20150223
Long 1 TF 1125.8, -0.7
Short 1 YM 17055, +20
Long 1 TF 1123.1, -0.5
Long 1 TF 1120.7, -1.4
Long 3 NQ 4436.75, 4436.75, 4436.75, +2.0, +2.0, +3.0
Long 3 TF 1119.5, 1119.5, 1119.6, -0.4, -0.4, -0.4
Long 1 TF 1119.5, +2.0
Short 2 TF 1122.2, 1122.3, -0.8, -0.9
Short 2 TF 1122.6, 1122.6, -0.7, -0.7
Short 3 TF 1123.1, 1123.1, 1123.1, +2.0, +2.0, +2.0
Total YM +20
Total NQ +7.0
Total TF +1.1
A single big slam down today presented some challenges in TF trading, and yet not outside the Trade Plan. I just failed to get my head around the trigger in time to acknowledge what was in front of me. I also let the NQ relative strength caution me away from trading what was in front of me in the TF contract. Trade what's in front of you. Ignore the initial divergence as action tries to uncover the trend. The TF stands alone and on its own as these efforts unfold. Read the Trade Plan of these more challenging models into the voice in your ahead before trading begins. This is how you prepare. Not with suppositions about which way the market is supposed to go based on overnight action, but on what appears in front of you at the right edge of your video screen.
