Follow Us

Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures, the Euro and the crude futures. Today is Wednesday, February 19th, 2014.

The market opened up this morning here at 1832.50, represented by this white dotted line. We had a couple news reports out at 8:30 this morning. Housing stats was below consensus range, which generally would have a heavy selloff. The market continued to grind higher, so I was not looking to push any positions higher. We did have a nice little momentum move higher. Did not get into any trades. And generally if the market moves higher we tend to look for a selloff into the afternoon to meet the news report.

So with that, kind of had a negative bias. We stayed above the moving averages. Remember trade what you see, not what you believe. And the market just would not stop. Regardless of all the negative news we’ve seen this week and last week, the market continues to move higher. So the only good trade that we saw here is right there at about 10:22 or so, an opportunity to get target 1 and target 2. We have what are called trendline wave trades and extended wave trades. And then we had an opportunity to go short. I do not take huge profits on short and countertrend trades. I’m not a big proponent of trying to call a top or calling a bottom. So what we did is we had a little break below our moving average, nice pullback, continue. You know, quick $75 on 2 contracts, not a big deal.

And then we went into what’s called the lunchtime trading zone. No further trades at that point. We had a nice little selloff going into the lunchtime zone. Tested opening price, a lot of traders believe to buy off of the opening price or fade it. Coming out of the lunchtime trading zone, had an opportunity to get in long again it was right there after 2:00 and in this case I got my first target off, got stopped out for minus 3 ticks on that second contract.

Price came back down, retested opening price again. Again mostly chop. I mean, you can see this from a distance in hindsight. And there was one final opportunity to get in, doesn’t seem like much. I was going for 2 and 8 ticks on this particular trade, and then my market internal told me to get out, only to see the market continue in the direction of the selloff. Got a total of 4 ticks on that, so it was a slow day. It was a profitable day and that’s it for the day.

I want to remind everybody we had a couple challenging days especially happen during our trial period. Please feel free to check it out. If you have any questions email me and I’ll talk to you all bright and early in the morning. Thank you.

Link to Video and Transcription

Days Like These – Trading Video – Feb 18, 2014

Posted on February 18, 2014September 27, 2014 by admin

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 S&P emini futures, the Euro and the crude futures. Today is Tuesday, February 18th, 2014.

The market opened up this morning here at 1837 represented by this white dotted line. We also had an opening range in through here, but a picture’s worth a thousand words. We actually see a higher timeframe chart here. A break out of our opening range after the news report, right? Housing market’s index came out and it was below consensus range, worse than expected. And with that I was expecting a continuation lower.

Came out of the opening range, had a nice little pullback on a lower timeframe chart to get in. Got stopped out for a total of minus 8 ticks. Price action worked its way back into the opening range. Consolidated around the opening price. I was telling traders that I was looking for a long opportunity above 1841. I was looking for a shorting opportunity down below 1833. And price action just continued to chop in between these Shark banks and opening price, not giving us any further trades. You can see kind of a mini megaphone pattern, that is higher highs and lower lows. And that was it for the day.

Here’s the irony. The irony is we were looking for a price pullback deeper. In other words, if news comes out and the market pushes higher, price action tends to materialize towards the news report in the afternoon. It didn’t actually occur until after market close.

Let’s go ahead and check out the Euro. This is the Euro futures. We tend to watch them from 8:30 in the morning until about 11:30 in the morning Eastern Standard Time. The European market closes down at about 11:30 Eastern Standard Time. It opens up at about 3 AM. Obviously we don’t watch it at 3 AM, we would not be able to get any sleep.

There was really no opportunities to get into any trades. We were letting the market kind of materialize. The first opportunity we really had to get into the Euro was after the news report in the U.S. market. An opportunity right here at about 10:04 or so, an opportunity to get long, target 1 and target 2 are hit. If you didn’t get that one, another opportunity arose down here with our momentum indicator for a continuation higher, T1 and T2.

And then as we go into 11:30 I did get into a trade. I did not realize the time, that was totally my mistake. So I flattened out of my position and I did get 2 ticks on it because I got in 1 tick better than the entry price. But aside from that I immediately flattened myself out because the European market had closed down and I did not want to be messing around with a lower volume timeframe.

As a reminder we still have the free trial going on this week in the S&P emini futures for today and tomorrow. The crude futures is for Thursday and Friday. Go to the home page of TraderShark.com. Click on Home. There’s the Webinar Specials. You actually have an opportunity to view a webinar previously recorded right here, right there. And then if you scroll down, go ahead and see the opportunity to log in for the free trial again for tomorrow. And also for Thursday and Friday for crude.

