5/5 #ES_F $ES_F #Emini #NQ_F #Futures

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  • Setup Instructions -USE MVV to determine momentum = Red/Green for sentiment – 24 hour/Globex for first 45m to hour then use RTH new profile for sentiment
  • Longer Term Expectations – Hovering above 2365 winding tight for expansion higher is my guess- bullish while above the previous balance which starts in the 2372 area

Strategy -Always Apply MVV & VPOC shifts for Sentiment & Risk. Use ONVPOC and 24hour VWAP as a sentiment guide. After 45m minutes of the RTH session use the RTH VWAP and VPOC as sentiment guide & Adjust Risk after 1st Target is hit.

  • Value Area Trade Setup  suggest waiting for reaction at POC/VPOC then entering after – POC/VPOC often acts as support/resistance and should allow a tighter stop / better entry after initial reaction.
  • When open below VAL and move to POC, 63% of time it continues to VAH. When open above VAH and return to POC, 67% of time continues to VAL.

    Value Area Stat Trade 5/5 – Same as 5/4 Tight area – not good risk/reward

  •  ES_F YHI  2387.75   YLO 2376.25
  •  ES_F Overnight High 2390.75 Overnight Low 2379
    • Bull  > After pullback into 86 back above 88.50 bullish < 83 Bearish
    • Bull Area – > 91 expecting tag of NVPOC 2396 – target 93 and 95.50 – if we pullback into 86 area use the setup again
    • Bear Area-  Below 78 retrace into 75 (scale) and GAP fill 70.25 NVPOC tag 70.50 – EXIT 71- Use again
    • Previous Days Sentiment and Overnight Session
      1. Volume – Lower
      2. VPOC – Higher & Value Area – OverLap Higher
      3. Direction – Higher
      4. Overnights – Balanced SUPER tight range

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If a setup does not trigger- Carry it into the Globex session.

  • Levels refer to ES Chart attached
  • NVPOCs & GAPs are often targets or turning points of support or resistance
  • GAPs  70.25, 47.50, 33.50, 27.75
  • NVPOCs 2396, 84.25, 70.50, 55.50, 46.50
  •  ES CHART – ES55
  • NQ Chart – NQ55