Learn to Day-Trade the Emini S&P Futures
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Daily Trading Video – Oct 9, 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 Tuesday, October 9th, 2012.
 
The market opened up this morning here at 1449.75 represented by this white dotted line. We generally don’t trade from 9:30 until 9:45. Coming out of the no trade zone you can see we had a lot of sideways movement. It continued to work its way around the moving average really close to opening price. Found a lot of overhead resistance. Just not any clean opportunities to get into this market.
 
Until we got our first indication right here, and that was our momentum indicator down below. And then we had several more opportunities. I wasn’t able to get in until right here around 10:49, an opportunity to get short. I actually took on 4 contracts in this position because we also had the market internals in our favor. And we had the negative news out of Europe. So we took our target 1, target 2, and target 3 for a total of 32 ticks on 1 trade.
 
Had a couple trades on the Euro today. Two good trades in that. And then these were just a little bit of pullbacks prior to hitting our Shark band. Worked our way all the way down here to the 1437.50 level. And once we hit our 1437.50 level we saw a nice sideways movement into the no trade zone from 11:30 until 1:15 Eastern Standard Time.
 
Worked our way back up for a 5 point pullback. However, we didn’t get on the other side of the moving average and so we remained inside. Brief chop. No further trades. There was a couple of opportunities to get in short once we had a breakthrough. Pullback. Right in through here we had an opportunity to get in for a quick 4 ticks and that was it for the day. One trade for 32 ticks.
 
To learn more about these and more advanced trade setup, 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 8, 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 8th, 2012. Columbus Day for many of the banks. And here in the United State a lot of the volume was not to be expected today. We had no other news reports. So expect a lot of sideways movement.
 
We did have a narrow opening range. A little bit wider Globex. With the volume we just really couldn’t, it’s probably better to be sitting on your hands on a holiday like this. My natural bias is a choppy to bullish day. So the market opened up here around 1450.25. Right up here. And that’s pretty much the way the whole market went sideways.
 
We did see what’s called a Shark Attack trade set up, right here at about a little after 10. I only used 1 contract on this particular trade because, you know, you have to manage your risk and with the lower volume. Now this is a 2 point and 4 point move. So I only used 1 contract and it was just not going to go my way and I got stopped out for minus 6 ticks. Not a big loss there, but just you want to be aware of it.
 
We then had the opportunity to pullback. And then try it again. Broke through the moving average. Pullback. We were able to get off a target 1. Here in this particular case I did use 2 contracts because I thought I had a higher probability of going in that direction. Got my first target off and got stopped out for minus 2 ticks. And then we went into the no trade zone.
 
So you can see there was just a lot of sideways movement. Choppy day. Coming out of the no trade zone had another opportunity or a re-approach to yesterday’s low. And I had a trailing stop of this one thinking we may have a little bit of a burst. And it really worked its way up to plus 12 ticks and I got a stop of plus 4. And that was it for the day.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manuals, please visit TraderShark.Com. 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 4, 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 4th, 2012.
 
The market opened up here at 1450.50. And we had a news report at 8:30 and at 10:00. I don’t know as though the news report was what actually pushed this market. I know the ECU was also meeting. But we had a quick move to the upside. Now the challenge here that we’re looking at a higher timeframe chart is these Shark bands were so close. It really didn’t give us any opportunities for pullbacks. We are pullback traders.
 
And this break out, you’re going to see here when I show you a lower timeframe chart kind of waffled back and forth between these two Shark bands all day. So it was a pretty choppy day. We ended up positive, but all in all, when you look at the Shark bands, bring the Shark bands into the picture we really like for price action to pull out. Nice little pullback and continuation to the next Shark band. Same here at the low side. Break down to the downside. Pullback. And continue to the Shark band. We didn’t really see that. We saw a lot of sideways chop. So let’s go ahead and go on to the lower timeframe chart.
 
So from our lower timeframe chart, we generally don’t trade from 9:30 until 9:45. And then we really didn’t have any trade setups up until the 10:00 news report. So with that we saw some sideways movement. The breakout, again, I’m not a breakout trader so I did not have an opportunity to get on to this run. We were waiting for our pullback. You’ll notice here our momentum indicator we got into an extended position or an overbought position, which could have allowed you to do a market order, a little more aggressive traders.
 
But I had a nice pullback here. It happened so fast we did not have an opportunity to get on to it. We did talk about it in the room. We even had a wave trade indication in that direction. But I colored it yellow because I didn’t get a hold of that trade.
 
Then we had a pullback. Now remember now we’re at the top of our fifth wave, right. You got your one, you got a two, three, four and your top of your fifth wave. Never buy at the top of a fifth wave. In this particular case we bought in at the highs. Little bit of a mistake there. In hindsight 20/20. We got our first target off and got stopped out for minus 2 ticks. I held on for a little longer. I took a minus 6 tick stop on this until it crossed my moving average. And also my anchor charts also indicated to exit the position.
 
Then immediately after that we broke through our moving average. Crossed to the downside. Target 1 and target 2 hit for a total of 6 ticks. Tried it again. Another pullback. You notice our wave trade indicators firing off to the downside. Tried it again. Target 1 was hit and got stopped out for minus 2 ticks only to see it continue on into the downside motion. Now remember these were wrapped between the two Shark bands so we had a lot of congestion and sideways movement.
 
And then there was no trades until we went into the no trade zone from 11:30 until 1:15 Eastern Standard Time. Coming out of the no trade zone we had an opportunity to get short. You’ll notice that the market pushed up, bounced off of our moving average. Had a nice pullback. And generally at the highs of the day we’re not quite at the highs of the day. At 4:00 we look for opportunities to get short. Had a nice wave trade indication setup. Took it. Took a total of 6 ticks. Probably could have held on a little longer. Generally you’ll see this thing run to 10 to 12 ticks or more. And then we went into some sideways consolidation.
 
So that’s pretty much the way the rest of the day wrapped itself up. There’s another opportunity, I didn’t fill it in there, there’s another 6 ticks here going to the downside. Another wave trade indication. Broke through the moving average. Pulled back. Kind of a questionable whether somebody would have shorted here, but once we got a breakthrough of our moving average and a pullback we had the opportunity to short into the close.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you 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 2, 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 Tuesday, October 2nd, 2012.
 
This morning I’m going to focus on something just a little bit different. I’m going to go ahead and show you the 30 minute chart. And I want you to notice we had talked about this potential support line all morning. And it’s right down here around 1432. We talked about it. Once it started to hit there we said we wanted to be careful. Even though it took 30, 60, 90 minutes this is a longer timeframe chart. So when you’re a little bit uncertain about a trade direction move to your higher timeframe charts. Take a step back and it will give you a better perspective. Now let’s go ahead and look at the lower timeframe chart.
 
The market opened up this morning here at 1443.25 represented by this white dotted line. We generally don’t trade from 9:30 to 9:45. Immediately coming out of the no trade zone we had downside pressure. An opportunity to get short. Target 1 and target 2 hit for a total of 11 ticks.
 
Continuing on into the morning we had a nice little pullback. An opportunity to get short again ride it down. Target 1 was hit. We got stopped out. We saw in market internal indicators as well as a wave trade crossed against us here. Exited for a loss of 1 tick.
 
Market continued. Even though we had a cross of the moving averages to the upside, we found resistance on the opening price for a selloff retracement. Continuation. A total of 7 ticks. Target 1 and target 2 hit for a total of 7 ticks.
 
Then, you know, hindsight’s always 20/20. You can see even some of our momentum indicators are pointing down. Tried an opportunity to get long here and the market internals went against us quickly we took a loss of minus 8 ticks total.
 
Then we went into a no trade zone from 11:30 until 1:15 Eastern Standard Time. Notice the sideways movement in this particular market. Coming out of the no trade zone an opportunity to get long. Got target 1 off and go stopped out for minus 2 ticks only to be followed through. When you get a stop out be aware of where your price action’s working in relationship to the moving average. An opportunity to get short. Target 1 was hit. Took a little pressure before it dropped off for a total of 13 ticks on that particular trade.
 
We then, I want you to notice something here. We’re going to pop on, you can see a channel developing very nicely here. And when it did, the high right here at 1434.5. I was telling people that I’m looking at putting a buy order above the 1434.5 or below the low here at 1432.25 for this to continue lower. But remember the 30 minute chart we just looked at, 1432 was a key support level. It went on for about an hour and a half before we had a nice little breakthrough. The upside, a little bit of downside pressure before it launched off. Easily 4 ticks for 1 point, 8 ticks for 2 points. We eventually hit our ultimate target of 4 points. So on this particular trade, it’s called a Shark Attack trade 2 point and 4 points, total of 6 points on that particular trade. And then we went into the no trade zone.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great night and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Daily Trading Video – Sept 28, 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, September 28th, 2012.
 
The market opened up this morning at 1435.5 represented by this white dotted line. We generally don’t trade from 9:30 to 9:45. It’s a period of choppiness and the bulls and the bears trying to determine who’s going to take control today. I did actually have, the one exception to the rule is we’ll take a trade in the direction of the half gap fill if it sets up. It did set up in this case, however I didn’t have a momentum indicator with me and as a result I took a full stop out. So I know a lot of people had been expecting me to get caught one of these days. And I did. I got a full stop out here, minus 16 ticks. But you can’t let that affect you. You got to go on for the rest of the day.
 
Coming out of the no trade zone here at 9:45 we had a nice opportunity to get short. I did not get into this. I was pretty much waiting to see how price action was going to materialize. We just came after a 9:45 news report and then we’re going into a consumer sentiment report at 9:55, so I didn’t want to play around that close to the news reports.
 
Coming out of the 10:00 timeframe we blew through our moving average. Pulled back. Another opportunity to get long. Got target 1 off. Got stopped out for minus 2 ticks. As we continued on we saw price action drop below the moving averages. Now we had a trend break. So our trendline should be 2 ticks and 8 ticks. And in this case I scaled out a little bit early for 2 ticks and 6. Took a total of 8 ticks on that trade.
 
And as we continued forward, you notice how price action just kind of continued to revolve around this moving average. So we had a nice little wedge forming. Okay, we don’t know what’s going on on the right-hand side of the screen. But there’s 1, 2, 3, 4, 5, touches and then a breakout. We weren’t really sure whether this was a fake out break out or not, you know, it came back up and taught. We had a kiss good bye here for a continuation to the downside. Another setup on a momentum indicator. Went short. Did a little bit of flinching. No targets hit. And you know what, I just, bottom line is I got scared out. I didn’t feel comfortable with this sideways movement and the chop that I saw with other indicators. So I flattened out for zero. If I held on, probably would have hit my target 1 and target 2.
 
Our no trade zone is from 11:30 until 1:15 Eastern Standard Time. Now I call it a no trade zone. I don’t trade in it. However, our indicators set up and are still successful. So I’m not trading it. If you choose to trade it that’s a prerogative. I want you to see a nice break through the moving averages. Pullback. Continuation. And this thing just took off.
 
Coming out of the no trade zone the continuation to the upside was quite apparent, but there was no pullbacks so it really didn’t give me an opportunity to get in. I was looking to get long in through here. However, we started to get bordered by the clock and I do watch the clock. At 2:00 we take no further long positions we want to be out of any long positions by 2:00. Found a nice clean setup here. Momentum gave us a nice wave trade setup. Target 1 and target 2 were hit. In this particular case 4 ticks on the first target, 8 ticks on the second target. Total of 12 ticks with 2 contracts.
 
Broke through to the downside. Had a little bit of a pullback. Thought we may have an extension. Target 1 was hit, got stopped out for minus 2 ticks. As we continued on into the day each one of these met with pullbacks, which stay below the moving averages. Pullback. Stay below the moving averages. You could have scalped out coming back through getting ready to go into the close of the day breaking through. Working our way right back towards opening price. When you’re in within 1 point of opening price you know that just tends to be a choppy timeframe. And we close up the week.
 
