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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Economic News: Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
Overnight price action consolidated around the prior day’s high area as momentum sustained the bullish intraday move. After-hours and overnight price action converged in a triangle pattern and slowly continued to move above the prior day’s high area towards new pre-market highs with the 20MA converging upwards and above the 200MA.
After the opening bell, price action initially barely moved higher from the pre-market bullish momentum and we took an ultra-aggressive LONG trade and captured 1.0+ point. The markets immediately reversed and moved below the opening bell and we waited for confirmation of a lower high.
We took several ultra-aggressive trades SHORT based on the flag pattern breakdowns and we captured 2.0+ points profit in each of them.
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.