Learn to Day-Trade the Emini S&P Futures
menu

Shark Den Free Trial – Feb 18-21st


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 afternoon traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P and the Euro futures. We also have a crude Shark Den as well as I’ll be adding gold and the NASDAQ.
 
I wanted to remind everybody that we do have the free trial for this month coming up next week. It has gone out as an email to all of those who were interested, but those of you who have subscribed to the Shark blog, I wanted to let you know how that’s going to work.
 
So you go ahead and go to TraderShark.com. Generally I’ll have a webinar the day before a trial. Was not able to do it this time because we have President’s Day as the holiday on Monday. So I actually have a pre-recorded webinar.
 
Go over here to the Home tab. Click on the Webinar Specials. At the top of that webinar special page you’ll see View Webinar. If you click on that webinar, you’ll see the recorded session. And then as you scroll down, you will go ahead and see the free trials for the Shark Den and free trials for the crude. And at that time if you want to take advantage of the specials we currently have going on. There are all four trading manuals for $149. And also, the Shark Den now, the membership is $178 a month. We’re offering two for one on that.
 
So again, go on back. Check out the free trial. And listen to the webinar; it will give you a brief introduction as to what you’ll expect to see.
 
I look forward to seeing you all on Tuesday and Wednesday of this coming week. Thank you.
 
Link to Video and Transcription

Bad News Market Higher – Trading Video – Feb 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

[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 also have a crude Shark Den.
 
The market opened up this morning here at around 1803.25. If you don’t see it, it’s right here below the blue band. And generally we get down by over 10 points this morning. And when we see a gap by that many points generally we will look for a continuation in the direction. However, the price action did not give us any hint of continuing lower. We had two bearish reports and the market continued higher. And so we always talk about trade what you see and not what you believe. In this case our indicators as well as our market internals were continuing higher.
 
First trade, easily 19 ticks. Second trade anywhere from 12 to 36 ticks. That’s the difference between using 2 contracts and 3 contracts. Once you get beyond two separate hook patterns, 2 contracts and 2 contracts. All in all it was a great day. And we had some final targets up here around 1827. I did not hold on that long. I actually exited down here on the 1823.25 level.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark 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

1800 Finally – Trading Video – Feb 11, 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 futures on the S&P, the Euro and crude. Today is Monday, February 10th, and Tuesday, February 11th.
 
This is looking at Monday’s screenshot. And this is on a higher timeframe chart. I just want you to notice there was a lot of sideways motion; we stayed within our opening range. There was an opportunity to get long right in here, first thing in the morning. Right there just a little after 10:00. And I took a full stop out at minus 14 ticks. Had another opportunity to get short right in here, just before the lunchtime zone, took a minus 2. And then there was another trade. We were talking about once we got above that 1790 level to watch for the 1800 level to be reached and it didn’t actually occur until after around 8:00 that night in the Globex range. There was also I believe another trade in through here where I got a reduced risk stop out of my minus 2 and 3 here.
 
Let’s go and look at Tuesday. This is Tuesday morning here. We had pre-market, we have one trade setup in the room. We watch as it works its way toward the gap fill, which is down here around 1795. And that was good for 12 ticks. A lot of traders were not in the room yet until about 9:30. We then had what’s called a pro-range reversal for a total of 4 ticks here. The market opened up this morning at 1796.25 represented by this white dotted line.
 
Coming out of the no trade zone we had Janet Yellen speaking this morning at 10:00 and for the most part I prefer to sit on my hands during any time that the talking heads are live broadcasting. And that would be whether it’s the President or whether it’s the Federal Chairman and so in that regard I didn’t take any trades. I pretty much sat quietly on my hands. You know, a lot of traders wanted to try and play in through here, but it was not my idea of a good time.
 
We had one opportunity that was a really clean setup. The market internals gave us a second shot across the bow for a continuation higher. So textbook trade would have been about 9 ticks once you got into the lunchtime trading zone. And I was able to get in a couple of ticks a little bit earlier. Told everybody in the room that.
 
