An initial ORB breakout pattern in the TF was posted in the traders' chat room just moments after the breakdown, so was too late to set the sell stp and capture the initial collapse. Since my policy is to take trades only AFTER posting their triggers in the room, was unable to post those quick Russell short gains. But was able to find a good initial bounce with long positions, and then finally bought the LOD after an initial stp out. We guided buyers for the Russell inverse Head & Shoulders pattern, but as we seldom trade into the midday frame, left that neckline breakout for others to take, targeting 826.5. Trade Summary:
120215
Short 1 NQ 2583.0, -0.0
Long 1 TF 817.3, +1.8
Long 1 TF 816.6, -0.4
Long 1 TF 816.7, -0.7
Long 1 TF 815.5, -0.7
Long 2 TF 815.2, 815.6, +2.5, +0.8
Long 2 TF 816.7, 818.3, +2.4, +1.0
Long 1 TF 817.3, +0.6
Total NQ -0
Total TF +7.3
Normally, we'd return after the Midday Frame to look for trades after the FOMC meeting. But lately, this has not produced the volatility of former days, and so left the screen for the day after the 1st frame, around 11:15am. Come into our free chat room and follow along with our calls yourself: valhallafutures.com