Mon AM Briefing: Inside the Micros Room: ES & MES Trade Plans and Price Zones
Mon AM Briefing: Get Ready to Trade: Key S&P Futures Prep for Our AM Room
As the final week of the futures contract begins, traders are navigating a choppy environment marked by sloppy setups and overlapping levels. While no strong directional bias has formed yet, structural cues suggest patience is key — with the Russell slightly leading and ENQ retracing from liquidity sweeps. A revised trading schedule introduces a Monday Lunch & Learn session, replacing the usual morning mental prep. Anchored in Joshua 1:9, today’s guidance emphasizes discipline, waiting for confirmation, and trusting the process.AM Briefing – Monday, June 9 (Episode 446)
Brought to you by MicroTrader.com, where together we trade better.
Scripture of the Week
"Haven’t I commanded you? Be strong and courageous. Do not be afraid or discouraged, for the Lord your God is with you wherever you go." – Joshua 1:9
This verse sat on my wife’s desk while two of our sons served in Afghanistan. It’s been an anchor of faith and resilience in our family — and for this trading group.
Tip of the Day
If nothing aligns with your mapped-out trade — you wait. That’s the discipline. You’ve already done the work. If the market doesn’t cooperate, there’s nothing to do. Sit back and wait — it’s a core trading edge.
Schedule Changes
This week marks the final week of the contract. We have CPI ahead and FOMC next week. Monday and Tuesday look light unless new developments arise between China and the U.S. in London sessions.
Important update: we’re replacing the Morning Mental Training (30 minutes before the open) with a Monday Lunch & Learn inside Discord. Sessions will run about 30–45 minutes, and we’ll let the material lead the way. Check the updated schedule at microtrader.com/schedule.
Member Reminders
New or returning traders: start with the Free Foundations Course. If you choose to become a member, follow the process. Earn your badges. Don’t shortcut the system — it’s designed to help you win.
Learn the first bounce level, submit your chart, and earn your badge. Do the same with the second bounce level. That second one is key because it refines and enhances the first. Many traders repeat this cycle two, three, or even four times before it all clicks — and that’s perfectly okay.
Chart Commentary
Last night on Zoom, we mapped trades live. I was targeting a specific level — it missed by a tick, so I passed. Eventually, price pushed through but in a sloppy fashion. I had one possible micro setup, but it didn’t perfectly touch the level and bounced early — I stayed out.
The ideal scenario was a morning push into resistance, followed by failure. That didn’t happen cleanly. One spot offered a maybe-entry on the backside of the move, using halfback as support — but that would’ve meant surviving a double tap. Messy price action. Triple taps everywhere. No clear read just yet.
Market Structure & Outlook
The Russell is leading, but overall structure isn’t bearish. ENQ cleared Friday’s liquidity (as we expected live last night) and is now retracing. This could be the start of a sustained move higher. Still — patience is needed.
As mentioned last night, it felt early for shorts and still might be too early for longs. I checked the chart multiple times overnight, hoping we’d take out the low to trigger a battle plan long — it didn’t happen. Be careful forcing trades here. Stay flexible as RTH volume arrives.
Final Notes
We’re live on Zoom today. We’ll continue tracking price action and waiting for high-probability setups. Be patient. Trust the system. Join us in Discord after the session for the new Lunch & Learn. If you’re serious about getting better, start here.
Frequently Asked Questions
Q: What should I do if none of my mapped-out trade setups are triggering?
A: The best decision is often to wait. If the trade doesn’t align with your plan, forcing an entry leads to lower-probability outcomes. Discipline means honoring your edge, even if that means doing nothing.
Q: Why was the morning mental training moved to a Monday Lunch & Learn?
A: The new schedule allows for deeper, more focused discussion after traders have already experienced the morning session. This format also gives traders a chance to reset and review setups before the afternoon begins.
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