Thursday, September 16, 2010

TraderSmarts Numbers for the YM Emini Futures - Friday September 17, 2010

Support becomes resistance and vice versa...

10582, 10634, 10673 Resistance on the YM Emini Futures

10565, 10522, 10498, 10451, 10437, 10405, 10397, 10365, 10286, 10223 Supports

Trade smart and trade well!

Not seeing much change for equity. Expecting a gap and crap and close week at the lows. I could be wrong but that is what I am seeing.

YM: 10634 - 10582 highest odds short FTU. 10365 highest odds long FTD.

Wednesday, September 15, 2010

TraderSmarts Numbers for the YM Emini Futures - Thursday September 16, 2010

Support becomes resistance and vice versa...

10498, 10522, 10555, 10582, 10634, 10673 Resistance on the YM Emini Futures

10477, 10437, 10405, 10397, 10365, 10286, 10223 Supports

Trade smart and trade well!

YM: 10555 excellent spot to consider short. 10582 highest odds short FTU. 10498 aggressive short FTU. 10365 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Tuesday September 15, 2010

Support becomes resistance and vice versa...

10437, 10465, 10522, 10582, 10634, 10673 Resistance on the YM Emini Futures

10397, 10365, 10286, 10223 Supports

Trade smart and trade well!

YM: 10465 excellent spot to consider short. 10582 highest odds short FTU. 10365 highest odds long FTD.

Monday, September 13, 2010

TraderSmarts Numbers for the YM Emini Futures - Tuesday September 14, 2010

Support becomes resistance and vice versa...

10464, 10490, 10522, 10634, 10673 Resistance on the YM Emini Futures

10451, 10405, 10397, 10365, 10286, 10223 Supports

Trade smart and trade well!

YM: 10522 highest odds short FTU. 10365 highest odds long FTD.

Sunday, September 12, 2010

TraderSmarts Numbers for the YM Emini Futures - Monday September 13, 2010

Support becomes resistance and vice versa...

10498, 10522, 10634, 10673 Resistance on the YM Emini Futures

10451, 10405, 10397, 10365, 10286, 10223, 10153 Supports

Trade smart and trade well!

YM: 10522 highest odds short FTU. 10365 highest odds long FTD.

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Friday, September 10, 2010

TraderSmarts Numbers for the YM Emini Futures - Friday September 10, 2010

Support becomes resistance and vice versa...

10370, 10397, 10405, 10455, 10477, 10522 Resistance on the YM Emini Futures

10333, 10286, 10223, 10153, 10071 Supports

Trade smart and trade well!

YM: 10455 highest odds short FTU. 10223 highest odds long FTD.

Thursday, September 9, 2010

How I Handle Contract Rollover

Rollover day gives a lot of people headaches. Here is how I decide when to switch to the new contract. If I am keying off a 4 minute chart I wait until the new contract has more volume in the current 4 minute candle than the old contract - then I switch. Simple. I don't worry about which contract has more volume for the day. I want to know that what I am trading at the current moment is the most liquid.

TraderSmarts Numbers for the YM Emini Futures - Thursday September 9, 2010

Support becomes resistance and vice versa...

10330, 10362, 10405, 10455, 10477, 10522 Resistance on the YM Emini Futures

10286, 10223, 10153, 10055 Supports

Trade smart and trade well!

YM: 10455 highest odds short FTU. 10153 highest odds long FTD.

Rollover day. How I decide to switch is the following. If I am keying off a 4 minute chart I wait until the new contract has more volume in the current 4 minute candle than the old contract - then I switch. Simple. I don't worry about which contract has more volume for the day.

Wednesday, September 8, 2010

TraderSmarts Numbers for the YM Emini Futures - Wednesday September 8, 2010

Support becomes resistance and vice versa...

10384, 10405, 10451, 10477, 10522 Resistance on the YM Emini Futures

10352, 10321, 10286, 10232, 10153 Supports

Trade smart and trade well!

YM: 10384 good spot to consider short. It is also the bull bear line in the sand today. Over and holding and have to be thinking short squeeze and under and holding and have to be thinking for a move back to 10150. 10321 good spot to consider long. 10153 highest odds long FTD. 10522 highest odds short FTU.

Monday, September 6, 2010

TraderSmarts Numbers for the YM Emini Futures - Tuesday September 7, 2010

Support becomes resistance and vice versa...

10451, 10477, 10522 Resistance on the YM Emini Futures

10405, 10348, 10286, 10232, 10153, 10118, 10086 Supports

Trade smart and trade well!

YM: 10522 highest odds short FTU. 10451 good spot to consider short. 10286 highest odds long FTD.

Thursday, September 2, 2010

TraderSmarts Numbers for the YM Emini Futures - Friday September 3, 2010

Support becomes resistance and vice versa...

10303, 10327, 10377, 10455, 10477 Resistance on the YM Emini Futures

10272, 10232, 10153, 10118, 10086, 10045, 10023, 9968 Supports

Trade smart and trade well!

YM: 10455 highest odds short FTU. 10153 highest odds long FTD.

Wednesday, September 1, 2010

TraderSmarts Numbers for the YM Emini Futures - Thursday September 2, 2010

Support becomes resistance and vice versa...

10272, 10299, 10327, 10377, 10455, 10477 Resistance on the YM Emini Futures

10232, 10153, 10118, 10086, 10045, 10023, 9968 Supports

Trade smart and trade well!

YM: 10144 highest odds long FTD. 10455 - 10477 and 10327/10377 excellent areas to consider short.

TraderSmarts Numbers for the YM Emini Futures - Wednesday September 1, 2010

Support becomes resistance and vice versa...

10119, 10144, 10172, 10225, 10243, 10272, 10327 Resistance on the YM Emini Futures

10086, 10045, 10023, 9964, 9928, 9863, 9829 Supports

Trade smart and trade well!

YM: 9863 - 9829 highest odds long FTD. 10045 area to consider long on pullback. 10225 - 10243 highest odds short FTU.

Monday, August 30, 2010

TraderSmarts Numbers for the YM Emini Futures - Tuesday August 31, 2010

Support becomes resistance and vice versa...

9990, 10059, 10086, 10111, 10144, 10173, 10225 Resistance on the YM Emini Futures

9949, 9899, 9863, 9829, 9787, 9674 Supports

Trade smart and trade well!

YM: 9863 - 9829 highest odds long FTD. 10058 and 10086 excellent spots to consider short. 10144 highest odds short FTU.

TraderSmarts Numbers for the YM Emini Futures - Monday August 30, 2010

Support becomes resistance and vice versa...

10171, 10225, 10279, 10319*, 10388, 10451 Resistance on the YM Emini Futures

10144, 10106, 10049*, 10014, 9959, 9863, 9829 Supports

Trade smart and trade well!

YM: 10106 aggressive long. 10049 highest odds long FTD. 10225 aggressive short. 10319 highest odds short FTU.

Thursday, August 26, 2010

TraderSmarts Numbers for the YM Emini Futures - Friday August 27, 2010

Support becomes resistance and vice versa...

10008, 10040, 10078, 10151, 10191, 10225, 10243, 10279 Resistance on the YM Emini Futures

9863*, 9829*, 9793, 9727 Supports

Trade smart and trade well!

YM: 9863 - 9829 highest odds long FTD. 10008 aggressive short. 10040 and 10078 excellent spot to consider shorts. 10191 highest odds short FTU.

Wednesday, August 25, 2010

TraderSmarts Numbers for the YM Emni Futures - Thursday August 26, 2010

Support becomes resistance and vice versa...

10086, 10118, 10151, 10191, 10225, 10243, 10279, 10327 Resistance on the YM Emini Futures

10023, 9968, 9863, 9829 Supports

Trade smart and trade well!

YM: Viewing 10023 and 9968 as areas to consider long. 10151, 10191 and 10225 areas to consider short.

Tuesday, August 24, 2010

TraderSmarts Numbers for the YM Emini Futures - Wednesday August 25, 2010

Support becomes resistance and vice versa...

10059, 10086, 10122, 10149, 10191, 10225, 10243, 10279 Resistance on the YM Emini futures

10013, 9962, 9863, 9829 Supports

Trade smart and trade well!

YM: 10086 line in the sand for Wednesday. 9829 highest odds long FTD. 10225 highest odds short FTU. 10086 line in the sand aggressive short.

TraderSmarts Numbers for the YM Emini Futures - Tuesday August 24, 2010


Support becomes resistance and vice versa...

10149, 10179, 10191*, 10225, 10243, 10279, 10327, 10353* Resistance on the YM Emini Futures

10059*, 10023, 9939, 9863 Supports

Trade smart and trade well!

YM: 10059 highest odds long FTD. 10353 highest odds short FTU. 10191 aggressive short.


 

Sunday, August 22, 2010

TraderSmarts Numbers for the YM Emini Futures - Monday August 24, 2010

Support becomes resistance and vice versa...

