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Hook Patterns Rule – Trading Video – Jan 23, 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

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

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Sideways Day – Trading Video – Jan 22, 2014


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

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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

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

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Daily Trading Video – Jan 21, 2014


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

To successful trading,

TraderShark

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

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

This Coming Week – Announcement

Good Evening Traders,

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

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

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

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

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

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

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

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

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

The best of trading to you all.

Brian Rehler AKA TraderShark

 

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


Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den!

TraderShark.com

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

To successful trading,

TraderShark

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

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Holiday Special!

Happy Holidays Traders!

For those of you that attended our Free Trial and Webinar, we would like to offer a Holiday Special!
The 2 months for 1 month special will now include the entire month of February!
Act now, special ends Sunday December 22nd! Member rates never change!

You can Click Here or
Go to TraderShark.com, Member’s Tab, Webinar Specials.

Happy Holidays to you all and a Most Prosperous New 2014 Year!

TraderShark

Holiday Schedule for Shark Den


We wish you all a Merry Christmas and a Happy Holiday Season with a most prosperous New Year!

Here is our schedule for the opening of the Shark Dens:

We will be open CME day-trading hours.

Monday – Dec 23rd – Regular Trading Hours

Tuesday – Dec 24th – Closed

Wednesday – Dec 25th – Closed

Thursday & Friday – Regular Trading Hours

Monday – Dec 30th – Day Trading Hours

Tuesday – Dec 31st – New Years Eve – Closed

Wednesday – Jan 1st – New Years Day – Closed

Thursday and Friday – Regular Trading Hours

Please feel free to email me with any questions. I am mildly bullish into the end of the year, expecting lower volume than usual. Remember slow and quiet equals bullish.

 

FOMC Day – Trading Video – Dec 17 & 18, 2013


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

[email protected]

 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures, the Euro futures and the crude futures. I’m going to talk to you today about Tuesday and Wednesday, December 17th and December 18th. The week before Christmas.
 
The market opened up here at 1780.00 represented by this white dotted line. We generally don’t trade from 9:30 until 9:45. Coming out of the no trade zone we had a nice little push higher. Pull back. Thought we were going to continue higher and actually I forced myself out here at minus 8 ticks. Only to watch the market continue to go into a sideways motion or what we call a megaphone pattern. And the megaphone pattern is really not something you can recognize until after it’s already occurred. That’s creating higher highs and lower lows. And the only way to really play that is on the 5th break towards the downside. In this case just nothing seemed to be working. We did finally have a selloff into the lower side. Little pullback. Continuation. Got the first target off and second target stopped out early for a total of 6 ticks.
 
As we continue on into the lunchtime cautionary zone from 11:30 until 1:15 Eastern Standard Time. Generally it tends to be sideways to bullish during the lunchtime zone. Coming out of that lunchtime zone we had a nice little push higher. Pullback. Looking for a continuation. I didn’t really get a nice setup here. Setup seemed to work out nice right there at about 3:20 or so and got almost a full stop out at -12 ticks, so for the day we had a total of 3 trades, minus 14 ticks for the day. And then we went into the final cautionary trading zone at 10 minutes to 4.
 
Okay, so let’s go ahead and look at Wednesday FOMC announcement day. We didn’t expect much from yesterday or the day before FOMC announcement. And on the day of announcement we’ll generally see a push one way or the other. Actually we just saw a lot of sideways chop.
 
Had one opportunity here at about 10:00 for a shorting opportunity to get stopped out for minus 3 ticks. First target was hit got stopped out for minus 3. Continue on into the lunchtime cautionary trading zone with no trades this morning. As we worked our way towards the FOMC announcement at 2:00 Eastern Standard Time I want you to see the initial reaction was down. They sold off. This usually happens so fast, we don’t take advantage of that type of trade. We wait for the dust to settle.
 
Market took off, pulled back. Really expected this to be the selloff. Did not occur and the burst higher was not able to take advantage of it. This is more of a grind higher. And then once we reached our Shark band we had an opportunity to go short. Held on with 3 contracts, total of 33 ticks to the downside and then found support on another Shark band which you don’t see in this picture.
 
Working our way to the right-hand side and then right there about 2:30 another launch higher for a total of 14 ticks. Reaching up into the same Shark band we were talking about. Pull back, continuation lower for a total of 10 ticks on into the close and that was it for the day. 4 trades for a total of 54 ticks. And then we went into the final cautionary trading zone. I’m not expecting much more for the rest of the week.
 
I want to thank you for watching for more information on these type of trade setups or to learn more about the TraderShark trading methods, please visit TraderShark.com. Thank you. Have a great night and I’ll see you in the Shark Den tomorrow 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.

Free Shark Den Trials and Webinar – Starting Dec 16, 2013

Traders,

We are excited to provide the following Free Trials:

How the Shark Den Works – Webinar
December 16th
(4:15-5:00 pm EST) 45 minutes

https://tradershark.omnovia.com/webcasts

2-Day Free Trial
S&P and Euro Futures – Shark Den – Trading Room
December 17th – 18th
(9:30-11:30 am EST)

https://tradershark.omnovia.com/webcasts

2-Day Free Trial
Crude Futures – Shark Den – Trading Room
December 19th – 20th
(9:00-11:00 am EST)

https://tradershark.omnovia.com/webcasts

To Successful Trading,

Brian Rehler

TraderShark

 

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not an indication of future results. You are receiving this email because you registered on our website, purchased our product or attended our Webinar. To be removed, please reply with unsubscribe in the subject line.