ES1! Long — 2025-01-06
The objective is not to grade the P&L. It is to grade the decision.
Charts
Trade Review
1/6/24 $ES $MES Wanted to take this trade from the 1H+OB but this moved while I was on the meeing and there was not a alot to confirm the entry. I used the 5m+OB at the PWH as an entry signal and confirmation to take a cheap trade from the wick high of the +OB. This setup is inside of a 4H-FVG and the setup came in between the FVG(L) and the FVG(M) at the qaurter point so I only wanted to see that we at least hit the FVG(M) which we did. I don't see much of a catalyst for this move but I could have left the BE in place to see how far it would run.
This was like a C+ to B- setup and I wasn't really sold on this because of the Day of the Week and the light news today. Also, the swing down at 9:15am into the 1H+OB only tapped and ran away and I was considering a deeper return into the wick it left behind.
Chart Links
Cory publishes the working thesis before the session, not after — this Playbook and Trade Review are part of that same documented process. No signals, no highlight reel.
Read the full story →