20150112
Long 1 TF 1172.4, -1.4
Long 3 TF 1171.3, 1170.3, 1170.8, +0.7, +1.0, -.8
Long 1 YM 17507, -7
Short 1 NQ 4163.5, -3.0
Short 1 TF 1170.6, +0.3
Short 2 TF 1170.3, 1170.4, -0.7, -1.0
Short 2 TF 1172.1, 1172.0, +1.0, +2.0
Short 1 TF 1171.4, -0.7
Short 2 TF 1172.0, 1173.0, +0.2, +2.0
Short 1 TF 1172.2, -0.5
Long 1 TF 1173.5, +0.3
Short 2 YM 17583, 17584, -7, +7
Short 2 TF 1157.6, 1175.4, +0.5, +1.2
Short 1 TF 1177.1, -1.4
Short 2 TF 1179.0, 1179.2, -0.7, +7.0
Short 3 NQ 5143.0, 4183.0, 4183.5, +2.0, +3.0, +7.0
Total YM -7
Total NQ +9.0
Total TF +2.7
After catching up with several profitable trades in the TF, I made a mistake of ignoring the still-climbing momentum and shorted too soon. On the way, up is was quite the opposite where I lacked the patience to stay in long at an inflection trigger as the market continued to climb. Patience is a difficult thing to measure while trading. But not having it at all is too often the source of critical trading errors. Take a breath before entering and before exiting before a target is acquired. Let the current bar flesh itself out... it just might surprise you in its closing moments.
