Learn to Day-Trade the Emini S&P Futures
menu

Introduction Video and Specials – Jan 30 2014

Good Evening Traders,

There are two (2) days left before our prices change on February 1st. Our Shark Den is a growing community of traders helping traders.

Check out our TraderShark Trading Manuals. Email me and I will include the Euro Trading Manual with your purchase.

Join us in the live trading room, the Shark Den. We have another Webinar coming up next month.

If you would like to be on the notification list or get a copy of the video “Introduction to How the Shark Den works,” email me at info@tradershark.com or visit us at https://tradershark.com

To Your Trading Success,

TraderShark

Bad News Afternoon Affect – Trading Video – Jan 30, 2014


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

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, the Euro futures and the crude futures. Today is Thursday, January 30th, 2014.
 
At 8:30 this morning we had a news report that came out. Jobless claims was above consensus range, meaning jobless claims was higher, which was bearish news. The GP was within consensus range. The market opened up this morning here at 1784.25 represented by this white dotted line.
 
From 9:30 to 9:45 we don’t trade. Coming out of the no trade zone we had an opportunity to get short for a total of 22 ticks. And then the market pretty much started to push higher, actually it was a grind higher within an opening range. Didn’t really get any opportunities to the downside. There’s actually a couple opportunities for hook patterns to the downside that I’m not showing here.
 
Worked our way back up into the opening price. And then you can notice the sideways motion. I know hindsight’s 20/20. And just before going into the no trade zone we had an opportunity to get long. Two opportunities one for 8 ticks, one for 15 ticks.
 
Working our way into the no trade zone, I’m sorry we call it a lunchtime trading zone. And I generally don’t trade during that timeframe. Some traders do. Coming out of the lunchtime trade zone. We do look for a potential push higher. We did not get that at 1:30. And then at 2:00 we had a nice selloff here for a total of 14 ticks. Could have held on for a little longer in that particular case.
 
Pushing sideways. And then, remember we talked about, we had two bad news reports, when the market goes up on bad news reports, we expect the news report to materialize in the afternoon. I told everybody about this about 9:30 this morning.
 
Coming into the afternoon close there was one opportunity to get short. Total of anywhere from 6 to 16 ticks. And then shortly thereafter another opportunity to get short 10 to 22 ticks. Going on into the close. And this is where if you’ve gone into the final no trade zone, if you’re already into a position, you can hold onto that position with a trail stop all the way down into the potential profit targets. We hit all our profit targets and then even busted through the final, our final target was around 1787 and it continued to go even lower than that.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark trading manual, please visit TraderShark.com. Have a great evening and I’ll see you in the Shark Den in the morning.
 
Link to the Video and Transcription

Trend or Chop – Trading Video – Jan 28, 2014

Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

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, the Euro futures, crude, and we’ll be starting gold next month.
 
The market opened up this morning here at 1777.25 represented by the white dotted line. Today is Tuesday, January 28th, 2014. We generally don’t trade from 9:30 to 9:45. The first 15 minutes we let everybody chop everybody else up. In the meantime we do have one, you know there’s exceptions to every rule, we had a pro-range reversal here for minus 4. Another pro-range reversal at plus 4, so we’re starting out with zero minus commissions this morning.
 
Coming out of the no trade zone, working our way up there was no setups, and then we had going into the reversal zone consumer confidence came out, which was within consensus range, so there was really little or no effect on the market.
 
However, earlier this morning at 8:30 the durable goods orders came out and that was below consensus range, so that kind of had a bearish bias on the market. Also, keep in mind that the three prior days were down candles. We do tend to see a pop afterwards. So it was kind of a mixed indication bias going into the day.
 
Had an opportunity to get short here off of our moving average. Got the first target off, got stopped out for minus 2 ticks. Continuing on, another opportunity to get long. Got the first target off, pulled back. Stop was a little bit too tight. Got stopped out for minus 3 ticks. Only to see us work our way on into the next profit target.
 
