Technical Trades
Technical Analysis applied to Stocks and Futures.

YM breakout!

YM-Dec27-breakout.gif

Here’s the hourly fuzzy, dudes! And it’s got some very useful stuff in it.

This is a classic example of the market doing what it wants to do, despite the TA, despite a count, despite a Vector bias, despite it all ….. it busts the resistances impulsively and it doesn’t matter if the volume is light or it makes little sense or whatever…..the market is ALWAYS ‘right”, and always has the potential to surprise. This is why stops save lives and r/r is a trader’s friend.

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