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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

Hook Patterns and Free Trial – Trading Video – June 29, 2015


 
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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.

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

Daily Trading Video

TraderShark Trading Manuals

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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.

Flat Trading Day – April 24, 2015

Daily Trading Video

TraderShark Trading Manuals

Join the Shark Den

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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 Friday, April 24th, 2015.
 
I know some of you may be getting this broadcast on Saturday, the 25th. I am back. I have returned from being overseas and trying to get back into the swing of things. I want to get these videos out about three times a week, so standby for those. I know a lot of you have been asking.
 
Also, we have a free Shark Den trial coming up next month. I did not have one for the month of April. I will be presenting with the Festival of Traders on May 13th, so I’ll go ahead and get those email links out to everybody here shortly.
 
To sum up Friday, I can certainly tell you that there was little or no trades that went on. A picture is worth a thousand words. When you’re sitting here looking at these two different opening range bands if it doesn’t break out of that, we had no opportunities.
 
I did try for a long opportunity very quickly here in the opening 15 minute range and I got stopped out for minus 4 ticks. I then had another opportunity here to short at about 10:00; made 4 ticks. That was it.
 
I had three trades. That’s it for the day, so when I say a picture is worth a thousand words; you can see price action kind of stayed between that the whole day. There were minimal news reports. The durable goods came out much better than expected, the orders for durable goods.
 
There is still no resolve on the Greece crisis as to whether they’re going to remain in the Euro zone or not. As a result, whether they do or whether they don’t, it’s going to be bad for Europe. You want to be cautious as we are testing the highs here in the U.S. market. There just doesn’t seem to be a whole lot of volume behind these moves.
 
I wish you all the best. Have a great weekend and I’ll see you in the Shark Den on Monday morning. 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.
 
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.

Late Morning Trades – Handley – Trading Video – Mar 5, 2015


 
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. Today is Wednesday, March 25th, 2015.
 
The market opened up this morning here at 2086.25 represented by this white dotted line. I tried for a pro-range reversal this morning and I got tagged for minus 4 ticks. I had another opportunity for a pullback for a continuation and I did not get filled.
 
I generally don’t trade in this opening range from 9:30 until 9:45, but there are a couple specific setups that I will take. As the market moved on, I had an opportunity to get my first target off; got stopped out for minus 2 ticks. And then as we worked our way into the morning back above yesterday’s low, got a nice little trade for 8 ticks. And then we had a little retracement pulling back. You can’t see the Shark bands or the opening range in this particular screen.
 
Had another opportunity to get in. The yellow arrow means I did not take this trade. Another opportunity, got a total of 7 ticks. And then if anybody out there took the third trade, a loss of minus 2 ticks. Another opportunity to get in long. Got the first target off. Got stopped out for minus 3 ticks. And then we started to see a little more volatility kick in. Target 1, target 2 hit for a total of 8 ticks.
 
Here’s where we had a hook pattern on our higher timeframe chart. Target 2 ticks, 4 ticks and 14 ticks to the downside. I’m not a big trader during the lunchtime trading zone and that’s from 11:30 until 1:15 Eastern Standard Time. I generally don’t trade during this timeframe. You can kind of see the sideways chop once it made its initial move.
 
Coming out of the lunchtime trading zone, there was really no major news report. We had the petroleum status report come out, relatively no change there. We had an opportunity to get in long. Anybody taking the trades and watching our time charts, an opportunity for a total of 6 ticks on a nice retracement for a continuation on into the close.
 
If you trade into the later part of the afternoons, I want you to see the many sell opportunities that came in. You can see these little red arrows, selling opportunities to jump on the trend into the final no-trade zone of the day.
 
I’d like to remind everybody that I will be out of the area until April 11th. I know that there’s another webinar coming up. Dr. Dean Handley is going to be presenting on April 1st, hosted by WINvesting at MarketFest at 1:45 Eastern Standard Time, a review of the 763 Futures Trading Rooms. Again, Dr. Dean Handley is going to be presenting there. And here’s the link. You’ll have an opportunity to see what the criteria is to become a trade titan.
 
So as I was saying, for those of you that watch the webinar , I will not be able to respond to your emails until I get back on April 12th. Art, the Seattle Shark, will be covering me in the Shark Den. Enjoy. He’s an awesome trader and very consistent.
 
If you’d like to learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manuals, please visit us at TraderShark.com. Thank you. Have a great evening everybody.
 
Link to Video and Transcription
 
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.