20190805
Long 2 YM 25955, 25955, -9, -9
Long 2 ES 2875.75, 2875.75, +2.0, -0.5
Long 1 RTY, 1501.0, -1.4
Long 1 RTY 1598.01, -1.4
Long 2 RTY 1597.0, 1597.0, +3.0, +2.0
Long 1 NQ 7585.0, +15.5
Long 1 NQ 7585.0, -1.5
Long 1 NQ 7584.0, +10.0
PM trades:
Long 2 NQ 7365.25, 7365.25, +6.5, +10.0
Long 1 NQ 7365.5, -2.25
Long 2 RTY 1471.0, 1471.0, +3.0, +5.6
Long 2 YM 25489, 25489, +26, +91
Total ES +1.5
Total YM +99
Total NQ +40.5
Total RTY +10.8
I seldom come back now for the 2nd and 3rd Frames of the Day. The 1st Frame is so dynamic and volatile, it tends to expose its swing signals with the Sequent algorithm with great regularity. Why sit all day in front of the screen when there is so much opportunity in the early going? It didn't use to be this way. In times past, almost all of my trades would come from the Midday and Last Hour frames, as I would stalk the larger patterns that would often come to fruition around the 2:30 Transition Time. But today's volatility was just too much to resist. Returning just after the Transition Time, the market had still still not rallied hard enough to take out the 200 MA, for a Last Chance Texaco, so that big bounce was likely. But equipped with the Sequent tool, I might be able to ride along for the trip back up, rather than waiting it out, and fishing for that one last buying spike that often turns into Last Hour new lows. And combined with the TTI, True Trend Momentum Indicator, Serial Sequent was screaming that the selling structure had reached a critical turning point. ...thus my last trades were long, against the prevailing selling.
