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.
Detail Chart Analysis and Reviews provided in new & improved video format with audio.
Pre-market Economic news and reports…
Overnight price action for the ES Emini Futures consolidated above the prior day’s highs and price action aggressively moved upwards Friday during market hours with a series of higher highs and higher lows. Price action currently testing the all-time highs area heading into the opening bell with a healthy pull back on the 1-minute charts. With all the weight of evidence strong, momentum leaning in the bullish direction.
Note: 20 Sessions can be scheduled over multiple weeks or months.
Immediately after the opening bell, consolidated sideways on the 1-minute charts for a few minutes and then markets provided several quick trades for ULTRA-Aggressive traders to go LONG for really nice profits.
For ultra-aggressive traders, with price action trending on the 1-minute charts, several LONG entry setups were considered to be very good opportunities for aggressive trading.
For traders focused on higher quality trading, one (1) possible 3-bar reversal candlestick LONG pattern was followed by a strong continuation of momentum for quick profits.
Duration: 6+ minutes
Unlock more trading tools to improve your trading instantly…