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.
Price action remanded inside the prior day’s range and oscillated in a multiple day triangle chart pattern with the 20MA converging towards the 200MA. Volatility continued to be persistent as price action has not found steady direction. Overnight price action continued to move slightly lower away from the upper boundary of resistance heading into the pre-market and opening bell.
Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
After the opening bell, price action went below the opening bell. We waited for confirmation of follow-thru and we took an ultra-aggressive entry SHORT based on new intraday lows and price action went in our favor and we captured 2.0+ point.
Mini Market Cycles Analysis: