review /ym 7/23

Let us review our trading plan for 7/23

1. We like playing the gaps on the /ym. Our plan was a conservative one due to the size of the gap (>40) but we still managed to collect 16pts on a half gap fill and took almost no heat on the trade.
2. Once we exited the trade we saw it continue downward and eventually fill. Cant win them all. 
3. This gap filling creates another great trade opportunity. Fading gap fills is a play I like to take especially during an uptrend. Remember we said we like trading with the trend. With a target set at the top of the gap we were able to net roughly 40 pts again with minimal heat.
4. Now if you noticed we can see that at our R1 level TTM stayed blue as it tested this level. This is another play that could have been done with a limit of either the days high or R2. This was not in the trading plan but still worth noting.
5. 2 trades-Net total: 56pts