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

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.

Table of Contents:
00:00 Welcome ES Emini and MES Micros Traders
00:29 – Where are We?
00:55 – Bullish Above. Bearish Below.
01:04 – Watch Out Below
01:13 – Lots Session Highs Above Us!
02:14 – Trend Lines
03:12 – Possible Short? Not Advice!
03:27 – Day Before FOMC
03:52 – Dip Your Toe Membership

Welcome ES Emini and MES Micros Traders
all right happy Tuesday Morning February
the 20th the day before
fomc
minutes so what’s the most important
thing on the chart tomorrow afternoon
fomc so we will be trading live in the
morning today and tomorrow and probably
tomorrow
afternoon um but today I don’t know what
to expect so where are we well there’s
Where are We?
always a few things you’re looking at
for where are we one of them is where
are we based on
price well based on price right now
here’s the weekly High here’s the weekly
low this gray area is the middle so we
are literally in the middle of the
weekly range not the best place to be
looking for a trade we are also now in
Bullish Above. Bearish Below.
this bull bear Zone that I gave you last
week that is still valid I think it’s
bullish above bearish below but nothing
Watch Out Below
really changes until this Watch Out
Below number so we will see what happens
there and when you look up here on the
Lots Session Highs Above Us!
chart we got an rth high we got a London
High we got an rth High um actually the
Asia and London are very
close then we got this Asia High then we
got this London high so where are we in
relation to sessions okay and then the
next low is right down here with another
strong
range so if we break under the bull bear
zone I’m going to be looking for shorts
to Target this rth low um if we dip
below this bull bear Zone and come back
up um I’m going to be carefully looking
possibly for
Longs and uh if you’d like to be with us
on on Zoom today well go to micr
trader.com and click Zoom pass and pick
out one of the zoom pass packages I also
added a new membership level called dipy
Toe and if you’re interested in that I
will talk about that at the end of this
Trend Lines
video so now let’s look at trend lines
well I had a 30- minute trend line that
was
here and now somewhere in here now
obviously time broke it either time or
distance can break a trend line and here
it’s time and now we’re getting a little
bit of distance too but now to me this
trend line flips to here and in fact if
I was wanting to be real specific this
would be the primary but this is so flat
it doesn’t really offer me much value
I’ll probably put it on my chart just to
have it there and then we depart I don’t
call this the parabolic trend line yet
um I still think those are both primary
trend lines and then let’s throw on this
daily trend line we’ve had forever and
on CPI it dipped below it and came back
above it retested it came back above it
retested it came back above it hugged it
and pulled down I would love to see the
Possible Short? Not Advice!
market open and come back up into here I
would probably end up taking that short
to be honest if this thing just barreled
straight up there I would probably take
that short so it’ll be interesting to
see what happens today it is the day
Day Before FOMC
before fo MC typically the morning will
give us something typically the
afternoon I find just boring not even
worth watching save your emotional and
mental equity for tomorrow which is
obviously a super high risk day to trade
and we will talk about that tomorrow so
I look forward to trading with my
Dip Your Toe Membership
Traders today now if you’re interested
in the new membership level here’s what
happened I offered a d DIY membership
for a while which gave people access to
a quick start guide so let’s come in
here to my core strategy course strategy
explained and in this course strategy
explained if you want a full DIY um
solution to learn a lot of what we do I
give you those links to go learn that
stuff for free okay and when I started
this group I decided to come out with
what I called the quick start guide okay
now kind of call the Legacy training
guide cuz it was the first series I put
together where literally with this quick
start guide I would send you out to
study cotton study ICT study Shadow
Trader you’d come back to me and I would
create videos that would Bridge a lot of
these gaps summarize what I wanted you
to learn from cotton summarize what I
wanted you to learn from ICT summarize
what I wanted you to learn from Shadow
Trader and so I was putting together Gap
videos with sending you out and and I
offered a DIY membership that said okay
you don’t want to pay for the core
strategy Academy I get it you want to
dip your toe in and but I still found
this was not a good plan to me I was
doing you a disservice and I didn’t
realize it until two or three weeks into
people being a member and I went this
isn’t good this isn’t good but if you
wanted access to the Legacy guide um you
can still purchase it here but it’s not
part of our membership it’s just
completely separate you go off I’ve had
a couple people do that and um they add
it to their strategy that they already
have okay so now I have a um membership
here called dipy Toe just come and watch
this video please but in general what
I’m giving you is in the core strategy
Academy at the basic level at boot camp
I teach you three different levels that
bounce and what I’m going to give you in
the dip your toe membership is that
first training you can even submit a
chart and earn a badge to ensure that
you’re doing this correctly because
you’re not on your own I’m not just
giving you some videos and saying
bye-bye good luck no you get to submit
your chart and I’ll grade it for you
it’ll also include a zoom pass if you
want so come check out this dipy toe
membership because I’ve decided every
person who comes through my group must
go through the core strategy Academy
there’s no way around it in my humble
opinion and I’ve tried it every way and
and I’m telling you I am doing you a
disservice by not having you get the
core strategy Academy as part of your
membership so now dip your toe get a
little bit of the training and get an
idea of what we really really do and for
50 bucks it’s a no-brainer Stay Green my
friends and to learn more about our
group go to micr
trader.com

