20160630
Long 1 TF 1127.0, -0.0
Long 2 TF 1125.7, 1125.9, -0.2, +1.0
Long 1 NQ 4350.0, -2.0
Long 2 NQ 4350.5, 4350.5, +5.0 +7.0
Long 2 TF 1126.6, 1125.6, -0.0, +2.1
Short 1 TF 1131.2, -.0.1
Short 1 TF 1134.7, -0.3
Total NQ +10.0
Total TF +2.5
Wed Jun 29 Trade Summary
20160629
Long 2 TF 1114.2, 1142.4, +2.0, +0.7
Short 1 TF 1116.0, -0.7
Short 1 YM 17459, +20
Short 2 TF 1117.9, 1118.5, +0.5, -0.6
Short 1 NQ 4332.0, -2.0
Short 1 TF 1117.5, -1.0
Short 1 TF 1118.9, -0.3
Short 1 NQ 4333.5, -2.0
Short 1 TF 1118.7, +0.8
Short 1 NQ 4336.25, +10.0
Short 1 TF 1121.3, +1.0
Short 1 TF 1121.4, -0.2
Short 1 NQ 4341.5, -2.0
Short 2 TF 1124.5, 1124.6, -0.0, +0.7
Short 1 TF 1125.7, +1.2
Total YM +20
Total NQ +4.0
Total TF +4.1
Long 2 TF 1114.2, 1142.4, +2.0, +0.7
Short 1 TF 1116.0, -0.7
Short 1 YM 17459, +20
Short 2 TF 1117.9, 1118.5, +0.5, -0.6
Short 1 NQ 4332.0, -2.0
Short 1 TF 1117.5, -1.0
Short 1 TF 1118.9, -0.3
Short 1 NQ 4333.5, -2.0
Short 1 TF 1118.7, +0.8
Short 1 NQ 4336.25, +10.0
Short 1 TF 1121.3, +1.0
Short 1 TF 1121.4, -0.2
Short 1 NQ 4341.5, -2.0
Short 2 TF 1124.5, 1124.6, -0.0, +0.7
Short 1 TF 1125.7, +1.2
Total YM +20
Total NQ +4.0
Total TF +4.1
Tues Jun 23 Trade Summary
20160628
Short 1 TF 1099.8, +2.1
Short 1 TF 1100.2, -0.2
Short 1 TF 1101.2, -0.4
Short 2 TF 1103.8, 1104.4, 1104.8, -1.4, -0.1, -0.0
Long 3 NQ 4255.0, 4255.75, 4255.0, +3.0, -1.0, +3.0
Long 2 TF 1100.5, 1100.8, +0.7, -0.1
Long 1 TF 1100.1, -0.4
Long 2 NQ 4251.25, 4250.5, +3.0, +2.0
Total NQ +10.0
Total TF +0.2
Short 1 TF 1099.8, +2.1
Short 1 TF 1100.2, -0.2
Short 1 TF 1101.2, -0.4
Short 2 TF 1103.8, 1104.4, 1104.8, -1.4, -0.1, -0.0
Long 3 NQ 4255.0, 4255.75, 4255.0, +3.0, -1.0, +3.0
Long 2 TF 1100.5, 1100.8, +0.7, -0.1
Long 1 TF 1100.1, -0.4
Long 2 NQ 4251.25, 4250.5, +3.0, +2.0
Total NQ +10.0
Total TF +0.2
Mon Jun 27 Trade Summary
20160627
Long 1 YM 17084, -7
Long 2 TF 1102.7, 1102.7, +1.2, +3.0
Long 1 TF 1090.5, -0.2
Long 1 TF 1089.9, -0.4
Long 1 TF 1189.8, +2.0
Total YM -7
Total TF +5.6
Long 1 YM 17084, -7
Long 2 TF 1102.7, 1102.7, +1.2, +3.0
Long 1 TF 1090.5, -0.2
Long 1 TF 1089.9, -0.4
Long 1 TF 1189.8, +2.0
Total YM -7
Total TF +5.6
Fri Jun 24 Trades & Journal
20160624
SIM mode calls in the room today only:
Short 2 TF 1126.0, 1127.6, -2.2, -2.0
Long 2 TF 1127.2, 1127.2, +2.0, +2.0
Short 2 TF 1130.4, 1130.2, -1.0, -1.0
Short 2 TF 1133.4, 1133.4, 1133.2, +1.0, -2.0, -2.0
Short 4 TF 1135.0, 1135.0, 1134.9, 1135.7, +0.7, -2.0, -2.0, -2.0
Short 3 TF 1138.1, 1138.1, 1138.1, +2.0, +3.0, +3.0
Long 3 TF 1130.9, 1130.9, 1130.2, +1.0, +1.0, +3.0
Total TF Simulator Mode +2.5
The TF was down a full 100pts from the ETH high to ETH low at the Open. And the bid/ask was so thin, price would jump 3-5 ticks per trade. The market moved 10 pts in the first 3 minutes, equal to a normal gap opening on most days... So going Simulator Mode was really the only choice. Despite the volatility, had to see if the rules of Serial Sequent, TTI momentum, and Pivot/Exhaustion Level price calculations would still apply under such conditions. ...and they did. However, I would not have been able to withstand getting stp'd out so quickly at times, even with default