Sunday, May 6, 2012

TraderSmarts Numbers for the YM Emini Futures - Monday May 7, 2012

Support becomes resistance and vice versa...

12857, 12885, 12903, 12914, 12949, 12989, 13003, 13011, 13018, 13036, 13056, 13065, 13086, 13091, 13109, 13138, 13171, 13186, 13204, 13224, 13239, 13255, 13272, 13292, 13331, 13333 Resistance on the YM Emini Futures

12822, 12786, 12765, 12738, 12723, 12696, 12660, 12640, 12610, 12597, 12581, 12577, 12559, 12545, 12442, 12414, 12381, 12342, 12310, 12287 Supports

Trade smart and trade well!

YM: 13429 and 13331 - 13311 still extremes. Don't rule out new highs. 13065 highest odds short FTU. 12989 - 12949 zone to find range short. 12786 - 12765 highest odds long FTD. 12610 - 12577 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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