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 afternoon traders. This is Brian with TraderShark.com, an educational website to learn how to day trade the emini S&P futures. Today is Monday, August 31st 2015.
The market opened up here at 1973.50 represented by this white dotted line. This is after 10:30 this morning, a nice little run to the long side for a quick 9 ticks. We did not get this trade. This is probably the nicest push to the downside. Anytime we’re trading around the opening price, we tend to be a little more cautious. You never know whether it’s going to pose as support or resistance or cut through like butter. In this case, working our way away from opening price for a continuation, another 9 ticks and long. Went right into it. If you could have held for this little pullback because we knew based on the time frame and based on the other indicators in the room that the market was going to push higher. All in all it was a great day.
Let’s go ahead and go on to show you what’s going on for the week. We actually have Rande Howell going to give a presentation. Go to the Home tab on TraderShark.com. Click on Next Live Webinar and you’ll see a wonderful picture there of Rande. He’s going to be giving us a presentation on breaking the habit of over-trading: learning how to stick to your trading plan. Absolutely fantastic. Make sure you go to the Home tab. Click on the Next Live Webinar and on that same page you can register for his webinar on Wednesday afternoon.
Then just below that, I’m going to be talking about 5 Key Elements to Day Trading. That’s going to be on Thursday the 3rd. Then the event you’ve all been waiting for, the free Shark Den trial. That’s there on Friday, September 4th all day. If you have any questions, certainly come on in and join us. I wish you all the best in your trading for the week.
To learn more about these trading setups or to get a copy of the Trader Shark trading manuals: TraderShark.com.
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.
Author: TraderShark
TraderShark presents Rande Howell, 5 Key Elements and Free Trial
Good afternoon Traders,
Join us for Rande Howell, Breaking the Habit of Over-Trading, Register Here, September 2, 2015, and TraderShark 5 Key Elements to Trading on September 3, 2015. Free Trial follows September 4, 2015. Register on the Home page of TraderShark.com or Click Here.
To Successful Trading, TraderShark
Rande Howell on Over-Trading and Free Trial – Sept 2015
Good afternoon Traders,
Join us for Rande Howell, Breaking the Habit of Over-Trading, Register Here, September 2, 2015, and TraderShark 5 Key Elements to Trading on September 3, 2015. Free Trial follows September 4, 2015. Register on the Home page of TraderShark.com or Click Here.
To Successful Trading, TraderShark
TraderShark – Free Trial and Webinar August 10 and 11, 2015
Good afternoon Traders,
Join us for an Introduction to the Shark Den from TraderShark on August 10, 2015. Free Trial follows August 11, 2015. Register on the Home page of TraderShark.com or Click Here.
To Successful Trading, TraderShark
5 Steps to Becoming a Consistent Trader
Traders,
For those of you looking for consistency in your trading, check out my most recent article for WINvesting:
5 Steps to Becoming a Consistent Trader
https://winvesting.com/5-steps-to-becoming-a-consistent-trader/
Please feel free to pass it on to your friends.
To Your Success,
Brian Rehler
TraderShark
Hook Patterns and Free Trial – Trading Video – June 29, 2015
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 afternoon traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Monday, June 29th, 2015.
The market opened up here at 2075, which you’ll generally see as a white dotted line on our charts. Opening range. Nice little breakout of our opening range. Pull back for a continuation. Failed hook pattern, right, looks like T1 and T2. Failed hook pattern. Went back into opening range, which we know is a choppy area. Broke out of the opening range to the downside. We had one, two, three and four hook patterns that materialized this afternoon.
Notice how these Shark bands pose support. We were expecting the market pullback to 2066, which it did and then it cut right through it like butter. Pull back found resistance for continuation lower on into the close. I thought 2053 was going to be our primary support for the day, it did cut through it. Found resistance. This was after our final no trade zone at 3:50.
