Transcript

Price Action Trading System. How To Scalp ES Emini or MES Micros Futures.

all right happy Thursday February 15th I
hope your Valentine’s Day was
delightful
so first thing I want to say if you
can’t trade by following rules you won’t
be a Trader long you have got to protect
yourself from yourself how do you do
that you don’t make a trade worse I will
not add to a losing trade I will not add
to a losing trade I will not add to a
losing
trade you are following your
predetermined leverage metrics I’m not
telling you what your leverage metrics
is you determine what the leverage
metric is go to my website micr
trader.com click core strategy and then
go to leverage
metrics and the most important way to
protect yourself the most important rule
the king of all rules let’s hear it is
your daily loss limit your daily loss
limit is everything do not violate this
rule the more you allow yourself to
violate this rule the more this second
part is very true you won’t be a Trader
for long no you must know what is the
maximum amount you’re willing to risk on
a single day if you’re prop trading
divide your draw
down by five require five days to fully
blow an account so if you have a
$1,500 draw down five days means it’s
$300 a day is your maximum draw down
thus meaning you can never blow an
account in a single day you have to hit
your 300 loser five days in a row to
blow an account now you can take out
your daily loss limit with one trade I’m
okay with that I’m okay with that you
can say you know what I like this entry
I love where I’m at I’m going to move my
stop a little bit here I’m going to do
whatever happens to where my Max loss is
still within the daily loss okay this is
still breaking some of the rules because
I promise you in your leverage met
metrics you have determined how much
you’re willing to lose so let’s say
you’re willing to lose 300 bucks well
your max loss per trade might only be
$100 $100 $100 and you’ve already
violated that rule but the king of rules
is you do not lose more than your daily
loss limit and your daily loss limit
should not blow your account in a single
day
so this is the king of all
rules you can violate a lot of rules and
still survive but don’t blow this one
and remember breaking the little rules
what happens it’s kind of like cheating
a little bit on a diet you cheat a
little bit more then you cheat a little
bit more then you cheat a little bit
more you cheat a little bit more before
you know it you’re at the dut
shop okay so be careful so we’ve had two
big move days we had CPI go down
overnight went up up and took it all
back and now we’re hanging right here
what are we going to do what happens
here
I don’t know but I do know we’re in a
low probability environment tomorrow is
Friday and Friday’s Opex option
expiration and Monday is a
holiday so we’re after two big days so
today is probably most likely a low
probability day to trade all right let’s
look at the trend lines and then the
news drivers um today is retail and
unemploy employment we we will be live
on Zoom if you want to get you a zoom
pass and trade with us for one day you
certainly can do that at micr trader.com
then we’ll look at the overnight and
then we’ll look at the strong levels
okay here’s the daily chart here’s the
daily trend
line this point and this point
established it honored honored honored
it’s a strong trend line it was honored
again yesterday so far let’s go look at
a 30 minute chart here’s the prominent
30 minute trend
line
okay so this point started it this point
started it this honored it what’s going
to happen here that will be interesting
to tell the London is stacking on top of
Asia which is basically stacking on top
of this rth which basically stacked onto
this rth now this rth yesterday didn’t
even make it to halfback to show the
strength of the move and as I talked
about my losing trade yesterday I missed
a 30 minute level and in fact I posted
in the group there is actually three 30
minute levels there loser and uh that
was a big Miss for me no big deal I’m
making sure thorough pre-flight because
my pre-flight cost me being in that long
number one cuz these three 30 minute
levels were within four points of each
other are you kidding me no way how
often do you get that type of setup and
look at the trampoline move here that’s
the big kid jumping on the trampoline
that’s the big kid jumping on the
trampoline um I won’t make that mistake
again sometimes you have to learn the
mistake you take a loss you re-examine
you readjust you tighten up and you get
ready for the trading day now let’s come
into like a 10-minute chart
here and now for the
overnight you can see this little bit of
a trend line and I like to throw those
in in there until they are broken cuz
for just a little bit of time for a
little bit of time you had a parabolic
move that got broken and that’s when you
can start looking for shorts and there
we go boom that would have worked very
well now what are we going to do with
this 30 minute trend line and this
overnight trend line it will be
interesting to see what happens uh when
we get back to this rth high is going to
be the first test so I consider in this
Zone here to be the bull bear Zone
basically under 5,000 and up until
9625 the bull bear Zone uh below there
it’s kind of watch out below and we’ll
see what happens once again today is the
day after two big moves a big
flush overnight overnight took it all
out
and now we’re hovering up here so will
this be a resting place and we just
don’t do a whole lot today will this
thing come back down and test this bull
bear Zone and continue its Journey up
because the trend is definitely up
remember the daily trend line remember
that 30 minute trend line but we are at
an interesting spot on the
chart will we clear the overnight high
and keep going I have a strong level
setting right here that we haven’t
tested what level is that
3150 is this level so I have another
strong level above us we get above that
I have one more strong level at
4125 and then it’s stay out of the way
sir yes sir stay out of the way
especially if we get a parabolic trend
line above this 42 just you’re either
long or you’re flat but the goal is to
be long above these two um strong levels
I think that’s it I’ll see you guys on
the zooms here soon Stay Green my
friends and to learn more about our
group go to micr
[Music]
trader.com

