Joshua Thompson

FAILED BREAKDOWN TRADING: Builder turned ES Futures Trader | Price Action • Levels • Structure | Sharing the process — not advice

[Joshua Thompson @JKThompsonES]

Failed Breakdown Trading:

The strategy itself is simple. The hard part is the human condition.

Impatience. Greed. FOMO. Prediction addiction.

Most traders force trades. FBD trading forces: wait & react.

“Price does this, I do that.”

Change: Prediction to Reaction #ES

[Joshua Thompson @JKThompsonES]

@ChrisHux @AdamMancini4 Using Adam’s method, I’ve been holding runners from 7401 & didn’t add last week. I was open to add this week & found this entry when ES flushed the weekly open and reclaimed it. From there off to the new targets. 1min chart shows the shallow but violent flush & reclaims.

[Joshua Thompson @JKThompsonES]

@AdamMancini4 Thanks Adam! Fantastic trade today. Took profit at 7620 and left my runner to do the rest.

[Joshua Thompson @JKThompsonES]

@TeamTalaricoHQ @jamestalarico He did say he is “reckoning with his masculinity”. I mean, this Texan doesn’t have to do that. So maybe Stephen’s onto something. LOL So I guess it’s a me problem and I have Talarico Derangment Syndrome, or I’m just a MAN! #GOP @StephenM

[Joshua Thompson @JKThompsonES]

@MtnMattieP @Mattmulhern11 @realBrandonGill @miltyhonza @KenPaxtonTX I don’t know if you think I’m angry. I’m not. I find this cultural issue laughable. And I genuinely laugh at people who find T’s apology for his genetics genuine.

[Joshua Thompson @JKThompsonES]

Do you vote for only “good” people? I can count numerous politicians that aren’t good people. I’m not electing a Pastor. I’m electing someone who is a Senator. And I’m voting for the guy who is not false-flag apologizing for genetics he can’t do anything about and is not inherently wrong to be. That’s just fake! And I’m blown away that people are sucked in by it.

[Joshua Thompson @JKThompsonES]

He specifically stated biological realities. Don’t obfuscate the point. I understand reckoning with spiritual or mental conflicts; biological realities were stated BY HIM. His point was being apologetic for his race and sex. Not issues to apologize for. Apologies are reserved for wrongdoing. Is have a lighter skin tone a reason to be apologetic? Having to ask the question itself is asinine.

[Joshua Thompson @JKThompsonES]

@LeaderJohnThune If you don’t get the Save Act to the floor for a vote you may be shown the door like Cornyn. It’s what cost him the primary, bud. We Shall See!

[Joshua Thompson @JKThompsonES]

@MtnMattieP @Mattmulhern11 @realBrandonGill @miltyhonza @KenPaxtonTX You & I may disagree and that’s ok. It really is. I just can’t vote for a guy that is at best disingenuous and at worst some screwy sense of racism. It’s just not real; it’s fake. Just my opinion and my vote. So; I’ll vote Paxton and keep living my best life. Hope you live yours!

[Joshua Thompson @JKThompsonES]

@Mattmulhern11 @realBrandonGill @miltyhonza @KenPaxtonTX One who is duplicitously compelled to reverse apologize for the color of their skin and sex is not someone for me. Speaks volumes about the man’s actual masculinity and his Party at large. So, while I don’t agree with any politicians decisions; I stand firmly against stupidity.

[Joshua Thompson @JKThompsonES]

I may not think Paxton is a great guy or someone I’d want to be a friend; but any politician that says he needs “to reckon with his whiteness & masculinity” I absolutely will not vote for. The guy is psycho. That language sounds like what Nazis expected Jews to say about themselves in the Third Reich!

[Joshua Thompson @JKThompsonES]

@jamestalarico https://t.co/1pip55IFiW

This is the true faker Talarico! Duplicity at its finest! Will never support you at all!

[Joshua Thompson @JKThompsonES]

You’re a suck up. GOP will unite behind Paxton. It’s important for any Republican to win because of the judges that will be approved than a potential one term Senator Paxton. It’s bigger than any one person; it’s the Party & the nations future. Continue to “reckon with your whiteness” bro!

[Joshua Thompson @JKThompsonES]

@parlance2025 @realBrandonGill @Cernovich @KenPaxtonTX It’s the principle. Any Texan that even speaks those words “reckon with my whiteness” I refuse to vote for and can’t believe would be elected in a statewide race. I agree about sound bites, but sometimes sound bites come back to bite you. Will never support Talarico; ever.

[Joshua Thompson @JKThompsonES]

@OnTheHooch @eldnitj @AdamMancini4 I try to use the FIFO principle to my psychological advantage. I want to be patient and wait for deeper elevator down price action because I prefer trades that have potential to run multiple levels. Then it gives my remaining runners room to work until a rules based exit.

[Joshua Thompson @JKThompsonES]

@AdamMancini4 I post that as a Thank you to you Adam. I’ve been listening to the trading methodology on Substack every afternoon since I subscribed to your newsletter to engrain it in my head. Your methodology rules have vastly improved my trading.

[Joshua Thompson @JKThompsonES]

@AdamMancini4 I’m waiting for a deeper pullback to enter. I’m still holding my runners from 7401 so I don’t have any urgency to buy pullbacks this close to the local highs.

[Joshua Thompson @JKThompsonES]

Fast moves are exciting.

But markets often move fast into a level…then spend time proving they belong there.

This week has been a reminder:

Velocity gets attention.

Acceptance creates opportunity.

React to price. Don’t marry predictions.

#ES

[Joshua Thompson @JKThompsonES]

@PotsieWeber1949 @AdamMancini4 Furthermore, I’ve seen how much you comment on X specifically on Adam’s posts…LOL Spend less time on X and you may catch the candles. Sorry, just had to say that after being called a MF’r for no reason.

[Joshua Thompson @JKThompsonES]

How do you know trading is my lone investment? You’re offended & maybe embarrassed being called out with the screenshot & candle that by rules would have made you a profit. That’s on you! I also have real estate rental portfolio I have built as well! It’s rules based trading with guts.