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.
Overnight price action started to retrace in the after-hours market with a series of lower highs and lower lows. The 20MA started to converge downwards towards the 200MA as price action remained in the middle of the prior day’s range and from a birds-eye view, you can see the extended flag pattern from the multiple days move off the previous lows.
Volatility continues to be extremely high with excessive intraday ranges.
Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
For ultra-aggressive traders, during the first-hour session, there were no aggressive entries that could lead to quick small profits.
For traders focused on higher quality trading, there were no good candlestick or chart pattern setups for quick profits.
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