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.
LIVE Detail Chart Analysis and Reviews provided in Inner Circle LIVE Trading Room with digital video and audio.
So we watched our ES 5 Minute Complete rules and Market Cycle Analysis conditions for evidence of setups from Candlestick analysis, chart formations and patterns and price action.
Economic News:
Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
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Price action continued the multiple day uptrend in after-hours and overnight as momentum drastically slowed down and consolidated in the 62% retracement levels area. Pre-market price action found minor support heading into the opening bell as it crossed above the prior day’s high area in a mini market cycle phase 2 uptrend with higher highs and higher lows.
After the opening bell, price action moved slightly lower before a failed breakout attempt.
We took several ultra-aggressive SHORT trades based on flag pattern breakdowns and new intraday lows and captured 1.0+ points profit in each.
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.
