Transcipt
all right let’s do something a little
different I have in our Discord group a
channel that says critique my trade
it is meant to be where you would post a
losing trade that you believe was
according to our core strategy and it
didn’t go as you had planned I have not
looked at this trade yet and I will
cover up the name of the person with
that made the post
for their privacy
so I always encourage you to post
if you don’t
how can we grow
I
always lend a teaching gentle hand with
everything and I congratulate
the person who made this post because
it’s not used often often enough in my
opinion so when you join the group I
really encourage you to go and look at
all of these and learn from them
steamrolled again
okay so let’s go look at this I already
know exactly what the problem is on this
particular trade
so let’s go look at it seems to be a
recurring theme in my trading I saw the
price didn’t seem to be respecting
uh the 5929 four hour back
um BL so I sat longs
at the 58 backside and 57 50 front side
on the three minute I understand those
were in my way as I was short I didn’t
think price even gave me two ticks a
profit as it ran through the orders two
ticks I gave this one about Five Points
of room
okay that’s something we need to discuss
we don’t set stops by number of points
but it went through the hold level and
through two three minute break levels
earlier in the day I was too aggressive
in moving my stops up and was stopped
out to break even before a big move that
is fine this is part of the game being
stopped out at break even part of the
game no big deal wait for the next trade
none of these was touch and go trade
yeah PPI CPI very difficult to expect
touch and go for sure
can you offer any advice on why this
trade did so poorly in any advice on how
to better balance moving my stops sure
sure
so let’s look at
his trade yep he went he went long here
and here and got out so let’s recreate
um this trade
all right
first of all uh
good job on taking the trades
and a lot of people don’t take them
continue trading
um are too scared to pull the trigger is
what I really mean so let’s look at the
day here
so for sure we were laddering up
and the trade is long or flat
as we’ve said all day the trade is long
or flat the only time with that that
isn’t true is when you’re bumping your
heads against big levels
okay when you have a big kid jumping on
the trampoline you have to be careful
and I’m going to show you what that
means so let’s go to our daily here
and on this daily you have
a daily High
right here
that is really important
a daily high right there
let’s go back to three minutes
I also have my range right there
so as price is going up should we expect
a bounce off of a daily
high oh yeah yeah and typically 15 to 25
points
I don’t think this one made it that far
and made it 10 points so
when price is going up and this is in
our practice room to the trader who did
this there are several examples of this
that when we are coming up to a high
time frame level and bounce off of it do
you want to take the opposing three
minute level
especially in Power Hour
okay this is the final hour of trading
right here the final hour of trading let
me
right here this is the final hour of
trading
right here
so let me get rid of the right final
hour of trading you have to expect very
strong price movements with little
regards to our three minute levels
so two major factors here number one
coming against the top of our range and
typically these things bounce off of our
ranges don’t they
so we need to know that’s happening Plus
there is a daily
High here where it grabs the liquidity
pushes back in within the final hour of
trading
very tough trade to take against that
from happening
I understand why you took it
assuming none of these other factors
existed
okay I also believe
uh
um
it’s fine you can probably go find other
high time frame stuff but the main one
is this daily
the daily high is really important
against our range so it’s going to touch
and it’s going to pull back in
now what I would have been looking for
is priced did we get above here with a
strong up candle and then come back and
then I can go long in my green area
so
I definitely was not interested in any
of these Longs I went short
I went short here
in fact I just the very last YouTube
video I did I talked about this short
this gave me a little bit of a stumbling
block this gave me a little bit of
stumbling block and somewhere in here I
actually ended up getting out and then
it went further and I was like oh of
course it went further
so let’s do this let’s draw the back
side here
let’s go here let me put on the magnet
tool
here okay so now let’s go in let’s go
into a
um
a 15 second chart
okay
so 15 second chart here
so price did come to the level and
bounced
let me move this how much did it bounce
out of curiosity so it went up a full
point before it came back against you
then what did price do so price came
down touched went up a point came back
to the entry bounced again came back
under and then went back to this level
right there you just get out
get out it break even done move on boom
I’m out price did not behave the way I
wanted it to it touched my level twice
and bounced the second bounce was lower
than the first bounce you were given the
gift of a break even trade not a bad
reason to take it let’s go back and look
at this on a three minute chart again
so
if you’re going to take that long
what’s your backup level well you’ve got
uh little fair value Gap here and you
got uh
yeah kind of front side right
um You don’t have a brake level backup
because that brake level is already
tested here so you did have this so in
this particular case
if you didn’t take the gift of the break
even trade
and the backup level didn’t bounce let’s
go look at the backup level on a 15
second
let’s go look at the backup level
on a 15 second okay that’s the level
that bounced it back up
so what did price do let’s revisit it it
touched it bounced it touched it bounced
it went to your backup level and bounced
right there you take the gift of the
break even trade and just get out and
wait for the next trade so even if you
missed that it was bouncing off of
a daily
that it was bouncing off the top of the
range
um still following the rules that should
have been a break even trade in my
opinion now let’s go look at something
else
so our kind of our rule a little bit of
um
ladder UPS
so this thing came back in that’s where
it bounced up there’s your first ladder
up first I’m gonna go
second third
fourth ladder up somewhere in there
fourth or fifth ladder up somewhere
between the second and third are the
only two ladder UPS I like to take
beyond that I don’t really take them
so just some additional information
um so several things final hour bouncing
against a high time frame bouncing
against the top of our range where
there’s most likely going to be a bounce
when the big kid bounces on the
trampoline the little kid needs to get
out of the way
Stay Green my friends and to learn more
about our group go to microstrader.com
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Disclaimer & Links
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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.

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