YM Trades

YM buy the dip statistical odds trade

ymstats ymtrade


Statistical odds for the YM futures were bullish with 60% chance of closing green. I waited for the market to drop a bit according to my intraday VSA rules and got long. I exited when I saw a large range spike, thinking the market would come back a little before moving forward. That was pretty dumb of me, but at least it’s a profit.

YM gap fill trade and nq odds

Stats for the morning trade was bullish, signaling a gap fill for the NQ and the YM. I usually don’t trade all my stats, there really is no point to since most of the indices are highly correlated and I can make up for it by using size. Today I chose the YM over the NQ because it was a bit more bullish. Based on the YM’s configuration of the past few days, it had a 70% chance of closing above previous lows in addition to the gap fill. I took the long a few minutes after the open and exited just before the gap filled.