20190918
Short 1 YM 27071, +30
Short 2 NQ 7892.0, 7892.75, -0.0, +3.0
Short 1 NQ 7892.0, -1.5
Short 1 NQ 7896.0, +5.25
PM Trades, post FOMC:
Long 2 NQ 7827.25, 7827.25, +5.0, +10.0
Total YM +30
Total NQ +21.75
Was once hired to make trade calls in a large subscription chat room. Ii required sitting in front of the screen all day. Glad I no longer have to do that, but the task did give me a lot of FOMC action experience over the years. The truly beautious thing about the Serial Sequent Fractal Algorithm is that it is Anti-Fragile. So many methods fail to withstand the rigors of a multitude of market conditions. In fact, the major of auto-trading by 'the computers' using algorithms demonstrate they are only optimized for certain kinds of action, and have no way of knowing when to switch to another algorithm altogether that may better accommodate an opposing condition. When, for instance, do you actually know that consolidation is finally at hand, and trendiness is over? Is easy to see in arrears in the hourly charts of all session chart bars, but not so easy to know what you face in the First Frame of any given trading day in advance of its arrival. With Serial Sequent, it doesn't matter; nether the periods of consolidation, the impulsive nature of selling pressure or news chased short covering, nor the volatility that follows chart punctuation marks like the FOMC rate decisions. Serial Sequent exposes the underlying DNA of market structure. And nothing exposes structure better than volatility. a good evening to all, and cya manana..
