Monday, April 23, 2012

Updated TraderSmarts Numbers for the YM Emini Futures - Tuesday April 24, 2012


Support becomes resistance and vice versa...

12885, 12903, 12919, 12949, 12965, 12989, 123003, 13011, 13018, 13036, 13074, 13086, 13109,13115, 13138, 13171 Resistance on the YM Emini Futures

12857, 12838, 12806, 12786, 12774, 12765, 12738, 12723, 12696, 12660, 12640, 12610, 12597, 12581, 12577 Supports

Trade smart and trade well!

YM: 13138 extreme short. 12989 - 12965 highest odds short FTU. 12949 acts like a pivot. 12919 range short. 12838 - 12806 zone for range long. 12786 - 12765 highest odds long FTD. 12610 - 12577 extreme long.


I've talked about this a lot in the alerts but we need to be using the Range, Highest Odds, and Extremes not just for trade entries but also as targets. If we are not taking advantage of moves INTO the Range, Highest Odds, and Extremes we are missing out on a very important aspect of the TraderSmarts Numbers. Prices want to test the important TraderSmarts Numbers. The contract notes are important. 


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