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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, June 5th, 2013.

The market opened up this morning at 1625.25 represented by this white dotted line. We generally don’t trade this opening range from 9:30 to 9:45. However we had a pro-range reversal here and got a quick contract off for a total of 4 ticks. And as we worked our way in through the 9:45 timeframe, we had some news reports come out. Most of them remain within consensus range. And yet the ADP employment situation was worse than expected. So I was expecting a selloff in the afternoon. Did not know what we were going to expect in the first part of the morning.

We did have a nice trade that got off here at about 10:13 to the downside for a total of 10 ticks. And then a nice little pullback. Got our first target off and got stopped out on our second contract for minus 2 ticks. We then had what’s called a Shark Attack trade that occurred right here at about 10:30 or so. First contract got off at plus 8 ticks and then I got a stop out for minus 11 ticks, and in that particular case I took a loss of 3 ticks. Wasn’t a bad loss considering what out potential was for the target areas. Now if you took this trade as just a standard wave trade, you would have got both first and second target, and then fine. I held on a little longer than expected and I got stopped out for minus 3 ticks.

We then started to see a lot of sideways chop. A lot of volatility was kicking in. And at this time our market internals started to go flat. Still went off on our first target. Got our first target off and got stopped out for minus 2 ticks on this one. So it just seemed like one of those days we were getting a lot of reduced risk stop outs.

And then later on in the morning right here at about 11:00, one that I missed. I can’t remember why I missed it, but I got it colored in yellow. It actually materialized for a good trade. So one of those days that I picked all the bad trades, but missed the good trades. And it happens. And so then getting ready to go into our lunchtime no trade zone to the downside, and yet this particular trade, even though it was a countertrend trade, was good for 2 ticks and 4 ticks to the long side. And that’s, you’ve got to wait for all indicators to line up.

Going into the no trade zone from 11:30 to 1:15 Eastern Standard Time. There’s a period of higher volatility. In this particular case we actually had higher volume. We don’t trade during that time frame. Coming out of the no trade zone, I had gotten back to my desk a little bit late here. Trades had fired off. An auto wave went off long, and ended up profitable, hitting both targets. And then an actual wave trade went off, hitting both targets. But I missed those trades so I colored them in yellow.

I’m using this for an example. And then going on into the afternoon, we stayed above our moving averages. Worked our way through the moving average to the downside. An opportunity to get short. In the room I had said where the entry was. We would have gotten our first target off and got stopped out for 2 ticks. I got a late fill and as a result got run over. I took a total of 16 tick loss on that.

Going into the afternoon again, I don’t generally trade from 2:30 to 3:30. It’s a period of a lot of sideways motion. And in this event another nice trade setup to the downside. I did not get filled on that one. Going into the close, another trade to the downside, setup. First and second target were hit. I did not take the trade, it’s in yellow. This is for Shark Den members to see where they may have materialized on their trades for the day. And that was it for the rest of the day. A lot of our market internals were going flat, telling us not to get into any trades. So I avoided any further challenges into the afternoon. So for the day we had a total of five trades. We ended up the day minus 9 ticks.

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.

Hook Patterns Rule – June 4, 2013

Posted on June 4, 2013October 15, 2014 by admin

Daily Trading Video

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 Tuesday, June 4th, 2013.

The market opened up this morning here at 1638.75. You can’t see the white dotted line at this point. We did have an opening range. We tried a quick pro-range reversal right here about 9:36, and I got stopped out for minus 4 ticks. It was only 1 contract. And then going into the, we have what’s called a no trade zone here from 9:30 to 9:45. Outside of that 9:45 we had an opportunity to get long. Started to work our way in our favor, and I got my first target off and then I stopped myself out at minus 3 ticks. Took a loss of 1 tick on that trade.

Then as we worked our way into the reversal zone from 9:10 until 10:10. At the end of 10:10 we really didn’t see a reversal occurring. Likelihood was for price action to continue higher. Got in, got the first target off. Got stopped out for minus 2 ticks. It was quite apparent at that point it was a type of head fake.

Working our way back down to the lower edge of our opening range. We find a nice setup, hook pattern setup. Retracement when you go countertrend. Right, countertrend was a total of 6 ticks, total of 6 ticks in this trade. Followed up by a second hook pattern and then a third hook pattern setup and materialized total of 14 ticks. We knew we were committed to the downside at this point after the no trade zone. Notice these little blue ellipses that I drew. I drew it there before price action made it there. Saying this is the potential target of this hook pattern. Potential target of this hook pattern. And our Shark band stalled price enough to let us get into another trade to the downside of 6 ticks.

Once we found our base, I was telling everybody in the Shark Den this morning, once we hit our second Shark band, approach the third Shark band. Here’s where we tried to push higher. First trade was 6 ticks. Second was a total of 12 ticks, all the way up into our, we do have a Shark line that I’m not showing here right now. And that was the final target for the day before we sold off into the close. For a total of 10 trades and 55 ticks.

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. I’ll see you in the Shark Den in the morning.

Link to Video and Transcription

Overtrading Not All Bad – June 3, 2013

Posted on June 3, 2013October 19, 2014 by admin

Daily Trading Video

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 June 3rd, 2013.

We have a pre-market area from 8:30 to 9:30. We generally don’t trade that timeframe unless a specific trade sets up, and it did in this case. I took an opportunity to get short. Got my first target off. Got stopped out for minus 2 ticks. Set up again. Got my first target off and then I flattened my position. I just wasn’t comfortable with the trade.

And then at 9:30 our market opened up at 1633 represented by the white dotted line. We had a quick pro-range reversal. This is colored in yellow, so I did not take this trade. Market continued. We don’t trade from 9:30 until 9:45, just a period of higher volatility. Price action dropped down to the weekly low, represented here at 1626.25. Nice little bounce. We were expecting a break. Did break it. Didn’t follow through.

Nice pullback. We had a news report at 10:00, and it was a little bit early for us to get into this, but I did try to get in short. And then I saw that we were going to get run over. I quickly pulled my stop and I got out at minus 8 ticks on this particular trade.

Got a nice pullback. Once we committed to the upside, had a nice pullback for an entry long. Got a total of 15 ticks on this run. We had an auto wave fire off long. I did not take this trade. At the top of the trade, I don’t want to be pulling back and going for an auto wave. I want to wait for an even deeper pullback. There may have been a couple traders got caught in on this. If they did, they would have lost 16 ticks on this particular trade. Of course I waited a little longer to get my 16 ticks up.

Had another auto wave fire off here. Full stop out. I took minus 8 ticks on 2 contracts. The continuation through the moving average to the downside. No pullbacks whatsoever. Did not get a chance to get in on this. Finally got a nice pullback here. This yellow arrow was our first auto wave that fired off to the downside. I did not take that. I had a nice wave trade. There was an auto wave and a wave. The wave trade right here caught in and I did get a chance to get 10 ticks out of this. First contract got off, second contract got off.

And then we found ourselves below the weekly low. Little bit of a sideways movement. Broke back above the weekly low. Just we had some sideways motion. Best bet to sit on the sidelines. Our directional indicator was, worked our way back above. Nice setup up. Anchor chart setup. Trigger chart fired off. Target 1 and target 2 hit for a total of 10 ticks. We then had another pullback for minus 2 ticks.

As we go into our no trade zone from 11:30 until 1:15 Eastern Standard Time. This may not look like sideways chop, but the volatility would have been very challenging to try and trade it in through here. That’s why we don’t trade from 11:30 until 1:15 Eastern Standard Time.