stp-loss OCO's set to -2 pts, instead of the usual -1.4. The early going was practically just 'breathing' in 2 pt increments. I also noticed the same weaknesses to my trading as on more normal days, where action is usually less volatile than desired instead of too volatile to handle, like today. I failed to establish runners, and even those I did establish, failed to held to their more full excursions. I passed on Inflection breakout trades, and thus missed a good deal of the initial impulse swing, and for the same mental misperception I suffer from on normal days: that is, I perceive price has already gone too far when Inflection level signals present themselves, and can't concede that price could actually go further ....and so much further did the 1st Pump Inflection Breakout Level go today.... But even all this is an important lesson...that these Entry Models are truly valid, and tested in all market conditions, and should inspire more faith at their appearance on less volatile, more normal days.... when I'm again playing with real money.... and a good weekend to all...
SIM mode calls in the room today only:
Short 2 TF 1126.0, 1127.6, -2.2, -2.0
Long 2 TF 1127.2, 1127.2, +2.0, +2.0
Short 2 TF 1130.4, 1130.2, -1.0, -1.0
Short 2 TF 1133.4, 1133.4, 1133.2, +1.0, -2.0, -2.0
Short 4 TF 1135.0, 1135.0, 1134.9, 1135.7, +0.7, -2.0, -2.0, -2.0
Short 3 TF 1138.1, 1138.1, 1138.1, +2.0, +3.0, +3.0
Long 3 TF 1130.9, 1130.9, 1130.2, +1.0, +1.0, +3.0
Total TF Simulator Mode +2.5
The TF was down a full 100pts from the ETH high to ETH low at the Open. And the bid/ask was so thin, price would jump 3-5 ticks per trade. The market moved 10 pts in the first 3 minutes, equal to a normal gap opening on most days... So going Simulator Mode was really the only choice. Despite the volatility, had to see if the rules of Serial Sequent, TTI momentum, and Pivot/Exhaustion Level price calculations would still apply under such conditions. ...and they did. However, I would not have been able to withstand getting stp'd out so quickly at times, even with default stp-loss OCO's set to -2 pts, instead of the usual -1.4. The early going was practically just 'breathing' in 2 pt increments. I also noticed the same weaknesses to my trading as on more normal days, where action is usually less volatile than desired instead of too volatile to handle, like today. I failed to establish runners, and even those I did establish, failed to held to their more full excursions. I passed on Inflection breakout trades, and thus missed a good deal of the initial impulse swing, and for the same mental misperception I suffer from on normal days: that is, I perceive price has already gone too far when Inflection level signals present themselves, and can't concede that price could actually go further ....and so much further did the 1st Pump Inflection Breakout Level go today.... But even all this is an important lesson...that these Entry Models are truly valid, and tested in all market conditions, and should inspire more faith at their appearance on less volatile, more normal days.... when I'm again playing with real money.... and a good weekend to all...
