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.
Economic News: Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
Price action reopened Sunday afternoon and gapped downward with a continuation of the mini-market cycle phase 4 downtrend. After finding minor support near the 62% Fibonacci levels, momentum retraced in an extended flag pattern overnight and heading into the pre-market and opening bell.
After the opening bell, price action consolidated sideways and then formed a multiple bar candlestick reversal pattern with bullish momentum.
We took an ultra-aggressive LONG trade based on the 3-bar candlestick bullish reversal pattern and we captured 2.0+ 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.