20140902
Long 2 TF 1174.8, 1174.9, -0.6, -0.5
Long 2 NQ 4085.5, 4085.0, +2.5, -1.25
Long 2 YM 17057, 17057, -4, -4
Short 5 TF 1178.3, 1178.1, 1179.0, 1178.4, 1178.4, +0.2, +0.5, +1.0, +0.3, +0.5
Short 2 NQ 4091.25, 4091.0, +2.0, -0.25
Short 2 YM 17077, 17078, -2, +7,
Short 2 YM 17095, 17095, +5, -6
Short 2 TF 1180.9, 1180.7, +0.5, +1.8
Long 1 TF 1178.2, -0.7
Long 2 TF 1176.1, 1176.1, -0.7, -0.7
Long 4 TF 1174.7, 1174.7. 1174.7, 1174.7, +0.5, -0.5, -0.5, -0.5,
Long 3 TF 1173.3, 1173.3, 1173.3, +0.5, +0.8, +1.2
Long 2 TF 1171.8, 1171.6, +1.2, +0.5,
Short 1 TF 1173.8, -0.3
Short 1 TF 1175.4, +2.0
Total NQ +3.0
Total YM -4
Total TF +6.5
Trade action can 'condition' you to go to sleep. The day starts out a bit choppy. The four index contracts aren't tracking well. Signals are split, and it seems very much like you've entered another one of those listless, caught-in-the-doldrums trading days. But the market teaches us to look for opposites. How it behaves in the First Frame is what it comes out of in the Second. If volatile in the First, the second sleeps and grinds. If grinding and choppy in the First, then look out and get ready, because the Second Frame of the day could contain all the volatility you were looking for in the First, right when you least expect it. Today was just such as day, as good short signals finally showed up in the TF and NQ, only to shake me loose from them long before their respective excursions hit vertical air pockets of total collapse. I was thinking 'It's choppy, better nailed down these minimum profits' right when I should have been looking for opposites. Look for opposites. The Rule of Alternation describes not only wave and excursion length, but the style of price action as well. Let the feeling of being lulled into sleep be a warning bell in your head. The change can be dramatic.
