Tues Mar 21 Trade Summary

20170321
Long 2 TF 1386.9, 1387.1, -1.4, -0.0
Long 2 TF 1383.3, 1383.5, -1.4, -1.4, -1.4, -1.4
Long 6 TF 1381.1, 1381.1, 1381.1, 1381.1, 1381.1, 1381.1, -0.7, -0.7, -0.7, -0.7, -0.7, -0.7
Long 8 TF 1375.3, 1375.3, 1375.3, 1375.3, 1375.3, 1375.3, 1375.5, 1375.5, +2.2, +2.2, +2.2, +2.2, +1.5, +1.5,+2.0, +2.0,
Long 4 TF 1372.1, 1372.1, 1371.7, 1371.7, -1.4, -1.4, -1.4, -1.4
Long 2 TF 1369.7, 1369.7, -1.4, -1.4
Long 6 TF 1368.6, 1368.6, 1368.6, 1368.6, 1368.6, 1368.6, +2.0, +2.0, +2.0, +2.0, +2.0, +2.0
Total TF +8.2

Mon Mar 20 Trades and Journal

20170320
Short 2 YM 20856, 20856, +5, -5
Short 4 TF 1383.7, 1383.7 1384.0, 1384.0, +0.7, +0.5, +0.7, -0.7
Short 6 TF 1384.7, 1384.7, 1385.2, 1386.0, 1386.2, 1386.2, -1.7, -1.7, -1.4, -1.4, -1.4, -1.4
Short 6 TF 1387.4, 1387.4, 1387.4, 1387.4, 1387.4, 1387.4, +3.0, +3.0, +3.0, +3.0, +3.0, +3.0
Total YM -0
Total TF +10.2

Breadth and divergence can be very tricky. Sometimes the TF contract can be a good 'tell' as to the market's eventual intentions. But leadership can take turns. And in the give in take of a game of tug-a-war, one side can get dragged into playing catch-up to the other before getting its footing and regaining the upper hand. However, my early shorts in the TF today were a bit excessive. I lacked patience and needed just a bit more of a wait-n-see aspect to the development. But what's worst of all, is how many times this has happened to me. Lessons are hard to learn..... Stay focused. Learn from your mistakes.

Fri Mar 17 Trade Summary

20170317
Long 2 TF 1381.7, 1381.7, -1.0, -1.0
Long 2 YM 20890, 20890, +7, -2
Long 2 NQ 5414.0, 5414.0, +2.0, -2.0
Short 2 NQ 54.14.25, 5414.5, -0.0, -0.0
Long 3 YM 20876, 20876, 20876, +7, -2, -4
Long 2 TF 1381.5, 1381.5, +0.7, -0.5
PM Trades:
Short 2 TF 1387.6, 1387.6, -0.3, -0.7
Short 2 TF 1389.3, +.04, +1.1
Total YM +6
Total NQ -0.0
Total TF -1.3

Thurs Mar 16 Trade Summary

20170316
Short 2 TF 1384.9, 1384.9, +0.5, -.5
Short 2 TF 1384.9, 1384.9, +0.7, +1.0
Short 2 NQ 5424.0, 5424.0, +2.0, +3.0
Long 4 TF 1385.0, 1384.9, 1384.0, 1384.1, -0.0, -0.1, +1.1, +1.0
Long 1 NQ 5413.75, +1.0
Total NQ +6.0
Total TF +3.7

Wed Mar 15 Trade Summary

20170315
Short 2 TF 1370.4, 1370.4, +1.3, +1.0
Short 1 TF 1370.4, -0.4
Short 2 TF 1371.0, 1370.8, -0.0, -0.6
Long 1 TF 1371.6, -0.1
Long 2 TF 1369.5, 1369.5, +0.5, +1.7
Short 1 TF 1379.3, -0.7
Short 2 TF 1374.7, 1374.7, +0.5, +1.4
Total TF +4.6

Tues Mar 14 Trade Summary

20170314
Long 1 YM 20756, -7
Long 2 NQ 5364.75, 63.54.75, +3.0, +7.0
Short 2 TF 1354.9, 1354.9, -2.0, -2.0
Short 2 NQ 5374.25, 5374.25, +2.0, +5.0
Short 3 TF 1357.8, 1357.8, 1357.8, +1.6, +1.6, +1.6
Short 2 YM 20814, 20814, +7, -2
Short 1 TF 1359.8, +1.5
Total YM -2
Total NQ +17.0
Total TF +2.3

Mon Mar 13 Trade Summary

Trade Summary
20170313
Long 2 TF 1364.5, 1364.5, +1.0, +2.0
Short 4 TF 1368.3, 1368.1, 1368.2, 1368.6, -2.0, -2.0, -1.4, -1.4
Short 6 TF 1371.6, 1371.6, 1371.6, 1371.6, 1371.6, 1371.6, +2.0, +2.0, +2.0, +1.5, +3.0, +3.0
Short 2 TF 1371.4, 11373.1, -0.5, +1.2
Long 2 TF 1369.2, 1369.2, +0.7, +1.5
Total TF +12.6

Fri Mar 10 Trade Summary

20170310
Short 1 TF 1366.4, -0.7
Long 3 TF 1364.7, 1364.7, 1364.6, +1.0, +1.0, -0.3
Long 2 TF 1364.2, 1364.4, +2.0, +2.0
Short 2 TF 1368.1, 1368.1, -0.1, -0.1
Long 3 TF 1363.4, 1363.4, 1363.0, +1.0, +0.7, +1.0
Total TF +7.5

Thurs Mar 9 Trade Summary

20170309
Short 1 TF 1164.5, +1.0
Long 1 TF 1165.0, -0.1
Short 1 NQ 5360.75, -2.0
Short 2 TF 1367.4, 1367.4, -0.2, -0.2
Short 2 NQ 5366.0, 5366.0, +2.0, +4.0
Short 2 TF 1368.8, 1368.8, +0.7, -0.7
Short 2 YM 20892, 20892, -2, -2
Long 2 TF 1167.8, 1367.8, +0.7, +1.1
Long 1 NQ 5352.25, -1.0
Long 2 NQ 5360, 5360.0, +2.0, +3.0
Long 2 TF 1366.4. 1366.4, +0.7, +1.4
Long 2 TF 1365.0, 1365.1, +0.5, -0.7
Long 4 TF 1364.0, 1364.0, 1364.0, 1364.0, +0.5, +0.5, +1.9, +1.6
Total NQ +8.0
Total TF +8.7

Wed Mar 8 Trades & Journal

20170308
Short 2 TF 1381.6, 1381.4, 1382.1, +0.4, -0.0, +1.5
Long 1 TF 1378.6, -0.1
Long 2 TF 1377.3, 1377.5, +1.1, +1.5
Long 1 TF 1377.3, -0.6
Short 5 TF 1376.3, 1376.3, 1377.2, 1377.2, 1377.4, -1.6, -1.6, -0.7, -0.7, -0.8
Long 2 NQ 5364.25, 5364.25, +2.0, +3.0
Long 2 TF 1371.0, 1371.0, +0.5, -0.0
Long 2 NQ 5355.0, 5355.5, +2.0, +3.0
Short 2 TF 1374.1, 1373.9, -0.0, +1.2
Total NQ +10.0
Total TF +0.1

Most of my losing days are associated with large divergences between the indices. If it's the NQ going one way, the TF is going the other. The larger frame charts have told this story well over the last few months, and is echoed down into the lowest time frames in tandem. Sometimes, the best strategy is just to take both signals, even if it puts you into opposing positions. One will surely fail eventually. The problem is, one failing does not assure that the other will succeed, as opposing trend directions often produce very choppy, stutter-step action. Therefore, you can lose in both...
So, on such days of obvious divergence in trend, keep your loses small, reduce your frequency of trades and your trade size. Some days are better trading than others....

