20141217
Short 1 NQ 4088.0, +3.0
Short 1 TF 1143.0, +1.5
Short 2 YM 17122, 17122, +7, +20
Long 2 ES 1978.25, +2.0
Long 2 YM 17087, 17087, +10, +20
Long 2 NQ 4112.0, 4112.0, -0.0, -0.0
Long 2 YM 17078, 17073, -15, -10
Long 1 ES 1976.5, +3.0
Long 2 ES 1975.75, 1975.75, -0.0, -0.0
Long 3 TF 1138.5, 1138.5, 1138.5, -1.4, -0.5, -0.5
Long 4 TF 1137.4, 1137.4, 1137.4, 1138.1, +1.5, +1.5, +2.3, +1.4
Total ES +5.0
Total YM +33
Total NQ +3.0
Total TF 5.8
The focus of trading is not prediction. If it was, I certainly would seldom have much profit to report. The focus of trading is on entry positioning--regardless of what trend I might tend to argue for at any given point. And when further volatility works beyond the stop-loss limits of an entry, but the entry model is still intact, then it is important to take a quick breath and access whether to simply re-enter the trade. Many of the best trades are hiding behind just such volatility, as if the market were really a person of perverse character, intending to shake as many would-be participants out of their otherwise correctly positioned trades before fulfilling the very trend they had risked their entries to position for, but now without them. Stay focused. The ValhallaFutures trade room will be close from here through the rest of the holiday season, to re-open Jan 2, 2015... ... and we want to wish you a very Merry Christmas and Happy Hanukkuh to all.
