Sunday, February 27, 2011

TraderSmarts Numbers for the YM Emini Futures - Monday February 28. 2011

Support becomes resistance and vice versa...

(12137, 12153, 12162, 12186), (12226, 12240), (12277, 12284, 12308, 12335), (12374, 12404), 12479 Resistance on the YM Emini Futures

(12089, 12077 - 12071, 12049, 12030), (12008 - 11998), (11969, 11932), (11906, 11898, 11864) Supports

Trade smart and trade well!

I did something a little different today in that I put in brackets how I group together the different areas for my own trading. I hesitate to do this because I don't like to influence people too much but I am curious to know if this helps or hinders. Please shoot me an email or a tweet or drop a comment on the blog, if you feel like it, letting me know what you think. Thanks!

A lot of TS #'s for some contracts - don't let it distract you. Focus on where price is and trade it!

YM: 12240 - 12226 highest odds short FTU. 12479 extreme short. 12162 - 12137 still the range short. 11898 highest odds long FTD. 12089 - 12030 range long and can be broken up into 12089 - 12071 aggressive range long and 12049 - 12030 conservative range long.

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