10225, 10243, 10279, 10327, 10353*, 10396, 10411, 10451 Resistance on the YM Emini Futures

10181, 10141, 10104, 10059*, 10023 Supports

Trade smart and trade well!

YM: 10059 highest odds long FTD. 10353 highest odds short FTU.

Thursday, August 19, 2010

TraderSmarts Numbers for the YM Emini Futures - Friday August 20, 2010


Support becomes resistance and vice versa...

10243, (10297, 10327, 10353)*, 10396, 10411, 10451 Resistance on the YM Emini Futures

10225, 10163, 10141, 10104, (10059, 10023)* Supports

Trade smart and trade well!

YM: Try not to go into the day with a bias but thinking down. Viewing 10297 - 10353 as best short zone FTU. Will be surprised if the big DT target at 10163 is not hit Friday at a minimum. The 1069 DT target in ES was hit on Thursday. If short objective should be holding price under 10243 and then 10225 to get a flush. 10059 highest odds long FTD. 10353 highest odds short FTU.

6E Long Setup

TraderSmarts Numbers for the YM Emini Futures - Thursday August 19, 2010

Support becomes resistance and vice versa...

10396, (10451, 10477, 10509)*, 10590 Resistance on the YM Emini Futures

10317, 10277, 10163, 10141, (10059, 10023)* Supports

Trade smart and trade well!

YM: 10163 is the DT target on 60 min. 10451 - 10508 area as best/highest odd short. 10396 aggressive early short. 10059 and 10023 highest odds long FTD. 10317, 10277 earlier spots to look for long.

Tuesday, August 17, 2010

TraderSmarts Numbers for the YM Emini Futures - Wednesday August 18, 2010


Support becomes resistance and vice versa...

10373, (10437, 10451, 10477, 10508)*, 10590 Resistance on the YM Emini Futures

10317, 10277, 10227, 10141, (10059, 10023)* Supports

Trade smart and trade well!

YM: Still viewing the 10451 - 10508 area as best/highest odd short. Hopefully this time the $TRIN will not be sending contrarian signals. 10059 and 10023 highest odds long FTD. 10317 and 10277 earlier spots to look for long.

Monday, August 16, 2010

TraderSmarts Numbers for the YM Emini Futures - Tuesday August 17, 2010


Support becomes resistance and vice versa...

10297, (10394 -10382), (10451, 10477, 10508)*, 10590 Resistance on the YM Emini Futures

10255, 10227, 10141, (10059, 10023)*

Trade smart and trade well!

YM: Still viewing the 10451 - 10508 area as best/highest odd short. 10394 - 10382 a good early short FTU. 10059 and 10023 highest odds long FTD.

Sunday, August 15, 2010

TraderSmarts Numbers for the YM Emini Futures - Monday August 16, 2010


Support becomes resistance and vice versa...

10310, 10382, (10451, 10477, 10508)*, 10590 Resistance on the YM Emini Futures

10255, 10211, 10141, (10059, 10023)* Supports

Trade smart and trade well!

YM: Still viewing the 10451 - 10508 area as best/highest odd short. 10382 a good early short FTU. 10059 and 10023 highest odds long FTD.

Thursday, August 12, 2010

TraderSmarts Numbers for the YM Emini Futures - Friday August 13, 2010

Friday the 13th...

Support becomes resistance and vice versa...

10323, 10382, 10451*, 10477*, 10508*, 10590 Resistance on the YM Emini Futures

10270, 10255, 10211, 10141*, 10059*, 10023* Supports

Trade smart and trade well!

YM: Viewing the 10451 - 10508 area as best/highest odd short. 10141 high odds long FTD. 10059 high odds long FTD and 10023 highest odds long FTD. Depending on the tape and my current position (if I am short into it or not) I may pair into a long from 10059 to 10023.

Wednesday, August 11, 2010

TraderSmarts Numbers for the YM Emini Futures - Thursday August 12, 2010

Support becomes resistance and vice versa...

10333, 10382, 10451, 10477, 10508, 10590 Resistance on the YM Emini Futures

10255, 10141, 10059, 10023, 9863 Supports

Trade smart and trade well!

1090.75 was hit. If we can't buoy and hold back over 1090.75 then viewing 1061.25 as the next line in the sand. ES.

YM: 10451 high odds short FTU. 10477 also high odds short FTU. 10508 highest odds short FTU. 10141 high odds long FTD. 10059 high odds long FTD and 10023 highest odds long FTD. Depending on the tape and my current position (if I am short into it or not) I may pair into a long from 10059 to 10023.

1 2 3 Divergence Play