Mon Apr 8 Trades & Journal

20130408
Long 2 TF 919.8, 920.1, -0.1, +0.5
Long 2 TF 918.4, +0.5, +1.3
Long 1 TF 918.5, -0.6
Long 1 TF 918.2, -0.4
Long 1 TF 916.7, +2.0
Long 1 TF 917.9, -0.7
Total TF +2.5

The underlying structure of market action is fractal sequents. These sequents can be codified so that hitherto unrecognizable chaos can be converted to structure sections of an unfolding trend. These sections elicit trade entry signals that can be worked into a trading plan along with an accompanying support/resistance grid, and a momentum system that is wave and time independent from the structure itself. Together, signals arrive in the confluence of these disparate elements, in what we call an Event Concept. With this understanding, even today's seemingly chaotic moves make sense. But you still have to manage your trades, and position your entries with stp-loss orders that accommodate the surprise thrusts of unexpected and sudden volatility. Within the trend parameters of these turn signals, we have opportunity. Defining these potential turn parameters with specific, individual labels gives us a trade plan. Trading within a plan frees us from 'tape reading' and intuition. Trade the plan, not your intuition, and let the market unfold as it will. There is plenty of profit potential if you stick to your plan. ValhallaFutures offers all this education--and the software that codifies it--in a 10-session training course conducted online in virtual meeting rooms. Send us an email and we'll sign you up for the next lesson rotation starting sometime in April.