Thursday, August 22, 2013

TS TradePlan for the YM Emini Futures - Friday August 23, 2013

TraderSmarts Numbers for YM (U)
15812, 15704, 15689, 15654, 15626, 15614, 15583, 15568, 15542, 15532, 15515, 15505, 15489, 15471, 15448, 15434, 15418, 15412, 15391, 15377, 15365, 15345, 15330, 15315, 15287, 15279, 15265, 15252, 15241, 15225, 15206, 15195, 15175, 15161, 15153, 15136, 15121, 15105, 15086, 15072, 15057, 15044, 15025, 15016, 15011, 14994, 14984, 14959, 14940, 14931, 14924, 14909, 14897, 14884, 14868, 14852, 14818, 14814, 14798, 14731, 14721, 14683, 14662 Support / Resistance on the YM Emini Futures

YM Contract Notes: Got the test of 15206 TS # from above and then some last Thursday (and extended 400 ticks) with no test from below.  

Macro Technical View: Got the test into 14884 - 14868 as expected. Can likely start looking for a bounce. 

YM Execution/Targets Zones:
15287 Extreme Short
15206 - 15195 Highest Odds Short FTU
15072 - 15057 Range Short
14884 - 14868 Range Long 
14818 - 14798 Highest Odds Long FTD
14731 - 14721 Extreme Long 

Trade smart and trade well!

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