Mon Dec 21 Trade Summary

20151221
Short 1 TF 1121.7, +1.0
Long 1 TF 1119.2, +1.5
Short 1 TF 1123.6, +0.7
Short 1 TF 1124.1, -0.0
Short 2 TF 1124.4, 1124.3, +0.4, +0.5
Short 1 TF 1124.7, +1.0
Total TF +5.1

Fri Dec 18 Trade & Journal

20151218
Long 2 TF 1126.6, 1126.6, +0.4, -0.7
Short 2 TF 1127.3, 1127.2, +2.0, +2.0
Short 1 TF 1127.1, -1.4
Short 1 TF 1127.7, +1.0
Short 1 TF 1128.1, +1.0
Total TF +4.3

Facing early profits but while still shy of a daily profit goal can be a quandary, especially on Friday, and especially on the Friday before Christmas with a last minute package to get in the Post. Should you take the next trade..? or close out the cash register and call it a frame. Today, I left two of the best trades of the frame on the table rather than risking those early profits that were a little harder won. At some point, the goal of consistency can actually impede the goal of larger daily goals. You get comfortable...and comfort is the enemy of trading. I'll think about this later.... on the way to the Post.

Thurs Dec 17 Trade Summary

20151217
Long 2 TF 1144.7, 1144.8, -0.2, +0.7
Short 1 TF 1144.1, -0.3
Short 2 TF 1147.3, 1147.4, +3.0, +1.5
Total TF +4.7

Wed Dec 16 Trade Summary

20151216
Long 1 TF 1135.1, +1.0
Long 1 TF 1134.4, +1.0
Long 1 TF 1133.8, -0.2
Long 1 TF 1134.2, -0.5
Long 2 YM 17524, 17521, -7, -7
Long 2 TF 1130.9, 1129.9, +1.0, +2.0
Total YM -14
Total TF +4.3

Tues Dec 15 Trade Summary

20151215
Short 6 TF 1121.7, 1122.7, 1123.4, 1124.7, 1124.8, 1124.5, -1.4, -1.4, -2.0, +1.5, +1.6, -0.7
Short 3 TF 1125.5, 1125.5, 1125.5, +2.0, +2.0, +2.0
Long 1 TF 1120.7, -1.4
Long 2 TF 1119.4, 1119.4, -0.2, -0.2
Long 2 TF 1118.9, 1118.8, -0.4, -0.5
Long 2 TF 1118.9, 1118.8, +1.5, +1.5
Total TF +3.8

Mon Dec 14 Trades and Journal

20151214
Long 1 TF 1123.2, -0.7 (Dec contract)
Long 1 TF 1117.0, -1.4
Short 1 TF 1117.7, +2.0
Long 3 TF 1110.0, 1109.0, 1109.6, -0.0, -0.1, +1.0
Long 3 TF 1108.5, 1107.3, 1107.8, -0.0, +2.0, +1.0
Total TF +3.8

My mentor always use to say, "Position yourself to be surprised." Of course, he said a lot of things and was full of market wisdom and witticism. But later on, I came to realize that what he must have meant by that was always to trade on your technical price and pattern models as they appear at hand before you, and often enough those unexpected news spikes just seems to appear. ....sometimes as if the market somehow had its own sort of prescience. Today was just such a day..., but I ignored the rule of Serial Sequent to be a buyer just before a big vertical news pop appeared as if out of nowhere. (Someone later told me it was Draghi-speak, but it makes little difference what the source.) Pay attention to the models at hand. In order to be able to act on them, you must be able to see them coming in advance, on a what-if basis. Be the Plan.

Fri Dec 11 Trade Summary

20151211
Short 1 TF 1137.1, +1.0
Long 1 TF 1133.0, -0.7
Long 2 TF 1132.0, 1132.0, +0.7, +1.8
Short 1 YM 17288, +20
Short 1 YM 17288, -0
Short 1 YM 17295, +20
Short 1 TF 1137.1, +1.0
Total YM +40
Total TF +3.8

Thur Dec 10 Trade Summary

20151210
Short 3 TF 1148.3, 1148.6, 1148.3, +2.0, +1.0, +0.7
Short 1 TF 1148.2, +1.0
Total TF +4.7

Wed Dec 9 Trade Summary

20151209
Short 1 TF 1164.4, -0.7
Short 2 TF 1165.3, 1165.3, +0.1, +0.1
Short 2 TF 1165.6, 1165.3, +2.0, +1.0
Long 1 TF 1161.1, -0.2
Short 1 TF 1161.1, -0.3
Total TF +2.0

Tues Dec 8 Trade Summary

20151208
Short 1 NQ 4658.25, -.5
Short 2 TF 1157.7, 1158.2, +2.0, +0.7
Long 1 TF 1153.7, +3.0
Total NQ -0.50
Total TF +5.7

Mon Dec 7 Trade Summary

20151207
Long 2 TF 1174.1, 1174.1, +1.0, +1.9
Long 1 TF 1174.2, +2.0
Long 1 TF 1171.9, +0.1
Long 1 TF 1168.5, +0.1
Total TF +5.1

Fri Dec 4 Trade Summary

20151204
Short 1 TF 1171.5, +2.0
Short 1 TF 1172.5, -0.6
Short 1 TF 1173.2, -0.5
Short 1 TF 1177.6, +1.1
Short 1 TF 1178.1, +1.1
Short 1 TF 1179.2, +2.0
Total TF +5.1

Thur Dec 3 Trade Summary

0151203
Long 2 TF 1192.9, 1193.0, +2.0, +0.7
Long 1 TF 1192.8, -0.1
Long 1 TF 1192.0, +1.2
Long 1 TF 1190.3, -0.7
Long 1 TF 1190.2, 1190.3, +0.4, +1.0
Long 1 TF 1184.4, -0.5
Long 1 TF 1182.9, +3.0
Total TF +7.0

Wed Dec 2 Trade Summary

20151202
Short 1 NQ 4732.50, +4.0
Long 1 TF 1201.8, +3.0
Short 1 TF 1204.8, +1.3
Total NQ +4.0
Total TF +4.3

Tues Dec 1 Trades & Journal

20151201
Long 2 NQ 4682.5, 4682.0, +5.0, +9.5
Short 1 TF 1202.7, +1.3
Short 1 TF 1202.9, +1.1
Long 4 TF 1198.6, 1197.6, 1197.1, 1197.0, -1.6, -0.0, +1.6, -0.7
Long 1 NQ 4683.5, +5.0
Short 1 TF 1198.6, +0.7
Short 1 TF 1199.3, +0.5
Short 1 NQ 4707.0, +4.0
Total NQ +23.5
Total TF +2.9

Today was a day that makes you sit up and take notice of Inflection Breakout levels. The breaks in the collapse were so clean and so profitable and it just hurt to be stop out of longs and stranded on the sidelines without the complete stop-n-reverse model executed. Problem is, such breakouts are not the norm, and after being chopped out of messy breakout action a few times, that section of a Trade Plan can get dusty, as mine certainly was today. I couldn't even hear the rusty joints of my elbows squeaking as I reached for the mouse to place the orders. ....because my elbows never even moved. ....dear in the headlights phenom. When the filters for taking breakouts are just right, your head has to be in that game fully prepared. ....not on the sidelines pondering the possibilities as the numbers roll by. Those of us that trade the First Frame for a living can get lazy and comfortable at all the nice swing trends that usually appear as price tries and fails to discover the True Trend in early going. Then a day like this comes along and gives you a jolt: the best trades are, indeed, sometimes the breakouts.

Mon Nov 30 Trade Summary

20151130
Long 1 TF 1200.7, +1.7
Short 1 TF 1204.7, +2.2
Long 1 NQ 4679.5, -2.0
Long 1 TF 1201.6, -0.0
Total NQ -2.0
Total TF +3.9

Tues Nov 24 Trade Summary

20151124
Short 1 NQ 4659.25, +3.0
Long 3 TF 1174.5, 1173.8, 1173.7, -1.4, -0.5, -0.5,
Long 1 NQ 4647.75, -2.0
Short 1 TF 1173.3, +1.0
Long 1 TF 1172.3, -1.4
Long 1 TF 1170.5, +2.0
Short 1 TF 1173.7, 1173.7, -0.0
Short 1 TF 1173.7, -0.0
Total NQ +1.0
Total TF -0.8

Mon Nov 23 Trade Summary

20151123
Short 1 TF 1171.6, -0.7
Short 1 TF 1172.6, +0.4
Short 1 TF 1173.6, -1.4
Long 2 TF 1172.7, 1172.7, +1.4, +3.0
Short 1 TF 1179.9, +2.0
Total TF +4.7

Fri Nov 20 Trade Summary

20151120
Short 2 NQ 4678.5, 4678.0, -2.0, -2.5
Short 1 NQ 4682.5, -2.0
Short 2 NQ 4686.0, 4686.25, +4.0, +5.0
Short 1 TF 1173.7, +2.1
Short 2 TF 1176.9, 1176.9, +0.7, +2.0
Total NQ +2.5
Total TF +4.8

Thurs Nov 19 Trade Summary

20151119
Short 1 TF 1166.8, -1.4
Short 2 TF 1168.4, 1168.5, -0.5, -0.5
Short 2 TF 1168.9, 1168.9, -0.4, -0.4
Short 2 TF 1170.2, 1170.4, +1.0, +3.0
Short 1 TF 1166.1, -0.0
Short 1 TF 1166.1, -0.3
Short 1 TF 1167.6, -0.2
Short 1 TF 1168.2, -0.5
Short 1 TF 1168.8, +1.0
Total TF +0.8

Wed Nov 18 Trade Summary

20151118
Long 1 TF 1152.2, -0.6
Long 1 TF 1149.2, +2.5
Short 1 NQ 4597.75, +5.0
Short 1 NQ 4600.25, +4.0
Long 1 TF 1153.9, -1.4
Long 3 TF 1152.6, 1151.7, 1152.0, -0.2, +1.4, +1.2
Long 1 TF 1149.5, +1.0
Total NQ +9.0
Total TF +3.9

Tues Nov 17 Trade Summary

20151117
Long 4 TF 1150.5, 1149.1, 1149.6, 1148.8, +0.1, +2.0, +1.0, +1.0
Short 1 TF 1153.5, -0.2
Short 1 TF 1153.3, -0.3
Short 3 TF 1155.8, 1156.6, 1156.4, -0.0, +0.7, -0.3
Short 1 TF 1157.0, -0.2
Short 1 TF 1157.3, -0.0
Short 1 TF 1158.9, -0.3
Short 1 TF 1160.4, -0.2
Total TF +3.3

Mon Nov 16 Trade Summary

20151116
Short 1 TF 1143.1, -1.0
Short 1 TF 1146.5, +1.2
Short 1 TF 1146.9, +1.5
Long 1 TF 1142.8, -1.4
Long 2 TF 1141.5, 1141.1, +0.7, +1.0
Long 2 YM 17228, 17223, +2.0, +7
Long 1 TF 1140.5, +2.2
Total YM +27
Total TF +4.2

Fri Nov 13 Trade Summary

20151113
Long 1 NQ 4561.0, +2.0
Long 1 TF 1147.0, +3.0
Long 1 TF 1145.1, -0.0
Long 2 TF 1144.0, 1143.8, -1.6, -1.5
Long 2 TF 1140.7, 1140.7, +1.2, +3.0
Short 1 TF 1148.2, -0.5
Short 1 TF 1148.5, +1.1
Total NQ +2.0
Total TF +5.2

Thurs Nov 12 Trade Summary

20151112
Long 1 TF 1162.0, -1.4
Long 2 TF 1159.1, 1159.4, +0.7, +2.0
Long 1 TF 1160.4, +1.5
Short 1 TF 1168.6, +2.0
Total TF +4.8

Wed Nov 11 Trades and Journal

20151111
Long 1 TF 1184.3, +1.4
Short 1 TF 1183.0, +1.2
Long 1 TF 1180.0, +1.5
Total TF +4.1

...let me just take a moment to acknowledge all the brave fighting men of the USA, both living and those who have made "the ultimate sacrifice on the altar of freedom". I salute them all, and shout FREEDOM FIRST !!! There is no peace without it. Semper Fi....

Tues Nov 10 Trade Summary

20151110
Short 1 NQ 4628.25, +5.0
Short 1 NQ 4628.0, +5.0
Short 1 TF 1182.5, +1.0
Long 1 TF 1181.1, 1180.7, 1180.2, 1179.6, -0.0, -1.4, -0.0, -0.0
Long 2 TF 1178.7, 1178.7, -0.0, -0.0
Long 2 TF 1177.5, 1177.7, -1.4, -1.4
Long 2 NQ 4613.75, 4613.75, +2.0, +10.0
Long 1 TF 1174.3, +2.0
Short 1 TF 1178.4, -0.5
Short 1 TF 1179.3, -0.3
Short 1 TF 1180.3, +1.0
Total NQ +22.0
Total TF -1.0

Mon Nov 9 Trade Summary

20151109
Long 4 TF 1191.2, 1190.8, 1190.1, 1190.4, -1.4, +0.1, +1.0, +0.7
Long 1 TF 1189.5, +1.0
Long 2 TF 1188.4, 1188.0, +0.7, -0.3
Short 1 YM 17714, +20
Long 1 NQ 4659.0, -1.0
Long 1 TF 1185.3, +1.4
Long 1 TF 1185.1, +1.1
Short 1 TF 1188.0, -0.0
Short 2 TF 1188.5, 1188.3, +3.5, +0.7
Total YM +20
Total NQ -1.0
Total TF +8.5

Fri Nov 6 Trade Summary

20151106
Short 1 TF 1187.0, +1.2
Short 1 TF 1188.2, +1.5
Long 1 TF 1185.4, -1.2
Long 3 TF 1183.7, 1183.7, 1183.3, -1.4, -1.4, -0.8
Long 5 TF 1182.5, 1182.5, 1182.5, 1182.4, 1181.6, 1181.7, +1.5, +1.5, -0.1, -0.0, -0.7, -0.7
Short 2 NQ 4689.5, 4690.5, -0.0, -2.0
Short 1 NQ 4700.5, -2.0
Short 2 NQ 4703.5, 4703.5, -2.0, -2.0
Short 2 TF 1186.9, 1186.8, +1.5, +1.2
Long 2 NQ 4695.25, 4695.25, +2.0, -2.0
Long 2 NQ 4686.5, 4686.5, -2.0, -2.0
Long 2 TF 1183.2, 1183.2, +1.2, +2.0
Long 2 NQ 4685.0, 4685.0, +5.0, +4.5
Total NQ -0.5
Total TF 5.6

Volatility is important to futures trading. That's why I choose the 1st Frame for the bulk of trading. But sometimes the volatility can be just too hot to handle. The steep plummet in today's trading came without a single buy signal at the low, and I was left with my jaw dropping from early entry stop-outs. I lost about 3pts of early profits and went negative 2pts in the TF and 10 pts in the NQ. But patience paid off, and a good pullback finally presented itself as a valid entry model. The problem is, when the best model finally shows up after a string of losses, it takes a lot of heart not to exit at the point of just break-even. In the NQ today, that's all the heart I could muster, was getting back to b/e. Have a Trade Plan. Be patient in its execution. Eventually, if your entry models display consistency, even on extreme days like today, the opportunities will present themselves.

