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Flat to SOH – Trading Video – May 30, 2014

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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
 
Transcription:
 
Good evening traders, this is Brian with TraderShark.com an educational website to learn how to trade the e-mini S&P futures. Today is Friday May 30th 2014. How do you trade in a flat market and make any money?
The basic answer to that would be to sit on your hands and recognize it early in the morning. I’m going to show you something. We talked about a picture is worth a thousand words, you know I don’t see a whole lot of profit in this picture. Now, I want you to notice that from 9:30-11:30 EST and there was one nice little burst that went right through a short band, and I don’t usually enter any trades in a Shark Band. You can see a little hook pattern in here: no set up, no setup, no setup, and now drop back through a Shark Band. Work our way back up and through a little support here. This is really the only good trade of the day right there at about 3:35EST and we call it a hook pattern. First target is four ticks, second target is 50%, and third target is 100%. Now I only traded two contracts just mostly based on the opening Globex range. Let’s look at a lower timeframe chart. What we see here is that on a lower timeframe chart, this is where more of your conservative traders are going to be trading. The higher timeframe chart is more of an aggressive trader with a little bit larger brokerage account. An opportunity to place a position, no fill, place another position no fill. I was pretty much done with my morning session there 9:30 in the morning any type of retracement or continuation we were right within our opening range. Didn’t see much going on but what we did see is that we had a really narrow Globex range and with that I recommended on a Friday afternoon probably take the rest of the day off. I did attempt to take a trade here, I took a total of six tick loss. I forced myself out only to see it continue on into the lunchtime trading zone. We have to have a plan where we have our targets: we have our stops, to make it a better plan we want to have a reason to exit. We want to have a reason to exit early for your profits, we want to have a reason to exit early for your stops, and that’s just good money management. Going into lunchtime trading zone you can see the flat sideways motion. And then there was a little burst but this was a short band if you remember the higher time frame chart and an opportunity to get in at a plus two minus two on this trade and I was done for the close of the day. So all in all basically we had plus eight and minus six, a total close of plus two for the entire day. While that’s not really appealing, it is safe within our risk management strategy. To learn more about these and more advanced trade set-ups or to get a copy of the TraderShark trading manuals please visit tradershark.com have a great weekend everyone.

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.

10 Ways to Change the World – Admiral McRaven

University of Texas Commencement Speech Admiral William McRaven – Motivational and Inspirational – if you haven’t heard it, you need to…

TRANSCRIPT: President Powers, Provost Fenves, Deans, members of the faculty, family and friends and most importantly, the class of 2014. Congratulations on your achievement.

It’s been almost 37 years to the day that I graduated from UT.

I remember a lot of things about that day.

I remember I had throbbing headache from a party the night before. I remember I had a serious girlfriend, whom I later married—that’s important to remember by the way—and I remember that I was getting commissioned in the Navy that day.

But of all the things I remember, I don’t have a clue who the commencement speaker was that evening and I certainly don’t remember anything they said.

So…acknowledging that fact—if I can’t make this commencement speech memorable—I will at least try to make it short.

The University’s slogan is,

“What starts here changes the world.”

I have to admit—I kinda like it.

“What starts here changes the world.”

Tonight there are almost 8,000 students graduating from UT.

That great paragon of analytical rigor, Ask.Com says that the average American will meet 10,000 people in their life time.

That’s a lot of folks.

But, if every one of you changed the lives of just ten people—and each one of those folks changed the lives of another ten people—just ten—then in five generations—125 years—the class of 2014 will have changed the lives of 800 million people.

800 million people—think of it—over twice the population of the United States. Go one more generation and you can change the entire population of the world—8 billion people.

If you think it’s hard to change the lives of ten people—change their lives forever—you’re wrong.

I saw it happen every day in Iraq and Afghanistan.

A young Army officer makes a decision to go left instead of right down a road in Baghdad and the ten soldiers in his squad are saved from close-in ambush.

