Trade Summary Jul 28, 2011

Short 2 NQ 2370.75, 2372.5, +0.5, +4.0
Short 1 TF 801.2, +1.1
Short 2 TF 803.1, 803.9, -0.2 -1.0
Short 3 TF 804.2 804.2, 804.1, -0, +0.9, +0.6
Short 2 NQ 2379.25, +2.5, +4.0
Long 1 TF 802.1, +1.0
Short 1 TF 804.8, -0.3
Long 1 TF 801.5, +2.0
Total NQ +11.00
Total TF +4.1

Tue, Jul 19, 2011

Short 1 ES 1313.0, -1.25
Short 1 TF 826.0, +1.0
Long 1 YM 12446, -0
Short 2 NQ 2382.5, 2383.5, -0, -1.0
Short 2 TF 827.5, 823.3, -0.1, -0.3
Long 1 TF 826.5, -0.6
Long 1 TF 826.1, -0.6
Long 1 TF 825.3, +1.1
Long 1 TF 823.1, +0.7
Short 1 TF 830.7, -0.4
Short 1 TF 831.7, -0.6
Short 3 TF 832.4, 832.9, 932.6, -0, +.6, +.9
Total ES -1.25
Total YM -0
Total NQ -1.0
Total TF +1.7
Many traders participate in what's commonly referred to as the 'Gap Close' play. That is, they expect when the market gaps up or down to fade that action anticipating price to return to the previous day's Close. There are many triggers for this trade, but most entries come with price reversal after 5 or 10 minutes have elapsed. Using futures instead of stocks, I find the 'Gap Close' trade inconsistent at best. Instead, I look for a full structured move in the wave patterns that appear with data starting at 9:30am, regardless of whether it trades
back in the direction of the gap, or trades with that gap direction. Serial Sequent is a wave analysis method unlike that of Elliott Wave, and is the single most accurate way to determine potential reversals I've ever encountered.

Mon, Jul 18, 2011

Long 2 TF 818.2, 817.7 -1.0, -0.0
Long 1 NQ 2338.5, -2.5
Long 2 TF 813.9, 813.8, +1.0, -1.0
Long 1 TF 812.9, -0.6
Long 1 TF 812.8, +1.9
Long 1 TF 811.6, -0.5
Short 1 TF 814.0, +2.0
Long 1 TF 809.5, -.1
Long 1 TF 808.8, +1.8
Short 2 TF 813.1, 812.7, -1.0, -1.0
Short 2 TF 814.7, 814.7, +1.0, +1.2
Short 1 TF 813.0, -0.6
Total NQ -2.5
Total TF +4.1
Maybe it's the crisp way the market tends to bounce off support / resistance numbers, and the way reversals come more sharply, but in general my trading
results tend to be far better in the 1st frame of the day from 9:30am to about 11:15am, than at any other time later in the day. I generally don't trade in
the midday session at all. The last frame, from the 2:30pm Transition Time until the close can produce results similar to the AM frame, but often does no better than the midday.

Wed, Jul 13, 2011

Long 1 TF 835.1, +1.0
Short 1 TF 839.0, -0.8
Short 1 TF 840.7, +1.0
Long 2 TF 834.0, 833.6, -0.7, -0.3
Short 1 TF 833.3, +1.0
Long 1 TF 831.3, -1.0
Long 3 TF 830.7, 830.7, 803.9, +1.2, +1.2, +0.6
Total TF +3.2