Sunday, June 22, 2014

YMU4 - Dow - E-mini - Monday

News:

8:30, 9:45, 10:00 (vol. !!)
10:00, 11:30, 11:30 (vol.! )

Pre-market expectation: Sideways movement and downwards, chance 60%. (I think Dow is bull and now make correction, YM target can be RSI 38-45).


Monday I will work until 14:00. 

Monday, 10:47

Situation, now:


I have to rush... I think sideways movement will go (2-3 Hours) and new local minimum after that.


13:37

Sideways :)


14:31

Contratrend Trade: long 16830, stop 16820, target 16840. Top was 16839.


Stop closed 20:27 at 16832.

14:57

See comments 11:56
(I think there is a problem with the time zone, I have to check it)

15:01

Only one hour remain, I think the new low will be tomorrow.

15:07

Comment 11:56: 

 "impulse c/1-2-3-4, I think only one new local top is needed (estimate 44-50) and turn down"

New high 15:04 at 16841,

15:11

I am playing:) 

15:27

YMU4 close price forecast: 16842+-5 point

16:16

High at 51, close at 39 :)



Daily summary:

Pre market expectation: It was good, without sideways movement, YMU4 eased off, as expected. I wrote a mention at 10:47 'sideways movement next 2-3 hours' was right thought  (without new low). 
My forecast 'the new high between 44-50' was good enough, the high was at 51... and my close price prediction so good :)

Trading: Unfortunatelly I worked until 13:30, I had no chance to trade. I have only one trade, my target price was 16840, the YMU4 turn at 39. My stop close my position with min. profit. 
My target develop my trading, I believe I am on a good way.

6 comments:

  1. I believe my target price was good, the market will reach it in a few second

    ReplyDelete
  2. impulse c/1-2-3-4, I think only one new local top is needed (estimate 44-50) and turn down

    ReplyDelete
  3. Gyors kör! Vagytok? Mindenkit elért az info?

    ReplyDelete
  4. Time zone has change (from pacific to central )

    ReplyDelete