20151106
Short 1 TF 1187.0, +1.2
Short 1 TF 1188.2, +1.5
Long 1 TF 1185.4, -1.2
Long 3 TF 1183.7, 1183.7, 1183.3, -1.4, -1.4, -0.8
Long 5 TF 1182.5, 1182.5, 1182.5, 1182.4, 1181.6, 1181.7, +1.5, +1.5, -0.1, -0.0, -0.7, -0.7
Short 2 NQ 4689.5, 4690.5, -0.0, -2.0
Short 1 NQ 4700.5, -2.0
Short 2 NQ 4703.5, 4703.5, -2.0, -2.0
Short 2 TF 1186.9, 1186.8, +1.5, +1.2
Long 2 NQ 4695.25, 4695.25, +2.0, -2.0
Long 2 NQ 4686.5, 4686.5, -2.0, -2.0
Long 2 TF 1183.2, 1183.2, +1.2, +2.0
Long 2 NQ 4685.0, 4685.0, +5.0, +4.5
Total NQ -0.5
Total TF 5.6
Volatility is important to futures trading. That's why I choose the 1st Frame for the bulk of trading. But sometimes the volatility can be just too hot to handle. The steep plummet in today's trading came without a single buy signal at the low, and I was left with my jaw dropping from early entry stop-outs. I lost about 3pts of early profits and went negative 2pts in the TF and 10 pts in the NQ. But patience paid off, and a good pullback finally presented itself as a valid entry model. The problem is, when the best model finally shows up after a string of losses, it takes a lot of heart not to exit at the point of just break-even. In the NQ today, that's all the heart I could muster, was getting back to b/e. Have a Trade Plan. Be patient in its execution. Eventually, if your entry models display consistency, even on extreme days like today, the opportunities will present themselves.
