Month: September 2012
Daily Trading Video – Sept 11, 2012
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 Tuesday, September 11th, 2012.
The market opened up here this morning at 1429.50 represented by the white dotted line. We generally don’t trade the first 15 minutes of the day from 9:30 to 9:45. There was a news report at 8:30 this morning, international trade. It was within consensus range so there was really no movement based on news there.
Right here about 10:10 generally we did not have a reversal. So if we don’t have a reversal by 10:10 the market tendency is to continue in the direction of the trend. Did have an opportunity to get long. Got our first target off and then I closed out the position based on another internal indicator. So we took 2 ticks on 1 trade, only to see the market continue in the direction that we intended.
Right there at about 10:45 or so we had another opportunity to get long If you didn’t get that one you had another opportunity right behind that right there at about, what, 10:49. And there was a total of 10 ticks on that trade. Now this is when we scale out on fixed targets. If you do have a trailing stop then you would not have had to enter a second time. A second opportunity to enter right in through here at around 11:15 or so for another 10 ticks.
From 11:30 until 1:15 Eastern Standard Time we don’t trade primarily due to the lower volume and the higher volatility. We’ve seen a lot of low volume recently, so nothing surprising there. Coming out of the no trade zone, again, a nice clean setup. Notice our wave trade setup here. Total of 6 ticks. Generally we’ll try it for a total of 10 ticks on fixed targets. In this case we were at the highs. You know, I don’t know what else I can tell you. I got nervous and I actually scaled out early. And it was actually a good choice on this part.
Coming down, back through the moving averages. Went into the close. And just before last close there was a nice trade to try to get on just for a real quick scalp. Anywhere from 4 to 6 ticks on this last trade at about 15:48.
Want to thank you for watching. To learn more about these and more advanced trade setups, or to get a copy of the Trader Shark trading manuals, please visit Trader Shark.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.
Daily Trading Video – Sept 10, 2011
A video will not be posted today. No trades were taken Monday, September 10, 2011. Price action maintained a narrow range throughout the day. The Globex Range was only 4.25 points which gave us an early indication of what to expect. Price action did have a sell-off late in the afternoon, most likely due to the worse than expected Consumer Credit news with minimal indication of a continuation.
Daily Trading Video – Sept 7, 2012
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 Friday, September 7th, 2012.
The market opened up this morning at 1433.5. And it was right in between the opening range. And this picture in itself pretty much tells you the whole story. We had pure sideways chop with no conviction whatsoever until this last half hour.
Here on our lower timeframe chart we can see that price action had a nice move downward this morning. The employment situation was within consensus range. So there really wasn’t much of a market move. And we just watched continual movement with our moving average all day. There was an opportunity to get short in here. I did not get this. You’ll notice we had a nice little wave dot popped in. And it was good for a good 6 to 8 ticks there.
Went into a no trade zone from 11:30 until 1:15 Eastern Standard Time. And then this, I mean, we knew that this was going to be a golfing Friday afternoon if you understand what I mean. And then at 3:30 I like to sit back at the computer. And I do watch. Slow and quiet tends to be bullish. And in this case we had a nice clean setup for an opportunity to get long. And then we go into what’s called our final no trade zone. I scaled out right here at about 1436.5. And my initial target was 1437.25. I scaled out a little bit early and then you can see what happened right into the close.
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 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.
Daily Trading Video – Sept 6, 2012
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 Thursday, September 6th, 2012.
We had the employment situation come out, which was better than expected. And the jobless claims, which was within consensus range. And also Draghi had come out from Greece indicating that they were going to purchase a larger portion of the bonds back. Regardless of how the news report affected us, we had gapped up by over 8 points. With a gap of that size we were simply looking for 1 opportunity to pull back.
The market opened up here at 1411. Our first pullback opportunity right here at about 9:54. Some people did not want to trade going into a news announcement. And I understand that. However, we don’t trade 3 minutes prior to a news report. This was 6 minutes prior to a news report. We got into this trade at 1418.25 and held on. We had a trailing stop for the remaining part of the day. And notice how we just continue the gradual uptrend. Working our way until we exited here at 1427.50. That was 9.25 points or 37 ticks with 1 contract.
We had one trader stayed in the trade all the way up into the next Shark band. We had a Shark band up here between 1430 and 1431. Once it hit 1431 we knew we were pretty much at the highs of the day. And a little pullback. But it stayed at the highs of the day into the close.
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 night 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.
Daily Trading Video – Sept 5, 2012
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, September 5th, 2012.
Most of the morning we had sideways movement stuck within the opening range. We did finally have one opportunity to get short right here at about 10:55 for a total of 6 ticks. Another opportunity to get long there at about 11:18 for another total of 6 ticks. We were keeping our profit targets short, 2 ticks and 4 ticks just primarily because of the sideways action.
Coming out of the no trade zone we had another opportunity to get short. Forced a stop out of minus 8 ticks and then another trade I did not take right there at about 2:24. I apologize for the short video. I just want to get a quick update and that was for Wednesday, September 5th.
Thank you for watching. 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.