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...