From 11:30 to 1:15 Eastern Standard Time is called a lunchtime trading zone. I generally will not trade during that timeframe. Coming out of that timeframe. We‘re careful about any long positions after 2:00. I actually got an opportunity to get into a short position, got my first target off. Got stopped up at minus 2 ticks. And then the market just took off. We were looking for opportunities, I want you to notice the wave trades were firing off long, firing off long. And then we actually hit the high of the day right there at about 3:20 or so. You just don’t see the highs of the day breached from 2:30 to 3:30 in the afternoon.
 
And then going into the close there was a final trade towards the downside and on into the close. So it was a relatively quiet day. There seemed to be movement in the market, but I sat on the sidelines most of the day because of the broadcast of the Federal Chair.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark 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

Turn a Losing Day into a Winning Day – Video – Feb 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, the Euro futures and crude futures.
 
The market opened up here at 1778. Today is Friday February 7th, 2014. First opportunity we had, we generally don’t trade from 9:30 to 9:45, but we had an instant move to the downside. Pro-range reversal for a total of 4 ticks with 1 contract. Not a big deal. It’s kind of a scalping trade.
 
Coming out of the no trade zone we had a little bit of a pullback below the moving average, break above it, pullback. And I got a stop out for minus 12 ticks. Thinking it wasn’t over with yet to the upside, I had another opportunity to go for 8, a long position. Got stopped out for another 8 ticks. Again, and hindsight’s 20/20 of course, but even I get caught up. The Shark bands were right here. And I was trying to trade while I was in the middle of the Shark band, so lesson learned.
 
And then we had a selloff, pullback, continuation, got stopped out to my reduced risk stop out at minus 2. Now I want you to notice how we came back, tested our moving average. Pullback for a continuation. T1 was hit, did not reach my T2. And at that point got stopped out for minus 2 ticks for a total of plus zero on that trade. So far so good on a Friday afternoon.
 
We had a nice little break above the moving averages, pullback. This is a trade that I did not take. It did setup nicely. Looks like it hit its T1 and T2. I think in that trade it would have been a total of 8 ticks, but I did not take that trade. You know, you can’t let a losing trade or a series of losing trades get you need to just take a step back. Take a breather. Stand up. Come back. Look at the screens again and you’ll see the market in a different light.
 
Going into the lunchtime trading zone I generally don’t take any trades. This is from 11:30 to 1:15 Eastern Standard Time and the market just continued to do a gradual grind higher. Coming out of the lunchtime zone there was a nice, clean opportunity for T1, T2 on one trade. T1, T2 on another trade. Total of 20 ticks. We’ve already recovered our losses from the morning.
 
And then up here, nice little bounce off of our moving average for a continuation lower. We were expecting a selloff from the 2:00 time frame. Did not get it. I flattened out for a total of a plus zero. If anybody did, remember if you threw in a countertrend, you might want to keep that in a scalping position for 2 ticks and 4 ticks. I did not get 6 ticks on that. No, I got a total of zero on that. And then what really paid off, again patience pays off, we had a nice little Fib trade, pull back here. If you went for your T1 and T2, you have a total of 10 ticks. T1, T2 and T3 for a total of 22 ticks.
 
I want you to notice the run up here to the 93.5. We were tracking it as it was going up to the T3 and right before a tick we has a selloff into the close.
 
To learn more about these and more advanced trade setups, or to get a copy of the TraderShark trading manual, please visit TraderShark.com
 
Link to Video and Transcription

Tidal Wave Trade – Trading Video – Feb 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

[email protected]

 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the S&P emini futures and the Euro futures. Today is Thursday, February 6th, 2014.
 
The market opened up this morning here at 1750.75 represented by this white dotted line. Jobless claims was better than consensus range. We had kind of a nice push out of the opening price. And then I did try a pro-range reversal, I got stopped out for minus 4 ticks.
 
