ScalpTrader provides tools and techniques for scalp trading futures markets. We focus on technical analysis of the E-Mini S&P 500 futures and WTI Crude Oil futures. We provide market updates and daily support and resistance trading levels.
Market quotes are powered by
What a difference a week makes. Since our last update we had the results of the French elections and the world markets seem to like what they see. Bears have failed yet again to do any serious technical damage and the S&P has managed to breakout to the upside from the channel shown below. Note […]
The market is currently in a risk off period due to geopolitical events so we expect more pressure to the downside. We have been seeing a series of lower highs along with decreasing momentum on the daily chart of the E-Mini S&P 500 futures and are approaching the bottom of a descending triangle pattern. A break […]
Interactive Brokers offers an advanced application programming interface (API) that is available to retail brokers allowing for the creating of advanced algorithmic trading strategies. In this series of articles we are going to dive into how to use the API to connect to the broker, stream real time quotes, retrieve historical data, manage positions and […]