YM Traders

Discussion in 'Index Futures' started by volente_00, Aug 23, 2005.

  1. It looks reversing, but system said wait for confirmation....strong runs usually don't reverse without a struggle...
     
    #101     Sep 6, 2005
  2. Crude drawdown #s tomorrow may stop its correction. Prices paid at the pump are not falling. PPI & CPI numbers next week are going to blow the cover off the ball, their will be know way the fed can halt its rate increases. If they do give into political pressure that could even be worse. YM has just pulled up to its falling 20 day moving average on daily. Half of the gains today are from a 40 point gap last night.
     
    #102     Sep 6, 2005
  3. volente_00

    volente_00

    covered at 10540
     
    #103     Sep 6, 2005
  4. out at 538
     
    #104     Sep 6, 2005
  5. too much info....trade it when it goes up trade it when it goes down.....volente good sell early for me but still excellent...20 pt stop is safer but i like move to breakeven or better
     
    #105     Sep 6, 2005
  6. bigbob

    bigbob

    Just got a bulletin from IB:

    NYSE currently unavailable for trading

    Great. Time for a coffee break.
     
    #106     Sep 6, 2005
  7. volente_00

    volente_00

    you still using 15 porgie ?
     
    #107     Sep 6, 2005
  8. yes....just personally fits the system...
     
    #108     Sep 6, 2005
  9. volente_00

    volente_00

    reshorted at 562
     
    #109     Sep 6, 2005
  10. volente_00

    volente_00

    covered half at 10557.

    stop at 565 on the rest.
     
    #110     Sep 6, 2005