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 consolidated during the after-hours near the prior day’s high area as it found an upper boundary of resistance and retraced during overnight in an extended flag pattern. After finding minor support slightly below the 20MA, momentum reversed and crossed above the 20MA during pre-market heading into the opening bell.
After the opening bell, price action continued the pre-market mini market cycle phase 4 downtrend as price action crossed below the pre-market triangle pattern lows.
We took an ultra-aggressive trade SHORT based on new intraday lows and we captured 2.0+ points profit.
Mini Market Cycles Analysi
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.