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 consolidated yesterday in an extended all-day flag pattern. The indecisive direction of momentum continued in after-hours as price action attempted to retest the prior day’s low area and formed a 2X bottom. With the minor support, price action crossed above the 20MA and continued to slightly move higher as it also crossed above the prior day’s high area heading into pre-market and the opening bell.
After the opening bell, price action continued the bearish pre-market momentum and we took an ultra-aggressive trade SHORT based on the Opening Bell breakdown and we captured 2.0+ 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.