In Kandahar province, Afghanistan, a non-commissioned officer from the Female Engagement Team senses something isn’t right and directs the infantry platoon away from a 500 pound IED, saving the lives of a dozen soldiers.

But, if you think about it, not only were these soldiers saved by the decisions of one person, but their children yet unborn—were also saved. And their children’s children—were saved.

Generations were saved by one decision—by one person.

But changing the world can happen anywhere and anyone can do it.

So, what starts here can indeed change the world, but the question is…what will the world look like after you change it?

Well, I am confident that it will look much, much better, but if you will humor this old sailor for just a moment, I have a few suggestions that may help you on your way to a better a world.

And while these lessons were learned during my time in the military, I can assure you that it matters not whether you ever served a day in uniform.

It matters not your gender, your ethnic or religious background, your orientation, or your social status.

Our struggles in this world are similar and the lessons to overcome those struggles and to move forward—changing ourselves and the world around us—will apply equally to all.

I have been a Navy SEAL for 36 years. But it all began when I left UT for Basic SEAL training in Coronado, California.

Basic SEAL training is six months of long torturous runs in the soft sand, midnight swims in the cold water off San Diego, obstacles courses, unending calisthenics, days without sleep and always being cold, wet and miserable.

It is six months of being constantly harassed by professionally trained warriors who seek to find the weak of mind and body and eliminate them from ever becoming a Navy SEAL.

But, the training also seeks to find those students who can lead in an environment of constant stress, chaos, failure and hardships.

To me basic SEAL training was a life time of challenges crammed into six months.

So, here are the ten lesson’s I learned from basic SEAL training that hopefully will be of value to you as you move forward in life.

Every morning in basic SEAL training, my instructors, who at the time were all Viet Nam veterans, would show up in my barracks room and the first thing they would inspect was your bed.

If you did it right, the corners would be square, the covers pulled tight, the pillow centered just under the headboard and the extra blanket folded neatly at the foot of the rack—rack—that’s Navy talk for bed.

It was a simple task—mundane at best. But every morning we were required to make our bed to perfection. It seemed a little ridiculous at the time, particularly in light of the fact that were aspiring to be real warriors, tough battle hardened SEALs—but the wisdom of this simple act has been proven to me many times over.

If you make your bed every morning you will have accomplished the first task of the day. It will give you a small sense of pride and it will encourage you to do another task and another and another.

By the end of the day, that one task completed will have turned into many tasks completed. Making your bed will also reinforce the fact that little things in life matter.

If you can’t do the little things right, you will never do the big things right.

And, if by chance you have a miserable day, you will come home to a bed that is made—that you made—and a made bed gives you encouragement that tomorrow will be better.

If you want to change the world, start off by making your bed.

During SEAL training the students are broken down into boat crews. Each crew is seven students—three on each side of a small rubber boat and one coxswain to help guide the dingy.

Every day your boat crew forms up on the beach and is instructed to get through the surfzone and paddle several miles down the coast.

In the winter, the surf off San Diego can get to be 8 to 10 feet high and it is exceedingly difficult to paddle through the plunging surf unless everyone digs in.

Every paddle must be synchronized to the stroke count of the coxswain. Everyone must exert equal effort or the boat will turn against the wave and be unceremoniously tossed back on the beach.

For the boat to make it to its destination, everyone must paddle.

You can’t change the world alone—you will need some help— and to truly get from your starting point to your destination takes friends, colleagues, the good will of strangers and a strong coxswain to guide them.

If you want to change the world, find someone to help you paddle.

Over a few weeks of difficult training my SEAL class which started with 150 men was down to just 35. There were now six boat crews of seven men each.

I was in the boat with the tall guys, but the best boat crew we had was made up of the the little guys—the munchkin crew we called them—no one was over about 5-foot five.

The munchkin boat crew had one American Indian, one African American, one Polish America, one Greek American, one Italian American, and two tough kids from the mid-west.

They out paddled, out-ran, and out swam all the other boat crews.

The big men in the other boat crews would always make good natured fun of the tiny little flippers the munchkins put on their tiny little feet prior to every swim.

