20141003
Short 2 TF 1097.3, 1097.6, -0.8, +0.7
Short 2 YM 16841, 16840, -9, -10
Short 2 NQ 4009.25, 4008.00, +4.5, +2.5
Short 2 TF 1100.8, 1100.6, +0.7, -0.7
Short 2 NQ 4014.75, 4014.75, -3.0, -3.0
Long 2 TF 1102.0, 1102.0, +0.4, +0.9
Long 2 YM 16866, 15884, +7, -7
Long 2 TF 1101.0, 1101.0, 1100.7, +0.7, -0.7, +0.5
Long 2 TF 1099.6, 1099.7, +1.0, -0.2
Long 2 YM 16846, 16846, -7, -7
Long 2 TF 1098.3, 1098.3, +0.7, +2.6
Long 1 YM 16833, +20
Long 1 TF 1099.6, +2.0
Total YM -13
Total NQ +1.0
Total TF +7.8
Using multiple time frames is science for some. It is not in my trade plan. I find trades in-trend in one time frame can be very profitable as counter trend trades in another, and have come to the conclusion that most of the money that is lost in the markets is lost by traders who thought they knew which trend the market was in...but wasn't. So instead, we position into Trade Entry Models that appear at the right edge of the video screen, and let the trend be discovered with us in it. But today, the buy signals from the daily frame would have served me better if I had respected them as some kind of filter and was more cautious about early shorts and more aggressive about 1st pump breakouts. As for now, I see no other than a subjective filter to place in the way, and those are seldom of any consistent value from day to day. So I only note all this as an observation and see no modification to Trade Plan at this time. Change the Plan slowly, cautiously, even reluctantly, although modify it you must. It doesn't earn the respect of discipline unless it remains a constant.
