Wed Feb 21 AM Briefing For ES Emini and MES Futures Traders
Preparing ES Emini and MES Micros Traders To Trade In Our S&P Trading Room
📚 From the Trading Library — free lessons on the concepts in this briefing
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 happy FC menes day now that is not the only news driver it is minutes plus Nidia um that’s really the biggest news driver to okay so first thing on the AM Briefing Video Archives agenda today is am briefing archives my YouTube channel to me was just getting way too cluttered with am briefings and wrap-up so I’ve removed 98 % of them from my channel that way if you come to my channel and you’re wanting to find some good information I tried to only keep the videos that I thought contained worthy information so what did I do with the am briefing videos well I’m starting to post them every day on my website and I called it daily videos and the reason why I called it daily is because such as yesterday if I click this so yesterday I would if anyone was interested see the reason I removed them who’s going to go back and look at last year’s am briefing on a specific day nobody nobody’s ever going to want to look at that but I do have an archive of them on my website now I’ve been doing this for the last couple weeks so like yesterday this here’s the am briefing video from yesterday um a transcript of that and then I posted in the morning the one trade I did in the morning which was a nice 10p pointer and then I did a little wrap up here as well and went over our core strategy entries we had six for six trades yesterday and our strict core strategy on a three-minute chart so each day I will remove them but they are on my website if for some reason you wanted to go look it up and the beautiful thing about that if you’re a prospective member go watch the am briefing video then see how the day went okay especially when I give you new strong levelsStrong LevelsProprietary weekly support and resistance levels used to identify areas for "touch and go" trades or reclaims. These levels act like magnets for price. Full entry → or any level in all honesty so um I’m going to try to do a Trading Tip tip each day today’s tip is do not anticipate trade do not think you know where price is going if you knew where price was going you wouldn’t be watching anything on YouTube you just be trading so don’t anticipate trade don’t try to get in early oh I know we’re going here I might as well just get in early resist that patience yesterday I had two trades I had a short in the morning and then I had a long in the afternoon just two trades yesterday and that’s okay I didn’t you don’t have to trade every single move be patient and wait so we’re going to look at the daily Daily Chart + Trend Line chart first because this is the daily trend line and I want you to notice down day down day up up down down and now we are actually having two days starting to crack this trend line is the ship starting to turn over so yesterday was short or flat when the day began and it has been a while since I told my Traders it is short or flat but that’s what we’re in primary trend line there and then we’re going to throw on another one probably right in here and I’m just going to skim it right there along the top like that and I’m going to color this orange so as we’re coming into today where are we well here’s the rthRTH (Regular Trading Hours)9:30 AM to 4:00 PM Eastern Time. This is when the big money is active. Higher volume, tighter spreads, more reliable price action. Full entry → range it went back to pck and now we’ve hung out basically underneath the halfback is where we’ve basically hung out today what will we do here is going to be really key today are we going to just liquidity grab and come back in um I usually love that trade when we’re in an uptrend now I’m not saying and we’re in a downtrend we’re in a weird spot is where we’re at we’ve got to trade the levels as they’re presented but the lean in the current state is short or flat for a day trader it’s short or flat with the mind that on the higher time frame we’re still rolling up the Bulls have been in control and uh the shorts the Bears are getting an upper hand here lately so it will be very fun to watch that um we went over the overnight let’s pull up the strong levels now so here is Strong Levels where I’m at on the strong strong levels I’m going to keep this range on here that we had yesterday this was the bull bear range where testing the top tested the bottom tested the top and tested the bottom I think this was perfectly drawn so I’m going to keep it on the chart the note I added up here careful with shorts Above This 5028 if for some reason we start squeezing so what’s the biggest risk today the biggest risk today in my opinion is we get over this level here so that would get us over the trend line over this level and back up attacking this bull Bear area we get above this I think the short squeez is on should you be shorting probably not the risk of a short squeeze is high and I did make this note careful with shorts Above This 5028 so the environment we’re in is yes we’re laddering down yes the play is Shor or flat but you don’t want to be shorting once it starts squeezing you need to be aware of where you’re at and what’s happening we will be live on Zoom this morning I’ll probably stream this afternoon inside of the Discord group if you would like to join us check us out at micr trader.com Stay Green my friends and to learn more about our group go to micr trader.com
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