20151201
Long 2 NQ 4682.5, 4682.0, +5.0, +9.5
Short 1 TF 1202.7, +1.3
Short 1 TF 1202.9, +1.1
Long 4 TF 1198.6, 1197.6, 1197.1, 1197.0, -1.6, -0.0, +1.6, -0.7
Long 1 NQ 4683.5, +5.0
Short 1 TF 1198.6, +0.7
Short 1 TF 1199.3, +0.5
Short 1 NQ 4707.0, +4.0
Total NQ +23.5
Total TF +2.9
Today was a day that makes you sit up and take notice of Inflection Breakout levels. The breaks in the collapse were so clean and so profitable and it just hurt to be stop out of longs and stranded on the sidelines without the complete stop-n-reverse model executed. Problem is, such breakouts are not the norm, and after being chopped out of messy breakout action a few times, that section of a Trade Plan can get dusty, as mine certainly was today. I couldn't even hear the rusty joints of my elbows squeaking as I reached for the mouse to place the orders. ....because my elbows never even moved. ....dear in the headlights phenom. When the filters for taking breakouts are just right, your head has to be in that game fully prepared. ....not on the sidelines pondering the possibilities as the numbers roll by. Those of us that trade the First Frame for a living can get lazy and comfortable at all the nice swing trends that usually appear as price tries and fails to discover the True Trend in early going. Then a day like this comes along and gives you a jolt: the best trades are, indeed, sometimes the breakouts.
