Thursday, July 31, 2014

TS TradePlan for the YM E-mini Dow Futures - Friday August 1, 2014

TraderSmarts Numbers for YM (U)
17192, 17128, 17114, 17071, 17050, 17041, 17022, 17015, 17002, 16985, 16972, 16955, 16942, 16933, 16924, 16907, 16898, 16888, 16862, 16858, 16844, 16833, 16810, 16794, 16777, 16757, 16749, 16728, 16718, 16696, 16687, 16670, 16658, 16642, 16630, 16625, 16611, 16604, 16582, 16566, 16545, 16510, 16495, 16462, 16437, 16432, 16412, 16403, 16380, 16372, 16347, 16329, 16289, 16264, 16200, 16170 Support and resistance on the YM E-mini Dow Futures

YM Contract Notes: Still favoring shorting bounces keyed to Execution/Target Zones. 16566 TS # is LIS Friday. A whole slew of data Friday morning including NFP.

Macro Technical View: 16777 is Macro LIS. 16985 MTS can be used for macro positioning. <<< last done on Tuesday. 
YM Execution/Targets Zones:
16777 - 16757 Extreme Short
16670 - 16658 Highest Odds Short FTU
16611 - 16604 Range Short
16437 - 16432 Range Long
16403 - 16380 Highest Odds Long FTD
16200 Extreme Long


Trade smart and trade well!

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