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,
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the S&P Euro and crude futures.
I want to tell you about the Festival of Traders we have coming up next week on Tuesday and Wednesday. I will be presenting at 6:15 Eastern Standard Time on Tuesday, March 11th. I want to tell you how to get there, how to register. There’s going to be 8 traders with 8 free webinars. Go to TraderShark.com. Go to the Home tab. Right underneath the Home tab it says Festival of Traders, click on that. And what you’ll see is a link here; it says March 11th and 12th, 4:00 to 7:00 PM. Click on any of these links for the registration. Scroll down, you can see the 8 different traders that are going to be presenting. I’m going to be presenting there at 6:15 Eastern Standard Time. And there’s also a registration link at the bottom of the page.
Let’s go ahead and go to the daily trading. What you can see here is we opened up at 1883.75, represented by this white dotted line. We don’t trade from 9:30 to 9:45. Coming into the first session we had an opportunity to get short. Now there’s two different trades that went on here. A wave trade produced 11 ticks. The hook pattern a reduced risk stop out, minus 10 ticks.
Going on into the morning session, an opportunity to get long when we’re above the moving average. If you entered exactly at the entry price, you would have gotten a minus 2 for a reduced risk stop out. Or better entry, got 1 tick better on the entry, so I got plus 3, minus 3. End up with 0 on that particular trade.
We had one more trade going into the lunch time trading zone. Had an opportunity to get 6 to 10 ticks on this move up higher. And then from 11:30 until 1:15 Eastern Standard Time tend not to take any trades. Coming out of that at about 1:15, there was I think one final trade at the end of the day. Can see there was sideways motion. Had an opportunity to get short. Took a loss of 2 ticks per 2 contracts.
To learn more about these and more advanced trade setups, or to get a copy of the TraderShark trading manual, please visit TraderShark.com. Come join us at the Festival of Traders. Enjoy 8 different traders and compare for yourself. Thank you and have a great weekend.
Link to Video and Transcription