Tues Mar 7 no trades, away from mkt

Mon Mar 6 Trade Summary

20170306
Short 1 NQ 5354.25 +3.0
Short 1 TF 1382.5, -0.3
Short 1 TF 1385.0, +2.3
Short 1 TF 1383.8, +1.2
Long 1 TF 1379.9, -0.7
Long 2 TF 1372.2, +0.7, +1.5
Total NQ +3.0
Total TF +4.7

Fri Mar 3 Trade Summary

20170303
Short 3 TF 1399.1, 1400.1, 1400.3, -1.4, -0.0, +1.1
Long 2 TF 1396.1, 1396.1, 1395.6, -1.4, -1.4, -1.4
Long 4 TF 1393.5, 1393.5, 1393.5, 1393.5, -1.4, -1.4, -1.4, -1.4
Long 4 TF 1389.9, 1389.9, 1389.9, 1289.9, +3.2, +3.2, +3.2, +3.2
Long 2 TF 1388.1, 1388.1, -1.4, -1.4
Long 3 TF 1387.5, 1387.5, 1387.7, -0.5, -0.5, +0.7
Long 2 TF 1386.9, 1386.9, +1.5, +2.2
Total TF +3.3

Thurs Mar 2 Trade Summary

20170302
Short 1 TF 1409.4, +1.5
Long 1 TF 1406.1, +1.5
Total TF +3.0

Wed Mar 1 Trade Summary

20170301
Short 1 TF 1408.3, +2.2
Short 2 TF 1407.4, 1407.4, +1.0, +1.7
Short 1 YM 21046, -0.0
Short 1 YM 21049, -7
Short 2 YM 21056, 21056, -0, -0
Short 1 YM 21054, -3
Long 1 TF 1407.6, -0.7
Long 1 TF 1406.8, +1.4
Total YM -10
Total TF +5.6

Tues Feb 28 Trade Summary

20170228
Short 1 NQ 5345.75, +3.0
Long 2 NQ 5341.0, 5341.5, +1.25, -2.0
Long 2 TF 1395.8, 1395.8, +1.0, +1.5
Long 2 TF 1393.1, 1393.1, +0.7, +1.5
Total NQ +3.75
Total TF +4.7

Mon Feb 27 Trades & Journal

20170227
Long 1 NQ 5224.5, +5.0
Short 2 TF 1392.3, 1393.3, -1.4, -1.4
Short 4 TF 1397.2, 1397.2, 1397.2, 1397.2, -1.4, -1.4, -1.4, -1.4
Short 3 TF 1400.3, 1400.3, 1400.3, 1399.9, 1399.9, 1399.9, +1.5, +1.5, +1.5, +1.3, +1.3, +1.3
Short 3 TF 1139.7, 1400.2, 1400.8, -1.4, +1.0, -0.6
Short 6 TF 1403.3, 1403.3, 1403.9, 1403.9, 1404.0, 1404.0, -1.4, -1.4, +1.0, +1.0, -0.4, -0.4
Short 2 NQ 5337.25, 5337.25, +2.0, -1.0
Short 2 TF 1405.0, 1404.8, +0.7, +3.0
Total NQ +6.0
Total TF +1.2

The most obvious mistakes we make in trading usually involved an flaw in our attitudes about trading itself. We must be open to what the market is telling us, and accept this condition without reserve. It's not about what WE want to do, it's about what the market is telling us it INTENDS to do. Today, the story was being told in the NQ with the first few swings of the day with such signal precision as to accomplish our entire 1st Frame trade goal within the initial NQ swings. But we 'like' the TF contract. ...and because our ego believes it will always be able to decipher and use the TF within our Trade Plan framework, we will beat our heads against it's trend persistence and super-volatility no matter how much money it costs us in order to prove it. "It's there, I'm sure of it. The TF is not bigger than me. I'll stay without despite any indication otherwise until I get my losses back and show the profits I came here to make", our actions seem to say. But this is not the Trader. He's indifferent to which contract he uses. His opportunity assessments have no such prejudice. These are attitudes of our Analyst and Account. The former can't admit he's wrong about this current insights, and the Accountant insists we trade exactly what we've lost so that we recover exactly the same dollars we lost. We might as well call them Stupid and Stubborn. Trade what's in front of you. Your money doesn't care in what vehicle it arrives. Your Trade Plan accounts for such diversification of entry models. It's just your head that's in the way. Examine your Plan. Trading your Plan is accepting the hear and the now. Be the market.

Fri Feb 24 Trade Summary

20170224
Long 2 NQ 5311.75, 5311.75, +2.0, +3.0
Short 1 TF 1386.8, -1.4
Short 1 NQ 5318.5, +3.0
Short 2 TF 1889.3, 1389.0, +2.0, +1.0
Short 1 TF 1388.0, +1.1
Long 1 TF 1186.3, -0.2
Total +6.0
Total TF +2.5

Thur Feb 23 Trade Summary

20170223
Long 1 TF 1404.9, -0.7
Long 3 TF 1400.7, 1400.8, 1400.9, -1.4, -1.4, -1.4
Long 4 TF 1399.1, 1399.1, 1399.1, 1399.1, 1398.7, -0.0, -0.0, -0.0, -0.0, +1.2
Long 3 YM 20761, 20756, 20756, +10, +22, +22
Long 4 TF 1392.2, 1392.2, 1392.4, 1392.4, +1.0, +1.0, -0.2, -0.2
Long 4 TF 1390.6, 1390.6, 1390.7, 1390.7, +1.4, +1.4, -0.3, -0.3
Long 2 TF 1390.7, 1390.7, -0.3, -0.3
Long 2 TF 1389.4, 1389.4, -0.2, -0.2
Long 2 TF 1386.2, 1386.2, +1.0, +1.0
Long 1 NQ 5321.0, -0.0
Long 2 TF 1385.7, 1386.7, -0.5, -0.5
Long 2 TF 1385.1, 1395.1, -0.7, -0.7
Long 2 TF 1385.1, 1385.1, -0.2, -0.2
Long 2 TF 1385.2, 1385.2, -0.5, -0.5
Long 2 TF 1385.3, 1385.3, +3.5, +3.5
Total YM +54
Total NQ -0.0
Total TF +4.3

Wed Feb 22 Trade Summary

20170222
Short 1 NQ 5346.25, -1.0
Long 2 NQ 5347.25, 5347.25, -0.0, -2.0
Short 1 TF 1405.9, +1.0
Long 2 NQ 5337.0, 5336.75, +4.0, +2.0
Short 3 TF 1406.1, 1406.2, 1406.6, -0.0, -0.3, -0.5
Short 2 TF 1406.9, 1407.3, -0.0, +0.5
Long 1 TF 1405.4, -0.3
Total NQ +3.0
Total TF +0.4

Tues Feb 21 Trade Summary

20170221
Short 4 TF 1408.6, 1408.6, 1408.4, 1408.4, +0.7, +0.7, +1.0, -0.0
Short 1 NQ 5346.0, +2.0
Short 4 TF 1410.1, 1410.0, 1410.2, 1410.1, +1.0, -0.0, -0.3, -0.4
Short 2 NQ 5348.25, 5348.25, +1.5, +3.0
Long 2 TF 1407.4, 1407.5, +1.7, -0.0
Long 2 TF 1404.9, 1404.9, +0.5, +0.5
Total NQ +6.5
Total TF +5.4

