Monday, August 6, 2012

TS TradePlan for the YM Emini Futures - Tuesday August 7, 2012


TraderSmarts Numbers for the YM 
13293, 13268, 13243 13172, 13165, 13125, 13104, 13080, 13067, 13023, 13008, 12982, 12971, 12942, 12919, 12894, 12888, 12872, 12856, 12823, 12812, 12801, 12777, 12743, 12724, 12717, 12711, 12687

YM Contract Notes: Tested to bottom of 13104 - 13080 Friday and then over Monday. This area is immediate LIS. Note the doji on today's candle. 

ES is holding above 1345.75 bigger picture Line in Sand so we are likely headed to test the initial upside target per ES Contract Notes. 

YM Execution/Targets Zones:
13243 Extreme Short
13172 - 13165 Highest Odds Short FTU
13104 - 13080 Range Short
13023 - 13008 Range Long
12942 - 12919 Highest Odds Long FTD
12894 - 12872 Extreme Long

Support becomes resistance and vice versa

Trade smart and trade well!

TS TradePlan for YM ES 6E CL GC TraderSmarts Numbers, Contract Notes, Execution/Target Zones www.tradersmarts.net

No comments: