YM Traders

nice chart, stalker

i still dont quite see the "temporary resistance"
line at 10497 when you shorted

are you mostly taking profits around 10 pts ?
are your stops and profits equal ?

thanks
esu2
 
price stopped at the bottom of a congestion area from yesterday afternoon. But i didn´t short there unfortunately, it was volente who shorted :)
 
i usually try to stick around for 20-30 points, but i chickened out for 8 points this time when i was long from 451, should´ve stayed, but thats how it is...
 
stalker
never really looked at the day before..
you are right.. there was congestion in that area..

what risk reward ratio do you usually play?

my call right now is short qmx5
and long ym.. risk $200 to make $400 on the spread
 
stalker,

not doing bad for being "new"

what is happening now with oil?
my spread call would have worked here.

time to short YM as it is hitting yesterdays high of 10520 ?
 
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