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.