Fri Feb 17 Trade Summary

20170217
Short 1 YM 20533, +20
Short 2 TF 1392.8, 1393.0, -1.4, -1.4
Short 3 TF 1393.9, 1393.9, 1393.6, +1.0, +1.0, +1.4
Short 2 TF 1396.3, 1396.3, +0.7, +1.4
Short 1 NQ 5309.25, -0.0
Long 1 TF 1395.0, +0.1
Long 2 TF 1393.8, 1393.8, +0.5, -0.7
Total YM +20
Total NQ -0.0
Total TF +2.6

Thurs Feb 16 Trade Summary

20170216
Long 2 TF 1401.7, 1401.7, -1.4, -1.4
Long 4 TF 1400.1, 1400.1, 1400.1, 1400.2, +1.4, +1.4, +1.2, -0.0
Short 2 YM 20616, 20614, +7, +2.0
Long 2 TF 1397.2, 1397.2, -0.7, -0.7
Total YM +27
Total TF -0.2

Wed Feb 15 Trade Summary

20170215
Short 3 TF 1391.7, 1392.1, 1392.1, -0.0, -0.7, -0.7
Short 1 NQ 5275.25, -1.0
Short 2 TF 1396.0, 1395.9, +0.7, -0.7
Long 4 TF 1393.4, 1393.4, 1393.5, 1393.5, +0.7, +0.7, +1.2, +1.2
Long 2 TF 1393.5, 1393.5, +1.0, +1.0,
Total NQ -1.0
Total TF +4.4

Tues Feb 14 Trade Summary

20170214
Long 1 NQ 5253.5, +2.0
Long 1 NQ 5247.0, +6.0
Short 1 TF 1388.3, -1.4
Short 2 TF 1389.6, 1389.6, -0.7, -0.7
Long 2 TF 1387.5, 1387.5. +0.5, +1.5
Short 1 TF 1390.4, +1.5
Short 1 TF 1392.3, +1.2
Total NQ +8.0
Total TF +1.2

Mon Feb 13 no trades, away from mkt

Fri Feb 10 Trade Summary

20170210
Short 2 TF 1383.5, 1382.2, +0.7, +1.1
Short 2 TF 1383.9, 1384.8, -0.0, +1.1
Long 2 TF 1381.2, 1381.4, +1.0, +0.6
Long 1 TF 1379.8, +1.2
Short 2 TF 1384.3, 1335.0, -1.4, +0.7
Long 2 TF 1383.4, 1383.5, +0.7, +1.0
Total TF +6.7

Thurs Feb 9 Trade Summary

20170209
Short 2 TF 1362.5, 1362.5, +0.5, -0.6
Short 1 TF 1364.3, +1.3
Short 2 TF 1366.8, 1366.8, +0.5, -1.4
Short 2 YM 20060, 20061, -7, -7
Short 2 TF 1373.9, 1373.9, +1.0, -0.4
Short 2 YM 20112, 20111, +7, -7
Short 1 TF 1375.0, -0.7
Short 2 TF 1375.8, 1375.9, -0.7, -0.1
Short 1 YM 20125, -7
Short 3 TF 1376.9, 1376.9, 1376.8, -1.0, -1.0, -1.0
Short 2 NQ 5216.25, 5216.5, -0.0, +0.5
Short 2 TF 1377.8, 1377.8, -0.0, -0.0
Short 3 TF 1376.9, 1376.9, 1376.6, +2.0, +0.7, +2.0
Long 1 TF 1376.3, +1.0
Total YM -21
Total +0.5
Total TF +2.1

Wed Feb 8 Trade Summary

20170208
Short 1 NQ 5173.25, +2.0
Long 1 NQ 5171.0, -2.0
Long 2 NQ 5166.75, 5166.75, +2.0, -2.0
Short 2 NQ 5171.5, 5171.5, -2.5, -2.5
Short 1 NQ 5180.25, -0.0
Short 1 TF 1350.0, +2.0
Short 4 TF 1354.5, 1354.5, 1354.6, 1354.6, -0.0, -0.0, -1.4, -1.4
Short 2 TF 1355.6, 1355.6, -1.4, -1.4
Short 6 TF 1356.5, 1356.5, 1356.5, 1356.5, 1356.6, 1356.6, +1.3, +1.3, +1.3, -0.0, -0.0, -0.0
Total NQ -5.0
Total TF +0.3

Tues Feb 7 Trade Summary

20170207
Short 2 TF 1370.5, 1370.5, +0.7, +0.8
Short 1 TF 1370.5, -0.4
Short 2 TF 1371.4, 1371.4, -0.2, -0.8
Long 1 TF 1370.2, +1.0
Long 1 TF 1369.5, -0.7
Long 2 TF 1368.7, 1368.7, +1.1, +1.0
Total +2.5

Mon Feb 6 Trade Summary

20170206
Long 1 TF 1369.5, -0.5
Long 1 NQ 5144.25, -1.0
Short 3 TF 1374.7, 1374.5, 1374.7, +0.7, +0.5, +2.0
Long 2 TF 1370.0, 1370.2, +1.7, +0.5
Total NQ -1.0
Total TF +4.9

Fri Feb 3 Trade Summary

20170203
Short 1 TF 1363.7, -0.7
Short 2 TF 1365.3, 1365.2, -0.7, -0.8
Short 2 TF 1366.9, 1366.9, +1.8, +2.0
Short 2 TF 1370.2, 1370.4, +0.7, +1.2
Short 2 TF 1370.2, 1370.2, +0.7, +0.5
Short 1 TF 1372.9, +1.5
Total TF +6.2

Thurs Feb 2 Trade Summary

20170202
Long 2 TF 1354.0, 1353.8, -0.0, +1.0
Short 1 NQ 5134.0, -1.0
Short 2 TF 1354.6, 1355.6, -1.6, -0.7
Short 3 TF 1356.8, 1356.8, 1357.0, +1.3, +1.3, +2.5
Short 1 NQ 5142.5, -2.0
Short 1 TF 1356.0, +1.2
Short 1 TF 1357.1, -0.0
Short 2 TF 1357.7, 1357.7, +1.0, +2.0
Short 1 TF 1357.8, -0.8
Short 1 TF 1358.9, -1.4
Long 1 TF 1357.1, +1.1
Total NQ -3.0
Total TF +6.9

Wed Feb 1 Trade Summary

20170201
Long 1 TF 1373.8, +0.1
Long 1 TF 1373.6, +1.5
Long 1 TF 1372.5, -0.7
Long 1 TF 1370.7, +1.3
Short 1 NQ 5141.75, +4.0
Long 1 TF 1366.0, -0.3
Long 2 TF 1365.5, 1365.8, +1.0, -1.0
Long 1 TF 1361.7, +1.0
Total NQ +4.0
Total TF +2.9

Tues Jan 31 Trade Summary

20170131
Long 2 TF 1348.5, 1347.7, +0.4, -0.6
Long 3 TF 1346.1, 1346.1, 1345.5, -0.0, -1.0, +1.0
Long 3 TF 1343.3, 1343.3, 1342.6, +0.7, +0.7, +1.9
Short 1 TF 1349.7, +1.0
Short 1 TF 1351.4, +1.0
Total TF +5.1

Mon Jan 30 Trade Summary

20170130
Short 1 TF 1349.3, +1.0
Long 2 NQ 5124.0, 512375, -3.5, -3.5
Long 3 TF 1345.7, 1345.7, 1345.7, +1.0, +1.0, -1.0
Long 2 NQ 5115.0, 5115.0, +4.0, -0.5
Long 1 NQ 5101.0, -2.0
Long 2 NQ 5096.75, 5096.75, +4.0, -0.5
Short 1 TF 1345.2, +1.0
Long 1 YM 19818, -5
Long 2 YM 19810, 19810, -5, -5
Short 1 TF 1342.2, -0.7
Short 3 TF 1344.2, 1345.3, 1345.2, -1.6, +0.8, +0.8
Short 2 TF 1347.2, 1346.5, +4.0, +0.5
Total YM -15
Total NQ -2.0
Total TF +6.8

