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.
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Overnight price action slightly gapped up on Sunday afternoon and consolidated above the 20MA as it formed a triangle chart pattern with the upper boundary near the prior day’s high area. Pre-market momentum continued to push price action finally above the prior day’s high area and retesting the vicinity of the all-time high with the 20MA extended above the 200MA.
After the opening bell, price action continued the pre-market mini market cycle phase 2 uptrend and we took an ultra-aggressive LONG trade and captured 2.0+ points.
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.