Thurs Jun 23 Trade Summary
20160623
Short 2 YM 17819, 17822, -7, -7
Short 2 YM 17838, 17838, +7, +21
Short 1 TF 1157.2, -0.2
Short 1 TF 1158.5, +1.2
Short 1 NQ 4436.25, -1.0
Short 1 TF 1160.9, -0.7
Short 2 NQ 4440.75, 4440.75, +2.0, -2.0
Short 3 TF 1162.8, 1162.8, 1163.3, -0.0, -1.4, -0.6
Short 2 TF 1162.2, 1162.2, -0.5, -0.5
Total YM +14
Total NQ -1.0
Total TF -2.5
Short 2 YM 17819, 17822, -7, -7
Short 2 YM 17838, 17838, +7, +21
Short 1 TF 1157.2, -0.2
Short 1 TF 1158.5, +1.2
Short 1 NQ 4436.25, -1.0
Short 1 TF 1160.9, -0.7
Short 2 NQ 4440.75, 4440.75, +2.0, -2.0
Short 3 TF 1162.8, 1162.8, 1163.3, -0.0, -1.4, -0.6
Short 2 TF 1162.2, 1162.2, -0.5, -0.5
Total YM +14
Total NQ -1.0
Total TF -2.5
Wed Jun 22 Trade Summary
20160622
Short 1 NQ 4407.5, +5.0
Short 1 TF 1149.7, +2.0
Short 1 TF 1152.8, +1.5
Total NQ +5.0
Total TF +3.5
Short 1 NQ 4407.5, +5.0
Short 1 TF 1149.7, +2.0
Short 1 TF 1152.8, +1.5
Total NQ +5.0
Total TF +3.5
Tues Jun 21 Trade Summary
20160621
Short 1 NQ 4407.5, -2.0
Long 2 TF 1148.5, 1148.0, -0.0, +1.0
Short 1 NQ 4409.75, +5.0
Short 1 NQ 4410.25, +5.0
Long 1 TF 1146.0, +2.0
Total NQ +8.0
Total TF +3.0
Short 1 NQ 4407.5, -2.0
Long 2 TF 1148.5, 1148.0, -0.0, +1.0
Short 1 NQ 4409.75, +5.0
Short 1 NQ 4410.25, +5.0
Long 1 TF 1146.0, +2.0
Total NQ +8.0
Total TF +3.0
Mon Jun 20 Trade Summary
20160620
Short 2 TF 1156.8, 1157.2, +1.2, +1.0
Short 1 NQ 4432.75, -3.0
Short 1 NQ 4434.75, +3.0
Long 1 NQ 4429.0, +5.0
Short 1 TF 1161.3, -0.5
Total NQ +5.0
Total TF +1.7
Short 2 TF 1156.8, 1157.2, +1.2, +1.0
Short 1 NQ 4432.75, -3.0
Short 1 NQ 4434.75, +3.0
Long 1 NQ 4429.0, +5.0
Short 1 TF 1161.3, -0.5
Total NQ +5.0
Total TF +1.7
Fri Jun 17 Trades and Journal
20160617
Short 1 TF 1141.5, +1.5
Long 1 TF 1142.2, +1.5
Short 1 TF 1145.4, +1.0
Long 1 TF 1143.5, -1.0
Long 1 TF 1141.4, +1.2
Total TF +4.2
A Trade Plan is a rehearsal to carry out what should be done without having had the time to think about it. For instance, what if your entry model is an exhaustion move, but with an unexpected burst of volatility, blowing through one level of support while maintaining the fractal structure, and still arriving within a minute of the static time cycle that was designated by the entry model? What do you do? You re-enter with an additional contract more than the amount you got stopped out with. If the model was valid at one price level, it should be even better at a more extreme one. Some would call this the martingale betting scheme. But in trading, it actually works better than with cards, if the entry model remains precise while price simply moving to a more extreme stretch. However, such moves come with a great deal of emotion. If you haven't sufficiently rehearsed your intentions to perform this feat, it's quite unlikely you'll NOT have the nerve to execute. Today, at precisely such an opportunity post stop-out, I balked. I took the re-entry alright, but hesitated at the needed 2nd contract unit, and thus only regained what was lost on the too-early entry stop-out. The signal developed into a huge opportunity, as such exhaustion moves often do, and would easily have doubled the outcome of my trading day. But I was stuck sitting on the sidelines for the rest of the move after exiting with only enough to insure loss recovery. Have a Trade Plan. Be rehearsed in all its subtleties. Execute.