Thurs Nov 5 Trade Summary

20151105
Long 1 NQ 4715.25, +5.0
Long 1 TF 1183.6, +1.0
Long 1 NQ 4717.75, +5.0
Short 1 TF 1187.3, -0.7
Short 1 TF 1188.9, +2.0
Long 1 TF 1183.9, -0.0
Long 1 TF 1182.6, -1.4
Long 3 TF 1181.1, 1181.1, 1181.3, -1.0, -1.0, +1.0
Long 3 TF 1180.4, 1180.4, 1180.3, -0.5, -0.5, +1.6
Long 2 TF 1179.7, 1179.9, -0.7, -0.7
Long 2 TF 1178.2, 1178.3, +1.0, +2.0
Long 1 TF 1175.7, +2.2
Short 1 TF 1182.2, +0.9
Total NQ +10.0
Total TF +5.2

Wed Nov 4 Trade Summary

20151104
Short 1 NQ 4723.0, -2.0
Long 3 TF 11883, 1187.5, 1187.5, -0.0, -1.4, -1.4
Long 3 TF 1184.8, 1184.8, 1185.0, +1.5, +2.0, +1.2
Short 1 TF 1188.9, -0.5
Short 1 TF 1189.3, -0.0
Short 1 TF 1190.2, -0.5
Short TF 1191.6, +0.8
Short 2 NQ 4716.5, 4817.0, -2.0, -2.0
Short 1 NQ 4719.5, +5.0
Long 1 TF 1189.8, +1.2
Long 1 TF 1188.7, -0.7
Long 1 TF 1188.0, -0.7
Long 2 TF 1186.7, 1186.7, -0.7, -0.7
Long 3 TF 1184.7, 1184.7, 1184.0, -0.7, -0.7, +1.2
Long 2 TF 1184.4, 1184.0, +1.2, +1.0
Long 2 TF 1182.2, 1182.3, +0.7, +2.0
Total NQ -1.0
Total TF +4.8

Tues Nov 3 Trade Summary

20151103
Long 1 TF 1179.7, +2.2
Short 1 TF 1181.8, -0.4
Short 1 TF 1182.1, +0.4
Short 2 TF 1183.0, 1183.3, +0.5, +0.7
Total TF +3.4

Fri Oct 30 Trade Summary

20151030
Short 1 TF 1162.1, +3.0
Long 1 TF 1159.6, +1.0
Short 1 TF 1161.0, -0.3
Total TF +3.7

Thur Oct 29 Trade Summary

20151029
Short 1 TF 1174.3, +1.0
Long 1 TF 1169.4, +1.5
Long 1 TF 1169.9, +1.4
Long 1 TF 1167.4, +1.5
Total TF +5.4

Wed Oct 29 Trade Summary

20151028
Long 2 NQ 4622.25, 4622.25, +2.0, +5.0
Short 1 NQ 4632.0, -2.0
Short 2 TF 1153.3, 1153.3, +0.7, -0.8
Short 4 TF 1159.1, 1158.6, 1158.5, 1158.5, +1.8, +0.7, +1.0, +1.2
Short 1 NQ 4625.75, -2.0
Short 1 TF 1159.1, +1.4
Short 1 TF 1159.0, -0.7
Short 1 NQ 4634.25, +2.0
Short 1 TF 1162.3, -0.3
Total NQ +5.0
Total TF +5.0

Tues Oct 27 Trades and Journal

20151027
Short 1 TF 1149.1, -0.6
Short 1 TF 1151.4, 1151.3, +1.5, +0.7
Long 2 NQ 4623.0, 4622.75, -2.0, +2.0
Long 1 NQ 4622.5, -2.0
Long 2 NQ 4620.25, 4620.75, -2.0, -2.0
Long 1 TF 1150.0, -1.4
Long 2 TF 1142.9, 1142.1, +1.0, +2.2
Short 1 TF 1147.8, +1.1
Total NQ -6.0
Total TF +4.5

Divergences can be an important tool. That is to day, a little divergence is a good thing and a handy tool. It can help ID an intraday swing, and help contribute a loan from one contract's signals to another contract's entry model. But deep disparity, like we're seeing in intraday action between the midcaps of the Russell 2k contract and the larger cap ES and YM, or the glamour techs of the NQ can be far more challenging than helpful. Today, the TF was so disparate it was like trading an oil contract against the stock indices, while expecting a correlation that seemed uncharacteristically unwarranted. We trade what's in front of us. The market is never supports to be anything other than what it is and what it does. The Trader must be open to all conditions, but also able to shut it down and limit further risks when the methods of the Analyst fail and the Accountant deems the losses too great.

Mon Oct 26 Trade Summary

20151026
Short 1 YM 17557, -10
Short 1 TF 1160.2, +1.1
Long 2 TF 1157.6, 1157.6, +0.7, -0.8
Long 1 ES 2061.25, -1.0
Long 1 TF 1155.7, -1.4
Long 2 TF 1153.7, 1153.8, +0.7, +2.2
Short 1 TF 1157.7, +1.0
Total ES -1.0
Total YM -10
Total TF +3.5

Fri Oct 23 Trade Summary

Trade Summary
20151023
Short 1 TF 1155.7, -0.2
Short 4 TF 1158.1, 1158.7, 1158.7, 1159.4, -0.0, +0.7, -0.7, -1.4
Short 2 TF 1160.1, 1159.8, -1.4, -1.4
Short 2 NQ 4616.5, 4616.5, +2.0, -2.0
Long 2 YM 17530, 17531, +7, -7
Short 1 TF 1163.5, +2.0
Long 2 TF 1161.0, 1160.7, -1.0, -0.4
Long 2 TF 1160.5, 1160.5, -1.4, -1.4
Long 3 TF 1158.9, 1158.9, 1159.2, +2.0, +2.0, +1.5
Long 2 YM 17509, 17509, +7, -7
Long 1 TF 1158.5, +1.5
Total YM, -0
Total NQ -0.0
Total TF +0.4

Thurs Oct 22 Trades & Journal

20151022
Short 2 YM 17210, 17210, -7, -7
Short 1 TF 1148.3, -0.1
Short 1 YM 17228, -0
Short 1 NQ 4460.25, -2.0
Short 2 NQ 4461.25, 4461.25, -2.0, +2.0
Short 2 YM 17250, 17250, +7, -7
Short 2 TF 1153.9, 1153.9, +0.7, +2.0
Long 2 TF 1150.9, 1150.2, -1.4, -0.7
Long 2 TF 1149.6, 1149.6, +2.0, +3.6
Long 1 TF 1149.5, +2.0
Total YM -14
Total NQ -2.0
Total TF +8.1

At one point today, in a rather nasty pullback, my initial position got blown out. The structure was right for the model, as was the momentum of the True Trend Indicator™. As I usually use buy-stops in a falling market as an entry technique as price completes a model, a false start back up today engaged the position, only to thrust back down sharply a minute or so later. One argument might be to just use bigger protective stops in the ATM strategy and try to survive such volatility. And that's a fair argument. But I find that I think more clearly when on the sidelines. And although a bit painful, that moment of being NOT in a position that against me offers better clarity. So I don't mind getting stp'd out. It gives enough time to assess if the elements of the model are still in place, although now at a different level of the Pivot Exhaustion Grid. If so, I get right back on the saddle. And if you are getting use to watching a tick bar chart tied to your price ladder at those moments of entry instead, say your 3 or 5 min bar charts, you can see the thrusts downward a little more clearly, along with the holes they can leave at the thinner points of liquidity. That kind of action, the kind that blew me out today for instance, tends to do two things simultaneously. First, it scares you into thinking the current trend is not over and adds to the appraisal emotionally that there's far more yet to come; and secondly, it tends to exhaust the move and bring finality, just at the level mysteriously designed to cause stop-outs to most of the current players--who, like me today, got in too early thinking they knew which way the market was ready to go. In other words, the action and consequence to your position causes a 'feeling' exactly opposite to what that final thrust really is. As in life in general, including politics and ethics, "Fade your feelings, Luke" is what Yoda should have been teaching the young Skywalker.

Wed Oct 21 Trade Summary

20151021
Long 2 TF 1155.3, 1155.2, -1.0, -0.7
Long 2 TF 1155.0, 1155.0, +0.7, -0.7
Long 2 TF 1150.2, 1149.8, +2.0, +2.0
Short 2 TF 1155.1, 1155.1, +0.5, +2.0
Short 1 TF 1156.3, +1.0
Total TF +5.8

Tues Oct 20 Trades & Journal

20151020
Short 1 NQ 4447.5, +13.00
Long 2 TF 1158.3, 1157.7, -0.0, +1.8
Short 1 TF 1163.9, +0.7
Long 2 TF 1163.8, 1163.8, +0.5, +1.2
Total NQ +13.00
Total TF +4.7

Holding the position for the better piece of the excursion is often the more challenging thing about trading. Getting in is easy, on the other hand. In fact, getting in is often too easy and facilitated for no other reason than an eagerness often just to pull the trigger, or an anxiety that the profits are passing you by like numbers on filling station meter. "Where's mine?", you might be say to yourself. And nothing can be more endemic to bad trading than the anxiety that ensues when--after you have exited a position too soon and can do nothing but watch the profits in that dollar meter roll on to someone else--you feel compelled to fade the trend as if to capture the profits you are missing in the remainder of the excursion while revenging your stupidity. Don't try to get even with the failure from your stupidity. Instead, take a moment and examine where you were mentally when you let the better position go too soon. What can be learned about this for next time? What were the technical event minutia that arrived simultaneously to lend this particular swing reversal such and extended excursion...? ...and, how do I translate that into a better trade management plan next time? "When this....then that." Those are your action triggers to either take a larger position, or hold on to something as a runner as the trade from these more complete event criteria unfolds.

Mon Oct 19 Trade Summary

Trade Summary
20151019
Short 2 TF 1160.6, 1161.1, +1.3, +2.2
Short 1 NQ 4434.0, -2.0
Short 1 TF 1163.2, +1.4
Long 1 TF 1159.5, -0.1
Total NQ -2.0
Total TF +4.8

Fri Oct 16 Trade Summary

20151016
Short 2 NQ 4412.0, 4411.25, +6.0, +2.0
Long 1 TF 1157.0, -0.1
Short 1 YM 17066, -7
Short 1 NQ 4415.5, +7.0
Long 1 TF 1155.4, +1.0
Short 1 TF 1157.1, -0.7
Short 1 TF 1157.7, -0.5
Short 1 TF 1157.1, -0.7
Short 1 TF 1158.4, -0.2
Short 1 TF 1159.5, +1.0
Total YM -7
Total NQ +15
Total TF -0.2

Thurs Oct 15 Trade Summary

20151015
Short 1 NQ 4366.0, -2.0
Short 2 TF 1139.7, 1139.5, +3.0, +0.7
Short 1 TF 1139.6, -0.5
Short 1 TF 1139.5, +2.0
Long 1 TF 1139.0, -0.5
Long 1 TF 1137.6, +1.3
Short 1 TF 1141.8, +1.3
Total NQ -2.0
Total TF +7.3

Wed Oct 14 Trades & Journal

20151014
Short 1 TF 1148.4, -1.4,
Short 2 TF 1151.1, 1151.1, +1.4, +1.0
Short 1 YM 17004, -7
Short 2 TF 1150.7, +0.2, -0.4
Short 1 TF 1150.6, +1.2
Long 1 NQ 4341.5, -2.0
long 1 NQ 4336.75, -2.0
Long 2 TF 1142.4, 1142.5, +1.0, -1.1
Long 5 TF 1141.8, 1141.1, 1140.4, 1140.3, 1140.4, -1.4, -1.4, +1.0, -0.5, -0.5
Long 2 TF 1138.5, 1138.5, -0.0, -0.0
Long 2 TF 1139.1, 1139.1, -0.8, -0.8
Long 3 TF 1138.0, 1138.0, 1138.2, -0.5, -0.5 -0.5
Long 2 TF 1136.8, 1136.8, -0.0, -1.0
Total YM -7
Total NQ -4.0
Total TF -5.0

The weaker trader's mind is always looking to participate in the profits that are going by. Having only profited small at the initial highs-of-day--mostly because I mishandled the entry signals--I was left with the mental affectation of wanting to be apart of the short profits I reckoned I was owed. Unable to find an entry, I over-aggressively counter traded with longs, giving up all the small gains of the short positions I hadn't held and going into a hole for the day. I knew better. The 2nd trend tends to be truer than the 1st, and there I was fighting the 2nd trend for revenge profits against the excursion I had failed to remain short in. Don't fight the trend you failed to be in, especially when it's the 2nd trend of the frame. You can't recapture an excursion once spent any better than you can recapture profits once lost. Stay cool, for the the pullback that lends itself to being an identifiable entry model. It's the market you must be in sync with to succeed, not your need to recapture lost gains. Consistency is the key. ...and always quit when your losses have equaled the goal of your profits you didn't make.

