20130114
Long 2 TF 877.6, 877.4, -0.5, -0.5
Long 2 TF 877.0, 976.9, -0.5, -0.5
Long 2 TF 876.5, 876.5, +0.7, -0.4
Long 3 TF 876.2, 876.3, 876.3, +1.0, +0.5, +0.5
Short 2 TF 875.6, 875.6, +0.2, -0.3
Short 1 YM 13421 -5
Short 1 TF 878.9, +0.5
Short 2 NQ 2726.5, 2726.5, +1.0, -1.25
Short 1 TF 878.9, +0.5
Total YM -5
Total NQ -0.25
Total TF +1.2
Just one big move with a signal in today's 1st frame, and it left me in the dust. Serial Sequent can require switching from a Long, to a Stp n Rev Short, and sometimes then a Turn n Rev back to long. If the market is choppy, those signals can come without much payoff; and if so, flipping the switch back and forth conflicts with the recent lessons to have more patience and let things develop. Such was the case today, and I opt'd for being more patient with the last signal and just reduced the stp loss on the last short signal in the early down trend to about b/e, but did not Turn n Rev back to long. But either position was according to plan, so no use beating oneself up too much on lack of better intuition. And after the 1st frame volatility was over, we were back to last weeks grind and divergence. But at least the action was a bit better than last week. Keep to the plan. The market will always come around.
