YM Traders

When I say gap, I am referring to if the current futures are higher than the index fromt he closing price.

Example dow closed at 10377. futures closed at 10396.
If they are 20 points higher than the previous close the next morning then the index will open gapped up according to the futures.

 

man i was long es this morning and then afterwards short ym later and stopped for a loss on both, I hate when that happens.

 

if the pattern pans out then I will cover at 10380 on the break, but my stop remains at breakeven. We could reach as high as 425 on making the right shoulder before falling.

 

Someone wanted some of that 200 points back you made on that last trade.

 

Kind of arbitrage, I guess. I noticed at the open is YM leading INDU, if YM trading higher then INDU will open higher, after open is INDU leading YM, right?

Appreciated

 

lol volente, good call

 

note dow is trying to hold its 60 min 200pd ma (not 24hr)

 

she is being stubborn but I am patient.

 

covered at 10383