My educated guess is YM is poised to break upwards

It went for the lower trend line and bouncing
Triangle working like magic

We are out of the big triangle and travelling up.

I am expecting a break of the down trend line and goto R1 at 331 high probability, R2 at 400 low probability

Thanks for posting your experiences trading YM.

I am wondering how you chose to trade it. What are the advantages and drawbacks you have found trading it? It seems to have the volatility and volume and the margin requirement is a bit lower than the ES - leaving more room to trade.

I am a newbie and am looking at getting trading experience first with the YM. All my trading prep is based on that plan. I have seen recommendations for practicing the the M6E, but, from what I gather it is busiest when I should be sleeping.

bump. I would enjoy hearing more on the YM as well. Thanks,

i do not know why more people do not trade the ym. they should ..it trades in 10-ths less slip-age..not has many stop hunting algos..the price does not leak through levels as bad as the es.. only 30 stocks so you can use a heat map easy// the stocks are traded by humans more so..so the index trades more stable ..