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

Price action consolidated sideways around the 20MA in the prior day’s range during after-hours and overnight as the markets are anticipating the results from the FOMC meetings. The initial retracement from the prior overnight lows formed a lower high.    

After the opening bell, price action consolidated sideways and then formed a multiple bar candlestick reversal pattern with bullish momentum as it moved higher towards the intraday highs. 

We took an ultra-aggressive LONG trade based on new intraday high breakout and we captured 1.0+ points profit.   

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.