Fri Jul 29 Trades & Journal

2016029
Short 1 TF 1215.0, +1.2
Long 1 TF 1209.1, -1.4
Long 2 TF 1207.9, 1207.9, +1.0, -0.2
Long 2 YM 18308, 18301, +13, +7
Short 1 TF 1211.0, -0.2
Short 1 TF 1210.9, -0.2
Short 1 TF 1211.2, +1.0
Total YM +20
Total TF +1.2

Using the methods offered by the Serial Sequent studies and the Pivot/Exhaustion Grid, pullbacks into 2nd trends and fades at 1st trend extremes are the most consistent opportunities. But when pullbacks remain shy of targets, 2nd trend breakouts can offer the only clear way to participate...and breakouts can be fraught with false starts and enough choppy action to thwart remaining in the position successfully. But on some days, the breakouts are just magic...if you can only muster the faith to take them. At times, there seems a missing, secret ingredient in knowing where the clean breakouts lie versus those that will fail shortly upon entry. Keep an open mind. Maybe a flash of lightning insight will yet appear, and the perfect set of breakout filters to that Technical Event Concept will be complete. ....and a good weekend to all...