Hi Everybody,
Yesterday was tricky on the larger degree tend on the 4 US e-minis, with 3 of them not having any clear pattern, other than being up. The 15min YM, however, was at DP resistance.
Because the YM was the clearest pattern, I would have focused on the YM yesterday for 3min shorts.
But what we all have to realize is that there will be days when the pattern is unclear. When this happens either don’t trade or if you do, be more cautious....
Thanks
Steve
Yesterday was tricky on the larger degree tend on the 4 US e-minis, with 3 of them not having any clear pattern, other than being up. The 15min YM, however, was at DP resistance.
Because the YM was the clearest pattern, I would have focused on the YM yesterday for 3min shorts.
But what we all have to realize is that there will be days when the pattern is unclear. When this happens either don’t trade or if you do, be more cautious....
Thanks
Steve
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