TRADERSMARTS: TS TradePlan for the YM E-mini Dow Futures

Sunday, September 28, 2014

TS TradePlan for the YM E-mini Dow Futures - Monday September 29, 2014

TraderSmarts Numbers for YM (Z)

17434, 17357, 17303, 17278, 17269, 17242, 17206, 17176, 17163, 17145, 17127, 17113, 17097, 17061, 17049, 17037, 17018, 17007, 16992, 16966, 16928, 16921, 16909, 16898, 16883, 16812, 16781, 16750, 16733, 16725, 16616, 16579, 16567, 16536, 16532, 16496, 16234 Support and resistance on the YM E-Mini Futures.

YM Contract Notes: 17037 - 17018 TS # Zone is LIS Monday.

Macro Technical View: Keeping equity trades intraday only w/ no directional bias

YM Execution/Targets Zones:

17303 - 17278 Extreme Short

17127 - 17113 Highest Odds Short FTU

17061 Range Short

16966 Range Long

16750 - 16733 Highest Odds Long FTD

16579 - 16567 Extreme Long

Trade smart and trade well!

Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Friday September 26, 2014

Prior Day Review: ES TS TradePlan Chart for the E-mini S&P-500 Futures - Friday September 26, 2014

Prior Day Review: CL TS TradePlan Chart for Oil Futures - Friday September 26, 2014

Note about the oil chart above. We had long bias Friday. From TS TradePlan Contract Notes: "Expecting further upside Friday but remaining nimble. Over and holding 92.05 MTS # and will want to test 93.50 - 93.69 MTS # Zone". The above chart is the perfect example of using an Execution/Target Zone as a TARGET which often gets lost... some only see Execution Zone. We longed Range Short on test from above and used 93.69 MTS # as eventual target. Knowing where price likely wants to go is just as important as knowing where to enter. See below same chart with notes.

Prior Day Review: CL TS TradePlan Chart for Oil Futures - Friday September 26, 2014