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.

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 Wednesday, December 5th, 2012.
 
We have a second annual trading challenge sponsored by Infinity Futures. If you’d like to register, it’s for free. And you get a chance to watch eight different traders, two per day. And try to win a position as being the best trader of the eight.
 
And with that you can go to the website TraderShark.com. Go to the News and the Blog section. And then this is where you’ll find the second annual trading challenge. You can click anywhere in through here. You can watch, I actually trade on Friday, December 7th. And that runs from 9 AM until 10:30 AM Eastern Standard Time. But it will take you directly to this page. And then what you can do from there is you can register and get a chance to watch us for free.
 
And with that let’s go ahead and check out how the results were for today. So the market opened up here at 1406.75. We had a lot of sideways movement, sideways consolidation. No real trades. We had a couple news reports that were positive.
 
Following into the day we watched what’s called an ADX, a directional indicator. And as long as that stayed below 15 we just chose not to take any trades until we had a nice clean break to the downside. Pullback. We had an extended trade. We had a second chance opportunity. One yielded 7, one yielded 18 ticks.
 
And then we had another pullback. Notice this 1401.5, this was yesterday’s low. As well as our projected daily low. As well as the Globex range low. So we knew that was going to be a prominent level on our return. Broke through it. Pullback. Took a little bit of heat. Continuation. Only took on 6 ticks from this trade. Even though we left a little bit on the table. It was a safe move. And we also had our auto wave kick in to go to the long side. So we really didn’t want to fight against that.
 
Continuing on into the day. This was the best trade really of the day. I did not take full advantage of it. We had a nice pullback. And knowing that we’re going into this 1401.5 level. Notice the chop we had going on. I wasn’t really sure that this thing was going to break through. So I only too 2 ticks and 4 ticks. Total of 6 ticks on this trade. And this thing just ran. It took off into what’s called a Shark Attack trade. I don’t know if any traders in the room had actually trailing stops on this, but you look for targets on this one of 1403.5 and 1405.5. And then we worked our way back up to the opening price. Which you would generally see a retracement.
 
Now notice we’re in a no trade zone. Prior to a no trade zone, if you’ve gotten your target 1 then you can go ahead and let it run and either get your profit target taken or you get stopped out. But you don’t enter any new trades. And this thing just would not stop. I know President Obama was speaking in the middle of the afternoon.
 
And then from this point forward we had no further trades for the afternoon. Continued to work its way into the close.
 
I hope you all did well. Come join us for the trading challenge with Infinity Futures. And I’ll see you in the Shark Den in the morning. To learn more about these and more advanced trade setups, 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.

2nd Annual Trading Challenge

Join us for the live trading competition sponsored by Infinity Futures.

Click here to register for this free event. Watch 8 traders use their personal trading skills to try to win the Infinity Challenge.

View their charts and listen to their comments prior to placing a trade.

This trading challenge is from December 4th – 14th.

Click here to register for December 7th challenge between Brian Rehler and Hubert Senters.

To Successful Trading,
TraderShark

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.

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. I’m going to go over four days, Monday, Tuesday, Wednesday and Thursday in this particular video.
 
I want you just to see the consistency of, we had a relatively narrow Globex range and a narrow opening range, which clearly indicated a choppy market. Fake out break out to the upside. Again, this right here is on November 26th, on Monday. Fake out break out to the upside. Fake out break out to the downside. Fake out break out to the upside for a continuation into the close. So it was a pretty choppy day. We knew it. We knew it the opening range timeframe. We knew exactly what we were going to see.
 
Tuesday, November 27th, we had almost an identical setup. Fake out break out to the upside. Fake out break out to the downside. Another fake out break out to the upside before it broke to the downside and on into the close.
 
On Wednesday we had a little better action. Little broader Globex range. The opening range here we did have a nice breakout to the downside with a hook pattern. Start out, did not quite reach the end. We then found ourselves back into the opening range for a breakout. Nice little hook pattern setup. Failed hook pattern setup. Another follow on hook pattern setup for a continuation and found resistance right in this Shark band.
 
