Wednesday, August 1, 2012

TS TradePlan for the YM Emini Futures - Thursday August 2, 2012


TraderSmarts Numbers for the YM
13243, 13165, 13125, 13104, 13080, 13067,13008, 12982, 12971, 12943, 12919, 12888, 12872, 12856, 12823, 12812, 12801, 12777, 12743, 12724, 12717, 12711, 12687, 12669, 12651, 12625, 12606, 12582, 12553, 12542, 12505 Support / Resistance on the YM Emini Futures

YM Contract Notes: Note that the Highest Odds Short is just above prior 4 days highs. Highest Odds Short is significant so expect either squeeze through (and will want to come back and test) or BIL Move and right back below prior 4 day's highs. A good area to use as a target for your longs - I think it wants tested.

Keying on ES 1345.75 TS # for bigger picture per ES Contract Notes.We have extended targets above and below.

YM Execution/Targets Zones:
12165 Extreme Short
13104 - 13080 Highest Odds Short FTU
13008 Range Short
12888 - 12873  Range Long
12856 - 12823 Highest Odds Long FTD
12651 - 12625 Extreme Long

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for YM ES 6E CL GC TraderSmarts Numbers, Contract Notes, Execution/Target Zones www.tradersmarts.net

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