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.
Price action consolidated inside the prior day’s range as it oscillated around the 20MA. After a multiple day mini market cycle phase 2, momentum seems to be retracing as it tested the prior day’s low area heading into pre-market and the opening bell. The 20MA has started to converge downward as it continued to remain above the 200MA.
Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
With the FOMC meeting looming over the markets, price action consolidated in a very tight range this morning and we decided to sit on our hands the first hour and wait patiently for more weight of evidence.
Mini Market Cycles Analysis: