Learn to Day-Trade the Emini S&P Futures
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Tidal Wave Trade – Nov 1, 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.

TraderShark Trading Manual

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To successful trading,

TraderShark

[email protected]
 
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. Our thoughts and prayers still continue to go out to the victims of Hurricane Sandy in the northeast section of the United States. Obviously the market was closed down on Monday and Tuesday of this week.
 
Yesterday we monitored the markets, trading only 1 contract a few scalps, but for the most part it is very difficult for us to get a grasp as to the market, primarily due to the lack of numbers from Monday and Tuesday. With that being said today we had some good solid numbers. The market gapped up by over 8 points. And from that period the opening price here on November 1st, 2012 is 1410.25 represented by this white dotted line.
 
Now when we gap up by that many points we do what’s called a tidal wave trade. And we’re only trading with 1 contract. We are looking for reasons to get into a trade long. And in this particular case we don’t trade from 9:30 until 9:45. It’s a period of higher volatility and we wait for the market to set up in our favor once we get outside that no trade zone.
 
An opportunity to get long yielded 22 ticks on this particular trade here at about 9:46. Now as we scaled out or scaled in we added additional contracts. Up here at about a little after 10:00 we added one more contract for 12 ticks. And then another contract in here at around 10:11. Now some of our profit targets, each one of these trades we use 1 contract only. So if you traded more than 1 contract you obviously yield a little bit higher results.
 
Price action remained above the moving average and as a result we continued to watch minor pullbacks. And we then had an opportunity to get in short below the moving average right here at about 11:25 or so. Took a loss for 4 ticks on that particular trade. Again, only using 1 contact.
 
Coming out of the no trade zone from 11:30 to 1:15 Eastern Standard Time we had another opportunity to get short. I used 2 contracts on this particular trade with a target of 4 ticks. So we had a total of 8 ticks with 2 contracts. And then coming up through the moving average for a continuation to the downside based on our auto wave trade. Total of 6 ticks. Two ticks for 1 contract. 4 ticks for the other contract. And that was it for the day. We had no trades in the Euro this morning.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great evening and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Shark Den will be open today

Good morning Traders,

The Shark Den will be open today. We are expecting low volume and treating today like a Monday by ways of volatility. NYSE still having some internet challenges and from Bloomberg “some are still flying blind.” Much of NY is still without power, so most of today, we will be sitting on hands (SOH) and watching to see if we get any opportunities to trade today. The key today is to be patient and let the market come to us.

To successful trading,

TraderShark

Shark Den Trading Hours

Settlement Alert
Oct 29, 2012 06:00 PM CDT
As a result of the decision by the securities industry to keep U.S. Equity Markets closed on Tuesday, October 30, 2012, all U.S. Equity products traded at CME Group will close at 08:15 a.m CT. CME Group plans to utilize the settlements from Friday, October 26th, but will re-settle them at 8:15 a.m CT if market conditions warrant. As of now, all other CME Group products, including NYMEX and COMEX, will settle at their normal times. We will communicate any changes to this accordingly.

Shark Den will be Closed Monday October 29, 2012

Settlement Alert
Oct 29, 2012 07:03 CDT
As a result of the decision by the Securities Industry to close all U.S. Equity Markets on Monday, October 29, 2012, all U.S. Equity products traded at CME Group will close and settle at 08:15 CT. All of the settlements for these products will be based on settlements from Friday, October 26. As of now, all other CME Group products, including NYMEX and COMEX, will settle at their normal times. We will communicate any changes to this accordingly.

Trade of the Day – Oct 22, 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.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

[email protected]
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Monday, October 22nd, 2012.
 
The market opened up this morning here at 1425.75. There’s a Shark band right there in the center. Our opening range we had about a 3.25 point opening range, which was narrow enough to think we were going to have some type of breakout one way or another. We had a little bit of a head fake to the downside. Worked its way back up into the opening range. Little bit of a head fake to the upside. No trades at this point. And right back into the opening range.
 
No trades all the way up until about 11:15 or so. We did have a nice hook pattern setup. An opportunity to get short. Target 1 and target 2 were hit. If you held on for the hook pattern target you were a little bit shy of getting that. Had to wait a little longer. And right into the no trade zone, about 2 hours into the no trade zone you would have gotten that pattern filled.
 
Another nice clean hook pattern. Again this occurred during the no trade zone for an opportunity to get short. We don’t trade during the no trade zones, but I want you to see the patterns anyways. Found support on the Shark band. Nice rebound off of the bottom. Break of a significant level. Shark Attack trade. Target 1 and target 2 hit. In this particular case I think I got in around 1422. I held this one on for a total of 3 points, 12 ticks.
 
And a special congratulations to Cliff. I think he, he beat me by almost doubling me today. He ran 6 points just on this one trade in itself. It was a fantastic into the close timeframe to trade. As a quick reminder, you know, your best time to trade is 9:30 to 11:30 Eastern Standard Time and then that last half hour into the close. Usually about 20 minutes from about 3:30 until about 3:50.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great evening and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Daily Trading Video – Oct 19, 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.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

[email protected]
 
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, October 19, 2012. It’s also options expiration day and the 25th anniversary of the flash crash that occurred back in 1987. So we want to keep that in the back of our minds. It’s not too important at this point.
 
The market opened up at 1450 represented by this white dotted line. We don’t trade from 9:30 to 9:45, just a period of higher volatility. And we want to let the bulls and the bears determine what direction they’re going to push the market. We had a gradual selloff.
 
