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.
Economic News: Pre-market Economic news and reports…
Every Day we use the following Scalp Trading Strategies…
Price action rallied yesterday during the normal trading hours and after a small retracement in after-hours, momentum pushed price action above the 20MA and the prior day’s high area. Overnight price action converged in a triangle pattern around the 20MA heading into the pre-market and opening bell.
Pre-market conditions showed early signs of a mini market cycle phase 2 uptrend with higher highs and higher lows heading into the opening bell. After the opening bell, we waited for confirmation of a higher low, above the opening bell. We took an ultra-aggressive trade LONG based on new intraday highs and flag pattern breakout and we captured 2.0+ points.
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.