Textbook example of my RIMC setup on ES today

Been posting my framework in bits and pieces, figured I'd share a live example since this one played out clean.

Price pulled back into what I call the RIMC level (basically the demand zone left behind after the prior break of structure), then gave me a 15 second BOS confirming price wanted to continue higher instead of reversing. That confirmation is what triggered the entry for me, not just the pullback into the zone on its own.

Moved to breakeven once price swept the prior highs, then held into full profit as it ran another few handles higher before reversing.

Nothing revolutionary, just a clean case of waiting for confirmation instead of guessing at the zone. Curious if others wait for a lower timeframe BOS like this before committing, or if you're comfortable entering just off the zone itself.

https://preview.redd.it/yi2xl5xwpmbh1.png?width=1143&format=png&auto=webp&s=0477e9c36e1d1cf0ccfc9320d4d7a0c01c4823ef

https://preview.redd.it/sl37ietxpmbh1.png?width=1143&format=png&auto=webp&s=42cce17990ce6c917cff439d2b84ac82d1abc1e7

reddit.com
u/TheTradingTeddy — 2 hours ago

12 ES trades in June, 75% win rate. The number that actually mattered wasn't the win rate

Traded ES on 15s-1m charts through June, 12 trades total, 9 winners. $1,669 net on my Apex eval, so no real money on this one yet, just want to be upfront about that since most posts here bury it.

Went back through the stats after the month closed and one thing stood out. My winning trades ran 6+ minutes on average. My losing trades closed in under 2 minutes, one of them in under a minute. I didn't plan that, it just showed up when I looked at the data.

Kind of makes sense in hindsight. When I'm right, price usually confirms it slowly and I let it run. When I'm wrong, it's obvious almost immediately and I'm out. The one trade that hurt the most (biggest drawdown of the month) was actually one where I hesitated on a good exit signal for close to 3 minutes second guessing myself.

Also only took 12 trades the whole month, which was on purpose. I'd tracked before that my 1-trade days ran around 74% win rate and my 4+ trade days dropped to under 40%, so I just started capping it.

https://preview.redd.it/ip7rznup6hbh1.png?width=1080&format=png&auto=webp&s=fdfcc1fefaeb61dc008cfdfd11c69210ce62ed03

reddit.com
u/TheTradingTeddy — 21 hours ago

12 ES trades in June, 75% win rate. The number that actually mattered wasn't the win rate

Traded ES on 15s-1m charts through June, 12 trades total, 9 winners. $1,669 net on my Apex eval, so no real money on this one yet, just want to be upfront about that since most posts here bury it.

Went back through the stats after the month closed and one thing stood out. My winning trades ran 6+ minutes on average. My losing trades closed in under 2 minutes, one of them in under a minute. I didn't plan that, it just showed up when I looked at the data.

Kind of makes sense in hindsight. When I'm right, price usually confirms it slowly and I let it run. When I'm wrong, it's obvious almost immediately and I'm out. The one trade that hurt the most (biggest drawdown of the month) was actually one where I hesitated on a good exit signal for close to 3 minutes second guessing myself.

Also only took 12 trades the whole month, which was on purpose. I'd tracked before that my 1-trade days ran around 74% win rate and my 4+ trade days dropped to under 40%, so I just started capping it.

https://preview.redd.it/qf4f48nmcfbh1.png?width=1080&format=png&auto=webp&s=667ce6687e99c83b10e6a3b6535b00fbf7bc4383

Curious if anyone else has looked at how fast their losers close compared to their winners. Feels like it could be a decent signal for whether you're cutting fast enough, or maybe cutting too fast.

reddit.com
u/TheTradingTeddy — 1 day ago

ES short today off the RIMC level - full breakdown inside

Pretty straightforward session today on ES. 1m trend was bearish from the open so the bias was locked in early, no reason to look for longs, shorts only.

Waited for price to pull back into the RIMC level which it did cleanly. Got the 15 second BOS to confirm sellers were still present and took the short entry.

