Wed Dec 3 Trades & Journal

20141203
Short 1 TF 1168.1, -1.0
Short 2 TF 1171.1, 1171.4, +0.7, -0.7
Short 3 TF 1171.7, 1171.7, 1171.4, +0.7, -0.7, -0.7
Short 2 YM 17875, 17875, -8, -8,
Short 2 YM 17883, 17883, +9, +10
Long 2 TF 1171.1, 1171.1, +0.7, -0.7
Long 2 NQ 4202.5, 4201.75, -2.0, -2.0
Long 1 YM 17868, +10
Short 1 TF 1177.8, -1.4
Short 4 TF 1178.8, 1178.8, 1178.8, 1178.3, -0.9, +0.7, +0.7, +0.7
Short 2 YM 17889, 17889, -6, -6
Short 2 TF 1182.3, 1182.2, +0.7, +2.2
Long 2 TF 1176.8, 1176.5, -0.7, -0.3
Long 1 TF 1176.6, +1.2
Total YM +1
Total NQ -4.0
Total TF +1.2

A second full Persistent Trend Day Up beginning in a row is a rare thing, and as such, provided scant few pullback buy opportunities to get in sync. And since this model offers only very selective fade opportunities, a carefully selected breakout trigger can often be the best and only way in which to participate. I balked at the only good one that appeared today, and was left with only the fade opps. Not all turns are readily I.D. with a limited set of entry models. Intraday swings are the stuff of the more common Test-n-Reject Day Model, and no doubt, there'll be more of those soon. Keep the losses small on days where reversals and breakouts are more carefully disguised.