TS TradePlan for the YM Emini Futures - Friday August 3, 2012

TraderSmarts Numbers for the YM
13243, 13165, 13125, 13104, 13080, 13067,13008, 12982, 12971, 12943, 12919, 12894, 12888, 12872, 12856, 12823, 12812, 12801, 12777, 12743, 12724, 12717, 12711, 12687, 12669, 12651, 12625, 12606, 12582, 12553, 12542, 12505 Support/ Resistance on the YM Emini Futures

YM Contract Notes: Note that the Highest Odds Short is just above prior 4 days highs. Highest Odds Short is significant so expect either squeeze through (and will want to come back and test) or BIL Move and right back below prior 4 day's highs. A good area to use as a target for your longs - I think it wants tested - especially if we move down to highest odds long before testing range short. Over range short and holding and shorts are toast. Use Highest Odds Long as targets.

Keying on ES 1345.75 TS # for bigger picture per ES Contract Notes.We have extended targets above and below.

YM Execution/Targets Zones:
12165 Extreme Short
13104 - 13080 Highest Odds Short FTU
12894 - 12872  Range Short
12724 - 12711  Range Long
12651 - 12625 Highest Odds Long FTD
12582 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