Wednesday, May 2, 2012

Updated TraderSmarts Numbers for the YM Emini Futures - Thursday May 3, 2012


Support becomes resistance and vice versa...
 
13204, 13224, 13239, 13255, 13273, 13292, 13311, 13333, 13362, 13389, 13429, 13434 Resistance on the YM Emini Futures

13186, 13171, 13138, 13109, 13086, 13065, 13056, 13036, 13018, 13011, 13003, 12989, 12965, 12949, 12914, 12903, 12885, 12857, 12822, 12786 Supports

Trade smart and trade well!
 
YM: 13429 extreme short. 13331 - 13311 highest odds short FTU. 13273 important FTU. 13239 - 13224 range short. 13186 - 13171 range long. 13186 acting more like an immediate LIS but range long as long as we are above. 13065 - 13056 highest odds long FTD. 12989 and anything below is extreme.

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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