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.

all right I hope you had a good morning
I took one trade made 10 points I went
short here at
0875 somewhere right in there and went
for 10 points and made 10 points if i’
have been a little more aggressive I
could have made 20 but I took my 10
point as the first trade of the week and
I’m done we had three eighto candles
according to our core strategy system
that’s when you should stop trading and
that’s what I recommended to my Traders
now we did watch from this so this is a
top of a range we have on our chart okay
for us for me that’s another strong
range and we were looking for evidence
of lading up here and um didn’t have a
clear entry I would have went long in
here had I had that we were down all the
way down to a 30 second chart one minute
chart um one of my Traders missed entry
by a tick to go long um somewhere in
this Zone here and now we came back to
this bull bear Zone as you can tell
that’s been
a a level for sure that has been in play
the whole night finally fair value
gapped through it we just came back and
retested it we bounced off the top of
this range and bounced off this bull
bear range and so I officially done for
the morning I told the Traders if we got
back over the bull bear Zone I’d be
interested in looking for another long I
was looking for Longs down here just
couldn’t get in I didn’t have the right
setup and I’m not just going to go long
because I think it’s going to go up I
only go long because I have a level that
I can defend to my Traders hope you had
a successful morning might be back in
the afternoon talk to you later Stay
Green my friends and to learn more about
our group go to micr
trader.com
oh

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.

okay so in this morning’s video we
talked about these trend lines here and
the main one I’m going to be talking
about is this one of course we broke the
daily but the main one I want to talk
about is this one why because when we
got on Zoom I was telling everybody the
play is short or flat however we are
still stuck in this bull bear Zone stuck
played with it played with it came to
the bottom got over it came back and
bounced and then we flushed underneath
it which is what typically happens in
these zones it really flushes then what
did price do it back tested flushed
further down it got really close to my
next Zone here so that was really cool
now let’s look at the entries that we
had today okay so I took two primary
trades today I told you about this one
this morning it was against a level was
against vwap um
and um there was one more something
there I forget but multiple confluences
took that short and then in the
afternoon I took that long um I sat
through all of this when I came back and
made nothing I tried to be long right
here missed me by a tick and then it
vomited all the way down went to the
greediest level and bounced so that play
was really nice now if you’re in my
group and we were talking about the play
is short or flat you may not take this
trade here number one you don’t have a
backup level but notice it bounced to
Perfection because what are you hoping
it’s going to do yes you have this line
on your chart you’re hoping it bounces
but why because you wanted to come up
here and bounce off this and you had a
really nice short assuming you’re
trading during that time frame I was not
I noted it when it happened but I was
not trading my dom was closed and then
this trade was Break Even you had this
as a backup level it came back and gave
you the gift of Break Even uh should not
have been a loser if you added here you
made money and I have no problem in you
adding from the front side to the brake
level then of course this long and then
this short core strategy just rocked it
today so thanks for trading with me I’ll
see you tomorrow stay green my friends
and to learn more about our group go to
micr
trader.com I