YM - Big Dog Leading The Pack

YM has been frontrunning the market, with all-time highs printing on the 23rd of Feb 24 and this Fridays close being a short term high @$39,008.

$38,399 is where my interest is drawn to with $38,323 being the intermediate EQ which I aim to target.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN

코멘트:

Throughout the whole of this week, i have been fighting food poisoning with today being the day i was admitted into hospital hence the reason for a delayed update to all of the asset pairs analysed for this weeks trading. But this does not mean abandonment!

Comparing ES, NQ and YM, I can honestly say that YM is the worst out of the bunch.

I was expecting shorts to dominate this week but what we saw going into this weeks price action was NDOG, opening and closing above the prior mid week price action, above the daily liquidity void.

I was on a lookout for $38,399 - $38,323 area for shorts to capitalise off their short positions but all we got was a bunch of nothing.

If I had the option to skip YM for this week, I would take it and run with the wind!