Preparing ES Emini and MES Micros Traders To Trade In Our S&P Trading Room

Welcome ES MES Futures Traders

Introduction

Welcome to the AM briefing video presented by MicrosTrader.com, where together we trade better. Good morning, everyone!


Weekly Scripture

“Give thanks in everything, for this is God’s will for you in Christ Jesus.” – 1 Thessalonians 5:18

This scripture reminds us to keep both pride and disappointment in check, maintaining a balanced perspective. God controls all circumstances—good and challenging alike. Often, the difficult times are designed to strengthen and refine us, making us better individuals. Give thanks in everything, as it is God’s will for you in Christ.


Tip of the Day

Yesterday, following a bank holiday, we experienced messy price action. Did you enjoy the volatility? Reflect on whether it was worth the depletion of your mental reserves. Personally, I avoided trading yesterday while recovering from an illness, recognizing that post-bank-holiday markets rarely offer great opportunities. Staying out saved my energy and preserved my “powder.” Remember, avoiding impulsive trades can often be the best decision.


News Drivers

Today’s Wednesday, and the news calendar is relatively light:

  • Tomorrow: Regular unemployment claims.
  • Friday: Flash manufacturing and services PMI, existing home sales, and consumer sentiment reports.

This week offers decent trading conditions. It’s also the first week of a new administration, so take note of any policy-driven momentum. We will be live on YouTube again next Tuesday. If you enroll in our free Foundations Course at MicrosTrader.com, you’ll receive a free Zoom pass to join us live.


Yesterday’s Review

Yesterday’s live YouTube session highlighted our key entries and targets. A notable move occurred when ES broke over a trend line, retested it, and continued upward. Watching this trend unfold was both satisfying and educational. While I didn’t trade, the strategy played out beautifully, with a 40-50 point upward move.

This trendline breakthrough signifies momentum, but as traders, we must avoid FOMO (Fear of Missing Out). Staying disciplined ensures long-term success.


ES Chart Analysis – Where Are We Now?

We’re in a clear uptrend, with six consecutive days of upward momentum. While this suggests strength, it also raises questions about when a pullback might occur. Solid rules are crucial:

  • Never be the first to short an uptrend.
  • Use key levels like high timeframe trend lines for stop placement to maximize moves.

Currently, ES continues to demonstrate strong price action, but shorts remain risky. My focus remains on longer trades or staying flat. We’ve left gaps in price levels that may later fill, but the market’s euphoria signals caution against premature counter-trend trades.


Final Thoughts

This market is displaying optimism and strength, but rules and discipline are critical for navigating it successfully. Avoid guessing when to short an uptrend. Stay smart, wait for high-probability setups, and stick to your trading plan.

Stay Green, my friends! To learn more about our group, visit MicrosTrader.com.


MORE INFORMATION:


SUMMARY:

  • ✅ Scripture Encouragement
    “Give thanks in everything” (1 Thessalonians 5:18) offers guidance for keeping a balanced perspective amid life’s challenges and victories.
  • ✅ Post-Bank-Holiday Trading
    Markets after a bank holiday are often messy, making it wise to preserve energy and avoid impulsive trades.
  • ✅ News Events to Watch
    Key reports like PMI and consumer sentiment are expected this week, offering trading opportunities.
  • ✅ Trendline Breakthroughs
    Yesterday’s trendline breakout provided significant momentum, highlighting the importance of patience and disciplined execution.
  • ✅ Market Euphoria and Risk Management
    With strong upward momentum, the market’s optimism makes shorts risky. Stick to the trend or stay flat to avoid unnecessary losses.
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