But somehow these little guys, from every corner of the Nation and the world, always had the last laugh— swimming faster than everyone and reaching the shore long before the rest of us.

SEAL training was a great equalizer. Nothing mattered but your will to succeed. Not your color, not your ethnic background, not your education and not your social status.

If you want to change the world, measure a person by the size of their heart, not the size of their flippers.

Several times a week, the instructors would line up the class and do a uniform inspection. It was exceptionally thorough.

Your hat had to be perfectly starched, your uniform immaculately pressed and your belt buckle shiny and void of any smudges.

But it seemed that no matter how much effort you put into starching your hat, or pressing your uniform or polishing your belt buckle—- it just wasn’t good enough.

The instructors would fine “something” wrong.

For failing the uniform inspection, the student had to run, fully clothed into the surfzone and then, wet from head to toe, roll around on the beach until every part of your body was covered with sand.

The effect was known as a “sugar cookie.” You stayed in that uniform the rest of the day—cold, wet and sandy.

There were many a student who just couldn’t accept the fact that all their effort was in vain. That no matter how hard they tried to get the uniform right—it was unappreciated.

Those students didn’t make it through training.

Those students didn’t understand the purpose of the drill. You were never going to succeed. You were never going to have a perfect uniform.

Sometimes no matter how well you prepare or how well you perform you still end up as a sugar cookie.

It’s just the way life is sometimes.

If you want to change the world get over being a sugar cookie and keep moving forward.

Every day during training you were challenged with multiple physical events—long runs, long swims, obstacle courses, hours of calisthenics—something designed to test your mettle.

Every event had standards—times you had to meet. If you failed to meet those standards your name was posted on a list and at the end of the day those on the list were invited to—a “circus.”

A circus was two hours of additional calisthenics—designed to wear you down, to break your spirit, to force you to quit.

No one wanted a circus.

A circus meant that for that day you didn’t measure up. A circus meant more fatigue—and more fatigue meant that the following day would be more difficult—and more circuses were likely.

But at some time during SEAL training, everyone—everyone—made the circus list.

But an interesting thing happened to those who were constantly on the list. Overtime those students-—who did two hours of extra calisthenics—got stronger and stronger.

The pain of the circuses built inner strength-built physical resiliency.

Life is filled with circuses.

You will fail. You will likely fail often. It will be painful. It will be discouraging. At times it will test you to your very core.

But if you want to change the world, don’t be afraid of the circuses.

At least twice a week, the trainees were required to run the obstacle course. The obstacle course contained 25 obstacles including a 10-foot high wall, a 30-foot cargo net, and a barbed wire crawl to name a few.

But the most challenging obstacle was the slide for life. It had a three level 30 foot tower at one end and a one level tower at the other. In between was a 200-foot long rope.

You had to climb the three tiered tower and once at the top, you grabbed the rope, swung underneath the rope and pulled yourself hand over hand until you got to the other end.

The record for the obstacle course had stood for years when my class began training in 1977.

The record seemed unbeatable, until one day, a student decided to go down the slide for life—head first.

Instead of swinging his body underneath the rope and inching his way down, he bravely mounted the TOP of the rope and thrust himself forward.

It was a dangerous move—seemingly foolish, and fraught with risk. Failure could mean injury and being dropped from the training.

Without hesitation—the student slid down the rope—perilously fast, instead of several minutes, it only took him half that time and by the end of the course he had broken the record.

If you want to change the world sometimes you have to slide down the obstacle head first.

During the land warfare phase of training, the students are flown out to San Clemente Island which lies off the coast of San Diego.

The waters off San Clemente are a breeding ground for the great white sharks. To pass SEAL training there are a series of long swims that must be completed. One—is the night swim.

Before the swim the instructors joyfully brief the trainees on all the species of sharks that inhabit the waters off San Clemente.

They assure you, however, that no student has ever been eaten by a shark—at least not recently.

But, you are also taught that if a shark begins to circle your position—stand your ground. Do not swim away. Do not act afraid.

