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 opens and immediately move lower continuing the pre-market weakness. After the opening bell, price action momentum moved aggressively lower with a series of lower highs and lower lows followed by flag patterns the entire trading day and continued in after-hours. Eventually, price action found some minor support during overnight and crossed back above the 20MA while retracing heading into the pre-market and opening bell.
Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
After the opening bell, price action immediately moved lower and once we had confirmation of a lower high, we took an aggressive SHORT entry based on a breakdown and new intraday lows. Price action slowly moved in our favor and we captured 2.0+ points profit.
Mini Market Cycles Analysis: