TraderShark Trading Manual

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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

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 Thursday, March 14th, 2013.
 
The market opened up here at 1552.50. From yesterday we had a swing low to the high 50% pullback, right here around 1551.75. So we have what are called aggressive trades and what are called conservative trades. I did watch a webinar the other day and they said there is no such thing as a conservative trade and I tend to agree with them. But we do have to have trades that are setup for people that have a little bit smaller trading account, maybe new traders versus aggressive traders.
 
In this particular case, I call this as an aggressive trade at 1551.75 for a long opportunity. It bounced at 1551.75 for a little bit, and I pulled it in for 1 tick and entered at 1552. Target got this swing high at 1555.75 for a total of 15 ticks just with 1 contract. If you held on a little longer, you could have easily made anywhere from 20 to 22 ticks just in that one specific trade. Again, it’s more of a longer term trader’s trade.
 
So on a lower timeframe chart, here you’re going to see the opening price with this white dotted line, 1552.5. We don’t trade from 9:30 to 9:45. Coming out of there we had a range that just price action stayed within that range all day. We had a total range of 5.5 points. No trades this morning. We have quadruple witching going on tomorrow. Try to say that three times real fast. And right here we did have an opportunity to get long just before going into the no trade zone, which is a follow through, a little bit more conservative trade, for a total of 10 ticks.
 
We then go into a no trade zone. As long as you get your first target off, in this particular case if you did not get your first target off and you flattened out, you would take a loss of 2 ticks times 2 contracts we would have had a total of 4 ticks for a loss. If you held on into the no trade zone, you don’t want to enter any new trades here in the no trade zone, but if you already had one entered before, not a problem holding on to it from 11:30 to 1:15 Eastern Standard Time.
 
Coming out of 1:15 there still was no trades. We were stuck in the middle of this opening range. We then had one final trade going into the close, at about what time here, 3:30 for our work up into the close for a total of 8 ticks.
 
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
 

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 Wednesday, March 13th, 2013.
 
The market opened up this morning at 1547.75 represented by this white dotted line. We generally don’t trade the first 15 minutes of the day. Coming out of the no trade zone we did have an opening range that we generally will not trade in, but in this particular case it appeared to be a nice setup. Tried to get in short, got stopped out for minus 6 ticks.
 
Another opportunity to get short. You see our auto wave kicked in here, but this is awfully fast. This is not a really clean auto wave. This is more of a choppy setup, so I did not take this trade. Shortly thereafter a nice one setup, an auto wave short. Got stopped out for minus 8 ticks and then once you get stopped out in one direction, quickly be prepared to setup in the opposite direction. Nice setup here long. Look at the auto wave short. Auto wave long. Fired off. Target 1 and Target 2 would have gotten hit. Target 2 would have gotten hit over here. I did not take this trade, notice it’s colored in yellow.
 
As the market continued higher we found overhead resistance. Notice this white yellow line. This was yesterday’s low. We were expecting this to drop below that, but all in all the market still remained in bullish territory. Found resistance at opening price. Pulled back a little bit before going into the no trade zone from 11:30 until 1:15 Eastern Standard Time.
 
Coming out of the no trade zone, from 1:30 to 2:00 the market tends to rise. Got in a little bit of a 9 tick trade there. And then right here at around 2:00 we generally don’t want to be in any long positions. Watch for a setup. You don’t just automatically short at 2:00, you just kind of wait for a potential long setup. Nice setup here. First target, second target hit. Another if you didn’t get in on that first one, another opportunity right here, auto wave kicked in. Target 1 and Target 2 are hit. They’re colored yellow if I didn’t take them. It’s just for review of what happened today in the Shark Den.
 
And then going into the close there was an offer to trade right there at about what, 3:47 Eastern Standard Time to get long. And then realize we’re going to get choppiness. Other market internal indicators were telling us to get out. So just got 2 ticks and 2 ticks. So total of 4 ticks on that last trade.
 