And then notice it was mostly sideways chop all the way in through 11:00 in the morning. Then just as we got a little bit of a break outside of our opening range we had an opportunity to get short, and I cut it short on purpose. I took 4 ticks, and it looks like we really could have got a lot more going into the no trade zone. I’m not a big proponent of trading after 11:30.
 
From 11:30 until 1:15 Eastern Standard Time we had a couple nice trades that I’m not going to mention since I don’t generally trade that timeframe. But there was some good profitable trades here in the no trade zone. You can see these double green dots were pushing higher, and then just continued to push higher. The indications were nice and clean.
 
Coming out of the no trade zone at 1:15, had an opportunity to get short got a full-stop out at minus 10 ticks in this particular trade. Hindsight is 20/20. There really is a lot of sideways movement on into the close. So was it trending or was it sideways? What you can’t see here are the Shark bands. We were bordering by Shark bands. We had specific targets.
 
To learn more about these and more advanced trade setups, or to get a copy of the TraderShark trading manuals, 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

Higher Volume – Trading Video – Jan 27, 2014


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

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 and the Euro futures. Today is Monday, January 27th, 2014.
 
The market opened up this morning here at 1786.25 represented by this white dotted line. I’m showing you a higher timeframe chart here. I want you to see again, we have a lot of follow through. You got a lot higher volume today which the hook patterns work beautifully again.
 
Starting out here at about 9:30 we did have a hook pattern long, I chose not to do it that’s why I colored it in yellow. It was within our opening range. Now if you did try to get off on this particular target, you would have got your first target off possibly. It did hit T1 and then it did not follow through. This could have been a full stop out. Again, within our opening range. It was not a wise choice. There are, you know, this is where we do use discretion in the room.
 
And I want you to notice as we had another hook pattern. This is a very nice, clean one going on here. I only took 10 ticks on it with 2 contracts. With 3 contracts you could have got as much as 28 ticks on this particular trade.
 
Again, I’m looking at a higher timeframe chart. We’ll look at a lower timeframe chart here in just a moment. Had another hook pattern, working its way down to the lower side. This would have eventually gotten stopped out, but it would have gotten its first target and second target here. This hook pattern, first target and second target. There was another hook pattern here that was invalid. Continue on, another hook pattern.
 
I want you to see I was finding a lot of sideways chop and bouncing in between these two shark bands, so it’s really a choice as to whether you want to take a trade while fighting through Shark bands. Once we got out of these Shark bands, I want you to notice like the nice clean hook setup and the dark area is called open water for a continuation lower.
 
Found our way down to the support level. We said this way ahead of time. We even drew these lines. You see these horizontal lines here at 67.50 and 75, these were drawn inward at around 9:30 this morning. Support area or let’s say a resistance area, prior to a pull-back and continue on down to the Shark band, which was there at 1770. And then the penetration even deeper, 67.50. And this is in a no trade zone, I want you to notice. We started to say, hey, looking for buying opportunities, looking for buying opportunities, looking for buying opportunities. And these were all firing off long for a nice bounce because this is an outer edge.
 
This also hit our Globex range level. And we saw that on another chart. And a nice bounce up back into our opening range. It gets a little choppy once you get above the Shark bands and into the opening range. There’s your opening price again, tested it for a selloff into the close.
 
I’m going to go through this relatively quickly. The opening range, we have from 9:30 to 9:15 no trade zone. Coming out of that, opening range, I want you to see a lot of sideways motion. This is where it’s very challenging for some traders to sit and do nothing and be patient.
 
Once we started to get a little bit of a break out of that opening range we had a nice trade for 10 ticks, nice trade for 6 ticks. Again that hook pattern that I showed you on the higher timeframe charts, 10 to 28 ticks. We have what are called EWT’s or extended wave trades here. Going on short. Another opportunity to get in 8 ticks.
 
Now you’ll notice why were there only fixed targets because other market internals or indicators were telling us to exit our trade slightly early. Again, if you don’t want to weather any of these pullbacks, a little more conservative. Take those fixed targets. If you put on a trial stop, did very nicely today.
 
