Jun 3, 2026 · Livestream

🔴 LIVE｜Trading NY Open｜BULL RUN - DAY 47

Chapters

Session notes

AI-generated from the transcript · may contain errors

In this live trading session, Ash shares his analysis and trading approach during the New York Open, focusing primarily on ES and NQ futures. He maintains a bullish bias based on higher time frame order flow and daily chart structure, emphasizing the importance of following a clear, step-by-step game plan.

Ash explains his process: confirming the time, establishing bias, identifying key levels with SMT (Smart Money Technique), and waiting for an entry function such as a change in the state of delivery before executing trades.

He highlights the significance of patience and discipline, noting that he did not enter a trade immediately despite favorable conditions because his entry criteria were not fully met. Ash also discusses the limitations of relying on correlations, such as between the dollar and equity indices, and stresses independent thinking over following others.

Later, Ash enters a long trade on NQ after a bullish 15-minute fair value gap and SMT confirmation, risking about $1,000 with a target of roughly double that. He manages the trade with a stop loss at the low that created SMT and shares his mindset on handling wins and losses objectively.

Throughout, Ash answers viewer questions about his methodology, order types, and risk management, reinforcing the value of sticking to a proven process rather than chasing price moves or news events.

Key takeaways

Ash follows a strict four-step game plan: confirm time, establish bias from higher time frames, identify key levels with SMT, and wait for a valid entry function before trading.
He emphasizes patience and discipline, preferring to skip trades if the full process is not met rather than forcing entries.
Ash does not rely on correlations like dollar versus equity indices due to their imperfect relationship and instead focuses on price action and SMT.
He uses buy stop orders for entries at bullish changes in the state of delivery and places stop losses at the lows that created SMT, aiming for about a 1:2 risk-to-reward ratio.
Ash encourages independent thinking and warns against following others blindly, highlighting that trading is a personal process with wins and losses.
He manages emotions by staying objective, accepting losses as part of trading, and journaling every trade to learn and improve.