Fri Nov 9 Trades & Journal & Wkly Sum

Trade Summary
20121109
Short 3 TF 793.4, 793.2, 793.8, +0.5, -1.0, +0.5
Short 1 TF 793.8, +1.5
Short 2 TF 793.6, 793.9, +1.0, +0.4
Long 1 NQ 2588.25, +2.0
Total NQ +2.0
Total TF +2.9

Weekly Trade Summary 20121109-20121105
Total ES +7.25
Total YM +75
Total NQ +15.75
Total TF 10.0

Grinding action is always a challenge as there is no sense of climax when price reaches numbers on the support / resistance grid or when fulfilling wave structure culminations. But it is what it is, and the game plan doesn't change. The payoffs are just more modest. Since I've been having mental resistance to taking inflection breakouts, I was at least happy to report that I took the inflection breakout in the NQ when it appeared. But since I had no faith in it, I only took 1 unit and the quick mechanical profit I would have normally taken for just one of two units. The action did eventually payoff for a 2nd unit profit despite the low, patience-testing grind of the bull action. If it was worth taking 1 contract, it was worth taking 2. But I do believe my habits regarding this part of my trade plan are improving. It's Friday, and at least the new James Bond film is in town......