Coming out of the no trade zone continue with more sideways chop. Look how it just kind of hovered around the weekly low. Then it was a nice pullback to our moving average. Target 1 and target 2 hit for a total of 8 ticks. Not much going on. Again, sideways motion at the open. So the sideways motion nothing really was committing. Plus, I don’t like to trade from 2:30 until 3:30 in the afternoon. If I can help it I try not to. I like to wait until we get into like the 3:30 timeframe.

And then the old adage, slow and quiet equals bullish. We had a nice opportunity to get off on our first contract. Target 1 and target 2 hit for a total of 15 ticks. And then a nice pull back. Auto wave fired off. Continuation. I was calling off these targets as the price action was working its way up into the close, 1535.50, 1536.50, 1537.50, final target. And we close out the rest of the day for a total of 11 trades and 48 ticks.

After going over the video I saw that the chart had been moved off of the top of the screen, so I put in this last screenshot here so you can see, I was actually telling everybody where price action was working its way towards at 1635.50, 1636.50 and 1637.50.

Link to Video and Transcription

AutoWave and FryDay – May 31, 2013

Posted on May 31, 2013October 19, 2014 by admin

Daily Trading Video

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, May 31st, 2013.

The market opened up here at 1648.25 represented by the white dotted line. We generally don’t trade the first 15 minutes of the day from 9:30 to 9:45. Though we do have two exceptions, right? There’s exceptions to every rule. We have what’s called a pro-range reversal that occurred right here. An opportunity to get long. It’s only good for about 4 ticks. I don’t generally ride it up into the opening price and generally I don’t trade within 1 point of opening price.

Coming out of the no trade zone we had an opportunity to get long, however we had news reports at 9:45, news reports at 9:55, consumer confidence, and I chose not to take these trades. But there was a nice clean setup; good from anywhere between 4 to 6 ticks. Here’s another opportunity to get short, another 4 to 6 ticks. I did not take those trades.

Going on into the morning, we’re just kind of watching. The news reports were positive to neutral and with that, what do we see happening quite often? We see a selloff into the market. So with the selloff into the market, I was expecting a bounce into the afternoon. I tend not to trade within 1 point of opening price.

I want you to see we had another setup long here. Another setup long here. I chose not to take these trades. So I am being discretionary, cautious. This is a Friday afternoon. Last day of the month. And so I want you to notice all these yellow arrows, the market was setting up and giving us these triggers, and I chose not to take them. If you want to scalp them out for 2 or 4 ticks, you know, more power to you. I chose not to take those trades.

We then had a nice little break out trade here at what, about 11:00. Now, I’m traditionally a pullback trader, but for a breakout trade we do have breakout trade setup, fit perfectly right? Both your anchor charts and your trader charts fired off as well as having support from your directional indicator. Getting up in here towards the highs of the day we had another opportunity to fire off with the pullback, but again first target was off, got stopped out for minus 2 ticks on this particular trade.

And with the reversal we had an opportunity to get short right before we got into the no trade zone, so the idea of not trading or initiating any new trades in the no trade zone still stands. However, if you get into a trade just before, you can hold onto your trade as long as you get your first target off, target 1, target 2 are hit for a total of 10 ticks on that trade. However, this no trade zone runs from 11:30 until 1:15 Eastern Standard Time.

Coming out of the no trade zone had a couple opportunities to get short. And then the continuation just kept firing off. I think we had what, the prior days low was around 46, 1646.75. So we were expecting a little bit of a bounce, did not occur. Didn’t get into any long positions. And I want you to notice all of our internal indicators, everything was showing us, continue to stay to the short side. If you missed a couple of them they continue to push lower. Each one of these pauses was an area where they’re trying to suck in buyers. Nobody was buying. The market just kept going lower.

So we were able to take a couple of advantages here to the downside. Finding support at our Shark band, our next Shark band was down here at 37 – 38. This is our first Shark band was 40 to 41 I believe. And as we moved our way to the right hand side, you know this is almost a head fake, did not have enough steam to push higher. This is where all those afternoon buyers were looking to bring that news report to fruition and push up higher, it did not. As a result a lot of those people got hammered and stopped out. Then we found our support level here at this Shark band for a continuation. We had a minor bounce only to see a final trade, I did not take this one, going into the no trade zone. So really we had internal market conflicts. All in all it was a pretty good week.

