ES MES Futures Trading System: Key Levels, Tips, Technical Analysis. Friday "AM Briefing"
Preparing ES Emini & MES Micros Traders
For Our Emini and Micros Futures Trading Room
For Our Emini and Micros Futures Trading Room
Friday’s trading insights for ES and MES Futures focused on patience and high-probability trade setups. Key levels such as the Bull/Bear Line and VWAP guided entries and exits, underscoring a disciplined approach. Next week’s critical market events, including the FOMC meeting and end-of-year trading, promise significant opportunities for prepared traders. With Bulls currently in control, the trading room emphasized calm strategy execution and preparation for market volatility. RESOURCES:
TRANSCRIPT:
Welcome ES MES Futures Traders
Good Morning, Everyone!
Happy Friday, December 13th!
Bible Verse of the Day
“For unto us a child is born, unto us a son is given, and the government will be upon His shoulder. And His name will be called Wonderful, Counselor, Mighty God, Everlasting Father, Prince of Peace.”
– Isaiah 9:6
Absolutely beautiful! Let’s dive into today’s insights.
AM Briefing #323
Brought to you by MicrosTrader.com – "We're together; we trade better."
In our ES MES Futures Trading Room, we always emphasize patience because there's always another high-probability trade around the corner.
Tip of the Day
Sometimes, trading is about playing the bounces. We draw lines where the price tends to bounce and take advantage of those levels. Other times, it's like playing chess, where we anticipate whether the Bulls or Bears will dominate specific areas. Be confident in your trade locations, even if the price "wiggles" before moving in your favor.
News Drivers
- Contract Rollovers: Expect to roll over contracts by Tuesday.
- FOMC Next Week: A pivotal driver for market activity.
- OPEX and End-of-Year Trading: Exercise caution as volatility increases.
- Upcoming Key Events:
- Monday: PMI Data
- Tuesday: Retail Sales
- Wednesday: FOMC
- Thursday: Post-FOMC Action
- Friday: Core PCE & Consumer Sentiment
Patience and well-planned entries will be crucial next week, as opportunities abound for disciplined traders.
Last Night’s Trade Review
Yesterday's highlights included:
- A short trade and a long trade at specific levels, guided by the Bull/Bear Line.
- A strong rejection at the 70 level due to a high-time-frame trendline.
- Overnight, I held a micro contract long, managed my stop effectively, and captured a solid move while practicing patience.
ES Chart - Where Are We Now?
- We bounced off the Bull/Bear Line, an essential indicator provided in our group.
- ES is behaving well within expected levels, making it easier to trade compared to the more erratic NQ.
- As a general rule, I rely on clean charts and focus on reading candle patterns to understand market behavior.
Bull/Bear Scorecard
Here’s how the Bulls and Bears stack up for today:
- Trendline: Bulls
- VWAP: Bulls
- Overnight Halfback: Bulls
- Yesterday’s Range: Bulls
- Session Stacking: Neutral (choppy zone)
The Bulls dominate, with nearly all categories in their favor.
Closing Thoughts
Good luck trading today! Stay patient and focused. We’ll see our traders live on Zoom 30 minutes before the market opens for our mental training session.
To learn more about our trading group, visit MicrosTrader.com.
MORE INFORMATION:
Website: https://MicrosTrader.com
YouTube: https://www.youtube.com/@microstrader
Free Foundations Course: https://academy.microstrader.com/foundations-dashboard/
Keywords
ES Futures, MES Futures, high-probability trades, Bull/Bear Line, VWAP, trendline trading, NQ trading, market sentiment, FOMC, contract rollovers, end-of-year trading, retail sales, PMI data, trading runners, patience in trading, bounce levels, candle patterns, MicrosTrader.
SUMMARY:
- ✅ Patience is Key: Trading requires patience and understanding of key levels like the Bull/Bear Line and VWAP for better trade locations.
- ✅ News-Driven Week Ahead: Next week is packed with market-moving events like PMI data, retail sales, and the FOMC meeting.
- ✅ Review of Yesterday's Trades: Yesterday featured strategic long and short trades around critical levels, emphasizing strong trade management.
- ✅ Chart Insights: ES trades cleanly compared to NQ, making it ideal for those who prefer structured systems.
- ✅ Bulls in Control: With most indicators favoring the Bulls, the market leans toward strength as we head into the session.
ADDITIONAL LINKS:
- Day Traders Blog - Insights for Emini/Micro ES MES Trading
- CME Micros Info - Comprehensive Micro Emini Trading Details
- CME Trading Simulator - Practice Futures Trading
- Community Tab - Engage with the Emini Trading Room Community
- AM Briefing Archive - Past Emini/Micro ES MES Trading Sessions
- AM Briefing for Micros Scalping System - December 13, 2024
- Emini Trading Room - Key Levels and Trading System Overview
- Rumble Futures Trading Video - Key Levels, Tips, and Technical Analysis
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