Friday, October 19, 2012

TS TradePlan for the YM Emini Futures - Friday October 19, 2012

TraderSmarts Numbers for the YM 
13740, 13701, 13666, 13623, 13582, 13566, 13559, 13541,13532, 12509, 13487, 12468, 13457, 13442, 13422, 13404, 13397, 13361, 13344, 13314, 13295, 13277, 13253, 13236, 13228, 13205, 13182, 13152, 13125, 13107, 13083, 13067, 13038, 13031, 12950, 12870, 12809, 12801, 12774, 12672 Support / Resistance on the YM Emini Futures

YM Contract Notes: Doji on daily Thursday. No change in Execution/Target Zones. 13361 big picture LIS. 13468 - 13457 LIS Friday as well. Above 13468 and holding and will likely want to test into the Short Execution/Target Zones. Notice the Short Zones are compacted. Extreme has shrunk in light of the move we just had. Above 13566 and each TS # is significant - expectation is only unexpected news or similar would give it the energy to test higher. If we hold under 13457 then it is possible we make new lows into 13182 - 13152 with 13083 - 13067 extended target.

YM Execution/Targets Zones:
13566 - 13559 Extreme Short
13541 - 13532 Highest Odds Short FTU
13509 Range Short
13404 - 13397 Range Long
13364 - 13359 Highest Odds Long FTD
13182 - 13152 Extreme Long

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

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