am tradin' ym often lately'n'have been surprised by da results, but ya, wudn't choose it over stocks as main instruments...easiest plays imo are when fomc or bernie speaks out, plenty of vols'n'momentum'; prob is with ib now [or cbot?], waaay too many delays'n'missin' fills...today cudn't make it work..not an order went trough in time, r0r.
YM Traders
- Thread starter volente_00
- Start date
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Baifriend;
you are right on trend=friend
Other helpful factors would be some hourly candles confirming;
trend is still trend for previous days. Daytraders have to
not late enter big extend--ed trend
And even when most all the trends are in favorably in one direction;
11377 uptrending to 11477 could be very much extended for a YM 60 or 120 minute candlechart[ daytrader,] even when above 20 period moving average.
In other words 120 minute candle didnt even do that ex--tended trend ,open to close thursday
Fed day.
Same for downtrends; & didnt even do that well on 4-27 Fed day 120 minute moves.
This 7 month trend looks real tired.
Short Selling YM into Strength - 11444 - Stop 11450 Day High - Target - 11422 area for Support - Stopped Out - Those sneaky little !@#$%^& - Why I ought a...:eek:
one of the best gifts mkt ever gave me this pm...... so sweet.
(I was loaded to the short side from Friday)
(I was loaded to the short side from Friday)
Quote from lilduckling:
one of the best gifts mkt ever gave me this pm...... so sweet.
(I was loaded to the short side from Friday)
interesting, post your P/L like I do everyday on my thread my minitrading. Just posting your calls here without any proof at all is silly.
http://www.elitetrader.com/vb/showthread.php?s=&thread=67537