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.

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 Friday March 1st, 2013.
 
The market opened up this morning here at 1506.75. Also represented by the Shark band. We had a range open of about 7.25 points. Notice from 9:30, here’s your opening timeframe. Had a nice little head fake or a pull to the downside. Pro-range reversal. And then with the news from the sequester you just knew everybody was going to be shorting this market. But what hurt the traders most would be a move to the upside.
 
We saw a break above opening range right here. A nice little hook pattern established itself. We had an ultimate target in here of around 1516.50 and 1518.50. So I drew that in there right at about 10:08. And then we also had another potential Shark Attack trade coming up. Please see the previous video, you’ll see the live screen of hitting the profit targets on the Shark Attack trade.
 
And you can also see the inverted head and shoulders here. There’s you first shoulder, right. Let’s go ahead and draw the neckline first. There’s your neckline, first shoulder. There’s your head. There’s your second shoulder. That’s what you do, you take your distance from the head to the neckline and that gives you an ultimate target up here around 1518.50.
 
Now that’s if you’re trailing a stop up. Otherwise the Shark Attack trade we were talking about everybody, potential targets were around 1511.25 and 1513.25. And with that, let’s go ahead and slide this screen. You’ll notice here at around 10:08 we talked about 1511.25, 1513.25 as a Shark Attack alert. And then our final target 1513.25. Now that’s in the Shark Attack trade. Aside from the Shark Attack trade we had the hook pattern completions up here around 1516.50 and 1518.50. If you don’t understand those terms, please feel free to check out the website or pick up a copy of the trading manual. Anything that you can do to help you improve your trading in this market.
 
Also, I want you to notice our momentum indicators were giving us nice clear sell signals. Then they had the retracement once they hit their 1518 level. The selloff, nice clear indication here to the downside. We then also, another opportunity, I didn’t get a chance to label it. Here that is here. We had a nice opportunity right there for continuation to the long side. So from our higher timeframe chart, it’s giving us nice clear signals. And then we’ll go to our trigger chart for completion.
 
Into the afternoon, just a lot of sideways chop. So just a typical Friday afternoon, you don’t want to be trading. Make your money in the mornings. Take a break during the no trade zones. And then have a great weekend.
 
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
 
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.

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
 
Currently in the middle of a Shark Attack trade. I was not able to get the camera on any quicker than this. We had an entry down here at around 1508.5. We had a 4 point trailing stop. We are currently at, first target was hit at 1511.25. Second target we’re looking for is 1513.25. Gap fills at 1512.5. Also 1511.75 was the gap fill for a 4:00 gap fill.
 
We’re going to have a natural pullback. There’s your inverted head and shoulders pattern setup. Nice going right in to a Shark band between 1512 and 1513. I was good with watching the Shark Attack screen. You cannot see the other pattern that we have going on right now, which is an inverted head and shoulders as well as the Shark Attack trade is the break of the 1509.25 level.
 
Here’s your auto wave dot. Good call Ryan, yup. Little bit challenging if you’re trying to buy at the highs of the day, right? If you’re not already in this trade with a little bit of a protective stop on it, it’s a little bit of a challenge. But you do have an auto wave firing off with your ADX positive. Okay. Right, where? At the close at 1511.25. Risking absolutely nothing on this trade right now.
 
You have any other reasons. At what point would you exit this trade early? Well, we’re watching for our wave to be a counter-trend on our wave, right? Tap the bottom of our monitor, tap, tap, tap. We’re in the middle of an auto wave. Your auto wave has kicked off, two auto waves have kicked off to the long side. Where’s your inverted head and shoulders? Up there around 1518. If you’ve got a trailing stop, right now I’m at a 4 point trail stop.
 
Tap, tap, tap. Tap the bottom of the monitor. Push up 1513.25. It’s going to be a lot of short sellers here at 1512.5, which is the actual gap fill from 4:15 yesterday. I’m sorry, yeah, 4:15 yesterday. Got a lot of sellers here at 1512.5. And you’ve got a little more of a bundle up here around 1513.25. And we’re going to go in by 1 tick.
 