Tues Oct 13 Trade Summary

Trade Summary
20151013
Short 2 TF 1158.2, 1158.0, +0.7, -0.9
Short 2 YM 16988, 16988, -7, -7
Short 2 TF 1161.8, 1161.7, +0.7, +2.2
Short 1 YM 17021, -7
Short 1 TF 1161.3, -0.8
Short 3 TF 1162.7, 1162.7, 1162.4, +0.7, -0.2, +1.0
Short 1 NQ 4378.25, -2.0
Short 2 TF 1164.5, 1164.5, +0.5, -0.7
Short 3 YM 17043, 17044, 17042, -3, +7, +7
Short 2 TF 1167.1, 1166.9, +0.7, +1.5
Total YM -10
Total NQ -2.0
Total TF +5.4

Mon Oct 12 Trade Summary

20151012
Short 2 YM 17070, 17010, +20, +7
Short 1 TF 1159.6, -0.3
Short 1 TF 1160.8, +3.5
Short 1 TF 1158.9, -0.5
Short 1 NQ 4366.75, -2.0
Short 1 TF 1161.1, +1.5
Short 1 NQ 4372.0, +5.0
Total YM +27
Total NQ +3.0
Total TF +4.2

Fri Oct 9 Trade Summary

20151009
Long 1 TF 1161.5, -0.6
Short 1 YM 17010, -3
Short 3 TF 1162.5, 1162.3, 1163.2, -1.5, -0.0, +2.2
Short 1 YM 17070, +30
Long 3 TF 1160.2, 1159.3, 1159.0, 1158.8, -1.4, +0.3, +1.4, +2.0
Short 2 TF 1162.4, 1162.2, +1.0, +2.0
Short 1 TF 1163.3, +1.0
Total YM +27
Total TF +6.4

Thurs Oct 8 Trade Summary

20151008
Long 1 TF 1144.2, +1.4
Short 1 NQ 4298.0, -2.0
Short 1 NQ 4301.5, -2.0
Short 2 NQ 4307.5, 4307.5, +3.0, +3.0
Short 3 TF 1147.3, 1148.1, 1147.5, -1.4, +1.0, -1.4
Short 2 YM 16807, 16806, +7, -7
Short 1 TF 1149.1, +2.2
Short 1 NQ 4284.5, -2.0
Short 2 TF 1147.9, 1148.8, -0.0, -0.1
Total YM -0
Total NQ -0.0
Total TF +1.7

Wed Oct 7 Trade Summary

20151007
Short 2 TF 1135.2, 1135.2, +0.5, -0.7
Long 1 TF 1134.9, +2.5
Short 3 TF 1140.4, 1140.2, 1141.0, -1.1, +0.1, 1.0
Long 1 TF 1134.6, +1.0
Total TF +3.3

Tues Oct 6 Trade Summary

20151006
Short 2 TF 1134.5, 1134.5, -0.7, -0.7
Short 2 TF 1135.9, 1135.9, +3.0, +3.0
Short 1 TF 1136.8, -1.0
Short 1 TF 1137.9, -0.5
Long 2 TF 1136.8, 1136.8, +0.7, +2.0
Long 1 NQ 4296.0, -2.0
Long 1 NQ 4295.25, -2.0
Long 2 TF 1132.2, 1132.0, -1.0, -0.7
Total NQ -4.0
Total TF +4.1

Mon Oct 5 Trades & Journal

20151005
Short 3 TF 1122.1, 1121.9, 1122.4, +2.0, +0.7, -1.1
Short 1 NQ 4290.25, -2.0
Short 3 TF 1125.5, 1125.5, 1125.4, +1.0, -0.6, -0.7,
Short 1 TF 1127.2, -1.0
Short 1 NQ 4301.25, 4301.5, -2.0, -2.0
Short 3 TF 1128.5, 1128.5, 1129.5, -1.6, -1.6, -0.7
Short 1 TF 4304.0, -2.5
Total NQ -8.5
Total TF -3.6

Sometimes price simply stretches beyond your signals, or just stops you out with whipsaws. There is never any reason to fight it. Getting even is getting deeper in the hole. Take your losses and try to keep them on any day no bigger than your daily profit goal. If your entry models work far more often than they fail, you'll regroup soon to get back in sync. Consistency is more important than recapturing your losses. Your losses are gone for good. Reestablish your consistency, and if you kept your losses under control, your profits will overtake them soon enough.

Fri Oct 2 Trade Summary

20151002
Long 1 NQ 4122.25, -2.0
Short 1 TF 1078.8, -0.2
Long 3 TF 1175.9, 1175.8, 1176.3, +1.0, +3.0, +1.0
Total NQ -2.0
Total TF +4.8

Thur Oct 1 Trade Summary

20151001
Long 4 TF 1191.4, 1190.5, 1190.4, 1190.2, +0.1, +1.3, +2.0, +3.2,
Total TF +6.6

Wed Sep 30 Trade Summary

20150930
Long 2 TF 1187.5, 1187.5, +1.5, +1.6
Short 1 TF 1191.8, -0.3
Short 2 TF 1193.7, 1193.7, +0.7, -0.7
Short 1 NQ 4161.75, -2.0
Short 1 NQ 4163.75, +5.0
Total NQ +3.0
Total TF +2.8

Tues Sep 29 Trade Summary

20150929
Long 1 TF 1184.2, -0.7
Long 1 TF 1181.9, -1.4
Long 2 TF 1180.2, 1180.2, -1.4, -1.4
Long 2 TF 1178.8, 1179.7, +4.5, +1.8
Short 2 TF 1188.3, 1187.8, -1.4, -1.4
Short 2 TF 1190.2, 1190.2, +3.0, +3.0
Short 1 TF 1189.4, +1.4
Total TF +6.0

Mon Sep 28 Trade Summary

20150928
Short 2 TF 1111.0, 1111.2, -0.0, +1.0
Short 1 TF 1112..3, +1.0
Long 1 TF 1107.2, -1.4
Long 4 TF 1103.5, 1103.5, 1104.0, 1103.7, -1.4, +1.2, -0.0, -0.7
Long 2 TF 1199.0, 1199.2, +2.4, +1.0
Long 1 TF 1197.4, -0.5
Long 1 TF 1197.2, +2.0
Short 1 TF 1103.3, +3.0
Total TF +7.6

Fri Sep 25 Trade Summary

20150924
Long 2 TF 1134.5, 1134.9, +2.7, +1.0
Long 1 TF 1135.5, +1.5
Total TF +5.2

Wed Sep 23 Trade Summary

Trade Summary
20150923
Short 1 TF 1141.1, +1.3
Long 2 TF 1137.0, 1136.6, +0.7, +2.0
Short 1 TF 1140.4, +0.5
Short 1 TF 1141.5, +0.5
Long 1 TF 1138.2, +1.5
Total TF +5.5

Tues Sep 22 Trade Summary

20150922
Long 4 TF 1144.9, 1144.0, 1143.7, 1143.8, -1.4, +0.7, +1.0, +3.4
Long 4 TF 1140.7, 1140.2, 1140.2, 1140.2, -0.0, -0.2, +1.5, +2.8
Total TF +7.8

Mon Sep 21 Trade Summary

20150921
Long 1 TF 1167.3, -0.2
Long 1 TF 1163.3, +2.0
Short 2 NQ 4341.5, 4341.5, -2.0, -2.0
Short 1 TF 1168.2, -0.4
Short 2 NQ 4144.75, 4144.75, +3.0, +4.0
Long 1 NQ 4135.75, +4.0
Short 1 1171.1, +0.8
Short 1 1173.3, +1.2
Total NQ +7.0
Total TF +3.4

Fri Sep 18 Trade Summary

20150918
Short 2 TF 1163.2, 1164.0, -1.4, -0.5
Short 1 TF 1165.0, +3.0
Short 1 TF 1165.8, +1.1
Short 1 TF 1164.6, +1.4
Total TF +3.6

Thurs Sep 17 Trade Summary

20150917
Short 1 TF 1168.8, -0.4
Long 1 TF 1169.3, +1.0
Short 1 TF 1170.4, +1.3
Short 1 TF 1172.2, -0.0
Short 1 TF 1172.0, +1.0
PM trades:
Long 1 TF 1173.2, -1.4
Long 1 TF 1172.0, -1.4
Long 1 TF 1172.1, +5.0
Total +5.1

note: this page was updated to include trades taken after the FOMC, just after 2pm ET.

Wed Sep 16 Trade Summary

20150916
Short 2 TF 1164.1, 1164.3, +1.0, +2.0
Long 1 TF 1160.1, -0.4
Short 1 TF 1161.4, -0.6
Total TF +2.0

Tues Sep 15 Trade Summary

20150915
Long 1 TF 1148.7, +2.0
Short 2 NQ 4329.75, 4330.75, -1.0, +2.0
Short 1 TF 1154.5, -0.4
Short 2 NQ 4339.50, 4339.50, +2.0, +3.0
Total NQ +6.0
Total TF +1.6

Mon Sep 14 Trade Summary

20150914
Long 1 Sep TF 1154.9, +0.1
Long 1 TF 1147.3, -1.4
Long 2 TF 1145.8, 1145.8, +1.0, +2.0
Short 1 NQ 4300.25, -3.0
Short 2 TF 1148.6, 1149.3, -1.4, -0.7
Short 2 ES 1946.5, 1946.5, +1.0, -1.0
Short 1 TF 1150.0, +1.5
Short 1 TF 1148.1, -0.2
Total ES -0.0
Total NQ -3.0
Total +0.9

Fri Sep 11 Trade Summary

20150911
Short 1 TF 1148.0, -0.2
Short 1 TF 1148.1, +1.2
Long 2 TF 1146.6, 1146.7, 1146.3, 1145.9 -1.4, -0.0, +0.7, +0.7
Long 2 TF 1142.9, 1142.9, +0.7, +1.5
Short 1 TF 1144.7, -0.3
Total TF +2.9

Thur Sep 10 Trade Summary

20150910
Short 3 TF 1148.6, 1149.5, 1150.5, -0.0, -0.0, +2.0
Long 1 TF 1147.8, +1.6
Long 2 TF 1147.4, 1146.9, +0.7, +2.0
Long 1 TF 1153.1, -1.0
Long 1 TF 1152.1, -0.0
Long 1 TF 1150.7, +1.5
Long 1 TF 1152.1, +1.9
Total TF +8.7

Wed Sep 9 Trades & Journal

20150909
Long 1 TF 1166.6, -0.0
Long 2 TF 1165.6, 1165.1, -1.5, -0.7
Long 1 TF 1163.0, +1.2
Long 1 TF 1162.6, -0.2,
Long 1 TF 1162.6, +1.5
Long 1 TF 1160.5, -0.5
Long 2 TF 1160.4, 1160.4, +0.7, -0.3
Long 1 TF 1160.4, -0.3
Long 1 TF 1159.4, -0.7
Long 1 TF 1159.1, +2.0
Long 1 TF 1159.9, -0.5
Long 2 TF 1154.5, 1154.3, -0.7, +0.5
Long 1 NQ 4307.5, -2.0
Long 2 NQ 4305.5, 4305.5, +2.0, +3.0
Short 2 TF 1158.7, 1159.3, -0.0, +1.0
Total NQ +3.0
Total TF +1.5

At the opening today, we fulfilled in the daily frame a minimum requirement for the correction back up from the August crash to be complete, and thus be open to selling, as I posted in the room just at the opening (albeit a more complete bounce gets one more wave up). But that doesn't get us in a futures short position in the smaller frame automatically at the open. For that we need more precise modeling. When selling is eager, ideal short entry level and structure models go often unfulfilled and unfilled. That leaves selling on breakdowns, and if not chosen correctly, those can be painfully choppy. Today, the best breakdown came right from an example in the book 'Pivots, Patterns...' ...and so all the more embarrassingly emphatic to have missed it. When faced with poor counter trend bounces, be sure to keep the losses small. Partial out more quickly, and keep an eye on the Inflection Levels for the breakdown opportunities. The bear is usually much faster and impulsive than the oft-grinding bull. Thus, an eye for these breakdown levels is critical for participation. Although I've personally called at least 4 of the last 2 bear markets, straining my credibility just a bit...ha! ....that doesn't preclude me from having to be ready to trade in such an environment as the bear structures require. Be ready to shift to those more appropriate models accordingly.

Tues Sep 8 Trades and Journal

20150908
Short 1 TF 1150.9, +2.0
Long 1 TF 1149.3, +1.0
Short 1 TF 1153.4, +2.0
Total TF +5.0

Volatility usually accompanies clarity in the turns. As volatility wanes, so usually does the clarity in the entry models. Thus the importance in capturing as much of the excursion of the early trade opportunities as possible, lest the opps turn scant thereafter. The short at the early High-of-Day called for a 2nd unit minimum what with all 4 contracts flashing sell signals simultaneously. But I shied away and was left managing a 1 lot into what turned out to be the best excursion of the frame. Seize the moment. Fulfill the plan. Only bad habits reinforced otherwise.

Fri Sep 4 Trade Summary

20150904
Short 1 TF 1136.1, -0.4
Short 1 TF 1138.0, +2.2
Long 2 TF 1132.7, 1132.4, +1.0, +2.0
Total TF +4.8

Thurs Sep 3 Trade Summary

20150903
Short 1 TF 1149.3, +1.1
Long 2 NQ 4273.0, 4273.0, +4.0, +7.0
Short 1 TF 1152.7, +1.0
Long 3 TF 1149.7, 1149.0, 1149.0, -0.0, +1.0, +2.0
Total NQ +11.0
Total TF 5.1

Wed Sep 2 Trade Summary

20150902
Long 2 TF 1132.1, 1132.1, +1.0, +1.6
Long 1 TF 1132.5, +2.0
Total TF +4.6

Tues Sep 1 Trade Summary

20150901
Short 1 TF 1145.5, -1.4
Short 1 TF 1145.9, +2.0
Long 1 TF 1141.2, +2.0
Long 2 TF 1138.3, 1138.3, -0.0, -1.4
Long 1 TF 1138.3, -0.7
Long 1 TF 1138.5, -0.7
Long 1 TF 1134.9, +3.0
Total TF +3.1

Thur Jul 30 Trade Summary

20150730
Long 1 YM 17560, +30
Long 1 NQ 4533.0, +8.0
Short 2 TF 1223.1, 1222.9, -0.2, -0.3
Long 2 TF 1220.5, 1220.8, -0.5, +1.0
Long 1 TF 1220.4, +2.0
Total YM +30
Total NQ +8.0
Total TF +2.0

Wed Jul 29 Trade Summary

20150729
Long 1 NQ 4561.25, +6.0
Long 1 TF 1216.4, -0.1
Long 2 NQ 4550.25, 4551.5, +2.0, +6.0
Long 1 NQ 4548.25, -1.0
Long 3 NQ 4545.75, 4545.75, 4645.25, +2.0, +8.0, +2.0
Total NQ +25.0
Total TF -0.1

Tues Jul 28 Trade Summary

20150728
Long 1 ES 2065.5, +2.0
Long 3 TF 1203.2, 1203.0, 1202.6, -1.0, +1.0, +1.0
Long 1 TF 1201.8, -1.4
Long 1 NQ 4504.5, +8.0
Long 1 YM 17395, -10
Long 2 TF 1203.7, 1203.9, +4.0, +1.0
Total ES +2.0
Total YM -10
Total NQ +8.0
Total TF +4.6

Mon Jul 27 Trade Summary

20150727
Long 2 YM 17321, 17321, +20, +40
Short 1 TF 1216.0, +2.0
Total YM +60
Total TF +2.0

Fri Jul 24 Trade Summary

20150723
Long 1 TF 1235.2, -1.4
Short 1 NQ 4697.75, +2.0
Short 1 TF 1235.3, +1.4
Total NQ +2.0
Total TF -0.0

Thur Jul 23 Trade Summary

20150723
Long 4 TF 1255.4, 1254.9, 1253.8, 1254.2, -0.0, -0.0, +2.0, +0.7
Short 2 NQ 4621.75, 4621.50, -3.5, -3.75
Short 3 TF 1256.0, 1256.0, 1255.8, -0.4, -0.5, -0.6
Short 3 TF 1257.1, 1256.7, 1257.1, -0.6, -1.0, -0.6
Short 2 TF 1258.3, 1258.4, -0.3, -0.4
Short 1 TF 1260.0, +2.0
Total NQ -7.25
Total TF +0.3

Wed Jul 22 Trade Summary

20150722
Short 1 TF 1248.6, -0.7
Short 1 ES 2108.0, -0.0
Long 1 TF 1248.7, +2.0
Short 1 YM 17832, +10
Short 1 TF 1253.6, -0.4
Short 1 TF 1253.4, +1.0
Long 2 TF 1251.9, 1251.7, -0.6, +0.5
Long 2 TF 1250.2, 1249.5, +0.5, +1.6
Total ES -0.0
Total YM +10
Total TF +3.9

Tues Jul 21 Trades & Journal

20150721
Short 2 YM 1 17907, 17909, +7, +7
Short 2 TF 1263.2, 1263.2, +0.4, +2.0
Short 2 NQ 4677.5, 4677.25, +2.0, +7.0
Long 1 TF 1259.8, -1.4
Long 3 TF 1256.1, 1256.1, 1256.3, +0.7, +0.7, -0.7
Long 1 TF 1259.5, -0.5
Long 2 TF 1271.7, 1252.0, -0.5, -0.0
Long 2 TF 1250,6 1250.6, -0.4, -0.4
Long 3 TF 1247.7, 1247.7, 1247.5, +0.7, +1.0, +0.7
Total YM +14
Total NQ +9.0
Total TF +2.3

Numbers from a support / resistance grid--or as we call it: the Pivot-Exhaustion Grid--can play a double role. As some junctures, if price fails to hold at some, more critical levels, a 2nd trend or leg can ensue, and often in an impulsive, range expanding pattern. Those are the best breakouts to find, as they present opportunities for quick gains. Those trades can also lend a great deal of satisfaction to trading. It makes you feel you are in the cognoscenti, or even one of Minority Report's 'precogs', with prescience of what's about to happen. This can be very dangerous to your health, as the feeling of gratification that comes from picking the right breakouts is so strong that it draws you back to places where such trades only fail and cause you losses. Nature loves to hide, and the poorer performing breakouts far too often arrive with the kind of action that brings too many to the expectation of the breakout. Therefore, the best breakouts tend to come in disguise of support/resistance numbers that look too formidable to break, and therefore are far less expected. Take note of your head at such junctures. "Most of the opportunity that is missed in the market is missed by traders who could not concede that the action would go the expected distance--but in the opposite direction."

Mon Jul 20 No trades

Fri Jul 17 Trade Summary

20150717
Long 1 TF 1269.2, -1.0
Long 1 YM 17970, -5
Short 1 NQ 4624.75, -2.0
Short 1 NQ 4625.5, -2.0
Short 2 NQ 4631.0, 4631.5, +5.0, +2.0
Long 2 TF 1263.2, 1263.4, +0.7, +1.7
Long 2 TF 1264.6, 1263.2, -0.0, +1.9
Total YM -5
Total NQ +3.0
Total TF +3.3

Thur Jul 16 Trade Summary

20150716
Long 1 TF 1267.4, +1.6
Short 2 TF 1270.3, 1271.3, -1.5, -0.7
Short 1 TF 1273.4, +2.0
Long 2 TF 1270.2, 1268.8, +0.7, +0.7
Long 1 TF 1269.9, +1.2
Total TF +4.0

Wed Jul 15 Trade Summary

20150715
Short 2 TF 1168.9, 1268.8, +0.7, +1.7
Short 1 TF 1269.1, +1.0
Total TF +3.4

Tues Jul 14 Trade Summary

20150714
Long 1 TF 1261.2, +1.3
Short 1 ES 2095.75, -1.5
Short 2 TF 1264.7, 1264.5, +0.7, -0.2
Short 1 TF 1265.4, +1.6
Short 1 TF 1265.0, +0.9
Short 1 TF 1266.1, +1.0
Short 1 NQ 4510.25, +3.0
Total ES -1.5
Total NQ +3.0
Total TF +5.3

Mon Jul 13 Trade Summary

20150713
Short 1 NQ 4464.75, -2.0
Short 2 TF 1258.7, 1259.2, -1.7, -0.7
Short 2 TF 1260.5, 1260.6, +3.0, +1.2
Short 1 TF 1260.2, +1.7
Long 1 NQ 4469.5, -0.5
Long 1 NQ 4468.25, +2.0
Total NQ -0.5
Total TF +3.8

Fri Jul 10 Trade Summary

20150710
Long 1 TF 1245.6, -1.4
Long 1 TF 1244.0, +0.5
Long 1 TF 1243.7, -0.0
Short 1 TF 1243.2, -0.7
Short 1 TF 1245.4, +2.3
Long 1 TF 1242.3, +1.0
Short 1 ES 2064.5, +2.0
Short 2 YM 17632, 17632, +7, +22
Short 2 NQ 4389.75, 4390.75, +2.0, +3.0
Total ES +2.0
Total YM +29
Total NQ +5.0
Total TF +1.7

Wed Jul 8 Trades & Journal

20150708
Long 1 NQ 4385.5, -3.0
Long 2 NQ 4379.5, 4380.5, +6.0, +3.0
Long 2 NQ 4381.0, 4379.5, -2.0, -2.0
Long 2 NQ 4365.0, 4365.0, +2.0, -2.0
Long 2 TF 1230.8, 1230.8, +0.7, +3.0
Long 3 NQ 4363.75, 4363.75, 4362.75, +2.0, -2.0, -2.0
Long 3 TF 1229.8, 1229.1, 1228.9, +0.7, +2.0, -0.5
Short 1 TF 1234.9, +1.4
Long 1 TF 1232.3, -0.0
Long 2 TF 1231.4, 1230.4, -1.4, -0.4
Long 2 TF 1229.8, 1229.8, -0.4, -0.4
Long 2 TF 1229.4, 1229.4, -0.5, -0.5
Long 3 TF 1229.4, 1229.4, 1228.7, -1.4, -1.4, -0.7
Long 2 TF 1229.7, 1228.7, -0.3, -0.3
Long 2 TF 1228.4, 1228.4, +2.1, +2.1
Total NQ +0.0
Total TF +3.8

Over-trading is a disgusting disease. It takes over your head usually when you find yourself trying to recoup a loss, and believe you see the same buy or sell opportunity repeat itself in succession, but only to stop out repeatedly as the market fails to produce the expected result. And to add to it, I already had a days profit goal as the 1st Frame came to an end. I made the mistake of taking one more trade because I thought I understood it. It was cocky. Then I took another to try to make back the loss when that one extra trade failed, but that trade failed too. I gave back all my profits before I finally found a winner, recouping just about half the day. Pyrrhic victories leave little satisfaction and usually less compensation. Quit when you've reached your goal, especially if it's at the end of the Frame your Trade Plan is limited to.

Tues Jul 7 Trades & Journal

20150707
Long 2 TF 1233.9, 1233.6, -0.9, +0.7
Long 4 TF 1232.3, 1232.3, 1231.5, 1231.5, +0.2, +0.1, +2.0, +1.9
Long 1 TF 1231.8, -0.7
Long 1 TF 1231.5, -0.5
Long 1 TF 1231.8, -0.9
Short 1 TF 1230.5, -0.0
Long 1 TF 1229.0, -0.7
Long 3 TF 1227.6, 1227.6, 1227.4, -0.7, -0.7, +0.7
Long 1 ES 2043.0, -1.5
Long 2 TF 1225.7, 1225.7, -0.5, -0.5
Long 2 TF 1222.6, 1222.6, -0.7, -0.7
Long 3 TF 1222.3, 1222.3, 1223.6, +3.0, +3.5, +2.0
Total ES -1.5
Total TF +6.6

Low volatility days can put you to sleep. You almost forget how to trade bigger volatility. And the absence of real bear market development does the same. ...then, it reappears. Today, all four contracts created pre-break pause patterns simultaneously for bear leg trigger. I recognized the juncture. Went long, and then did, in fact, go short as the Trade Plan prescribed. But then I lost faith once I was triggered into the short, and backed out the short at break-even... only to watch the expected bear leg tack on a further 10 pt decline ....without me. Whether this show of bear fur is really the beginning of a greater period of volatility and steep impulse action is unknowable. And I'm guilty of calling at least 6 of the last 0 bear markets the past few years... at least in my head, if not out loud in the trade room. But it's not a matter of if the bear returns, but only a matter of when. And with all the Hindenburg sell signals that have appeared in the last weeks, a bear is now very likely only matter of days away. When it comes, the impulse moves tend to be strong, and one must master and have faith in the breakdown signal levels when they appear, as counter trend fades can be far more difficult and costly once those impulse breaks do appear.

Mon Jul 6 Trade Summary

20150706
Long 1 TF 1236.4, +1.6
Short 1 ES 2059.0, +2.0
Short 2 TF 1242.7, 1242.4, +0.7, -0.7
Short 2 TF 1242.8, 1242.7, +0.7, -0.7
Short 3 TF 1243.6, 1244.0, 1243.5, +0.7, +0.7, +0.7
Short 1 TF 1245.2, -0.0
Short 4 TF 1246.3, 1247.2, 1247.0, 1247.2, -0.0, +0.7, -1.1, -0.7
Short 2 TF 1247.8, 1247.8, -0.7, -0.7
short 2 YM 17636, 17635, +7, +15
Long 1 TF 1243.1, -1.0
Long 2 TF 1241.5, 1241.5, +0.5, -0.8
Long 4 TF 1241.1, 1240.9, 1240.6, 1240.1, -0.0, -0.0, +0.7, +1.6
Total ES +2.0
Total YM +22
Total TF +2.2

Thurs Jul 2 Trade Summary

20150702
Short 1 NQ 4432.5, +2.0
Long 1 NQ 4433.0, -2.5
Long 2 NQ 4429.0, +5.0
Short 1 NQ 4435.5, +7.0
Long 2 TF 1248.7, 1248.9, +0.7, +1.0
Short 1 TF 1251.1, +0.5
Long 1 NQ 4421.0, +4.0
Long 1 TF 1250.1, -0.5
Long 2 TF 1249.0, 1248.5, +0.7, +1.5
Short 1 TF 1250.1, +0.9
Long 1 NQ 4420.0, +2.0
Total NQ +17.5
Total TF +4.8

Wed Jul 1 Trade Summary

20150701
Long 1 TF 1259.3, -0.5
Long 2 TF 1255.3, 1254.8, +1.2, +1.2
Short 1 TF 1256.6, -1.2
Short 2 TF 1259.0, 1259.0, +0.5, -0.7
Short 1 NQ 4433.75, -2.5
Long 1 NQ 4432.25, -2.0
Long 2 TF 1259.9, 1260.1, -0.7, -0.7
Long 1 NQ 4428.5, +5.0
Long 2 TF 1258.6, 1258.6, -1.4, -1.4
Long 3 TF 1257.9, 1257.9, 1257.8, +1.8, +1.8, +1.9
Long 1 NQ 4422.25, -2.0
Long 1 TF 1255.8, +1.5
Long 1 TF 1255.8, -0.8
Long 2 TF 1253.6, 1253.6, -0.7, -0.7
Long 2 TF 1253.1, 1253.1, +1.4, +1.7
Total NQ -1.5
Total TF +4.2

Tues Jun 30 Trade Summary

20150630
Long 1 NQ 4396.0, -2.0
Short 1 TF 1251.0, +1.5
Long 1 TF 1247.5, 1247.0, +1.2, +1.5
Long 1 TF 1246.3, -0.4
Long 2 TF 1246.0, 1246.0, +1.0, +1.5
Long 1 TF 1245.4, +2.0
Total NQ -2.0
Total TF +8.3

Mon Jun 29 Trade Summary

20150629
Long 1 NQ 4423.0, +8.0
Long 1 TF 1266.3, +2.0
Short 1 NQ 4440.25, -2.0
Short 1 TF 1271.5, +1.0
Long 1 TF 1266.0, +2.0
Total NQ +6.0
Total TF +5.0

Fri Jun 26 Trade Summary

20150626
Long 1 YM 17834, +20
Short 2 TF 1282.4, 1282.3, -1.5, +0.7
Short 2 TF 1284.0, 1284.1, +2.0, +0.7
Long 2 TF 1279.4, 1279.5, +0.7, -0.7
Long 2 TF 1278.1, 1277.8, +1.5, +1.0
Long 1 TF 1276.6, -0.3
Long 1 TF 1275.6, +2.0
Total YM +20
Total TF +6.1

Thurs Jun 25 Trade Summary

20150625
Long 1 NQ 4523.25, -2.0
Long 2 TF 1279.6, 1279.6, -0.0, -0.0
Long 2 TF 1279.1, 1279.2, +0.7, +1.0
Short 2 NQ 4528.0, 4528.5, +3.0, +2.0
Long 1 TF 1279.2, -0.7
Short 1 NQ 4532.25, +2.0
Short 1 NQ 4532.25, -2.0
Short 2 YM 18914, 18914, +7, +20
Short 1 TF 1279.5, -0.7
Short 2 TF 1281.6, 1281.5, -0.4, -0.5
Short 3 TF 1282.9, 1282.7, 1283.6, +0.7, -0.0, +1.6
Total YM +27
Total NQ +3.0
Total TF +1.7

Wed Jun 24 Trade Summary

20150624
Long 3 TF 1288.9, 1287.5, 1287.4, -1.4, -0.1, +1.0
Long 1 NQ 4538.50, -2.0
Short 1 TF 1288.1, +1.5
Long 1 TF 1286.2, +1.8
Short 1 TF 1285.8, -0.2
Total NQ -2.0
Total TF +2.6

Tues Jun 23 Trade Summary

20150623
Long 1 TF 1288.1, -0.1
Short 1 TF 1287.5, -0.6
Long 1 TF 1287.5, -0.6
Long 1 NQ 4533.5, +6.0
Long 1 YM 18068, 18067, 18057, +2, +3, +7
Long 2 NQ 4527.25, 4527.0, -1.5, +2.0
Short 1 TF 1284.9, -0.2
Short 1 NQ 4525.5, +1.5
Long 2 YM 18052, 18047, +10, +7,
Long 2 YM 18052, 18047, -8, +7
Total YM +28
Total NQ +8.0
Total TF -1.5

Mon Jun 22 Trade Summary

20150622
Short 1 NQ 4538.76, -3.0
Short 3 TF 1285.9, 1286.9, 1287.3, -1.4, -0.7, -0.4
Short 1 NQ 4540.5, -3.0
Short 2 TF 1287.6, 1287.6, +0.7, -0.7
Long 1 TF 1287.9, +0.7
Long 1 TF 1286.4, -0.7
Short 1 YM 18074, -7
Short 2 NQ 4543.75, 4543.75, +2.0, +7.0
Long 1 TF 1285.7, -0.6
Long 1 TF 1284.4, +1.5
Total YM -7
Total NQ +3.0
Total TF -1.6

Fri Jun 19 Trade Summary

20150619
Short 2 NQ 4518.5, 4518.5, +2.0, +4.0
Short 2 TF 1280.0, 1280.0, +0.5, -0.2
Short 1 TF 1281.4, -0.2
Short 2 TF 1282.1, 1282.0, +0.7, +0.4
Total NQ +6.0
Total TF +1.2

Thurs Jun 18 Trade Summary

0150618
Long 2 NQ 4488.75, 4488.75, +2.0, +10.0
Short 2 TF 1273.5, 1273.7, -1.1, -1.0
Short 2 TF 1275.2, 1275.2, +0.7, -0.3
Short 2 YM 18014, 18015, +11, +7
Short 1 TF 1275.8, +1.0
Short 1 TF 1276.4, +1.4
Short 2 NQ 4522.5, 4523.25, -1.0, -1.5
Short 2 YM 18052, 18052, -6, -6
Short 1 TF 1278.2, -0.7
Short 3 TF 1280.2, 1280.1, 1280.2, +0.5, , -0.3, +0.4
Short 2 TF 1281.0, 1280.9, -0.4, -0.0
Short 1 TF 1281.1, -0.4
Total YM +6
Total NQ +10.5
Total TF -0.2

Wed Jun 17 Trade Summary

20150617
Long 2 TF 1269.1, 1269.2, +0.7, -0.7
Long 3 TF 1268.7, 1269.2, 1268.7, -0.0, +0.7, -0.0
Long 2 TF 1267.4, 1267.7, +0.7, -0.7
Long 1 TF 1267.1, -0.3
Long 3 TF 1267.3, 1266.7, 1266.5 -0.0, -0.5, +0.7
Long 2 TF 1266.3, 1266.3, +1.0, +1.4
Total TF +3.0

Tues Jun 16 Trade Summary

20150616
Long 2 YM 17710, 17710, +7, +20
Long 1 TF 1258.1, +1.0
Long 1 TF 1256.8, -0.7
Short 1 TF 1259.8, +1.7
Long 1 YM 17740, -7
Long 2 YM 17723, 17723, -10, -10
Long 3 YM 17712, 17712, 17712, +20, +20, +20
Total YM +60
Total TF +2.0

Mon Trade Summary

20150615
Short 1 TF 1241.9, +2.5
Short 2 TF 1244.2, 1244.9, -0.0, -0.5
Short 1 TF 1245.5, -0.6
Short 1 TF 1248.4, +1.2
Short 1 TF 1252.2, +0.7
Short 1 TF 1256.7, +0.5
Total TF +3.8

Thurs Jun 11 Trades & Journal

20150611
Long 1 NQ 4499.0, +10.0
Short 1 TF 1269.7, -0.4
Long 4 TF 1267.3, 1267.5, 1267.0, 1266.9, -1.4, -0.0, -1.4, -1.4
Long 3 TF 1265.3, 1265.3, 1265.3, +2.2, +2.2, +2.2
Long 2 TF 1266.4, 1265.8, -0.0, -0.2
Long 1 TF 1265.7, +1.3
Total NQ +10.0
Total TF +3.0

Two Persistent Trend Days in the same direction seldom follow each other back to back. But if even a correction / consolidation is likely, that doesn't mean the turns will necessarily be clear. And today, although better prepared that the previous 2 days to take breakouts, the one clean breakdown action was not accompanied by the Trade Plan aspects that were called for. Don't go to sleep on your models just because they don't appear everyday... especially those of your more selective breakout set. They'll reappear....and probably on a day you're least expecting them ....on a day when you've forgotten to keep them fresh. Nature loves to hide.

Wed Jun 10 Trades & Journal

20150610
Short 1 TF 1255.4, -0.7
Long 2 YM 17841, 17841, +20, +20
Short 1 NQ 4447.5, -1.5
Short 2 TF 1260.3, 1260.4, -0.9, +0.7
Short 1 NQ 4453.5, -0.0
Long 2 TF 1260.5, 1260.4, +1.7, +0.5
Short 1 TF 1261.1, -0.6
Short 1 YM 17938, -7
Short 1 TF 1267.0, -0.2
Short 1 TF 1266.9, -0.4
Short 1 TF 1267.2, -0.4
Long 2 TF 1166.7, 1166.6, +1.5, +0.7
Total YM +33
Total NQ -1.5
Total TF +1.9

The Persistent Trend Model is often the most difficult to trade of all. On those days, breakout players look like they knew what they were doing, and fade traders are full of stp-outs in their port. What often hurts worse than the stp-outs, however, are the breakouts that you missed when filters aligned, as I did in at least one key place, or in early pullback and/or ORB breakout trades that you succeeded in identifying and entering, but failed to hold for the full excursion the Persistent Trend offers to those of greater patience. I suffer more personal annoyance at the breakout trades I missed than the early trades I failed to make into runners, since most days are not of the Persistent Trend model and those runners turn out to be break-even stp-outs and wasteful of nice paper profits. It's the breakout opportunities that I miss that get me most, and peak my resolve to do better. Today, I resolve to keep the filter checklist in front of me, and review it not only before the day begins, but when faced with those fork-in-the-road opportunities we call Inflection levels that should be played first as fades, but with the added stp-n-reverse provision to get back into trend should they fail to reverse.

Jun 9 Trades & Journal

20150609
Long 2 YM 17754, 17757, -7, -7
Long 2 YM 1737, 1737, -7, -7
Long 2 TF 1245.5, 1245.3, +1.5, +1.0
Short 1 TF 1244.6, -0.8
short 1 TF 1244.0, -0.7
Short 2 TF 1243.1, 1243.1, +0.7, -0.7
Long 1 TF 1241.1, -0.7,
Long 1 TF 1241.4, +2.2
Short 1 TF 1245.1, -0.7
Short 1 TF 1246.0, -0.5
Short 2 TF 1249.6, 1249.6, +0.7, -0.7
Short 2 TF 1249.7, 1249.9, -0.7, +0.5
Total YM -28
Total TF +1.1

Market action can influence and prejudice your appraisal of trend. But the market often appears as one thing, only to become the other. Today, I let myself suffer from that and although I acted on longs at the lows, did too little commitment to capture the fuller excursion and insufficient size to overcome smaller losses. After the lows were in, I allowed that same prejudice to block me from an important bull inflection breakout opportunity, also which would have put me into profits on the day....

In order to learn from the days mistakes, consider the 'swing thoughts' that occupied your motives at the time the errors were made...both immediately after the day's trading is done, and then again a bit later when emotions have subsided. What were the entry models that would have put you into action at the right places? Why did you ignore them, and what internal conflicts can next time serve as helpful 'tells' to get your rally cap around the other way next time this occurs...? ...and it will occur again, of this you can be sure. The question is, will you be a different trader when it does?

Mon Jun 8 Trades and Journal

20150608
Long 1 TF 1257.8, -0.5
Long 1 TF 1257.8, +4.0
Long 2 TF 1256.4, 1256.6, +1.0, -1.1
Long 1 NQ 4456.5, +2.0
Long 2 TF 1255.0, 1255.3, +0.7, +2.0
Total NQ +2.0
Total TF +6.1

Even if you don't get back all of a previous day's losses, it's more important to finish the day after a losing day with a winning day. Get back in sync. Find your consistency. You'll recover your losses in the consistency of executing your trade plan. Do not let the previous day's losses hang over you like a pall. When your entry models appear, take them. If you've lost faith in some of your trade entry models, it's an indication those should not be included in your trade plan in the first place.

Fri Jun 5 Trades & Journal

20150605
Short 1 TF 1245.1, -1.4
Short 1 NQ 4463.5, -3.0
Short 3 TF 1246.5, 1247.1, 1247.7, -1.4, -1.4, -0.7
Short 3 TF 1250.2, 1250.0, 1250.4, -1.0, -1.3, -0.9
Total NQ -3.0
Total TF -8.1

There a number of filters that go into using the 2nd trend direction as breakout opportunities. On most days, breakouts fail, and although vendors will often reveal their methods by cherry picking those breakouts that, in fact, were successful as indicative of justification for a concentration of breakout utilization for trading efforts, such focus relies heavily on surviving a surplus of losses against letting the fewer winners run into a maximum of their excursion. As a whole, fading the market works more consistently, despite--or perhaps because--a fewer number of market participants employ fading the action. But that doesn't mean breakouts lack merit and even necessity as part of a Trade Plan. What it means is a more selective criteria should be employed before considering them. (cont'd)

Today teaches us an important filter that although I've been intimately familiar with these many years as an analyst, writer and educator of trade concepts, I still have not actually added to a list of filters I summarize as ingredients for breakout entry qualification: Day Model rotation. As painfully apparent as this may be to anyone who has read the book Pivots, Patterns and Intraday Swing Trades, my list of breakout minutia up to this point in time has only contained technical event criteria from within the day of action itself, from the ORB forward, without due consideration and weighting as to where in the Day Model rotation sits the short term cycle. So prescribed, one would accordingly add to today's breakout filtering what the day model yesterday displayed, and if a cycle turning point as has laid down its marker in the prior day's behavior, weight the following day's list of 'best models to succeed' appropriately. Otherwise, one might tend to fight the day's trend action, as I did today, oblivious to those important 'tells', stubbornly giving back some important profits in disregard of breakout opportunities from recent days where breakouts were not the models of choice. ...a good weekend and good trading next week to all...

Thur Jun 4 Trade Summary

20150604
Short 1 NQ 4501.25, -2.0
Long 1 NQ 4499.5, -3.0
Short 2 YM 18006, 18005, +7, -1
Long 2 TF 1257.3, 1257.5, +0.7, -0.7
Long 3 TF 1257.0, 1257.0, 1256.2, -0.2, +0.7, +3.0
Long 2 TF 1258.8, 1258.9, +0.7, -1.0
Long 2 ES 1208.75, 1208.75, -1.5, -1.5
Long 4 TF 1255.4, 1255.6, 1255.7, 1256.1, +0.7, +1.0, +2.0, +1.0
Total ES -3.0
Total YM +6
Total NQ -5.0
Total TF +7.9

Wed Jun 3 Trade Summary

20150603
Long 1 NQ 4515.5, +5.0
Short 1 YM 18026, -7
Short 2 TF 1253.3, 1253.6, -0.0, +0.7
Short 4 TF 1258.3, 1258.8, 1258.8, 1258.8, -0.0, +0.7, +0.7, -1.0
Short 1 TF 1261.6, -0.6
Short 4 TF 1262.3, 1262.4, 1263.3, 1263.4, -0.0, -0.0, -0.7, -0.8
Short 2 TF 1262.8, 1263.4, -1.0, -0.5
Total YM -7
Total NQ +5.0
Total TF -2.5

Tues Jun 2 Trade Summary

20150602
Long 1 TF 1243.7, -1.4
Long 2 TF 1240.1, 1240.1, +1.5, +2.7
Long 1 TF 1240.6, +1.3
Short 1 TF 1244.3, +1.3
Long 1 TF 1242.6, +3.0
Total TF +8.4

Mon Jun 1 Trade Summary

20150601
Long 1 TF 1246.4, -1.4
Long 1 TF 1245.0, -0.5
Long 3 TF 1242.5, 1242.5, 1251.5, -1.4, -1.4, -0.7
Long 3 TF 1241.2, 1241.2, 1241.2, -0.4, -0.4, -0.4
Long 3 TF 1241.2, 1241.2, 1241.2, +2.0, +2.0, +2.0
Short 1 TF 1244.8, +4.0
Long 1 TF 1241.0, -0.5
Short 1 TF 1239.9, +2.0
Short 1 TF 1240.5, -0.3
Short 1 TF 1242.4, -0.4
Short 2 TF 1242.8, 1242.8, +1.0, -0.3
Short 1 TF 1248.7, +1.4
Total TF +6.3

Fri May 29 Trade Summy

20150529
Short 2 NQ 4533.75, 4533.75, +2.0, +3.0
Long 1 YM 18042, +20
Long 1 TF 1245.8, +2.0
Long 1 TF 1244.1, +1.2
Total YM +20
Total NQ +5.0
Total TF +3.2

Wed May 27 Trade Summary

20150527
Long 1 TF 1234.6, +1.5
Long 1 TF 1233.9, +1.0
Short 3 TF 1239.1, 1239.9, 1239.8, -1.4, -1.4, -1.4
Short 2 YM 18132, 18132, +20, +20
Long 3 TF 1237.3, 1237.3, 1237.3, +0.7, +1.2, +2.6
Total YM +40
Total TF +2.8

Tues May 26 Trade Summary

20150526
Long 1 TF 1244.6, -0.5
Long 1 NQ 4404.5, -3.0
Long 2 TF 1240.0, 1240.3, 1240.7, -0.0, +1.2, -0.7
Long 2 TF 1239.0, 1237.9, -1.4, -0.4
Long 2 TF 1234.5, 1234.5, +2.0, +2.0
Long 1 TF 1235.5, -1.0
Long 1 ES 2110.25, -1.25
Long 2 NQ 4479.0, 4479.0, -2.0, -2.0
Long 1 TF 1234.7, -0.7
Long 1 TF 1233.9, +1.5
Short 2 TF 1235.4, 1236.0, 1235.7, -0.0, +0.7, +1.5
Short 2 TF 1237.5, 1237.8, +0.5, +1.2
Short 1 TF 1237.5, +1.8
Long 2 TF 1231.1, 1230.7, +0.7, +1.0
Short 1 TF 1234.4, +1.2
Total ES -1.25
Total NQ -8.0
Total +10.6

Fri May 22 Trades & Journal

20150522
Short 2 NQ 4536.75, 4535.75, +2.0, +4.0
Long 2 YM 18247, 18247, -7, -7
Short 1 TF 1255.5, -0.2
Long 1 TF 1256.1, -0.5
Long 3 YM 18240, 18241, 18237, +7, -0, +7
Long 2 TF 1253.2, 1253.5, +0.7, +1.3
Total YM -0
Total NQ +6.0
Total TF +1.3

Just want to wish all a peaceful memorial day. ...and to tip my hat to all those who made the ultimate sacrifice on the altar of freedom, that the rest of us might live to enjoy the fruits of this great country. I salute them all ..and shout Freedom First !!! There is no peace without it. Semper Fidelis.

Thurs May 21 Trades & Journal

20150521
Short 2 TF 1257.7, 1258.1, +1.3, +0.7
Long 2 NQ 4498.75, 4499.0, +2.0, +5.0
Long 1 TF 1253.7, +1.5
Total NQ +7.0
Total TF +3.5

The news can inject a shot of adrenaline into the action of the market, and without a pending economic number release, there often seems less commitment to the little trend wars that appear as swings in the 1st Frame of the day. The trick is to play what's on your screen regardless of how the news is interpreted. Make use of the volatility, but don't give the underlying fundamentals even a cursory thought. The truth is, the fundamentals are not underlying. Market structure is underlying, and plays out its destiny regardless of the news. ...or as my mentor, the cotton trader Randolf Newman use to say... "The news is is meant to confuse. Follow the news and you will lose."

