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.
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Pre-market Economic news and reports…
Overnight price action consolidated in the upper 1/2 of the prior days range. With multiple flag patterns and price action in a mini market cycle phase 2, took a LONG position once price action broke above the prior flag pattern high.
Micro-managed the trade on the 1-minute chart using a slow trailing stop as price action slowly went in our favor. Took 6+ points profit.
Duration: 13+ minutes
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