Thursday, May 10, 2012

TraderSmarts Numbers for the YM Emini Futures - Thursday May 10, 2012

Support becomes resistance and vice versa...

12822, 12857, 12885, 12093, 12914, 12949, 12962, 12979, 13003, 13011, 13018, 13027, 13056, 13065, 13086, 13091, 13109, 13138, 13171, 13186 Resistance on the YM Emini Futures

12786, 12757, 12738, 12723, 12696, 12660, 12640, 12610, 12597, 12581, 12577, 12559, 12545, 12503, 12442, 12414, 12381, 12342, 12310, 12287 Supports

Trade smart and trade well!

YM: 13186  - 13171 and 13065 extreme shorts. 13027 - 13011 highest odds short FTU. 12914 - 12876 still the range short. Watch the higher end of this range inline with the range short in ES. This 12786 is important. 12757 - 12738 range long. 12610 - 12577 highest odds long FTD. 12503 extreme long.

ES YM 6E CL GC TraderSmarts Numbers + Live Trade Alerts www.tradersmarts.net

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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