Monday August 4, 2025

Q: How does MicroTrader.com emphasise objectivity in trading?

The platform teaches traders to trade what is happening objectively, analyzing charts without personal bias to make decisions based on price action rather than opinions.

Q: What biblical scripture is referenced and how is it applied to trading?

Luke 16:13 is cited to caution traders against being 'a slave to both God and money,' emphasizing the importance of focus, discipline, and emotional detachment from financial outcomes.

Microtrader.com’s “Monday AM Briefing” emphasized the importance of objective analysis, disciplined execution, and advance preparation in trading. Traders were urged to follow a structured plan, use key tools like VWAP and strong levels, and operate within the defined high-time-frame range between 4531 and 4575. The briefing highlighted a successful 50-point overnight long setup that validated the week’s battle plan. Community support, journaling prompts, and practical trade management were also central themes of the session.

✅ Traders are urged to remain objective—"price doesn’t care about your opinion."
✅ Discipline grades help identify weaknesses in trading behavior.
✅ Battle plans provide structure with clearly marked trade scenarios and engagement zones.
✅ The current market is inside a defined range (4531–4575), with long or short leans depending on position.
✅ A long setup during the August 4th overnight session delivered a textbook 50-point move based on the battle plan.

📚 RESOURCES

▶️ Free "Futures Foundations Course"

▶️ Become A Member: ES MES Futures Trading Room

▶️ YouTube Community Updates

▶️ Trader Meditations: Journaling Software for Futures Traders

☀️ AM BRIEFING

Opening Remarks

Welcome to the Monday AM Briefing from Microtrader.com. Today’s session focuses on objectivity, discipline, and preparedness—three pillars of successful futures trading. These briefings aim to provide structure going into the week, combining technical levels, trade scenarios, and personal development.

Trading Philosophy: Objectivity, Discipline, and Preparedness

We lead off with an important reminder: price action doesn’t care about your opinions. It's essential to look at the chart objectively. Ask yourself, “Where are we? What are we doing?” and base your trades on that assessment—not on feelings or predictions.

Discipline is equally critical. This week’s journaling prompt from Trader Meditations asks, “What was your most common discipline grade and why?” If you’re consistently giving yourself a ‘C’ or ‘D’, that indicates something’s off in your process. The goal is to move toward consistent ‘A’ or ‘B’ level performance by sticking to your rules and executing your plans with precision.

Preparedness is about building a miniature battle plan before the market opens. This plan outlines three core trade scenarios, with preferred engagement zones marked in green. By knowing what you’ll do in advance based on market structure, you’re able to act decisively rather than emotionally.

Market Outlook and Key Levels

This week (beginning August 4th) is light on scheduled news events but heavy with earnings reports, which can still move markets. We're currently in a high-time-frame range that began forming in early July. Recognizing the market’s location within this range is crucial.

At the bottom of the range, the lean is long; at the top, the lean shifts short. The so-called “red zone” suggests looking for shorts, while the “green zone” supports long entries. The defined range spans from 4531 to 4575. If we break out of that range, follow breakout rules, which we’ve discussed in previous videos.

The speaker mentions that a bit of chopping or consolidation would be beneficial now. A few days of sideways price action could help confirm the range and give us better structure for upcoming trades.

Core Strategy and Tools

Microtrader’s methodology revolves around intraday scalping. The core tools used include:

Battle Plan: A pre-market plan with trade scenarios and key zones. Members can access these the night before.
Strong Levels: These levels are posted nightly and updated as conditions change.
New Week Opening Gap: A powerful setup. A trader named Caleb took a phenomenal trade off this last Thursday. Always mark this on your charts.
VWAP: Directional context matters. Right now, VWAP is trending up across the board.
End of the Day Chart: Members are taught to document trades and identify core strategy plays.
Range Rules: These rules help you engage effectively inside the current range.

Practical Advice and Reminders

Be aware of your account type. If you're using an intraday trailing drawdown prop account, you have less flexibility with runners compared to a cash or static account. Adjust your management strategy accordingly.

If you're in a successful long trade, stay with it. As we say in our group, “Play perfect chess.” That means knowing your stops and letting winners run when the market confirms your setup.

Community engagement is a big part of Microtrader. We host Zoom rooms, live trading sessions, and discussion groups. You're encouraged to participate and grow alongside other traders.

Don't forget: there’s a free foundations course available on the site. And if you want to catch live briefings, subscribe and hit the notification bell.

Overnight Market Performance (August 4th)

The overnight session showed solid alignment with our battle plan. Price dipped, found support, and rallied—aligning perfectly with the long bias we had outlined. This resulted in a 50-point move. The speaker notes they weren’t personally trading, but watching the setup play out according to plan was “beautiful.”

Final Thoughts

The Monday AM Briefing is a tool to keep traders centered and focused. By applying objectivity, maintaining discipline, and coming in prepared, you increase your edge. The week ahead offers opportunity, provided you stick to your plan and trade what you see—not what you feel.

❓ FREQUENTLY ASKED QUESTIONS

Trader FAQs from This Briefing

Q: What is MicroTrader.com and what services does it offer?
A: MicroTrader.com is a trading education platform offering a free Foundations Course, journaling software called Trader Meditations, live Zoom sessions, and pre-market "battle plans" outlining trade scenarios and strong price levels.

Q: How does MicroTrader.com emphasise objectivity in trading?
A: The platform teaches traders to "trade what is happening objectively," analyzing charts without personal bias to make decisions based on price action rather than opinions.

Q: What is the significance of the "battle plan" in MicroTrader.com's approach?
A: The battle plan is a nightly pre-market analysis that provides trade scenarios and key levels, helping traders build a structured, objective approach for the next session.

Q: What is the "core strategy" at MicroTrader.com and how does it relate to entries?
A: The core strategy is designed to find high-probability intraday scalping entries based on structure and strong levels defined in the battle plan.

Q: How does MicroTrader.com incorporate journaling into its trading methodology?
A: Through its Trader Meditations software, MicroTrader encourages daily journaling with prompts like “What was your most common discipline grade and why?” to promote discipline and reflection.

Q: What is the role of "range rules" in MicroTrader.com's trading philosophy?
A: Range rules guide whether traders should lean long or short based on market position within a range, using color-coded zones and predefined structure to determine bias.

Q: What is the overall trading philosophy regarding market direction and structure?
A: MicroTrader teaches traders to respect key levels, follow structure, and remain flexible—leaning long at range lows, short at highs, and adapting to VWAP and gap indicators.

Q: What biblical scripture is referenced and how is it applied to trading?
A: Luke 16:13 is cited to caution traders against being “a slave to both God and money,” emphasizing the importance of focus, discipline, and emotional detachment from financial outcomes.