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.
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 Wednesday, March 25th, 2015.
The market opened up this morning here at 2086.25 represented by this white dotted line. I tried for a pro-range reversal this morning and I got tagged for minus 4 ticks. I had another opportunity for a pullback for a continuation and I did not get filled.
I generally don’t trade in this opening range from 9:30 until 9:45, but there are a couple specific setups that I will take. As the market moved on, I had an opportunity to get my first target off; got stopped out for minus 2 ticks. And then as we worked our way into the morning back above yesterday’s low, got a nice little trade for 8 ticks. And then we had a little retracement pulling back. You can’t see the Shark bands or the opening range in this particular screen.
Had another opportunity to get in. The yellow arrow means I did not take this trade. Another opportunity, got a total of 7 ticks. And then if anybody out there took the third trade, a loss of minus 2 ticks. Another opportunity to get in long. Got the first target off. Got stopped out for minus 3 ticks. And then we started to see a little more volatility kick in. Target 1, target 2 hit for a total of 8 ticks.
Here’s where we had a hook pattern on our higher timeframe chart. Target 2 ticks, 4 ticks and 14 ticks to the downside. I’m not a big trader during the lunchtime trading zone and that’s from 11:30 until 1:15 Eastern Standard Time. I generally don’t trade during this timeframe. You can kind of see the sideways chop once it made its initial move.
Coming out of the lunchtime trading zone, there was really no major news report. We had the petroleum status report come out, relatively no change there. We had an opportunity to get in long. Anybody taking the trades and watching our time charts, an opportunity for a total of 6 ticks on a nice retracement for a continuation on into the close.
If you trade into the later part of the afternoons, I want you to see the many sell opportunities that came in. You can see these little red arrows, selling opportunities to jump on the trend into the final no-trade zone of the day.
I’d like to remind everybody that I will be out of the area until April 11th. I know that there’s another webinar coming up. Dr. Dean Handley is going to be presenting on April 1st, hosted by WINvesting at MarketFest at 1:45 Eastern Standard Time, a review of the 763 Futures Trading Rooms. Again, Dr. Dean Handley is going to be presenting there. And here’s the link. You’ll have an opportunity to see what the criteria is to become a trade titan.
So as I was saying, for those of you that watch the webinar , I will not be able to respond to your emails until I get back on April 12th. Art, the Seattle Shark, will be covering me in the Shark Den. Enjoy. He’s an awesome trader and very consistent.
If you’d like to learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manuals, please visit us at TraderShark.com. Thank you. Have a great evening everybody.
Link to Video and Transcription
The information herein has been prepared solely for general information and educational purposes and is not an offer to buy or sell, or a solicitation of an offer to buy or sell the securities or financial products mentioned in the content, nor a recommendation to participate in any particular trading strategy. Please consult your broker for trading advice. All trading requires risking money in pursuit of future gain. Do not risk money you cannot afford to lose. Past performance is no guarantee of future performance. The instructor is not a broker or a licensed investment adviser and is therefore not licensed to give trading advice of any sort, nor make specific trading recommendations.
Month: March 2015
Top 5 Challenges of Futures Traders
Top 5 Challenges of Futures Traders
by Brian Rehler – TraderShark
/wp-content/uploads/2015/03/Top-5-Challenges-of-Futures-Traders.pdf
Do Your Homework Results – March 12, 2015
Traders,
I would like to share with you the results from a trader that recently joined us. The name has been removed to protect the privacy. I think every trader should do the same in their growth toward trading as a business.
TraderShark
————
Date: Thu, March 12, 2015 1:05 pm
To: “brian@tradershark.com” <brian@tradershark.com>
Hi Brian,
Just wanted to share with you an exercise I did based on the review you did with us a couple of weeks ago of the day’s trades watching ONLY CCI’s on anchors and triggers.
Using “Market Replay” (on Ninja) from Jan/Feb data, I took 50 trades watching CCi’s exclusively, no price action at all, no other indicators. I only took trades between 10:00 and 11:30am.
Entered trades when proper countdown and TL cross on trigger and extreme on anchor(s) etc. Used atr as T2. Exited a trade if anchor/trigger crossed against.
Results were 76% (38 out of 50 trades were winners). Most of the trades were on ES but I did take 8 on 6E (7/8 winners) I was shocked at the accuracy. I have not tried this with live trades but it really drives home where the focus needs to be when trading. When patient and wait for the correct set up, the odds are definitely in favor! The ultimate challenge resides in my head.
