🥇 I get a lot of people ask me, "Can I use your strategy and indicators on lower timeframes?" Absolutely YOU CAN! 👍
I want to walk you through how I capitalized on big gains before the market open on the emini futures contract.
One of my big main focus as of lately has been on quick scalping in the futures market. Getting on the right side of the trade get a couple points and exit, call it a day. Quick good money if you can get the right setup.
So all night I was watching the futures market and watching the strong rebound the emini was having. That bounce was giving me confirmation to look for a breakout at the previous turning point of 3111.00 . I used that as resistance and was watching the 1 hour timeframe. About an hour before market open I had my eyes on that price ticker getting a feel for how she was operating. I had all green on the crossover strategy and the ema dots were lined up green. I knew that on this timeframe the bulls were in my favor. I scaled down to the 5 min timeframe and once I saw that breach 3111.00 I market bought into 3112.00 i knew that it was a good position by how volume was driving the buys as the ticker kept pushing up. I started getting a little hesitation on the smaller timeframes at 3118.25 so I took the scalp and closed the long for 6.25 Points on 10 contracts!
If you have the capital and can play the strategy on key breakouts than you can capitalize huge on quick moves in the futures market. Each tick represents $12.50 and 4 ticks makes one point per contract. Even with just one contract and a smaller account you can kill it in the emini by just scalping and using tight stoploss.
If you look at the chart it did run up higher but we are just looking for quick scalps on the lower timeframes. Get in and get out, take profit, relax and call it a day. 😁
Just wanted to share with you how I took my trade on the emini this morning on a breakout trade. You can see the trade result on my twitter page.
I hope you all have an awesome day! Take care. 😁
🥇MLT | MAJOR LEAGUE TRADER
I want to walk you through how I capitalized on big gains before the market open on the emini futures contract.
One of my big main focus as of lately has been on quick scalping in the futures market. Getting on the right side of the trade get a couple points and exit, call it a day. Quick good money if you can get the right setup.
So all night I was watching the futures market and watching the strong rebound the emini was having. That bounce was giving me confirmation to look for a breakout at the previous turning point of 3111.00 . I used that as resistance and was watching the 1 hour timeframe. About an hour before market open I had my eyes on that price ticker getting a feel for how she was operating. I had all green on the crossover strategy and the ema dots were lined up green. I knew that on this timeframe the bulls were in my favor. I scaled down to the 5 min timeframe and once I saw that breach 3111.00 I market bought into 3112.00 i knew that it was a good position by how volume was driving the buys as the ticker kept pushing up. I started getting a little hesitation on the smaller timeframes at 3118.25 so I took the scalp and closed the long for 6.25 Points on 10 contracts!
If you have the capital and can play the strategy on key breakouts than you can capitalize huge on quick moves in the futures market. Each tick represents $12.50 and 4 ticks makes one point per contract. Even with just one contract and a smaller account you can kill it in the emini by just scalping and using tight stoploss.
If you look at the chart it did run up higher but we are just looking for quick scalps on the lower timeframes. Get in and get out, take profit, relax and call it a day. 😁
Just wanted to share with you how I took my trade on the emini this morning on a breakout trade. You can see the trade result on my twitter page.
I hope you all have an awesome day! Take care. 😁
🥇MLT | MAJOR LEAGUE TRADER
