20130104
Long 2 NQ 2721.0, 2721.25, +2.0, +3.25
Short 1 YM 13337, -1
Short 1 YM 13340, -4
Short 1 TF 874.5, -0.1
Short 1 NQ 2726.0, +6.0
Long 1 TF 874.7, -0.4
Long 1 NQ 2714.0, -1.5
Long 1 NQ 2713.0, +3.5
Total NQ +13.25
Total TF -0.5
TF is the preferred contract in my trade plan. It tends to lead the market. But this can be inconsistent. How do you manage days the Russell isn't leading the trend? Trade what's before you. On my main monitor, from far right to left, I have the TF (mini Russell), the NQ in the middle, then the YM, and finally far left, the True Trend Momentum Indicator... all in vertical scales. (The ES seldom leads, is the least volatile, and the least attractive of these four contracts to trade. It's on a separate but adjacent monitor with some tick charts.) With the three main contracts in prime view at all times, leadership is not difficult to see. Stay flexible. The NQ and the YM are both great contracts to trade, although not as good as the TF. But your question is not which contract do you like the best, your question as a trader is
'where are my signals?' Stay focused. Trade what's in front of you.