And if the shark, hungry for a midnight snack, darts towards you—then summons up all your strength and punch him in the snout and he will turn and swim away.

There are a lot of sharks in the world. If you hope to complete the swim you will have to deal with them.

So, If you want to change the world, don’t back down from the sharks.

As Navy SEALs one of our jobs is to conduct underwater attacks against enemy shipping. We practiced this technique extensively during basic training.

The ship attack mission is where a pair of SEAL divers is dropped off outside an enemy harbor and then swims well over two miles—underwater—using nothing but a depth gauge and a compass to get to their target.

During the entire swim, even well below the surface there is some light that comes through. It is comforting to know that there is open water above you.

But as you approach the ship, which is tied to a pier, the light begins to fade. The steel structure of the ship blocks the moonlight—it blocks the surrounding street lamps—it blocks all ambient light.

To be successful in your mission, you have to swim under the ship and find the keel—the centerline and the deepest part of the ship.

This is your objective. But the keel is also the darkest part of the ship—where you cannot see your hand in front of your face, where the noise from the ship’s machinery is deafening and where it is easy to get disoriented and fail.

Every SEAL knows that under the keel, at the darkest moment of the mission—is the time when you must be calm, composed—when all your tactical skills, your physical power and all your inner strength must be brought to bear.

If you want to change the world, you must be your very best in the darkest moment.

The ninth week of training is referred to as “Hell Week.” It is six days of no sleep, constant physical and mental harassment and—one special day at the Mud Flats—the Mud Flats are area between San Diego and Tijuana where the water runs off and creates the Tijuana slue’s—a swampy patch of terrain where the mud will engulf you.

It is on Wednesday of Hell Week that you paddle down to the mud flats and spend the next 15 hours trying to survive the freezing cold mud, the howling wind and the incessant pressure to quit from the instructors.

As the sun began to set that Wednesday evening, my training class, having committed some “egregious infraction of the rules” was ordered into the mud.

The mud consumed each man till there was nothing visible but our heads. The instructors told us we could leave the mud if only five men would quit—just five men and we could get out of the oppressive cold.

Looking around the mud flat it was apparent that some students were about to give up. It was still over eight hours till the sun came up—eight more hours of bone chilling cold.

The chattering teeth and shivering moans of the trainees were so loud it was hard to hear anything and then, one voice began to echo through the night—one voice raised in song.

The song was terribly out of tune, but sung with great enthusiasm.

One voice became two and two became three and before long everyone in the class was singing.

We knew that if one man could rise above the misery then others could as well.

The instructors threatened us with more time in the mud if we kept up the singing—but the singing persisted.

And somehow—the mud seemed a little warmer, the wind a little tamer and the dawn not so far away.

If I have learned anything in my time traveling the world, it is the power of hope. The power of one person—Washington, Lincoln, King, Mandela and even a young girl from Pakistan—Malala—one person can change the world by giving people hope.

So, if you want to change the world, start singing when you’re up to your neck in mud.

Finally, in SEAL training there is a bell. A brass bell that hangs in the center of the compound for all the students to see.

All you have to do to quit—is ring the bell. Ring the bell and you no longer have to wake up at 5 o’clock. Ring the bell and you no longer have to do the freezing cold swims.

Ring the bell and you no longer have to do the runs, the obstacle course, the PT—and you no longer have to endure the hardships of training.

Just ring the bell.

If you want to change the world don’t ever, ever ring the bell.

To the graduating class of 2014, you are moments away from graduating. Moments away from beginning your journey through life. Moments away starting to change the world—for the better.

It will not be easy.

But, YOU are the class of 2014—the class that can affect the lives of 800 million people in the next century.

Start each day with a task completed.

Find someone to help you through life.

Respect everyone.

Know that life is not fair and that you will fail often, but if take you take some risks, step up when the times are toughest, face down the bullies, lift up the downtrodden and never, ever give up—if you do these things, then next generation and the generations that follow will live in a world far better than the one we have today and—what started here will indeed have changed the world—for the better.

