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…
Today price action continued to show weakness as a part of the mini market cycle phase 4 with lower highs and lower lows. With the confirmation of price action below the opening bell and closing below the prior day’s low, we took an aggressive SHORT. Price action slowly went in our favor and we micro-managed the trade using our 1-minute charts. Closed the trade with 7+ points profit.
With price action continuing to show weakness after the flag pattern and prior weight-of-evidence, we took another aggressive SHORT and took 2+ points profits.
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