YM Traders

[Rickshaw Man]

Out 19 point gain minus commission = 18 point gain. pretty cheesy but ill take it.

 

[wee man]

Quote from joeyata1:

did quick shut down the ym board? lmao

what mean you?

 

[jzlucas]

Quote from wee man:

what mean you?

quicktrader had a YM room on Paltalk

 

[joeyata1]

luckas did he close it i don't see it

 

[Rickshaw Man]

YM showing divergence in 1 hour chart

 

[Trader5287]

Quote from blackguard:

to the board: Im taking a break for a few weeks until after thanksgiving and will resume posting after that.

still looking for capital to trade my sysyem with. I need enough capital to trade about 100 to 200 YM contracts and be able to hold these contracts overnite.

if anyone is interested PM me and we can talk.

my stats:

12 trades

10 wins 607 points
2 losses 24 points

highlights:

largest drawdown 50 points
longest holding time 48 hours
average pt gain per trade: 60+
minimum market exposure
trading costs minimized

sincerely,
blackguard

 

[jzlucas]

Quote from joeyata1:

luckas did he close it i don't see it

Im not sure. I havent traded in the last few days so I havent checked.

 

[mhashe]

Quote from Rickshaw Man:

YM daily chart. again volume on the leg up sure is weak.

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.

 

[volente_00]

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.

 

[LMeyers]

Quote from Rickshaw Man:

Long 1 lot @10571 stop 10560

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.