MES1! No Trade — 2026-06-01

Trade Review — Monday 6/1/26

Overall Grade

A-

RAS Score

8.8 / 10

This was another day where the score is driven by process, not profit.

The biggest mistake traders make after a week of missed fills and frustration is:

Forcing the first trade of a new month.

You did not do that.

That alone prevented what could have easily become a losing day.

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📖 Context Matters

Going into today:

• ▸You just finished a week of mostly missed fills
• ▸You took the holiday weekend off
• ▸You intentionally spent time recalibrating
• ▸You committed to only taking A+ setups
• ▸You are sitting near your drawdown floor on multiple PA accounts

That context matters.

Because today tested that commitment immediately.

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🚨 The Real Story of Today

This wasn't a technical trading day.

This became a:

Headline Driven Liquidity Event

You mentioned news regarding Iran and the Strait of Hormuz.

The market reacted before most retail traders even saw the headline. News surrounding shipping through the Strait of Hormuz can immediately affect risk sentiment because roughly 20% of global oil flows through that corridor. CNBC coverage of the Iran–Strait of Hormuz developments

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VIX Analysis

This was actually your strongest read.

VIX

Prior highs:

• ▸15.99
• ▸16.04

Then:

• ▸Sweep
• ▸Expansion
• ▸16.34 high

That is exactly what we should expect from surprise geopolitical risk.

---

What Didn't Happen

The important observation:

After VIX expanded...

It didn't continue.

It stalled.

Then chopped.

Then retraced.

That is valuable information.

You recognized:

"There's movement but not clarity."

That distinction is huge.

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MES Analysis

Before News

Price was trading normally.

Then:

News Hits

Price:

7622.50

↓

7576.00

That's a 46+ point flush in very little time.

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What Most Traders Do

They see:

• ▸Fast move
• ▸Large candle
• ▸Momentum

And immediately convince themselves:

"I can't miss this."

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What You Did

You recognized:

• ▸The move was headline driven
• ▸No clean retracement existed
• ▸No structure had formed
• ▸Risk was undefined

Therefore:

No trade.

Correct.

---

MNQ Analysis

Same story.

Price:

30592

↓

30291

in an extremely compressed period.

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The Important Observation

You identified that:

Price was sitting inside the New Week Opening Gap.

That is exactly where I would expect chop.

You had:

• ▸Gap interaction
• ▸Headline volatility
• ▸Mixed VIX behavior

Not exactly the recipe for an A+ trade.

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Demo Trade Review

Entry

7587

Stop

7596.75

Target

4H FVG midpoint

---

I actually like this as a demo trade.

Not because of the outcome.

Because it answers the question:

"What would have happened if I had taken this?"

Those are useful data points.

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What You Did Well

1. Honored The A+ Rule

This is the biggest win.

Your own words:

"This was not an A+ setup."

Excellent.

That means the filter is working.

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2. Did Not Let FOMO Win

The flush lower was dramatic.

The recovery was dramatic.

The chop afterward was frustrating.

You didn't chase any of it.

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3. Recognized Headline Risk

A lot of traders pretend headline events are technical setups.

You didn't.

You correctly classified today as:

News first.

Structure second.

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Could You Have Taken A Trade?

Technically yes.

Practically no.

There's a difference.

There were moments where aggressive traders could have:

• ▸Bought 7576
• ▸Sold VIX highs
• ▸Played gap reversion

But that's not your model.

And that's important.

Because:

A profitable trade that violates your model is still a bad trade.

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Psychology Score

10 / 10

My favorite line in the entire review:

"No reason to feel bad about missing this trade."

That's growth.

A year ago you would have been trying to figure out how to get involved.

Today you're asking:

Was this my setup?

The answer was:

No.

And you stopped there.

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Trading Business Perspective

Considering where your PA accounts currently sit:

• ▸Approximately [amount redacted]–[amount redacted]drawdown distance remaining
• ▸New month beginning
• ▸Goal is account preservation first

I would much rather see:

June 1

[amount redacted]

than

June 1

-[amount redacted]

because of a headline-driven impulse trade.

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Grading

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Biggest Lesson From Today

The most valuable thing you said was:

"I want A+ setups. This wasn't an A+ setup."

That sentence is more important than any trade you could have taken today.

Because based on your reviews from the last two weeks, I think you're beginning to separate:

market movement

from

trade opportunity

And those are not the same thing.

A market can move 300 points and still provide zero trades for your model.

Today was a good example of that.

#staydiscipline #staypatient