$ES 8 tick scalp ideaEasy scalp idea; Wait for 5503.75 then if needing to average down 5504.75. Go short here for an easy 8 tick bounce. On future funded accounts using 4 contracts you’ll make; $400 with 8 ticks. Shortby SimpleJackTradingPublished 0
ES Bear FlagES has a nice looking bear flag on the 15m and VX is strong today all of a sudden. I'd expect this to break to the downside before close,.but not sure how far it can go..Depends on how high VX goes I suppose. For now just watching previous highs and lows for potential support if it does drop. Shortby AdvancedPlaysPublished 1
$ES scalpWaiting for 5408-5406.50 to buy long for a scalp. Remember we don’t need the whole move. Just a consistent pieceLongby SimpleJackTradingPublished 1
$ES Needs to close above 5424.50 to be bullish. Sitting on my hands leaning bearish right now by SimpleJackTradingPublished 1
Reviewing ES price action 6-13-24Going over the price action ES for Thursday. looking for clues as to what the market was telling us. how we could have traded better and how the Overnight session looks. 03:12by BobbyS813Published 0
Reviewing ES price action 6-13-24Going over the price action ES for Thursday. looking for clues as to what the market was telling us. how we could have traded better and how the Overnight session looks. 03:12by BobbyS813Published 0
A positive close for Friday is expectedA positive close for the S&P 500 on Friday is the expected behavior as buyers entered the market on Thursday. Friday action will give us a barometer of the confidence of buyers going into the weekend to hold a long S&P 500 position.02:02by DanGramzaPublished 2
2024-06-13 - a daily price action after hour update - sp500Good Evening and I hope you are well. sp500 e-mini futures comment: Two legs down from the open to then 3ish legs up to close right under the open price. Market is staying up here which is maximum bullish going into Friday. My target remains 5600 and there is absolutely no reason what so ever, that we can’t print another 100 points up tomorrow. Anything below 5470 would surprise me big time. Bears have no reason to sell this and bulls are making money buying every tick of a dip. current market cycle: bull trend key levels: 5470 - 5600 bull case: 5472 was a bit lower than expected but who cares, bulls buy it all. Just do the same. For tomorrow I will only look which ema is respected the most to go max long over the day. Invalidation is below 5470. bear case: If bears actually somehow manage to print a lower low below 5470, consider me surprised and I will rethink my plan but for now, bears are scalping as long as they have momentum, when it’s gone, they are out and bulls just print green bars. Invalidation is above 5520. short term: As bullish as one can be. Ride it up. medium-long term: Bearish. We will see 5000 over the next weeks again and 4600 over the next 12 months. Will update this time and price wise over the weekend but I expect to at least see 5000 over the next weeks. current swing trade: None trade of the day: Market just oscillated around 5500 the whole day. 5486 is big support and was a good buy yesterday and naturally so today if you chose a wider stop or waited for consecutive bull bars.Longby priceactiontdsPublished 220
PM Breaker Set up on the ESafter a nice Down leg in the NY AM Session the ES gave us a Bullish breaker setup and delivered 15 handles in the afternoon. enter once price retraces into breaker boxLongby dclemens561Published 0
$ES short scalp Looking for a short scalp when we retest 5459.50. 6 ticks at least. Shortby SimpleJackTradingPublished 0
Long $ES The only way I’ll touch NYSE:ES long is when it retest these levels. I’m fine missing a move. Willing to wait to minimize risk is the name of the game; 5444.75 5439.50 5426.25 5419.50Longby SimpleJackTradingPublished 0
Long $ES The only way I’ll touch NYSE:ES long is when it retest these levels. I’m fine missing a move. Willing to wait to minimize risk is the name of the game; 5444.75 5439.50 5426.25 5419.50Longby SimpleJackTradingPublished 0
E-mini S&P 500 Sell Trade / US SessionS&P 500 sell trade on the one minute time frame. US session. 06:46by PATGLLCPublished 0
Market Crash - ES Ascending Wedge BreakoutSo everything went almost exactly as I expected today, but there was a big problem, no sell off and no life for VX. Going into the day I wasn't sure about CPI but figured a hot or cool reading would get a reaction, but didn't expect that big of a rally off of a 0.01% cool print which was mostly as expected. After CPI release, fed fund futures priced in a 75% chance of a cut in September. I thought this was crazy,.no way they are cutting in September. They never had plans to cut in September unless data changed significantly, which it didn't and today's CPI was not going to change their target rate. The expectation dropped to around 60% before the minutes were released, but was still pricing in way too high of a chance. When I saw this, I thought oh yeah this is the classic bull trap. Everything looks.great