Wed Feb 21 Emini Trading Room Briefing

 

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

LINK

TRANSCRIPT: 

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 levels 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 rth

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