Quick prep the YM is at macro resistance. I'm looking for shorts down to 12820 area and then I will wait to see if we break or hold. The 12800 area is the line in the sand today.

The YM almost turn at my line in the sand today. My prep and entries were good but my exits’ trading a single contract was not. I'm still a little under the weather so I'm trading one unit, but the thing I am also learning with one contract is how to extend my first exit. In the past I have taken my first target to soon and missed out on larger profits. My new rule when trading a single lot or first target is to wait for a change in the recko bar after we reach or move close to (% or ticks) 1st target. I have a great example today of not exiting..

The YM is in correction mode. I'm watching two areas for exits if short and entries long if they hold, 12766 and 12686. Keep shorting until these areas’s hold.

The YM has moved to full volatility of the last action leg over night. With this in mind I will be looking to go long if we pull back around 12700-12690 area. There is a small area at 12750 that could hold and keep the YM moving up, but that is almost to large of a move in a day. If 12750 breaks we could take shorts down to 12690-12670.