5Pillars, That 11592 on the YM was the high volume area yesterday so I think that's the big # to look for today. I also use MD and saw heavy...
out of the YM for 5 ticks, just didn't feel like it was going anywhere. Gary, I'd love to hear more about how you come up with your S/R...
long YM at 11445
covered for +3 ticks, was looking for a quick move to new lows and when it didn't happen and 1306.50 held on ES I bailed.
Taking a short at 11430
Yeah, I'm leaning here on the short side too. The top of the previous trading range in YM is 11410 which is about 25 points away so that may be a...
Looks like we have a triangle pattern setting up here in the YM, gotta be a pretty good move coming out of it in either direction. The big...
I agree with those posters saying that stops are critical in trading these futures. At least for me it took a little while when I first started...
I'd like to post a quick reply on how I do money management, just adding my input here quickly. I usually just use a fixed percentage of my...
Thanks romik, I hope that the rest of your trading day goes well. I'm off to rest up during the weekend for fall trading starting on Tuesday. I...
I wanted to post this for all the YM traders. Using some more of the tips that I've learned from this thread, I set up a nice channel that the YM...
Looks like the first attempt at 11418 on the YM was rejected pretty quickly by the sellers this morning, that's twice so far in two days. We might...
I agree, I think it definitely helped to learn to trade first by trading stocks. Let's see if this YM get's above the big resistance at 11418 today.
Gary, Sorry for not answering your question until this morning but I went to bed right after I posted that pennant last night. I did take it...
Gary, While we're talking about flag/pennant patterns I thought I'd share one from a couple days ago that I thought was just perfect. There's a...
covered at 11377 per 4re's exit strategy that he has helped me with
short the ym here at 11388 with a real tight stop, looking for a quick pop down.
Gary, Since you're the resident expert on pennants and I'm still getting used to spotting them I wanted to ask you what you thought of the one...
romik, I figured that's what you'd be doing with your position size. This is what I do with stocks all the time when I get a really good setup...
romik, So when you see a situation such as today develop, do you alter just your exit target or do you also alter your position size to take...
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