Thank you very much. Hook ’em horns.

3 Day Weekend – Trading Video – May 22-23,2014

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

Transcription:

Good afternoon traders, this is Brian with TraderShark.com an educational website to learn how to trade the EMini S&P 500 futures. Today is Friday May 23rd, 2014. I’m going to review both Thursday and Friday’s trade setups. I want you to notice that on Thursday May 22nd, the market opened up at 1885.75 as represented by this white line. As soon as we get over this 1885 level we have kind of a bullish bias until this market reaches the 1900 level. We had a pro range reversal opportunity. I took a loss for minus two ticks. I forced myself out based on the market internals. Then once we got out of the morning no trade zone, we had an opportunity.

There was a nice little pullback, just very quickly got three ticks and got three ticks out of our trade. Then continuing sideways, as we continue onto the morning. We watch for a reversal particularly at 10 o’clock in the morning or also at ten-thirty.  In this case, there was no reversal. There was actually a hook pattern setup and in that regard, there was actually I want you to see the internals on the lower timeframe chart were all firing off long, and I got out at four and seven ticks. If anybody held on for the third contract it would have been a total of 19 ticks on the complete hook pattern here.  I’m exiting early on my trades mostly because of the lower volume and the lower range that we’re seeing today. It did take off right into the lunchtime trading zone and you’ll notice the sideways motion here. Coming out of the lunchtime trading zone, we generally look for a potential run from 1:30 to 2 o’clock. Nice internal setup, long seven ticks.  That was pretty much it for the day, if you take a step back and your looking at this timeframe chart you can kind of see the sideways motion. While there may have been some smaller opportunities in between there, I chose to stay out for the day.

Ok, so here we are on Friday May 23rd, 2014. We have a no trading zone from 9:30 to 9:45. No trades coming out.  Looked for some type of opportunity here around 10 o’clock. I think there was a news report on new home sales came within a consensus range; a really  non-market moving event. Again, the volume stayed very light before the three day weekend. I’m exiting my trades with two and four ticks, didn’t really expect to see much more movement than that. I wasn’t into putting a trail stop on any of these trades.  However, as we pushed our way forward we had the opportunity for a trend line wave trade here for a total of six ticks to the long side. On the higher timeframe chart we actually have a hook pattern to develop for a total of four and four and I did not take the third contract, but if you held on for the third contract you would have had a total of plus eleven on that hook pattern. As we progress forward a little bit of a pullback, another opportunity to get in at four. Took a little bit of heat here, but in the overall big scheme of things it was not much heat at all. A total of four ticks. Again, out really quickly and I’m playing it safe mostly because of the lower volume, and the lower range. Going into the lunchtime trading zone you can see the sideways motion, the narrower band, absolutely nothing else going on here. Here around two o’clock we tend to look for a potential selloff with bond traders stepping into the market, and equities getting pushed. We had an indication to short, but with the lower volume we’ve seen this market, you’ve always heard the adage don’t short a dull market, or slow and quiet equals bullish. That’s exactly what we watch for this day Friday going into the close.  Then, not even wanting to hold on very long there was a nice quick trade here. Another trend line trade long into the close. Anyways, not much but we’re staying conservative, staying safe, and booking minor profits. I wish you the best Memorial Day weekend and enjoy, see you bright and early on Tuesday morning. Have a great weekend everybody.

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.