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 weekend and I’ll see you on Monday morning.

Link to Video and Transcription

Shark Den Price Going Up

Posted on May 26, 2013 by admin

Happy Memorial Day Weekend Traders!

Thank you all for such a positive response from the 5-Key Elements Webinar on May 22nd sponsored by TraderKingdom.

Join our 2-Day Free Trial in the Shark Den Tues & Wed, May 28-29.

1. The 2 for 1 month Shark Den Offer is extended until May 29th.

2. Join us now to secure the $99/month rate. Shark Den rates will be going up to $129/month effective June 1st, 2013. Current Shark Den Members will not be affected by this change. Current subscribers remain the same as long as they are subscribed.

3. “All 3 Trading Manuals” Offer has been extended until May 29th.

4. To save you time setting up your indicators, our programmers created identical setups for both TradeStation and NinjaTrader.

I’ll see you all in the Shark Den on Tuesday.
To Successfull Trading,
Brian Rehler
TraderShark

5 Key Elements Webinar – May 22, 2013

Posted on May 21, 2013October 19, 2014 by admin

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

Live Webinar – Wednesday

Posted on May 20, 2013 by admin

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!

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.

5 Key Elements Prior to a Trade – Webinar

Posted on May 17, 2013 by admin

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!

No News Day – Trading Video – May 7, 2013

Posted on May 7, 2013October 19, 2014 by admin

Today’s Trading Video

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, May 7th, 2013.

The market opened up this morning here at 1616.50 represented by this white dotted line. We generally don’t trade from 9:30 to 9:45. It’s just a period of higher volatility. There are a couple of exceptions to that timeframe. In this particular case we have what’s called a pro-range reversal. Right here. We shorted it real quick for 4 ticks. It’s only a 4 tick trade. It’s basically a one to one risk reward ratio in that particular case.

Working our way up to the first reversal zone. We had a reversal zone, but we stayed close to opening price. We generally don’t trade within 1 point of opening price. Had a nice little pullback. Continued. Nice opportunity to enter. You notice our trigger chart was firing off short. Got our first target off easy, and the second target we were short just by 1 tick and then it re-bounced up against us. Lost 5 ticks on that particular trade.

Continuing on price action worked its way back above our moving average into the opening price. Again, notice the sideways chop. We don’t really want to be playing with that. Ran right into the no trade zone at that point. From 11:30 until 1:15 Eastern Standard Time, again we’re operating on lower volume today. No news reports.

And the no trade zones are our black and white guideline as to when we do and when we don’t trade. However, when you have a trade setup, I mean this is such a clean setup here long. The anchor charts were in our favor. Momentum is in our favor. The sentiment is in our favor. And also the clock was in our favor. Had to get in right here at about 1:09. So about 6 minutes from the end of the no trade zone. I only took 8 ticks on that, but it really ran up to the full profit potential of 10 ticks. And then the whole timeframe of this sideways movement here we were watching for a 1621.50, it hit it right to the tick. It came across our 2:00 timeframe where we don’t want to be holding any long positions. And another opportunity for a pullback trade for a total of 8 ticks to the downside.

Now this pullback was only barely 2 points. If the market was to run higher into the close, we would have expected at least a 5 point pullback down to this little rectangular area. Since we only had a 2 point pullback, I did not expect much further run to the upside, I expected sideways chop into the close, and that’s exactly what we got. So again, remember, after that 2:00 timeframe like to see at least a pullback in order for the market to rise into the close. If you don’t get that pullback then you will tend to see either a sideways chop or a reversal.

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 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.

Tidal Wave Trade – Trading Video – May 3, 2013

Posted on May 3, 2013October 19, 2014 by admin

Today’s Trading Video