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.

LIVE Detail Chart Analysis and Reviews provided in Inner Circle LIVE Trading Room with digital video and audio.

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

 

Economic News: Pre-market Economic news and reports…

Every Day we use the following Scalp Trading Strategies…

Mastering-the-Market-Cycle2

Overnight price action consolidated around the prior day’s high area as momentum sustained the bullish intraday move. After-hours and overnight price action converged in a triangle pattern and slowly continued to move above the prior day’s high area towards new pre-market highs with the 20MA converging upwards and above the 200MA.   

After the opening bell, price action initially barely moved higher from the pre-market bullish momentum and we took an ultra-aggressive LONG trade and captured 1.0+ point. The markets immediately reversed and moved below the opening bell and we waited for confirmation of a lower high.  

We took several ultra-aggressive trades SHORT based on the flag pattern breakdowns and we captured 2.0+ points profit in each of them.

Mini Market Cycles Analysis

 

Normally we go for at least $400 profit, but today was extremely choppy market conditions.

Why is $400+ the magic number every day?

Because with discipline and focus every day, you compound your profits and start making $2,000+ every week or $100,000 after 50+ weeks. So every day…follow us and start your journey towards making $400+ every day.