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.

Pre-Market Analysis:

Detail Chart Analysis and Reviews provided in new & improved video format with audio.

So we watched our ES 5 Minute Complete rules and Market Cycle Analysis conditions for more evidence of setups from Candlestick analysis, chart formations and patterns and price action.

Economic News:

Pre-market Economic news and reports expected to be very light, and similar to yesterday, unexpected news or events can cause markets volatility to increase and wild momentum changes.

Explanation:

We want to watch momentum as the r20MA converges upward with the f200MA, on the 5-minute charts, and we carefully will watch for more evidence from Market Cycle Analysis Guide, with candlestick analysis, chart formations and the ES 5 Minute Complete Strategy.

Considering that we have had very good trading activity and profits the previous three days, we want to preserve our profits and only look for “extremely high quality setups”.

With price action consolidating around the opening bell, and we are in the lower 1/3 of the prior day’s range with no strong weight-of-evidence, decided to sit-on-hands. 

Duration: none

Review all of our trades in the Quick Hits For Fast Profits Summary table…

Mid-Day Session:

Extra Trades: 

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