Monday Nov 24: Inside the Micros Room: ES & MES Trade Plans and Price Zones
MES Micros Key Levels & Setups
Monday November 24, 2025
In this AM Briefing, Micros Trader delivers a methodical assessment of market conditions alongside a compelling psychological framework rooted in faith and discipline. The current market is described as structurally bullish but psychologically complex, requiring traders to adopt a posture of cautious observation rather than execution. Long-term analysis points to a distant, untested daily level, reinforcing the value of patience in strategy. Beyond charts and setups, the briefing emphasizes that a trader’s identity must be anchored outside the market—specifically in faith—enabling resilience amid losses and detachment from outcome-based self-worth.
Opening Remarks
Micros Trader begins today’s AM Briefing by grounding the session in both technical strategy and psychological readiness. The tip of the day sets the tone: "No setup means there's no trade. What do you do? You wait." This principle isn’t just a rule—it’s a trading philosophy rooted in discipline and patience.
He draws an analogy between trading and aviation: "Flying is characterized by hours of sheer boredom followed by a few moments of sheer terror." Similarly, a successful trader spends most of the session watching and waiting, with only brief periods of actual trade execution.
The Discipline of Waiting
Micros Trader outlines two phases of waiting critical to effective execution:
- Waiting for a valid trade setup.
- Waiting patiently to manage the trade once in, particularly when holding a runner.
Both require emotional discipline, especially in high-stakes market environments. He reiterates that good trading is characterized by inaction until the right moment presents itself. The lesson is clear: patient observation is not only acceptable, it is the professional posture.
Market Analysis and Long-Term Structure
Shifting to technicals, Micros Trader reviews a weekend exercise designed to reframe chart analysis. The challenge was to treat the daily chart as if it were a three-minute chart, seeking to identify key levels without bias.
The conclusion: The market has broken below a linear regression trendline. However, it's "laddering up," showing bullish behavior. Many of the previously strong levels have been hit and tested. Each test weakens a level further.
This isn't a prediction but an observational takeaway—there is a clear long-term price magnet well below current price.
Intraday Posture and Current Market Conditions
From an intraday standpoint, Micros Trader describes a paradoxical environment. Price is holding above the halfback and in the upper distribution—conditions that appear bullish. However, he asserts, “Bears control.” This contradiction defines the current complexity.
He cautions against misinterpretation: “This is not bearish, although the bears control. So it’s a very complex place to trade.” There were solid overnight bounces off pre-published weekly levels, but none lined up with the battle plan. Therefore, no trades were taken.
“I have no interest in trading here,” he states. The trading DOM will remain closed until price reaches a designated battle plan level. The bull/bear line at 6731 is the current key level. Until price interacts meaningfully with that area, his plan is to observe.
Psychological Framework: Faith Over Methodology
A major section of today’s AM Briefing focuses on mindset. Micros Trader transitions into a faith-based discussion about trading identity and emotional resilience.
Many traders place their faith in their system, their edge, or their track record. But what happens when the market does something their system didn’t anticipate? For example, a gap against a position or a one-tick stop-out. Micros Trader warns: "That faith will crumble."
Instead, he proposes a different foundation: "When you anchor your confidence in something unchanging... you can execute your edge without desperation."
This separates self-worth from daily P&L, enabling objective, calm execution even after losses.
- You can take a stop loss without spiraling into self-doubt.
- You can pass on trades without feeling FOMO.
- You can lose ten trades in a row and still return with discipline the next day.
The Holistic Definition of a Setup
A proper trade setup includes more than chart patterns. It includes personal readiness and environmental stability.
Traders are advised to ask: "Am I ready to trade? Should I be trading?" External distractions (like trading from a car line) and technical risks (like unstable internet) disqualify a trade, regardless of what the chart shows.
Micros Trader recommends a “pre-flight” check before each session—and especially after returning from breaks like the New York lunch.
Risk Management Rules
To protect emotional and financial capital, clear risk protocols must be in place:
- A maximum daily loss must be defined. Once hit, stop trading.
- A maximum weekly loss is also required. If this is hit, you're done for the week—even if it’s only Tuesday.
These non-negotiable limits serve to "protect you from you," ensuring longevity in the game.
Essay Format Questions
- What emotion affected your trade today?
- How will you respond differently next time?
Emotional Reinforcement Practice
Micros Trader closes with a simple but powerful journaling exercise.
At the top of each journal entry, traders should write:
After every trade—win or loss—read this line aloud before continuing. This habit conditions a trader to separate performance from identity and fosters emotional resilience through repetition.
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