Preview
Discretionary trading offers traders the flexibility to make informed decisions based on market conditions rather than rigid rules. Our trading system applies this approach specifically to the Micro E-mini S&P 500 (MES), one of the most accessible futures instruments available.
The strategy is built around two fundamental pillars: variable-size range bars and price action. Range bars, which remain consistent within a single trading session but adapt across days, provide clarity in volatile markets. Paired with price action, this system leverages naturally occurring market swings to capitalize on sudden directional shifts—always aligned with the primary trend.
Notably, this strategy avoids reliance on any indicators, whether free or premium. Instead, it prioritizes pure price movement and simplicity. While backtesting was conducted using a single contract to ensure accurate validation (accounting for all commission costs), traders can easily adjust the number of contracts or tweak risk-reward management to fit their individual needs. This flexibility is one of the key advantages of discretionary trading, allowing such modifications to be implemented with minimal effort.
For subscribers, we delve deeper into the optimized take profit, stop loss levels and refined entry techniques designed to enhance your trading edge. The resulting performance can be seen at the following video: Youtube
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