Every Day we use the following Scalp Trading Strategies…
Top-down approach starting with using the 30-minute charts. Yesterday, price action retested the prior day’s high vicinity and then during after-hours and overnight, price action moved lower and crossed below the 20MA as it moved lower in a mini-market cycled phase 4 downtrend heading into pre-market and the opening bell.
Pre-market momentum was slightly bearish. After price action found minor resistance and moved lower with a series of lower highs and lower lows, we took an ultra-aggressive SHORT based on flag pattern breakdown and we captured 2.0+ points.
Mini Market Cycles Analysis
Normally we go for at least $400 profit with 1 contract and more profits with 2+ contracts each day and adapt or adjust based on the intraday market conditions to make it easier for pursuing our Daily trading goals.
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.