Thank you for your excellent teaching.
D
Daylight Savings Time – March 8, 2015
As a friendly reminder, this weekend is Daylight Savings Time in the United States. We move our clocks ahead 1 hour. Please make a note of it. Best of trading, TraderShark
Dr. Dean Handley – Truth About Live Futures Trading Rooms – March 4, 2015
The Truth About Live Futures Trading Rooms
Dr. Dean Handley
TraderPlanet Article – March 4, 2015
/wp-content/uploads/2015/03/The-Truth-About-Live-Futures-Trading-Rooms-TraderPlanet-March-4-2015.pdf
Live Webinar and Free Trial – Mar 5th and 6th
Traders,
Join TraderShark for this free Webinar:
Who: Brian Rehler of TraderShark.com
What: 5 Keys to Market Timing Webinar
When: March 5, 2015
Time: 4:30 pm EST
Where: Register Now
Shark Den trial begins:
What: Shark Den Trading Room Trial
When: March 6, 2015
Time: 09:30-11:30 am EST
Where: Register Now
“Knowing is not enough; we must apply. Willing is not enough; we must do.”
– Johann Wolfgang von Goethe
Looking forward to seeing you in the Shark Den.
To Successful Trading,
Brian Rehler
TraderShark
Learn to Day-Trade S&P Futures
Without Getting Eaten by the
Sharks on Wall Street!
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not an indication of future results. You are receiving this email because you registered on our website, purchased our product or attended our Webinar. To be removed, please reply with unsubscribe in the subject line.
Hook Patterns Rule – Webinar – Mar 3, 2015
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.
To Successful Trading,
TraderShark
Info@TraderShark.com
Good afternoon traders this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Tuesday, March 3rd, 2015.
The market opened up this morning here at 2109.5 represented by this white dotted line. We did not have any news reports today, so there was no catalyst to get this market to move. Had no real clear direction. The selling pressure was coming in from overnight. I think there was a 7 point Globex range.
Coming out of the no trade zone from 9:30 until 9:45, we had an opportunity to get long on a pro-range reversal for a total of 4 ticks. Shortly thereafter about 9:54 just before going into the first reversal zone, we had an opportunity to get short. Got the first target off and then forced ourselves out based on the indicators.
Then as we went on into the morning we had a nice opportunity for a pullback. We had a Fib trade that did not get us in and then we had a little bit deeper pullback right here at about 10:15 for a continuation higher. Total of 8 ticks on that trade.
We had kind of a minor megaphone pattern developing. And then I did not take this trade. Colored in yellow, means I did not take it. We’re going to go into a higher timeframe chart here in just a moment.
This is our higher timeframe chart. And what we have is these horizontal lines are called Shark bands. The yellow line is our opening range. Once we got out of our opening range we had an opportunity for a hook pattern right here at 10:26 for a total of 18 ticks. I want you to notice the consolidation going on in the Shark bands. We said we were not going to be trading in here. However, we had a very strong wave trade setting up here and followed by a close below our trendline for a continuation lower.
I want you to see as we spread this out, you see this intended target area, it eventually got reached about an hour and a half later. In the meantime, we forced ourselves out early. Another opportunity for a hook pattern. Four, two and eleven ticks on the second hook pattern for a continuation lower. T1, T2 and T 3 were hit.
I would also like you to know about a free webinar we have coming up here on Thursday, March 5th, and then the free trial is on Friday, March 6th. How do you get there? Go to TraderShark.com. Go to your Home tab. Pull it down – Next Live Webinar. Click on Next Live Webinar. It will tell you right there, 5 Keys to Market Timing, March 5th 4:30. Register there. Scroll down a little bit further. Get a free trial on March 6th.
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. Have a great evening and I’ll see you in the Shark Den in the morning.
Link to Video and Transcription
The information herein has been prepared solely for general information and educational purposes and is not an offer to buy or sell, or a solicitation of an offer to buy or sell the securities or financial products mentioned in the content, nor a recommendation to participate in any particular trading strategy. Please consult your broker for trading advice. All trading requires risking money in pursuit of future gain. Do not risk money you cannot afford to lose. Past performance is no guarantee of future performance. The instructor is not a broker or a licensed investment adviser and is therefore not licensed to give trading advice of any sort, nor make specific trading recommendations.