20170508
Short 1 YM 20917, -7
Short 1 TF 1394.3, -0.7
Short 2 YM 20924, 20924, +7, +7
Short 1 NQ 5642.5, +1.0
Long 1 TF 1391.9, -0.2
Long 4 TF 1390.6, 1390.6, 1390.9, 1390.7, -0.7, -0.7, -0.7, -0.7
Short 4 TF 1390.1, 1390.1, 1390.0, 1389.7, -1.4, -1.4, -0.7, -0.7
Short 1 NQ 5644.25, -1.0
Long 2 TF 1387.7, 1387.7, -0.7, -0.7
Long 2 TF 1385.7, 1385.7, -0.7, -0.7
Long 2 TF 1385.6, 1385.6, +1.0, +1.0
Total NQ -0.0
Total YM +7
Total TF -8.7
Traders often wish for less volatility instead of more. It allows their emotions and their thinking to 'keep up' with the market. But the worse thing for trading is low volatility grinding action. In such an environment, there are few climaxes to light the way, and structure seems just to drift out of any sense of completion. Today in the TF reminded me of trading the pork bellies....many many years ago. The sole aim of trend in the pork bellie market is simply to clear out all the stops, first in one direction, then in the next. Have a loss limit. Know where you must pull all your chips. Have a trade number maximum. At some point, it's just no longer worth it. Not every day is good for trading. Tomorrow is another day.
