Tues Oct 19 2021 Trade Signal Summary

20211019

 

Short 5 MNQ 15335.25, 15335.25, 15335.25, -5.25, -5.25, -5.25, 

Short 3 M2K 2269.8, 2269.8, 2269.8, -1.4, -1.4, -1.4, 

Short 5 MNQ 15350.25, 15350.25, 15350.25, +24.75, +24.75, +24.75, 

Short 3 M2K 2270.7, 2270.7, 2270.7, +4.0, +4.0, +4.0, 

Long 3 MNQ 15315.5, 15315.5, 15315.5, +12.25, +12.25, +12.25, 

 

Total M2K +7.8

Total MNQ +95.25

Mon Oct 18 2021 Trade Signal Summary

20211018

 

Short 3 MES 4445.25, 4445.25, 4445.25,  -2.75, -2.75, -2.75, 

Short 6 MNQ 15157.75, 15157.75, 15157.75, 15156.5, 15156.5, 15156.5,+16.0, +16.0, +16.0,+11.25, +11.25, +11.25, 

 Short 6 MNQ 15174.0, 15174.0, 15174.0, 15178.25, 15178.25, 15178.25, -6.5, -6.5, -6.5, -7.25, -7.25, -7.25,

Short 6 MNQ 15192.5, 15192.5, 15192.5, 15190.25, 15190.25, 15190.25,  -5.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 9 MNQ 15197.5, 15197.5, 15197.5, 15198.5, 15198.5, 15198.5, 15197.0, 15197.0, 15197.0, -7.0, -7.0, -7.0, -6.75, -6.75, -6.75, +7.50, +7.50, +7.50, 

Short 3 MES 4474.25, 4474.25, 4474.25, +5.0, +5.0, +5.0, 

Short  3 MNQ 15210.5, 15210.5, 15210.5, +5.0, +5.0, +5.0, 

Short 3 MNQ 15210.5, 15210.5, 15210.5, -2.25, -2.25, -2.25,

Short 3 MNQ 15209.25, 15209.25, 15209.25, -2.5, -2.5, -2.5, 

Short 3 MNQ 15213.5,  15213.5, 15213.5,  -1.5, -1.5, -1.5, 

Short 6 MNQ 15285.75, 15285.75, 15285.75, 15284.5, 15284.5, 15284.5,  +14.75, +14.75, +14.75, +11.5, +11.5, +11.5, 

 

Total MES +6.75

Total MNQ +65.25

Fri Oct 15 2021, no trades, away from the market

Thurs Oct 14 2021 Trade Signals and Journal

20211014

Short 3 MNQ 1409.7, 1409.7, 1409.7, +9.5, +9.5, +9.5, 

Short 3 M2K 2262.7, 2262.7, 2262.7, -1.5, -1.5, -1.5, 

Short 3 M2K  2267.2, 2267.2, 2267.2,+3.6, +3.6, +3.6, 

Short 3 MNQ 14950.5, 14950.5, 14950.5, -3.75, -3.75, -3.75, 

Short 3 MNQ 14969.25, 14969.25, 14969.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 14973.5, 14973.5, 14973.5, -5.25, -5.25, -5.25,

Short 3 MNQ 14983.75, 14983.75, 14983.75, -1.25, -1.25, -1.25, 

Short 3 MNQ 14988.75, 14988.75, 14988.75,+12.5, +12.5, +12.5, 

Long 3 MNQ 14967.5, 14967.5, 14967.5,+14.0, +14.0, +14.0, 

Long 6 MNQ 15013.75, 15013.75, 15013.75, 15014.25, 15014.25, 15014.25, +17.00, +17.00, +17.00,+22.25, +22.25, +22.25, 

Total MNQ +178.25

Total M2K +2.1 

The 'Last Chance Texaco' trade comes on Persistent Trend Days, where little if any swing opportunities present themselves in the early going.   But if no correction to the trend has been made in the Midday Frame, chances are pretty high that one will come near or after the 2:30pm ET Transition Time Marker.  That opportunity presents itself often with a swift, sharp move that knifes into the 200 EMA.   And indeed, it often feels like you're trying to catch the proverbial falling knife.    The normal behavior is when the 200 acts like a trampoline and throws price back up through both MA's, and often on to a new price extreme.    It is usually best to exit as the new price extreme in the trend approaches, in case it doesn't make it.    

