Thu ES MES Technical Analysis, Tips, Key Levels, Trading Room, & Scalping System 03/20/2025
Preparing ES Emini and MES Micros Traders To Trade In Our S&P Trading Room
Morning Market Briefing & Trading Strategy
Morning Scripture
“Do nothing out of rivalry or conceit, but in humility consider others as more important than yourself.”
– Philippians 2:3
Market Overview
Today presents a unique trading environment as we navigate the day after the FOMC meeting and the day before options expiration. Additionally, unemployment claims data is being released, which could influence price action.
Overnight Battle Plan & Price Action
Last night, I mapped out an overnight battle plan for the group, outlining key liquidity zones and potential trade setups.
Ideally, I was looking for price to grab liquidity, return to key levels, and then offer a solid long opportunity.
If price moved below the FOMC candle, I cautioned to “watch out below.”
The green pathing was my ideal scenario, and we mostly followed that script.
Trade Execution
I initially entered a short position, but it came back to take me out before I went to bed.
I had another short positioned higher up with a stop above a strong level, but it didn’t get hit.
Upon waking up, we saw an 80-point downward move that went deeper than expected.
The key resistance zone that I wanted price to reclaim was extremely difficult yesterday, requiring an FOMC-type candle to push through.
Current Market Watch
If price can reclaim the strong level with momentum, I am looking for a long entry.
If we break below key levels, I will look for short opportunities.
Right now, bulls are very weak, and often, the day after FOMC, price action retraces.
We are closely watching the FOMC wick for clues on future price movement.
Key Market Levels & Trendlines
We are currently sitting at a major trendline support that has held for a long time.
If bulls fail to defend this level, we could see price head lower to the next major support zones.
A move above resistance could offer a solid long opportunity.
If the trendline breaks, we could see further downside movement.
Trade Journal & Strategy Notes
Given the market conditions, today and tomorrow are likely to have highly volatile, choppy price action due to options expiration.
I recommend using “Friday Rules” today, meaning one loss and you’re done to protect your mental capital.
In my Trade Journal template, I mark today as a special day due to its unique conditions.
If you are using my trade tracking system, be sure to document today’s challenges for future reference.
Upcoming Market Events
Next Week’s Key Events:
PMI
Consumer Confidence
Durable Goods
Final GDP
PCE (Friday) – a level 10 trading event
Final Thoughts
What is your trading goal today?
What will you ensure NOT to do today?
Markets are unpredictable, and trade discipline is key. Stay patient, follow the plan, and protect your capital.
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✅ Overnight Market Plan Worked Well The price action followed the overnight battle plan, respecting liquidity zones and key levels. However, the bulls remain weak, and price action is choppy.
✅ Trade Execution & Missed Opportunities I attempted short positions, but they did not hold as expected. I later observed an 80-point drop overnight but missed an ideal entry.
✅ Critical Levels to Watch The FOMC candle wick and major trendline support are key areas. If bulls reclaim strong levels, longs are viable. If they fail, expect further downside.
✅ Today & Tomorrow Are Tricky Trading Days With options expiration and FOMC aftermath, price action is likely to be unpredictable and volatile. Consider using “Friday Rules”—one loss and done.
✅ Next Week’s Market Outlook The only major level 10 event next week is PCE on Friday. Otherwise, price action should return to normal trading conditions.
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Risks Associated With Trading
IMPORTANT DISCLAIMER
By continuing with the Core Strategy Academy, Discord, and Zoom you also acknowledge and accept the following information:
The material in this course is general in nature. It does not constitute personal investment advice or personal trading advice. Any advice provided is general advice only and does not take into account an individual's risk profile or financial situation.
The author of this course content is not legally qualified to give personal investment or trading advice.
Although the author is an experienced and consistently profitable trader and the information offered within this course is given with the best intentions and made to be as accurate as possible, the author has no idea what your financial situation is and everyone has a different tolerance for risk and different investment goals.
The purpose of this course is to teach you how use technical analysis to assist in your trading, it is not intended to teach you how to trade even though many lessons do share practical techniques based on real-life trading experience.
The lessons in this course are provided as hypothetical trading examples, not necessarily ones that are profitable or robust. While the creator of these lessons has used some of these techniques to generate profits in the past, it is not guaranteed that you will experience the same results and past performance is not indicative of future performance.
Trading involves the risk of loss as well as the potential of profit. It is generally advised by successful traders to never risk more money than you can afford and are willing to lose - both on a trade-by-trade basis, and a portfolio basis.
You should seek independent financial advice from a qualified professional in deciding if trading is appropriate for you. Please also consider the appropriateness of that professional advice in light of your own objectives, financial situation or needs.
ALL MATERIAL HAS BEEN PREPARED BASED ON INFORMATION BELIEVED TO BE ACCURATE AT THE TIME OF PUBLICATION. SUBSEQUENT CHANGES IN CIRCUMSTANCES AND THE MARKET MAY OCCUR AT ANY TIME AND MAY IMPACT THE ACCURACY OF THIS INFORMATION.
PAST RESULTS ARE NOT INDICATIVE OF FUTURE PERFORMANCE.
Information containing hypothetical or simulated results has limitations and may not represent actual trading. Since the trades presented in simulated backtests have not actually been executed in the market, the results may under or over-compensate for the impact (if any) of certain market factors, such as lack of liquidity, large spreads, slippage, commission costs etc.
NO REPRESENTATION IS MADE THAT ANY TRADING STRATEGY WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN IN HYPOTHETICAL BACKTESTING RESULTS.
You should carefully consider your objectives, financial situation, needs, psychological and emotional fortitude, and any other relevant personal circumstances when determining whether or not trading is suitable for you. Trading is not for everyone, and for some there are much easier ways to make money from a side-hustle or career more suited to their personality and situation.
Trading is exceptionally difficult to succeed at, with a remarkably high failure rate. So please do your own due diligence to protect yourself and your capital from unnecessary losses and damage. Seek advice from a qualified professional (such as a financial advisor) if you feel uncertain about your decision to begin trading.
THE RISK OF LOSS IN TRADING SECURITIES IS LIMITED TO THE AMOUNT INVESTED. HOWEVER, THE RISK OF LOSS IN TRADING DERIVATIVES (SUCH AS FUTURES, CFDS, FOREX ETC) MAY NOT BE LIMITED. THIS MEANS YOU MAY LOSE MORE THAN YOUR ACCOUNT BALANCE OR THE AMOUNT REQUIRED TO HOLD AND CONTROL THE PARTICULAR DERIVATIVE, ESPECIALLY WHEN EMPLOYING LEVERAGE.
THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINED IN FUTURES, OPTIONS, FOREX AND CONTRACTS FOR DIFFERENCE CAN WORK AGAINST YOU AS WELL AS FOR YOU. IN OTHER WORDS, THE USE OF LEVERAGE IS A TOOL THAT CAN LEAD TO LARGE LOSSES AS WELL AS LARGE GAINS. WHEN USED PROPERLY THIS CAN BE AN ADVANTAGE, BUT WHEN USED IMPROPERLY AND CARELESSLY IT CAN RESULT IN CATASTROPHIC LOSSES - OFTEN RAPIDLY.
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Good luck with your wealth creation journey, and please take this information seriously. The graveyard of failed traders is large and ever-growing, and that is largely due to these warnings being ignored and the many dangers of trading not being respected.
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