2019-09-06 15h25 : we are Long as being placed two days ago, with pending Stop and Lmt orders indicated on the chart.
Action : as documented on the chart, so we are now in a Long position. Why : as seen in the pane below of the chart, indicators gave positive signs of going Long, even if the past resistances were not crossed up by yesterday's high. Risk : the cost of a possible lost remains low as presented on the chart ; to remember, that YM value is moving in a turbulent and...
Action : the stop has been activated, and that caused the 4th consecutive lost. Remark: this situation is not catastrophic when put in regard of all the profitable trades executed since the beginning of the year. Perspective : we stay positive anyway...
Action : a Buy stop has been placed on top of current three (3) Resistances with attached bracket orders, Sell stop Sell on Target. Why : the CCIOBV indicator has crossed today the down trend of lasting days. Risk : if the price stays under the near Resistance, a pull back is possible. _
No trade in place. --------- The last days have built a situation of mixed signals that caused three (3) consecutive losses ; the worst situation since beginning of the year. We are in a channel where buyers and sellers are testing each other on where to go... The main reason of not to trade is in the pane below: two very good indicators (created by Lazy Bear)...
Mixed signals in down trend waiting for a move : I did and I was trapped. Waiting for better technical indication...
2019-08-26 Sunday around 9h00 pm, we go Short with Target and Stop as placed on the chart
Stop on Long position executed. Wait for next move...
Going Long at 26257 (previous High +20), with a Stop at 25845 (previous Low -20), and a Target at 27266 (close of 07-24) - using Heikin-Ashi candles. Base on : two previous legs of Negative volume indicating a possible reversal, and Indicators (below pane) pushing for an up reversal. Risk: possible turning back down, trading Long against a down trend.
Note : using Heikin-Ashi candles. Short: closed by the Stop executed at 26007, causing a loss of 224 points. Long : being placed at H of the day +20 = 26237, with a Stop under the Low of the day -20 = 25719, and a Target at 27266. We are going Long because: - high Negative volume accumulation presented in 2 legs (august 6th and 15th) serving as a potential futur...
2019-08-16 YM stays in the middle of yesterday. More probability of a loss. But in a downtrend not broken. Conclusion : stay short with same stop and target.
Trades showed at the chart start from 19-01-04 and are based on combined information provided by technical indicators only. Trading one contract, the gain atteints 178% with 11 trades completed since the beginning of 2019. The current 12th trade is a short at 25783, with a stop at 26007 and a target at 24790.