These are real trades in real time with real money on the line. My goal is to share my real trading life. How I'm entering, managing, and exiting real swing trades. Sharing tactics, trade-offs, and emotions. A "swing trade" is a multi-day trade. I hope to educate traders who started their journey after I did. I also hope to meet some new friends.
Tuesday, January 9, 2018
Possible YM Futures Resistance Update 1
At 11:45am ET the YM Mar futures chart is at 25,362. So we've entered the expected range I gave in the previous post of 25,350-25,450. After this 3rd upward leg of three on the daily chart, I'd anticipate either several days of sideways action or a quick rejection of this level within 1-3 days.
Of course anything can happen, and the chart looks very strong. But I'm being cautious here.
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