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E-mini S&P 500 Futures (Sep 2015)E-mini S&P 500 Futures (Sep 2015)E-mini S&P 500 Futures (Sep 2015)

E-mini S&P 500 Futures (Sep 2015)

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Day 58 — Trading Only S&P Futures | +$304 & Easy FOMC GainsRecap & Trades Day 58 — clean and easy. We had some conflicting signals early, but once the structure aligned, it became a straightforward session. The key takeaway today was how FOMC movement tends to cap between 30–60 points, which makes it easy to plan trades if you size stops properly. Overall, simple setups, small size, steady gain — +$304 for the day. Lesson & Mindset You don’t have to trade aggressively to make progress. Low-effort, high-consistency days are often where real edge compounds. I’m learning that keeping your head calm on choppy news-driven days is what separates pros from gamblers. News & Levels Powell’s comments cooled expectations for further rate cuts, causing the Dow to fade late in the session. Tomorrow’s levels: Above 6885 bullish, below 6840 bearish.
CME_MINI:ES1!Short
by DiYWALLST
4
Trading Rejection Strategy- A Visual Backtest💡 Overview Here is everything you need to know about the strategy. But before you study it any further, all the visuals are at the end of this post- so don't miss that part. This setup is built upon simple beliefs: ▶Price always remembers its key levels- Previous Day’s High (PDH), Previous Day’s Low (PDL) ▶Strong support/resistance zones often act as liquidity magnets. ▶When price revisits these areas and fails to break through, it gives us a clear rejection and that’s where the edge lies. ⚙️ Core Conditions ➡Price rejects PDH or PDL ➡Price retests a breakout / breakdown zone ➡Price rejects a tested support / resistance level ➡Timeframe: 15-Minute ➡Type of trade: Intraday only ➡Only one trade per day 🎯 Trade Plan 🔘Entry: One tick above/below the Pin Bar or reversal candle close 🔘Stop Loss: Just beyond the high/low of the rejection candle 🔘Target: Next liquidity zone (recent 15m swing or PDH/PDL) 🚫 Avoid Trading When: ➡No rejection at liquidity levels ➡Risk > 20 points 📊 October Backtest Results (1 trade per day, tested manually) Total trades taken= 14 Winners= 6 Losers= 8 Total points made out of winner= 263 Total points lost in losers= 75 Net points made= 188 🧠 Takeaway Even though the backtest covers only October, the results are encouraging. The logic is built on price behavior around institutional levels, and that tends to hold steady across time. 📈 Try extending the backtest further: If results remain consistent, this could become a reliable rejection-based intraday setup worth adding to your toolkit. Here is a visual to guide to all the Entries, Exits and about how it went. Enjoy the charts and do let me know what you think about this strategy or if I missed an opportunity ;) 📣Disclaimer: Everything shared here is meant for education and general awareness only. It’s not financial advice, nor a recommendation to buy, sell, or hold any asset. Do your own research, manage your risk, and make sure you understand what you’re getting into.
CME_MINI:ES1!Education
by Bravetotrade
4
Day 60 — Trading Only S&P Futures | 10-for-10 Green TradesStick around — at the end, I’ll break down the key levels I’m watching for tomorrow. Let’s go. Recap & Trades Day 60 — another clean session. We started the day with a bearish structure, so my plan was simple: wait for price to reach the 1-minute MOB and short it. Every trade lined up with VX Algo confirmations — short, lock profit, repeat. I was already up after the first few setups, and once I realized I was 10-for-10 on trades, I stopped. Lesson & Mindset This was a great reminder that it’s not about trading more — it’s about trading better. Consistency doesn’t come from being in the market all day; it comes from having discipline to stop when the job’s done. News & Levels The quiet story today — liquidity is draining from the system. US bank reserves just fell to $2.8 trillion, the lowest since 2020. That’s worth watching closely in the weeks ahead. Tomorrow’s levels: Above 6915 bullish, below 6895 bearish.
CME_MINI:ES1!
