20140708
Long 2 YM 16857, 16857, +7, -0
Long 1 NQ 3884.0, -0.25
Long 2 NQ 3882.5, 3882.0, -1.25, -0.75
Long 2 YM 16855, 16855, -0, -6
Long 2 NQ 3877.5, 3877.5, -1.0, -1.0
Long 1 NQ 3877.0, -2.0
Long 2 NQ 3877.0, 3877.0, +2.0, -1.0
Short 2 TF 1169.9, 1169.9, +0.4, +3.0
Long 2 TF 1166.3, 1166.5, +1.4, +2.0
Long 1 TF 1163.8, +1.5
Total YM +1
Total NQ -5.25
Total TF +8.3
Although early in the day yet as I post, a 2nd Persistent Trend Day Down in row could be sign of budding bear market. ...but we've heard that before... Today, failed to get in sync with two model entry pullbacks because they failed to reach resistance. Instead, I should have had trailing sell stp's for 1-lots ready on both opportunities despite their shortcomings, so was overcautious there. But did manage to short a breakdown in the breakout trend entry model just recently added to the Plan. Breakouts remain a mental challenge to my trading, but have taken this one now several times with continued success, and want to reinforce the habit with a brief glove-clap. Focus is always critical. And today's breakdown play came with a Turn-n-Rev back to long as a critical hourly low was taken. Without the diligence to mark and monitor those lows, that Turn-n-Rev could never have been managed correctly. Stay disciplined. Don't predict; position.