More examples of this can be seen in our trading manual Pivots, Patterns and Intraday Swing Trades, available online.

 

Wed Oct 13 2021 Trade Signals and Journal

20211013

 

Long 3 M2K 2231.9, 2231.9, 2231.9, -1.5, -1.5, -1.5, 

Long 3 M2K 2229.6, 2229.6, 2229.6, -1.5, -1.5, -1.5, 

Long 3 M2K 2227.1, 2227.1, 2227.1, -0.4, -0.4, -0.4, 

Long 3 MYM 34160, 34160, 34160,  -11, -11, -11,

Long 3 MNQ 14703.75, 14703.75, 14703.75, -5.25, -5.25, -5.25, 

Long 3 MNQ  14699.75, 14699.75, 14699.75, -5.25, -5.25, -5.25, 

Long 3 M2K 2223.9, 2223.9, 2223.9, -1.5, -1.5, -1.5,

Long 3 M2K 2221.8, 2221.8, 2221.8, -1.5, -1.5, -1.5,

Long 3 M2K 2219.3, 2219.3, 2219.3, -0.2, -0.2, -0.2, 

Long 3 MES 4322.75,  4322.75, 4322.75, -2.75, -2.75, -2.75, 

Long 3 M2K 2213.2,  2213.2, 2213.2, -1.5, -1.5, -1.5,

Long 3 MES 4321.5, 4321.5, 4321.5, +6.0, +6.0, +6.0, 

Long 3 MNQ 14679.75, 14679.75, 14679.75, -.5.25, -5.25, -5.25,

Long 3 MNQ 14676.25, 14676.25, 14676.25, -.5.25, -5.25, -5.25,

Long 3 MNQ 14699.0, 14699.0, 14699.0, -5.25, -5.25, -5.25,

Long 3 MNQ 14697.25, 14697.25, 14697.25, -5.25, -5.25, -5.25,

Short 3 MNQ 14782.75, 14782.75, 14782.75, +40.75, +40.75, +40.75, 

 

Total MES +9.75

Total MYM -33

Total MNQ +27.75

Total M2K -24.3

 

Few of the many stop-out trades I experienced in the early going of the 1st Frame were caused by being wrong about an impending reversal or signal zone.   But this is the frustration of trading extreme volatility and whippy action.   You can be clear about your trade plan signals, and still be missing entries on action that gets away from you, or stopped out by large tail whipping turns that don't accommodate even a reasonable stop loss distance.     

 

But towards the posted econ news schedule of 2pm ET, the recovery rally achieved what we call in the language of this fractal algorithm, the Third Substitute Sequent.  The news spike was so fast that I missed the spike altogether, and was only able to enter the trade by waiting for and end-of-bar entry technique, which only went against me a few points, before falling vertically down for some 75 points, of which I was able to catch little more than half, but enough to ease the pain of 1st Frame.

Tues Oct 12 2021 Trade Signals and Journal

20211012 

Long 3 MNQ 14720.25, 14720.25, 14720.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 14706.0, 14706.0, 14706.0, -0.25, -0.25, -0.25, 

Long 3 MNQ 14685.25, 14685.25, 14685.25, -5.25, -5.25, -5.25,

Long 3 MNQ 14672.5, 14672.5, 14672.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 14664.75, 14664.75, 14664.75,  +25.25, +25.25, +25.25, 

Short 3 MYM 34425, 34425, 34425, -11, -11, -11, 

Short 3 MYM 34435, 34435, 34435, +41, +41, +41, 

Short 3 MNQ 14640.5, 14640.5, 14640.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 14722.0, 14722.0, 14722.0, +2.25, +2.25, +2.25, 

Short 3 MNQ 14728.5, 14728.5, 14728.5, +6.5, +6.5, +6.5, 

 

Total MYM +90

Total MNQ +38.25 

Trade action remains extremely volatile, producing big swoons from which fast reversals take place, only to come up shy of counter trend signals for the trip back into trend.    Traders seem nervous and at times almost desperate to avoid getting caught short, but resurface from most grinding new lows before any real trend following can be exercised.   Stay light, keep the losses small.   Good trading to all....

