Trade Summary
20130919
Long 2 TF 1073.0, 1073.1, +0.5, -0.5
Long 3 TF 1071.7, 1071.1, 1071.3, -0.0, +1.8, +1.0
Short 2 TF 1070.9, 1070.9, -0.0, -0.6
Short 1 TF 1072.3, -0.3
Short 1 TF 1069.7, -0.4
Long 2 TF 1070.1, 1070.0, +0.5, +0.7
Long 1 YM 15588, -3
Long 1 TF 1069.1, -0.4
Long 1 TF 1069.1, -0.2
Long 1 TF 1069.0, -0.2
Total YM -3
Total TF +1.9
The clearer signals were from the long side in early going, but were also clearly counter trend to the bearish momentum. Best trades were pullback patterns, and although I tried two of them, I failed to make the connection to the upper line of the declining channel resistance to pick the entry targets, and by the time I figured it out, there were already 4 touch points. This was simply a matter of being lazy and not paying attention to lower frame trend lines. Focus is essential in trading. And your software programs seldom supply all the necessary elements automatically to an entry model.