Welcome to the video update for Friday’s trading. Trader Rick walks you thru a LIVE emini intraday trade, using the 9 minute and the 15 minute charts. Watch as he illustrates the entry, the trade management, and the exit of a successful ES scalp trade. Entering off the 9 minute chart on a conservative 9/30 entry, note how the 15 minute chart is also incorporated in to the trade setup. This is also a pattern trade.
See what factors supported taking this live trade. Risk/reward was 1:1 on this scalp.
After the completion of the profitable live trade, Trader Rick looks at the 60 min, daily and weekly chart going in to Friday’s trading. Noteworthy will be the support level of 978 to 980 level. If we open above this level see if it becomes support.
Good trading!
[flashvideo width=550 height=413 filename=http://videoupdates09.s3.amazonaws.com/videonewsl073009/videonewsl073009.flv /]
Leave A Reply (No comments So Far)
No comments yet