Day Trading Tips and Tricks

May 3, 2012

Erich Senft

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Trading the Market Open with the Eagle Trend Trader

Trading the Open

We are trading with the Eagle Trend trader just after the NASDAQ open. Now normally I don’t like to trade the market open or at least the first half hour of the market open. However, the Eagle Trend Trader is a great tool for getting some solid signals during the market open.

A few minutes after the market open DTS gives a solid buy signal. I look at Trade Manager which lets me know that I can take three contracts on this trade and I buy in.

About 30 minutes into the trade we reach our first profit target. Not a bad way to start off the day, first half hour of trading and we are already up six-hundred dollars. The Eagle Trend Trader is really one of the few tools that you can trust to give solid signals during the market open.

May 3, 2012

Erich Senft

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