Short 1 TF 1141.5, +1.5
Long 1 TF 1142.2, +1.5
Short 1 TF 1145.4, +1.0
Long 1 TF 1143.5, -1.0
Long 1 TF 1141.4, +1.2
Total TF +4.2
A Trade Plan is a rehearsal to carry out what should be done without having had the time to think about it. For instance, what if your entry model is an exhaustion move, but with an unexpected burst of volatility, blowing through one level of support while maintaining the fractal structure, and still arriving within a minute of the static time cycle that was designated by the entry model? What do you do? You re-enter with an additional contract more than the amount you got stopped out with. If the model was valid at one price level, it should be even better at a more extreme one. Some would call this the martingale betting scheme. But in trading, it actually works better than with cards, if the entry model remains precise while price simply moving to a more extreme stretch. However, such moves come with a great deal of emotion. If you haven't sufficiently rehearsed your intentions to perform this feat, it's quite unlikely you'll NOT have the nerve to execute. Today, at precisely such an opportunity post stop-out, I balked. I took the re-entry alright, but hesitated at the needed 2nd contract unit, and thus only regained what was lost on the too-early entry stop-out. The signal developed into a huge opportunity, as such exhaustion moves often do, and would easily have doubled the outcome of my trading day. But I was stuck sitting on the sidelines for the rest of the move after exiting with only enough to insure loss recovery. Have a Trade Plan. Be rehearsed in all its subtleties. Execute.
Thur Jun 16 Trades & Journal
20160616
Short 1 NQ 4380.0, +6.0
Long 2 TF 1132.3, 1132.2, +1.0, +0.7
Long 1 TF 1130.4, -0.2
Long 1 NQ 4362.5, -1.5
Long 1 NQ 4353.5, +5.0
Short 1 TF 1131.0, +0.1
Short 1 YM 17442, -0
Short 1 TF 1137.1, 1137.5, +1.5, +2.7
Total YM -0
Total NQ +9.5
Total TF +5.8
One day tends to 'train' you for the next. If the action on the earlier day was choppy with truncated swings, you find yourself exiting positions taken on the next day as if expecting the same.... only to witness the Rule of Alternation in full force, cringing to see yourself exit before the excursions fully develop. Cursing yourself for leaving such big swings on the table, you begin the day after that with fresh reprimand in mind, and find yourself holding positions you could have at least gotten some profit with far too long amidst the return to truncated swings and choppy action. This is how the market works. "Unless you expect the unexpected, you can never find truth. So hard it is to find and grasp." --Heraclitus
Short 1 NQ 4380.0, +6.0
Long 2 TF 1132.3, 1132.2, +1.0, +0.7
Long 1 TF 1130.4, -0.2
Long 1 NQ 4362.5, -1.5
Long 1 NQ 4353.5, +5.0
Short 1 TF 1131.0, +0.1
Short 1 YM 17442, -0
Short 1 TF 1137.1, 1137.5, +1.5, +2.7
Total YM -0
Total NQ +9.5
Total TF +5.8
One day tends to 'train' you for the next. If the action on the earlier day was choppy with truncated swings, you find yourself exiting positions taken on the next day as if expecting the same.... only to witness the Rule of Alternation in full force, cringing to see yourself exit before the excursions fully develop. Cursing yourself for leaving such big swings on the table, you begin the day after that with fresh reprimand in mind, and find yourself holding positions you could have at least gotten some profit with far too long amidst the return to truncated swings and choppy action. This is how the market works. "Unless you expect the unexpected, you can never find truth. So hard it is to find and grasp." --Heraclitus
Wed Jun 15 Trade Summary
20160615
Short 1 NQ 4427.25, -2.0
Short 2 NQ 4429.75, 4429.75, +3.0, +3.0
Short 1 TF 1146.5, +1.3
Short 1 TF 1147.4, -0.2
Short 1 TF 1148.7, +1.0
Short 1 NQ 4425.25, -0.0
Short 1 TF 1150.4, -0.7
Short 1 TF 1150.6, +0.7
Short 1 NQ 4429.0, +4.5
Total NQ +8.7
Total TF +2.1
Short 1 NQ 4427.25, -2.0
Short 2 NQ 4429.75, 4429.75, +3.0, +3.0
Short 1 TF 1146.5, +1.3
Short 1 TF 1147.4, -0.2
Short 1 TF 1148.7, +1.0
Short 1 NQ 4425.25, -0.0
Short 1 TF 1150.4, -0.7
Short 1 TF 1150.6, +0.7
Short 1 NQ 4429.0, +4.5
Total NQ +8.7
Total TF +2.1
Tues Jun 14 Trade Summary
20160614
Short 1 YM 17613, -5
Short 1 TF 1148.3, +1.0
Short 2 NQ 4431.25, 4429.75, +2.0, +5.0
Long 1 TF 1144.5, -0.3
Long 2 TF 1143.6, 1143.5, -0.7, -0.5
Long 3 TF 1142.4, 1142.4, 1141.9, -1.4, -1.4, -1.4
Long 1 ES 2059.25, -1.75
Long 2 TF 1138.2, 1138.2, -1.0, -1.0
Long 2 TF 1136.8, 1136.8, +2.0, +2.0
Total ES -1.75,
Total YM -5
Total NQ +7.0
Total TF -2.7
Short 1 YM 17613, -5
Short 1 TF 1148.3, +1.0
Short 2 NQ 4431.25, 4429.75, +2.0, +5.0
Long 1 TF 1144.5, -0.3
Long 2 TF 1143.6, 1143.5, -0.7, -0.5
Long 3 TF 1142.4, 1142.4, 1141.9, -1.4, -1.4, -1.4
Long 1 ES 2059.25, -1.75
Long 2 TF 1138.2, 1138.2, -1.0, -1.0
Long 2 TF 1136.8, 1136.8, +2.0, +2.0
Total ES -1.75,
Total YM -5
Total NQ +7.0
Total TF -2.7
Mon Jun 13 Trades & Journal
20160613
Short 2 TF 1158.0, 1158.1, -1.2, +1.0
Short 1 NQ 4445.0, -3.0
Short 1 NQ 4457.5, +3.0
Short 2 TF 1159.5, 1159.3, +1.0, +1.6
Short 2 TF 1160.2, 1159.5, -0.2, +0.5
Long 1 TF 1157.8, -1.4
Long 2 TF 1154.6, 1154.6, +1.2, -1.4, -1.4
Long 4 TF 1154.3, 1154.3, 1153.2, 1152.3, -2.0, -2.0, -1.7, -0.8
Long 4 TF 1151.3, 1151.3, 1151.4, 1151.5, +1.0, +1.0, -0.0, -0.0
Long 3 TF 1150.8, 1150.9, +1.0, +1.0, -0.4
Long 1 TF 1150.4, -0.2
Long 1 TF 1150.5, -0.5
Long 2 TF 1149.7, 1149.8, -0.4, -0.5
Long 2 TF 1149.4, 1149.4, +2.0, +2.0
Total NQ -0.0
Total TF -0.8
Digging yourself out of a deficit on the day can be a very expensive undertaking. When fading price extremes, be sure the entry model as reformed before jumping back in. Just because you think price if supposed to pop away from set of support and structure signals doesn't mean it will. And remember that the first trend direction of the day tends to look the most real, but seldom is, and that the 2nd trend direction of the day tends to look like just a pullback but is almost always the true trend. Stay focused. Keep your trading rules in front of you. Trade the Plan, not your opinions as to the meaning of apparent 'market action'.
