20131210
Long 1 TF 1128.1. -0.2
Long 1 TF 1127.1, -0.4
Long 2 TF 1127.1, 1127.0, +0.5, -0.5
Long 1 NQ 3512.50, -2.0
Long 2 NQ 3510.0, 3509.5, +2.0, +4.0
Short 1 TF 1127.1, +1.0
Short 1 NQ 3515.75, +2.0
Long 1 YM 15995, +10
Long 1 TF 1128.8, +1.2
Long 1 TF 1120.4, +0.6
Total YM +10
Total NQ +6.0
Total TF +2.2
Some very thin and erratic action in the early going, with buy signals flipping back to sell without production really in either direction. When conditions thin, and action so choppy there's no shame in staying small. Shift to the YM or ES or NQ contract where risk is lower and often the volatility too. Yesterday was another Rogue Wave pattern, and like the one of Wednesday the week prior, was a losing day. Important to follow a losing day with a winner, so reduce risks and get back in sync. Forget about getting your lost money back from the prior day. Just get back in sync and post a day's profits. Consistency is key. Your losses will be overcome with consistency, not desperation. Keep focused. Stay disciplined.