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. See you tomorrow morning.

Link to Video and Transcription

Valentine’s Day – Trading Video – Feb 14, 2014

Posted on February 14, 2014September 27, 2014 by admin

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 futures, the Euro and crude. Today is Friday, February 14th, 2014. Happy Valentine’s Day to everyone.

I want to let you know the market opened up here this morning at 1823.25. And we have what’s called an opening range. Price action pretty much went sideways. Once we got out of this opening range we had a nice little pullback for a continuation higher. A nice quick 12 ticks with 2 contracts or more if you had 3 contracts and you held on long enough. I want you to notice the pullback did not go deep enough to stop you out. You would have worked your way up for the full T3.

A second, now this is more of a challenge, we talk about aggressive versus conservative trades. This is a longer timeframe chart. This target 1 and target 2 were hit relatively easily. T3 was way up here, and again, if you’re willing to hold on that long, this was a grind on lower volume and just pushed right up. I did not. I got out right there at 34.25. Depending on how many contracts you traded, this is more of an aggressive trader’s trade. This would not be a conservative trader’s trade. This would certainly be a conservative trader’s trade. We talk about that in the Shark Den. I also want you to see from a momentum perspective, momentum was in our favor also.

Why was this not a conservative trader’s trade? I want you to see this little pullback here. See that little pull back? It broke a previous significant level and with that, that would have been looking for a potential opportunity for a continuation lower. The aggressive traders have a little bit deeper bank account, they could have weathered a stop. You always got to be thinking about how much you could potentially lose. And if they did, that was a successful trade.

Okay, let’s go and look at a lower timeframe cart. From 9:30 to 9:45 we generally don’t trade. In this particular case the market took off. We had consumer sentiment report at 9:55, and that was within consensus range so it was really a non-market moving event. But with the lower volume, the continued grind higher, there was really no opportunities to trade in through here. This happened a little bit faster than expected, directly after that news report.

And then there was an opportunity here, a nice little pullback. This was really the only conservative trade I saw. First target hit, and then if you’re trying to go for a full 2 point target, there’s a Shark band right here. So you could have either taken plus 2 or plus 4, total of 6 ticks, which is not very much. Or if you held on for the full 8 you would have taken a reduced risk stop out all the way over here.

Did have an opportunity to get short. Notice we broke below the moving averages. Pullback, continuation lower. The first target was hit and then forced it out based on internals. Took a plus zero on that trade.

We have a lunchtime zone from 11:30 until 1:15 Eastern Standard Time. Again, you’ll notice I colored this yellow, I did not take this trade. There was really two strong Shark bands here at 33 to 34. I think the next one was 35 to 36. I don’t remember specifically. And if you held on to this, and we had some traders in there, I know there’s some a little bit more aggressive traders that would have held on longer. If you took it from a conservative perspective, I want you to notice momentum is in your favor. Could of gotten anywhere from 10 to 32 ticks. I did not get this trade. Hindsight’s always 20/20, right?

Let’s go ahead and continue on. And then going into the close, there’s two really nice clean setups here. Again, I don’t take much profit on countertrend trades. In this case it was two nice setups. You can see the momentum is in your favor to the downside, 6 ticks and 6 ticks. If you took only one of those trades or both of those trades. Either one of them was successful.

We have a free trial coming up this coming week in the S&P emini room we’re going to be trading on Tuesday and Wednesday. Make sure you sign up. You can go to TraderShark.com. The crude room is going to be for Thursday and Friday. Go to the home page. Click on Webinar Specials. You can actually see a webinar. I was going to present it on Monday which is President’s Day. You can register for the free trial, both crude and the Euro and take advantage of any special offers we have, and the offers will be available until midnight on Friday night. Thank you. I’ll see you on Monday morning.

Link to Video and Transcription

Shark Den Free Trial – Feb 18-21st

Posted on February 14, 2014September 28, 2014 by admin

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 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

Posted on February 13, 2014September 27, 2014 by admin

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 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

Posted on February 11, 2014September 28, 2014 by admin

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 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

Posted on February 7, 2014September 27, 2014 by admin

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 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

Posted on February 6, 2014September 28, 2014 by admin

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 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

Posted on February 5, 2014September 30, 2014 by admin

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 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

Posted on February 4, 2014September 30, 2014 by admin

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