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 re-open Sunday afternoon and continued to show bearish momentum as price action remained below the Friday’s intraday lows and the 20MA continued to converge below the 200MA in a downward manner. During overnight and pre-market, price action found some minor support and started to retrace above the 20MA heading into the 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 several aggressive SHORT entries based on breakdowns and flag patterns. Price action slowly moved in our favor and we captured 2.0+ points profit on multiple trades.
Mini Market Cycles Analysis: