Fr Aug 30 Trades & Journal

Trade Summary
20130830
Short 2 TF 1023.2, 1032.1, +0.5, +1.2
Long 1 NQ 3087.75, +5.0
Long 1 NQ 3080.5, -0
Long 2 TF 1018.6, 1018.6, -0.5, -0.5
Long 4 TF 1018.1, 1018.3, 1018.1, 1018.5, +0.5, -0.5, +1.2, +1.0
Long 2 NQ 3071.0, 3071.0, +2.0, +4.0
Total NQ +11
Total TF +2.9

Monthly Totals Aug 2013
Total ES +0.25
Total YM +24
Total NQ +36.5
Total TF +54.7


I let the whippy action caution me out of an inflection breakdown call in the TF today, even after the pre-break setup gel'd nicely. No excuse. Just too cautious. The whipsaws from failed breakout plays can leave lasting stings, and mine still linger from previous failed breakouts. But need to focus on the setups better, and reduce the decision down to precise filters. When this..then that. No thinking allowed. Thinking is for after "those machines turned off" as Harvey Duke would have said (Trading Places fame). Trading is all about following rules, and keeping to the discipline of the Trade Plan. Wishing a great Labor Day weekend to all.... cya next week.