Fri Jan 27 Trade Summary

20170127
Long 2 NQ 5158.25, 5158.0, +2.0, -0.0
Long 2 TF 1372.0, 1371.7, 1371.7, -1.4, -0.4, -0.4
Short 1 TF 1370.4, -0.4
Long 2 NQ 5148.25, 5147.0, +2.0, +0.25
Short 2 NQ 5155.5, 5155.25, +2.0, -2.0
Short 2 TF 1370.3, 1370.3, +1.0, +0.7
Short 2 TF 1370.3, 1370.3, -0.3, -0.3
Short 2 TF 1370.5, 1370.5, +1.0, +2.2
Long 2 TF 1364.7, 1364.9, +1.2, +2.0
Total NQ +4.25
Total TF +4.9

Thurs Jan 26 Trade Summary

20170125
Long 1 NQ 5152.0, +3.25
Short 1 NQ 5250.25, -2.0
Short 2 TF 1382.2, 1382.1, +1.1, +0.5
Long 1 TF 1380.0, +1.0
Short 1 TF 1375.0, -0.7
Total NQ +1.25
Total TF +1.9

Wed Jan 25 Trade Summary

20170125
Long 3 TF 1377.9, 1377.9, 1378.6, +1.5, +1.0, -0.3
Long 2 TF 1377.9, 1377.9, +1.0, +2.5
Short 1 TF 1382.8, +1.0
Total TF +6.7

Tues Jan 24 Trade Summary

20170124
Long 1 NQ 5069.5, -0.0
Long 1 NQ 5068.75, -1.0
Long 1 TF 1352.3, -0.6
Short 2 TF 1351.6, 1351.6, -0.4, -1.0
Long 3 TF 1352.1, 1352.1, 1351.8, +1.0, +1.4, +2.3
Short 1 TF 1354.6, -0.3
Short 1 NQ 5053.0, +3.0
Long 2 TF 1350.7, 1350.7, +0.7, +0.7
Total NQ +2.0
Total TF +3.8

Mon Jan 23 No trades, away from market.

Fri Jan 20 Trade Summary

20170120
Long 2 TF 1350.3, 1350.5, +1.0, +1.7
Long 1 NQ 5063.75, -0.5
Long 2 NQ 5064.50, +2.0
Long 2 NQ 5061.25, 50.75, +2.0, +2.0
Total NQ +5.5
Total TF +2.7

Thurs Jan 19 Trade Summary

20170119
Long 2 TF 1356.2, 1356.7, -0.3, -0.3
Short 2 TF 1355.2, 1355.2, +0.7, -0.7
Short 1 NQ 5073.5, +10.0
Long 2 TF 1353.7, 1353.6, -0.9, +1.0
Long 2 NQ 5055.75, +2.0, +2.0
Long 1 TF 1350.9, +2.0
Total NQ +14.0
Total TF +1.5

Wed Jan 18 Trade Summary

Trade Summary
20170118
Long 2 TF 1348.3, 1348.3, +1.0, +2.0
Short 2 TF 1352.8, 1352.6, +0.7, -0.2
Long 1 NQ 5045.25, +5.0
Short 3 TF 1355.6, 1355.6, 1355.6, +0.7, +0.7, +1.6
Total NQ +5.0
Total TF +6.5

Tues Jan 17 Trade Summary

20170117
Long 1 NQ 5028.25, -3.0
Long 2 NQ 5026.0, 5026.0, +2, +6.0
Short 2 NQ 5038.0, 5038.0, +2.0, +2.0
Short 5 TF 1360.7, 1361.0, 1360.9, 1361.9, 1361.4, -1.0, +0.7, +0.4, -0.5, -1.4
Short 4 TF 1363.2, 1363.2, 1363.2, 1363.2, +1.0, +1.0, +1.5, +1.5
Long 2 TF 1357.8, 1357.8, +1.0, +2.0
Total NQ +9.0
Total TF +6.2

Fri Jan 13 Trade Summary

20170113
Long 1 NQ 5051.0, -2.5
Total NQ -2.5

Thurs Jan 12 Trades and Journal

20170112
Long 2 TF 1360.3, 1359.9, -1.4, -0.0
Long 2 TF 1356.8, 1356.8, -1.4, -1.4
Long 2 TF 1355.8, 1355.8, -1.4, -1.4
Long 4 TF 1348.5, 1348.5, 1348.7, 1348.7, +1.6, +1.6, +1.3, +1.3
Short 3 TF 1347.2, 1347.2, 1347.2, +1.0, -0.7, -0.7
Short 3 TF 1347.8, 1347.8, 1347.8, +0.7, +0.5, -1.0
Short 3 TF 1352.0, 1352.0, 1352.0, +1.0, -0.7, -0.7
Short 3 TF 1353.0, 1353.0, 1352.9, +1.0, +1.6, -0.3
Short 2 TF 1355.1, 1355.1, +1.0, +1.1
Total TF +2.6

A critical signal juncture came today some minutes after the opening, just as I was getting to my screen late for the day. Maybe that's my excuse for not wrapping my head around the short signal, and using poor partial entry model signals for trying to fade that early action. ....or maybe I would have done the same thing, even if I had gotten to work on time.... but in any case, is a good reminder not to get your computer booted up and charts populated after the day is already underway, and start jumping into trades. If you come in that late....just watch for awhile. So what if you miss the whole frame. It took me well into the midday frame just to dig myself out of that early hole. ...and that's no way to trade a day.

Wed Jan 11 Trade Summary

20170111
Short 2 TF 1366.3, 1366.2, +1.0, -0.0
Short 2 TF 1367.8, 1467.8, -1.4, -1.4
Short 2 TF 1369.0, 1369.0, +1.5, +1.3
Short 4 TF 1371.1, 1371.1, 1371.1, 1371.3, +0.7, +0.4, +1.0, -0.3
Long 2 TF 1368.5, 1368.2, +1.9, +0.7
Short 1 TF 1372.9, -0.5
Long 2 TF 1371.3, 1371.3, -0.0, -0.0
Long 2 TF 1370.6, 1370.6, +2.0, +0.4
Total TF +7.3

Tues Jan 10 Trade Summary

Short 2 NQ 5021.0, 5021.0, +2.0, -2.0
Short 2 NQ 5024.75, 5024.75, +8.0, +8.0
Short 2 TF 1361.7, 1361.7, -0.8, -0.8
Long 2 TF 1360.5, 1360.7, +0.7, -0.7
Long 2 TF 1358.5, 1358.5, +1.0, -0.1
Long 1 TF 1358.6, -0.1
Short 2 YM 19807, 19807, -5, -5
Short 2 TF 1362.7, 1362.7, +1.0, +2.5
Short 2 TF 1362.2, 1362.2, -0.7, -0.7
Short 2 TF 1362.6, 1362.6, +0.7, +0.7
Short 1 TF 1362.8, -0.5
Short 3 TF 1366.7, 1366.7, 1366.5, +0.7, +0.5, +1.5
Short 2 TF 1366.3, 1366.3, -0.7, -0.7
Short 1 TF 1367.7, -0.7
Short 2 TF 1370.9, 1370.9, +0.2, +0.2
Short 1 TF 1371.9, +2.3
Short 2 TF 1370.8, 1371.0, -0.7, +0.5
Total YM -10
Total NQ +16.0
Total TF +5.3

