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 E-mini S&P futures, the Euro, Crude, and NASDAQ futures. Today is Thursday May 1st, 2014. It was also a European bank holiday so we are expecting lower volume. The Globex range started out at about five and a quarter points which is not very wide. With that being said, we opened up here at 1876.75. We generally don’t trade the first fifteen minutes, but there were a couple of pro-range reversals. One pro-range reversal for a total of three ticks and then not much there another one for zero, got out on purpose just mostly because of how long it was taking for that to materialize. Working our way to the downside, we broke out of the opening range, had an opportunity to get into a hook pattern, did not get filled on that particular trade. Then working our way back up into the opening range, through opening price and then after to get thirteen ticks to the long side. That was pretty much it for the day, just before the lunchtime trading zone. We were flat into the close. I was talking to everybody saying that we may very well see a little bit of a burst into the close, this didn’t actually occur until about there at four minutes until four. That was a non-event. To learn 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 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.