20140805
Short 1 NQ 3884.75, -2.5
Long 2 YM 16456, 16452, -6, +7
Long 2 NQ 3883.00, 3883.25, +2.0, -2.0
Short 1 TF 1118.3, +2.0
Long 2 TF 1113.8, 1113.7, +2.0, +0.7
Long 1 TF 1114.8, +2.0
Total NQ -2.5
Total YM +1
Total TF +6.7
It pays to have all four contracts, ES, YM, NQ and TF in plain site in prime monitor real estate at all times. Today, an important trade came for the TF, without a signal itself, by borrowing the simultaneous signals appearing in all three of the others. TF is contract of choice. It's the Goldie Locks of volume and volatility for the futures trader. And acquiring signals by the confluence of other technical concepts to trade it is by far the greatest joy of my long career as a futures trader. Stay focused.
