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 continued the prior day bullish momentum in after-hours as it moved above the prior intraday highs area and then begin consolidating overnight around the 20MA. Very little price action movement heading into the opening bell as it continued to consolidate in a range.
After the opening bell, price action initially moved lower below the opening bell and found minor support, then reversed and retraced 100% back to the opening bell and moved higher.
We took an ultra-aggressive LONG trade based on new intraday highs and opening bell crossover and we captured 2.0+ points profit.
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.