I'm going to share the setups I once used for ES. Now that the volatility is back to pre-crash levels, these will win more than lose.
Set your chart to continuous 24 hour trading with 150 bars on a 15 and 60 minute timeframe. No indicators.
The first setup is an OVERNIGHT GAP, not a conventional gap from the close of RTH to the opening. These gaps have a high probabiltiy of filling, but I would only take them if there are at least 3 points to be earned between current price and the price to close the gap. You look for the gap at 9:30 ET. Obviously, if it filled, there is no trade. You will look to take the trade at a major support or resistance level.
The following 3 users say Thank You to Zoethecus for this post:
Here's another very strong setup. I call it the Wall.
Four bars that have the exact same high during RTH. This would be almost bulletproof if they were at the top of a 150 bar chart and in that case, three bars would be just as strong. (Reverse that for a long at the bottom of a chart; the Floor.)
Place your order one tick below the high of the Wall with a 3 tick stop. Very high risk:reward. Even better on a 60 minute chart.
The following 2 users say Thank You to Zoethecus for this post:
Something wrong with this setup!
On an attached picture from Zoethecus, if you wait until you have 4 tops you couldn't enter one tick below the high. If you put the order in front (after 3 tops), I tried it and its a loser.
On ES 15 MIN from 1/1/10-Today 4 losing trades!