This commentary will focus on the first 60-90 minutes after the Opening Bell. However, our strategies can and will provide setups the entire trading day.
The Easiest Way To prepare for Scalp Trading the ES E-Mini Futures.
Overnight price action regained momentum as the prior day’s momentum during normal trading hours moved lower with lower highs and lower lows before finding minor support near the intraday lows. Price action retraced almost 100% off the lows towards the prior day’s high as the 20MA converged upwards with the 200MA heading into the pre-market and opening bell.
Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
Using our pre-market analysis, price action continued the uptrend after the opening bell, and we took an aggressive LONG entry based on price action crossing above the pre-market highs and later in the morning we took another LONG entry based on a HUGE market reversal and new intraday highs. We captured 2.0+ points profits multiple times.
Mini Market Cycles Analysis: