Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P and the Euro futures. Today is Friday, August 31st, 2012.
 
The market opened up this morning at 1406.5 represented by this white dotted line. We generally don’t trade the first 15 minutes of the day from 9:30 until 9:45. We had a couple news announcements this morning. Chicago PMI, consumer sentiment and the most important was Ben Bernanke was going to say within that 10:00 speech. So we really pretty much sat on our hands most of the morning.
 
Came out. Very difficult to interpret when something is said by the Fed or by Bernanke. There was a quick selloff it seemed. Just sit on our hands and wait. I mean all, it got very volatile very quickly. And this quick move to the downside. Not much we could really do to get in on this. I’m not a breakout trader. I’m more of a pullback trader. And even then I was a little bit apprehensive at around 10:14 when the market took off to the upside, but there was a nice clean setup. I did not take it. That’s why it’s written in yellow. But there was a nice clean setup. Take off. Breakthrough. Pullback. If it didn’t occur here we had a nice little pullback here right directly behind it. But we would have had a nice quick 10 ticks.
 
Price action continued. This 1404.75 is from a couple days ago. It was a key level we were watching. It also happened to be where the VWAP was wrapping around. The Volume Weighted Average Price. Broke above that. Pullback. Nice opportunity. Again, very nervous about trying to take any long hits or going for any home runs today. So we took 2 ticks and 4 ticks got out of this one very safely.
 
Watched as price action continued to go sideways. And just notice how it wrapped around, we generally don’t trade around opening price between the VWAP area and also the opening price. It just stayed like that all the way up until a little break before 11:00. Again, this happened so quickly that I did not have an opportunity. The pullback was not deep enough for me to get in. And sideways into the no trade zone.
 
From 11:30 until 1:15 Eastern Standard Time keep in mind this is also Friday afternoon. We generally don’t trade due to the higher volatility and the lower volume. Coming out of the no trade zone we had price action work its way back up into this VWAP area, the 1404.75 and then on towards the opening price again. No real opportunities. If you tried, you know, more power to you. Again, they’re yellow arrows that give us nice, there’s a buy signal. And there’s another opportunity to get in, but I did not take those. They’re in yellow.
 
And then there was a little bit of a break to the downside. Looked like we were going to have a continuation. Relatively quick 6 ticks. And then into the close. Now this run up was also unexpected. From 1546, 1548 and then this last drop into the close was all within 1 minute.
 
Let’s look at a different screen. This is a 1 minute chart. Notice the climb, work up into the opening price. High 1408.25. And then this 1 minute candle was a total of 4.75 points. Just this 1 minute candle. So if anybody tells you the market does not have algorithms kicking in or any type of a manipulation going on, you may want to give it a second thought.
 
Monday is Labor Day. Shark Den will be closed. Wish everybody a happy 3 day weekend. To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual please visit TraderShark.com. Thank you and I’ll see you in the Shark Den on Tuesday morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P and the Euro futures. Today is Thursday, August 30th, 2012.
 
The market opened up this morning at 1402.25 represented by this white dotted line. We generally don’t trade the first 15 minutes of the day. We do occasionally take trades in the direction of the gap fill. In this particular case we had an opportunity to get long. Target 1 was hit. This was considered a counter-trend trade. So if we took this trade according to the textbook, you would have got your target 1 and target 2 for a total of 6 ticks. However, if you were holding on for about the half gap level, did not make it and as a result took a minus 2 ticks. So the only way I can really write that is to say minus 2 ticks to total of plus 6 ticks depending on which trading scenario you took.
 
We then kept price action within the opening range. Had a nice opportunity to selloff. The news reports that came out this morning were within consensus range, so there really wasn’t that much effect on the market. However, in this particular case there was no pullbacks. We are pullback traders.
 
In this particular case we did have an opportunity to get short. We had an opportunity to get in on a wave trade here. Took a little bit of heat to the upside and another second opportunity to get in. So you could have taken both of these trades for plus 9 and plus 9 or if you just simply sold in here and held on, profit targets were hit. Second chance opportunity to hit in here for a total of 9 ticks. So I’m not going to count that as 18. I made 9 ticks on that particular trade.
 
Then once we established a bottom or a support level, which was right here at a key Shark band. We’ll see that in another video. We did look for an opportunity to get long. And you maintain a downtrend until your significant level is broken. Right here on this little ellipse, significant level was broken. We knew now we had a nice opportunity for a pullback to get long. Target 1 and target 2 for a total of 7 ticks. It’s yellow because I did not get a chance to take this trade, I was watching the Euro.
 
We then go into a no trade zone from 11:30 until 1:15 Eastern Standard Time. Coming out of the no trade zone there was a nice clean setup for an opportunity to get long. And actually the first target did not get hit. Did not get stopped out. And if you took this trade you would have easily gotten target 1 and target 2 for a total of anywhere from 6 to 10 ticks. Now, trading into the opening range was very risky. We knew coming off the bottom that we were going to look for opportunities to get long.
 
We then had an opportunity to get long here on an inverted head and shoulders trade. Now if you were holding on for the half gap level, you would have taken a minus 2 ticks. The standard profit targets were at 7 ticks and 13 ticks right up to the opening price. So again, it’s what we talk about in the Shark Den is some traders will hold on. More aggressive traders will hold on longer. Target 1 and target 2 or sometimes they’ll get into target 3 for another 13 ticks.
 
And that was it for the day. There was no real opportunities to get into this selloff after we came off the opening price. And then the final no trade zone of the day.
 
To learn more about these and more advanced trade setups, or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P and the Euro futures. Today is August 24th, Tuesday.
 
The market opened up at 1405.25 represented by the white dotted line. Volume remained low. Yesterday was a European holiday, bank holiday, so we saw a little more of a pickup in the Euro price action. In the meantime we don’t trade from 9:30 until 9:45.
 
We did have the consumer confidence report come out less than expected. Expected a little deeper selloff. Right here about 10:00 nice pullback. Got target 1 off. Got stopped out for minus 2 ticks.
 
Worked our way back above the moving average. Above the opening range. And I did not take this trade. It was really too close to our opening price and I was trading the Euro at this time. But these were nice clean setups. You can see the wave trade set up here. And then we had another wave trade set up here for a continuation to the upside. Now I didn’t take those trades. Those trades are marked in yellow.
 
And then we really didn’t have any other trades because we kept working price action back into the middle of the opening range and just, we were not getting any clean setups today.
 
From 11:30 until 1:15 Eastern Standard Time, this is a no trade zone. Coming out of the no trade zone had a nice opportunity to get short. Pullback. Target 1 was hit and got stopped our for minus 2 ticks on that trade. So basically, and look at the short time frame from here to here, just the volume was very low. And we didn’t have any nice clean trades. It looks like there’s a run into the close here. You could have probably taken a last wave trade into the close, but at this point we had two losing trades for minus 4 ticks.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P and the Euro futures. Today is Monday, August 27th, 2012.
 
The market opened up this morning at 1412.5 represented by this white dotted line. We generally don’t trade the first 15 minutes of the day, unless we have a setup in the direction of our gap fill. The gap on that was 1410.5. In this case our target 1 and target 2 were hit right there at 1410.5. Continued on down to the 4:00 close which was at 1408.75.
 
So with that being said we had another opportunity to get a pullback. Target 1 was hit for 2 ticks. Got stopped out for minus 2 ticks. A total of zero on this trade with 2 contracts. And then you can see why. Volume remained low. Just pure chop this morning. And staying out of that was the benefit.
 
Working our way above the moving averages. We are pullback traders in this room and there was really no breakout indication at this time. If anybody got on this, this is in an opening range, so the opening range we tend not to trade just because it does tend to be choppy. We did have one nice little pullback here. Target 1 was hit, got stopped out for minus 2 ticks. A total of zero on that trade. Continuing through, we lost commissions on that.
 
We came out of the no trade zone from 11:30 until 1:15 Eastern Standard Time. You can see how narrow this was. There was little or no volume lunch timeframe. The market returned to its selloff. Nice little pullback here, but again, we were so close to opening price that we tend not to trade around this opening.
 
There was one last opportunity. You notice these double arrows down here for a real quick 2 ticks and 4 ticks before we get into our final no trade zone.
 
To learn more about these and more advanced trade setups, or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great evening and I’ll see you tomorrow morning in the Shark Den.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P and the Euro futures. Today is Friday, August 24th, 2012.
 
The market opened up this morning at 1396.5 represented by this white dotted line. We generally don’t trade for the first 15 minutes of the day unless we have a setup in the direction of the gap fill, which is up around 1400. We did have a nice setup. We got target 1 off. Got stopped out for minus 2 ticks.
 
As the market continued we had a nice pullback. Again, this is Friday morning, so we are expecting a choppy environment. Market crossed above our moving average. A nice pullback. Notice we had a double green dot for a wave trade entry. If you’re conservative you pulled off 7 ticks relatively easy. If you’re aggressive and you’re holding on for a type of Great White trade, you’re about 18 ticks on this particular trade.
 
If you got in those, you would have held onto this trade through the pullbacks. Or the yellow arrow is a trade that I did not take because I was already in on this trade down here. Target 1 and target 2 were hit for a total of 6 ticks. Once you get up to these key resistance levels, 1402 is a key resistance level then you really want to scale back on your second target.
 
We had another pullback here to the, it didn’t quite work its way to the moving average, but our wave trade setup. Nice clean continuation. Target 1 and target 2 for a total of 10 ticks. And then we went into what’s called a no trade zone. No trade zone is from 11:30 until 1:15 Eastern Standard Time. We’re still operating on low volume markets.
 
Market came back up. Now what’s in range is the gap fill from Wednesday which is 1412.5. Broke out of the no trade zone. Moved higher. Did not really have an opportunity. Had a pullback. A breakthrough, what you don’t see in here is the other moving averages. We had a breakthrough our moving averages. Pullback. Target 1 and target 2.
 
When you’re going countertrend, we have shorter profit targets. Got our profit targets filled and then worked our way back up through the moving averages. Pullback. Nice opportunity to work our way into the close. Target 1 and target 2 a total for 10 ticks. I think almost everybody that was in the room got on that one.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great evening and I’ll see you in the Shark Den on Monday morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the S&P emini futures. Today is Thursday, August 23, 2012.
 
The market opened up this morning here at 1408.25 represented by this white dotted line. We generally don’t trade the first 15 minutes of the trading day from 9:30 until 9:45. I did have a nice setup here this morning. I told everyone that it’s not a valid trade, but I went for it anyways. So I’m going to go ahead and show it in the room, but I wouldn’t count it in the overall total for the day. Today we had an entry here based on a wave trade. Took a lot of heat all the way up to within 1 tick of our stop only to follow through. Target 1 and target 2 hit for a total of 7 ticks.
 
Coming out of the no trade zone we had an opportunity to get short. Now we’re implementing what’s called a Great White trade. In this particular case the Great White generally can yield anywhere from two to three times the amount on our trades. In this particular case we did get stopped out for minus 4 ticks on a Great White trade. This standard trade hit target 1 and target 2 for a total of 10 ticks.
 
There’s another nice countertrend trade here setup right at about just a little after 10:30. We did not take, so I didn’t put any numbers in there. But I want you to see the type of setup. The break through the moving average. Pullback and continuation.
 
We had another opportunity to get long here. This was more aggressive thinking we had what’s called a Shark Attack trade, which didn’t really occur until later. Tried to get on here. First target is 8 ticks on this particular trade and a total of 16 ticks on the second trade. So as a result the internal indicators we took a minus 6 ticks. That’s minus 3 ticks per each contract.
 
We then had an opportunity to get into our Shark Attack trade here. Target 1 was hit for a total of 8 ticks right to a tick and then it reversed and we did not get our second target, which is about 16 ticks up here. And so we got stopped out for minus zero on that.
 
Going into the no trade zone from 11:30 until 1:15 Eastern Standard Time we tend not to trade that timeframe, just a period of lower volume and higher volatility. And we’ve had a lot of low volume these last two weeks. You know, we get a lot of sideways movement, so we want to be very cautious with all of our trades.
 
Here, we’re a little premature on this particular trade. Got in. Target 1 was hit and got stopped out for minus 2 ticks. But if we had a deeper stop, which we had talked about it in the room. Some people kept a full 8 tick and were able to carry on. Myself I got stopped out for minus 2 ticks only to find myself getting into another trade here. Nice pullback to the moving average. Target 1 and target 2 hit for a total of 6 ticks. And then that was pretty much it for the day.
 
To learn more about these and more advanced trade setups, or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great evening and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Monday, August 20th, 2012.
 
The market opened up this morning here at 1413.25 represented by this white dotted line. You’ll notice that price action really continued to stay within our opening price range. We tend not to trade until we get a little bit of a break out of that range to the downside. We did have an opportunity here. With a narrow Globex range of only 6 points I figured we didn’t have much more range to the downside. A lot of uncertainty. A lot more of the same that we’ve seen over the last couple weeks of low volume and low range. So in the meantime we had an opportunity to get short. Just took a total of 5 ticks on this trade with 2 contracts.
 
Bottomed out here a little bit. Didn’t really see any further action to the downside. Kind of a risky trade working our way in towards the opening range. Took 6 ticks on that. And then got kind of scared out of this trade with some of the market internals got us out. We entered the trade. Got in. Filled. And then took no profits, so we lost too on the commission there.
 
Went into the no trade zone from 11:30 until 1:15 Eastern Standard Time. And then you see we worked our way back into the opening range. Had a little bit of a breakout to the upside. Thought we may have some follow through. Then you’ll notice that we did kind of, well, on a higher timeframe chart we had an inverted head and shoulders. We knew we were going to have a target up here around 1416. So we had one final shot. Just a total of 4 ticks with 1 contract here into the end. So, again we had a total range of 6.75. Kind of modeling the Globex range. And that’s it for the day.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manuals, please visit TraderShark.com. Thank you and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures and the Euro. Today is Friday, August 17th, 2012.
 
It was options expiration day. Of any day for people to go and spend time with families or to go golfing, this is the day to do it. So just keep that in mind in the future. And we’ve seen this as a consistent pattern.
 
Price action opened up at 1416. Okay, so 1416 is the area that price action opened up and stayed within our opening range all morning. And it pretty much speaks for itself. We didn’t do any trades. We have a no trade zone we went through and no trades. We had no trades on the ES.
 
So what I thought I’d do, is I’d show you what we do on the Euro. We open up the Euro trading room about 8:30 in the morning Eastern Standard Time. So for a little change in trading, you’ll notice the colors are a little bit different. This will just distinguish the difference between trading the Euro and trading the ES. We are looking at opening the room around 7:30 in the morning now.
 
Here we had an opportunity to get short, but, you know, we were in an hourly range low band. And this is in hindsight, hindsight’s always 20/20, right? This was a bad trade. So we tried to go short right into an hourly range low. Got stopped out for a full 16 ticks. That can be anywhere from minus 16 to minus 20 ticks on this particular trade. And you can’t carry that with you if it happens the first trade in the morning. Get right back on.
 
We had a nice trade to go long. Target 1 and target 2 hit for a total of 11 ticks. Follow through. Pullback through the moving averages. Continuation to the downside. Plus 11 ticks to the downside. We really left a little bit on the table there. The internal indicators were indicating to hold on for a short position. And you could have really yielded a whole lot more than 11. 11 is just very basic. And notice the selloff.
 
We did have another clean opportunity to get short here for a full 22 ticks until we bottomed out at around, what, $1.22.92. And we filled at 22 ticks on that trade.
 
And that was pretty much it. We stop trading the Euro at noon. And I just wanted to give you an idea. Just a little bit of a taste of what we do in the room.
 
Please feel free to join us if you have any questions. To learn more about these or more advanced trade setups, or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great weekend and I’ll see you on Monday morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.