Friday, May 25, 2012

TraderSmarts Numbers for the YM Emini Futures - Friday May 25, 2012

Support becomes resistance and vice versa...

12545, 12559, 12577, 12582, 12610, 12618, 12640, 12696, 12723, 12738, 12757, 12786, 12800, 12822, 12833, 12857 Resistance on the YM Emini Futures

12503, 12494, 12476, 12442, 12423, 12414, 12394, 12369, 12344, 12310, 12287, 12280, 12270, 12149, 12140, 12124, 12034, 12003, 11944 Supports

Trade smart and trade well!
  
YM: 12786 - 12757 extreme short. 12568 - 12640 highest odds short FTU. 12582 - 12545 (watch 12559) range short. 12485 - 12460 range long. 12423 - 12414 highest odds long FTD. 12344, 12286 - 12266, 12149 - 12140 and 12034 - 12003 all important below.

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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