20160324
Short 2 NQ 4382.5, 4382.5, +2.0, +2.0
Short 1 TF 1064.4, +2.2
Short 1 TF 1063.5, +1.2
Short 1 TF 1064.3, -0.7
Short 1 TF 1065.1, +1.0
Short 1 TF 1066.9, -0.3
Short 2 TF 1069.6, 1069.8, +1.4, +0.5
Total NQ +4.0
Total TF +5.3
2nd Trend's are where lie the surprises, especially on a day following a Persistent Trend Day Down in the typical Day Model rotation cycle. In fact, so much so a 2nd Trend can grind through short signsls on such a day that it can be fairly said that all 1st Trend fades are, in fact, in-trend entries rather than counter trend trades. Accordingly, keep a cool head when fading the 2nd Trend. Action will usually disguise the underlying and emerging true-trend, and thus trap tape readers and 'price-action' traders by lulling them towards the Song of the Sirens. This is how such swing reversals are fed. They climb on the backs of disbelieving shorts.