Now the one challenge you have here, again, those people watching the Shark Attack monitor, there are followers and a lot of things going on. There’s Fibonacci retracements. There’s extended Fibonacci levels. There’s second chance levels. Don’t get confused by that, just simply, if you’re following just the auto waves, you’re doing fine. If you’re following the trendline wave trade or the extended wave trade you’re doing fine.
 
This second contract, if you got three contracts on this, bring it as a trailing stop right down there around 14 trail stop. If I stop right now, right 1 tick in front, I risk nothing. Remember there’s a lot of, with all this sequester news and potential negative propaganda out there, traders are looking for reasons to short this market. The gap’s a great place for them to try to short it. At what point would the traders get hurt the most, is if this were to burst up through that 1512.50.
 
If you have a third contract trailing stop, bring it in to about 14 ticks. Let it run. Possibly working its way up to 1516. So where are we? 1516.50 to 1518.50. Okay. So 1516.50 to 1518.50 final alternate target if you got a third contract. Okay. I have three different trading platforms.
 
So tap the bottom of the monitor, tap, tap, tap. Speed up the sequence of the video for time purposes. Hope everybody understands why we pulled it in. We’ve got a lot of sellers, there’s a little bit of a sellers bundle right up here at around 1513, 1513.25, 1513.50. Tap the bottom of the monitor. Had everybody help. Mac computer users be careful, you don’t want to hurt your computer. We got it. We’ll take it.
 
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.

Daily Trading Video

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

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 Friday, February 15, 2013.
 
The market opened up this morning here at around 1520.25. Right in the middle of our opening range. This is a higher timeframe chart. These horizontal lines are called Shark bands. What I want you to see is after we get out of this opening range we actually develop a head and shoulders. There’s your first shoulder. There’s your head. There’s your next shoulder. You simply draw a neckline across those. And how’s your target? You bring your target from the head to the neckline and then you simply move it down here to your breakout of the head and shoulders pattern for a potential target of 1514.75.
 
Now it didn’t quite make it down there on the first move, but you do take your profits on your way down. Target 1 and target 2 would have been hit. If you didn’t get your final target you possibly could have gotten stopped out for a continuation down to the next Shark band. Notice we had a green Shark band. This is a buying opportunity. You don’t just buy because this is a Shark band. You wait for a nice clean setup. So what we had is lower lows on price action. Higher lows on momentum for a nice reversal on up into the close.
 
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, which is President’s Day. We’ll be here for about a couple of hours, otherwise I’ll see you bright and early Tuesday morning in the Shark Den.
 
Link to Video and Transcription
 
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.

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.

President’s Day Trading Hours – The Shark Den will be open during normal CME trading hours on Monday, February 18, 2013, 0830-1130 CST

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
 
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, February 12, 2013.
 
The market opened up at 1513.50 represented by this white dotted line. We generally don’t trade that first 15 minutes of the day. It’s just a period of higher volatility, lower volume. Coming out of the no trade zone, there was a nice opportunity to get long right here at about 9:58. It’s colored in yellow because I did not take it. So we went through and we did the trade setup and I did show that it would have been a nice entry, but we were still in our opening range.
 
And with that opening range being said, we really are in a period of sitting on our hands and waiting just primarily because we’re at the highs of the year and, again, we don’t know who has the heavier balance, the buyers or the sellers at this point. So we’re really doing a lot of watching our market internals, and we have one specific indicator that keeps us on the sidelines. And when that thing is below its threshold we don’t do a thing.
 
And this is pretty much the way we were most of the day today. The market stayed around the moving average.
We did have another opportunity to get short. Pretty much talked about this in the room. Didn’t even get filled. It barely made T1 and T2 and then reversed again, so we were seeing nothing but pure chop, you can tell by the sideways motion.
 