We want you to notice when we started to get our first little indication of a pop higher, these auto waves were firing off. Navigating through these moving averages, working our way sideways again, another couple opportunities to try to get long, minus 2 ticks. Another opportunity, minus 3 ticks. Not a big deal, before we went into the no trade zone there at 11:30.
 
11:30 to 1:15 Eastern Standard Time, nice little selloff here, continuation lower. Again, some traders like to trade during this lunchtime trading zone. And here’s where I, I even poked my head in during the lunchtime and said, hey look for opportunities to be buying in. Look for opportunities for buying in as we pushed higher.
 
Coming out of the no trade zone, an opportunity to get short. Got stopped out for minus 2 ticks. Another opportunity to get long. This was probably a fear based trade because we were working our way back up into Shark bands. But you know, 6 ticks here, 6 ticks there, there’s $150 without even blinking an eye. And then you can see how they were hunting for the stops and you had to have a little bit of wherewithal to hold on to these trades if you were pushing it higher on into the close.
 
And then as we went sideways, right here from 3:30 on, there was no real clean setups, so I pretty much sat and watched as this market tumbled off into the close.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark trading manuals, 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

Hook Patterns Rule – Trading Video – Jan 23, 2014


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

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 and the Euro futures.
 
We’re going to start out with the Euro futures today. We generally start monitoring them at about 8:30. Some of the traders in the room like to watch them from 7:30 Eastern Standard Time. From 8:30 we saw a push higher, and it did look like it was going to continue higher, but we had right here at 36.48 and 36.54 were pivot levels. So I didn’t want to trade into them. But I did say in the room, that once we got above that 36.54, look for a pullback. And right here, beautiful opportunity to get in. We had 3 green arrows popping in for a continuation higher for a total of 15 ticks.
 
Once we met our resistance level or our range level, saw a nice little reversal. I don’t generally try to get into tops or bottoms. But once we had a pullback and continuation, nice little 8 tick move there. Found support, continuation, another 8 ticks there. So really nice morning on the Euro. I stopped watching the Euro about 11:30. I was not trading this much further, but any of these type of pullbacks can be met with buying opportunities based on our other market internal indicators.
 
Okay, let’s go ahead and go over to the emini S&P. This is a higher timeframe chart I want you to look at here. And when we first started the market this morning notice the selloff. We had like a 17.5 point Globex range. And with that we had a gap down by over 8 points. We, what I said in the room was that likelihood was for a continuation lower. This sweet spot of trading would have been in this dark blue area that we had lined up.
 
And so didn’t do any trading the first, what was this, the first, 30 minutes or so. And then at 10:00 the market tends to have a reversal, right? If it did not reverse, likelihood is continuation lower. In this case we had a nice little hook pattern setup, took a stop-out for minus 16 ticks. It did reach down and touch the T1.
 
Next hook pattern, hook patterns rule, for sure. I mean look at the percentages here. Anywhere from 8 to 25 ticks on this trade, next hook pattern 6 ticks, next hook pattern 6 ticks. Even if you got stopped out on your third contract. So when I put a range from plus 8 to 25, that means that whether you’re conservative trader or an aggressive trader and you’re watching me in the room, you have this opportunity conservatively going for the lower numbers. Aggressively, depending on the size of your bank account and your risk threshold, you can go ahead and push for these higher numbers.
 
Continuing on we had an invalid hook pattern, while it still did continue in our direction, there was no setup. Nice little pullback. Continuation another 8 to 24, just on a conservative approach, very strong, very good day.
 
We have big numbers down here at 1814. Said watch for a bounce here. We also saw big numbers down here at 1812. 1814 was the bouncing area. Again, if you’re going real conservative, you can go for 6 ticks. If you’re going a little more aggressive you could have gone anywhere from 12 to 16 ticks on a retracement back up here to 1817.50. It’s like learning a language right. You don’t walk into a Spanish class and learn the language in one day.
 
I want to thank you for watching. To learn more about these and more advanced trade setups or to get a copy of the TraderShark trader manual, please visit TraderShark.com. Thank you. Have a great evening. 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.

