Wed Aug 15 Trade Signals & Journal

20180815
Short 2 NQ 7417.25, 7417.25, +4.0, +7.0
Long 1 YM 25082, -7
Long 2 RTY 1682.0, 1682.0, +1.0, -1.5
Long 2 YM 25066, 25066, +1, +1
Long 1 NQ 7381.75, -0.5
Long 2 RTY 1679.2, 1679.4, -1.5, -1.5
Long 4 RTY 1677.9, 1677.9, 1677.9, 1677.5, -1.0, -1.0, -1.0, -0.7
Long 2 YM 25004, 25004, +25, +10
Long 4 RTY 1673.9, 1673.9, 1673.9, 1673.9, +1.0, +1.0, -0.1, -0.1
Long 2 NQ 7332.25, 7332.25, -2.25, -2.25
Long 3 NQ 7329.75. 7329.75, 7329.75, +3.0, -2.25, -2.25
Long 2 YM 24985, +12, +40
Long 4 NQ 7319.5, 7319.5, 7319.5, 73.19.5, +6.0, +6.0, +8.0, +20.0
Total YM +82
Total NQ +44.5
Total RTY -5.4

Trade Entry Models are the combination of disparate technical event concepts that arrive simultaneously at the right edge of the video screen. They do not predict the violence of volatility, or the lack thereof. But oddly, they actually work better if a good deal of volatility is present. Wave fractals are more pronounced. Short covering is more desperate. Retests are more common that help show discrepancy in breadth and momentum. But the volatility is far more difficult to handle. Once in a position that is taken from extremes, it is best to just stay calm and let it work a bit. It might fail repeatedly to test the further support/resistance structure of the Pivot Exhaustion Grid. It may extend the current fractal structure to seek a further occurrence of the algorithm pattern we call Serial Sequent. ...and to further the difficulty, you might have dug yourself into a deficit as successive support levels fail. Have a maximum loss limit in mind before you enter any trades at all. Have a set of Trade Entry Models that help identify with some consistency the most likely places for the fractal waves to turn, pause, build and reverse. If this loss limit has not been reached, and you have been given an even more extended level to re-enter, partial out to pay for the trade, and then allow it a bit of breathing room to work. Look for target exits rather than trailing stops. Those are just 'come-get-me' messages to the market. Rather, use targets to let your position go INTO the thrusts for better returns.