20180510
Short 1 NQ 6915.25, -2.0
Short 2 YM 24611, 24611, +10, +20
Short 3 RTY 1601.2, 1601.2, 1601.5, +1.0, -0.0, -0.3
Short 1 NQ 6930.5, +5.0
Short 2 RTY 1602.1, 1602.4, -0.8, +0.8
Short 2 YM 24622, 24628, -12, +10
Short 2 NQ 6934.5, 6934.0, +4.0, -2.0
Short 1 NQ 6936.25, -3.0
Short 1 NQ 6937.75, -1.5
Short 2 YM 24652, 24652, +10, -10
Short 2 RTY 1603.6, 1603.6, +0.8, -0.8
Short 2 YM 24655, 24655, -10, -10
Short 2 NQ 6941.74, 6941.75, +3.0, -3.0
Short 2 RTY 1604.0, 1604.0, -0.5, -0.5
Short 2 YM 24673, 24673, +10, -11
Short 1 NQ 6944.25, -2.0
Short 2 RTY 1604.4, 1604.4, -0.6, -0.6
Short 2 NQ 6949.0, 6949.0, +2.0, -1.0
Total YM +7
Total NQ -0.5
Total RTY -1.5
Persistent Trend Days are often the most difficult to trade. Ideally, a First Chance Texaco pullback will appear that allows you to get on board and in trend. ....but not today. Sometimes the secret to just staying alive on fades is to recognize the action and model earlier enough to plan for and adjust targets. For although the market will still pause at the Sequents and Substitute Sequents, a position that is not 'paid for' by a very modest partial exit will usually the suffering the indignity of being stopped out rather quickly. Keep most of your powder dry. Tomorrow is another day, and most day models are NOT the Persistent Trend.