Good Day Flat Day – Trading Video – May 12 and 13, 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

Transcription:

Good evening traders, this is Brian with TraderShark.com an educational website to learn how to trade the EMini S&P 500 futures. Today is Tuesday May 13th, 2014. I’m going to go over both Monday and Tuesday’s trades. Monday was a pretty good day and Tuesday was flat. So let’s go ahead and look at it, Monday opened up at 1882 represented by this white dotted line. We had one pro-range reversal for four ticks, another pro-range reversal for four ticks. If you traded two contracts that would have been for eight ticks. Continuing on, we come out of the opening range from nine thirty until nine fifteen and then continuing on a nice little opportunity to get long. Target one and target two are hit for a total of twelve ticks. Sometimes I’ve been asked when do I add onto a position. Here there was another opportunity for two contracts we had four contracts going in at this point. The last two contracts went in at six ticks, the first two contracts went in at twelve ticks. We have a yellow arrow, this was a setup but I did not take it and I explained why in the SharkDen. Then you can notice a lot of sideways movement going into the lunchtime trading zone. I want you to notice how narrow the lunchtime trading zone is from 11:30 to 1:15 Eastern Standard Time. Low volume, coming out of the lunchtime trading zone there was an opportunity to go long. Plus two, and then I forced myself out at plus two ticks, and then continued on another pullback for a total of eight ticks as the market continued to grind higher. That was pretty much it for the day, you can kind of see the sideways motion.  From three fifty until four o’clock I don’t do any further trading.

Are you ready for this? Here is Tuesday May 13th, 2014. The market opened up at 1894.25. Now,yesterday our targets were 1888,1894 which we missed by three ticks, and 1904. So this morning opening up somewhere around 1894 was no surprise, had a lot of sideways motion. An opportunity to get in on a trade, got a no-fill. Had another opportunity to get into another trade and then forced myself out flat. That was it for the day. I want you to notice the sideways chop. We had a nice runup yesterday, and this is just a pure, slow grind. Market internal indicators were just not cooperating even though the grind was higher, there was really no reason for us to get into any trade. We sat flat on our hands all morning. Then from 11:30 to one fifteen Eastern Standard Time I want you to notice and see this sideways motion. There’s very little spread in here to make any money, then as the market continues to move sideways again just notice this sideways chop. That was it for the day we had two trades for zero profit for zero ticks. To learn more about this and other advanced trade setups, or to get a copy of the TraderShark Trading Manual please visit TraderShark.com. Have a great evening and I will see you in the Shark Den in the morning.

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.

Nasdaq – Trading Video – May 9, 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

Transcription:

Well hello there traders this is Art Dill, the NASDAQ and oil shark for TraderShark.com. A brief recap of the trades that I took on Friday May 9th, 2014 on the NASDAQ. My first trade was a short, 6:43am at 3513.75. I stopped out of that trade break-even at 3513.75. The next trade I took was at 7:09am, and I will show you that one.  It was a very nice NASDAQ trade. At 7:09, long at 3528, I took one contract off at 3538 for a gain of ten points.  Then I put my trailing stop on the second contract, underneath the moving average bands.  That got me out of that trade on the second contract at 3536.75 for a gain of eight and three-quarter points on the second contract. Total gain on the trade 18 and three-quarter points. So again for TraderShark.com this is Art Dill, hope to see you here in the room soon.

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.

Inverted Head and Shoulders – Trading Video – May 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

Transcription:

Good evening traders, this is Brian with TraderShark.com an educational website to learn how to trade the E-Mini Euro, Crude, and NASDAQ futures.  Today is Wednesday May 7th, 2014. I wanted to introduce you all very quickly to an exciting even that we have going on for tomorrow May 8th. There is a Trade-A-Thon in conjunction with Trading Pub and I to show you how to sign up for that at least through the video.  Go to the learning center, click on the Video Library.  From there you can see the link to the Trading Pub Trade-A-Thon or you can watch the video. You can scroll down to get a little more details about what you’re going to be seeing there. There are going to be eleven traders, I personally am going to be presenting at 9:30 at night Eastern Standard Time, and that’s good for the west coast people. East coast people don’t worry about that, if you register you’ll at least get copies of the recording. Look forward to seeing you all there.

