Come join us for the free webinar about 5 key elements prior to entering a trade.

 
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 May 21st, 2013.
 
I’m excited to announce a webinar going on tomorrow at 4:30 PM Eastern Standard Time. And how you would sign up on that is you simply go to the website www.TraderShark.com. Go to the homepage and you will see 5 Keys to a Webinar. Click on that link and what you’ll see is Trader Kingdom is sponsoring Trader Shark. And I’m going to be talking about the 5 key elements necessary to look at prior to taking a trade. It’s Wednesday, May 22nd. You can register at any time. And if you’d like to get a couple days in the Shark Den at no cost, scroll all the way down to the bottom and just click on there where it says free trial.
 
I look forward to seeing you there and we’ll get back to the regular videos. Have a great evening and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 

Join us for this exciting
LIVE online event

presents

TraderShark

5 Key Elements Before Entering a Trade

Wednesday – May 22, 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 Rehler 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:

Five key elements used prior to entering a trade
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!

Daily Trading Video

TraderShark Trading Manual

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

Info@TraderShark.com
 
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, March 12th, 2013.
 
The market opened up this morning at 1549.25 represented by this white dotted line. We generally don’t trade from 9:30 to 9:45. Some people don’t even trade until 10:00. We had a very narrow Globex range and a narrow opening range. That being said we had an opportunity to get long. Looked like we were going to establish a hook pattern here. Did not get filled. Unfortunately, we did not get filled because then the market reversed. Pulled back through the moving average. Nice retracement. Had an opportunity to get long on a trendline wave trade short. Depending on whether you traded two contracts or three contracts, had an opportunity to get 7 to 16 ticks.
 
Once that downtrend established itself had a nice little pullback. Auto wave fired off short for a total of 10 ticks. Took a little bit of heat here. And then we had a trendline wave trade short kick in here. Going into a no trade zone here at 11:30. From 11:30 to 1:15 Eastern Standard Time there’s a no trade zone.
 
Coming out of 1:15 an opportunity to get long, didn’t even get off out first target, got stopped out for minus 8 ticks. And then when you get stopped out in one direction you turn right around and be prepared to reverse. Nice opportunity to either take on a Fibonacci trade or a wave trade short for a total of 7 ticks. And then another pullback. Once you get extended and having a narrow Globex range this was definitely a mistake to try and get short any further. Got first target was touched. Stopped out at either breakeven or minus 2 and then there was another opportunity to get short. Easily got the first target off and then got stopped out for minus 2 ticks on that trade.
 
Going into the close, I generally don’t trade from 2:30 to 3:30. There was a nice opportunity on an auto wave long. Target 1 and target 2 hit for a total of 10 ticks. And then going into the close, thought this thing was going to push up even higher. Got the first contract off with 2 ticks and second contract breakeven. And that was it, we stopped trading at the day at 3:50 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. 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.

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.

Daily Trading Video

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

Info@TraderShark.com
 
So what we have here is we have a pullback. Notice the 1327.75. 1327.75 is today’s open as well as yesterday’s low. Price action had dropped all the way down to 1320. And watch over the no trade zone as price action worked its way up from 1320 all the way up to the 1327.75. I had talked to everybody, when price action worked its way up to 1327 and now it’s continued to work its way sideways. We waited for a nice pullback. Moving average cross. Right, the low, the cross, the high. Pullback 50%.
 
Looking for targets of 1329.75 and 1331.75. If you did just the basic Fibonacci retracement setup, you’re looking for 1329 even. And up here we’d be looking around 1330 would be the T3. Ready for the launch. The entry on this particular setup would be 1337.75. So you got a lot of things setting up. Want to make sure our CCI is in line. I’m looking at the anchor charts. Both anchor charts are in long setup positions. The trigger chart has triggered, right here, 1327.75. So if we’re on that, I don’t have the trade platform in front of everybody, but I am watching for a target 1 is 1329.75. Target 2 is 1331.75.
 
Wave triggered. The Fibonacci retracement set up nicely for an entry at 1327.75. Most would not be going long into yesterday’s low and today’s open. Perfect opportunity for a Shark Attack trade. T1 is already hit and filled. T2 1331.75. Sometimes the Shark Attack trade can happen instantaneously, very fast, or sometimes it can take a couple hours for it actually to materialize and set up. In this particular case it took from, so what was the first approach, from about 12 noon until now, so a little over an hour and 10 minutes.
 
Okay, so now we’re hitting T2 and T3 on the Fibonacci setup. And in the meantime the Fibonacci trade is over. Looking for a 1331.75. Two ticks short of T2 and we’re at 1331.75. Going to go ahead and move the Fibonacci levels at this point.
 
At what point will we be considering a potential exit is we are watching the CCI. Potential cross to the downside. We’re also watching the holding indicator. Everything is bullish. ADX is confirming. Advanced decline is looking good. Bank index is off to the races.
 
1331.75, 1 tick away. Tap, tap. Tap the bottom of the monitor. Anywhere to 1331.75. Tap, tap, tap. Tap the monitor. Tap the bottom of the monitor. Those of you that have a Mac computer please be careful with your white gloves. Tap 1 more tick. Come on. Once T2 gets touched, one. I don’t know how many hit there. It hit a little bit 1331.75. T2 has hit. T2 filled. Thank you for watching.
 
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.