Continuing on, coming out of the opening range we had a continuation higher. Nice little pullback. I didn’t realize we had set up for a bunch of what we call a tidal wave trade. A tidal wave is you buy one contract and hold on for the majority of the day. In this particular case if you did a wave trade, you would have ended up with a total of 10 ticks. If you did an actual, I think there was also a hook pattern that lined up at this point, a total of 23 ticks. And that’s only with 1 contract. Traded 2 contracts you could have had upwards of 46 ticks.
 
Nice little pullback, continuation. We’re looking for a top up here around 1764.75. And then we had a little pullback. Did try to get into another long position. Got my first target off. Got stopped out, I forced myself out based on the market internals for a total of zero.
 
Now going into the no trade zone from 11:30 to 1:15 Eastern Standard Time, we talked about it. Kind of hung in there. Got a total of 10 ticks on 1 trade and then got stopped out for minus 2 ticks on the next trade.
 
Coming out of the 1:15 lunchtime trading zone, we had a nice little pullback. And this is the only trade that I actually regretted today. I got into a trade and I forced myself out based on the market internals, and then sure enough we had a nice little auto wave kick in, and it took off like a rocket. There’s not much we can do at that point. I don’t like to chase any type of trades. And then it ran sideways most of the afternoon on into the close.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark trading 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

Patience is a Virtue – Trading Video – Feb 5, 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 and the Euro futures. Today is Wednesday, February 5th, 2014.
 
The market opened up this morning here at 1743 represented by this white dotted line. What you’re not seeing here, I’m going to go ahead and show you 3 trades that occurred within one very small area. It doesn’t happen very often.
 
This morning the market was moving very fast. Had an opportunity to get a full stop out, minus 14 ticks. I also had an opportunity to get a hook pattern that had plus 21 ticks.
 
And then this afternoon patience is a virtue. So all the way up until about 11:20, we had an opportunity over here on the left-hand side. You can see the bullish divergence. Notice we had lower lows on the price action. Higher lows on the momentum. Nice little setup for a continuation higher on a Shark Attack trade which is a total of 6 points, or 24 ticks minimum. So 48 for those of you who held on a little longer with possibly a trail stop. I want you to notice how this has continued to push up onto the T4 and T5. You don’t see that happen very often. Maybe once every 3 weeks or so.
 
To the lower timeframe chart. I want you to notice that we had what’s called a hook pattern. You’re not going to recognize the patterns without looking at the higher timeframe charts. That hook pattern and also we had a Fibonacci retracement. Sometimes they’ll occur at the same window, sometimes they won’t, in this particular case. So if, you know, people ask me all the time, will you add on to a position. I sure will. And I will when I get a setup of another trade setup. So while the Shark Attack trade is going on and you’re holding on to that position, and it pulls back. Nice little opportunity to get into 14 ticks and then a 9 ticks. So I did, in all full foreclosure, I did have a, not quite a full stop, I had a total of minus 14 ticks. But all in all it was a positive day.
 
To learn more about these and more advanced trade setups or to get a copy of your TraderShark trading manual, please visit TraderShark.com. Thank you.
 
Link to Video and Transcription

The Day After Chop – Trading Video – Feb 4, 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. Today is Tuesday February 4th, 2014.
 
The market opened up this morning here at 1744.75 represented by this white dotted line. We don’t generally trade from 9:30 to 9:45. Just an area of time. And it was a broad opening range. That broad opening range, by 9:45 we knew that we were going to have a sideways choppy day. I did try for what’s called a pro-range reversal here at around 9:38 and I got stopped out for a total of minus 4 ticks, just on 1 contract. It’s a scalping trade.
 
Coming out of the no trade zone, we really didn’t have any pullbacks or opportunities to get in. And then we had the news out at 10:00, which is a non-market moving event. You can kind of tell the way price action moved sideways. Pullback into our moving average. But there really was no follow through above the opening price. And look at the sideways motion. Hindsight’s 20/20, right? We’re sitting back from an afternoon, it’s all flat. So we didn’t get into any trades. Nice little selloff. Continue. Still, no opportunities to get into any trades in through here.
 
