The Dow eMini (YM) is a very popular chart to trade with many CPT Members trading it, as we do in the live traderoom.
The Dow eMini (YM) is a very popular chart to trade with many CPT Members trading it, as we do in the live traderoom. January, as you know if you’ve been following the markets in the news, has been a pretty rocky month with lots of ups and downs in the market. Despite that, our YM tradeplan, with our 377 tick chart is UP for the year.
- This week it ended strongly as well, winning 4 of the 5 sessions.
- Today it was one and done, hitting its goals in the very first trade which lasted 17 minutes, hitting all three targets and trailing for even more.
- In fact, the YM has won 32 out of 38 sessions so far this year, for an 84.2% win rate. This should come as no surprise as we saw this all throughout 2015 as well.
- Dow eMini won 8 out of 11 trades this week
- Target 1; + 48 points
- Target 2; + 40 points
- Target 3; + 66 points
- Trailer; + 86 points
Here is Today’s Dow eMini 377 Tick Chart trade that hit all our goals and finished the session in just 17 minutes. Time to enjoy the weekend