So today the market opened up at 1868.75. There wasn’t much news about productivity and costs at about 8:30, but at 10:00 we had Janet Yellen speaking so let’s go and look how this kind of unwound. Opening price 1868.75, you can kind of see how price action wrapped around it in the opening first fifteen minutes of the day. I did try to get into a short position, got stopped out for minus two ticks, and then shortly thereafter I did have a nice valid short opportunity for a total of nine ticks to the downside. Now this is a higher time frame chart. I want you to notice the different colored SharkBands. Now, I was talking in the Shark Den, we generally don’t trade when the talking heads are speaking and the talking heads would be such as the President of the United States, or the Federal Chairman, in this case Janet Yellen was speaking at ten o’clock. During this time frame, I didn’t get any of this and I didn’t get any of the bounce off of the bottom but I did see this shoulder. You can see the shoulder and the head and then here’s the other shoulder. So a lot of traders may have tried to get in here but I want you to notice, it did not close above that trend line, and this is called the neck line. From the tip of the inverted head and shoulders to the neckline is the projected target. When we do finally get a breakout, which the breakout was right here, which you can see did not reach it in the interim which was during the lunchtime trading zone. But I do want you to see an opportunity that we had to get in in the Shark Den, was right down here at about 11:37, that was in the lunchtime trading zone but in that case conservatively a total of seven ticks, aggressively a total of 31 ticks. I did not tell anybody in the room that I had a third contract on there, I do apologize for that. But we did run that up for a total of 24 ticks on the third contract. See this sideways motion, this was a lot of choppiness that we saw, that is what the people were saying even in the Shark Den. Going off to the right, we had one final trade right here we did have one final hook pattern into the close. I only snagged ten ticks out of it, but it did run nice and heavily. To learn about these and more advanced trade setups, or to get a copy of the Trader Shark Trading Manuals please visit TraderShark.com. Thank you, have a great evening and I will see you in the Shark Den in the morning.

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.

Trading Pub Trade-A-Thon – May 8, 2014


Trading Pub – Trade-A-Thon

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

Transcription:

Good evening traders, this is Brian with TraderShark.com an educational website to learn how to trade the E-mini Euro, Crude, and NASDAQ futures.  Today is Tuesday May 6th, 2014. I wanted to remind everybody of an exciting event that we have coming up here on Thursday May 8th, that TraderShark is joining Trading Pub for a webinar Trade-A-Thon.  We’re extremely excited to be participating with them, they are going to have 11 different traders talking about options strategies, futures strategies, stock trading tips and NASDAQ trading opportunities. So visit TraderShark.com you can visit this link tradershark.com/education/trade-a-thon-with-trading-pub/    and register. You will be able to get, as long as you register, a copy of all of the webinars that go on that full day. If you have any questions please feel free to email me at info@tradershark.com . Make sure you check out our new website and how easy it is to navigate the pages. You can certainly get access to this Trade-A-Thon by clicking on the Learning Center, going to Video Library and the next video that you’re going to see here is actually going to be the invitation to join us on Thursday. I’ll be doing my presentation at 9:30 Eastern Standard Time. Gives us a great opportunity for those of us on the west coast to view what we have going on in the Shark Den, have a great evening and I will see you in the Shark Den in the morning.

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.

Trade-A-Thon With Trading Pub

Traders,

We are extremely excited to be participating in the TradingPub’s Trade-A-Thon this Thursday!  The event will feature 11 professional traders in every market under the sun.

Brian Rehler of TraderShark is going to present from 9:30-10:45 PM EST by educating traders about the futures market and TraderShark’s approach in this market.

Tap Here to Secure Your Spot (Includes Recording)

The Event will also feature:

  • Powerful Option Setups

  • Future Trading Techniques

  • Stock Trading (intra-day and swing)

  • Forex Trading Strategies

  • Nadex Trading Opportunities

  • And more…

REGISTER FOR THE TRADE-A-THON and Recording HERE

*Everyone who registers will receive a copy of the recording

See you there,

TraderShark

Low Volume Continues – Trading Video – May 6, 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

Transcription:

Good evening traders, this is Brian with TraderShark.com an educational website to learn to trade the E-mini euro, crude, and NASDAQ futures. Today is Tuesday May 6th, 2014. The market opened up this morning at 1874.25. Just above this blue shark band here. You can notice in the first part of the morning we had a lot of sideways motion, choppy, very low volume. Right here at about 12:20, we had an opportunity to get short for a total of eight ticks. Right there at 2:00 another opportunity for eleven ticks on the downside. This is a higher time frame chart, notice the Shark Bands opposing the support levels. Let’s go ahead and go to a lower timeframe chart.

