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…

Mastering-the-Market-Cycle2

Price action consolidated yesterday during the normal trading hours and continued in after-hours and overnight in a tight range. The 20MA continues to converge slightly upwards at it is extended and above the 20MA. With price action at all-time highs, markets starting to shows early signs of exhaustion.     

During pre-market, price action formed a 2X bottom (i.e., W-pattern) and continued to show strong evidence and confirmation of a mini market cycle phase 2 uptrend. We took an ultra-aggressive trade LONG based on the Pre-market High flag pattern breakout and we captured 1.0+ 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.