Short 2 TF 1158.0, 1158.1, -1.2, +1.0
Short 1 NQ 4445.0, -3.0
Short 1 NQ 4457.5, +3.0
Short 2 TF 1159.5, 1159.3, +1.0, +1.6
Short 2 TF 1160.2, 1159.5, -0.2, +0.5
Long 1 TF 1157.8, -1.4
Long 2 TF 1154.6, 1154.6, +1.2, -1.4, -1.4
Long 4 TF 1154.3, 1154.3, 1153.2, 1152.3, -2.0, -2.0, -1.7, -0.8
Long 4 TF 1151.3, 1151.3, 1151.4, 1151.5, +1.0, +1.0, -0.0, -0.0
Long 3 TF 1150.8, 1150.9, +1.0, +1.0, -0.4
Long 1 TF 1150.4, -0.2
Long 1 TF 1150.5, -0.5
Long 2 TF 1149.7, 1149.8, -0.4, -0.5
Long 2 TF 1149.4, 1149.4, +2.0, +2.0
Total NQ -0.0
Total TF -0.8
Digging yourself out of a deficit on the day can be a very expensive undertaking. When fading price extremes, be sure the entry model as reformed before jumping back in. Just because you think price if supposed to pop away from set of support and structure signals doesn't mean it will. And remember that the first trend direction of the day tends to look the most real, but seldom is, and that the 2nd trend direction of the day tends to look like just a pullback but is almost always the true trend. Stay focused. Keep your trading rules in front of you. Trade the Plan, not your opinions as to the meaning of apparent 'market action'.
Fri Jun10 Trade Summary
Trade Summary
20160610
Short 2 TF 1161.0, 1161.4, +1.0, +1.4
Short 2 NQ 4467.75, 4466.75, -2.0, +2.0
Short 2 YM 17819, 17818, +7, +15
Total YM +22
Total NQ -0.0
Total TF +2.4
20160610
Short 2 TF 1161.0, 1161.4, +1.0, +1.4
Short 2 NQ 4467.75, 4466.75, -2.0, +2.0
Short 2 YM 17819, 17818, +7, +15
Total YM +22
Total NQ -0.0
Total TF +2.4
Thurs Jun 9 Trade Summary
20160609
Short 2 TF 1181.7, 1181.0, +2.0, +1.0
Short 1 TF 1181.8, +1.1
Short 1 TF 1179.8, +1.0
Total TF +5.1
Short 2 TF 1181.7, 1181.0, +2.0, +1.0
Short 1 TF 1181.8, +1.1
Short 1 TF 1179.8, +1.0
Total TF +5.1
Wed Jun 8 Trade Summary
20160608
Short 1 NQ 4521.25, -0.0
Short 1 TF 1182.0, -0.3
Short 1 TF 1181.8, -0.5
Short 2 TF 1182.9, 1182.7, -0.5, -0.7
Short 2 TF 1182.9, 1182.7, 1.4, +0.2,
Long 1 TF 1180.8, +2.0
Short 1 NQ 4514.0, +2.0
Long 1 TF 1182.9, -0.5
Long 1 TF 1181.8, 1181.7, -0.5, +0.5
Total NQ +2.0
Total TF +1.1
Short 1 NQ 4521.25, -0.0
Short 1 TF 1182.0, -0.3
Short 1 TF 1181.8, -0.5
Short 2 TF 1182.9, 1182.7, -0.5, -0.7
Short 2 TF 1182.9, 1182.7, 1.4, +0.2,
Long 1 TF 1180.8, +2.0
Short 1 NQ 4514.0, +2.0
Long 1 TF 1182.9, -0.5
Long 1 TF 1181.8, 1181.7, -0.5, +0.5
Total NQ +2.0
Total TF +1.1
Tues Jun 7 Trade Summary
20160607
Long 1 TF 1176.8, -0.5
Short 1 NQ 4526.75, -0.0
Short 1 TF 1176.3, +2.5
Long 1 TF 1173.5, +1.4
Short 1 TF 1176.6, -0.4
Short 1 TF 1177.7, -0.3
Short 1 TF 1178.9, +1.5
Total NQ -0.0
Total TF +4.2
Long 1 TF 1176.8, -0.5
Short 1 NQ 4526.75, -0.0
Short 1 TF 1176.3, +2.5
Long 1 TF 1173.5, +1.4
Short 1 TF 1176.6, -0.4
Short 1 TF 1177.7, -0.3
Short 1 TF 1178.9, +1.5
Total NQ -0.0
Total TF +4.2
Mon Jun 6 Trades and Journal
20160606
Long 2 TF 1163.9, 1164.0, +1.0, +1.3
Short 1 TF 1166.3, -0.7
Short 2 TF 1168.5, 1168.6, -1.0, -1.0