Wed May 20 Trade Summary

20150520
Long 2 NQ 4483.25, 4484.0, +5.0, +2.0
Short 1 TF 1251.8, -0.5
Short 2 TF 1252.6, 1252.6, +0.5, +1.2
Short 1 TF 1253.0, -0.5
Short 1 NQ 4499.0, +5.0
Short 2 TF 1254.2, 1254.5, -0.0, -0.0
Short 1 TF 1254.1, -0.0
Short 2 TF 1254.6, 1254.1, +0.5, +0.4
Total NQ +12
Total TF +1.6

Tues May 19 Trade Summary

20150519
Short 2 NQ 4518.0, 4517.75, +2.0, +7.0
Short 1 YM 18259, -7
Long 2 NQ 4509.5, 4508.25, -0.0, -2.0
Short 3 NQ 4513.75, 4512.75, 4512.0, +2.0, +5.0, +2.0
Short 3 TF 1252.4, 1252.2, 1252.4, +0.7, +2.0, +0.8
Total YM -7
Total NQ +16.0
Total TF +3.5

Mon May 18 Trades & Journal

20150518
Short 2 TF 1240.3, 1241.0, -0.0, -0.7
Long 1 YM 18239, -0
Short 1 TF 1242.2, -0.7
Short 2 TF 1245.9, 1245.6, +0.7, +1.8
Long 1 YM 18221, +20
Long 1 TF 1241.8, -0.8
Long 1 TF 1240.9, -0.7
Long 1 NQ 4483.75, +3.0
Total YM +20
Total NQ +3.0
Total TF -0.4

Committing to just a part of the 3-frame day for a trading window lends itself better to control and perhaps a better endurance over the long haul. The first frame of the day tends to be the most volatile, and if your methods serve to capture volatility, this is usually the best window in which to place your best energy. However, sometimes the market doesn't always agree. The auto-bot in the valhallafutures trade room posts these lines at the end of the 1s Frame each day: "Mon May18 11:15 AM End of 1st Frame. If price has shown distinct trend, look for some consolidation and/or reversal. If volatile so far, could now become choppy. Further price extremes to initial direction signal possibility of Persistent Trend. Otherwise, if price has only consolidated so far, most likely will begin trending soon." ...and sure enough, the TF finally came out of the pullback base almost as if on cue, pushing fresh volatility into a Noon Hour High. You can't catch all moves all the time, but if this Yang-to-Ying flip were more the daily norm than the exception, I'd have to consider extending my trading window more into the 2nd Frame in order to include it. You have to be willing to go the market, in all aspects. The market will not accommodate by coming to you.

Fri May 15 Trades & Journal

20150515
Long 2 TF 1239.8, 1239.6, +0.4, -0.6
Short 1 TF 1238.6, +1.0
Long 1 YM 18183, +20
Short 1 TF 1239.2, -0.6
Short 2 NQ 4490.5, 4491.0, -1.5, +2.0
Short 1 TF 1241.4, -0.3
Short 1 NQ 4492.75, -2.0
Short 1 TF 1241.4, +2.0
Total YM +20
Total NQ -1.5
Total TF +1.9

Trading takes patience, and yet paradoxically, you must be prepared at every moment to strike. Playing the outfield in baseball makes a good comparison. But in trading, a lack of patience leads directly to mistakes. Today, towards the end of the frame, I showed decent patience in waiting for bear reaction while still in a short that wouldn't roll over from its short entry level. I got stopped out and thought that was about the end of my day. ...and then the YM and NQ added in with short signals of their own, and the TF's stp-out proved to be nothing but a false breakout. What to do, as now the selling is underway across the board, but you're out of all positions...? Wait to see if the YM and NQ sell signals hold while TF makes a retest of its most recent breakout high. They did, and the TF did a sweet little retest to the breaklap, just enough to get me back into the short I was made to look so stupid getting stopped out of. Don't worry about looking the stupid. The market is always smarter than you. Accept your stop-outs. Trade what's in front of you, swallow your pride, and if the signal is still there, just get back into the trade you got knocked out of. ..and a good weekend to all....

Thurs May 13 Trade Summary

20150514
Long 2 TF 1230.5, 1230.8, -0.5, -0.8
Long 2 TF 1230.0, 1230.0, +1.5, +2.0
Long 1 TF 1231.0, +1.0
Short 1 NQ 4454.0, +5.0
Short 1 TF 1233.1, +1.2
Short 1 TF 1236.3, -1.0
Short 2 NQ 4466.25, 4467.25, +3.0, +2.0
Short 1 TF 1238.7, +1.2
Total NQ +10.0
Total TF +4.6

Wed May 13 Trade Summary

20150513
Short 1 TF 1236.4, +1.5
Long 1 TF 1234.8, -0.2
Long 1 TF 1235.5, -0.0
Long 2 TF 1234.7, 1234.1, +0.4, +2.0
Long 2 TF 1233.9, 1232.9, -0.3, -0.5
Long 2 TF 1231.6, 1231.6, +1.0, +3.0
Total TF +6.9

Tues May 12 Trades & Journal

20150512
Short 1 NQ 4385.5, -1.0
Long 1 TF 1215.4, -0.5
Short 2 TF 1217.5, 1217.5, +1.0, +1.8
Short 1 TF 1218.2, +2.0
Short 1 TF 1219.1, -0.5
Short 2 TF 1221.2, -0.5
Short 2 TF 1223.6, 1223.6, -0.5, -0.5
Short 2 TF 1223.8, 1223.8, -0.5, -0.5
Short 4 TF 1227.2, 1227.2, 1227.2, 1226.8, +0.7, +0.7, -0.3, -0.0
Short 2 TF 1227.5, 1226.8, +2.0, +0.7
Short 1 TF 1229.8, -0.4
Short 1 TF 1230.0, +1.7
Total NQ -1.0
Total TF +6.4

Have seen a few of these types of reversals of late, coming without a full buy model at the lows, and then exploding on the way back up after a complex congestion pattern. That pattern at the lows came today as a well disguised continuation pattern, and my bearish trend prejudice wouldn't let me get my head around the clear breakout levels established by the YM and NQ. Instead, I let myself be mesmerized by the TF bearish divergence and general heaviness. Not only did it keep me from buy the breakout levels offered so nicely by YM and NQ, it got shorting the TF too early on the way back up, as if unable to acknowledge the TF's occasional propensity to play catch-up when in disguise. Take the trades as you see them. Forget your trend prejudice... or better yet, acknowledge that you have a distinct bias which is no doubt reflected by a predominance of traders in kind, thus putting yourself on the wrong side of the market, the majority opinion side. Acknowledge your trend prejudice as a 'tell', and consider what that could cause if the market gets pushed in the opposite direction. Remember Corollary #2., that "....most of the opportunity in the markets is missed by the traders who couldn't concede that the market could go the expected distance, but in the opposite direction."

Mon May 11 Trade Summary

20150511
Long 1 NQ 4451.5, +6.0
Long 1 YM 18123, +18
Short 1 TF 1237.9, +2.0
Short 1 TF 1239.0, -1.4
Short 3 TF 1240.4, 1240.4, 1240.4, +1.0, +1.0, +1.0
Long 1 TF 1238.2, +0.7
Long 1 TF 1237.3, -0.4
Long 1 TF 1233.1, +1.2
Total YM +20
Total NQ +6.0
Total TF +5.1

Tues May 5 Trade Summary

20150505
Long 1 TF 1229.5, -0.7
Long 1 YM 17971, -0
Long 2 TF 1223.1, 1223.1, +0.7, -1.0
Long 2 TF 1222.3, 1222.5, +1.0, -1.1
Long 2 NQ 4435.5, 4435.5, +2.0, -2.0
Long 2 NQ 4434.0, 4434.0, -3.0, -3.0
Long 2 NQ 4432.25, 4432.25, +2.0, -2.0
Long 2 TF 1218.2, 1218.2, +1.3, +2.0
Long 1 TF 1217.6, -0.3
Long 1 TF 1217.9, +1.8
Total YM -0
Total NQ -6.0
Total TF +3.7

Mon May 4 Trade Summary

20150504
Short 1 TF 1227.6, -0.7
Short 3 NQ 4493.75, 4495.75, 4496.0, -3.0, -0.0, +3.0
Short 2 TF 1233.5, 1233.5, +1.2, +2.0
Short 2 TF 1237.3, 1237.5, +1.0, +0.7
Long 2 YM 18029, 18028, -0, -0
Long 2 YM 18020, 18020, +7, +3
Long 2 TF 1232.8, 1232.8, -0.5, -0.5
Long 3 TF 1231.9, 1231.9, 1231.6, +3.0, +0.7, +0.7
Total YM +10
Total NQ -0.0
Total TF +7.6

Fri May 1 Trade Summary

20150501
Short 1 NQ 4438.75, +3.0
Short 1 NQ 4439.75, -2.0
Short 1 TF 1225.5, +3.5
Long 2 TF 1219.3, 1219.0, +2.5, +0.7
Total NQ +1.0
Total TF +6.7

Thur Apr 30 Trade Summary

0150430
Long 2 TF 1235.4, 1234.5, -0.0, -0.4
Long 3 YM 17880, 17873, 17870, -12, +15, -7
Long 2 TF 1232.2, 1231.5, +0.3, -0.5
Long 1 TF 1231.5, -0.9
Long 3 TF 1225.9, 1225.0, 1225.2, -1.4, +2.0, +4.0
Short 2 YM 17841, 17837, +7, +15
Short 1 YM 17853, +20
Total YM +38
Total TF +3.1

Wed Apr 29 Trades & Journal

20150429
Short 2 TF 1254.3, 1254.1, +0.7, +2.0
Long 1 TF 1248.5, -0.7
Long 1 TF 1248.3, +2.0
Total TF +4.0

Two losing days in a row is something to be avoided. In my own trade plan, such an event requires me to start the 3rd on the simulator, just to get back in sync. On the day after a losing day, consider that it's more important to finish the day a winner, even if missing a few trades, just to try and get the consistency back. Getting consistency back is far more important than getting back the money you lost the day before.

Tues Apr 28 Trades & Journal

20150428
Short 1 TF 1253.2, +1.0
Short 1 TF 1253.8, +1.2
Long 1 NQ 4514.0, -2.0
Long 1 NQ 4508.0, -2.0
Long 1 TF 1250.9, +2.0
Long 2 NQ 4502.00, 4502.00, +4.0, +8.0
Long 1 YM 17961, -12
Long 3 TF 1243.3, 1243.5, 1243.5, -1.4, +1.5, -0.7
Long 1 TF 1241.4, -1.5
Short 3 TF 1246.6, 1246.2, 1246.6, -1.4, +0.5, +0.5
Short 1 TF 1247.8, -0.7
Short 1 NQ 4508.0, -2.0
Short 3 TF 1248.9, 1248.9, 1249.1, -1.4, -1.4, -0.4
Short 3 TF 1251.0, 1251.0, 1251.0, -0.7, -0.7, -0.7
Total YM -12
Total NQ +6.0
Total TF -4.3

The market is always bigger than you are...and on some days much, much bigger. There is a tendency to fight the 2nd trend direction of the day when the reversal into that trend fails to meet your entry qualifications required to catch it. Such is was for me today, as the bottom came shy of several technical ingredients necessary for entry, and I was left watching it progress through a number of resistance levels and structure levels without being able to enjoy it's offerings to those who, by other means, were participating in the rapid retracement back towards the Opening levels. ....thus, I fought with it with shorts, and lost all the early profits of the initial trades. Don't fight the market on strong impulse action. Your tendency to do so will only put you into the majority company of those also doing so who are only fueling it further. ....and be sure to cut your losses off at about the same number of profit points you set as a daily goal. Tomorrow is another day....

Mon Apr 27 Trades & Journal

20150427
Short 1 TF 1268.4, +1.7
Long 1 NQ 4543.5, +4.0
Short 2 TF 1272.1, 1273.1, 1273.2, -1.5, -1.4, -1.4
Short 2 YM 18085, 18085, +7, +14
Short 2 TF 1274.4, 1274.4, +1.2, +1.2
Long 2 YM 18065, 18066, +7, +20
Long 2 TF 1272.6, 1272.5, -0.4, +0.7
Long 2 TF 1272.2, 1272.2, +0.5, -0.7
Long 2 YM 18063, 18063, +10, -3
Long 3 TF 1271.8, 1271.7, 1271.5, -1.4, -1.4, -1.4
Long 2 NQ 4542.5, 4542.5, +2.0, -2.0
Long 4 TF 1264.8, 1264.8, 1264.5, 1264.7, -0.5, -0.5, +0.7, -0.5
Long 2 YM 18033, 18033, +7, +20
Long 1 NQ 4538.0, +5.0
Long 2 TF 1263.4, 1263.5, +1.5, +1.7
Long 1 TF 1255.9, -1.4
Long 1 TF 1250.4, +1.6
Total YM +82
Total NQ +9.0
Total TF -1.7

It has been long acknowledged here that the TF leads the market, but that also signals from the other contracts in confluence can consistently be used to trade the TF when its own signals are lacking. Today.....not so much, as the signals from the NQ and YM were true enough to be taken on their own, but proved unsuccessful for trading in the TF. Trading just one of the 4 main stock indices can be myopic, and worse, it can lead to losing days where stubborn determination to make your chosen contract obey your calls. The market does not obey. It commands. ...and we must listen and follow.

Fri Apr 24 Trade Summary

20150424
Long 1 TF 1268.8, -0.6
Long 1 YM 17955, -5
Short 1 TF 1267.7, -0.5
Short 2 TF 1267.7, 1267.5, +1.0, -0.2
Short 4 YM 17982, 17982, 17988, 17983, -0, -0, +20, +20
Long 1 TF 1264.6, +1.3
Short 1 TF 1266.3, -0.3
Short 1 TF 1266.6, -0.3
Short 1 TF 1267.2, -0.7
Short 2 TF 1267.9, 1268.0, +0.5, -0.5
Long 2 NQ 4517.75, 4517.75, +2.0, +5.0
Total YM +35
Total NQ +7.0
Total TF -0.3

Thu Apr 23 no trades, away from market

Wed Apr 22 Trade Summary

20150421
Long 1 TF 1261.0, -0.5
Short 1 YM 17904, +30
Long 2 NQ 4421.0, 4421.0, +2.0, +7.0
Long 1 TF 1255.6, +2.0
Long 1 NQ 4420.0, -2.0
Long 2 YM 17836, 17837, +7, -7
Long 2 TF 1253.7, 1253.7, +0.7, -0.7
Long 2 ES 1286.75, 1286.75, -1.5, -1.5
Long 2 ES 1284.5, 1284.5, +3.0, +5.0
Short 1 ES 1289.75, +2.0
Short 1 TF 1258.5, -0.0
Short 1 NQ 4433.75, +3.0
Total ES +7.0
Total YM +30
Total NQ +10
Total TF +1.5

Tues Apr 21 No trades, away from market

Mon Apr 20 Trade Summary

20150420
Short 3 NQ 4387.5, 4387.5, 4389.25, -0.0, +1.0, +2.0
Short 1 TF 1258.5, +1.0
Long 1 TF 1256.0, +1.0
Long 1 TF 1255.6, -0.0
Long 1 TF 1255.0, +1.5
Long 1 TF 1261.2, +1.1
Total NQ +3.0
Total TF +4.6

