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…
Using 1-minute charts, we waited for confirmation of price action closing below the opening bell. We took an aggressive trade SHORT and as price action immediately went in our favor, we moved the stop to break-even for a “free trade”. Micro-managing the trade, we took 4+ points.
Notice price action broke below multiple day lows including the prior day’s low. Continue to look for market cycle phase 4 momentum.
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