20210810
Short 5 MNQ 13928.75, 13928.75, 13928.75, 13928.75, 13928.75, -5.25, -5.25, -5.25, -5.25, -5.25,
Short 5 MNQ 13940.25, 13940.25, 13940.25, 13940.25, 13940.25, -5.25, -5.25, -5.25, -5.25, -5.25,
Long 5 MNQ 13909.5, 13909.5, 13909.5, 13909.5, 13909.5, -5.25, -5.25, -5.25, -5.25, -5.25,
Long 1 YM 34598, -11
Long 5 MNQ 13867.5, 13867.5, 13867.5, 13867.5, 13867.5, -5.25, -5.25, -5.25, -5.25, -5.25,
Long 5 MES 4228.25, 4228.25, 4228.25, 4228.25, 4228.25, -2.75, -2.75, -2.75, -2.75, -2.75,
Long 1 RTY 2308.1, -1.5
Long 5 MNQ 13849.00, 13849.00, 13849.00, 13849.00, 13849.00, -5.25, -5.25, -5.25, -5.25, -5.25,
Total MES -13.75
Total MNQ -131.25
Total YM -11
Total RTY -1.5
To say such days as today fall into the extreme volatility is only to state the obvious. But more, to capture a pullback within a perceived trend is to be fooled into thinking pullbacks are not in fact new, true trends. There are no "pullbacks". There are only long and super over-extending true trends. Therefore, one must learn to identify the middle ground where normal pullbacks might reside as breakout entry triggers on the way into the new over-extended extremes of the second fresh trend.
Try putting that into the Trade Plan of the majority of trading days and your trading account will disappear quickly. Breakouts are tricky as it is on any day. But to succeed with breakouts on days like today, you have to learn the skills necessary to shake off the trend prejudice that develops from the pure amazement at the trend your ego has just missed. "I have to at least get a piece of it", your mind is saying. "Or how else can I possibly save face?"
And just so is the internal opposition towards using these middle areas coming back down into the "false pullback" as triggers for the new, true trend about to unfold with equal but in fact far greater amazement than the trend you just missed.
It would all be rather just amusing if it weren't for the fact that a cold, mechanical treatment of the Inflection Breakouts offered by your pet technical analysis tool, Serial Sequent Fractal Algorithm had not given you the exact places in that foreboding middle ground to trigger breakout entries into the budding new trend. "Is there any more room on your face for mud?" was the only question left residing for my late morning coffee.