Mon Jan 9 Trade Summary

20170109
Short 1 TF 1359.9, +2.0
Long 2 TF 1355.8, 1355.8, +1.0, +1.0
Long 2 TF 1355.0, 1355.0, +1.0, +2.4
Total TF +7.4

Fri Jan 6 Trade Summary

Long 1 TF 1365.6, +3.1
Total TF +3.1

Thurs Jan 5 Trade Summary

Short 1 TF 1384.9, +2.2
Short 1 TF 1382.6, -0.0
Short 2 TF 1383.3, +0.7, +0.5
Short 2 TF 1384.1, 1384.1, +2.0, +3.0
Total TF +8.4

Wed Jan 4 Trade Summary

Long 2 YM 19845, 19842, -10, -10
Long 2 TF 1372.2, 1372.2, +1.5, +1.2
Short 1 TF 1375.0, -0.5
Short 2 TF 1377.5, 1377.5, -1.4, -1.4
Short 2 TF 1378.7, 1378.7, -0.0, -0.0
Short 2 NQ 4927.0, 2927.0, +1.0, +1.0
Short 2 TF 1381.0, 1381.0, +0.2, +0.2
Short 1 Tf 1381.3, +0.3
Total YM -20
Total NQ +2.0
Total TF +0.1

Tues Jan 3 2017 Trades & Journal

20170103
Long 2 TF 1368.1, 1368.1, +1.5, +2.0
Long 2 YM 19822, 19820, +8, +10
Short 1 TF 1374.9, -1.4
Short 2 TF 1377.2, 1377.2 +1.5, +2.2
Long 2 TF 1374.2, 1374.2, +1.5, -0.2
Long 2 TF 1373.5, 1373.5, -1.4, -1.4
Long 2 TF 1367.1, 1367.1, +1.0, +1.0, -1.0, -1.0
Long 4 TF 1362.8, 1362.8, 1362.8, 1362.8, -0.7, -0.7, -0.7, -0.7
Long 4 TF 1359.4, 1359.4, 1359.4, 1359.4, +1.0, +1.0, -1.0, -1.0
Long 4 TF 1358.2, 1358.2, 1358.2, 1358.2, +4.0, +4.0, +4.0, +4.0,
Total YM +18
Total TF +17.5

Giving up nearly all early profits in pursuit signals coming late in frame is not a good habit nor a good way to begin the New Year. Fortunately, a very oversold signal did come at the Gap Close that proved recuperative...to say the least. But the best trades were not the fades today, even the one at the TF HOD with also gave a clear signal. No, with the current climate one of such extreme volatility, a better New Years resolution would be to take the Inflection Break-Outs, and go with the volatility, instead of trying to nail it at the pivot and exhaustion levels. Two of those today, would have netted clean profits quite early, and been far less painful. ....if I could but only get my head around breakouts.... and wishing all the best in their trading, their lives, and for the country overall in the coming New Year ahead.

Thus Dec 8 - Jan 2 Holiday, trade room closed

Wishing a Joyful Christmas and a very Happy Hanukkah to all....

Wed Dec 7 Trade Summary

20161207
Short 2 TF 1348.7, 1348.7, -1.0, -1.0
Long 2 NQ 4770.75, 4770.75, +2.0, -3.0
Long 2 NQ 4765.75, 4765.75, 4765.75, 4765.75, +2.0, -2.0
Short 2 TF 1348.6, 1348.6, +1.0, +1.0
Short 2 TF 1349.4, 1349.4, -0.7, -0.7
Short 2 NQ 4779.75, 4779.75, -3.0, -3.0
Short 4 TF 1351.3, 1351.3, 1351.3, 1351.3, +1.0, +1.0, +1.0, +1.0
Short 2 NQ 4748.25, 4748.25, +2.0, -1.0
Short 2 TF 1351.2, 1351.2, -0.3, -0.3
Short 2 TF 1351.7, 1351.7, +1.2, +1.2
Long 4 NQ 4780.0, 4780.0, 4778.25, 4778.25, +5.0, +5.0, +3.0, +3.0
Short 2 TF 1352.1, 1352.1, -0.1, -0.1
Total NQ +10.0
Total TF +4.2

Tues Dec 6 Trade Summary

Short 2 TF 1338.2, 1338.2, +2.0, +2.0
Long 2 TF 1334.7, 1334.4, +1.6, +0.7
Total TF +6.3

Mon Dec 5 Trade Summary

TF contract multiplier changes to $50.0
20161205
Short 4 TF 1331.0, 1331.0, 1331.0, 1331.0, -1.4, -1.4, -1.4, -1.4
Short 4 TF 1331.6, 1331.6, 1331.6, 1331.6, -1.4, -1.4, -1.4, -1.4
Short 4 TF 1335.0, 1335.0, 1335.0, 1335.0, -0.5, -0.5, -0.5, -0.5
Short 2 NQ 4789.75, 4789.75, +2.0, -2.0
Short 2 NQ 4794.25, 4794.25, +2.0, +4.0
Long 2 NQ 4784.75, 4784.75, +4.0, +2.0
Long 2 NQ 4782.25, 4782.0, +2.0, -1.0
Long 2 TF 1331.6, 1331.6, +1.1, +1.1
Total NQ +13.0
Total TF -10.0

Fri Dec 2 Trades and Journal

20161202
Short 1 TF 1317.7, +2.2
Long 1 TF 1314.2, -0.4
Long 1 TF 1314.5, +1.0
Short 1 TF 1317.1, -1.4
Short 2 YM 19167, 19165, +10, +10
Long 1 TF 1314.2, -0.5
Long 2 TF 1313.4, 1313.3, -0.0, +0.7
Long 1 TF 1310.7, +1.5
Short 1 TF 1314.3, -0.0
Short 1 TF 1314.7, -0.4
Short 1 TF 1318.2, +1.6
Short 1 TF 1317.7, +1.0
Total YM +20
Total TF +5.3

The ICE Futures Exchange continues to further reveal itself as the loser it is. After losing the set of Russell Indices to FUTSI/CME, they jack up the retail data fee to $115. Now, in another attempt to gouge, they are cutting the contract value of the only contract they have worth trading, the Russell2k, to half value, effectively doubling their per trade fees. Let's hope that once the CME has some influence on TF trading, things will go back towards CME's current pricing structure and that the Russell never goes back to ICE again. ...and neither will I. a good weekend to all...

Thurs Dec 1 Trade Summary

20161201
Long 1 NQ 4796.0, -2.0
Long 1 NQ 4792.25, -2.0
Short 2 TF 1330.1, 1329.9, +0.7, +3.5
Long 2 TF 1332.5, 1323.8, +0.7, +1.5
Total NQ -4.0
Total TF +6.4

Wed Nov 30 Trade Summary

20161130
Short 2 YM 19210, 19209, +10, +10
Long 1 TF 1332.2, -0.5
Long 1 NQ 4863.5, -0.5
Long 1 NQ 4861.5, -1.0
Short 1 TF 1333.3, -1.4
Short 2 TF 1334.8, 1334.5, +0.2, +1.4
Long 1 TF 1330.2, -0.0
Long 2 TF 1329.2, 1329.1, +1.2, +1.0
Total YM +20
Total NQ -1.5
Total TF +1.9

Tues Nov 29 Trade Summary

20161129
Long 2 TF 1329.8, 1329.1, -1.0, +1.0
Long 2 TF 1326.8, 1326.7, +1.0, +3.0
Short 1 TF 1332.2, -0.7
Short 1 TF 1334.3, +1.1
Total TF +4.4

Mon Nov 28 Trade Summary

20161128
Long 2 TF 1338.2, 1338.2, +0.7, +2.0
Long 1 TF 1336.2, -0.1
Long 1 TF 1334.9, -1.5
Long 2 TF 1333.8, 1333.8, -0.2, -0.2
Long 2 TF 1333.6, 1333.6, -0.0, -0.0
Long 2 TF 1333.5, 1333.2, -0.5, -0.2
Long 2 TF 1331.2, 1331.2, +1.5, +2.0
Short 1 TF 1335.2, -0.3
Total TF +3.2

