Trade Summary
20131008
Short 2 YM 14843, 14846, -5, -10
Short 3 YM 14853, 14853, 14852, +10, +12, +5
Long 2 YM 14861, 14861, -0, -5
Long 2 YM 14848, 14844, -8, +7
Long 2 YM 14842, 14840, -7, +7
Long 2 YM 14837, 14838, -5, -5
Long 2 YM 14836, 14837, -7, -6
Long 1 YM 14834, +20
Long 3 TF 1063.5, 1062.8, 1062.7, -1.0, -0.5, -0.4
Long 2 TF 1062.0, 1061.6, -0.1, -0.6
Long 2 TF 1061.2, 1061.3, -0.5, -0.5
Long 2 TF 1060.9, 1061.1, -0.4, -0.5
Long 2 TF 1055.5, 1055.3, -0.8, -0.5
Total YM +3
Total TF -5.8
TF relative strength was cue for the repeated buy attempts, but the real failure to caplitalize on the breakdown was lack of attention to very subtle TF pre-breakdown trigger. 1st Frame coils tend to lead to Midday Trends, and if you miss the door, price can get away from you quickly. And nothing hurts worse than big breakout profits you miss. Feels far worse even that losing trades. The overall 1st Frame coil and its subsequent breakdown deserves close study. Learn from your mistakes. Mine were pretty obvious today. But I'll be back tomorrow.....