by DiYWALLST
2
ES (SPX, SPY) Analysis, Key Levels, Setups for Wed (Oct 29)As we look at the current market conditions, the price is hovering just below the 6939-6946 resistance level. We should anticipate a test of this ceiling soon. A solid acceptance above 6946 on the 15-minute chart would likely trigger a movement towards the 6965-6975 range, which we can expect to see during the afternoon session in NY. In terms of our range path, if we see rejection in the 6939-6946 zone, we will need to monitor for rotations between 6939, 6928, and 6916. A clean break beyond any of these levels will help establish our direction moving forward. On the downside, a decisive 15-minute close below the 6916-6912 area could lead us back to the 6900-6896 levels. If that support fails, we could see a drop to 6892-6888, and then down to 6883-6880. Persistent acceptance below our S5 level would promote a further decline towards 6868-6864 and potentially trigger the gap references. Lastly, I want to highlight that we should expect a compression-to-expansion behavior in the market. Thus, the first acceptance beyond R1 or below S0 will likely dictate the market's direction for the day. Level-KZ Protocol (15/5/1). Execute inside London 02:00–05:00 (opt), NY AM 09:30–11:00, NY PM 13:30–16:00. Working levels: R2 6965–6975; R1 6939–6946; MP 6928–6924; S0 6916–6912; S2 6900–6896; S3 6892–6888; S4 6883–6880; S5 6878–6874. SETUP 1 — Acceptance-Continuation LONG (through R1) Trigger: 15m close ≥ 6946, then 5m pullback holds above 6940 and re-closes; 1m HL entry. Entry: 6942–6946 on the reclaim/HL. SL: Hard SL below the 15m pullback wick (typically 6937–6939) ±0.25–0.50. TP1: 6965–6975 (R2). TP2: Leave runner only if momentum persists beyond R2 during NY PM. Invalidation: 15m close back under 6939 with a 5m LH. SETUP 2 — Rejection-Fade SHORT (at R1) Trigger: Sweep into 6939–6946 that fails → 15m close back inside; 5m LH + 1m first pullback failure. Entry: 6937–6943 on the fail. SL: 6948–6950. TP1: 6928–6924 (MP). TP2: 6916–6912 (S0). Stretch: 6900–6896 (S2) if acceptance forms below S0. Invalidation: 15m acceptance ≥ 6946. SETUP 3 — Quick-Reclaim Bounce LONG (MP) Trigger: Fast flush into 6928–6924 that instantly reclaims on 1m and prints a 5m re-close. Entry: 6926–6929 on the reclaim. SL: 6923.25–6923.75. TP1: 6939–6946 (R1). TP2: 6965–6975 (R2) only after 15m acceptance through R1. Invalidation: 15m close back below 6924. SETUP 4 — Quick-Reclaim Bounce LONG (S0 flip) Trigger: Sweep/flush into 6916–6912, immediate reclaim → 5m re-close. Entry: 6917–6920 on strength back above 6916. SL: 6911.50–6912.00. TP1: 6928–6924 (MP). TP2: 6939–6946 (R1). Invalidation: 15m body-through below 6912. SETUP 5 — Back-Inside Failure SHORT (under S2) Trigger: 15m body close < 6896, then 5m retest of 6900–6896 holds from below. Entry: 6898–6900 on the fail. SL: 6903.00–6903.50. TP1: 6892–6888 (S3). TP2: 6883–6880 (S4). Stretch: 6878–6874 (S5) — expect bounce attempts. Invalidation: 15m reclaim ≥ 6900 with 5m re-close.
CME_MINI:ES1!
by MyAlgoIndex
4
ES (SPX, SPY) Analysis, Key Levels, Setups for Tue (Oct 28th)ES Context: The trend is upward on the higher time frame, approaching a "weak-high" area just above the previous day's high (PDH). With FOMC Day-1 and consumer confidence news approaching, I expect the Asia and London sessions to trade within a range around or below the PDH, with a risk of a sweep and retest before any potential extension. The bias is slightly bullish as long as we remain above yesterday’s value area. The invalidation point is a 15-minute close below the previous day's low (PDL). Setup 1 — Long above R1 (acceptance continuation) Trigger: 15m full-body close ≥ 6912, then 5m pullback holds/re-closes above 6912. Entry: 6913–6915 Stop: 6905 TP1: 6924–6930 TP2: 6965–6975 Cancel: if retest fails to hold above 6912. Setup 2 — Short at R1 (rejection fade) Trigger: Probe ≥ 6912 fails; 15m closes back below 6909; 5m LH re-close. Entry: 6907–6910 Stop: 6917 TP1: 6900–6896 TP2: 6883–6880 Runner: 6878 → 6867.50 if momentum continues. Setup 3 — Long from GMid (partial gap-fill reclaim ) Trigger: Wick into 6852–6855, then 5m reclaim ≥ 6856. Entry: 6856–6858 Stop: 6848 TP1: 6867.50 (GTop) TP2: 6900–6906 Setup 4 — Long from GBot (full gap-fill reversal) Trigger: Fast tag of 6841–6842, then 5m reclaim ≥ 6846. Entry: 6846–6848 on retest hold Stop: 6836 TP1: 6854.25 (GMid) TP2: 6867.50 (GTop) Cancel: 15m body closes back below 6841. Execution rules Trade inside kill-zones only (London 02:00–05:00 ET; NY AM 09:30–11:00; NY PM 13:30–16:00). Take a setup only if TP1 ≥ 2.0R versus the stated stop. At TP1 close 70% and set 30% runner to BE; no trailing before TP2. Catalysts for Tue, Oct 28 (all times ET; all listed items expected to proceed despite the shutdown) 09:00 — S&P CoreLogic Case-Shiller Home Price Indices (private release). 10:00 — Conference Board Consumer Confidence (private release). All day — FOMC Meeting (Day-1) begins; Day-2 statement/PC tomorrow. 13:00 — U.S. Treasury auctions (notes/bills as scheduled). FYI tomorrow (Wed): 10:30 — EIA Weekly Petroleum Status (on schedule).
