Trade Summary
20130828
Short 2 YM 14784, 14787, +13, +7
Long 2 NQ 3063.75, 3063.75, -.0, +4.0
Short 1 TF 1016.5, +1.2
Long 2 TF 1014.5, 1014.5, +0.7, +2.0
Total YM +20
Total NQ +4.0
Total TF +3.9
A bear Test n Reject pattern yesterday became persistent with lower prices into the close. TRIN finished at nearly +3.0, so a correction was preordained. Although it was a choppy going, the trade plan offered good opportunities
in both directions and so just stayed with it until the end of the first frame. The best thing can be said about my trading today is that I waited for pullback numbers to hit, even though jumping the gun in a few cases would have meant more participation. The worst thing can be said was lack of faith shown in an NQ buy trade, where I dumped a 2nd unit at b/e on fear of failure, and was then left with 1-lot management, which means I tend to get out too soon. Stay disciplined....