From there price dropped with minimal pushback and ran clean to target. No real stress on the trade, no adjusting the plan mid-trade. Entry was right, target was right, just let the system do the work.

Closed out at 7432.5

The thing I want to highlight here is the patience side of it. A lot of people would have tried to short the initial drop at the open or chased something earlier in the session. Waiting for the pullback back into the level and getting the structure confirmation on the lower timeframe is what separates a clean entry from a random one.

https://preview.redd.it/tocmhc2zlg9h1.png?width=1431&format=png&auto=webp&s=f2d52b709bb69b79bdca5fc54a3b1614ede34a8c

https://preview.redd.it/c1ebndlzlg9h1.png?width=1400&format=png&auto=webp&s=b1b87f45616464db730e82cbfe893547e49d9c22

reddit.com
u/TheTradingTeddy — 11 days ago

BTC short off iFVG yesterday.

Trend was bearish on the 1m all session so bias was never really a question. Waited for the pullback into the RIMC level and got a clean iFVG entry with a demand to supply flip as the trigger. That's about as high quality as entries get for me, trend confirmed, level confirmed, trigger confirmed.

Trade pushed in the right direction and made a new lower low so I moved the stop to B/E. Standard procedure at that point, protect the trade and give the runner room.

Wasn't at the charts when it hit demand below. No partials taken, runner got stopped at B/E and fees ate into it slightly so technically ended up a few dollars red.

Nothing wrong with the read or the execution. The setup was clean, the management was correct up until the exit. Sometimes you're not there for it and that's just part of trading around a life.

The B/E stop did exactly what it's supposed to do. Kept the loss to almost nothing on a trade that could have easily gone wrong. A process that keeps you near flat on missed trades is still a good process.

Happy to answer questions on the setup.

https://preview.redd.it/u77nngk4dg9h1.png?width=1120&format=png&auto=webp&s=0eca92f174d386a7b947debc21fb977fbf50542a

reddit.com
u/TheTradingTeddy — 11 days ago

BTC RIMC Short Breakdown

Been trading the NY PM session exclusively for a while now and today was one of those days where everything just clicked.

1m trend was bearish all session, no real pushback from buyers anywhere. Noticed we got a bearish trigger wave on the 1m which for me is the confirmation I need that sellers are still in control. That locked in the bias, shorts.

Price then retracted up into the RIMC level. Got the iFVG on the way down and that was the entry. Target was the demand zone below, didn't touch it until close to the target which made management straightforward just let it run.

Entry 62,303 close 62,157.

Posting this because I see a lot of people on here overcomplicating their approach or jumping between strategies. For me it comes down to three things every session: what's the trend, where's the key level, did I get confirmation. If all three line up I take the trade. If they don't I sit on my hands.

Happy to answer questions on the setup if anyone's curious.

https://preview.redd.it/zo8403x3c99h1.png?width=1080&format=png&auto=webp&s=3f0c4069d804c8f57c0e87954aa4a79f9f7b4c67

reddit.com
u/TheTradingTeddy — 12 days ago

BTC short, why I took partials instead of holding for the full target

Bearish bias going into this session based on price action on the lower timeframes, clear lower highs forming. Got short around 62,640 when price swept a minor high and gave a iFVG confirmation on the 1m.

Trade pushed down nicely into the first target zone. Here's the part I think gets overlooked a lot. instead of holding the full size for a bigger move, I took 50% off at the first target.

Good thing I did. Price reversed, ran the stop on the runner, and closed it at breakeven. If I'd held the full position, this trade would be a B/E and a loss with fees. But because half was already locked in, it ended up a small green trade instead.

This is basically the case for partial exits in one chart. The market doesn't owe you the full move. When you don't get it, you want money already secured rather than betting it all on a continuation that might not come.

Closed average: 62,604. +1.86% on the position.

Chart attached, curious if anyone manages targets differently on similar setups.

https://preview.redd.it/484e3kq6tl8h1.png?width=1120&format=png&auto=webp&s=6a899767578af6fcffab8b4fa967a1bbd6443d44

reddit.com
u/TheTradingTeddy — 15 days ago