Fri Nov 16 Trade Summaries and Journal

Weekly Trade Summary 20121116-20121112
Total ES -0.0
Total YM +53
Total NQ +3.5
Total TF +0.5

20121116
Long 3 TF 763.1, 763.3, 763.0, -0.7, -0.3, -0.6
Short 1 TF 762.5, -0.6
Long 1 NQ 2511.25, -2.0
Long 2 NQ 2507.0, 2506.50, +2.0, +5.0
Long 1 YM 12470, -10
Long 2 TF 761.1, 761.3, +2.0, +1.0
Total YM -10
Total NQ +5.0
Total TF +0.8

A modest day, and an even more modest weak for profits. An adjustment using a plan contingency was applied to last frame, PM trading with good results yesterday. This contingency should have been applied earlier in the week and even in the month, but is seldom a good plan on Friday's, where the PM trading can trail off as traders even out. The object of a plan is not to serve convenience, or even a trader's tranquility and rest. It is designed to best serve market action and successful applications of trade models to trend results. Keep an eye on these more subtle aspects of the plan. Stay focused. The opportunities can appear very quickly as the early action unfolds. Miss it at your peril, as missing important trades can pressure you into making more risky trades later in the trend.