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

Transcript

Price Action Bounce Trading System. How To Scalp ES Emini or MES Micros Futures.

Helping Futures Traders Via Our Core Strategy Academy Training Program and Futures Trading Group – The Best Emini Group IMHO.

Good morning, everybody! I absolutely love this image of the day after July 4th—the kid jumping on the bike with everyone behind him screaming. When I was a little boy, this is what we did in our neighborhood. We had our bikes, built ramps, and had the absolute best time. I hope you had a great July 4th.

Good morning, everybody! Welcome to the day after July 4th, the day of NFP, the Friday before CPI week. Next week, boy, level 10 week is in the forecast. Rip tides will be strong, so swim at your own risk. The red flag is out. Mercy, mercy, mercy.

Alright, we’ve been going through the Ten Commandments. I found this image, and I like this one, so we’re going to read verse three because we’re supposed to be on the third commandment: “Thou shalt not have any other God than God, the creator of the heavens and the Earth. Thou shalt not make unto thee any graven image.” So, we are to worship God and no other images, including money, celebrities, and sports figures. That’s right. And the third one: “Thou shalt not use the Lord’s name in vain.” Do not use His name lightly; just don’t do it. It’s not worth it. Give Him the honor He deserves, in my humble opinion.

Alright, guys, today is NFP. Next week, Powell is testifying twice. CPI level 10 week is in front of us, and sponsoring the AM briefing is Trap the Trader. Now it’s time for America’s favorite game show, Trap the Trader!

Now it’s time for everyone’s favorite category: overleveraging, revenge trading, and blowing your accounts. I just love resets and FFO. And now, let’s meet today’s contestants: Johnny “I Just Have to Trade Every Day” Johnson, Bob “Happy to Be Here” Sam, Sam “Never Saw a Short I Didn’t Short” Stevens, Malcolm “Make Matters Worse” Montgomery, Rusty “Reset” Roberts, and Freddy “FOMO” Frederickson. And, of course, our returning champion, Patrick “Predict Price” Patterson. It’s going up today!

Remember, traders, it’s all fun and games until the market opens. Until next time, don’t become a victim of Trap the Trader!

Alright, I don’t have any elaborate AM briefing prepared for you this morning. It is NFP on Friday, on a holiday week, with Powell testifying twice next week and CPI. Are you kidding me? If there’s a day not to trade, it is today. Have a wonderful five-day weekend. For all the new members hitting boot camp and earning badges, that has been really cool to see.

The major thing here is this trend line. When all fails, defer to the trend. We made all-time highs in the overnight session, and a monster candle is inbound. So, be careful out there. Trade small, if at all. That is the game plan.

Now, I want to show you a sneak peek for non-members. My members have been helping me create this, giving feedback on how to make it better. I’m going to have an interactive training tool to help reinforce everything you’re learning in boot camp. Let me just give you a little sneak peek.

I’m calling it Trader Game. You can hit the rules here, and it’ll give you the rules and how to do all of this. Hit start, and these are the major levels taught in boot camp. My goal is to build out miniature games for each of the different levels. Let’s hit a challenge one for a second. You can mark fair value gaps just like in TradingView. Then, hit the letter T to reveal your answers. You can start over or hit all games.

Let’s refresh the screen. This is why we test it. Let’s go to start, then to break levels one. It will play the day for you at a nice speed. You can press keys 1 to 5 to play at different speeds. You can draw whatever levels you want, and at the end, it will reveal all the answers. Press N for notes, and my notes will pop up overlaid on the chart. This tool is going to be absolutely awesome for my traders. This will become a new member benefit soon.

I can’t wait to trade with my traders. We’ll see if there’s actually a trade today on NFP day. I wish you the best of luck. The next YouTube live is on Tuesday. Stay green, my friends! To learn more about our group, go to microstrader.com