YM Trades

ym futures statistical odds, buy the dip

ymstatsymtradesStats ended up slightly wrong today, but I still managed to make money. 61% day trading odds of closing above the open, I got long on a small dip and exited on a huge spike. Notice I have a pattern of missing large run ups due to my VSA exiting criteria. Half of the time it will protect me from losses as well.

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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.

ymnq

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