Sideways Day – Trading Video – Jan 22, 2014


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

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 and the Euro futures. Today is Wednesday, January 22nd, 2014.
 
The market opened up this morning here at 1841.25 represented by this white dotted line. It was pretty much a sideways choppy day today, so we had a couple trades got off the opening range from 9:30 to 9:45. We generally don’t do any trading.
 
Coming out of this opening range we did have what’s called a pro-range reversal. Generally I only take one contract with that. It’s a one to one risk reward ratio and it also has, I traded 2 contracts at this point. First target hit, 4 ticks, a total of 8 on this particular trade.
 
Getting on into the morning, had another opportunity right here at around 10:00 to push higher. It hit the first target, for some of those people that got filled, that’s fine. If you didn’t get filled, one of our internal indicators told us to get out, so either minus 2 or plus zero on this particular trade.
 
Then we had a nice setup to the downside, I would have taken it again just based on the setup. You know hindsight’s 20/20. The only challenge is I took a full stop-out on this. Some people may have taken a minus 16, I took minus 14 on that particular trade.
 
As we continue on in the morning again we didn’t really have any follow through. We did have what’s called a hook pattern work its way to the down side, and it was somewhere between the 1048 to 1052 level for a continuation lower. Got the first target off, second target off, third target did not get hit. Forced ourselves out for 2 ticks on that particular trade. Got a total of 10 ticks. That was pretty much it for the day. You’ll notice the yellow arrows were nice setups that I did not take.
 
On here from 11:30 until 1:15 Eastern Standard Time, that’s called a lunchtime trading zone. I tend to not trade during that timeframe. Coming out of the lunchtime trading zone we did have a little bit of a pullback. Opportunity to get the first target off, got stopped out for the second target for minus 2 ticks.
 
And then you can, just taking a step back, looking at a higher timeframe, look at this sideways motion. We also had what’s called a tangled net here with the green moving averages.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark trading manuals 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.

Daily Trading Video – Jan 21, 2014


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

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 and the Euro futures.
 
This is a higher timeframe chart. I want you to notice right here this opening range, opening price today was at 1843. Today is January 21, 2014. A lot of the indicators were all pointing up, ready to go bullish and sure enough we broke our opening range to the downside. Nice hook pattern established itself. Whether some of the traders got this or did not, I colored it in yellow because I did not get ahold of this trade.
 
However, as the market continued down we had a little bit of a break out. Nice pullback for a continuation of a hook pattern. In this particular case I had a full room today and I was running two different computers. I wanted to let you know. I only pulled 16 ticks on this particular trade here. But the actual range if you had 3 contracts would have run anywhere from 16 to 32 ticks all the way to the downside.
 
Another hook pattern set up here to the downside. I want you to notice the yellow arrow did not get ahold of that one. And we had another opportunity right here, right behind it. For a continuation almost a duplicate scenario 16 to 32 ticks.
 
Once we reached down to the Shark band, this first Shark band was cut through like butter. The next one tested a resistance, and I want you to see, we’ll go to a lower timeframe, but on our five minute chart we had a nice clean bullish divergence. And all that is simply saying is we got a lower low on price action and a little bit higher low on momentum.
 
Once we saw that kind of setup, it’s called a Black Fin. And there we had an auto wave on the anchor chart push higher. And I’ll show you where we monopolize on that later on. And then once we work back our way up to the Shark band I want you to notice this black area is called Open Water, you’ll find a lot of sideways chop.
 
Let’s go ahead and go to a lower timeframe chart. This is our lower timeframe chart. I want you to notice coming out of our no trade zone from 9:30 to 9:45. We had a lot of sideways motion, sitting on our hands the first part of the morning. I know it gets kind of frustrating, but if you can maintain that type of discipline and patience, it really will help you develop into a much better trader.
 
We had our little breakout to the opening range to the downside. I want you to notice the 1843 opening price. Nice pullback another opportunity for a total of 10 ticks. This is more of a conservative trader’s trade. So these are both going on in conjunction with that prior hook pattern.
 
