ES MES AM Briefing

 Price Action Training Video for ES Emini or MES Micros Futures Traders

Transcript:

all right good morning happy day before

CPI let's look at the news drivers this

week uh Monday we really don't have a

whole lot tomorrow is the big day I

consider three large news events the

trifecta of news events and one of them

is tomorrow CPI then we got some retails

unemployment claims PPI and sentiment

towards the end of the week so we are in

for a bumpy ride this week so today is

not only Monday which is the lowest

probability day of the week to trade in

my opinion it's the day after an

expansion day it's the Monday after five

weeks of straight up it's the Monday

before

CPI it might be a day of very little

price action and boy the small range

that we're experiencing here in the

overnight session might prove to be that

it is less than half of the the normal

size of an overnight session I've got 3

30 minute trend line here which is

basically warning one warning two

warning three um I do have some updated

strong levels this 3250 is kind of the

warning shot to Bulls it happens to line

up probably with this 30-minute trend

line well bull bear line we come all the

way down to here no big deal and it

means

nothing that's at

20.25 and then watch out below careful

with Longs below below this

0975 that's how I'm seeing the day

develop be patient let things develop

don't be in a rush because tomorrow is

the big day if you'd like to trade with

us live check us out at micr trader.com

Stay Green my friends and to learn more

about our group go to micr

[Music]

trader.com

Transcript:

all right happy Monday afternoon so we

traded live in this section of the day

and then came back on here in the

afternoon a little bit of stream then I

had to leave and go Aon and I came back

in time to watch

this so I took one trade one contract

and made small today but had perfect

discipline and I know that over time the

perfect discipline will pay I had one

short up here in at 64 64 somewhere in

here and I had to leave to go run an

errand and I told the group what I would

be looking for and they got it right

here and I know Justin Jackie Warren uh

had shorts and did very well in fact

Jackie I had a 20p pointer um Justin had

a 10-pointer I'm not sure where Warren

finished so they did very very well I

missed them it offened when I came back

I had an order setting up here at 69

actually while I was gone that if price

popped that I was willing to take that

short there just didn't get there didn't

get me in 64 didn't stay in the trade um

didn't behave in a way that makes me

stay in a trade I don't in fact I was

short uh 64 somewhere in here in the

profit I'm not going to let it turn into

a loss so I'm out um the other trade I

had I had

my order at 33 right here in front of my

warning shot for Bulls missed me by two

ticks springboarded straight up and

would have had a 10-pointer

it is what it is when the day started

this was our magnet this is where I

expected price to go when we went

straight up in this irrational crazy

fashion like oh well it is what it is um

I am surprised we made it back down here

but here we are tomorrow is CP I if you

want to be live with us for the CPI

candle check us out at micr trader.com

Stay Green my friends and to learn more

about our group go to micr

[Music]

trader.com