Wed-Fri Nov 23-25 Thanksgiving

no trades

Tues Nov 22 Trade Summary

20161122
Short 3 TF 1326.5, 1326.9, 1326.9, -0.0, +0.5, -0.6
Short 1 TF 1327.2, -0.8
Short 2 TF 1328.7, 1328.6, -0.2, -0.1
Short 2 YM 18979, 18980, +10, +10
Short 2 YM 18956, 18955, +7, -2
Total YM +25
Total TF -1.2

Fri Nov 18 Trade Summary

20161118
Short 1 TF 1312.5, +2.7
Long 1 NQ 4829.75, +8.0
Short 1 NQ 4828.0, +4.0
Total NQ +12.0
Total TF +2.7

Thur Nov 17 Trade Summary

20161117
Short 2 ES 2179.5, 2179.75, -1.75, -0.0
Long 1 YM 18849, -3
Long 2 TF 1304.4, 1303.7, +0.8, +1.0
Long 1 NQ 4791.5, +3.0
Short 1 TF 1306.1, -0.0
Short 1 TF 1306.1, -0.5
Short 2 TF 1308.4, 1308.4, +0.5, +1.1
Short 1 TF 1312.2, +1.1
Total ES -1.75
Total YM -3
Total NQ +3
Total TF +4.0

Tues Nov 15 Trade Summary

20161115
Long 1 TF 1294.4, +2.0
Long 1 TF 1290.3, -1.4
Long 1 YM 18770, -10
Short 1 NQ 4765.25, -1.5
Short 1 TF 1294.5, +1.1
Short 1 TF 1294.2, +1.0
Short 1 YM 18797, +10
Long 1 NQ 4762.25, -3.0
Long 2 NQ 4759.0, +2.0, -2.0
Long 1 TF 1292.2, +2.0
Long 1 NQ 4754.0, -3.0
Long 2 NQ 4750.75, +4.0, +7.0
PM trades:
Short 2 TF 1300.6, 1300.6, +.0.5, -0.2
Short 2 TF 1300.9, 1300.9, +0.5, , -0.1
Total YM -0
Total NQ +3.5
Total TF +5.4

Mon Nov 14 Trade Summary

20161114
Long 1 YM 18824, -1
Long 1 NQ 4725.0, +7.0
Short 2 TF 1301.6, 1302.6, -0.2, +1.6
Long 1 NQ 4719.0, -0.0
Long 1 TF 1298.1, -1.4
Long 1 TF 1296.9, +1.4
Short 1 TF 1301.7, -1.5
Short 2 TF 1303.5, 1303.5, -1.4, -1.4
Short 3 TF 1305.8, 1305.8, 1305.8, -1.4, -1.4, -1.4
Long 2 TF 1303.8, 1303.3, -1.4, -1.4
Long 3 TF 1300.0, 1300.0, 1300.1, -0.4, -0.4, -0.5
Long 2 TF 1295.3, 1295.3, +2.0, +2.0
Long 2 TF 1293.9, +1.1, +1.1
Long 1 TF 1294.1, -1.0
Long 1 TF 1292.8, +1.0
Short 1 TF 1302.4, +1.0
Total YM -1
Total NQ +7.0
Total TF -4.0

Fri Nov 11 Trade Summary

20161111
Short 1 TF 1254.9, +2.0
Long 1 NQ 4726.5, -0.0
Long 1 TF 1254.3, -0.5
Long 1 NQ 4710.0, +10.0
Short 1 TF 1264.7, +0.2
Long 1 TF 1259.9, +2.0
Total NQ +10.0
Total TF +3.7

Thurs Nov 10 Trade Summary

20161110
Short 1 NQ 4848.5, -3.0
Short 1 NQ 4850.0, +12.0
Short 1 TF 1255.5, +2.0
Long 1 TF 1250.7, -0.0
Long 1 TF 1245.5, -0.7
Long 2 TF 1241.8, 1241.7, +1.2, +1.1
Long 1 NQ 4760.0, -2.0
Long 1 TF 1240.8, -0.0
Long 1 NQ 4726.0, -2.0
Short 1 TF 1251.7, +3.4
Total NQ +6.0
Total TF +7.0

Wed Nov 9 Trade Summary

20161109
Short 1 YM 18280, -10
Short 1 TF 1200, +2.0
Long 1 TF 1197.4, +2.0
Long 1 TF 1196.2, -0.7
Long 1 TF 1195.5, -1.0
Long 1 TF 1194.2, -0.5
Short 1 TF 1198.6, +1.6
Total YM -10
Total TF +3.4

Tues Nov 8 Trade Summary

20161108
Long 1 TF 1183.4, -0.7
Long 1 NQ 4761.75, -2.0
Long 2 TF 1188.2, 1188.2, +0.7, +1.1
Short 1 TF 1183.7, +0.7
Short 1 TF 1183.4, +0.6
Short 1 TF 1181.6, -0.4
Short 2 TF 1185.7, 1186.2, +0.1, +1.1
Short 1 TF 1191.5, +0.8
Total NQ -2.0
Total TF +4.0

Mon Nov 7 Trade Summary

20161107
Short 2 NQ 4736.5, 4736.5, -2.0, -2.0
Short 1 TF 1184.9, +2.4
Short 1 TF 1184.7, -0.6
Short 1 ES 2113.5, +0.5
Short 1 TF 1185.7, +1.2
Short 1 NQ 4741.25, +2.0
Short 1 NQ 4743.75, -0.25
Short 1 NQ 4748.25, -2.0
Short 1 TF 1187.9, +0.4
Short 2 NQ 4752.5, 4752.5, +2.0, +5.0
Short 1 TF 1187.5, -0.5
Short 2 TF 1188.9, 1189.2, -0.0, -0.0
Short 1 NQ 4761.0, -3.0
Short 1 NQ 4766.75, -0.0
Short 1 TF 1189.7, +0.9
Short 1 NQ 4766.75, -0.0
Short 1 TF 1192.0, +1.0
Total ES +0.5
Total NQ -0.25
Total TF +4.8

Fri Nov 4 Trade Summary

20161104
Long 1 NQ 4664.75, -2.0
Long 1 TF 1157.4, +1.8
Long 1 TF 1157.7, +1.5
Short 1 TF 1161.7, +1.0
Short 1 TF 1161.5, +1.2
Total NQ -2.0
Total TF +5.5

Thurs Nov 3 Trade Summary

20161103
Long 1 TF 1164.5, -0.5
Long 2 TF 1163.4, 1163.6, -0.4, -0.7
Short 2 YM 17909, 17909, +8, +25
Short 1 YM 17904, -7
Short 2 YM 17912, +15, +30
Long 1 TF 1161.7, +1.6
Short 1 NQ 4720.0, -0.0
Short 1 TF 1164.0, -0.3
Long 1 TF 1160.8, +0.2
Long 1 TF 1160.9, +1.1
Total NQ -0.0
Total YM +71
Total TF +0.9

Wed Nov 2 Trade Summary

20161102
Short 2 TF 1171.7, 1172.5, -0.0, -0.3
Short 1 TF 1172.4, +1.5
Short 1 TF 1173.0, -0.1
Short 2 TF 1173.2, 1173.7, -0.0, -0.2
Short 1 YM 17490, +10
Long 1 TF 1170.8, -0.1
Long 1 TF 70.9, -0.3
Long 1 TF 70.4, -0.5
Long 1 TF 1169.2, -0.6
Short 1 TF 1168.6, -0.3
Long 1 TF 1168.7, +1.0
Total YM +10
Total TF +0.1

