Fri Aug 23 Trades & Journal

Trade Summary
20130823
Long 2 TF 1031.9, +0.5, +1.7
Long 3 TF 1030.2, 1029.9, 1030.0, +2.0, +0.7, +0.5
Total TF +5.4

Pretty much stuck to trading plan, but did duck one breakout trade called 'The Pinch'. By that time had gathered in over 5 pts TF, so could filter out any trade after hitting 1st Frame quota. Was reminded how important it is to wait til both price from the Pivot/Exhaustion Grid and the wave structure of Serial Sequent intersect, as I am often tempted to go when only one of them shows up with a signal. By sticking to that discipline today, only took 2 trades to capture the quota. However, that has a much to do with the nice swing volatility produced by those signals as the signals themselves. Stay disciplined and keep with a plan. You're lost as a trader without one.... and a good weekend to all....