FT400 ES/SPX Futures Trading - Setups/Levels

FT400 ES/SPX Futures Trading - Setups/Levels

Thoughts for Thursday 4/6/23

Last trading day of the week.

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ft400
Apr 05, 2023
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Traders, hope you had great day today. Do note that Friday futures market closes at 9:15 EST due to Good Friday holiday. To recap today, we went with bearish view on globex below 4136 yesterday night. Following summarizes today’s night and RTH session.

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Futures Trader @FutureTrader400
We had short setup in Globex against 4136 and price obeyed our script provided in sub stack and telegram yesterday night. We stayed short from RTH open which paid decently. We defined No trade area range for power hour so if you are ping pong player you can play that. πŸ˜†#ES_F https://t.co/DurvV8Zj8K
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Futures Trader @FutureTrader400
E-mini Futures with Price action & Order flow: Thoughts for Wednesday 4/5/23 https://t.co/n3YhLQIiwv
8:41 PM βˆ™ Apr 5, 2023

This is what I posted yesterday night.

Econ Tomorrow:

I suggest to not trade night session from 10 pm to 2 am chop. If action has to happen than it will happen before 10 pm or after 2 am EST. You can generally play short on top level provided for nightly range and long on lower level of nightly range after 2 am or 3 am. But get out of the way if it rips or drops thru levels and wait for new opportunity or flip. And of course never add to loser and better yet cut it and reset.

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Sub stack subscription does not include real time telegram alerts it only includes this nightly news letter with levels and possible setups. For real time alerts please go to https://futuretrader400.substack.com/about

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