20131209
Long 1 TF 1131.7, -0.4
Long 2 TF 1131.6, 1131.3, +1.0, +0.5
Long 1 TF 1132.2, -1.0
Long 2 TF 1128.5, 1128.2, -0.1, -0.7
Long 3 TF 1127.7, 1127.2, 1126.8, -1.4, -0.5, +0.7
Long 1 TF 1127.0, -0.7
Long 3 TF 1125.6, 1125.6, 1125.7, -0.8, -0.8, -0.9
Long 3 TF 1125.1, 1125.9, 1125.8, +1.1, +1.0, +0.7
Long 1 YM 16024, +15
Long 1 TF 1127.8, -0.0
Total YM +15
Total TF -2.3
TF lonely collapse blew through several buy signals and support levels before reaching deep oversold at 5th final support level. And there, failed to hold onto the potential runner as a pullback threatened some much needed catch-up profit. Did have a bull breakout signal to re enter that long but was a bit shaken up after bailing out at Mach 5 a couple of times on the way down. Another Rogue Wave formation for TF there, and all contained within the 1st frame, unlike last Wednesday, where the pattern occupied nearly the whole day, and even more dramatically. Use your stp's and manage your losses. The market is always bigger than you, and cannot be predicted or explained. Accept the outcome and stick with your Trade Plan. Good days have occurred far more than those more difficult to trade like today. Chin up, and back at it manana.
