Thursday, February 20, 2014

TS TradePlan for the YM Emini Futures - Thursday February 20, 2014

TraderSmarts Numbers for YM (H)
16370, 16355, 16284, 16236, 16214, 16205, 16154, 16139, 16112, 16096, 16067, 16058, 16038, 16026, 16018, 16005, 15990, 15977, 15959, 15950, 15936, 15924, 15902, 15893, 15875, 15857, 15833, 15827, 15823, 15812, 15787, 15778, 15763, 15732, 15722, 15711, 15696, 15687, 15656, 15625, 15616, 15600, 15575, 15562, 15540, 15522, 15510, 15484, 15468, 15428, 15417, 15395, 15353, 15292, 15275, 15255, 15240, 15201 Support and Resistance on the YM E-Miini Futures

YM Contract Notes: We may get one or two more days of up but favoring picking a spot to stalk short for swing basis. <<< Wednesday high may have been it. 

Macro Technical View: 15275 - 15255 CIT target below. Stopped 1 tick above CIT target and reversed up. Search for sellers immediate but will be surprised if the 15276 low is not tested prior to swing highs. 

YM Execution/Targets Zones:
16284 Extreme Short
16214 - 16205 Highest Odds Short FTU
16067 - 16058 Range  Short
15936 - 15924 Range Long 
15833 - 15823 Highest Odds Long FTD
15722 - 15711 Extreme Long 

Trade smart and trade well!

TS TradePlan Chart for the E-Mini Dow (YM) 25 min until FOMC Minutes - Wed Feb 19, 2014
TS TradePlan Chart for Oil Futures (CL) - Wed Feb 19, 2014
TS TradePlan Chart for Gold Futures (GC) - Wed Feb 19, 2014

Would it help if you knew what the market was likely to do in advance? 


TS TradePlan (Daily Trade Plans for ES YM 6E CL GC) 

TS Trades (Precise Trade Alerts / Relevant Market Commentary)


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