Preparing ES Emini and MES Micros Traders To Trade In Our S&P Trading Room
Welcome, ES & MES Futures Traders!
Good morning! Welcome to the AM Briefing Video, presented by MicrosTrader.com, where together we trade better.
📖 Weekly Scripture:
“Take delight in the Lord, and He will give you your heart’s desires.”
Psalm 37:4
If you are operating within God’s will, expect blessings to come upon you.
Episode #356 – Today’s Trading Insights
✅ Tip of the Day: The Leap Account from TradingView
Is there any value in trading with the Leap Account? Over two days, the leader has reportedly made $1.4 million. Is this just high-risk gambling, or is there a method behind the success?
Key Questions to Consider:
- Does it take aggressive trading to reach the top 250 and earn a 6-month extension on a TradingView subscription?
- Could this be a useful tool for practicing chart trading and overnight trading?
- If you’re a prop trader, could this help with holding trades for multiple days?
I’ll walk you through a trade I placed last night using the Leap Account to showcase its potential.
✅ News Drivers: Market Catalysts This Week
Today is a critical final trading day of the week, and we have employment data on deck.
Key Economic Events:
- Thursday: Employment & PMI data
- Friday: Non-Farm Payroll (NFP) – High-risk trading day
Planning Tip:
What does your trading plan say about trading the day before and on Non-Farm Payroll day? Make sure your plan is written, executed, and followed—before emotions take over.
✅ Yesterday’s Market Review
Leap Account Performance
I’m currently in the top 7% but need to improve by $2,700 to earn a free 6-month subscription extension. The top trader has amassed $1.4 million in two days—what were they trading? Bitcoin?
For my Leap Account trade last night:
- We tested a break level multiple times
- I placed a short at VWAP, using a trendline backtest
- Stop was above the Asia session high
- Take profit (TP) was just before the RTH low
Outcome? Risking $400, I was prepared to wake up to either a solid win or a manageable loss.
✅ ES Chart Analysis: Where Are We Now?
Key Observations:
- Higher time-frame trendline break – but is it a real break or just consolidation?
- Watching 6,037 single prints – RTH session needs confirmation
- Potential No-Trade Zone – between 4,021 and 4,033
- Bull/Bear Line at 4,067.75 – a key level to watch
- RTH low liquidity remains intact – does it need to be swept?
Price action has been choppy, making it hard to enter trades responsibly. The morning news driver caused a spike, then the market stalled for 40 minutes. Instead of forcing trades, I observed and made small moves in the Leap Account.
✅ Market Alignment: Are Indices Moving Together?
When trading, we want to ensure all major indices are on the same train for clear direction.
Current Status:
- Russell 2000: Breaking out of lower distribution
- S&P 500 & Nasdaq (ES & NQ): Still within yesterday’s range, testing VWAP
Trading Plan:
- If we break above key resistance, I will only short if price action confirms it
- If we take the RTH low liquidity, I will evaluate continuation
- Bulls remain in control unless we break below an RTH low
✅ Final Thoughts & Next Steps
- Market remains bullish unless proven otherwise
- Trading inside a choppy range? Be cautious!
- High-risk news events ahead—stick to your plan
- Join us live on Zoom for more insights!
💻 Get a Free Zoom Pass: Register for the Free Foundations Course at MicrosTrader.com.
Stay green and trade smart!
MORE INFORMATION:
- 🌎 Website: https://MicrosTrader.com
- 📺 YouTube: https://www.youtube.com/@microstrader
- 🎓 Free Foundations Course: https://academy.microstrader.com/foundations-dashboard/
SUMMARY:
- ✅ Leap Account Experiment – Exploring whether TradingView’s Leap Account is a valuable tool or just high-risk gambling.
- ✅ Key Economic Events – Thursday’s employment data and Friday’s Non-Farm Payroll make for a high-risk trading environment.
- ✅ ES Market Review – Markets remain bullish with a key no-trade zone identified; trendline break is being monitored.
- ✅ Indices & Market Correlation – Major indices not fully aligned yet; waiting for confirmation on market direction.
- ✅ Trading Plan Reminder – Stick to your pre-planned setups and be cautious of choppy price action during news events.
ADDITIONAL LINKS:
- 📈 Day Traders Blog – Insights for Emini/Micro ES MES Trading Room
- 📊 CME Micros Info – Learn About Micro Emini Futures
- 🖥️ CME Trading Simulator – Practice Trading Micro ES & MES
- 📢 Community Tab – Join the Discussion on Emini/Micro ES MES Trading
- 📹 AM BRIEFING Archive – Watch Past Market Insights & Strategies
- 📌 AM Briefing for Micros Scalping System – Key Levels & Trading Strategies
- 📊 Emini Trading Room – Daily Market Analysis & Technical Setups
- 📺 Rumble Futures Trading – Watch Key Levels & Technical Analysis
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