Mon Oct 11 2021 Trade Signal Summary

20211011 

 

Long 3 MNQ 14471.0, 14471.0, 14471.0, +28.5, +28.5, +28.5, 

Short 3 MNQ 14830.25, 14830.25, 14830.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 14834.75, 14834.75, 14834.75, -5.25, -5.25, -5.25, 

Short 3 MNQ 14842.5, 14842.5, 14842.5, -5.25, -5.25, -5.25, 

Short 3 MES 4401.0, 4401.0, 4401.0, -2.75, -2.75, -2.75, 

Short 3 MNQ 14874.25, 14874.25, 14874.25, +1.25, +1.25, +1.25, 

Short 3 MNQ 14897.75, 14897.75, 14897.75, -2.0, -2.0, -2.0, 

Short 3 MNQ 14894.75, 14894.75, 14894.75, +12.25, +12.25, +12.25,

Total MES -8.25

Total MNQ +72.75

Thur Oct 7, Fri Oct 8 2021 No trades, away from market until Monday

Wed Oct 6 2021 Trade Signal Summary

20211006

 

Short 3 MNQ 14636.0, 14636.0, 14636.0, +20.5, +20.5, +20.5, 

Long 3 M2K 2196.9, 2196.9, 2196.9, -1.5, -1.5, -1.5, 

Long 3 M2K 2195.2, 2195.2, 2195.2, -1.5, -1.5, -1.5, 

Long 3 MNQ 14561.25, 14561.25, 14561.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 14556.0, 14556.0, 14556.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 14538.5, 14538.5, 14538.5, -5.25, -5.25, -5.25, 

Long 3 MYM 33744, 33744, 33744, -11, 11, -11

Long 3 MYM 33727, 33727, 33727, -11, 11, -11

Short 3 MNQ 14545.75, 14545.75, 14545.75, -5.25, -5.25, -5.25, 

Short 3 MNQ 14556.5, 14556.5, 14556.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 14580.0, 14580.0, 14580.0, +11.0, +11.0, +11.0, 

Short 3 MNQ  14576.25, 14576.25, 14576.25, +16.50, +16.50, +16.50, 

 

Total MYM -66

Total MNQ +65.25

Total M2K -9.0

Tues Oct 5 2021 Trade Signal Summary

20211005

 

Short 3 MNQ 14584.25, 14584.25, 14584.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 14586.75, 14586.75, 14586.75, -5.25, -5.25, -5.25, 

Short 3 M2K 2228.4, 2228.4, 2228.4, -0.2, -0.2, -0.2,

Short 3 MYM 34181, 34181, 34181, -11, -11, -11, 

Short 3 MYM 34216, 34216, 34216, -11, -11, -11, 

Short 3 MNQ 14629.75, 14629.75, 14629.75,+0.75, +0.75, +0.75, 

Short 3 MNQ 14230.5, 14230.5, 14230.5,+18.0, +18.0, +18.0, 

Short 3 MYM 34305, 34305, 34305, -11, -11, -11, 

Total MYM -99

Total MNQ +54.00

Total M2K -0.6

Mon Oct 4 2021 Trade Signal Summary

20211004

Long 3 M2K 2224.3, 2224.3, 2224.3,+4.7, +4.7, +4.7, 

Long 3 MNQ 14584.4, 14584.4, 14584.4, -5.25, -5.25, -5.25, 

Long 3 MNQ 14581.25, 14581.25, 14581.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 14577.0, 14577.0, 14577.0,  -5.25, -5.25, -5.25, 