Coming in we had a nice little pullback and then on the higher timeframe chart we had a little hook pattern setup. Got a total of 8 ticks off on T1 and T2. If you held on for T3, some larger traders in the room probably did, you would have pulled out about 21 ticks on that trade. And then the pullback here. First target off. Got stopped out for minus 2 ticks.
 
And look again, from hindsight, this is all sideways chop. Fortunately our indicators were telling us to stay out. We sat on the sidelines for the majority of the day.
 
From 11:30 until 1:15 Eastern Standard Time, that’s what’s called a lunchtime trading zone. Didn’t have any opportunities in through there. Came back in, didn’t see anything again. Remember our opening range was about 7.5 points and with that we chose, we already knew the market was going to be relatively flat to sideways chop today.
 
Little bit come up and test the moving average. Pullback. Opportunity to get long. Total of 12 ticks on this particular trade. That was right there at after 2:15. Continuation higher and then we found our test of the moving averages. Pullback. Continuation lower. There really was no opportunities to get any trade. Once we bounced off of opening price, little bit of a pullback for a continuation into the close. I think it was actually 3 trades that setup here. There was a hook pattern, there was a Fibonacci retracement, there was a wave trade. Anyways on these 2 trades, 11 ticks and 8 ticks on into the close.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark 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

What Support Levels – Trading Video – Feb 3, 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. Today is Monday, February 3rd, 2014.
 
The market opened up this morning here at 1774.75. Just want to give you an idea from a higher timeframe chart, from a more aggressive, we’ll take these pullbacks. There’s a little more detail to it than that. But this initial hook pattern came about at 10:00 when the initial news of ISM manufacturing index came out, well below consensus range. So this is really difficult to get into. The second was certainly a much easier hook pattern to get into. That ranged anywhere from 22 to 43 ticks, just in that one trade.
 
The third hook pattern, got the first target and second target off. Third target did not complete. Would have gotten stopped out for a total of plus 9 ticks on that trade. And then we had a little break of a significant level here. Once the break of the significant level, we had a little bit of a retracement, and then depending on the lower time frame chart we’re going to look at here shortly you’ll see whether we were able to make any money on that little pullback.
 
Continuation, this was not a valid hook pattern into the downside. This was not a valid hook pattern. We did have a nice continuation here to the downside. This happened during the lunchtime trading zone. Some traders may or may not have taken advantage of that but I want you to see that the trade setups do occur, even in the lunchtime zone.
 
Here’s another little clean hook pattern, notice how the completion is down here, very symmetrical. And a continuation just kept hitting each one of our support levels. So I kept saying in the Shark Den, you know, keep this to the downside. Our market internals were just selling off. Bank index was below its average. Volatility index continued to be bearish.
 
And then we found our support level right here at around 36. I kept expecting 37.50 to hold and while it may have penetrated a little bit to the downside, we finished up right there at around 1633.
 
Okay, so let’s go ahead and look at the lower timeframe chart. Here’s the 1774.75 represented by this white dotted line. The market opened up and we initially started off in one direction. We had what’s called a pro-range reversal for a total of 8 ticks. And then we had another pro-range reversal, another pro-range reversal. These yellow ones are the ones I did not take, but I am showing you in the Shark Den for the rules that we do have setup.
 
Coming out of the no trade zone, we generally don’t trade from 9:30 to 9:45 except on that pro-range reversal. Notice that price action came through this moving average. Had a nice little pullback. Got into the trade and then the market internals got me out. I took a profit of one tick. I forced myself out based on the market internals. Had a pretty close stop here also. So actually this should have been either plus 1 or zero loss of commissions.
 