Fri Apr 17 Trade Summary

20150417
Long 2 YM 17868, 17868, +15, +20
Long 2 YM 17855, 17846, -12, -5
Long 2 YM 17837, 17837, +10, -7
Long 2 TF 1257.7, 1257.8, -0.7, -0.8
Long 2 TF 1256.4, 1256.4, 1255.5, +0.7, +1.0, -0.7
Long 4 TF 1254.7, 1254.7, 1254.3, 1243.2, +0.7, +0.7, -0.7, -0.7
Long 2 TF 1251.6, 1251.6, +0.5, -1.0
Long 5 TF 1250. 1250.0, 1249.0, 1249.2, 1249.1, +1.4, +1.4, +2.0,+1.0, +0.7
Long 1 TF 1247.9, -0.7
Long 2 NQ 4342.25, 4342.25, +4.0, +6.0
Total YM +21
Total NQ +10.0
Total TF +4.8

Thur Apr 16 Trade Summary

20150416
Short 2 TF 1270.9, 1271.4, +0.3, +1.1
Long 1 TF 1269.4, -0.6
Long 1 TF 1268.7, -0.6
Long 1 NQ 4409.25, +4.0
Short 2 TF 1270.3, 1270.4, +0.7, +1.0
Short 1 TF 1270.6, -0.7
Short 1 TF 1270.5, -0.5
Short 1 NQ 4408.5, -3.0
Short 2 TF 1271.1, 1270.9, -0.3, +0.5
Short 2 NQ 4411.75, 4413.25, -2.0, +2.0
Total NQ +1.0
Total TF +0.9

Wed Apr 15 Trade Summary

20150415
Short 1 YM 18051, +3
Short 3 NQ 4406.25, 4405.5, 4406.5, -1.0, +2.0, -1.0
Short 1 TF 1166.5, -0.5
Short 2 TF 1268.2, 1268.0, +0.7, -0.8
Short 2 NQ 4410.25, 4409.0, +0.5, +0.4
Short 2 TF 1268.1, 1268.3, +1.2, +0.5
Long 1 TF 1267.0, +1.3
Total YM +3
Total NQ +9.0
Total TF +2.4

Tues Apr 14 Trades & Journal

20150414
Long 1 TF 1264.4, -0.3
Long 1 TF 1264.0, -1.4
Long 2 TF 1261.1, 1261.1, +0.7, -0.4
Long 1 TF 1259.2, -0.2
Long 3 NQ 4382.0, 4381.0, -3.0, -2.0
Long 2 TF 1258.4, 1258.4, -0.7, -0.7
Long 3 NQ 4371.5, 4371.5, 4371.25, +5.0, +5.0, +8.0
Long 2 TF 1254.7, 1254.7, -0.8, -0.8
Short 2 YM 17869, 17869, +15, +20
Long 1 TF 1255.8, +1.0
Short 2 NQ 4377.5, 4378.0, +6.0, +2.0
Short 2 TF 1259.0, 1259.1, +1.1, +0.7
Short 1 TF 1261.2, -1.4
Short 4 TF 1263.4, 1263.5, 1263.6, 1264.3, -0.0, +0.5, +0.4, +1.6
Total YM +35
Total NQ +21.0
Total TF -0.7

So often I must return to my journal to criticize my lack of fortitude when breakout triggers are ignored and big moves are left on the table. But today, with a huge bull breakout inflection in the TF coming well after the lows were in is just not one of those occasions. You can learn from any market. Everyday it teaches you where the best trades reside, but the TF and YM breakout action doesn't fit any of my current models, and thus requires more study. Whenever I see something new, I take a scan of the pattern and Sequent structure in order to compare it to others I've yet also been unable to catalog. Eventually, some common details will emerge, and considerations toward trading it can be weighed against its consistency and frequency of appearance.

Mon Apr 13 Trade Summary

0150413
Long 1 TF 1262.8, +1.3
Short 1 TF 1264.6, -0.4
Short 2 TF 1264.6, 1265.1, -0.0, -0.2
Long 1 TF 1265.7, -0.0
Short 1 TF 1265.9, -0.4
Long 2 YM 18008, 18006, -8, -4
Long 1 NQ 4433.25, +3.0
Long 3 TF 1267.5, 1267.4, 1267.6, +1.0, +0.5, +0.5
Total YM -12
Total NQ +3.0
Total TF +2.3

Fri Apr 10 Trade Summary

20150410
Long 2 NQ 4387.25, 4387.25, +2.0, +4.0
Short 2 TF 1261.3, 1260.9, +0.7, +1.2
Total NQ +6.0
Total TF +1.9

Thurs Apr 9 Trades & Journal

20150409
Long 3 NQ 4380.5, 4378.5, 4379.5, +2.0, -1.0, +2.0
Long 1 YM 17810, -10
Long 2 TF 1257.6, 1257.5, +1.2, +0.7
Long 2 TF 1255.6, 1255.9, +0.7, -0.7
Long 3 TF 1254.6, 1254.7, 1254.7, +0.7, +2.7, +0.7
Total YM -10
Total NQ +3.0
Total TF +6.0

Breakouts can be tricky. I often choose the wrong ones to go with and get stp'd out. When this happens a few times it becomes background as to following those entry models in my Trade Plan when they reappear. Today, with a decent set of trades under my belt and my profit goal reached early into the 1st Frame, I passed on a breakout model that appeared well before the end of the frame... and watched it fall 10 pts in profits without me. On the emotion side of things, missing that trade hurt a lot more than all the annoying stp-outs of the day before. That's how it goes. Nothing hurts more than missed opportunities... and even that can become a negative background to trading in the form of a sense of pressure not to miss potential opportunities, even trading outside one's plan in order not to miss them. Don't trade outside your plan. And if a breakout model is in your plan, then take it regardless as to whether the last one worked or not. If your breakout models are not finding any consistency in breakout mode, then you have the wrong filters and they have no business in your plan in the first place. But if they are in your plan, then trade them. You can't have it both ways. Putting anything in your plan that you do not take as a trade because you 'didn't like the trade' the very essence of weakness you thought to eradicate by having a Trade Plan in the first place.

Wed Apr 8 Trade Summary

20150408
Short 3 TF 1253.4, 1254.3, 1254.9, -1.6, -1.0, -0.5
Short 2 TF 1254.9, 1254.9, 1255.6, -1.4, -1.4, -0.4
Short 2 TF 1256.2, 1256.4, -1.0, -1.0
Short 3 TF 1258.2, 1258.4, 1258.4, +1.5, +2.0, +2.0
Long 2 TF 1255.3, 1255.3, +0.5, +1.0
Long 2 NQ 4350.5, 4350.5, -2.0, -2.0
Long 4 NQ 4343.0, 4343.0, 4343.0, 4343.0, +2.0, +2.0, -0.0, -0.0
Long 1 NQ 4343.75, +2.0
Short 2 TF 1254.3, 1254.9, -0.0, -0.5
Short 2 NQ 4354.25, 4354.25, +2.0, +4.0
Short 2 NQ 4357.25, 4357.25, -1.0, -1.0
Short 1 TF 1257.25, -0.4
Total NQ +6.0
Total TF -2.2

Tues Apr 7 Trade Summary

20150407
Short 2 YM 17881, 17880, +7, +20
Long 1 NQ 4354.75, -1.5
Long 2 YM 17843, 17842, -5, +7
Long 2 NQ 4348.75, 4348.0, -2.0, +2.0
Long 2 TF 1255.2, 1255.2, +1.0, +1.4
Short 1 NQ 4359.0, -1.5
Short 1 TF 1258.7, -0.5
Short 2 TF 1259.2, 1259.2, +0.5, -0.2
Short 1 TF 1259.2, -0.3
Long 1 TF 1259.6, -0.5
Short 1 TF 1258.9, -0.0
Short 1 TF 1259.1, +1.2
Total YM +29
Total NQ -3.0
Total TF +2.6

Mon Apr 6 Trade Summary

20150406
Short 2 TF 1255.7, 1255.8, -0.7, +0.7
Short 2 YM 17686, 17686, +10, +20
Short 2 TF 1256.9, 1256.9, +0.7, +0.3
Short 3 YM 17679, 17686, 17688, , +7, +7, -14
Short 1 NQ 4319.0, -3.0
Short 1 TF 1254.4, -0.7
Short 2 4320, 43.19.25, -3.0, -2.0
Short 1 TF 1258.3, +2.0
Long 1 TF 1255.5, +2.0
Total YM +30
Total NQ -8.0
Total TF +4.3

Thur Apr 2 Trades & Journal

20150402
Long 1 TF 1249.6, +1.8
Long 2 NQ 4394.5, 4394.5, +6.0, +9.0
Short 2 NQ 4306.5, 4307.25, +2.0, -2.5
Short 2 NQ 4316.5, 4317.75, -3.0, +2.0
Short 2 TF 1257.5, 1257.3, +0.7, +1.0
Total NQ +13.5
Total TF +3.5

A Blessed Easter and Passover to all....

Wed Apr 1 Trades & Journal

20150401
Long 2 YM 17582, 17582, -10, -10
Long 3 YM 17571, 17571, 17571, -7, -7, -7
Long 4 YM 17559, 17559, 17555, 17548, -0, -0, -7, -10
Long 4 TF 1237.0, 1237.0, 1237.0, 1236.9, -1.0, -1.0, -1.0 -0.5
Long 1 TF 1235.9, -1.4
Short 2 TF 1240.3, 1240.3, -0.4, -0.4
Short 4 TF 1242.5, 1242.5, 1243.5, 1243.5, +1.0, +1.0, +1.0, -0.3
Short 2 TF 1242.5, 1242.4, +1.7, +1.7
Short 2 TF 1243.8, 1243.6, -0.5, -0.5
Short 2 TF 1244.3, 1244.3, -0.5, -0.5
Short 1 TF 1245.4, -0.7,
Short 2 TF 1242.2, 1242.2, +1.0, +1.5
Short 1 TF 1242.2, +1.0
Total YM -58
Total TF +1.2

When we miss in-trend entries, and the market takes off hard without us, we are usually left waiting for pullbacks to enter into the trend we've missed, or choose structural and support level intersections from which to fade the trend into a reversal. Today, having missed both TF and NQ opening short signals, and no pullback bounces on which to get short, I was left to fading the initial collapse, and all unsuccessfully. The slowness and apparent incompleteness of that early low seemed only to extend the eventual pullback far beyond reason, so the pullback short opportunities were challenging as well. Keep your losses manageable. Valid entry models will eventually reappear at the right edge of your video screen. It may only mean that you recover from losses with subsequent gains, but not all days are destined to be profitable. The market is full of surprises that overwhelm your expectations. Stay within your limits, accept your stp-outs with humility. Stay with the game until you've reached your trading limits, whether in losses or in total number of trades taken. Today's resolution is to return to full readiness when ORB setup trades appear, and take them to get a jump on such early explosive openings to be on the right side of things... and if those trades are missed, resist entering into those early trend fades when clear signs that support levels are being ignored are playing out before your eyes. Stay calm...accept the outcome.

Tues Mar 31 Trade Summary

20150331
Long 2 TF 1247.8, 1246.9, +0.5, +2.0
Long 1 YM 17767, +20
Short 1 TF 1250.1, -0.6
Short 1 TF 1249.8, -0.3
Short 1 TF 1250.2, +1.8
Long 1 TF 1249.6, +1.5
Short 1 TF 1251.0, -0.3
Short 2 TF 1251.1, 1250.8, +1.2, +0.7
Total YM +20
Total TF +6.5

Mon Mar 30 Trade Summary

20150330
Short 1 ES 2046.0, -1.5
Short 2 YM 17870, 17870, -7, -7
Short 1 TF 1246.0, -1.5
Short 3 TF 1247.4, 1247.4, 1247.9, +0.7, +0.7, -0.1
Short 4 YM 17898, 17898, 17897, 17898, +7, +10, +7, +10
Long 2 TF 1246.8, 1246.4, -0.7, -0.4,
Short 2 TF 1246.0, 1246.0, +0.4, -0.5
Long 2 NQ 4355.25, 4355.25, -1.0, -1.0
Long 2 YM 17870, 17868, +10, +15
Long 1 NQ 1258.75, +6.0
Total ES -1.5
Total YM +45
Total NQ +4.0
Total TF -1.4

Fri Mar 27 Trades & Journal

20150327
Long 2 YM 17582, 16584, +7, -7
Short 1 TF 1231.6, +2.0
Long 1 TF 1232.3, -0.5
Short 2 TF 1232.6, 1232.7, -0.6, +0.5
Long 1 TF 1233.2, -0.0
Long 2 YM 17538, 17538, +7, +20
Short 1 YM 17585, -7
Short 1 ES 2049.25, -0.0
Short 1 ES 2051.25, -0.0
Short 1 TF 1230.2, -0.2
Long 1 TF 1230.5, -0.0
Short 1 TF 1230.5, -0.5
Long 1 TF 1232.2, +0.9
Total ES -0.0
Total YM +20
Total TF +1.6

Each trading day provides a whole chapter in potential learning experience and lessons in trade entry and management. But sometimes it just teaches you humility that the the methods and models you use don't call every turn. Today, after yesterday's capture of some nice swooning excursions, I went again hunting for Rhino. ....only to come home having only bagged a few squirrels. And to prove me wanting not only in method but in patience, the market offered me the expected entry model minutes after I had left the screen near the end of the 1st Frame, having quit for the day. In trading, it's usually the missed profits that bother you the most, far more even than any losses accrued. Stay patient. Wait out the frame. It doesn't matter if the market turns or breaks out without you if those entries were not in your Trade Plan. What matters only is that you stick to your Plan. ...and a good weekend to all....

Thurs Mar 26 Trades & Journal

20150326
Short 1 NQ 4288.75, -2.0
Short 1 NQ 4296.75, 4297.25, +2.0, -1.0
Short 2 TF 1229.6, 1229.4, +4.0, +0.7
Long 2 TF 1224.3, 1224.5, +0.7, -0.4
Long 1 TF 1223.3, -0.5
Long 1 NQ 4277.25, -2.0
Long 1 TF 1221.5, -0.7
Long 2 TF 1220.9, 1220.7, +3.0, +0.7
Short 1 TF 1225.0, +0.5
Short 1 TF 1226.6, -0.2
Short 1 TF 1226.8, +1.0
Total NQ -5.0
Total TF +8.8

WorkDone is an important concept in trend excursion and reversal. Today in the TF contract at the 1st Frame lows is a perfect example. Price just needed to clip the Globex night session low, even by a tick, before the excursion of that trend test was finally rejected in favor of a larger bull correction to the recent decline. Stay focused. The market tells us where the best places to buy and sell every day, but as Heraclitus noted, "Fools, although they hear, are like the deaf." And market participants, although they see, always seem to remain blind to the messages given them every day at their own place of work.

