the range on your chart?

When was the last time you drew levels on the daily chart?

Have you stopped journaling? (Did you even start – now it’s time. Here is your sign.)

When was the last time you downloaded a CSV from your broker and analyzed it in the Trade Analytics panel inside the Trade Buddy dashboard?

Any of these hitting a little close to home?

Fix the ones that made you flinch.

It’s time to get your boots dirty and craft your perfect pre-trading routine.

Trader’s Homework

For Full Members… did you know there is a MONTHLY BS and FS FVG on ES? 

In fact, there are two FS FVG’s you should have on your chart. 

🔥 Go the ES chart… Monthly timeframe… find all the FS FVG’s. Study, take notes, and behold. 

Tomorrow’s Live Streams

Scoreboard

Points Accumulated This Week:

Battle Plan: 10+

🔥 10-Point Battle Plan 3️⃣ Long. I am counting 10 for the scoreboard.

🔥 25-Point Battle Plan 3️⃣ Long on the “second look”. Target Hit.

Zoom: 0

Zero-Zilch-Nada.

Zero-Point-Zero.

Some days are just … no trade days.

Core Strategy: 10 (For Full Members)

A couple of FS’s and a couple of BL’s, but nothing to get excited about or even to require homework. Trash PA day.