ES MES Futures Trading System: Key Levels, Tips, Technical Analysis. Wednesday "AM Briefing"
Preparing ES Emini & MES Micros Traders
For Our Emini and Micros Futures Trading Room
For Our Emini and Micros Futures Trading Room
The CPI day is poised for significant volatility as futures traders navigate an average 72-point range on release days. Today's AM briefing emphasized the importance of strict adherence to trading rules over profit, given the heightened risk levels. Historical data from the last 12 CPI days underscores the need for discipline, with post-CPI ranges averaging 62 points. Feedback is requested on refining the daily briefings, with live analysis scheduled an hour before the market opens to track the volatile CPI candle. RESOURCES:
TRANSCRIPT:
Welcome ES MES Futures Traders
Good Morning & Today’s Verse
Happy CPI Day! Today is Wednesday, December 11. Let's reflect on today’s scripture:
"But when the fullness of the time had come, God sent forth His Son, born of a woman, born under the law, to redeem those who were under the law, that we might receive the adoption as sons."
Galatians 4:4-5
Continuing our theme about the birth of Christ this January, I have some exciting plans for next year that I’ll share as we approach year-end.
AM Briefing Overview
Welcome to the AM briefing by MicrosTrader.com, where we aim to trade better together. There’s another high-probability trade around the corner, but let’s focus on today’s key themes.
Tip of the Day: Rules Over Profit
In trading, rules must always reign over profit. Here are essential questions to consider:
- What are your trading rules?
- When should you trade, and when should you stop?
- Are you adhering to your leverage metrics?
Leverage metrics training is available for free in the Foundations Course, even if you're not a member. Discipline and process must always triumph over profit, every day, forever.
News Drivers for the Day
Today’s primary driver is the CPI report. Here’s the outlook:
- Today (CPI Day): Volatile and red-level trading conditions.
- Tomorrow: Initially marked yellow but now shifted to red based on updated analysis.
- Friday: The last significant trading day for most retail traders before the contract switch.
Trading Levels & Volatility
Expect high volatility today, with potential eight-point candles on a three-minute chart. This environment requires caution and might even call for a no-trade day for many traders.
If you decide to trade, my prediction for the day is one word: pain.
CPI Data Analysis
An analysis of the last 12 CPI days reveals the following:
- Average CPI Day Range: 72 points.
- Day After CPI Range: 62 points.
- Highest Observed Range: 155 points (with a 100-point day after).
This data highlights the heightened volatility surrounding CPI releases. Today’s session is classified as Level 10 trading—proceed with extreme care.
Feedback Request
I need your help! Please provide feedback on the AM briefing by filling out a simple form (link in the description and comments). Let me know:
- What do you like or dislike?
- What should I keep or change?
- Should I continue the Bible verse, tip of the day, and news drivers?
Your insights are invaluable as I aim to improve the AM briefing experience.
Trading Schedule for Today
We’ll be live 1 hour before the market opens to trade the CPI candle. Together, we’ll assess how to manage volatility and trade levels as they develop.
MORE INFORMATION:
- Website: MicrosTrader.com
- YouTube: MicrosTrader YouTube Channel
- Free Foundations Course: MicrosTrader Foundations Dashboard
ADDITIONAL LINKS:
- Day Traders Blog for Emini and Micro ES/MES Updates
- CME Micros Info: Official Details on Micro Emini Equity Futures
- CME Trading Simulator: Practice Emini/Micro Futures Trading
- Community Tab for Latest Emini/Micro ES/MES Updates
- AM BRIEFING Archive: Explore Previous Technical Analysis for Emini/Micro Trading
- AM Briefing for Micros Scalping System: Wednesday Technical Analysis
- Emini Trading Room: Wednesday's Key Levels and System Overview
- Rumble Video: Futures Trading System and Key Levels for Wednesday
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