YG and how to trade it?

Discussion in 'Metal Futures' started by lukek83, Sep 6, 2011.

  1. lukek83


    Been mildly unsuccessful trading YG. I trade based off of 5 minute trend lines usually profit take at 15-20 pts with commissions averaging 3 pts per trade. Stop loss is set for 50 pts. I know but pretty much sucks, so thought I get some pointers.
  2. 15-20 cents or dollars?
  3. lukek83


    I mean between $49.8 and 66.4 dollars per trade with commissions being 3.50/each. 1 point/tick is 3.32. I know the risk/reward is wack.
  4. Good Heavens this thing moves like the Russell!
    Kewl stuff, thanks for posting, had to look into it... and I might have found a new Mkt to trade.
  5. luke skywalker,trade for dollars not for ticks,son!
  6. Lucrum


    If I'm not mistaken many years ago YG was the ticker symbol for the $2 per tick mini-DOW futures contract traded on the CBOT.