Traders —
I hope you had an awesome trading day.
Very good day in the room — approximately 20-25 ES points accrued.
Let’s recap and plan for the next session.
Recap
Below were our plans coming into the session.
ES
NQ
Below were our levels & how they fared. Inflection levels = bullish biased above & bearish biased below.
ES
NQ
RTH
My initial trade was a short at ES 5121 after the look above our 5122 inflection level and fail. As stated in the daily plan, I leaned bearish until bulls could take this level out, which they could not. +8 on this trade.
We then flipped long after buyers stepped in at our 5093-5098 levels, which yielded us +10.
We were then watching the 5110 level closely, which was clear confluence with our level from the plan as well as the session IB high. There was a clear battle at this level which sellers ultimately won, and we were able to short the break down.
This trade yielded +10-12 ES points.
Awesome day for paid subscribers and myself.
Market Structure