Coming out of the no trade zone the market kind of wrapped itself around our moving average. Didn’t really have any opportunities to get in. There was a nice opportunity, notice our wave trade indicator, double red dot popped in here. I did not get in on this one, so I waited for another healthier entry right there at about 10:46 for a short opportunity. And this one we hit our target 1, target 2, and I had a trailing stop in there. I had a trader in the room also held on for a total of 36 ticks just on this one trade. So 21 to 36 ticks depending on what stops or profit targets you used. Whether you used a trailing stop or whether you used fixed targets.
 
The market continued on the selloff. At this point we’re all watching all of our market internals. Sold off into the no trade zone. No further opportunities to get on. We look for a little bit of a pullback for a continuation. We don’t trade during the no trade zone from 11:30 until 1:15 Eastern Standard Time. Which you were when we finally got stopped out right here at about 1434.
 
Coming out of the no trade zone we had a nice little break through the moving average. Continued bearish pressure to the downside. An opportunity to get short. A total of 10 ticks there at about 1:45 Eastern Standard Time. Another opportunity to get in short. If you’re doing a trend trade you would have had a reduced risk stop out with minus 2 ticks. I did not get in on this one.
 
We look back as we continue on into the close. There was no other opportunities for us to really jump on this trend until getting into the close. Had an opportunity to get long right here at about 3:45. Target 1 was hit. We rode it all the way up. It would have hit target 2 except I had my target 2 up closer to around 1432. I missed it by 1 tick. Came back. Stopped me out for flat breakeven.
 
All in all it was a great day. Especially considering it’s an options expiration day and with the volatility we had to deal with.
 
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. Have a great weekend and I’ll see you in the Shark Den on Monday morning. Thank you.
 
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.

Date With Destiny

This is a motivational moment and an incredible video. I am not endorsing this organization, however, I do think that the message this video provides is inspiring and thought provoking enough to push you to do whatever it is in life that inspires you. I hold this to be true with trading for a living.

Click here for video by Tony Robbins

This is just part of the awakening that happens at Date With Destiny. Imagining what it feels like is only the beginning of the adventure of a lifetime.

 

Daily Trading Video – Oct 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.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

[email protected]
 
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, October 11, 2012.
 
The market opened up this morning here at 1437 represented by this white dotted line. We generally don’t trade from 9:30 to 9:45. However, there was some unemployment numbers that came out positive. First pullback opportunity here. We did trade pre-market. I’m not showing it on here. We pulled 2 ticks and 3 ticks and then we had the market open. We don’t generally want to be in a trade at the market open. Obviously that’s like a news report movement in price action.
 
We waited for the first opening range. Ran across the moving average. Nice pullback here. Now, I got in late. This is a classic mistake, chasing a trade. If you took your standard entry and got in here or tried at least by 1 tick, you would have hit your target 1 and target 2 for a total of 10 ticks. However, I did a classic mistake. I traded it. I was a little bit late getting in. Did not get my target 1. Pulled back to about minus 4 ticks and would have gotten stopped out for minus 8 with 2 contracts. So I’m going to label this as minus 8 to a total of plus 10. I took a loss of 8 ticks. Some traders in the room, if you hit it properly, you would have been out plus 10 ticks.
 
And then as the market continued on price action continued. You don’t want to be buying at the highs of the day and I want you to notice we did have what’s called an extended wave trade long. And got in here. Target 1 was hit. Got stopped out for 2 ticks over on this side.
 
We then cross back through our moving average. Tested our opening price. I did not get into this trade because I generally don’t trade within 1 point of opening price. In this case a nice clean setup. See that wave trade signal right here for a total of 6 ticks. It’s colored yellow because I did not take that trade.
 
We then went into what’s called a no trade zone from 11:30 until 1:15 Eastern Standard Time. And that’s just a period of higher volatility, lower volume. Coming out of that no trade zone, I was not here. I was actually at a meeting. Did not get back in until around 2:00. But this is a nice clean setup. I think some of the traders in the room did actually get a hold of this one. Trending outside of the opening range. Target 1 and target 2 for a total of 10 ticks.
 
Then just as I was settling into the trading area, there was a counter trend trade that set up. Target 1 was hit. Got stopped out for minus 2 ticks on that trade. Again, they’re yellow if I did not take them. They’re colored red if I shorted and green if I went long. In this particular case just as everything was settling down thinking we had a nice trend to the downside, target 1 was hit got stopped out for minus 2 ticks. And you can’t just stop because you’ve got a reduced risk stop or a full stop out. You’ve got to continue to follow according to your trade patterns. Wave set up here just about 3:30 in the afternoon. It is counter-trend. Target 1 and target 2 hit for a total of 6 ticks.
 
And then you’ll notice the last trade into the close, by that time there was quite a bit of sideways movement. Did not expect this market. But the setup. There’s your wave trade setup. Target 1 and target 2 hit for a total of 6 ticks. Again, yellow, I did not take it.
 
To learn more about these and more advanced trade setups, or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great evening, enjoy the debate tonight, 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.

One Screen Says it All – Oct 10, 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.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

[email protected]
 
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, October 10, 2012.
 
The market opened up this morning here at 1436.25. And I want you to notice one thing, one screenshot really says a lot here. From 9:30 until 11:30 there was literally, price action remained within its opening range. And we had a huge support level here on our Shark band. I want you to see that that’s not an ordinary width of a Shark band. So in this particular case, there was just so many numbers that consolidated short of getting a confluence, that it was from 1430 to 1434.
 
And then from 11:30 until 1:15 Eastern Standard Time this is a no trade zone, so we tend not to trade during this the no trade zone. It’s a lunch hour. Higher volatility, lower volume. And so if you did not take a trade in this case there was no trades for the day.
 
Coming out of the no trade zone about 1:15 we had more of the same of what happened this morning. Sideways chop. There’s the bodies of the candles all within each other. Wicks on top. Wicks on the bottom. That’s all they did, just running stops. Running stops. Just chop.
 
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.