CME_MINI:ES1!
by MyAlgoIndex
1
ES (SPX, SPY) Analysis, Key Zones, Setups for Thur (Oct 30th)Bias: Neutral → mild-bullish while 6,922 holds; momentum unlocks only on acceptance above the 6,966–6,972 pocket. Setups — Rejection Fade (short): Tag 6,966–6,972 and print a 15m rejection close back inside, then a 5m re-close lower with a lower high, then take the 1m first-pullback fail. Stop = 15m wick high +0.25–0.50. TP1 = 6,940. TP2 = 6,922. Runner aims 6,885. Setups — Acceptance Continuation (long): 15m full-body close above 6,972, 5m pullback holds and re-closes, then 1m higher-low entry. Stop = 6,966 wick. TP1 = 7,000. TP2 = 7,017. Stretch into low 7,040s if momentum persists. Setups— Quick-Reclaim Bounce (long): Flush into 6,922–6,926 that instantly reclaims on 15m, 5m re-close confirms, then 1m higher-low entry. Stop = 6,916. TP1 = 6,940. TP2 = 6,966–6,972. Setups — Breakdown Continuation (short): 15m body through 6,922 that holds below on a 5m retest. Stop = 6,929–6,932. TP1 = 6,900. TP2 = 6,885. Stretch 6,858 if pressure accelerates. Management: only take a setup if TP1 is at least 2.0R using the 15m-wick stop. At TP1, close 70% and set the 30% runner to break-even; runner targets the next opposing major level. No trailing before TP2. Maximum two attempts per level per session. Invalidation: Bull idea is invalid below 6,916 (loss of the AS shelf). Bear idea is invalid once there is 15m acceptance and hold above 6,972 with 5m higher-low structure. Notes: Expect headline sensitivity. If we rip into 6,966–6,972 without a 15m close above, favor the fade. If we grind above and hold, ride acceptance toward 7,000 then 7,017.
CME_MINI:ES1!
by MyAlgoIndex
2
ES (SPX, SPY) Week Ahead Analysis, Nov 3rd - Nov 7thMarket Context The price is currently positioned just below a key near-term resistance level at 6,900–6,906, following a sharp reversal on Friday from around 6,845. The daily and 4-hour structures indicate an incomplete "weak-high" area above, but the 1-hour momentum has just shifted upward from oversold conditions. As we move into the Asia/London sessions, I anticipate a balance formation within the upper half of the previous session unless we see a decisive 15-minute close above 6,906. Short — Rejection Fade at 6,900–6,906 Trigger: 15m rejection close back below the band → 5m re-close down with a lower high → 1m first pullback fail. SL: Above the 15m wick high +0.25–0.50. TP1: 6,880 → 6,860 (≥2.0R gate). TP2: 6,805. Notes: If a retest holds below 6,900, add on a fresh 1m LH. Short — Rejection Fade at 6,940–6,955 Trigger: Same 15m→5m→1m sequence as above. SL: Above the band’s 15m wick +0.25–0.50. TP1: 6,900 gate; TP2: 6,880–6,860; stretch TP3: 6,805. Long — Acceptance Continuation above 6,906 Trigger: 15m full-body close above 6,906 → 5m pullback holds and re-closes up → 1m HL entry. SL: 5m pullback low −0.25–0.50. TP1: 6,940–6,955; TP2: 6,968–6,985; stretch TP3: 7,020–7,052. Notes: If 6,906 holds as support on retest, consider scaling on a clean 1m HL. Long — Quick-Reclaim Bounce at 6,852–6,860 Trigger: Sweep/flush below the band and instant reclaim (1–3m), confirmed by a 5m re-close up → 1m HL entry. SL: Below the sweep low −0.25–0.50. TP1: 6,900 gate; TP2: 6,940–6,955. Long — Quick-Reclaim Bounce at 6,793–6,805 Trigger: Same reclaim logic; prefer fast tag → quick pop. SL: Below the 5m reclaim low −0.25–0.50. TP1: 6,860; TP2: 6,900; optional TP3: 6,940. Long — Exhaustion Flush Bounce at 6,748–6,756 (stretch 6,713–6,725) Trigger: Fast liquidation into the band + momentum divergence → 5m reversal close → 1m HL entry. SL: Below the exhaustion low −0.25–0.50. TP1: 6,793–6,805; TP2: 6,860; trail only after TP2. Short — Continuation Below 6,852 Trigger: 15m body-through below 6,852 that holds on retest → 5m LH → 1m pullback entry. SL: Above the 15m break wick +0.25–0.50. TP1: 6,805; TP2: 6,756; stretch TP3: 6,725. KILL-ZONES & EXECUTION NOTES Primary execution windows: NY AM 09:30–11:00 and NY PM 13:30–16:00. London 02:00–05:00 optional, reduced size. Asia optional, smallest size. Stops & viability: Anchor hard SLs to the relevant 15m wick; only take plays where TP1 ≥ 2.0R. Max two attempts per level per session. At TP1: close 70%, set 30% runner to BE; no trailing before TP2. WEEK AHEAD GAME PLAN If Monday holds above 6,860 and forms a higher low, the outlook is modestly bullish, aiming for a move toward 6,940–6,955 early to mid-week. A decisive daily close above 6,955 would suggest a rally into the 6,968–6,985 range, with the potential to extend further to 7,020–7,052 later in the week. Conversely, if the price falls back below 6,852, the scenario shifts to a mean-reversion week, targeting 6,805 and then 6,756, with 6,713 as a potential stretch target.