Long 3 M2K 2223.5, 2223.5, 2223.5, -0.9, -0.9, -0.9, 

Long 3 M2K 2215.0, 2215.0, 2215.0, -1.5, -1.5, -1.5, 

Long 3 MYM 33964, 33964, 33964, -11, -11, -11, 

Long 3 MYM 33958, 33958, 33958, -8, -8, -8, 

Long 3 MNQ 14460.75, 14460.75, 14460.75, -5.25, -5.25, -5.25, 

Long 3 MNQ 14450.0 -5.25, -5.25, -5.25, 

Long 3 M2K 2208.4, 2208.4, 2208.4, -1.5, -1.5, -1.5, 

Long 3 M2K 2206.2, 2206.2, 2206.2, +7.0, +7.0, +7.0, 

Long 3 M2K 2205.0, 2205.0, 2205.0, -1.5, -1.5, -1.5,

Long 3 M2K 2204.2, 2204.2, 2204.2, -1.5, -1.5, -1.5,

Long 3 M2K 2203.4, 2203.4, 2203.4, -1.5, -1.5, -1.5,

Long 3 M2K 2202.9, 2202.9, 2202.9, +5.9, +5.9, +5.9, 

Long 3 MNQ 14401.75, 14401.75, 14401.75, -5.25, -5.25, -5.25, 

Long 3 MNQ 14403.25, 14403.25, 14403.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 14406.0, 14406.0, 14406.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 14407.5, 14407.5, 14407.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 14408.25, 14408.25, 14408.25 -5.25, -5.25, -5.25, 

Long 3 MNQ 14394.0, 14394.0, 14394.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 14391.5, 14391.5, 14391.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 14388.5, 14388.5, 14388.5, -5.25, -5.25, -5.25, 

 

PM trades: 

Short 3 MNQ 14448.25, 14448.25, 14448.25, +21.5, +21.5, +21.5, 

Short 6 MNQ 14470.25, 14478.75 14482.5, 14487.5, 14489.75, 14491.5, -8.5, -0.0, +3.75, +12.0, +19.5, +40.0

 

Total MNQ -73.5

Total M2K  +27.6

Fri Oct 1 2021 Trade Signal Summary

20211001

 

Long 3 M2K 2200.9, 2200.9, 2200.9, +1.5, +1.5, +1.5, 

Long 1 NQ 14630.25, +14.0

 

Total M2K +4.5

Total NQ +14.0

Thur Sep 30 2021 Trade Signal Summary

20210930 

 

Short 3 MES 4368.75, 4368.75, 4368.75, -2.75, -2.75, -2.75, 

Short 3 M2K 2235.5, 2235.5, 2235.5, -1.5, -1.5, -1.5, 

Short 3 M2K 2236.6, 2236.6, 2236.6, -1.5, -1.5, -1.5, 

Short 3 M2K 2237.5, 2237.5, 2237.5, -1.5, -1.5, -1.5, 

Short 3 MYM 34368, 34368, 34368,+68, +68, +68, 

Short 3 MNQ 14837.75,  14837.75, 14837.75, +12.5, +12.5, +12.5, 

Short 3 MNQ 14865.0, 14865.0, 14865.0, +19.0, +19.0, +19.0, 

Long 3 MNQ 14792.25, 14792.25, 14792.25, +14.75, +14.75, +14.75, 

 

Total MES  -8.25

Total MYM +204

Total MNQ  +138.75

Total M2K -13.5

Wed Sep 29 2021 Trade Signal Summary

20210929 

 

Short 3 MNQ 14881.0, 14881.0, 14881.0, -5.25, -5.25, -5.25, 

Short 3 MNQ 14882.75, 14882.75, 14882.75, -5.25, -5.25, -5.25, 

Short 3 MNQ 14895.5, 14895.5, 14895.5, -5.25, -5.25, -5.25, 

Short 3 MES 4369.0, 4369.0, 4369.0, -2.75, -2.75, -2.75, 

Short 3 MES 4373.5, 4373.5, 4373.5, +7.5, +7.5, +7.5, 

Long 3 MNQ 14825.0, 14825.0, 14825.0, +13.75, +13.75, +13.75, 

Short 3 MES 4375.25, 4375.25, 4375.25, +3.0, +3.0, +3.0, 

 

Total MES +23.25

Total MNQ  -6.0