Monday Jul 21: Get Ready to Trade: Key S&P Futures Prep for Our AM Room

Monday July 21, 2025

In Episode 474 of the Microtrader AM Briefing, the emphasis shifted from technical strategies to the importance of trading discipline and self-awareness. The speaker underscored that repeated rule-breaking, not inadequate strategy, is the primary cause of account losses. Market commentary pointed to a bullish ES setup amid a light news week, with attention on Tesla and Google earnings. The session concluded by promoting community features such as live briefings, journaling tools, and advanced trade mapping resources.
📚 RESOURCES
📄 TRANSCRIPT

Opening Remarks

Welcome to the Microtrader AM Briefing, Episode 474. Today’s session emphasizes the foundational elements of disciplined trading and the importance of inner work over constant strategy hunting. If you've been in a cycle of looking for the next best setup or system, this is your call to shift focus.

The Core Philosophy: Discipline Over Strategy

A major takeaway from today’s discussion is that consistent profitability comes not from adding more strategies, but from sticking to the ones you already have. The speaker drives this home by stating: "You don't need more strategies. You need to stop breaking your rules. If you followed your trade plan every day, would you ever blow an account? No, I don't think so. I don't believe your trade plan purposely makes you blow accounts."

This insight reframes the trader’s journey—not as a constant search for tools, but as a personal challenge to maintain discipline. Everyone has a “temptation of choice,” a rule that they repeatedly break. Awareness of this is the first step to correcting it.

Essay Format Questions

  1. What rule in your system do you consistently break, and why?
  2. What warning signs or internal cues signal you are about to break that rule?

Market Overview and Key Drivers

Looking ahead at the week, the news calendar is relatively light. Notable events include:

  • Non-Farm Payrolls (POW) tomorrow.
  • PMI data later in the week.
  • Durable goods orders.
  • New home sales.

Earnings season continues, and traders should be aware that earnings from Tesla and Google on Wednesday could introduce volatility—something welcomed by traders. As the speaker notes, "We live off of volatility."

The session also included a reminder on seasonality: "July tends to be up, up, and away. August tends to really stink." It’s wise to temper your expectations for August’s trading opportunities.

Current Market Posture: Bullish Dominance

The ES market has shown a confirmed breakout from the range noted two weeks prior—though only barely above the previous all-time high. Despite this marginal move, indicators support a bullish outlook:

  • Price is above halfback.
  • VWAP is moving upward.
  • Market is above VWAP.

As stated clearly: "This is not bearish. This is all bulls."

Key levels to watch for today include the RTH low and the 1125 strong level, both acting as potential support zones.

Trading Preferences and Aversion Zones

The speaker shared specific areas they tend to avoid in their own trading:

  • The upper distribution of RTH: “I just don’t like trading there. Bulls control, I’m not looking to short that, and I don’t like going long in the upper distribution.”
  • Near all-time highs: “That’s another area I tend to avoid.”

Patience is the main message. The speaker says, “I’m going to need something new to get me excited to actually launch my trading platform. Other than that, it’ll stay closed until I get something really, really good.”

Microtrader Community and Resources

  • Live Sessions: Zoom sessions begin 15 minutes before market open with a reminder 10 minutes prior.
  • Lunch & Learn: Now flows seamlessly from the morning session without a break.
  • Daily Recap Videos: These will highlight core and battle plan strategy trades.
  • Free Foundations Course: Available to everyone, especially useful for new traders.
  • Membership Benefits:
    • Learn three bounce levels and how to use them together.
    • Access to basic and advanced core strategy trades.
    • Use of the Battle Plan for mapped-out long and short trades.
    • Free 7-day trial available (without “strong levels”).
    • Full members get the “strong levels indicator” on TradingView.

The session ends with best wishes for the week ahead: “Stay green.”

Frequently Asked Questions

Q: How can I avoid breaking my trading rules?
A: Identify your most frequently broken rule and journal around the triggers and internal warning signs. Listening to your "inner voice" helps build discipline.

Q: What are the key levels to watch in today’s ES market?
A: The RTH low and the 1125 strong level were highlighted as the primary areas to monitor for support or rejection.

Q: What are the benefits of joining the Microtrader community?
A: Members receive daily live briefings, strategy recaps, mapped-out trade plans, and tools like the strong levels indicator on TradingView.

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