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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Price action re-opened Sunday afternoon and consolidated inside the prior day’s range with momentum not showing in direction overnight. The 20MA converging slightly below the 200MA heading into the opening bell.
After the opening bell, price action continued the pre-market mini market cycle phase 2 uptrend with a series of flag patterns and higher highs and higher lows above the opening bell.
We took an ultra-aggressive trade LONG based on new intraday highs and flag pattern 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.