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

In today’s AM Briefing from MicrosTrader.com, traders were urged to mind their ATR readings and adjust leverage accordingly, especially amid volatile market events. The session reviewed a successful short setup and emphasized the utility of Tradeovate’s TradingView integration for seamless execution. Key price levels from battle plans showed high respect, confirming their strategic value. Members were reminded to trade selectively and only when price action aligns with personal strengths. RESOURCES:

▶️ Free "Futures Foundations Course"

▶️ Membership Options

▶️Youtube Community Updates

TRANSCRIPT:

Good Morning & Welcome

Good morning, everyone! Welcome to the AM Briefing brought to you by MicrosTrader.com, where together we trade better—the home of “there’s always another high-probability trade around the corner.”

Happy Wednesday, April 16th. We do have some events going on today, including Jerome Powell speaking, but let's begin with today's Scripture.

Daily Scripture

Romans 1:17
“For in it God's righteousness is revealed from faith to faith, just as it is written: The righteous will live by faith.”

Tip of the Day

We actually made today’s tip while we were live on YouTube yesterday. If you'd like to be notified when we go live, be sure to subscribe and hit the notification bell.

Today's Tip: Pay attention to the ATR (Average True Range) on the 3-minute chart and combine that with your leverage metrics. On high ATR days, your leverage should be significantly reduced. Here's how you can think about it:

Start with your daily loss limit.
Decide how many points you're willing to give up each day.
Example: ATR is 10 and you want to lose max 20 points → Stop loss = 15-20 points = 1 trade with 1 contract.

When ATR hits 10+, dial it down. A single 25-point candle can wipe you out. Remember: “Trump Tariff Wars = Dial It Down.”

Wednesday Outlook & Market Events

Today is Wednesday, and we are live on YouTube for the Retail Sales data. I might go live again when Powell speaks—just for the fireworks.

Reminder: Tomorrow is OPEX (Options Expiration), which means today is the day before OPEX. I consider the morning a green trading zone, but be cautious in the afternoon.

Watch that ATR.

Battle Plan Insights

Although the battle plan is not yet listed as an official member benefit, I’ve been consistently sharing it with our group. Each night, I map out my high-timeframe engagement zones, focusing on where I want to trade—not on every tiny fluctuation.

Yesterday’s plan suggested we needed to move lower. I marked key Strong Levels, and price respected those areas beautifully.

Trade Recap

Yesterday:

We gapped down on the open.
I was short, captured 50% of the move with one contract.
Three-contract system strategy: one off at 10 pts, one off at 5 pts, third runner with -5 pt stop for a 50-point target.

Unfortunately, the market pulled back before hitting my target. I also went long at 9150 using the Tradeovate platform, which is fast and seamless for chart trading.

Platform Preference

I’ve used TradeStation and TastyTrade, but Tradeovate with TradingView ($10/month) is by far the most seamless chart trading platform I’ve used. Orders sync instantly between DOM and chart.

Highly recommend it—definitely worth the $10.

Current Price Action & Key Levels

My primary scenario is still active. We’re watching key lows: London low, Asia low, and our Strong Levels. A pullback to these areas could offer a fantastic long opportunity.

We love trading the ES (E-mini S&P 500) because it's so precise. Trading the NQ (Nasdaq) in the same way often lacks this level of precision.

Group Training & Encouragement

If you're frustrated with the NQ one-minute chart, consider switching to ES—it’s cleaner and works beautifully with our system. Know your strengths and trade setups that suit your style.

I’m proud of our traders who recognized bad price action and chose not to trade. That’s growth.