Thursday, September 9, 2010

TraderSmarts Numbers for the YM Emini Futures - Thursday September 9, 2010

Support becomes resistance and vice versa...

10330, 10362, 10405, 10455, 10477, 10522 Resistance on the YM Emini Futures

10286, 10223, 10153, 10055 Supports

Trade smart and trade well!

YM: 10455 highest odds short FTU. 10153 highest odds long FTD.

Rollover day. How I decide to switch is the following. If I am keying off a 4 minute chart I wait until the new contract has more volume in the current 4 minute candle than the old contract - then I switch. Simple. I don't worry about which contract has more volume for the day.

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