I want to thank you for watching. To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great weekend and I’ll see you on Monday morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Daily Trading Video – Sept 26, 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, September 26th, 2012.
 
The market opened up this morning here at 1435.25 represented by this white line. 1435 was actually yesterday’s low, so we were aware of this level up here. Price action came out outside the no trade zone. First 15 minutes of the day we don’t generally trade.
 
Didn’t really have any opportunities to get in until right here about 10:20. Had an opportunity to get short. Target 1 and target 2 were hit, so depending on your entry you could have gotten anywhere from plus 9 to plus 12 ticks on that particular trade.
 
We then found support at 1427.50. Nice little bounce for 4 ticks. Two ticks and 4 ticks were our profit targets. And then quickly get back on it. Target 1 and target 2 for a total of 8 ticks to the downside. We then had a nice little bounce off the bottom. We really probably should have waited for our price action to get above this particular moving average. Did not. Got target 1 off and got stopped out a total of minus 2. Plus 2 and minus 4 for minus 2 ticks.
 
Price action continued on into the no trade zone from 11:30 until 1:15 Eastern Standard Time. Coming out of the no trade zone did not have any other opportunities. Kind of wrapped around this moving average. We did see selling pressure going into the close. Couple other opportunities. We even had a shorting opportunity right here. It was pretty choppy in the afternoon.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you and we’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Daily Trading Video – Sept 25, 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 Tuesday, September 25th, 2012.
 
The market opened up this morning here at 1454 where the white dotted line is. I want you to notice we generally don’t trade from 9:30 until 9:45. Just a period of higher volatility. Coming out we really didn’t see much movement. A nice little break to the upside. Pullback. It was going into a Shark band, so I didn’t take this trade. But it was a nice clean setup. You see that wave trade indicator here.
 
Price action still continued the sideways motion, so we were kind of riding right through this entire Shark band. Let’s see if maybe I can show you a screenshot of that. Right here you can see the first part of the morning, they appeared to want to selloff and then just ran sideways. And kind of got stuck in the middle of this upper Shark band. The next Shark band cut through like butter. Found resistance. Continuation. And then you saw a little bit of a bounce. Not much. All the other market internal indicators were just indicating pure bearishness. Now one should have tried to buy in through here. And then worked its way down. Finally found support on the third Shark band and even broke through that third before 4:00.
 
So the reason I showed you that was notice this sideways movement. You know, even a break below the moving average trend to get short, you don’t want to do that into the opening range. A break above the moving average. Pullback. Nice. It was actually 2 opportunities to get long. But kept our profit targets really tight. This was just from the past couple weeks that we’ve seen sideways choppiness. We kept our stops very tight and our profit targets very tight.
 
Then we went into the no trade zone. Now I want to let you know here we don’t trade. We don’t enter any new trades. I just want you to see we had a nice sell signal in the no trade zone and a continuation to the downside. Again, below the moving averages.
 
Coming out of the no trade zone the pressure was still to the downside. We had good news this morning, right. Housing stock prices were up. Consumer confidence was up. Nobody was expecting this. And it was the exact reason why we had the selloff. Look at these red dots below the moving averages. Red dots below the moving averages. Just continue to have bearish pressure to the downside. I was not here about this time, I had an appointment. So hopefully some traders inside the room were able to take advantage of these down moves.
 
This may have gotten a reduced risk stop out. Continuation. Continuation. Continuation. Look at the red dots. Just everything firing off. This is a yellow, this is one we talked about but I did not take it, it just happened so fast. Continuation. Look at our green dots. They’re below the moving averages. You don’t take the green dots. No waves to the long side.
 