CME_MINI:ES1!
by MyAlgoIndex
2
US Equities have this week left... Part IISo, yesterday heads up was given that the US Equities (and pretty much global equities generally) have this week left of bullishness. This was observed with a TD Bear Setup perfected completion, coming into a stall. What was not mentioned was that the leading indicators of JNK, TIP and TLT were already showing signs of imminent breakdown (to understand about these three leads, refer to the book: Anatomy of the Bear by Russell Napier) So just wanted to show it more obviously here. While the US Equities were in a bit of a stall to close slightly positive, the three leads were clearly Bearish in the candlestick patterns with a single wipeout bearish, near marubozu, down candlestick that wiped out at least three days to two weeks of gain. This like a slap in the morning while we are at the sweetest part of the dream. Heads up, wake up! Btw, with this kind of risk-off, crypto would not be spared either. Short, sharp, sweet...
CME_MINI:ES1!Short
by Auguraltrader
2
Week 10.26 - 10.31 Updated after GAPSunday Globex gapped up and held over Value which when MAs caught up gave us pushes into upper Edge. Edge areas often act as reversal spots on first tests or after we spend time away from them which it tried to do today but we had good enough buying inside the Spike Base and smaller MA which took in the supply and gave a rotation out of Edge, as we saw price got into VAL and reversed without holding. There really is no reason for this gap over the weekend and pretty much everyone knows it will be filled but what market showed us today is that we are not ready to come in to start the process for gap fill yet, we have no size operating up here with it being Month End and FOMC tomorrow, FOMC may shake things up BUT we may need to let market balance some up here around Edge and out of it before we can build up the supply and at the same time let MAs catch up to tighten up some to give us a better correction back in. For now we can see price hold in and out of Edge with pushes towards above VAL and maybe even pushes into/over it BUT careful looking for too much continuation into new Value as we have sellers over the Edge and MAs are far which means any pushes towards/into/over could find their way back out of Value towards lower Edge and eventually once we have enough supply or Volume we can see a push back into/under lower Edge that wont come back out and instead either continue or start holding under to start the process to move for lower targets. For that we would need to be under 905 - 900 area or be able to catch good entry above the Edge and ride it in once market is ready for that. To see acceptance in this new Range and see more strength we would need to see Medium MA catch up and get over the Edge to provide better support when price pushes into new Value so that it can push in and hold around VAL, until then Small MA acts as Support but it is not something to build big positions on. For now I will be focusing on reversal shorts until market can hold under Hourly MAs and under Intraday VWAP to give better continuation trades lower, I will most likely avoid longs here as they are very choppy and by waiting for good short entries eventually one of them will be the one that will take us back under the Edge and maybe even continue into lower Value so want to be ready for it unless we see strength inside this new Range and good holds over around above VAL. We have month end coming up and FOMC tomorrow, FOMC is always important but Month end might be more of a mover this time around, being at ATHs so far extended away from MAs on Daily and GAP below we could see profit taking last few days which could give us the pressure to head back under the Edge which would also take stops to add extra pressure for when everyone will be trying to get out so will be watching for that either after FOMC or Thursday/Friday.
CME_MINI:ES1!
