Learn to Day-Trade the Emini S&P Futures

Low Volume Continues – Trading Video – May 6, 2014

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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,


Good evening traders, this is Brian with TraderShark.com an educational website to learn to trade the E-mini euro, crude, and NASDAQ futures. Today is Tuesday May 6th, 2014. The market opened up this morning at 1874.25. Just above this blue shark band here. You can notice in the first part of the morning we had a lot of sideways motion, choppy, very low volume. Right here at about 12:20, we had an opportunity to get short for a total of eight ticks. Right there at 2:00 another opportunity for eleven ticks on the downside. This is a higher time frame chart, notice the Shark Bands opposing the support levels. Let’s go ahead and go to a lower timeframe chart.

Now this is a lower timeframe chart, I want you to notice that from 9:30 to 9:45 we generally have what’s called a no trade zone.  We do have one trade that sets up; it’s called a pro-range reversal. I did not get filled on this particular pro-range reversal. Continue on into the morning you can see the sideways chop there really wasn’t any room to get onto a run. Nothing really appeared here until about 10:20 this morning, pushing higher for a total of six ticks. Then we got into the highs and I got tagged for a total of twelve tick loss, once we had a failed direction long.  Turned right around and had an opportunity to get short. I did not get in on this eight tick trade. As we continue through,  had an opportunity to get short a total of six ticks. Another opportunity to get short, got tagged out for minus three ticks. Another opportunity to get short for a total of four ticks. We were trying, yet at the same time the SharkBands and the hook patterns were keeping us in line.

Going into a no trade zone lunchtime trading zone here, from 11:30 to 1:15 Eastern Standard Time.  A lot of sideways motion, the lunchtime trading zone is one of the time frames that I prefer not to trade. You can see these target levels we had whether you were trading a hook pattern or coming out of the lunchtime trading zone. Generally, from one thirty to two o’clock I look for a market to move higher so I did not get into this trade going short at about one thirty, but then I saw that they committed themselves. A little pullback for continuation. Got my first target off at two ticks, and then had a runner down to as much as fourteen ticks on the trade.  Then it came back, we had a stop, a trail stop. We then got tagged for only three ticks on my second contract, so I got a total of five when I really kind of left a lot on the table there.  But then you just kind of regroup and as the market went sideways another opportunity right on into the close right around 3 o’clock for a total of ten ticks to the downside.  To learn about these and more advanced trade setups or to get a copy of the Trader Shark Trading Manuals, please visit www.TraderShark.com . Thank you, have a great evening and I will 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.