ES & MES Futures Trading – Key Levels & Technical Analysis Wednesday

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

In Wednesday’s AM Briefing from MicroTrader.com, the focus centered on proper execution and risk management of countertrend trades in futures markets. The presenter emphasized the importance of pre-planning, capturing partial profits, and adhering to firm stop losses without adjustment. A notable short trade from 44 followed a clearly defined battle plan and was managed effectively to extract five points. With key market levels such as the 2025 opening price and Tuesday’s point of control in focus, traders were advised to prioritize structural setups over emotional bias.

RESOURCES:

TRANSCRIPT:

Opening Remarks

Good morning, everybody. Welcome to the AM Briefing brought to you by MicroTrader.com, where together we trade better. Today is Wednesday, May 28th, and this is episode number 437.

"The one who walks with the wise will become wise, but a companion of fools will suffer harm."

Tip of the Day: Trading Countertrend

Today's tip: Did you take a counter trade? Was it in your trade plan? It should be small and pre-planned. Never add to a loser or move your stop—just get out. Capture part of the move, using the 50% rule or even a third if the location is strong. Anticipate bounce zones and exit before them. Remember: it’s a scalp, not a miracle trade.

News Drivers & Live Session

Eyes are on Nvidia earnings after the close, and FOMC minutes hit this afternoon. I'll be live 10 minutes prior and will stay on to watch Nvidia’s impact on price. If you’d like to join, there’s a link in the description.

Chart Review & TradingView Feedback

We reviewed battle plans drawn the night before. A rant followed on TradingView's new full-opacity replay text obstructing the screen. Visually distracting and unnecessary—hoping for a better implementation.

Trade Breakdown: Short at 44

Two trades today: a scratch long from 21 and a short from 44 that yielded 5 points. The latter trade followed a battle plan setup with a clear ladder and fair value gap. Stop was just one tick above the gap. Trade moved quickly in favor and was managed without moving stops.

Key level to watch: 2025 opening price — potential magnet for today's session.

Session Game Plan

Mark key levels: prior IB low, London high (backside), and the bull/bear line. Watch for price to grab liquidity pools and respond near strong levels. Plan is to short any clean shift with initial target at Tuesday's POC. Peel contracts progressively. Phrase of the day: structure over desire.

SUMMARY:

  • ✅ Counter trades must be pre-planned, taken small, and managed with firm stops
  • ✅ A short at 44 yielded 5 points thanks to clear battle plan alignment and fair value gap logic
  • ✅ Never add to losing trades or move stops—define where you're wrong and exit accordingly
  • ✅ Key levels include prior IB low, London high (backside), and the 2025 opening price as a magnet
  • ✅ Trading plan hinges on structure over desire, with setups guided by pre-drawn battle plans

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