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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After-hours and overnight price action found support near the prior day’s low area and reversed and crossed over the 20MA as it retraced back inside the prior day’s range towards the 200MA. Price action then consolidated in a flag pattern heading into the pre-market and opening bell.
After the opening bell, price action oscillated around the 20MA and the opening bell before moving lower with bearish momentum. After a 100% reversal with price action, we looked for bullish setups immediately.
We initially took an ultra-aggressive trade LONG based on the 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.