We then had a nice pullback going on into the previous day’s lows. I think it was like 1395.50 at that point. Get a nice clean entry down here. Took a little bit of heat. For a launch. This particular trade I took 3 contracts. First contract off at 8 ticks. Second contract off at 14 ticks. And the third contract off at 18 ticks. The targets were 1397.5 and 1399.5. And then we’re out.
 
We let the market run sideways as it usually will do. And then there was a nice little pullback here. Anybody else if you would have held on to that with a trailing stop you had an ultimate target up here around 1406, 1407, actually 1407.50 I think was the final. And then let everybody else do all the fighting into the close.
 
So for Thursday, November 29th, we had a pretty decent size Globex range. Narrowing opening range. Expecting another type of choppy day. And we had a hook pattern setup, failed. Another hook pattern setup, but in this particular case we had a news report, not actually news report, we had Boehner came out and indicated they were still having a challenge trying to come to some type of resolution. And the market dropped off relatively quickly. So in our particular setup we may have gotten 3 ticks, 5 ticks, possibly even up to 8 ticks and then we’re out. We did not know this thing was going to follow through so quick.
 
And then Harry Reid came out and did a follow on commentary. So we got the battle on the political hill there. And price action immediately retraced and worked its way back up into the opening range. So we knew this was just a type of shakeout before it was going to continue higher. And we just went sideways on into the close.
 
And that was it for the week. So we had a pretty choppy week. I think we have a lot of conflict between the uncertainty. Market does not like uncertainty and you’ve got the fiscal cliff that they don’t know about. Yet we’re right in the middle of a Santa rally where the retailers are supposed to be going from their red numbers to their black numbers. So exercise caution in each one of your trades. It’s okay sometimes to take smaller scales. Taking your 3 ticks, 5 ticks, 8 ticks. Unless of course you have something a little more prominent setup where you can hold on with a trailing stop. I hope that adds to your arsenal of ideas on how to trade this market.
 
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 tomorrow 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.

2nd Annual Trading Challenge

Join us for the live trading competition sponsored by Infinity Futures.

Click here to register for this free event. Watch 8 traders use their personal trading skills to try to win the Infinity Challenge.

This trading challenge is from December 4th – 14th. Click here to register for December 7th challenge between Brian Rehler and Hubert Senters.

To Successful Trading,
TraderShark

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.

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, November 16th, 2012.
 
Options expiration day. The market opened up here at 1352.25 represented by this white dotted line. We generally don’t trade from 9:30 to 9:45. Just a period of higher volatility. And it’s a period of time that we want to wait and let the bulls or the bears determine what direction they’re going to push the market.
 
We really didn’t see anything happening until right here at about 10:00. We had an opportunity to get short. Target 1 and target 2 hit for a total of 10 ticks. Once we established a low, broke the low, the low now becomes what’s called a significant level. Once that significant level was broken then we had set up for a potential Shark Attack trade.
 
Here we had an opportunity to get long. Took 1 target here at 4 ticks and then it just really didn’t materialize. It didn’t seem to act the way a burst from the bottom would. So only took 2 ticks on the second contract. Total of 6 ticks. Set back. Keep the powder dry. Wait for a better trade to come along. Really not much going on. We did test the bottom of the moving average. Dropped back below our significant level. Pullback. An opportunity to get short. Target 1 and target 2 hit for a total of 10 ticks.
 
We talked about this 1340 level. It’s actually 61.8% retracement on the weekly level. There’s a bounce. Going into the no trade zone from 11:30 until 1:15 Eastern Standard Time. It’s just a period of higher volatility and lower volume. But in this case we really left a lot on the table. There several reasons we don’t trade during the no trade zone. Primarily it gives us, you know, more of a discipline. A structure. It gives us a break away from the computer. And in this case this thing just took off like a rocket. A Shark Attack trade in the making. We saw it set up. It didn’t quite materialize until the no trade zone. I did not get any of this as it ran up in through the no trade zone, which is okay. That’s my trade plan. Other people I’m sure out there were trading during that time frame.
 
Coming out of the no trade zone we had a 2:00 timeframe that we don’t really want to have any long positions. Had an opportunity to get short. Target 1 and target 2 hit for a total of 14 ticks. This was not a planned trade. This was more of an art form.
 