by HollowMn
ES - October 30th - Daily Trade PlanOctober 30th - 6am *Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) * If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also! My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective. --------------------------------------------------------------------------------------------------------- Yesterday we had some afternoon volatility. Prior to 2pm EST we had a big battle at the 6930 level. This level was finally lost after FOMC and we sold off very quickly into the 6901, 6889 levels. This happened very fast and as I stated on my Daily Trade Plan that we were looking for the flush and reclaim of 6889, 6901 (6908 being the safer option). I did not take a trade in the afternoon but watching price action it would have been difficult without having a large stop loss in place. At 5:30pm I wrote the following note: "Price back tested the 6937 level we sold off from, and we need to hold 6908, 6894 in the overnight session. There is a bull/bear line at 6908 that was battled today. My general lean is that we need to continue lower to the 6864-67 level or close the gap at 6827 and then move higher. We are still in a bullish trend and nothing bearish changes the trend until we lose 6690. I think we can continue higher, IF price can flush lower, close the gap and then move higher and clear 6950." What has transpired overnight? We made our overnight high of 6953 and have held the 6901 level. As of typing this post, we are currently at 6906 and about to test the 6901 level for the 3x overnight. We may get one more bounce here or we may lose the 6901 level and have to test the 6881 (yesterday's low). We still have a large gap below that needs to be filled. My general lean for today is that we can lose 6881 and reclaim to move higher and back test 6901. This could continue us higher. Ideally, we would get a nice flush of 6865-67 levels and reclaim to move us higher. We could have both happen today. Key Levels Today - 1. Loss of 6908 and reclaim (This is the bull/bear line in this range between 6881-6953) 2. Loss of 6901 and reclaim (Weaker level now) 3. Loss of 6881 and reclaim 4. Loss of 6867-65 and reclaim Below these levels and we will probably be selling off pretty hard, and I would probably let price find a support level below and build a base to move higher. Key Support Levels - 6908, 6901, 6889,6878, 6867, 6857, 6841, 6827, 6812 Key Resistance Levels - 6908. 6917, 6931, 6937, 6953, 6960, 6980 IF price loses a level and you are not able to enter, wait for price to find another key level above, build a base and allow that level to become support. Then find a spot to enter for a level-to-level move. I will post an update around 10am EST. ---------------------------------------------------------------------------------------------------------------- Couple of things about how I color code my levels. 1. Purple shows the weekly Low 2. Red shows the current overnight session High/Low (time of post) 3. Blue shows the previous day's session Low (also other previous day's lows) 4. Yellow Levels are levels that show support and resistance levels of interest. 5. White shows the trendline from the August lows
CME_MINI:ES1!
by jhill1618
ES - October 28th - Daily Trade PlanOctober 28th - 8:30am *Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) * If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also! My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective. --------------------------------------------------------------------------------------------------------------- Our overnight session high is 6917 (which we are coming into this area as I type this). We still have a massive gap that should be filled at some point this week. We have a lot of earnings, FOMC, Economic Data and Trump in Asia tour. It is also the end of the month with Institutions looking to keep price moving higher and trapping retail investors to fill their liquidity needs. We are very extended on RSI with all time frames needing a pullback to reset and continue higher. We can sell off all the way down to 6810 and still be in a bullish trend. My lean is that we fill the gap and work our way down to the 6812-17 level and then continue higher. Ideally, we would sell off hard, scare retail investors, lose yesterday's low at 6867, reclaim and squeeze us higher. That could take a couple of days to do that, or we could get a rug pull any time. Key Levels Today - 1. Loss of 6908 and reclaim 2. Loss of 6901 and reclaim 3. Loss of 6889 and reclaim 4. Loss of 6878 and reclaim 5. Loss of 6867 and reclaim 6. Loss of 6841 and reclaim Key Support Levels - 6908, 6901, 6889,6878, 6867, 6857, 6841, 6827, 6812 Key Resistance Levels - 6917, 6923, 6930, 6946 We have to view price action as bullish until the trend changes. That would need a loss of 6720, 6690 to become bearish. Until then I anticipate the overnight gap closing, losing the 6812 level and reclaim would be a great spot, but we can easily move up with the loss of the key levels above and reclaims to grab points at. In summary, IF price clears 6917 and then price can't hold 6906, we could flush lower. You can see the white trendline that has been respected overnight and below 6901, we are looking at 6889 to flush and reclaim. Below there and the loss of 6867 (yesterday's low) would be a great spot for some points. I will post an update around 10am EST. ---------------------------------------------------------------------------------------------------------------- Couple of things about how I color code my levels. 1. Purple shows the weekly Low 2. Red shows the current overnight session High/Low (time of post) 3. Blue shows the previous day's session Low (also other previous day's lows) 4. Yellow Levels are levels that show support and resistance levels of interest. 5. White shows the trendline from the August lows
CME_MINI:ES1!
by jhill1618
ES - October 31st - Daily Trade PlanHappy Halloween! October 31st - 7:50am *Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) * If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also! My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective. -------------------------------------------------------------------------------------------------------- Yesterday we found the daily low at 6850. This happened right before the end of the day and rallied into 6893 area and overnight we have our low at 6888 with our high at 6906. We have tested 6906 2x overnight and as I write this, we are giving it another attempt. I have stated all week that 6708 is our bull/bear line. You can see that Institutions have been buying overnight at the 6893 level. IF price loses this level, we will have a chance to ride higher, IF price can reclaim this level. Ideally, we can flush 6888 maybe down to 6882 and then reclaim 6888 to move higher. IF price clears 6908, we need to hold it or flush it down to 6901 and reclaim quickly. It is the last day of the month, and I think we continue higher today with 6914, 6923, 6930 being the first targets. IF price holds 6930 end of day, we could rip higher next week to kick off November. Key Levels Today - 1. Loss of 6901 and reclaim (Micro Level Reclaim but might be all we get) 2. Loss of 6893 and reclaim 3. Loss of 6888 and reclaim 4. Loss of 6877 and reclaim Below these levels and we will probably be selling off pretty hard, and I would probably let price find a support level below and build a base to move higher. Key Support Levels - 6901, 6893, 6888, 6877, 6865, 6850 Key Resistance Levels - 6908, 6914, 6923, 6930, 6944, 6953 IF price loses a level and you are not able to enter, wait for price to find another key level above, build a base and allow that level to become support. Then find a spot to enter for a level-to-level move. I will post an update around 10am EST. ---------------------------------------------------------------------------------------------------------------- Couple of things about how I color code my levels. 1. Purple shows the weekly Low 2. Red shows the current overnight session High/Low (time of post) 3. Blue shows the previous day's session Low (also other previous day's lows) 4. Yellow Levels are levels that show support and resistance levels of interest. 5. White shows the trendline from the August lows
CME_MINI:ES1!
