Education
Ready for the Weekend – Trading Video – July 26, 2013
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
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures.
The market opened up this morning at 1678.00 represented by this white dotted line. We generally don’t trade from 9:30 to 9:45, yet we did have an actual pro-range reversal. It’s colored in yellow because I did not take it. Nice pullback into our moving averages. Continuation higher. We had news right here at 9:55, consumer sentiment report. It was within consensus range, so it really was pretty much of a non-market moving event.
Found our overhead resistance, pulled back. Overhead resistance again, it was our moving average for a nice selling opportunity for a total of 20 ticks on that first trade. Actually added on to our position here as we continued on through. Notice how our trigger chart continued to fire off to the downside. And then we had a final, actually third opportunity, fired off short. Got out early as we found support down here at this 72 to 73 level.
As we bounced off of that support level we broke up through our moving averages. Pulled back, had an opportunity of getting in here, would have been a little bit later. Pushed up. It is still a counter-trend trade until our significant levels are broken. In that regard, only took 6 ticks on it, but the continuation was a nice move upward into our next no trade zone.
From 11:30 until 1:15 Eastern Standard Time. That’s a period of time that I do not trade. In this particular case we do know that approximately 70% of the time that no trade zone will tend to move higher. Coming out of the no trade zone, another opportunity to get long. Notice how we pushed up higher until we got back up to our overhead resistance level. Selling pressure. Kind of a delayed 2:00 selloff. But we do know that on our time chart, on the trade plan, it does indicate that for us not to be taking any long positions.
And once we got a nice clean setup to the downside, an opportunity to get into a 3 point pullback for a total of 15 ticks. In this particular case price action pulled back up through our moving average again. This is almost a nice Fib trade. Pulled back, our auto wave actually fired off. Another target 1 and 2. I did not get into this trade.
Going into the close we had another opportunity. Nice setup here. Trendline break, continuation higher and then on into the final close. I want you to notice we were talking about hitting an upside target of 86.50. I scaled out here at 86 even, primarily because we were in a no trade zone, the final no trade zone of the day. Ten minutes before the end of the day. And then it did continue to grind higher 86.50 level.
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.
An Introduction to the Shark Den – July 24th, 2013
Join us for this
LIVE online event
TraderShark
An Introduction into the Shark Den
Wednesday – July 24th, 2013
4:30-5:30 pm EST
Click here to Register now!
Learn to use common indicators to trade the E-mini S&P Futures in this live webinar event designed for both new and experienced traders!
Join Brian as he takes you step-by-step through his evaluation of the current ES market to determine when a high probability trade sets-up.
Topics to be discussed in this interactive event include:
Interpret how the S&P futures market moves
Time plays a critical role in trading
Target key support and resistance levels
Learn to think before you ‘click’
Use common indicators… inexpensively!
With over 20 years of experience in the financial markets, Brian is committed to helping and educating traders interested in pursuing trading as a business. TraderShark has a unique style of simplifying a complicated futures market.
Click here to Register now!
Futures, options, and spot currency trading are inherently risky and may involve substantial loss of capital. You must be aware of these risks and be willing to accept them in order to invest in the futures and options markets. This website is intended for educational purposes only and does not constitute a solicitation to buy or sell any financial security. Past performance is not necessarily indicative of future results. For more information about the nature of this material, limitations on liability, and the risks involved in trading, it is understood that you have read and understand the disclaimer and risk disclosure on this website.
Slow and Quiet – Trading Video – July 19, 2013
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
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, July 19th, 2013.
The market opened up this morning here at 1680.75 represented by this white dotted line. We had no news this morning moving the market. We generally don’t trade from 9:30 to 9:45, so we didn’t have any trades this first part of the day.
And again, just like a typical Friday, look at the sideways motion we had. We had a couple auto waves firing off here, was not interested in taking them. The market internals were not confirming for us to do that. We then had a nice little breakout, pullback, an opportunity to get long. From a conservative perspective, you would have flattened out and gotten no profit on that particular trade. But from an aggressive perspective holding on, we had some of the market internals were kind of reversing against us. And the only thing we really had in our favor was the old slow and quiet equals bullish type of mentality. And so if you held on through this little bit of a pullback, be able to make it a nice little profit up into 1684. And that would be a total of 9 ticks.
We then went into a no trade zone from 11:30 until 1:15 Eastern Standard Time. Look at the sideways motion here. Kind of supports the reason why not to be trading during that timeframe. Coming out of the no trade zone we had a nice little burst higher. Was not able to get in on that one. A pullback and then for a continuation here, again, right into the close from 3:30 on. Now I got out before getting into our final no trade zone for a total of 13 ticks. And this market just continued to squeeze, a short cover squeeze, all the way up into the 1690 level.
Let’s hope we get a little more volume next week. We are in the middle of earning season. Usually it kicks in about two weeks after the quarterly month. So June being the quarterly month, the second week of July we should start to kick in to a little more movement, activity next week I hope.
Have a great weekend. If you’d like to learn more about these and more advanced trade setups, please visit TraderShark.com 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.
Black Jack Rules – July 18, 2013
Good Evening Traders,
A Shark Den member sent me her rules on playing Black Jack. I found so many similarities to trading I found valuable, that I wanted to share her thoughts with you.
Black Jack Rules
Thank you S.B.
To Successful Trading,
TraderShark
July 4th Holiday Lag – Trading Video – July 8, 2013
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
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, July 8th, 2013.
Got back from upstate New York last night, visiting Niagara Falls. Only to see a little bit of sideways movement for today’s price action. There were no news reports really to propel this market any one way. The market opened up here at 1634 represented by the white dotted line.
Had a little pro-range reversal about 2 minutes into the trading day. And then another pro-range reversal. I didn’t take either one of these. Pretty much sitting on my hands watching the volume. The volume was kind of light today. And then as we came across our first reversal zone at around 10:00 notice we did not have a reversal. We didn’t have a trend. A nice little wave trade long. Target 1 and target 2 were hit for a total of 10 ticks.
I want you to notice, this pullback, right here, broke our support level which told us that the market was not going to go higher, or if it was it had to it had to take through this high. It did not. So there’s a scalping opportunity here short. Look at the auto wave fired off short for a total of 6 ticks. And then letting the market materialize a little bit.
I tried to get into a short trade here. Got my first target off. Got stopped out for 3 ticks, only to see the market continue in my favor. Another opportunity to get short. Came real close to getting us stopped out. Materialized in for a total of 6 ticks. That was pretty much it for the day, so it was a total of 3 trades, 2 of them were successful.
Before going into the no trade zone. We have a no trade zone from 11:30 to 1:15 Eastern Standard Time. Notice coming out of the no trade zone we still really didn’t have any opportunities to get long. Didn’t have any real materialization. What you don’t see here is on our higher timeframe chart we had Shark bands. They kind of held us down from a resistance level. There was really no way for us to get into any trades into the close for this afternoon. So let’s hope we get a little more volume tomorrow.
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.
Delayed Results – Trading Video – June 28, 2013
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
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade emini S&P futures. Today is Friday, June 28th, 2013.
The market opened up this morning here at 1601.75 represented by this white dotted line. I want you to notice that upon the opening at around 9:30 the market ran sideways. We tend not to trade the first 15 minutes of the day. We do have what’s called a pro-range reversal. I got into one position, shorted it, and then I stopped myself out just in time for it to go in the direction I thought it was going to go anyways. Zero on that particular trade.
Then we had a news report out at 9:45. I believe that was the Chicago PMI. And so we tend not to trade within about 3 minutes either side of that news report. There was an auto wave that fired off short. Did not take that. That’s why it’s colored in yellow. And then at 9:55 we had the consumer sentiment report and that also tends to have, sometimes news leaks about 3 minutes early. And so we try not to trade 3 minutes prior, before and after that one. And as a result an auto wave fired off. We did not take these two trades. I did not personally.
And then as the day went on, one of the news reports being neutral and the other one being extremely bearish. I believe the Chicago PMI was below consensus range. Depending on how the news responds, if it does not respond in the direction of the news in the morning, then we tend to believe that the market’s going to follow through in the afternoon.
This being Friday, we really kind of bottomed out here. And just as expected the market pushed higher on bad news. Running all the stops. Another opportunity to get long again, the yellow arrows are the ones I did not take. We’re working our way back in towards the opening price. Back into the opening range. Did not want to be played with this choppy market going on.
And as a result really didn’t have any trades to materialize until right here at about a little after 11:00. I got in the trade. I got my first contract off, and then the second contract I flattened at the same position, and so I took a total of 4 ticks on that trade. And then once we got up there got a nice setup to go long. Got my first contract off and it messed around with me, came to within 1 tick of our target 2 and then came back out and I got stopped out for minus 2 ticks. And that’s one of the reasons we keep our stop relatively tight. After it starts to move we tighten it up.
And in this regard, here at 11:30 we had what’s called a no trade zone. And from 11:30 to 1:15, again another period of time where the volatility increases and the volume decreases we don’t ever want to get caught in that realm. However, I mean I call it a no trade zone and yet we were watching it close, looking for a type of selloff. I took this trade to the downside, and all of the sudden found, I got my first target off and then I flattened out there too. It was just, we were watching the volatility index. We were watching the bank index. It was really all over the place and so it would have followed through and hit our second target, I just chose to get out quickly.