And we had one nice clean, some people would have gotten in here. Taken a little bit of heat. A little bit of pressure. Finally a nice selloff for 15 ticks into the close. And then the pressure just continued to the downside. So the biggest thing that we learned today was really patience. Watch your market internals. And when not to be going long. You can be short and hold onto a short position, but with all of our market internals telling us don’t get in long you don’t want to try and call a bottom. Calling a bottom is devastating to your financial account.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manuals, please visit TraderShark.com. Thank you and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Daily Trading Video – Sept 24, 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, September 24th, 2012.
 
The market opened up at 1446 represented by this white dotted line. We generally don’t trade from 9:30 to 9:45. We have one exception, that’s if we get a trade in the direction of the gap fill. In this case it pulled back. We generally don’t trade around opening price. In this particular case it was a nice setup. We went long for target 1 and target 2 for a total of 7 ticks.
 
Then there’s a nice little pullback. Found support again on our opening price for a continuation. Break through the moving average for a continuation. Target 1 and target 2 hit for a total of 8 ticks. Then this was kind of a stretch. I generally don’t take more than 2 trades in the direction of the trend. In this particular case target 1 was hit, got stopped out for minus 2 ticks.
 
There was an opportunity here to get short. I did not get it. You can see the red dot wave trade coming in right there. I did not take it. Took a little bit of heat, but target 1 and target 2 would have been hit. I colored it in yellow because that’s a trade that I did not take.
 
From 11:30 until 1:15 Eastern Standard Time notice the narrowness of this range. Buying was kind of light today. Coming out of the no trade zone price action worked its way through the moving average. No pullbacks whatsoever. But we do talk about this in the Shark Den. It’s called a Shark Attack trade. If anybody got on this, now I colored it in yellow. Of all the times I was away from the computer. And, you know, it’s old Murphy’s Law. I came back and I said, what happened. Well, we talked about this at about 11:00 this morning. I told everybody where the targets would be if we had a break of this Shark level. And the targets were 1452.5 and 1454.5. Again I came in after it had already hit the second target of 1454.5. So I did not get in on that trade, but it did yield a nice Shark Attack trade of 2 points and 4 points.
 
You know, there’s a nice strong bullish push. And just like you see in a marathon runner after a long run the market will go sideways. So I’m not expecting to get any trades after that run up. There was pressure to the downside. Look at where we’re getting our red wave dot signal. Red wave dot signal. Can’t take it because you’re above the moving averages. Another red wave dot signal. Possibly until we broke through for a pullback right in here just before we go into our last no trade zone of the day at 3:50 or 10 minutes to 4 Eastern Standard Time. We have a rule that you don’t trade in a no trade zone.
 
This is where you have to apply a little bit of art form, a little bit of common sense. You know, pressure, pressure, pressure. Looking for some type of pullback. Got the pullback. Got our cross continuation for the downside.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Daily Trading Video – Sept 21, 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, September 21st, 2012. The following are a few examples of trade setups that occur on a consistent basis. These trade setups are described in detail in the trading manual and in the live daily Shark Den.
 
The market opened up this morning right here at 1461.25 represented by this white solid line. We generally don’t trade from 9:30 until 9:45 Eastern Standard Time. Just a period of higher volatility, lower volume, chop. Bulls and the bears trying to decide what direction they’re going to go.
 
Coming out of the no trade zone we didn’t have any news report. We didn’t have options expiration day. And I want you to notice how price action remained within our opening range. Tried to get a little bit of a break out to the downside and we really didn’t have any conviction one way or the other. So there was no trades this morning.
 
From 11:30 until 1:15 Eastern Standard Time notice how we have a lot of sideways movement. Still no opportunities for trades. We did start to get a little bit of a breakout here to the downside. Nice little pullback. Got our first target off and got stopped out for minus 2 ticks. Not a big deal. As price action worked its way on we did have another opportunity for a pullback right there at about 3:37. We had an opportunity to get on. Target 1 and target 2 were hit. Went right into the no trade zone. Closed out of our position for a pretty quiet Friday afternoon.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great weekend and I’ll see you in the Shark Den on Monday morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.