by jhill1618
ES - October 29th - Daily Trade PlanOctober 29th - 6:44am *Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) * If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also! My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective. --------------------------------------------------------------------------------------------------------- Yesterday at 4:05pm I wrote the following note on the Daily Trade Plan "Price has come back down to the VWAP session price at 6922. 6917 is a good support level and any reclaim of 6923 should give us a chance to retest the 6930, 6946 levels. FOMC tomorrow and I do not anticipate price losing 6917, 6908 in the overnight session. Any flush of 6901 and reclaim should give us a nice opportunity for some points." Overnight session low was 6922 and the overnight high is 6950. We bounced off 6930 around 5:30am and have been respecting this trendline all week. Today is FOMC & Big Tech Earnings after the bell. As I have mentioned many times in my trade plans that when ES sells off you need to just get out the way. October 10th, 13th, 16th, 22nd are the 4 big sell offs we have had this month. I expect another big sell off this week or early next week. The RSI is very extended and since we have end of month in 2 days. We could easily keep moving higher. I do expect some pullbacks for us to grab points over the coming days. We could easily reach 6980 today or fill the gap of Sunday's open at 6827. That is how unpredictable FOMC can be. Usually, the first move after FOMC can be a trap. Either way, today I would not trade unless your edge presents itself. I will be trying to grab points before noon today if at all possible! Key Levels Today - 1. Loss of 6930 and reclaim 2. Loss of 6922 and reclaim 3. Loss of 6901 and reclaim with (6908 being a level to be reclaimed for a safer entry) 4. Loss of 6889 and reclaim Below these levels and we will probably be selling off pretty hard, and I would probably let price find a support level below and build a base to move higher. Key Support Levels - 6930, 6922, 6917, 6908, 6901, 6889,6878, 6867, 6857, 6841, 6827, 6812 Key Resistance Levels - 6949, 6960, 6980 I will post an update around 10am EST. ---------------------------------------------------------------------------------------------------------------- Couple of things about how I color code my levels. 1. Purple shows the weekly Low 2. Red shows the current overnight session High/Low (time of post) 3. Blue shows the previous day's session Low (also other previous day's lows) 4. Yellow Levels are levels that show support and resistance levels of interest. 5. White shows the trendline from the August lows
CME_MINI:ES1!
by jhill1618
S&P500: Rising?S&P 500 futures edged slightly lower in yesterday’s session but are expected to remain within the upward trajectory of magenta wave (5), which, under our primary scenario, is likely to continue moving higher. This advance would also complete the larger blue wave (III). Afterward, we anticipate a corrective phase in magenta wave (A), which should put renewed pressure on the index. At the same time, we are monitoring our alternative scenario, which suggests that magenta wave alt.(3) has not yet concluded. If prices drop below the support level at 6,371 points, this scenario will come into play. In that case, wave alt.(4) would likely extend further downward, reaching its low within the magenta alternative Target Zone between 6,055 and 5,822 points (probability: 30%).
CME_MINI:ES1!Long
by MarketIntel
Week 10.26 - 10.31 PrepLast Week : Last week Sunday Globex opened up inside Value over all the hourly and daily MAs signaling trend change from Fridays ON Flush and RTH Return to Value. Price pushed outside of Value before RTH and we got a push into Edge Resistance area which then gave a two day consolidation that failed back into Value after build up instead of pushing higher. Hourly/Daily MAs below provided support as we didn't have enough volume to change the trend, instead price again rotated over the MAs and grinded higher into Resistance. Thursday Globex price grinded over resistance on low Volume and held over key area which brought in more buyers with morning Data giving it a push into new Ranges Value where those buyers could sell the product. If we had strength in new range we would have continued with buying into RTH to push price at least over New Ranges Mean but instead we stalled and closed with a rejection away from the Mean to end the Day. This Week : Pushes which are made on low volume and in ON hours over/under KEY areas like range tops/bottoms especially if they proved to be good resistance/support areas previously are very likely to fail and return back at least to the initial scene of the crime which looks to be the area under 780s after Thursdays Close. Of course anything can happen and price may hold/accept in new range and we can start building up inside it to then visit higher targets later but we have been seeing topping patterns in this areas at/under 800s for quite some time and this weak push over the resistance is something to be careful with as market may be ready for correction to our HTF trend to finally start after very long run up with this being sort of blow off top move. We will have to see how the price will open/hold Sunday Globex but things are pretty straight forward from here, if we cannot hold over/around Smaller Hourly's MAs over 820 - 10 area into or after RTH then this will signal failure in New Value which can trigger next steps to show failure in New Range and from there step by step could trigger a move back for lower MAs, back into/under Edge and eventually we would target lower targets like VAL / Move Into Value, from there we have to be careful because IF we actually go through Trend Change on Hourlys up here this time around then what we could see is holds that may seem like support but with changed trend market could continue giving continuation/holds/continuations lower as Failure in New Range can trigger a return all the way back into Previous Ranges Lower Edge. Does not mean it will or will not happen in one week but will eventually get there as long as price holds under upper Edge. IF this happens then I would also warn about trend changing for a bit longer than what everyone is used to already as we may target even lower correction areas but that is HTF trend change with HTF Targets I have recently posted Daily Outlook which shows those areas. Careful with slower down days as if trend changes we would still be getting buying/covering on the way down so it may not just sell off quick and instead have more of leak lower days unless there is high volume. For us to continue with strength and show acceptance in this new range we either need to Open and continue holding/pushing through New Value or at least hold over 780 - 90s on pull back with any dips into it having strong reaction away which would take us back over 805 - 10 area if we don't get that then we need to expect weakness.