Another opportunity to get long here. Again, this is an opportunity I did not take. Notice we have an auto wave kicking in down here at just about 11:00. And then we went into a no trade zone. Well I don’t trade from 11:30 until about 1:15. It’s considered a period of higher volatility and lower volume, but there are trade setups that are occurring. Now we have traders in the room that do trade this timeframe. I just do not for specific reasons. And if nothing else you need to give yourself a break, so you’re not sitting in front of the computer all day. But, this may be an opportunity with us being stuck in this range bound area, at least until any news reports are able to push this market one way or the other.
 
We came out of the no trade zone at about 1:15. And there still really was no opportunity. We broke through the moving average. Nice little pullback here for an opportunity here to get short. I did not take this trade either. I literally had no trades today. And watch this thing go sideways right into the close. Some days you’re going to have where you have zero trades. And today is one of them.
 
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 we’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
 
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, February 8th, 2013.
 
The market opened up this morning here at 1508 represented by the white dotted line. A lot of traders don’t trade this first half hour of the day. And then we knew that the Globex range was narrow. We were going to see a sideways chop for the rest of the day. At least that’s what we thought.
 
We did start to see some double topping up here. We had, you’ll notice our range levels. It ran right up to our range level, actually blew through it, and then we were stopped by our higher range level based on this little wick, or blow off top if you will. And I want you to see that after you get a higher high in price action we had a lower high in momentum. And it gave us an opportunity actually to set up for a potential shorting opportunity. That would have given us a nice clean entry, pull in anywhere from 2, 4, 6 or 8 ticks to the downside.
 
So let’s go ahead and see what that looks like on a shorter timeframe chart. So this is a lower timeframe chart, and I want you to see at 9:30 the market opened up at 1508, again represented by the white dotted line. A lot of traders did not trade this first half hour of the day. And this market just took off. Didn’t look back. Didn’t work its way to the half-gap or the gap fill, and as a result, I personally did not get into this trade, but look we had an auto wave fire off long, right there at around 9:35. And it reached our range levels that we showed you on the previous screen.
 
And based on what we saw before the market even opened, we had a very narrow Globex range, we were expecting a kind of narrow range for the day, plus it was Friday. We were expecting, we even said by 9:45, we were expecting sideways chop.
 
Coming out of the no trade zone from 9:30 to 9:45, we ran in and just notice how price action wrapped around this opening price. We did finally have an opportunity. Nice setup on our momentum indicator for a long opportunity. We pulled off 10 ticks right there at about 10:30 going into a trending timeframe. And then we had a pullback. Another opportunity to get long. And it just did not materialize we scaled out right directly at the entry price for zero ticks. So you paid your commissions on that.
 
And then we went into the next no trade zone, from 11:30 until 1:15 Eastern Standard Time, that’s just a period of higher volatility, lower volume. We had low volume to start with. Coming out of the no trade zone we had an opportunity to get long. Target 1 and target 2 were hit for a total of 6 ticks. Generally we’ll look for about 8 to 10 ticks, but the sideways chop we had, we were looking for just basically scalp trades were all we could take advantage of today.
 
And then I want you just to notice how price actions stayed very tight to this moving average. We took another opportunity to try to get long in here. Took a lot of heat to the downside. Did not get stopped out. Some of us scaled out. This was not, I colored it in yellow because it was not a valid trade entry. It was more of a gut feeling for a trade, and as a result we ended up with just barely, some people went flat with no profit, no loss. And some of us made, you know, plus 2 ticks if you will until we finished up Friday afternoon running sideways.
 
Where’s our high today? Right there around 1515. We’ve been watching the 1515 level for about two weeks now. Finally hit it. Only next week we’ll be able to tell us, are we going higher from here. I do think this is a key resistance level. And I think profit taking is in order for us to see more downside potential next week.
 
I want to thank you for watching. 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 day 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.