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.

Pre-Market Analysis:

Detail Chart Analysis and Reviews provided in new & improved video format with audio.

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Economic News:

Pre-market Economic news and reports…

Explanation:

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.

Price action was very choppy heading into the opening bell. Watching our 1-minute charts, price action show momentum to the downside with lower highs and lower lows while remaining below the 20-MA.

Once we had confirmation of the lower swing pivot below the opening bell, we took and aggressive SHORT and price action immediately went in our favor and we took 2+ points profit. Markets moving extremely fast. 

Duration: 1-minute

Extra Trades:

Markets continued to show weakness and the mini market cycle phase 4 with lower highs and lower lows on the 1-minute charts. Took another SHORT and micro-managed the trade on the 1-minute charts. Took 3+ points profit. 

With price action closing below the prior day’s low, we could have managed the trade more carefully for more profits!

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