Disclaimer & Links
DISCLAIMER:

๐ŸŒ ๐Ÿ…ป๐Ÿ…ธ๐Ÿ…ฝ๐Ÿ…บ๐Ÿ†‚ ๐ŸŒ
โ–ถ๏ธ Core Strategy Explained: https://microstrader.com/core-strategy
โ–ถ๏ธ Zoom Pass: https://microstrader.com/zoom/
โ–ถ๏ธ Leverage Matrix & Spreadsheet Download: https://microstrader.com/leverage-matrix/
โ–ถ๏ธ Membership Options: https://microstrader.com

๐Ÿ“ฃ ๐Ÿ††๐Ÿ…ท๐Ÿ…พ ๐Ÿ…ฐ๐Ÿ…ผ ๐Ÿ…ธ
Lean in and listen to me… I will be candid and frank with you. I am NO “Guru”… nor do I claim to have invented ANYTHING. I combined several techniques together, made a few tweaks and adjustments for ES.. and viola.. the Core Strategy was born!

I am professional full time MES Micro Futures Trader who leads other futures traders through the price action DAILY on ZOOM. We trade our Core Strategy together, as a team. Together we trade better! Come join us!

๐Ÿ“‹ ๐Ÿ…พ๐Ÿ†„๐Ÿ† ๐Ÿ†‚๐Ÿ†ˆ๐Ÿ†‚๐Ÿ†ƒ๐Ÿ…ด๐Ÿ…ผ:
Micro Traders: At the very essence, we are โ€œbounce tradersโ€. You seeโ€ฆ with high certainty, we know where the price will bounce. We play the bounces. Sometimes the bounces are counter-trend, and sometimes with the trend. Personally, I love โ€œWith The Trendโ€ trades. They offer lots of juice for the squeeze.

๐ŸŽณ ๐Ÿ…ผ๐Ÿ†ˆ ๐Ÿ†‚๐Ÿ…พ๐Ÿ†„๐Ÿ†๐Ÿ…ฒ๐Ÿ…ด๐Ÿ†‚:
Our System Is A Combination of:

* Cotton: His information is central. Watch every video 2-3 times! Cotton wrote “the book” – I trade it with ES/MES. I highly recommend to my traders to watch ALL of Cotton’s videos and join his Discord. Heck, join his mentorship if he still offers it. Then, IF you are interested in trading with some MES/ES traders using Cotton + Market Profile + some ICT Concepts, join our trading room.

LINK TO COTTON VIDEOS: https://www.youtube.com/c/c0tt0nc4ndyTA/videos (I watched them ALL 3X plus joined his mentorship for a time)

* ICT (2022 Mentorship, specifically. He is a madman!) https://www.youtube.com/c/InnerCircleTrader/videos

* Market Profile (Shadowtrader, Paul Asmar from CamelBack trading, Dalton).

I combined these three systems to create a complete scalping strategy.

Interested to join a trading group that uses this philosophy?
https://www.MicrosTrader.com

I am NOT a financial adviser. I do not promise ANYTHING but some education. I do not guarantee results. I don’t know you from Adam – you might be as intelligent as a sack of rocks. Or over emotional like a scared cat while trading. I have NO CLUE if you can trade successfully. ONLY YOU know if YOU are coachable. Trading IS hard, emotionally speaking. Trading in a group HELPS! I will help guide you to start smart by starting small with a high-probability system. You will paper trade first until YOU feel ready to go to the next step. RISK NOTHING while learning this system.

Commodity Futures Trading Commission. Futures and Options trading has large potential rewards, but also large potential risks. You must know the risks and be willing to accept them in order to invest in the futures and options markets. Donโ€™t trade with money you canโ€™t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 โ€“ HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Testimonials Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.