Trade Summary
20140318
Short 2 NQ 3673.25, 3672.75, -1.0, +2.0
Short 2 YM 16231 16235, -5, -9
Short 3 TF 1188.7, 1188.9, 1188.7, +0.5, +0.5, -0.2
Short 1 YM 16244, -6
Short 3 TF 1188.6, 1188.6, 1188.4, +0.7, +0.7, +0.8
Short 2 NQ 3683.25, 3683.0, -2.0, -1.5
Short 2 TF 1191.6, 1191.6, -0.3, -0.5
Short 2 TF 1192.3, 1192.2, -0.6, -0.7
Short 2 TF 1194.3, 1194.2, +0.7, +1.0
Long 2 TF 1192.5, 1192.3, -0.5, +0.5
Long 1 TF 1192.4, +1.0
PM Trades: 1198.8, 1198.7, +0.7, +0.5
Long 2 TF
Total NQ -2.5
Total YM -20
Total TF +4.8
Serial Sequent fractal studies is an incredible tool. But knowing where the impulsive breakouts should come still won't make you pull the trigger. That has to come from a disciplined adherence to a trade plan that includes them. Mine does, and yet, today, I still couldn't make myself a believer and muster faith enough to buy them. So full of doubt about the possibility of bull Persistence today, that even when the market did pull back to a 1st Chance Texaco long entry level, I only managed enough faith to hold on for a net +1.0 with my last trade. Would risking the breakouts be any worse than the counter trend fades I got stopped out of today..? I don't see why. Review your breakout filters. Not all of them fit the requirements. But those that do, take the trades. Partial out some quickly for a quick pay-off and to allow a paid-for, shallow stp-loss on the 2nd unit, and give the market a chance it deserves. Position yourself to be surprised. Stay disciplined.
