20130425
Short 2 TF 936.4, 936.2, +1.5, +0.7
Short 1 TF 937.2, -0.5,
Short 2 TF 937.8, 938.2, -1.4, -0.5
Short 1 TF 939.6, +1.0
Short 1 ES 1580.25, -1.0
Short 1 ES 1582.0, -1.0
Short 2 NQ 2847.0, 2847.75, -2.0, -1.0
Short 2 TF 940.8, 940.8, +0.5, -0.5
Short 2 YM 14969, 14969, +7, -0
Short 1 TF 940.6, -0.4
Short 2 ES 1585.25, 1585.25, -0.5, -0.0
Short 1 TF 941.1, -0.5
Long 1 TF 940.0, -0.7
Total ES -2.5
Total NQ -3.0
Total YM +7
Total TF -0.8
The Persistent Trend Day Up/Down is the most challenging of all day models to work with. Sometimes there is no early trigger and no 1st frame pullback to jump on board with. This leaves you fading the market only to see it grind through your stops and eventually onto the next resistance and structure sequent for another fade opportunity....always counter trend. Luckily, this model only accounts for a few days out of every month's worth of trading. Try to keep the losses small, well within the parameters of offsetting no more than an average day's gains, and keep the rest of the proverbial powder dry for other trading days' opportunities. Stay disciplined.