CME_MINI:ES1!Short
by HollowMn
ES - November 3rd - Daily Trade PlanNovember 3rd - Daily Trade Plan - 7:15am *Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) * If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also! My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective. -------------------------------------------------------------------------------------------------------- Last week price took out the prior week's low of 6865 and finished the day right at 6867. We gapped up last night and our overnight high is 6902 and our low is 6873 and closed the gap from the Sunday evening open. We still have a gap to be filled from last Sunday's open around 6824 area. Price is currently building a nice base at the 6893 level, and this is the same level that we had on Friday that broke out and then we sold off after the open. We can see that we have a lower low from Friday at 6843 and 6918 is the high. Technically, price needs to reclaim 6918 to continue higher. Key Levels Today - 1. Loss of 6893 and reclaim 2. Loss of 6882 and reclaim 3. Loss of 6873 and reclaim 4. Loss of 6867 and reclaim 5. Loss of 6851 and reclaim 6. Loss of 6843 and reclaim Below these levels and we will probably be selling off pretty hard, and I would probably let price find a support level below and build a base to move higher. Key Support Levels - 6893, 6888, 6882, 6873, 6867, 6859, 6851, 6843 Key Resistance Levels - 6902, 6908, 6914, 6918, 6923, 6930, 6944, 6953 As of writing this post, 6893 has been building a nice base that should give us a move higher, any price action that clears 6902 prior to 9:30am open, and then can't hold that level, we should expect price to potentially move lower. Let's see what happens at the open, but my general lean is that IF price can clear 6918, it should give us higher prices in the coming days. IF we lose, 6843, we will probably flush pretty quickly lower. I will post an update around 10am EST. ---------------------------------------------------------------------------------------------------------------- Couple of things about how I color code my levels. 1. Purple shows the weekly Low 2. Red shows the current overnight session High/Low (time of post) 3. Blue shows the previous day's session Low (also other previous day's lows) 4. Yellow Levels are levels that show support and resistance levels of interest. 5. White shows the trendline from the August lows
CME_MINI:ES1!
by jhill1618
Successful Forex Trading1. Understanding the Forex Market The forex market operates 24 hours a day, five days a week, across major financial centers like London, New York, Tokyo, and Sydney. Currencies are traded in pairs such as EUR/USD, GBP/JPY, or USD/INR, where one currency is bought while the other is sold. Forex prices fluctuate due to various factors—economic indicators, geopolitical events, interest rate changes, and global demand for currencies. A successful trader understands that the forex market is influenced by both technical and fundamental dynamics. 2. The Foundation: Education and Knowledge Knowledge is the backbone of successful forex trading. Before risking money, traders must learn how the market works, understand price action, and study trading tools. Beginners should grasp basic concepts such as: Pips and lots: The smallest unit of price movement and standard trade size. Leverage and margin: Borrowed capital that amplifies both profits and losses. 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Key indicators include: Interest rates – Currencies with higher interest rates tend to attract more investors. Inflation and GDP data – Indicate economic health and purchasing power. Employment reports – Such as U.S. Non-Farm Payrolls, which can cause sharp volatility. Geopolitical stability – Political crises can weaken a nation’s currency. Successful traders often blend both technical and fundamental analysis to make informed trading decisions. 6. Risk Management: Protecting Capital No matter how skilled a trader is, losses are inevitable. The key is to control risk so one bad trade doesn’t wipe out the account. Effective risk management includes: Position sizing – Risking only 1–2% of trading capital per trade. Stop-loss orders – Automatically closing trades at a predetermined loss level. Diversification – Avoiding concentration in a single currency pair. Avoiding over-leverage – High leverage amplifies both gains and losses. Successful forex traders focus more on capital preservation than on quick profits. As the saying goes, “Take care of your losses, and profits will take care of themselves.” 7. The Psychology of Trading Emotions are a trader’s biggest enemy. Fear and greed often lead to irrational decisions, like exiting trades too early or chasing losing positions. To succeed, traders must cultivate: Discipline: Stick to the trading plan and rules consistently. Patience: Wait for high-probability setups rather than forcing trades. Confidence: Trust in analysis and avoid self-doubt after losses. Emotional control: Accept losses as part of the process. Maintaining a trading journal helps track performance, recognize emotional triggers, and improve over time. 8. Using Technology and Trading Tools In today’s digital era, technology plays a massive role in forex trading success. Platforms like MetaTrader 4/5, cTrader, or TradingView offer real-time data, charting tools, and automated trading options. Successful traders also use: Economic calendars to track important news events. Algorithmic trading systems for consistent execution. VPS hosting to reduce latency for automated strategies. Staying updated with fintech innovations gives traders a competitive edge in execution speed and market insight. 