Futures Trading - Feb 6 Plan

$ES_F and $NQ_F - Trading the S&P500 and Nasdaq 100 futures - Contextual analysis, setups, charts, detailed trade plans and recaps from the previous session to demonstrate my system.

Feb 06, 2025

∙ Paid

$ES_F $SPY $SPX #Futures #Stockmarket #DayTrading #Investing #sp500trading #futurestrading #MarketAnalysis #NQTrading #ESTrading #SPY #QQQ #RTY #DIA

📁_$ES_F // Yesterday’s Plan in Review

63 points from the dip into projected level 2 of my Three Level Trade Plan, as I was looking for a higher low to set up a push higher.

Every day I send out a Three Level Trade Plan as a roadmap for the coming session. Here is a copy of yesterday’s plan. Trade recaps and journal were sent with yesterday’s closing update.

📁_$ES_F // For the Coming Session

I contrive my daily trade plan from my signature Dynamic Trend Following system, with the EMA Dance concept leading the way.

D1 EMA9 rejection failed and buyers in full control again. The plan was line to line moves along H1 EMA9 and that is working. When H1 EMA9 uptrend ends now, we need to see H1 EMA50 support price, confirm a backtest of D1 EMA9 for a higher low, setting up a break out attempt.

Acceptance above $6102 sets up the break out to all time highs.

Today’s Three Level Plan sets it up, here is the setup chart, detailed Three Level Trade Plan in today’s paid section.

Nasdaq 100 Futures

$NQ_F $QQQ $NDX #Futures #Stockmarket #DayTrading #Investing #sp500trading #futurestrading #MarketAnalysis #NQTrading #ESTrading #SPY #QQQ #RTY #DIA

📁_$NQ_F // Yesterday’s Plan in Review

321 points from the higher low into projected level 2 of my Three Level Trade Plan, even though we didn’t get the contraction that I was hoping for, we did get the anticipated follow through. Tough session, with only M10 setups paying, and the lower timeframes generally lacking follow through. H1 EMA9 uptrend and price arrived at the projected target overnight.

Every day I send out a Three Level Trade Plan as a roadmap for the coming session. Here is a copy of yesterday’s plan. Trade recaps and journal were sent with yesterday’s closing update.

📁_$NQ_F // For the Coming Session

I contrive my daily trade plan from my signature Dynamic Trend Following system, with the EMA Dance concept leading the way.

Reclaiming D1 EMA9 during Tuesday’s session confirmed yesterday, with buyers once again in full control. Price action hasn’t been easy, I’m sure you’ve noticed, but as long as we stick to our rules and wait for our setup models, we take home what we need for our families.

H1 EMA9 uptrend, has to turn before price can pull back. Target reached and price currently at an exit area. When H1 uptrend ends, H1 EMA50 has to support price to prove to us that H4 EMA9 wants to lead.

Acceptance above $21820 targets $22246 and the all time high.

H1 EMA9 is key, line to line moves along my Three Level Trade Plan.

Today’s Three Level Plan sets it up, here is the setup chart, detailed Three Level Trade Plan in today’s paid section.

Live charts and plan updates in the Barkworthy Discord (additional subscription).

Tradingview

Don’t have a Tradingview subscription yet? Please use my referral link: https://www.tradingview.com/pricing/?share_your_love=Barkworth

Then copy My Chart Layout and Indicators: Copy Barky’s Setup.

Beginners

Study my risk management instructions. There is no room for enthusiasm in trading. If you are serious about this, you will standardise your risk per trade. Remember that patience is key. This is a marathon, not a sprint. Keep a steady pace, and don’t make exceptions. Most people blow their emotional capital because they are impatient. You can grow a $100 account into $1000 in just 10 to 20 trades, but the majority of traders can't do this because they are impatient and start taking too much risk, giving back gains from earlier trades and destroying their confidence. Focus on % not $.

Remember, in most ventures in our world the difference between success and failure is most often just the ability to push through. All of you are well on your way to achieve life changing goals.

Barky’s Three Level Trade Plan

The daily trade plan always offers a set of the most important levels and highlights three levels as key:

“1” marks the break out level for continuation higher. If level one is lost, short to level 2, and look for a higher low to buy the dip;
“2” marks the bull/bear line of the current price action. Bullish above, bearish below. Higher lows can be bought above level 2, lose and reclaim triggers long back to level 1, but when level 2 is lost, short towards level 3;
“3” marks the break down level and the final ‘lose and reclaim’ opportunity for buyers. Acceptance below confirms a bearish reversal and a downtrend.

How to enter

When price hits a pre-planned level, I look for one of my entry models to set up a directional trade (continuation or reversal) to execute in line with my strict rules for risk and position management.

Below is a basic diagram of the entry model concept. It always sets up the same way and once price looks below or above, we have what we need to define risk and consider participation.

The model is extremely consistent, always looks the same, no exceptions, and sets up several times every single day. To demonstrate the system’s consistency, I share charts and recaps of theses entries with my trade journal at the end of every session.