Short 2 TF 1169.7, 1169.6. -0.7, -0.7
Short 2 TF 1171.6, 1171.7, +0.8, +1.6
PM trades:
Short 2 TF 1175.8, 1175.7, +0.5, -0.5
Short 1 TF 1176.4, -0.7
Short 1 TF 1177.2, -0.0
Short 1 TF 1177.7, -0.0
Total TF -0.1
So much of our success depends on our exits...on how much of the excursions we capture. And so much of our hold time can be tied to our interpretation of the action during that hold. If action seems tentative and stutter-step, the more likely we are to be happy with any decent profit before prices fall back into our entry zone. But Nature just loves to hide. ...and what can seem like tentative action can develop far beyond our expectations just after it shakes out all the lose position holders. When a valid signal has triggered you into the market, reconsider what you interpret as tentative action as an underlying trend in disguise. What it looks like at first, it isn't. What you fear it will fail to achieve, it will surpass. What you see in its early stages that lends it such doubt is just as easily seen by others....and others will be taking identical action. ...but 'everybody' is always wrong. Have the courage of your positioning convictions. There's no shame in taking a stop-out in the name of giving the entry model a fair chance. It's the Entry Model that deserves the true weight of the trend's potential merits...not the ensuing price action that is so deceptive to the market's true destiny.
Long 2 TF 1163.9, 1164.0, +1.0, +1.3
Short 1 TF 1166.3, -0.7
Short 2 TF 1168.5, 1168.6, -1.0, -1.0
Short 2 TF 1169.7, 1169.6. -0.7, -0.7
Short 2 TF 1171.6, 1171.7, +0.8, +1.6
PM trades:
Short 2 TF 1175.8, 1175.7, +0.5, -0.5
Short 1 TF 1176.4, -0.7
Short 1 TF 1177.2, -0.0
Short 1 TF 1177.7, -0.0
Total TF -0.1
So much of our success depends on our exits...on how much of the excursions we capture. And so much of our hold time can be tied to our interpretation of the action during that hold. If action seems tentative and stutter-step, the more likely we are to be happy with any decent profit before prices fall back into our entry zone. But Nature just loves to hide. ...and what can seem like tentative action can develop far beyond our expectations just after it shakes out all the lose position holders. When a valid signal has triggered you into the market, reconsider what you interpret as tentative action as an underlying trend in disguise. What it looks like at first, it isn't. What you fear it will fail to achieve, it will surpass. What you see in its early stages that lends it such doubt is just as easily seen by others....and others will be taking identical action. ...but 'everybody' is always wrong. Have the courage of your positioning convictions. There's no shame in taking a stop-out in the name of giving the entry model a fair chance. It's the Entry Model that deserves the true weight of the trend's potential merits...not the ensuing price action that is so deceptive to the market's true destiny.
