Scalping on the YM emini, and knowing when to exit!

As always, it’s the fundamentals and politics which provide the backdrop and with bond yields falling, the overall picture is one which is not positive for risk assets, and as always it’s a case of trading what you see on the chart, and not what you may think.

In this session we focused on the YM emini with patience required as all the faster time-frames oscillated around the volume point of control with no direction. However this patience was rewarded with a solid move to the downside, and one which yielded a nice trend as the index broke away from the VPOC only to be brought to a halt with the volatility indicator – a clear signal of congestion to follow and time to exit with our profits.

About Anna 2015 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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