20170308
Short 2 TF 1381.6, 1381.4, 1382.1, +0.4, -0.0, +1.5
Long 1 TF 1378.6, -0.1
Long 2 TF 1377.3, 1377.5, +1.1, +1.5
Long 1 TF 1377.3, -0.6
Short 5 TF 1376.3, 1376.3, 1377.2, 1377.2, 1377.4, -1.6, -1.6, -0.7, -0.7, -0.8
Long 2 NQ 5364.25, 5364.25, +2.0, +3.0
Long 2 TF 1371.0, 1371.0, +0.5, -0.0
Long 2 NQ 5355.0, 5355.5, +2.0, +3.0
Short 2 TF 1374.1, 1373.9, -0.0, +1.2
Total NQ +10.0
Total TF +0.1
Most of my losing days are associated with large divergences between the indices. If it's the NQ going one way, the TF is going the other. The larger frame charts have told this story well over the last few months, and is echoed down into the lowest time frames in tandem. Sometimes, the best strategy is just to take both signals, even if it puts you into opposing positions. One will surely fail eventually. The problem is, one failing does not assure that the other will succeed, as opposing trend directions often produce very choppy, stutter-step action. Therefore, you can lose in both...
So, on such days of obvious divergence in trend, keep your loses small, reduce your frequency of trades and your trade size. Some days are better trading than others....