but after FOMC when the market realizes it's not getting a September cut, there will be a dump. Sure enough the minutes are released and there's no September cut. However, the market held up most of the day and had a small pullback before close. I couldn't believe it honestly, VX just didn't get any life whatsoever despite the market not getting what it wanted, which usually leads to panic in my experience. Then AVGO announced a stock split and NQ pumped even more after hours. So here we are, the market didn't get 2 cuts but doesn't seem to care. However, DXY is showing a lot of strength in the overnight session and assets like BTC and Silver are struggling, which would point to weaker equities. The was weak today and RTY gave up a lot of gains after a strong morning. ES and NQ still remain strong. I fully expect this to end badly because the market was wrong and that is always bad. We should see a bigger reaction soon, once everything settles down. Many things I'm seeing today I would interpret as bearish, but VX just keeps going down and NQ keeps going up. This is part of being a bear unfortunately,. you're unlikely to pick the top perfectly,.so if you decide to short a seemingly strong market at ATH, you'll probably lose most of the time. I still fully expect the market to run out of steam and keep seeing more and more top signals. However,.it's gonna go up until it stops and if you choose to short it, you've got to be a bit lucky or remain patient. I'm remaining patient, we'll see what tomorrow brings. The sell is coming.Shortby AdvancedPlaysPublished 0
AMP Futures - Chart TradingIn this video we will demonstrate how to execute trades directly off the chart.Education13:58by AMP_FuturesPublished 3
Make more gains by adding to your winnersTeam this is an update on my swing trade I called out a few weeks ago Once you have a winning bag you can use every pull back (FVG or FIB) to add to your winner This helped me to finally break through 15k in gains this week Thanks for following a long and drop a LIKE for my next multi bagger!by tradingwarzonePublished 3
2024-06-12 - a daily price action after hour update - sp500Good Evening and I hope you are well. overall market comment What a time to be alive. Bulls got another huge breakout to the upside which opens new targets above. There is a reasonable chance that this bubble continues much further than anyone could ever dream of, just like all the Nvidia employee’s who sold their stock < 100. Couple more days and half of the sp500 will be made of 7 companies. Bears are not getting any help from the news side and bulls are just peak euphoric. Buying everything anytime is making money, so this will continue until it stops. Dax, Russel2000 and DJI are not participating which speaks to the concentration of the price advances to a small basket of stocks. Commodities had big reversal days, producing bad looking bull bars on the daily chart. Gold was rejected at the daily 20ema and Oil reversed after peaking above the bear trend line from April. I expect more weakness tomorrow. sp500 e-mini futures comment: My daily chart is ugly, yes i know. Works though. I have painted 3 wave series for you, which all end around 5500-5600. I won’t write more about this. current market cycle: bull trend key levels: 5300 - 5600 bull case: Bulls did it again. A minor pull-back is expected though. Given that tomorrow is Friday, I would not be surprised if we do another 1-2% day to just get this bull trend over with. Straight melt up. Anything below 5360 would be a huge surprise. Invalidation is below 5360. bear case: CPI came in soft and the FED is not having any effect on markets currently. Melt up was inevitable. Bears not doing anything and waiting for more bulls to show signs of exhaustion and profit taking. 5500-5600 is where I expect selling pressure to rise again. The 38 point drop from ath 5454 was a bit unexpected tbh but the 1h ema held. Invalidation is above 5460. short term: As long was the 1h ema holds and market stays above 5400, it’s max bullishness. medium-long term: Bearish. We will see 5000 over the next weeks again and 4600 over the next 12 months. —unchanged current swing trade: None trade of the day: Just higher lows since Globex, market showed signs of knowing the CPI print, because it went max long into the release and every one tick dip was bought.Longby priceactiontdsPublished 0
Price Action REview ES 6-12-24 CPI + FOMCGoing over the price action for this CPI & FOMC day. intense day very difficult filled with opportunities. keep working hard take shots and manage risk. that is our plan. 04:04by BobbyS813Published 0
Rest day on ThursdayAlthough PPI will be announced on Thursday the expectation for movement in the S&P 500 would be a smaller range than Wednesday and would imply a rest day for this market. The objective to the upside would be 5455 to 546001:49by DanGramzaPublished 1
Market Crash - FOMC Analysis and Rate Cut ExpectationsI give my thoughts on CPI and FOMC. Some of the things I'm looking for and my opinion on rate cut expectations.Short19:57by AdvancedPlaysUpdated 2
