Here’s an end-of-week video, another installment of what I have been showing everyone this week.
I’m happy to confirm all of these winning trades with you, day after day, in these videos. Watch the video below to see for yourself…
As I predicted, the market continues to fall. We have not yet hit the lows of mid-June, 2022. Price may continuing falling to “test” that prior low…and that’s a long way down!
You’re also going to see the Trade Scalper signal performance for Friday, Sep. 2. How many winning signals were produced for the big move down? The 1-Minute chart shows many!
We use an ATR (Average True Range) period value of 4 along with the Atlas Line to determine the profit target, stop loss, and gauge overall volatility/tradability.
You’re also going to see the Atlas Line, which was in total agreement with the Trade Scalper, acting as additional confirmation for that big move down. Nice!
Going back further, what happened in the morning? Again, agreement by both systems that the anticipated direction would be bullish (up).
Up next, what are the upcoming Monday, Sep. 5 Labor Day holiday trading hours?
That’s a great question! Here’s the answer….
(Note that all times are provided in ET, US/Eastern, New York time).
The E-mini S&P 500 and other CME Group Globex Equity products will be open regular hours until 1:00 p.m. ET when a halt occurs. Trading resumes at 6:00 p.m. ET and continues as per normally scheduled hours. Interest rate products observe the same scheduling.
Note that other Globex products may halt at different times. For example, Cryptocurrency products halt at 5:00 p.m. ET and resumes at 10 p.m. ET. Forex products observes the same scheduling.
If you trade commodities or anything that is rooted more considerably in the physical, such as energy, metals, grain, etc. you are encouraged to examine the official news calendar release from CME Group available here.
What’s the next trading holiday after Labor Day? That would be Thanksgiving, of course! Can you believe we’re already looking ahead to Thanksgiving and we’re still in summer? Time flies!