YM Traders

Discussion in 'Index Futures' started by volente_00, Aug 23, 2005.

  1. Good Morning, Vol.
    Yes, I saw your post on the long at 676, and I good call it was!
    Now we've been up 40 points from there (716), and retraced 25 to 691. Or perhaps the 25 points down to 691 wasn't a retracement...perhaps it's the direction we're in now, meaning we go short around 701?
     
    #4261     Jan 23, 2006
  2. FORD - better than expected earnings.
     
    #4262     Jan 23, 2006
  3. volente_00

    volente_00

    I am not bearish on this monday after last week but we could still fall 60 point on the dow before a good bounce. Short seems to be a high risk play today.
    rule of 20

    716-20 =696


    so far we bounced from here a tad. The small gap under us could fill back to 684 once the cash opens.
     
    #4263     Jan 23, 2006
  4. buzz

    buzz

    I'M in the chat room but no porige done 1 trade so far on the YM for 10 points,
     
    #4264     Jan 23, 2006
  5. I didn't think porgie would show.
     
    #4265     Jan 23, 2006
  6. buzz

    buzz

    I can see why porgie did not tern up, nobody trading the YM in the room they all talking shit, I was in there to help but why,im out of there. done 2 trades live.

    1 short 10703 out @ 10693 2 lots

    2, long 4lots 10709 sold 2 lots @ 10722 and let the other 2 run, to target 10740 or at my entry price.
     
    #4266     Jan 23, 2006
  7. are you stopped out at b/e on the last two?
    congrats on a profitable opening, buzzman.
     
    #4267     Jan 23, 2006
  8. buzz

    buzz

    Hi joe

    Yes got stop out at break-even on the last trade but covered 2 lots @ 10722 form long 10709

    so i had 2 lots on the first trade for 10 pips and 2 lots 13 pips on the 2nd trade.

    the 2 above trades starting with 4 lots.

    Although the long is back on from 10714 target 10740 stop 15,,but im out of the chat room now..there are some idiots in there
     
    #4268     Jan 23, 2006
  9. how do I get into the chat room?
     
    #4269     Jan 23, 2006
  10. buzz

    buzz

    Joe just click on on top of the home page

    The 3 rd trade hit the target of 10740 form long 10715

    total 48 pips all live calls on the YM..for today. I kept my word porige, why didt you show up.
     
    #4270     Jan 23, 2006