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.

Pre-Market Analysis:

Detail Chart Analysis and Reviews provided in new & improved video format with audio.

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Economic News:

Pre-market Economic news and reports…

Explanation:

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.

Overnight price action consolidated in the upper 1/3 of the prior day’s range. With multiple flag patterns and price action continues to be in a mini market cycle phase 2 from Friday, took a LONG position once price action confirmed being above the opening bell and a higher low.

Micro-managed the trade on the 1-minute chart using a slow trailing stop as price action slowly went in our favor. Took 2+ points profit.

Duration: 4+ minutes

 

Extra Trades:

With price action in a mini market cycle phase 2 and strong weight-of-evidence, took another aggressive LONG position and slowly watch price action go in our favor and took 2+ points profit.

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