Then we have a trending time pattern from 10:30 to 11:15, I want you to notice we were looking for shorting opportunities in through here. This was that second shorting opportunity. A little bit smaller timeframe that you saw on the anchor chart. As we worked our way into the lunchtime trading zone I want you to notice how there was a nice setup for a potential long opportunity, whether I colored it in yellow, I did not get that one. And then I don’t trade after 11:30 in the morning.
 
From 11:30 to 1:15 Eastern Standard Time is called a lunchtime trading zone. Coming out of that do you remember when we had bullish divergence on the anchor chart? Bullish divergence, in for a little bit of a pullback right here. Anchor chart launched off higher pushing us on up into our next Shark band.
 
Continue on into the close for no further trades. I did try to get into a long position here and I forced myself out for no profit.
I wanted to thank you for watching. To learn more about these and more advanced trade setups or to get a copy of the TraderShark trading manuals 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.

This Coming Week – Announcement

Good Evening Traders,

I wanted to let you know what is going on for the Shark Den over the next week.

I have been given an opportunity to attend an event in West Palm Beach, Florida.

As a reminder, the live commentary is from 0930-1130. I have been broadcasting from 0830 for those Euro traders. I also keep the screens up the remaining part of the trading day to help confirm what trades you may or may not be taking.

Thursday, Jan 9th, I will be broadcasting live until 1130. I will keep the room open as long as possible. I then leave for West Palm Beach in the afternoon.

Friday, Jan 10th, Mike A. has graciously offered to broadcast the S&P Shark Den. He uses NinjaTrader with a white background. He had a couple new things that he may share with you, if you ask. His Black Diamond method is very nice and we may very well be offering that in the near future.

Either Mike or I will broadcast on Monday, Jan 13th. I will have my computer with me and one of us will broadcast live. I do have the ability to broadcast while on the road from anywhere in the country.

Mike will also be covering me on Tuesday, Jan 14th.

Please be patient with emails. I will get to them as soon as I can and will be checking them nightly.

The News Announcement and Shark Bands will continue to be posted before the market opens.

The best of trading to you all.

Brian Rehler AKA TraderShark

 

New Year Trading – 2nd Week – Trading Video – Jan 7, 2014


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

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 January 7th, 2014.
 
Happy New Year to everyone. Started out the year a little slow. There wasn’t much trading that went on last week. I was actually out with the flu, so I had a nice recovery yesterday and today. Yesterday we traded mainly the Euro. Today we traded mostly the S&P emini.
 
I want you to notice here at 1827.75 represented by this white dotted line, this is the opening price. These horizontal lines are called the Shark bands and they tend to operate like magnets. The yellow lines are called an opening range. And coming out of the opening range this morning we had a nice little pull back for what’s called a hook pattern for a total of 23 ticks. Now that trade took about of 45 minutes. I want you to notice the entry is right here at around 1831. First target 1832, second target 1832 and a quarter, and third target was up here at 1834.25. So from the time of entry to the time of completion was about 45 minutes.
 
Shortly thereafter there was another hook pattern that started. I did not, I was already in the first one, so I did not trade this. Other traders in the room may have. Got its first target off. The entry here is 1832. First target was 1833, second target was 1834.25, and the T3 never got hit. We saw a pullback off of this 1834.50. And actually 1834.75 was the hourly range high and that’s the reason we had a reversal right here in the middle between these Shark bands. Generally you’ll see a gradual move up into this next Shark band.
 
Shortly thereafter, once we hit our mid-level, I want you to notice the anchor chart wave indicator popped in telling us to get out. So if you got your first target, second target, you would have gotten out right here at the first indication and then there was a little bit of a pullback. You’re not seeing, this is a higher timeframe chart, on the lower timeframe chart we had a nice little pullback for a Fibonacci trade for a 2 tick and 6 tick profit target all the way down for a total of 8 ticks.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark trading manuals, please visit TraderShark.com. Thank you. Have a outstanding evening and I’ll see you bright and early in the Shark Den tomorrow 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.