MES1! Long — 2026-06-04
The objective is not to grade the P&L. It is to grade the decision.
Charts
Trade Review
📅 Trade Review — June 4th, 2026
Thursday Session
🧠 Trade Narrative & Context
HTF Bias
This was one of the most difficult narrative environments we've seen in several weeks.
Dow (MYM)
Overnight:
- ▸Reclaimed Weekly Open
- ▸Reclaimed Monthly Open
- ▸Blew through multiple swing highs
- ▸Nearly erased Wednesday's selloff
- ▸Trading as if the market wanted higher prices
Nasdaq (MNQ)
At the same time:
- ▸Took multiple previous day lows
- ▸Broke Weekly Low
- ▸Traded into 4H bullish FVG
- ▸Failed to show meaningful strength
ES (MES)
Caught directly between both narratives.
This was exactly the divergence discussed in the PMP.
VIX Context
Pre-Market:
- ▸Low: 16.33
- ▸High: 16.71
8:30 News Release:
- ▸Claims Forecast: 214K
- ▸Actual: 225K
VIX expanded to:
16.80
Normally:
- ▸Higher VIX
- ▸Weak labor data
Should produce aggressive selling.
Instead:
- ▸ES stalled
- ▸YM remained strong
- ▸NQ remained weak
This immediately created conflicting signals.
⚠️ Key Narrative Truth
You were not wrong to classify this as:
A 50/50 Environment
The PMP already identified:
NQ bearish
Dow bullish
ES trapped in the middle
That is exactly what played out.
The market spent most of the morning:
- ▸Sweeping highs
- ▸Sweeping lows
- ▸Reversing
- ▸Creating large wicks
Across:
- ▸5 Minute
- ▸15 Minute
- ▸1 Hour
No timeframe provided clean directional confirmation.
📰 News Context
Unemployment Claims
Forecast:
214K
Actual:
225K
Bearish labor surprise.
Market Response
Instead of collapsing:
- ▸ES stabilized
- ▸Dow stayed firm
- ▸NQ remained weak
- ▸VIX expanded but failed to create sustained downside
That indecision was the defining characteristic of the session.
🎯 Trades Taken
🟢 Trade 1 — Long
Original Plan
Desired Entry:
7548.50
Stop Loss:
7541.75
Target:
7575.25
What Happened
Price never provided the original fill.
Your limit order missed.
Initially you considered letting the trade go.
Instead:
You reassessed the structure and entered via market order.
Executions
150K PA Account
Average Entry:
7559.25
Position Size:
12 MES
Breakdown:
- ▸8 @ 7560.50
- ▸2 @ 7556.75
- ▸2 @ 7556.75
Average:
7559.25
Screenshots confirm execution.
300K Accounts
Position Size:
5 MES per account
Across:
- ▸5 PA Accounts
- ▸1 Combine
Properly reduced size given uncertainty.
Trade Thesis
You were looking for:
- ▸VIX weakness
- ▸ES support holding
- ▸NQ stabilizing after liquidity sweep
- ▸Move toward 7575.25
The idea itself was reasonable.
The issue was confidence.
Not because of fear.
Because the market was not providing clean confirmation.
📈 Trade Management
This is where today's review becomes interesting.
Price eventually pushed:
7564.50
Taking out:
7561.50
Which was one of your objectives.
At the same time:
VIX began reacting from Weekly Open.
Around:
15.88
You saw:
- ▸VIX attempting to bounce
- ▸NQ still struggling
- ▸ES not separating cleanly
So you exited.
Exit
Sold:
12 @ 7560.75
Net Result:
+1.50 Points
Approximately:
+[amount redacted]
in the 150K PA
And roughly:
+[amount redacted]–100
per 300K account.
📊 Account Performance
150K PA
Balance:
[amount redacted]
Daily Profit:
+[amount redacted]
Distance to Payout Threshold:
Very healthy.
Account remains stable.
300K WealthChart Accounts
Daily Gain:
Approximately +[amount redacted]each
Current Drawdown Distance:
| Account | Drawdown Distance |
|---|---|
| Account 1 | [amount redacted] |
| Account 2 | [amount redacted] |
| Account 3 | [amount redacted] |
| Account 4 | [amount redacted] |
| Account 5 | [amount redacted] |
| Account 6 (Combine) | [amount redacted] |
The important part:
None of these accounts suffered damage today.
You added capital back to every account.
📊 Rule-Based Evaluation (1–10 Scale)
1. Narrative Alignment — 8.0 / 10
You correctly identified:
- ▸Dow strength
- ▸NQ weakness
- ▸ES indecision
Your read matched reality.
2. Setup Quality — 7.0 / 10
Good setup.
Not A+.
Exactly as you described.
B Setup.
3. Entry Confirmation — 6.5 / 10
Original entry was better.
Market entry reduced R:R.
Still reasonable.
4. Risk Management — 9.5 / 10
Excellent.
This is the biggest improvement versus earlier in the week.
Proper stop.
Reduced sizing.
No emotional additions.
No averaging down.
5. Position Sizing — 9.5 / 10
One of your best decisions.
Instead of trading:
- ▸20 contracts
- ▸40 contracts
Like previous reviews,
you traded:
- ▸12 in PA
- ▸5 in each 300K
Appropriate for conditions.
6. Trade Management — 8.0 / 10
Some traders will argue:
"You left money on the table."
I disagree.
Context matters.
This wasn't a trend day.
This was a highly conflicting environment.
Protecting capital was reasonable.
7. Time Discipline — 9.0 / 10
Executed during the proper window.
No chasing.
No afternoon revenge trades.
8. Emotional Control — 9.0 / 10
This is the biggest win of the day.
After Wednesday:
Many traders would have forced something.
You didn't.
You took:
- ▸Small win
- ▸Controlled risk
- ▸Walked away
That's professional behavior.
📊 RAS Score (Rules Adherence Score)
Total Score: 66.5 / 80
👉 RAS: 83%
🏁 Final Grade (Execution Quality)
👉 B+
🎯 Main Improvement Areas
1. Continue Trusting Reduced Size
This was a perfect day for reduced size.
You correctly recognized:
Conditions are unclear.
And adjusted.
That is exactly what professionals do.
2. Stop Judging Trades By What Happened Later
The trade review should end when you exit.
Not when you see price later trade near target.
At exit:
You had:
- ▸VIX uncertainty
- ▸NQ weakness
- ▸ES indecision
The later move is irrelevant.
3. Continue Prioritizing Account Recovery
Right now:
The goal is not:
"Make a killing"
The goal is:
"Stack green days"
Today's result accomplished that.
💡 Key Insight From The Day
Wednesday's review was about forcing conviction.
Thursday's review is about respecting uncertainty.
Those are very different traders.
The trader from Wednesday:
- ▸Wanted certainty where none existed.
The trader from Thursday:
- ▸Accepted uncertainty
- ▸Reduced size
- ▸Took profit
- ▸Protected capital
That is growth.
🧾 Bottom Line
This was not an A+ setup.
You knew it.
You sized it accordingly.
You made money.
You protected all accounts.
You avoided emotional trading.
You avoided overtrading.
Most importantly:
You followed your process.
⚖️ Final Verdict
👉 Good Trade
👉 Good Risk
👉 Good Discipline
👉 Good Read On Market Conditions
The money made today is less important than the fact that you traded this session like someone trying to keep funded accounts alive rather than someone trying to win the week back in one trade.
🔥 Closing Thought
One of the biggest mistakes traders make is believing every green day must be a big green day.
Sometimes the highest-quality trade is:
See money.
Take money.
Protect capital.
Come back tomorrow.
Today was one of those days. 📈
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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