Wednesday Nov 19: ES & MES Levels and Setups and Plans for Today’s Trading Session
ES Emini MES Micros Trade Plan
Wednesday November 19, 2025
In the latest AM Briefing, Micros Trader outlined a bearish market structure defined by lower highs and lows, noting that long trades remain counter-trend and should be approached with caution. The market is currently consolidating within a tight high-timeframe range, bounded by key support and resistance levels, including the critical “Teflon Don” level. Emphasizing a disciplined and patient approach, the strategy encourages traders to focus on single high-quality setups and hold a portion of the trade to capture extended moves. The session also included psychological coaching, urging traders to build faith in their process and prepare for volatility surrounding the upcoming FOMC minutes and NVIDIA earnings report.
Opening Remarks
Micros Trader begins today’s AM Briefing with a focus on perseverance, mindset, and high-level trading strategy. The opening tone is motivational, emphasizing the long-term journey of becoming a consistently profitable trader.
"Never give up. The trader you'll be a year from now is rooting for you. Trading will break you down and rebuild you, and piece by piece, it will make sense. Don’t give up on your future self. Your future self is depending on you."
Market Analysis and Current Conditions
Micros Trader analyzes the current market structure, identifying the prevailing trend as bearish. He notes, “It’s still laddering down, making basically lower highs and lower lows,” framing the market under bearish control. As a result, long positions are explicitly counter-trend and should be sized small or avoided altogether.
Even within this bearish environment, he highlights the potential for powerful upward bounces from well-defined zones. These moves can be significant if price reaches a key support and reacts sharply.
The market is currently locked in a tight range, described as a “massive chop zone,” confined between strong support and resistance. Micros Trader emphasizes that this state won’t last: “ES is not going to stay between these strong levels for too long. It's going to get out of them.”
Yesterday's session showed a move up to a higher Point of Control (POC), but the close was weak. The weak close reinforces the larger bearish narrative, even though intraday strength can still emerge. An ideal bullish scenario would include a gap-up open that stays above the London low and camps near the upper distribution before breaking higher.
Key Technical Levels
The market is operating inside a defined high-timeframe range, from 66.77.25 to 66.33.75. The strategy in such conditions is straightforward: short at the top, long at the bottom, until proven otherwise.
The Battle Plan Zones—Micros Trader's pre-market mapped trade zones—continue to guide entries. He references two examples:
- Battle Plan Trade #4: A successful long bounce from a support level.
- Battle Plan Trade #2: An overnight long trade that also worked well from a lower support zone.
Glossary of Key Terms
- POC: Point of Control — the price level with the highest traded volume during a session.
- Bull/Bear Line: A predefined level that distinguishes bullish from bearish sentiment during the week.
Trading Strategy and Execution
The primary trading philosophy centers around taking one excellent trade and letting a portion of the position run—what Micros Trader calls “holding a fricking runner.”
"You don’t have to do a thousand trades. You need a great trade and then hold a runner… We don’t need a ton of trades. We need a great trade and a great trade location. Location is really, really key."
The strategy discourages overtrading and instead rewards patience and discipline. Micros Trader contrasts this with the urge to take “20 scalps a day,” which often leads to burnout or missed larger moves.
A strong emphasis is placed on the nightly preparation of a “Battle Plan.” This plan lays out the expected trade zones and setups in advance, removing the emotional component from trading decisions. When price arrives at a battle zone, a core tactical strategy is executed.
Essay Format Questions
- What emotion affected your trade today?
- How will you respond differently next time?
Psychological and Mindset Coaching
Micros Trader places strong emphasis on faith and psychological resilience. He describes each trade as an “act of faith” in the plan and the process.
“You can't see the future... Yet you click the button anyway, based on the conviction in your edge, your analysis, and your plan.”
He continues by discussing the importance of executing through drawdowns. Even after three consecutive losing trades, the right thing to do is to take the fourth if the setup aligns with the plan.
He recommends a powerful daily routine: create a “faith statement” about your trading plan and read it aloud each morning. This ritual reinforces conviction and consistency, especially in periods of uncertainty.
Upcoming Market Catalysts
- FOMC Minutes: The release of the latest Federal Open Market Committee meeting minutes may influence market direction and volatility.
- NVIDIA Earnings: NVIDIA is scheduled to report earnings after the market close, which Micros Trader identifies as “the big one” due to its potential to affect tech sentiment and the broader market.
COMMON QUESTIONS FOR MES MICROS FUTURES TRADERS
How should a new MES trader handle a winning position instead of scalping?
You don't need a ton of trades, but rather a great trade and a great trade location. The goal is to show how much you can make off a single MES contract. Hold a runner and let it do its job instead of getting bogged down with 20 scalps a day. You hold the runner because you have conviction in your target, even if fear whispers to take profit early.
What is the current market direction or bias for ES micro futures?
Looking at a higher timeframe, we are still laddering down, making lower highs and lower lows. The waterfall is still falling down, and bears control. Long trades are considered counter to this move, and if taken, should be small, if at all. Be especially careful with longs if the price gets underneath the "watch out below" line and gains acceleration.
Why is having faith and conviction important in MES futures trading?
Trading will break you down and rebuild you, so the tip of the day is to never give up, as your future self is depending on you. Every trade you take is an act of faith because you cannot see the future; you click the button based on conviction in your edge, analysis, and plan. It is important to execute your plan consistently, trade after trade, regardless of short-term outcomes. You must have assurance in your process, even when profit is not yet visible.
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