Monday, March 31, 2008

YM (Mini-Sized Dow) Analysis - 03-31-2008

Mini-Sized Dow JUNE 2008 (3 Minute Bars)

Thursday, March 27, 2008

YM (Mini-Sized Dow) Analysis - 03-27-2008

Mini-Sized Dow JUNE 2008 (3 Minute Bars)

More to come!

Tuesday, March 18, 2008

YM (Mini-Sized Dow) Analysis - 03-18-2008

Mini-Sized Dow JUNE 2008 (10 Minute Bars)

Mini-Sized Dow JUNE 2008 (3 Minute Bars)

Monday, March 17, 2008

YM (Mini-Sized Dow) Analysis - 03-17-2008

Mini-Sized Dow JUNE 2008 (10 Minute Bars)

Mini-Sized Dow JUNE 2008 (3 Minute Bars)

Friday, March 14, 2008

YM (Mini-Sized Dow) Analysis - 03-14-2008

Mini-Sized Dow JUNE 2008 (10 Minute Bars)

Mini-Sized Dow JUNE 2008 (3 Minute Bars)

Monday, March 10, 2008

High Probability Trade Setups

Consolidation / Trend Reversal
Triple RSI Bear/Bull Divergence in Overbought/Oversold Areas
RSI H&S/Inverted H&S in Overbought/Oversold Areas
RSI Bear/Bull Divergence in Overbought/Oversold Areas

Trending
Bull/Bear Trend/Swing Setup
(21 EMA Pullback, Entry at 9 EMA/Bounce off Trend Force Line)

Floor Trader Daily/Weekly Pivot Points/Previous Close/High/Low

YM Trades/Risk Management

YM - Mini-Sized Dow Futures Contract

Trade/Risk Management
Initial Stop: -20 to 25 Ticks (approx 10% of Daily ATR14)
Profit #1: +5 Ticks (Mechanical Exit Profit of $25)
Profit #2: +10 Ticks (Mechanical Exit Profit of $50)
Profit #3: +25 + Ticks (Discretionary Exit "Runner")

Minimize Risk with Protective Stop at Break-Even or -10 Ticks when Profit #2 is Filled (Discretionary). Move Protective Stop to "lock-in" Profits based on candlesticks and/or Parabolic SAR (Discretionary). Monitor shorter time-frame chart for potential reversal.

YM 3 Lot Long/Short
Initial Risk (Stop -20): -$300
Risk at Profit #1: -$175
Risk at Profit #2: None (Minimum $25 Gain or $75 Gain)