Daniel Mankani "DynamicTrader – Trend Trading Dynamics" Trading for a living, systematically profiting from longer term trends.

10Jan/12Off

Last 12405 1287.25 Key support now comes in…

Last 12405/1287.25

Key support now comes in at 12377/1284, A close below is required to confirm our trade, determining factor for keeping it overnight. Stops at break even.

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10Jan/12Off

Last 12400 1285.50 Stops Placed Now let it…

Last 12400/1285.50
Stops Placed. Now let it ride.

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10Jan/12Off

WE are still hanging in there but the…

WE are still hanging in there. but the consolidation displays weakness or a tiring market. Break of 1286 is needed and 12400 on YM. Calling a top is far harder in fake markets.

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10Jan/12Off

Before todays upmove the market had been like…

Before todays upmove, the market had been like dead, first good intraday move of 100pts on YM for the first time this year, volatility is possibly coming back, I would think the down leg should start downwards today and make a low by next week monday. For the monthly options expiry, elephants trumphet once again. Short the dow march futures at 12445 region. ES hasn't been to deliver any better edge, YM looks good to me.

Break of 1290 ON ES March, will prove some headaway into possibility of this scenario and deliver a minimum of 1270 on ESH2 and 12300 on YMH2. A good plan and a trade.

Last 12426/1289
The Dollar is also rising on the down move. This looks good so far, would like to see 12400 clear to the downside on YM and ES should clear 1286, then some confirmation can be given as evidence for this trade.

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3Jan/12Off

ES YM testing earlier lows Break below signals…

ES/YM testing earlier lows. Break below signals a short term top, Possibly consolidation, possibly breakthru, best guess, the dow/sp could close modestly higher. Not substantially higher, with this near term breaks. Levels 1270 ES /12325 YM

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