I'd like to short some size into the YM at these levels. Everything screams overbought, what scares me is that everyone else is looking to go short. Something just does'nt feel right with the recent market action. How much did you start with in your Forex account? I trade the futures especially the EUR. Waiting for it to break below 1.1775 to go short.
Is it me or has YM been acting funny lately ? What had been about 10 point variation from cash has now turned higher here lately.
Rickshaw, This was a pretty good entry. Do you use some Support/ Resistance/ Fib, etc. calculations for your entries or do you just eye-ball the chart? Thanks.