9. Continuous Improvement and Adaptation The forex market is dynamic—strategies that worked yesterday may not work tomorrow. Therefore, traders must constantly adapt. Successful forex traders regularly: Review past trades to learn from mistakes. Refine strategies based on changing volatility or trends. Stay updated on global economic developments. Seek mentorship or community support to exchange insights. Flexibility and adaptability ensure that traders survive both bullish and bearish cycles. 10. Building Long-Term Success Successful forex trading is not about overnight riches—it’s about consistency, patience, and growth. The most successful traders: Focus on steady returns rather than big wins. Maintain discipline in both winning and losing streaks. Keep records of all trades for analysis. Continue to learn, adapt, and evolve with the market. They treat trading as a business, not a hobby—an enterprise requiring planning, analysis, and emotional balance. Conclusion Success in forex trading is a journey that combines knowledge, discipline, strategy, and self-control. It’s not about predicting every market move but about managing risks and maximizing opportunities. A trader who focuses on education, follows a tested strategy, controls emotions, and practices sound risk management can thrive in the volatile world of forex. The essence of successful forex trading lies in one rule: “Trade smart, not hard.” With persistence, patience, and proper planning, anyone can achieve consistent profitability and long-term success in the global forex market.
CME_MINI:ES1!Education
by GlobalWolfStreet
Week 11.03 - 11.07 Prep Last Week : Last week we opened on a gap above Value and made a push over Edge top where we found our top and larger sellers for the week. Return to above VAL provided selling back into and eventually under the Edge. Holding under the Edge got us under MAs and changed the trend from uptrend to downtrend on 30m and 1h Time Frames, 2hr and 4hr frames only changed into correction without fully changing into downtrend. Holds under the Edge also provided good sells into lower VAH/Value for the gap fill towards end of the week when we got Month End profit taking but we were not able to fill the gap, instead we ran out of Supply Friday Midday and got end of the week short covering which drove price back out Value without filling the gap or staying in Value. This Week : So far this week we have again opened over Value and have been balancing between VAH and Edge in Globex, right now Edge again provided good sell back towards VAH and it may seem like it can continue selling but this will be the area to be careful at, at least to start the week as we are starting New Month, New week and it would be best to see what order flow we get, of course it is possible that we just continue lower right away but also this could be an area where we will see more covering above the Gap which can keep price over it and eventually once selling slows down could give another rotation towards/into and possible over the Edge. As mentioned last week we are currently inside 915 - 875 +/- Intraday Range with 900 - 890 being its mean and price can stay within this range until it accepts under 870 - 65 areas without popping back over 75 then we know we have accepted in lower Intraday Range of 870 - 830 and can continue through its targets which would be 855 - 845 Mean area and down into/towards 830 - 20s. If we do hold this current range we are in then it is still possible that it will bring more buying as buyers like to start getting in once price holds which could still push us up towards/over the Edge and maybe even back towards above VAL, how far over Edge we get would be determined by order flow IF it happens but this will be the spots to be careful on the long side instead of getting excited for new ATH or continuation over previous one even if we take it out. Our bigger sellers will still be lurking over the Edge and closer to above VAL which means if we see a push out we could either see a quick or after consolidation return back under the Edge. For price to change things back into stability or strength from here we would need a strong push over VAL with Medium/Larger MAs following behind us for support to be able to hold the price in/around new Value to show acceptance in New Hourly Range, unless this happens we have to keep thinking that top is in for now and look for return trips away from it which would make price want to return to previous Value. If we do get strong selling continuation today/tomorrow through 70 - 65 and keep it under then of course we will go with that and keep targeting the Mean/Gap fill and push under the Mean but unless you see clear selling under 70 - 65 careful looking for too much continuation from here early on, it might take few days to decide what we will do and get ready for a good move into lower Value which maybe happen either from above the Edge or once we hold under it long enough and change trend on 2hr and 4hr Frames.
CME_MINI:ES1!
by HollowMn