Day Trading 2022-07-01 M2K, 1 contract, by 15 minutes period Each point value represents 5$. 1) Before 9h30, the signals at the bottom are trending up, positioning a Buy at the open. This trade is closed under the Bollinger High Band.It is providing a move of 13.8 points * 5$, for a winning trade 69$. 2) The second trade is a Short ignated by the inversion...
Short trade on 3 contracts of MYM continuing from previous post: - If stopped, a lost of -231$ will be done - If Lmt is reach, a gain of +2159$ will occur
Take a Short position on MYM - General Bearish trend - Breakdown at open on 9h30 - Stochastic-RSI trending down
2021-09-27 19h15 - A SHort idea is propsed with it's bracket orders 2021-10-01 - Stop order lowered into profit zone on 4344.00 for a protective profit of: . 4404.00 (Short) - 4344.00 (Stop) = 60 *5.00$/point = +300.00$ - Lmt order standing around Ma200 at 4095.75 for a Target profit of: . 4404.00 (Short) - 4095.75 (Lmt) = 308.25 * 5.00$/point = +1541.25$
2021-09-27 19h15 A SHort idea is propsed with it's bracket orders
In English and in French _________________________________________________________________________________________________________________________________________________________________________ MYM review as of September 24, 2021. The MYM is striking at this time against a zone of strong resistance combining several factors: - the moving averages...
Trend is down. So a short is indicated. Indicators are again in trending down situation... we'll see! The MYM , existing less than a year, has no support nor resistance below its actual low. So the MYM downside target has been placed at an approximative equivalent of a Resistance noted downside in the YM! that is existing since many years.
We see for the Dow Jones Index and its derivative like MYM, and others, a rebond has been forming just before 16h00, March 11th.
Buying at 18h50 on March 9th, the Micro E-mini-Dow based on extreme Market falling down where often rebond is happening... Let see !
Indicators in the pane below favoring a breakdown to induce a Short that is now waiting.
MYM, the Future Micro E-mini-Dow in day trading For a good practice in real time with the Future of the Dow Jones Index, without risking a lot of money, use the MYM instead of the YM. Day trading of this product can be done with an amount of as low as 100$. Select the current contract as of today, the MYMH2019 (March contract of the Micro E-mini Dow) Try...
2019-09-18 16h30 Action : entering in a Short position Why : oscillators in overbought conditions with breakdown tendency Risk : with Fed rate announcement it's always a risk to take a position at the same moment
2019-09-16 Our winning Sell Stop has been executed yesterday night at 18h00. We have no further action to get in at this time.
2019-09-12 23h00 - always on a Long position. Action : our active target (Sell Limit) has been removed. Wh y : target order removed because our Stop (at profit) is near the recent target; now, if YM value continues upward, les it go and see. Risk : no constraint at this point.
Action : 2019-09-12 12h30 Stop pushed higher in the profit zone. Why : the YM value came near our Target without crossing it, then retraced back ~ 100 points. Risk : if not too much greedy, it's good to hoist our Stop at today's low minus 20 points, thus protecting our accumulated profit.
Action : the sell Stop has been pushed higher in the profit zone. Wh y : the YM value passed thru the mini resistance that was installed in the last days. Ris k : if we get out too soon, we may missed a good move upside.
Action : our position stays Long and today the Stop has been placed higher, in the profit zone. Why : the buying volume quantities of the last three days are slowing; the YM value uptrend shows some difficulty; the CCI (orange line) in the pane below has gone in the overbought channel; but the OBV (green/red line) in the pane below maintains its uptrust; so......