ES analysis for CPI day! New ATH Targets // Not financial adviceFor the past few days I've been saying CME_MINI:ES1! is stuck in a range between 5342-5372. After a final failed breakdown of it yesterday that triggered longs, buyers broke us out the range finally. Size down now before CPI…protect your capital. Wait for traps. 5396, 5408, 5421+ next in play for buyers. 5363 lowest must hold on any CPI dips, or we sell by ESMorgUpdated 1
Five Consecutive Bar Scalping Strategy# This is a simple yet effective scalping strategy that aims to take advantage of buying/selling program activity on the 1 or 15 minute timeframe (May work on other timeframes). This is a momentum trade so it is important to recognize there is controlled momentum for this to work. Trade Setup: 1. First ensure the candles are controlled, indicating dominance by a strong buyer or seller. 2. Look for 5 consecutive bars printed in a row on the 1 or 15 minute timeframe. 3. For entry, set a stop short or limit buy order beyond the 5th printed candle. 4. Place your stop loss just beyond the ATR range or at the nearest invalidation point. 5. Aim for a minimum risk-to-reward ratio of 1:2. This is not a trade recommendation and is intended for educational purposes only. If you choose to trade using this information, you do so at your own risk. Past performance does not guarantee future results. - Tradetron3000Educationby Tradetron3000Updated 115
#ES_F Day Trading Prep for Week 6.09 - 6.14Last Week : Last week it looked like we found balance inside the Value of 5368 - 5207 Range and I was early trying to call a potential Intraday balance range to be spending time around, instead market pushed back into VAH which was the spot where many were shorting the first time around and most likely the spot where a lot were shorting on that move inside Tuesday Globex/Wednesday RTH expecting a bigger move down but instead market failed to get back under VAH and pushed out trapping and squeezing shorts into the upper Edge again. We spent Thursday and Friday Globex building Supply inside it which got flushed back down under the Edge and Key area of 5341 - 36 but that was all the supply we had for now and we were able to get back inside 5386.50 - 36 Intraday Range and find balance inside it as we pushed above the Edge hit Key area and came back inside the Means of the range to close inside the Edge. This Week : Maybe this will finally become our range to find longer term balance in ? Market has been ripping up and down through intraday ranges back and forth without spending too much time in each, it has been a while since we had longer term balancing action and after big moves and everyone getting used to expansions to the upside and downside I think Market needs that and has been looking for a place to do that. Of course we have to be careful and adapt if things change but so far what the structure is showing us is that we are at ATH and at Key HTF Area, we don't have strong size buyers up here who want to keep pushing us higher as we saw from fails at and over this 5368 area, we can see that buyers most likely put together their cost inside lower Value above VAL after we flushed it and came back in, meaning here smart long will be sellers but for now this is the only supply that we have since are at ATH which means for any bigger back fills or moves lower we either need SIZE sellers which we might not get up here since its Summer time and they don't see any structure or build up of enough supply which they could later use to cover lower with if they would sell up here since market ran out of Supply lower. IF this is the case then this will potentially be our Balance area here between above VAL and VAH of lower HTF Range, this tells us that any moves to or under Key Supports could find their way back inside the Edge and moves above the Edge top and above 5386 - 81 Key Resistance that don't find acceptance in or above VAL would find their way back inside the Edge as well. We are in a new month and this area could be our balance for some time, and we have to be careful with looking for too much continuation above or below these areas for time being. To see acceptance higher we would need to see market build up over Edge top and take out VAL and balance around 5397 - 5412 area without coming back in, and to find acceptance lower again we would need to be able to hold under Key Support and push back into VAL without coming back over, until then will be looking to trade 5386.50 - 36 Intraday Range. Levels to Watch : Current Range 5386.50 - 5336 5386.50 - 81.50 Key Resistance 5356 - 52 // 5370.50 - 66.50 Means - where price will want to keep returning towards and balance between 5341 - 36 Key Support IF Accept over Key Resistance, range is 5432 - 81.50 5432 - 27 Key Resistance 5401.50 - 5397.50 // 5416 - 12 Means IF Accept under Key Support, range 5341 - 5290.25 5324.75 - 20.75 // 5310.50 - 06.50 Means 5295.50 - 90.25 Key Support by HollowMnUpdated 1