Here at 10:00 the news report of the ISM manufacturing index sold off. It happened so fast, there really wasn’t an opportunity to get in. And then a nice little pullback. Did not even get the first target off. Got a stop out for minus 4 ticks, 2 contracts at 2 ticks each. And then we had another clean pullback for continuation for a total of 10 ticks. Another pullback. I did not get ahold of this one, that’s why it’s colored in yellow. Nice clean pullback. You can see the trigger charts firing off. Pullback up into our moving average. Another opportunity to get short. Took our first target. Got stopped out for a total of minus 2 ticks.
 
And then we had a nice little retracement that we talked about in the higher timeframe video. Remember it broke this significant level. Pullback and continuation. Got a total of 9 ticks on that. And then there was another selloff above the moving averages for a continuation lower. Some traders may or may not have got ahold of that last trade, especially if you were on any of the hook patterns. And then a nice little retracement for a total of 7 ticks before going into the no trade zone from 11:30 to 1:15 Eastern Standard Time. We’re off the charts there.
 
And just a gradual grind lower. Pullback. These pullbacks were deep enough to run the stops. Continuation on the stops. Continuation on the stops. Again in the afternoons, a lot of traders don’t trade. Sideways motion. There really wasn’t any final trades. I had come back in around 3:30 in the afternoon. I tried to get a long position. Got stopped out for minus zero. And then another position, trying to get into a short. And I forced myself out for minus 3 ticks on that. All in all it was a very good day.
 
To learn more about these and other more advanced trade setups or to get a copy of the TraderShark 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 the Video and Transcription

Introduction Video and Specials – Jan 30 2014

Good Evening Traders,

There are two (2) days left before our prices change on February 1st. Our Shark Den is a growing community of traders helping traders.

Check out our TraderShark Trading Manuals. Email me and I will include the Euro Trading Manual with your purchase.

Join us in the live trading room, the Shark Den. We have another Webinar coming up next month.

If you would like to be on the notification list or get a copy of the video “Introduction to How the Shark Den works,” email me at [email protected] or visit us at https://tradershark.com

To Your Trading Success,

TraderShark

Bad News Afternoon Affect – Trading Video – Jan 30, 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, the Euro futures and the crude futures. Today is Thursday, January 30th, 2014.
 
At 8:30 this morning we had a news report that came out. Jobless claims was above consensus range, meaning jobless claims was higher, which was bearish news. The GP was within consensus range. The market opened up this morning here at 1784.25 represented by this white dotted line.
 
From 9:30 to 9:45 we don’t trade. Coming out of the no trade zone we had an opportunity to get short for a total of 22 ticks. And then the market pretty much started to push higher, actually it was a grind higher within an opening range. Didn’t really get any opportunities to the downside. There’s actually a couple opportunities for hook patterns to the downside that I’m not showing here.
 
Worked our way back up into the opening price. And then you can notice the sideways motion. I know hindsight’s 20/20. And just before going into the no trade zone we had an opportunity to get long. Two opportunities one for 8 ticks, one for 15 ticks.
 
Working our way into the no trade zone, I’m sorry we call it a lunchtime trading zone. And I generally don’t trade during that timeframe. Some traders do. Coming out of the lunchtime trade zone. We do look for a potential push higher. We did not get that at 1:30. And then at 2:00 we had a nice selloff here for a total of 14 ticks. Could have held on for a little longer in that particular case.
 
Pushing sideways. And then, remember we talked about, we had two bad news reports, when the market goes up on bad news reports, we expect the news report to materialize in the afternoon. I told everybody about this about 9:30 this morning.
 
Coming into the afternoon close there was one opportunity to get short. Total of anywhere from 6 to 16 ticks. And then shortly thereafter another opportunity to get short 10 to 22 ticks. Going on into the close. And this is where if you’ve gone into the final no trade zone, if you’re already into a position, you can hold onto that position with a trail stop all the way down into the potential profit targets. We hit all our profit targets and then even busted through the final, our final target was around 1787 and it continued to go even lower than that.
 
To learn more about these and more advanced trade setups or to get a copy of the TraderShark trading manual, please visit TraderShark.com. Have a great evening and I’ll see you in the Shark Den in the morning.
 
Link to the Video and Transcription