20210513
Short 5 MNQ 13140.25, 13140.25, 13140.25, 13140.25, 13140.25,+30.5, +30.5, +30.5, +30.5, +30.5,
Short 10 M2K, 2171.5, 2171.5, 2171.5, 2171.5, 2171.5, 2171.5, 2171.5, 2171.5, 2171.5, 2171.5, -0.7, -0.7, -0.7, -0.7, -0.7, -0.7, -0.7, -0.7,
Short 10 M2K 2176.8, -0.7, -0.7, -0.7, -0.7, -0.7, -0.7, -0.7, -0.7, -0.7,
Short 10 M2K 2177.3, 2177.7, -1.0, -1.0, -1.0, -1.0, -1.0, -0.7, -0.7, -0.7, -0.7, -0.7,
Short 5 M2K 2178.3, 2178.3, 2178.3, 2178.3, 2178.3, -1.0, -1.0, -1.0, -1.0, -1.0,
Short 5 MNQ 13195.25, 13195.25, 13195.25, 13195.25, 13195.25, +17.5, +17.5, +17.5, +17.5, +17.5,
Short 5 MNQ 13211.25, 13211.25, 13211.25, 13211.25, 13211.25, +28.0, +28.0, +28.0, +28.0, +28.0,
Total M2K -27.5
Total MNQ +380.0
There are three to six elements that can be feathered into a complete Technical Entry Event for futures trading. Momentum, Pivot-Exhaustion price levels, Time Markers, Breadth / Leadership of Signal, Day Model and Fractal Algorithm. Of these, Momentum, Pivot-Exhaustion Grid numbers and Fractal Algorithm are sort of a base minimum requirement before Entries should be triggered.
But what if the Pivot-Exhaustion Grid number you are relying on as that last pre-entry element is simply the wide zone of an end-of-trend thrust finalé? It's not like a trader has infinite stop-loss allowance to accommodate such unpredictable price spikes... Where to actually get in?
Two critical elements of price behavior can offer significant assistance. The first is Rule of Alternation. Borrowed from the Elliott Wave boys (one of the few useful things I ever garnered from that painfully clumsy school of thought). As applied to Fractal Algorithm, it simply states small waves are likely to follow big, and if no big waves are yet apparent in the trend, the trend is likely to finish in one.
The second is End-of-Bar. If you are unfamiliar with this item, just open a gadget clock on your desktop with a sweeping second hand. As the market opens each day, up date your O/S clock to the atomic clock, in order to sync it to the second. Then keep an eye on end-of-trends, and imagine your entry action having waited for the end of bar. You be amazed at how close you can come to entering on the actual turns, given you did, indeed, wait for the proper climax in momentum and have crossed a price level from the Exhaustion Grid.
...and good trading to all...