Now this is a lower timeframe chart, I want you to notice that from 9:30 to 9:45 we generally have what’s called a no trade zone.  We do have one trade that sets up; it’s called a pro-range reversal. I did not get filled on this particular pro-range reversal. Continue on into the morning you can see the sideways chop there really wasn’t any room to get onto a run. Nothing really appeared here until about 10:20 this morning, pushing higher for a total of six ticks. Then we got into the highs and I got tagged for a total of twelve tick loss, once we had a failed direction long.  Turned right around and had an opportunity to get short. I did not get in on this eight tick trade. As we continue through,  had an opportunity to get short a total of six ticks. Another opportunity to get short, got tagged out for minus three ticks. Another opportunity to get short for a total of four ticks. We were trying, yet at the same time the SharkBands and the hook patterns were keeping us in line.

Going into a no trade zone lunchtime trading zone here, from 11:30 to 1:15 Eastern Standard Time.  A lot of sideways motion, the lunchtime trading zone is one of the time frames that I prefer not to trade. You can see these target levels we had whether you were trading a hook pattern or coming out of the lunchtime trading zone. Generally, from one thirty to two o’clock I look for a market to move higher so I did not get into this trade going short at about one thirty, but then I saw that they committed themselves. A little pullback for continuation. Got my first target off at two ticks, and then had a runner down to as much as fourteen ticks on the trade.  Then it came back, we had a stop, a trail stop. We then got tagged for only three ticks on my second contract, so I got a total of five when I really kind of left a lot on the table there.  But then you just kind of regroup and as the market went sideways another opportunity right on into the close right around 3 o’clock for a total of ten ticks to the downside.  To learn about these and more advanced trade setups or to get a copy of the Trader Shark Trading Manuals, please visit www.TraderShark.com . Thank you, have a great evening and I will see you in the Shark Den in the morning.

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.

Strategic Stock Trades – Repost May 5, 2014

Traders,
The following was an email from a fellow trader and Strategic Stock Trades. I find their point of view similar to what we have discussed in the Shark Den these last couple days. Enjoy.
TraderShark
————————–
Strategic Stock Trades

SST Email For 5/6/2014:

Good Evening: It was quite the day in the markets on Monday. From having the DJIA down 124 points early on, to closing up 17.66 points, This stock market is not for the amateurs.

Monday was a classic hedge fund, algorithm programmed machine day. When the markets were all on the downside early on, the programmed levels were hit and that prompted the buy programs.

With the buy levels hit, in unison, the short hedge funds came rushing in to buy. This is exactly how the hedge funds work. They all work together as one unit.

The one issue that continues to plague this market is lack of buying volume. Today saw the SPY have its 3rd lowest volume day of the year.

Where is all the buying conviction? It is simply not there.

Thus, we are stuck with a very difficult market environment to navigate. There is not a lot of inventory to buy and not a lot of inventory to short.

The Nasdaq and S&P 500 are the 2 indexes that are now in Overbought territory. That is a slight change as the rotation continues into the Nasdaq stocks. The DJIA actually had its algo number heading down today.

Growth Slowing with accelerating inflation continues to be the theme, although you will not hear that from the wall street pundits.

The spread today between the 10 year and 2 year bond was a whopping 216 basis points. That is Bearish for the financials. Can this market continue higher without the financials?

AAPL contunued its march higher, closing over $600 a share. Everybody and their mother is wanting AAPL now. It has been a long time since traders were tripping over each other to buy AAPL. By the way, AAPL goes 98.40 tomorrow on green.

So, we continue to do what we do: hit and run. UVXY was a great example of what we do.

I will see you in the morning.