Learn to Day-Trade the Emini S&P Futures

Daily Trading Video – Sept 18, 2012

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.

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To successful trading,


Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures and the Euro futures. Today is Tuesday, September 18th, 2012.
You will notice that the color of the candles are different. The reason of that is it will help to distinguish between the Euro futures and the ES futures. This is actually the Euro futures. And the reason I’m showing this is we usually open up the Shark Den at around 8:30 in the morning Eastern Standard Time. The U.S. market has been running pretty much sideways lately. A lot of flat chop. And as a result we’ve been making our additional money in the Euro.
So again from 8:30 in the morning I like to watch it from 7:30 in the morning just depending on my time schedule. But no real trade set up until right about here at 9:14. About 9:11 we had an opportunity to get short. Target 1 and target 2 were hit for a total of 11 ticks on this particular trade. We do have traders in the room that do what’s called a trailing stop. And they held on to this for a substantial gain. However, in the trading method for the conservative traders once you get your profit targets, stop. If you have to enter again, it costs you another second set of commissions, but you get another 11 ticks right there. Target 1 and target 2 hit for a total of 11 ticks.
And then not much else going on. The Euro tended to go sideways. The U.S. market opened up. We had another opportunity right there about 11:08 to go long. Target 1 was hit. Got stopped out for minus 1 tick. Mostly because we have about an 8 tick target and we did not quite hit it. Got stopped out for minus 1 tick. And that was it for the Euro.
In the ES market or the S&P emini, we don’t trade from 9:30 until 9:45. And that market, even though a couple news reports, you can just see the sideways chop. We literally had no opportunities to get in. And for one trade right here at about 11:08. An opportunity to get long. Target 1 and target 2 hit. I indicated we had an entry somewhere around 1353.50 or better. And that was up here. And the market continued to go lower. I actually got in around 1353 even. Took the first target for 4 ticks and the second one for 9 ticks. So that it matched up with the entry at.
And that was pretty much it for the day. Went into the no trade zone from 11:30 to 1:15 Eastern Standard Time. And then if you crunched this up, I mean that’s just pure sideways movement right in to 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 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.