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Old 03-02-2007, 09:09 AM
kingking kingking is offline
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Unreal profit from YM on 1 March 07

The market has been votalie for the past few days so I am preparing for another wild move. On 1 March 07, YM dropped over 100 points in the premaket from previous day. At market open I notcied A/D was at -1700 and the tick was negative. Price started crwaling up some points and attempted to move its way to S1 at 12172. Around 30 second later, I showed price reverse and I went shot at 12149 (9:31) (Red arroow) because I take the chance the price will not test PP again with a 10 points of stop placement and my usual 12 points take profit. When price start dropping, I sense the flow of price is so smooth on the down side from the DOM so I make my decesion to widen my target profit by hitting the increase target button 20 points. In the next few second, price declined rapidly so I make another 3 hits on the button. Yes three hits. I expect price should move to somwhere around 12071 S2. But when price hit the S2, I still expect price to drop further. Price start retracing and I close out my trade at 12079 (9:34) for 70 points. I could not believe it. This is the reture of a single contract! Hope to see more unrealistic profit from the market.
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File Type: png YM 1 Mar 07.png (59.1 KB, 86 views)

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