And then as we continue on, here at about 1:15, came out of the no trade zone. Had a nice opportunity to get in long. And I want you to notice we had a nice clean trendline on a momentum indicator and got our first target off. Got stopped out before it continued on in the direction. Took a minus 2 ticks on that trade.
And then at around the 2:00 timeframe we don’t want to be caught in any long positions, but you don’t just inadvertently short. So in this particular case, I waited for a nice clean setup. Got the setup to go short. Auto wave fired off. Target 1 and target 2 were hit. Actually in this particular case I was expecting to run quite rapidly to the downside. It did not.
Going on into the close we had an opportunity to get long. Target 1 and target 2 were hit for a total of 10 ticks. We were above the opening range and at that point it just kind of appeared that we were not going to have the heavy sell off we were expecting.
And then, again, I know this is a no trade zone here at 3:50 is a no trade zone. And I started to put all the arrows into the Shark Den, so everybody could see what was going to go on. Going into the final no trade zone, I always tell people that we don’t trade at 3:50, but there are exceptions to the rule. In this particular case, remember the news report we had this morning. Expecting a sell off due to the news. Going into the close of the day, I did take this trade short. And I don’t want newer traders taking this type of risk, but in this particular case, you know, we kind of know how the S&P futures breathes and this thing was going to tumble. All of our indicators were firing off to the downside and we were not disappointed. So kind of saved the day for a Friday afternoon.
I want to let you know, next week I’m going to be in New York. I will be broadcasting live Monday, Tuesday, Wednesday, and Friday. Have a great weekend everybody. Have a great 4th of July. And I will talk to you then.
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 talk to 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.
Head and Shoulders – Trading Video – June 24, 2013
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
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, June 24th, 2013.
The market opened up this morning here at 1570 represented by this white dotted line. We then have an opening range that we generally do not trade in, or it just tends to be a little choppier than usual. But as soon as the market opened up we said watch for this 1556 to 1557 level. 1556.25 was the gap from April 24th. And the downside pressure from overnight, since Friday, expected our final target to be down around 1556.25.
We then had a nice little retracement back up to the opening range, resistance level. Pullback until about 10:30. At 10:30 we had the Dallas Fed Manufacturing Index came out much better than expected. So all of the sudden, we had a tidal wave setup to go to the downside, but we didn’t have that much reaction from the news until later on in the afternoon.
Coming in for a pullback back into the opening range. Continuation, we had what’s called a trendline wave trade and then an extended wave to the downside. Only to find our bottom here on a Shark band. Shark band took a final bounce and then never looked back.
Working its way from the low of the day right here during the no trade zone, we have a no trade zone from 11:30 to 1:15 Eastern Standard Time. For a 27 point move upward. Worked its way back into the opening range, through the opening price. Notice how they had initial retracement off of opening price for a continuation. And then it worked its way through this Shark band for another retracement to the down side.
For a trade of the day, we had what’s called a head and shoulders pattern. Pretty clear when you see the lines drawn. So there’s your first shoulder, there’s the head, second shoulder. And then what you do is you draw your distance from the head to the neck line, and that would be the final target. And so we had a break of this trendline. A retest even through it broke through the retest. And then there was a nice clean Fibonacci trade. The Fibonacci trade lined up with a continuation to the downside. The high to the low, retracement 50% for continuation. And we started drawing this potential target of 1566 back at 3:30, and the materialization occurred right about 4:00. So about a half hour before it actually hit our profit target.
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit Trader Shark.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.
Tuesday Webinar – Intro Shark Den – June 25th
Good Evening Traders,
As promised, below is a link to register for a live introductory webinar for the Shark Den.
This Webinar will help familiarize you with what you will see in your free trial in the Shark Den and help answer many of your questions.
Join us at 4:15pm EST (16:15 EST), June 25th, for this event on trading the S&P and Euro Futures markets. This event is mandatory prior to receiving access to the Shark Den Free Trial.
Please feel free to email me with any questions prior to the event.
To Successful Trading,
Brian Rehler
TraderShark
Learn to Day-Trade S&P Futures
Without Getting Eaten by the
Sharks on Wall Street!
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.
Shark Den Introductory Webinar
Good Evening Traders,
As promised, below is a link to register for a live introductory webinar for the Shark Den.
This webinar will help familiarize you with what you will see in your free trial in the Shark Den and help answer many of your questions.
Join us at 4:15pm EST (16:15 EST) on Tuesday, June 25th, for this event on trading the S&P and Euro Futures markets. This event is mandatory prior to receiving access to the Shark Den Free Trial.
https://tradershark.omnovia.com/register/74391372034219
Please feel free to email me with any questions prior to the event.
To Successful Trading,
Brian Rehler
TraderShark
Learn to Day-Trade S&P Futures
Without Getting Eaten by the
Sharks on Wall Street!
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.