Hello Traders
As seen in the previous post, we begin with an analysis of Market Behavior on
a Higher Time Frame. We then transfer that knowledge to the shorter time frame.
Our business model allows us to create at least one (1) Swing Trade AND also
2) operate in the shorter intraday time frame, where (typically) we trade the NY Session
of the S&P 500 Futures.
Pre-Market Narrative
The information we obtained from our Higher Time Frame Analysis allows us to create
Intraday Trading plans as follows
Bullish Plan
As mentioned previously, a technical rebound may occur if institutions decide to buy at specific prices
that they see as representing "value". The short version is that they want to buy at "Wholesale" prices
then mark that inventory up and sell to the rest of us at "Retail" prices. There are two (2) ways to do this
the first is to buy if price tests a support zone (which would be around 5.950 down to 5,900). They would
also be willing to scale in, buying more as low as 5,800 (approximately). We outline a second way to "value"
trade" in our class, and it involves trapping "Sell Volume" at places where participants assume that the market
is moving lower, then "slamming the door", leaving them to decide whether or not to chase (which is why those
moves higher generally continue).
Bearish Plan
The Bearish plan involves, driving the market higher initially, above the highs shown on our Weekly Pivot Chart
then trapping buy volume by reversing abruptly. Skilled traders plan for this eventual occurrence by reviewing
a schedule of pending High Impact Economic reports. Any reputable economic calendar service should do the
trick. For the coming week, the high impact reports are as follows
1) Empire State Manufacturing on Monday
2) ADP Employment on Tues
3) FOMC, Housing Starts, Building Permits on Wednesday
4) Initial Jobless Claims, Philly Fed, Existing Home Sales on Thurs
5) S&P Global Flash PMI, University Of Michigan Final Survey on Friday
Monday & Tuesday are traditionally the most turbulent days, and one would want to capture those bigger
price moves by coordinating trades (aligning trade entry with specific time periods). Subscribers are able
to see how we do this from planning to execution on a daily basis.
Those who follow the logic can see, that this (or something similar) is what professionals do to prepare
and to obtain an edge over the "uninformed". Professionals go into the trading day with more (and better) information
than others. After a period of time, (if they can see a skilled person execute in front of them), they usually "Get It"
Then it is a matter of whether or not they can develop the skill & discipline required to do it themselves. In our opinion
it is similar to the preparation required to be a professional athlete.
Please understand that we will only be doing this once to give prospective students a look at what we provide.
At the end of each session we will provide a summary review here on this site. Basically that summary will outline
our results (successes and failures).
Good luck