20140205
Short 2 TF 1093.1, 1093.1, -0.5, -0.5
Short 2 TF 1092.2, 1092.2, +1.1, +2.0
Long 1 ES 1740.5, -1.5
Long 2 TF 1088.7, 1088.7, +1.0, 0.5
Long 2 NQ 3438.0, 3438.0, -2.0, -2.0
Long 2 NQ 3437.0, 3437.0, +2.0, +10.0
Long 2 NQ 3430.5, 3430.5, +2.0, -2.0
Long 1 TF 1185.5, -0.5
Long 2 TF 1084.2, 1084.2, +1.0, -0.5
Long 2 NQ 3420.5, 3420.5, -2.0, -2.0
Long 2 YM 15285, 15285, +20, +20
Short 1 TF 1185.6, +1.2
Long 1 TF 1180.9, +1.2
Total ES -1.5
Total YM +40
Total NQ +4.0
Total TF +5.0
Persistence is such an important attribute when trading a plan. Not all the Trade Entry Models will work, and even though the model matches the structure, sometimes the volatility will take you out anyway. But the added volatility must be adjusted to work for your benefit. If the effort to get in a trade and stay in is more difficult and costs you more in stp-outs, all the more important to allow the trade targets to be extended to suit those same volatile excursions. Today, another key number from the all-session 60-min frame was key for the LOD, but the TF Trade Entry Model was incomplete. The YM, on the other hand was ready. But once in that YM trade, I I failed to show the outcome the patience to develop it deserved, and as a consequence left far too much of that excursion on the table. Stay focused.
