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.

“Welcome to the AM briefing, preparing you to trade live in our E-mini trading room at microtrader.com. Well, yesterday was just fantastic, and today is Happy CPI Tuesday, so we will see what the day presents. We will be live on Zoom before the CPI candle. So, on Sunday, we sat down and drew some levels together, and did they bounce? Yeah, they bounced. In fact, on our Zoom, we basically called out three trades: long here, short here, long here. Day done, boom boom boom, three shots, three kills, you’re done.

So, yesterday was just fantastic. I missed this long by a tick. This was my winner, the one that made my juice. I went long here, and this just added, and it was fantastic, just a beautiful day. And then in the afternoon, there’s no way I’m going to trade the afternoon the day before CPI. But just another gorgeous bounce. I hadn’t even really looked at the charts this morning in any kind of detail because it doesn’t matter. Today is CPI, today is clean your chart day. It’s just delete lines day, and you get to start over, for lack of a better word. So, it doesn’t matter 100%, except stand out of the way.

For people who are thinking about joining our group, look at those lines. Bounce. It was great because last night, I was sitting with my wife, and I was looking at the charts. I said, ‘Hey, watch this,’ and I drew a line. In fact, it was this bounce here, this bounce here, right here, and down. I said, ‘That’s what we do,’ and she was like, ‘Wow, that’s so cool.’ Actually, I’m wrong. It was this bounce because it went a little against me, and then it came in really nice. So, that was nice. This is a level we drew on our chart Sunday night as well. We can remove that.

So, what happened overnight here? London has taken out Asia’s high and low. Some fairly nice candles intermixed in there. Let’s pull this thing into a tighter chart where we can see the RTH with it. So, we are stacking on top of yesterday’s high at this moment. We’re, of course, gapping higher. The RTH low was this level we drew Sunday night, and you’re going to want to make sure you draw in half-back. I drew in the POC here from yesterday. I didn’t mark it, but that’s what that blue line is.

And we’re going to see what happens today. I don’t have any more for you than you’ve got to let the dust settle, and then you trade what you’re presented. It’s a perfect day to trade smaller because if you’re right, you can be really right. Stay green, my friends, and to learn more about our group, go to microstrader.com.”