Nickajack Creek Trading Co., Inc.

Support and Resistance Day Trading

December 6th, 2007

12/07/07 Daily Support and Resistance

Here are the daily support and resistance for the YM, ES, and 6E (Euro futures):

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December 6th, 2007

12/06/07 YM Trades

I did not trade the methodology today.  The market moved up from the open to the close.  Any long trade given enough time (and a wide enough stop) would have made money today.  It did not look like an trending day until after 2pm EST when the YM took off to the upside.  I had to check the economic calender because I thought maybe there was a Fed announcement today but it turned out not to be the case.  I’m not sure what moved the markets this afternoon.  Below is a snapshot of the trade setups for reference.

12/06/07 YM Trades

December 6th, 2007

12/06/07 Daily Support and Resistance

Here are the daily support and resistance for the YM, ES, and 6E (Euro futures):

Read the rest of this entry »

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