ES MES Futures Trading: Key Levels, Tips, Technical Analysis. Friday "AM Briefing"

Preparing ES Emini & MES Micros Traders
For Our Emini and Micros Futures Trading Room



The futures market is poised for a volatile week ahead as traders brace for contract rollovers, FOMC decisions, and options expirations. While Friday’s session remains within previous ranges, bears continue to exert control, though a breakout may be imminent. Yesterday’s trading saw significant gains from well-placed long positions, with some traders capturing up to 50 points. Looking ahead, traders are strategizing for high-probability setups, eyeing liquidity grabs and potential breakout moves. RESOURCES:
            
▶️ Free "Futures Foundations Course"             
▶️ Membership Options      
▶️Youtube Community Updates             
▶️ Website for ES MES Trading Room (Back Up)


TRANSCRIPT:

Welcome ES MES Futures Traders

AM Briefing Video

Welcome to the AM briefing video presented by MicrosTrader.com, where together, we trade better!

Good morning, everybody, and happy Friday, March 14th—the end of the week!

This Week's Scripture

Micah 6:8

"Mankind, He has told you what is good and what it is the Lord requires of you: to act justly, to love faithfully, and to walk humbly with your God."

Tip of the Day

What does your trade plan say about which trades you can take when the charts are rocking and rolling? Map out your trade and take it with confidence.

If you like what we do here, please like, share, subscribe, hit the notification bell, and leave a comment!

News Drivers

Today, 30 minutes after the market opens, we have sentiment and inflation expectations data being released. In my opinion, it's an "orange day" in terms of market impact.

Three Big Events Next Week:

  • Contract Rollover – We will start trading the new contract and marking new levels on Tuesday.
  • FOMC MeetingTuesday is the day before FOMC Wednesday, which is crucial for market movements.
  • Options Expiration WeekThursday is the day before options expiration, and Friday is options expiration day itself.

If you’re looking for a good week to take off from trading, next week might be it! Volatility is high, and the price action has been wild.

Yesterday's Market Review

A couple of great things happened in yesterday’s trading session.

We pushed down to the bottom of the range we had drawn yesterday, and as I mentioned before, the bottom of the range is a better place to look for a long entry. We mapped it out, got the entry, and took the long.

  • Grandpa Roger made 50 points on this move with three contracts.
  • I took only one contract because I had an incredible trading day the day before.

Key Lesson from Yesterday

When you are countering who controls, be aggressive in your take profits (TP).

Overnight & Current Market Outlook

Looking at the 30-minute chart, here’s where we stand:

  • We are still inside yesterday’s range, meaning bears still control.
  • A change in trend would likely happen if we see one more ladder up above the current levels.

Trading Plan for Today

I’ll be looking for longs as long as we remain inside this range. Ideally, I’d like to see a move where we:

  1. Grab liquidity from these two pools.
  2. Make a strong move back in.
  3. Get above the parabolic trendline for a long entry.

Final Thoughts

If you’d like to trade with us, check us out at MicrosTrader.com or grab a Zoom pass.

Stay green, my friends!

MORE INFORMATION:

Keywords:

ES futures, MES trading, Emini trading, day trading, futures market, FOMC, contract rollover, market volatility, options expiration, price action, trading strategy, risk management, liquidity pools, technical analysis, trade planning, trading discipline, market sentiment, trade execution, breakout trading, range trading.

SUMMARY:

  • Market Overview: Today’s market impact includes sentiment and inflation expectations data, making it an "orange day." The final full week of contract rollover is in progress.
  • Next Week’s Key Events: Contract rollover starts Tuesday, followed by FOMC on Wednesday, leading into options expiration on Friday. Volatility is expected to be high.
  • Yesterday’s Trade Review: A strong long trade from the bottom of the range resulted in great profits, with some traders making up to 50 points. Counter-trend trades required aggressive take profits.
  • Current Market Outlook: The market is still within yesterday’s range, with bears maintaining control. A bullish breakout may occur if key liquidity pools are taken out.
  • Trading Plan for Today: Looking for a strong liquidity grab followed by a move above the parabolic trendline for a long entry.


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