Nice pullback. This was a nice clean opportunity to get short. Target 1, target 2 for a total of 9 ticks. And then we had a pullback to our moving average expecting to have a little bit further downside. Did not. Got tagged for about 14 ticks. I know it says 12 ticks. I lost 14 ticks on that particular trade. And then right behind it when you get stopped out in the opposite direction, an opportunity to set up target 1 was hit for 2 ticks. And then later on we got another 4 ticks in this particular setup.
 
Notice we had the auto wave trigger. Another opportunity to get long here. Just a basic wave trade. You got your auto wave and your basic wave. Took off. Worked its way up. Another pullback. We had what’s called an extended wave trade opportunity. Another extended wave trade opportunity. And the market just rebounded today. It was awesome. Pushing all the way up to the high side. Showing the strength of the last 7 days. We had a down market. Nice recovery going into a weekend.
 
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 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.

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.

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 Thursday, November 15th, 2012.
 
The market opened up this morning here at around 1353.25.You’ll notice we’re starting kind of in the middle of the morning here at around 10:30 or so. We generally see, from 10:10 to about 10:25 potential reversal zone around 10:30. The market tends to trend from 10:30 to about 11:15 and you’ll notice we had a gradual pull all the way down into yesterday’s low.
 
And then we had drawn these lines earlier saying, hey, here’s yesterday’s low 1349 potential area for a Shark Attack trade and then we expected price action to kind of consolidate between these two levels. Between 1347.50 and 1349.50. As price action continues to test yesterday’s low, even though it broke through its still considered testing it. We did have an opportunity to get long.
 
And I’m going to show you a failed Shark Attack trade followed by a successful Shark Attack trade. There’s Shark Attack end up right here at about 11:27. First target was hit with about 4 ticks. Generally a Shark Attack trade will have anywhere from 8 ticks to 16 ticks for this second target. In this particular case as long as you get the trade and you get your first target off before you go into a no trade zone, it’s okay to hold on to that trade until you get stopped out or you hit your profit target. In this particular case we got stopped out for minus 8 ticks on the second contract. Took a loss of a total of 4 ticks on this Shark Attack trade.
 
Going into the no trade zone we don’t initiate any new trades. Coming back out at 1:15 we did see a nice clean setup here. We had an auto wave setup. Approaching our yesterday’s low a third time. I can’t really get this ellipse to print over the top of the no trade zone. But you can see we had a low to a high. 50% pullback. Valid entry, so we had a Fibonacci pullback, auto wave trade setup, knowing that we were approaching our yesterday’s low. First target was 8 ticks, right here at 1351.50. Pullback. No heat really. Just kind of a gradual push. Second target 1353.50.
 
And then we had a runner. If you’re only doing 2 contracts, you’d be out by 1353.50. The market continued to push a little higher. It’s okay to leave a little bit on the table. Not disappointed with a total of what? I think we had 9 ticks on the first trade and 17 ticks on the second trade, depending on your entry. Got 1 tick better than the entry here at around 1349.50 to 1349.25.
 
We watched for the rest of the day as the market came back below the moving average. And back and retested the lows of the previous day. Broke through the lows yesterday. Kind of pulling everybody in. Trying to get them to get into a bad trade. The key support that we had was at 1346 to 1345, you’re not seeing it here, but this was a Shark band. Had a little bit of a bounce off of that. Came back up through. No hesitation at yesterday’s low.
 
So you had an opportunity to get into this again. Some other traders in the room were about to get target 1 and just shy of target 2, about 1353.25 for a second Shark Attack trade. So on the same day we had 3 Shark Attack trades. First one failed. Second one fully materialized. Second one at least you would have gotten your first target off. If you had watched the market internals, you had a nice cross here to the downside of the trigger chart. You could have possibly gotten at least a 3 point profit on that second contract.
 
It’s good to watch a Shark Attack trade over and over again. It’s not really for new traders unless you’ve experienced it several times before, before you get involved in this.
 
To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great night. Remember tomorrow is options expiration day and I’ll see you in the Shark Den on Friday 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.