ES & MES Futures Trading – Key Levels & Technical Tips Monday

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



The latest market briefing from MicrosTrader includes a deep dive into Daniel 3:18, reinforcing spiritual discipline alongside trading rigor. Traders are advised to track performance metrics religiously to enable growth, with Monday flagged as a cautious trading day due to post-holiday volatility. The community is set to benefit from a revamped journaling tool aimed at simplifying performance review. Short or flat positions are favored amid a bearish trend, with real-time analysis continuing via the group’s Zoom trading room. RESOURCES:
            
▶️ Free "Futures Foundations Course"             
▶️ Membership Options      
▶️Youtube Community Updates


TRANSCRIPT:

Weekly Scripture

“But if not, let it be known to you, O king, that we do not serve your gods, nor will we worship the gold image which you have set up.” — Daniel 3:18

The Book of Daniel is incredible. If you’ve never studied it, I highly recommend it. This week’s scripture comes from Daniel 3:18. It reminds us to worship the one and only true God — a powerful message I deeply believe in.

Tip of the Day

You can’t systematically improve what you don’t measure continuously.

Ask yourself:

  • Are you measuring your trade performance?
  • How about your psychology performance?
  • Do you assess your performance by hour, AM vs. NY lunch, PM vs. overnight?

Without continuous measurement, improvement remains elusive.

This Week’s Market Overview

Today is Monday, April 21st. It's the day after a holiday, which usually brings choppy and unpredictable price action. I'm calling today an orange trading day — exercise caution.

Even though I debated whether to be on today, I’m live with our traders on Zoom. If you'd like to join us, grab a Zoom pass or consider becoming a member.

Key News:

  • Wednesday: The Beige Book releases in the afternoon. It’s a yellow folder event, so it may not show up on all economic calendars — stay alert if you’re trading then.

Overall, I see this as a green trading week, aside from Monday’s potential for erratic price action.

Weekly Schedule

  • AM Briefing: 30 minutes before the market opens via Zoom.
  • Mental Training: Members, join 10 minutes before the open.
  • Free Resources: Be sure to take the free Foundations Course and the Trader Test.
  • Badge System: Members are encouraged to earn their badges by learning and demonstrating their understanding of the three primary bounce levels.

Submit your charts, and I’ll personally grade and provide feedback until you get it.

Tools & Journal Updates

We’ve updated the Strong Indicator (Version 4.21). You may need to remove and reinstall it.

I also previewed our upcoming trade journal system. Its goal: simplify journaling and eliminate overwhelm.

Features include:

  • Journal entries tied to daily lessons.
  • Search functionality for lessons and errors.
  • Hover tooltips showing trade outcomes and notes.
  • Important trades can be filtered easily.

Still a few technical steps left before full release — such as rerouting image uploads to an S3 server — but version 1.0 is coming along nicely.

Market Analysis

Advice to our traders last night: Don’t trust any up move until we flush Wednesday’s low. Well, we’ve flushed it.

We’re now back at Friday’s low, and I’m watching closely. There’s potential for a 100-point drop from here. However, I won’t go long unless we drop another 100 points.

Key observations:

  • Strong bounce zones and trendlines are active.
  • ATR was low in the overnight session, signaling slower movement but a steady trend south.
  • Bears appear to be in control.
  • I’m either short or flat — not looking for longs in this zone.

I’ll be monitoring price action closely with our group. As always, we trade based on chart development, not prediction.

Final Thoughts

If you’d like to trade with us, visit MicrosTrader.com. Grab a Zoom pass or consider becoming a member. I’ll see our traders live at the top of the hour for our mental training.

Stay green, my friends!

MORE INFORMATION:

Website: https://MicrosTrader.com
Youtube: https://www.youtube.com/@microstrader
Free Foundations Course: https://academy.microstrader.com/foundations-dashboard/

KEYWORDS:

futures trading, day trading, ES futures, MES, market structure, trend lines, trade journal, trade performance, AM vs PM sessions, strong levels, bounce levels, ATR, Beige Book, trader psychology, market analysis, short bias, trading tools, Zoom trading room, trading education, trader test, price action, E-mini, MicrosTrader

SUMMARY:

  • ✅ Scripture of the Week: Daniel 3:18 reminds traders to remain faithful despite external pressures.
  • ✅ Trading Tip: Continuous measurement of trade and psychology metrics is essential for improvement.
  • ✅ Market Overview: Post-holiday trading brings caution; Monday marked as an orange trading day.
  • ✅ Tool Updates & Journaling: A new version of the trade journal is in development, streamlining trade tracking.
  • ✅ Market Outlook: Bearish conditions prevail, with short or flat positions preferred until key levels shift.


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