Tues Nov 1 Trade Summary

20161101
Long 1 NQ 4790.75, +6.0
Long 1 TF 1186.7, -0.0
Long 1 TF 1185.4, +1.4
Long 1 TF 1184.7, +1.0
Long 1 TF 1184.8, -0.3
Long 2 TF 1184.0, 1183.8, -0.6, +0.5
Long 1 TF 1183.8, -0.7
Long 1 NQ 4778.5, -3.0
Long 1 TF 1180.9, +1.0
Total NQ +3.0
Total TF +2.3

Mon Oct 31 Trade Summary

20161031
Long 2 YM 18073, 18076, -3, +7
Short 1 NQ 4817.25, +6.0
Long 1 TF 1184.2, -0.7
Long 3 TF 1183.7, 1184.2, 1183.5, -0.7, -0.0, -0.5
Short 1 TF 1182.8, -0.7
Short 1 NQ 4809.0, -0.0
Short 1 TF 1185.2, -0.3
Short 1 TF 1186.3, +1.8
Total YM +4
Total NQ +6.0
Total TF -1.1

Fri Oct 28 Trade Summary

20161028
Short 1 TF 1188.9, -0.2
Short 2 TF 1190.7, 1191.1, -0.1, +0.7
Long 3 TF 1189.5, 1188.6, 1188.1, -1.4, +1.1, +1.4
Long 1 TF 1188.1, +2.0
Short 1 TF 1190.4, -1.6
Short 2 NQ 4838.5, 4838.0, +2.0, -2.5
Short 2 YM 18156, 18155, +7, +2
Short 2 TF 1193.7, 1193.8, +1.5, +0.5
Long 1 TF 1191.4, -0.6
Long 1 TF 1191.1, +1.1
Total YM +9
Total NQ -0.5
Total TF +4.4

Thurs Oct 27 Trades and Journal

20161027
Long 1 NQ 4869.25, -1.0
Long 1 TF 1201.4, -0.5
Long 2 TF 1201.0, 1201.1, +1.2, +1.5
Long 1 NQ 4863.0, +5.0
Long 1 TF 1200.8, -0.7
Long 3 TF 1199.4, 1198.7, 1198.7, -0.0, -0.0, -0.0
Long 3 TF 1197.4, 1196.5, 1196.5, -0.0, -0.0, -0.0
Long 2 TF 1195.3, 1195.5, +2.3, +1.0
Long 1 NQ 4846.0, -1.0
Long 2 TF 1195.1, 1195.2, +0.7, +1.0
Long 1 TF 1293.8, -0.1
Total NQ +3.0
Total TF +6.4

'Price Action', as it is so called, can be very deceiving. It seems to say one thing while delivering quite the opposite. That my losses did not more equal my profits must fairly be admitted to luck more than skill. I entered too early on buy-stop's at critical structure and price levels, only to have those levels smashed by after-shocks once my price was filled. That a -1.4 stop-loss was enough to survive those initial aftershocks was surprising at the time. But always stick to plan. When filled, an auto-trade management platform should fill your protective stop some default distance from the entry level. Mine is 1.4 for the TF, 3 for the NQ, 1.75 for the ES and 12 for the YM. If price goes my way initially, I cut those stp's down. As I am usually buying in a falling market, a price reaction often favors such daring entries leaving a candle tail just below. I can then cut the stop to that candle tail and see if it holds. Exit one of two contracts at some default profit, say +0.7 to +1.0 for the TF, and you've paid for the trade should a more significant turn not come. But today, price didn't go much in my favor after entries in several critical places. ...but didn't quite stop me out either. Instead, the Trade Plan stipulates that if the entry did not produce a favorable reaction in my direction, and yet nearly-but-not-quite stops me out, bring your default target quickly to break-even and just step aside. If the structure and other trade entry model aspects are still in place after this initial price erosion, then consider re entering closer to the fresh price extreme on a retest for a better relative fill. If that retest fails, however, or if the after shock destroyed the wave structure needed for the model, then wait for another model altogether. Keep to the Plan. In the heat of the moment, that's all you actually have. Assuming you know what the market is trying to do based on your appraisal of 'Price Action' is the very worst thing you can rely on for trade entry.

Wed Oct 26 Trade Summary

20161026
Short 1 NQ 4854.0, -2.0
Long 1 TF 1207.5, +1.5
Long 1 TF 1208.6, +1.5
Long 1 TF 1206.9, +0.1
Short 1 NQ 4854.5, +2.0
Short 1 YM 18048, -7
Short 1 YM 18093, +6
Short 1 NQ 4873.25, -2.0
Short 2 NQ 4876.5, 4877.5, +3.0, -2.0
Short 2 TF 1213.9, 1213.9, -0.0, -0.0
Long 1 TF 1212.0, -0.1
PM trades:
Long 1 TF 1209.9, -0.1
Long 1 TF 1209.6, +0.2
Long 1 TF 1199.2, +2.0
Total YM -1
Total NQ -1.0
Total TF +5.1

Tues Oct 25 Trade Summary

20161025
Short 1 NQ 4901.5, +4.0
Short 1 TF 1224.4, +1.5
Long 1 TF 1221.0, +2.0
Long 1 TF 1217.7, -0.4
Long 1 TF 1217.7, -0.2
Long 1 TF 1214.5, -1.4
Long 2 TF 1212.4, 1212.5, +1.0, +1.0
Total NQ +4.0
Total TF +3.5

Mon Oct 24 Trade Summary

20161024
Short 3 TF 1230.5, 1230.9, 1230.5, +0.5, +1.5, +0.7
Long 1 TF 1227.3, -0.0
Long 1 TF 1227.5, -0.0
Long 1 TF 1227.2, +0.7
Total TF +3.4

Fri Oct 21 Trades & Journal

20161021
Short 1 TF 1207.4, -0.0
Short 1 TF 1208.3, -0.3,
Long 1 TF 1208.7, -0.7
Long 1 TF 1209.2, -0.2
Short 1 TF 1210.9, +1.4
Long 1 YM 17976, -7
Long 1 NQ 4825.5, +5.25
Long 1 NQ 4827.75, +7.0
Long 1 NQ 4831.25, +4.0
Short 1 TF 1216.2, -0.1
Total YM -7
Total NQ +16.25
Total TF +0.1

Trade where the signals occur. Too many beginner traders say things like "I'm only going to trade the TF", ....or the ES, or whatever. The market doesn't care what you want. The TF is certainly the more desirable candidate for any entry, and and if signals do not occur there but do occur in the NQ and one of the others simultaneously, the TF is likely to do the same, even if it's entry model is incomplete. But unless you're ready to take trades in any contract, many days' action will simply leave you stranded.....or worse, leave you pressing. Monitor real estate is cheap these days. Buy lots of them... enough to cover charting for all 4 major contracts and the price entry ladders to go with each. Trade where the market leads you, not where you want to go.