I’d like to remind everybody, we have a webinar tomorrow afternoon at 4:30 till 5:00 on the five keys to market timing. Go to TraderShark.com, the Home tab and you’ll see the Next Live Webinar. Click on that link. Take you right over here and you can go ahead and register for June 30th at 4:30 Eastern Standard Time and then after that we actually have our free trial on Wednesday, July 1st. Please feel free to join us. I look forward to seeing you there.
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.
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.
Free Trial – July 1, 2015
Good afternoon Traders,
Join us for another educational series from TraderShark presentation June 30, 2015. Free Trial to follow July 1, 2015. Register on the Home page of TraderShark.com or click here.
To Successful Trading, TraderShark
FryDay – Options Expiration Day – May 15, 2015
Happy FryDay Traders, Options Expiration was ruthless today. Let’s extend the Free Trial to Monday, May 18, 2015. Click here – I want to join you Monday. Have a great weekend and I’ll see you in the Shark Den on Monday morning, May 18, 2015. Let’s see if we can get a little more price action than simply sitting around watching the paint dry like we did today. To Successful Trading, TraderShark
https://tradershark.omnovia.com/register
CME Market Data Conversion MDP 3.0 – Trading Video – May 14, 2015
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 afternoon traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Thursday, May 14th, 2015.
The market opened up this morning here at 2107. Got a pro-range reversal to the short side, just a quick 4 ticks. Not much in trading the opening 15-minute range. Then we were watching for a potential hook pattern for a burst higher. We did gap up by over 12 points this morning. That was indication for a tidal wave trade.
We did not get a deep enough pullback. We did find support on our first Shark band. As this thing pulled back, no hook pattern developed. Again, the first hook pattern actually developed in the lunchtime trading zone, which you don’t see here from 12:30 until about 1:15 Eastern Standard Time. If you were able to tag that in this case, the hook pattern setup, entry price 2110.50, first target 2111.50, 2112.50 and final target 2116.50. Then finalized over here towards the end of the day around 3:15.
Now what’s most important is we’re starting to talk about the CME data conversion that’s going to be occurring here in October. For those of you using CQG data feed, you will see that they have already made the conversion over. All platform data providers are supposed to be doing this by October 2015.
Let’s take a look at some of the research I’ve been doing to find out what we can do about it. Many people use different trading platforms such as TradeStation, NinjaTrader, Sierra Charts, TOS. I currently use TradeStation. They’re using the current data. I believe NinjaTrader uses CQG data feed and they are going to look a little bit different than our charts in the room. With that I think it was necessary for us to address it.
The MDP 3.0 market data conversion, what can we do about it? If you use CQG data feed, currently you can divide the tick data charts by 2.618. In other words, let go use an example right here. If you use a 1,000 tick chart and divide it by 2.618, you should now be using a 382 tick chart on CQG data platforms. All other platforms remain the same until they change.
We’ve got to watch and observe it. I mean once you get used to a certain system, as they change we will have to adapt with them. I’ve also found this as a great example on the NinjaTrader forum and here it is, “The data is not missing in this new format, however it is bundled together to create what the CME sees as more efficient. For example, currently if a 3 lot order is filled against 3 one lot resting orders, 3 filled messages get sent to the exchange. With the new MDAPI, one message will be sent with a 3 lot with the 3 one lot orders against it in the message.”
That’s just simply saying we’re going to less data. We’re going to see less data. They say it’s in the name of more efficiency. To me it looks like potentially covering up larger orders from what the market makers were able to place before. We’re going to see less. We got to be a little more alert and trade what you see, not what you believe.
With that being said, we have a free trial day tomorrow. Come join us. Visit us at TraderShark.com and go to the Home tab. Click down to Next Live Webinar. On that what you’ll do is scroll down. We’ve already had the Festival of Traders yesterday. Scroll down and you should be able to see free trial for tomorrow.
Look forward to seeing you all. Have a great evening. Have a great weekend. I’ll 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.