Tuesday, May 22, 2012

TraderSmarts Numbers for the YM Emini Futures - Wednesday May 23, 2012

Support becomes resistance and vice versa...

12442, 12476, 12494, 12503, 12545, 12559, 12577, 12581, 12610, 12618, 12640, 12658, 12696, 12723, 12738 Resistance on the YM Emini Futures

12414, 12394, 12363, 12346 - 12342, 12310, 12287, 12280, 12270, 12140, 12034, 12003, 11944

Trade smart and trade well!
  
YM: 12658 - 12640 extreme short. 12581 - 12545 highest odds short FTU. 12503 - 12494 range short. 12346 - 12342 range long. 12287 - 12266 highest odds long FTD. 12034 - 12003 extreme long.

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. 

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