Thurs Oct 20 Trade Summary

20161020
Long 1 NQ 4823.0, +5.0
Short 1 TF 1218.9, -0.6
Short 2 TF 1220.4, 1220.1, +1.6, +0.7
Long 1 TF 1217.1, -0.1
Long 1 TF 1216.0, -0.4
Long 2 TF 1215.9, 1215.9, -0.4, -0.4
Long 1 TF 1211.7, -0.1
Long 1 TF 1211.0, -0.6
Short 2 TF 1215.2, 1215.0, +0.7, +1.1
Total NQ +5.0
Total TF +1.5

Wed Oct 19 Trade Summary

20161019
Short 1 NQ 4830.75, -0.5
Long 1 TF 1214.1, -0.4
Long 1 TF 1212.8, +1.8
Long 1 NQ 4827.0, +7.5
Long 1 TF 1209.8, +1.5
Total NQ +7.0
Total TF +2.9

Tues Oct 18 Trade Summary

20161018
Long 1 TF 1217.1, -0.3
Short 1 TF 1216.5, +1.0
Short 1 NQ 4844.0, -0.5
Long 1 TF 1215.4, -0.7
Long 2 TF 1214.4, 1213.8, +0.7, -0.3
Long 1 TF 1213.8, +0.7
Short 1 TF 1214.2, +1.5
Short 1 TF 1213.4, -0.7
Short 2 TF 1213.8, 1214.0, -0.7, -0.5
Short 1 TF 1217.1, -0.1
Short 2 TF 1218.3, 1218.7, -1.4, +0.7
Short 2 TF 1220.0, 1219.9, +0.5, +0.8
Total NQ -0.5
Total TF +1.2

Mon Oct 17 Trade Summary

20161017
Short 1 NQ 4804.5, +3.0
Short 2 TF 1211.1, 1211.6, +1.2, +0.7
Long 1 TF 1208.9, +2.3
Short 1 NQ 4797.5, +3.0
Total NQ +6.0
Total TF +4.2

Fri Oct 14 Trades and Journal

20161014
Short 1 NQ 4839.0, +5.0
Long 1 NQ 4830.0, +4.0
Long 1 TF 1230.1, +1.2
Short 1 TF 1223.0, +0.3
Long 1 TF 1220.5, -0.7
Long 1 TF 1219.2, +1.5
Long 1 TF 1217.1, -0.3
Long 1 TF 12.8, -0.0
Long 1 TF 1213.1, -0.0
Long 1 TF 1211.1, -0.0
Long 1 TF 1211.1, +2.0
Total NQ +9.0
Total TF +4.0

In trading, one mistake tends to compound into another. One instigator of this comes from exiting an otherwise good position too soon, sometimes by simply doubting it merits even before it shows you any pain, as I did on a short at a high fairly early in the frame, and again at the LOD at the end of the 1st frame. When you get close to your trading goal for the frame, you get protective and balk at any hesitation the market shows once a position taken. Then, when it exceeds your expectations for the excursion altogether--while you're now on the sidelines--a tendency to get some revenge creeps in and you enter the next trade too early. Although you'd like to pretend you're a machine. You are not. And once out of sync, a whole series of mistakes can be committed, and your profits can be given back quickly. Stay calm. Shake off the doubts. If the model was valid, it deserves the minimum risk afforded to Trade Plan. Accept your stop-outs. A stop-out on a valid entry model is trading according to Plan. Dumping a trade because you have misgivings about it emotionally is not.

Thurs Oct 13 Trade Summary

20161013
Short 1 NQ 4782.5, +4.5
Long 1 TF 1212.6, -0.5
Short 1 TF 1200.0, +1.0
Long 2 TF 1209.6, 1208.5, 1208.3, -1.6, -1.4, -1.0
Long 3 TF 1207.4, 1207.4, 1207.4, +1.0, -0.5, -0.5
Long 3 YM 17878, 17878, 17875, +20, +20, +15
Short 1 TF 1208.9, -0.3
Short 3 TF 1210.0, 1210.1, 1209.9, +0.8, -0.5, -0.3
Long 1 YM 17874, +20
Short 1 TF 1214.6, -0.4
Short 1 TF 1214.6, 1214.6, 1214.7, -0.8, +0.7, +0.7
Short 1 TF 1215.0, +1.5
Total YM +75
Total NQ +4.5
Total TF -2.1

Wed Oct 12 Trade Summary

20161012
Short 1 TF 1228.2, +1.1
Short 2 TF 1228.2, 1228.9, -0.0, +2.0
Long 1 TF 1226.2, +1.7
Total TF +4.8

Tues Oct 11 Trade Summary

20161011
Short 1 NQ 4880.00, +5.0
Short 1 TF 1241.7, +1.7
Long 1 NQ 4871.25, -1.25
Long 1 TF 1239.0, -0.0
Short 1 YM 18163, +45
Long 1 TF 1237.3, -0.0
Total YM +45
Total NQ +3.75
Total TF +1.7

Mon Oct 10 Trade Summary

20161010
Short 3 TF 1251.5, 1251.3, 1251.5, -0.1, +1.0, +0.7
Short 1 NQ 4898.5, +3.0
Short 1 NQ 4900.75, +5.0
Total NQ +8.0
Total TF +1.6

Fri Oct 7 Trade Summary

20161007
Short 2 NQ 4862.0, 4862.0, +2.0, +4.0
Short 2 TF 1239.8, 1240.0, -1.4, -1.4
Short 3 TF 1241.5, 1241.5, 1241.5, +1.4, +1.4, +1.4
Total NQ +6.0
Total TF +1.4

Thurs Oct 6 Trade Summary

20161006
Short 2 NQ 4861.25, 4862.25, +2.0, +6.0
Long 1 NQ 4855.5, -1.5
Short 1 NQ 4860.0, +1.0
Long 2 TF 1234.8, 1235.1, +1.0, +1.0
Total NQ +7.5
Total TF +2.0

Wed Oct 5 Trade Summary

20161005
Short 2 NQ 4872.5, 4872.5, -2.0, -2.0
Short 1 TF 1244.7, -0.5
Short 1 TF 1245.1, +1.5
Short 1 TF 1246.8, -0.5
Short 3 TF 1247.3, 1247.2, 1247.3, +0.7, +1.0, +1.0
Short 2 NQ 4883.5, 4883.5, +2.0, +2.0
Total NQ -0
Total TF +3.2

Tues Oct 4 Trade Summary

20161004
Short 1 YM 18217, -4
Short 1 TF 1244.3, +1.1
Short 1 TF 1245.7, +1.0
Short 1 TF 1243.8, -0.2
Long 3 TF 1241.3, 1240.3, 1240.3, -1.3, +0.9, +2.0
Short 3 TF 1243.7, 1243.7, 1243.8, -0.0, -0.7, -0.7
Short 2 TF 1244.6, 1244.6, -0.7, -0.7
Short 3 TF 1245.2, 1254.2, 1245.2, -0.3, -0.3, -0.3
Long 2 TF 1243.4, 1243.4, -1.0, -1.0
Long 1 NQ 4863.0, -2.0
Long 3 TF 1239.0, 1239.4, 1239.0, +2.4, +1.0, +1.0
Total YM -4
Total NQ -2.0
Total TF +2.1

Mon Oct 3 Trades & Journal

20161003
Short 1 NQ 4862.0, -1.0
Long 2 TF 1239.6, 1239.6, +0.6, -0.7
Long 2 NQ 4851.0, 4851.0, -1.25, -1.25
Short 1 YM 18129, -1
Short 2 YM 18146, 18146, -10, -10
Short 2 YM 18179, 18179, +20, +25
Short 2 TF 1241.6, 1241.4, -0.9, +0.7
Short 1 TF 1243.1, -0.7
Short 2 TF 1243.4, 1243.4, -1.4, -1.4
Short 1 TF 1244.5, -1.4
Long 1 TF 1242.6, -0.5
Total YM +44
Total NQ -3.5
Total TF -5.7
Second trend directions can be tricky. Disguised as pullbacks to the 1st trend direction, they often come accompanied by stutter-step action, which can draw you in as encourage to fade the dwindling strength. But 2nd trends are where the surprises often lie. A strategy when the entry models are ambiguous, and assume the roles both of pullback opportunities as well as inflection break-out opp's, is to use smaller stp-loos values, and lessen the pain if surprised by the short covering build. Today, I did not, and consequently paid the price of a full days' loss limit to bring my trading to a halt.

Fri Sep 30 no trades, away from the market