MES1! Short — 2025-02-12
The objective is not to grade the P&L. It is to grade the decision.
Charts
Trade Review
2/13/25 $MES took two setups based on price trading through the 4H-FVG on the CPI news release. The drop took price near the wop but didn't actually tap it. Price then retraced back into the 4H-FVG and this is where I was looking for my setups from. The initial trade was a loss after seeing a 1m+FVG which I got ahead of myself on and predicted more than I reacted on. We did trade back into it but we didn't breach and +CHOCH and instead continued to push up. I was looking for price to reject from the 4H-FVG(L) and we pushed up to the 4H-FVG(M).
I took the L and I waited for the reaction off of the 4H-FVG(M) where we got all phases of the setup and dropped. I could have reacted better because I knew that it would workout I was going in a little too heavy so after entering I immediately sized down my trades to something a lot more comfortable. I also did a good job scaling out of my trades by taking partials.
Price didn't follow through and never continued to take out the WL SSL. We actually reversed and recovered all of the entire move.
Entry: 6053.50, 6057.75 SL: 6062.50, 6064.50 Target: 6040,6034,6025,6016.75 Adjusted SL: 6057,6064.50
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.
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