Wednesday, August 21, 2013

TS TradePlan for the YM Emini Futures - Thursday August 22, 2013

TraderSmarts Numbers for YM (U)
15812, 15704, 15689, 15654, 15626, 15614, 15583, 15568, 15542, 15532, 15515, 15505, 15489, 15471, 15448, 15434, 15418, 15412, 15391, 15377, 15365, 15345, 15330, 15315, 15287, 15279, 15265, 15252, 15241, 15225, 15206, 15195, 15175, 15161, 15153, 15136, 15121, 15105, 15086, 15072, 15057, 15044, 15025, 15016, 15011, 14994, 14984, 14959, 14940, 14931, 14924, 14909, 14897, 14884, 14868, 14852, 14818, 14814, 14798, 14731, 14721, 14683, 14662 Support / Resistance on the YM Emini Futures

YM Contract Notes: Got the test of 15206 TS # from above and then some last Thursday. Again big target hit to downside (and extended 400 ticks) with no test from below.  

Macro Technical View: Can likely expect continued down into HOL FTD at 14884 - 14868 TS # Zone. << Done starting to consider swing longs. 15206 TS # hit from above. 

YM Execution/Targets Zones:
15206 - 15195 Extreme Short
15072 - 15057 Highest Odds Short FTU
14931 - 14909 Range Short
14818 - 14798 Range Long 
14731 - 14721 Highest Odds Long FTD
14662 Extreme Long 

Trade smart and trade well!

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