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YTC Price Action Trader (www.ytcpriceactiontrader.com)

  #26 (permalink)

Elite Member
Netherlands
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: 6E
 
Zwaen's Avatar
 
Posts: 247 since Dec 2010
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kulu View Post
And this was my second trade for today. Not a big trade, but it offered a more than 1:4 R2R ratio at a good level (levels on levels). With these I watch price first without just jumping in. I waited and as price was trading towards the top line of the top zone, I placed my limit order.

Long posts are often better :-)
Interesting :-) But that meant you went short on the 3th touch, instead of the first ?! ( on YM 09-11)

Btw I looked at the YM 09-11 and saw I big supply level 11800-11900, dating back from august 4th.
Do you agree with that observation?

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