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…
Yesterday during the normal trading activity, price action dramatically moved lower with a series of lower highs and lower lows before finding minor support near the intraday lows area. After-hours and overnight price action consolidated in the lower 1/3rd of the prior day’s range and remained below the 20MA during pre-market. After retesting the prior day’s low area, momentum retraced back towards the 20MA heading into the opening bell.
After the opening bell, price action initially moved slightly higher above the opening bell and found minor resistance near the pre-market highs, then reversed and retraced 100% back to the opening bell and moved lower.
We took an ultra-aggressive trade SHORT based on new intraday lows 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.