Fri Jun 3 Trade Summary
20160603
Long 2 TF 1161.9, 1161.9, -0.1, -0.1
Long 3 TF 1161.1, 1161.6, 1160.5, -1.4, -1.4, -1.4
Long 4 TF 1159.0, 1158.7, 1158.6, 1158.5, -1.4, -1.4, -0.7, -0.8
Long 2 TF 1157.3, 1157.3, -0.7, -0.7
Short 3 TF 1159.3, 1159.3, 1159.5, +1.1, +1.1, +1.2
Total TF -6.7
Long 2 TF 1161.9, 1161.9, -0.1, -0.1
Long 3 TF 1161.1, 1161.6, 1160.5, -1.4, -1.4, -1.4
Long 4 TF 1159.0, 1158.7, 1158.6, 1158.5, -1.4, -1.4, -0.7, -0.8
Long 2 TF 1157.3, 1157.3, -0.7, -0.7
Short 3 TF 1159.3, 1159.3, 1159.5, +1.1, +1.1, +1.2
Total TF -6.7
Thurs Jun 2 Trade Summary
20160602
Long 2 NQ 4506.5, 4506.5, +2.0, +4.0
Long 1 TF 1159.0, -1.4
Long 2 TF 1157.3, 1157.3, +1.0, +1.4
Short 1 TF 1159.0, -0.0
Short 1 NQ 4500.0, -2.0
Short 2 NQ 4503.00, 4503.00, +2.0, -2.5
Short 2 YM 17734, 17734, +10, +13
Short 1 NQ 4508.0, -0.75
Short 1 NQ 4507.5, -1.5
Short 2 NQ 4511.5, 4511.5, +2.0, +3.0
Short 2 NQ 4516.75, 4516.5, +2.0, +3.0
Total YM +23
Total NQ +11.25
Total TF +1.0
Long 2 NQ 4506.5, 4506.5, +2.0, +4.0
Long 1 TF 1159.0, -1.4
Long 2 TF 1157.3, 1157.3, +1.0, +1.4
Short 1 TF 1159.0, -0.0
Short 1 NQ 4500.0, -2.0
Short 2 NQ 4503.00, 4503.00, +2.0, -2.5
Short 2 YM 17734, 17734, +10, +13
Short 1 NQ 4508.0, -0.75
Short 1 NQ 4507.5, -1.5
Short 2 NQ 4511.5, 4511.5, +2.0, +3.0
Short 2 NQ 4516.75, 4516.5, +2.0, +3.0
Total YM +23
Total NQ +11.25
Total TF +1.0
Wed Jun 1 Trade Summary
20160601
Long 1 NQ 4504.5, +3.0
Short 1 TF 1149.2, -0.4
Short 1 TF 1149.6, +1.2
Long 1 TF 1148.0, +3.0
Short 1 TF 1152.5, +1.0
Long 1 TF 1149.1, +1.2
Total NQ +3.0
Total TF +6.0
Long 1 NQ 4504.5, +3.0
Short 1 TF 1149.2, -0.4
Short 1 TF 1149.6, +1.2
Long 1 TF 1148.0, +3.0
Short 1 TF 1152.5, +1.0
Long 1 TF 1149.1, +1.2
Total NQ +3.0
Total TF +6.0
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