Wed Mar 25 Trades & Journal

20150325
Long 2 YM 17895, 17895, +7, -7
Long 3 NQ 4406.5, 4406.5, 4406.0, +2.0, -2.0, -1.0
Long 2 TF 1253.2, 1253.2, +0.7, +1.5
Long 2 NQ 4399.5, 4399.5, +2.0, -2.25
Short 1 YM 17887, -7
Short 1 ES 2082.25, -1.5
Short 1 TF 1256.2, +1.0
Short 1 ES 2083.5, -0.5
Short 2 NQ 4407.5, 4407.25, -2.0, -2.0
Short 2 YM 17909, 17909, +7, +20
Long 2 TF 1254.0, 1254.0, -0.5, -0.2
Short 1 TF 1253.06, -0.2
Long 1 TF 1252.2, -0.9
Long 1 TF 1251.5, -0.5
Short 1 TF 1251.1, -0.4
Total ES -2.0
Total YM +20
Total NQ -5.25
Total TF +0.5

When the bear is eager, care must be taken to recognize the Trade Entry Models quickly....and have the heart to stay with them. The early fades were certainly not working well as signals for a Persistent Trend Day Down began to appear, but when the key breakdown trigger appeared as a Failing Inverted H&S, I balked at the trigger because the action was a bit choppy. I let my frustrations dictate my trade action rather than the plan. I even called the short entry in the members chat room, and yet didn't follow through on taking the trade myself. Once the breakout occurred, I was left with trying to fade at the support zones below.... again obeying my frustrations at missing the breakdown dominate instead of acting on a Trade Plan. Thus, I was left little in hand for the frame. Look over all your Trade Entry Models each day before the action begins, especially note those you haven't seen in awhile, those in particular are more likely to appear now soon. When they appear, take the entries whether you 'feel' good about the trade or not ...and almost to the degree to which you are apprehensive about the outcome is the degree to which success is more likely to occur. Be the Trade Plan and no other.

Tues Mar 24 Trade Summary

20150324
Long 2 ES 2092.25, 2091.0, -0.0, +3.0
Short 2 TF 1259.3, 1260.1, -1.4, -0.4
Short 2 NQ 4442.25, 4442.25, +2.0, -1.5
short 2 TF 1260.5, 1260.5, -0.2, -0.2
Short 3 TF 1261.5, 1262.2, 1262.3, -0.0, +0.7, +1.0
Short 2 NQ 4453.5, 4453.5, +2.0, +2.0
Long 1 ES 2094.75, +2.0
Total ES +5.0
Total NQ +4.5
Total TF -0.5

Mon Mar 23 Trade Summary

20150323
Short 2 NQ 4445.0, 4445.0, +2.0, +3.5
Long 2 TF 1260.2, 1260.5, +0.7, -0.7
Long 2 YM 18092, 18092, +7, +12
Short 1 TF 1259.5, -0.4
Long 2 TF 1259.9, 1259.9, -0.1, -0.1
Long 2 TF 1259.9, 1259.9, +0.7, +1.0
Short 1 TF 1261.3, -0.0
Short 1 TF 1261.4, +0.6
Long 1 TF 1261.0, -0.3
Total YM +19
Total NQ +5.5
Total TF +0.8

Fri Mar 20 Trade Summary

20150320
Long 1 NQ 4455.5, -1.0
Short 2 YM 17992, 17997, +20, +17
Long 1 NQ 4449.0, +4.0
Long 1 TF 1257.2, -0.5
Long 2 TF 1256.0, 1256.1, +0.7, +2.2
Long 1 NQ 4453.25, -0.0
Total YM +37
Total NQ +3.0
Total TF +2.4

Thur Mar 19 No trades, away from market.

Wed Mar 18 Trade Summary

20150318
Long 2 NQ 4349.75, 4347.75, +6.0, +3.0
Long 2 TF 1230.4, 1230.5, +1.0, +2.5
Short 1 NQ 4357.0, -0.25
Short 1 NQ 4357.0, -2.0
Short 1 TF 1236.0, -0.2
Short 1 NQ 4358.5, -0.25
Short 1 NQ 4358.0, -1.5
Short 2 TF 1236.0, 1236.3, +0.7, +0.5
Short 1 NQ 4360.75, +8.0
Long 2 TF 1234.6, 1234.8, +0.5, +1.3
Total NQ +13.0
Total TF +7.0

Tues Mar 17 Trade Summary

20150317
Long 1 NQ 4353.0, +4.0
Long 1 NQ 4352.0, -3.0
Long 3 TF 1230.3, 1230.3, 1229.7, +0.7, +0.7, +2.0
Long 2 TF 1230.7, 1230.5, +0.7, -0.4
Long 2 TF 1230.0, 1230.1, +0.7, +1.5
Total NQ +1.0
Total TF +5.9

Mon Mar 16 Trade Summary

20150316
Long 2 TF 1233.5, 1232.4, -1.4, -0.4
Short 2 YM 17846, 17846, +7, -10
Short 2 NQ 4342.75, 4343.75, -3.25, -2.5
Long 2 NQ 4342.0, 4342.5, +2.0, +7.0
Long 2 TF 1232.3, 1232.1, +0.7, +1.5
Short 2 TF 1235.3, 1235.1, +0.7, -0.7
Short 1 NQ 4352.5, -2.0
Short 2 TF 1236.1, 1236.1, +0.5, +1.4
Long 1 TF 1234.5, -0.3
Total YM -3
Total NQ +3.25
Total TF +2.0

Fri Mar 13 Trade Summary

20150313
Long 2 TF 1228.8, 1228.7, -0.8, +0.7
Long 2 TF 1226.9, 1227.0, +2.0, +0.7
Long 2 TF 1226.0, 1226.1, -0.0, -0.0
Long 1 TF 1226.0, -0.7
Long 1 TF 1226.3, -0.0
Long 1 TF 1226.4, +1.0
Total TF +2.9

Thurs Mar 12 Trade Summary

20150312
Short 1 TF 1232.3, +2.2
Short 2 NQ 4327.25, 4327.25, +2.0, -2.0
Long 2 TF 1227.7, 1227.7, +0.7, -0.0
Long 2 NQ 4317.5, 4318.0, +8.0, +2.0
Long 1 TF 1225.4, +1.2
Short 1 TF 1224.7, -0.3
Total NQ +10.0
Total TF +3.8

Wed Mar 11 Trades & Journal

20150311
Short 3 TF 1210.0, 1211.0, 1210.6, -0.0, +1.6, +0.7
Short 1 TF 1211.7, -0.4
Short 1 YM 17722, +20
Short 2 TF 1213.4, 1213.4, +0.5, +1.6
Long 2 NQ 4328.5, 4328.5, +2.0, +6.0
Total YM +20
Total NQ +8.0
Total TF +4.0

Trading is not based on which way you think the market wants to go....it's based on the models that appear at the right edge of your video screen. Today I shorted the market at the highs of the 1st hour. I was pretty sure it was going higher and I was about to get stopped out. So tickled was I to be making some profits as it fell that I settled for a simple mechanical profit. I was wrong about my opinions but I still took the trade. The model was right and I was wrong. Trade your models. We don't predict, we position. Get in the trade, and manage the outcome. Except the outcome. That is all we know in trading, and all we need to know.

Tues Mar 10 Trade Summary

20150310
Long 2 YM 17820, 17822, -10, +7
Long 1 ES 2058.75, -1.5
Long 2 TF 1205.0, 1204.3, +0.5, +2.0
Long 1 NQ 4366.75, -1.0
Long 1 TF 1204.8, +2.0
Short 1 YM 17801, +20
Short 1 NQ 4367.25, +6.0
Long 1 NQ 4358.5, -3.0
Long 2 NQ 4352.25, 4352.75, +3.0, +2.0
Long 1 NQ 4347.0, -2.0
Long 1 NQ 4344.0, +8.0
Total ES -1.5
Total YM +17
Total NQ +13
Total TF +4.5

Mon Mar 9 Trade Summary

20150309
Short 1 TF 1220.2, -0.5
Short 1 TF 1221.7, +1.7
Short 1 TF 1221.8, +1.2
Long 2 TF 1218.0, 1217.5, +1.2, +0.7
Short 1 TF 1219.5, -0.3
Short 1 TF 1220.1, +1.6
Short 1 TF 1219.8, -0.1
Short 1 TF 1220.9, +1.6
Total TF +7.1

Fri Mar 6 Trade Summary

20150306
Short 2 TF 1229.0, 1228.6, +1.8, +1.4
Short 2 TF 1232.3, 1232.0, +1.0 +1.6
Long 1 TF 1227.8, +1.7
Total TF +7.5

Thurs Mar 5 Trades & Journal

20150305
Short 1 NQ 4454.0, +5.0
Short 1 TF 1227.1, -0.4
Long 1 TF 1230.6, -0.5
Short 1 TF 1230.2, -0.7
Short 2 TF 1233.3, 1133.2, +0.7, -0.7
Short 2 NQ 4463.0, 4453.0, +2.0, +5.0
Short 1 TF 1233.5, -0.3
Long 1 NQ 4458.25, +3.0
Short 1 ES 2002.0, +0.25
Long 1 TF 1232.7, -0.5
Long 3 TF 1231.6, 1231.2, 1231.2, -0.0, +0.5, +1.5
Total ES +0.25
Total NQ +15.0
Total TF -0.4

On some days, the best trades are not fading price extremes, but the inflections that take price to them. And the filters for knowing which breakouts to take and which to ignore can be a subtle and elusive formula. Only one was clearly a model in my Trade Plan's current litany, but there is much to learn from every day, as the market always tells us where the best places are to enter, if we would be only listen... stay focused...

Wed Mar 4 Trade Summary

20150304
Long 2 TF 1223.9, 1123.4, -1.1, +0.7
Short 1 NQ 4428.0, -3.0
Short 2 NQ 4431.5, 4431.0, +3.0, +5.0
Short 2 TF 1226.5, 1226.4, +0.7, +2.0
Short 1 NQ 4427.25, +3.0
Short 1 TF 1224.8, -0.2
Short 2 NQ 4435.0, 4435.0, -0.0, +6.0
Total NQ +14.0
Total TF +2.1

Tues Mar 3 Trade Summary

20150303
Long 1 TF 1234.2, -0.6
Long 2 TF 1231.8, 1231.8, -1.4, -1.4
Long 3 NQ 4456.0, 4456.0, 4456.0, +2.0, +3.0, +5.0
Long 2 TF 1229.2, 1229.2, +1.4, +3.2
Short 1 TF 1232.8, -0.5
Long 2 TF 1233.5, 1233.5, +0.5, -0.2
Short 2 TF 1133.8, 1133.7, +0.5, +2.0
Long 1 NQ 4552.25, -0.5
Long 2 NQ 4550.25, 4550.75, +2.0, +6.5
Long 1 NQ 4449.25, -0.5
Long 1 NQ 4445.0, +5.0
Total NQ +22.5
Total TF +3.5

Mon Mar 2 Trade Summary

20150302
Long 1 TF 1232.3, +1.2
Long 1 TF 1232.4, +1.5
Short 1 TF 1235.1, -0.1
Short 1 NQ 4468.75, +0.25
Short 1 TF 1236.0, -0.4
Short 2 TF 1240.8, 1240.6, -0.3, +0.7
Short 1 TF 1241.0, -0.7
Short 2 TF 1241.6, 1241.6, -0.3, -1.4
Short 2 TF 1243.1, 1243.1, +1.0, +1.0
Long 1 TF 1241.0, -0.2
Long 1 TF 1239.4, +0.7
Long 1 TF 1239.4, -0.5
Total NQ +0.25
Total TF +2.2

Fri Feb 27 Trade Summary

20150227
Short 1 TF 1236.6, -0.6
Short 2 TF 1237.1, 1237.2, +2.0, +2.0
Short 1 YM 18196, +20
Long 1 YM 18155, +12
Total YM +32
Total TF +3.4

Thurs Feb 26 Trades & Journal

20150226
Long 2 TF 1233.1, 1233.1, +0.7, -0.7
Long 2 YM 18168, 18168, +7, +18
Short 2 NQ 4438.75, 4441.0, -3.5, -1.0
Short 3 TF 1231.8, 1231.9, 1231.8, +0.5, -0.6, +0.5
Short 3 TF 1234.4, 1234.4, 1234.4, -0.0, -0.3, -0.7
Short 1 NQ 4441.5, -3.0
Short 2 TF 1136.3, 1136.3, 1136.2, +0.7, -0.8, -0.0
Short 1 NQ 4456.75, -0.75
Short 3 TF 1237.5, 1137.5, 1137.5, +0.5, +0.5, +0.7
Total YM +25
Total NQ -7.5
Total TF +1.0

Sometimes you fail your Trade Plan... sometimes your Trade Plan fails you... and sometimes your internet fails during the 1st Frame on a day where the initial model entry setups were the best in several days... it did, however, come to life near the the Low-of-Day (LOD) but could only get my head around a small YM position. Thereafter, I misjudged the strength of the Die Hard Bull, but survived serious losses with decent TF net break-even management, although not so well in the NQ. Let's try that again tomorrow... only this time, let's get online first....

Wed Feb 25 Trade Summary

20150225
Long 1 YM 18170, -7
Short 1 TF 1230.8, +1.8
Short 1 NQ 4444.5, +0.5
Short 1 TF 1231.7, +1.1
Long 1 TF 1232.7, -0.4
Short 1 TF 1132.4, -0.4
Long 1 TF 1133.0, -0.4
Short 1 TF 1131.9, -0.3
Short 1 TF 1132.9, +0.4
Total YM -7
Total NQ +0.5
Total TF +1.8

Tues Feb 24 Trades & Journal

20150224
Short 2 TF 1232.0, 1231.9, -0.4, -0.8
Short 1 YM 18122, +20
Long 1 TF 1229.1, +1.5
Short 1 YM 18141, -8
Long 1 YM 18150, +7
Long 1 TF 1233.9, -1.4
Long 1 TF 1232.3, -0.6
Long 3 TF 1232.0, 1232.1, 1232.1, +0.7, +1.0, +1.3
Total YM +19
Total TF +1.3

On some days, you fail your Trade Plan. ...as I did yesterday at a key opportunity on a morning of few TF opportunities within the Plan. But on other days, the Plan can fail you. ...or more correctly, your Trade Plan is inadequate at some junctures where turns take place without you, and successful breakouts and breakdowns take place that can only be described as a surprise. Of course you must consider what else you're missing that might have been included in future entry models, always considering changes to your Plan very, very carefully before committing to any. But otherwise, just live with it. Tomorrow is another day. Enter the trades according to your Plan, and manage them the best you can. Some days are better for trading than others....

Feb 23 Trades & Journal

20150223
Long 1 TF 1125.8, -0.7
Short 1 YM 17055, +20
Long 1 TF 1123.1, -0.5
Long 1 TF 1120.7, -1.4
Long 3 NQ 4436.75, 4436.75, 4436.75, +2.0, +2.0, +3.0
Long 3 TF 1119.5, 1119.5, 1119.6, -0.4, -0.4, -0.4
Long 1 TF 1119.5, +2.0
Short 2 TF 1122.2, 1122.3, -0.8, -0.9
Short 2 TF 1122.6, 1122.6, -0.7, -0.7
Short 3 TF 1123.1, 1123.1, 1123.1, +2.0, +2.0, +2.0
Total YM +20
Total NQ +7.0
Total TF +1.1

A single big slam down today presented some challenges in TF trading, and yet not outside the Trade Plan. I just failed to get my head around the trigger in time to acknowledge what was in front of me. I also let the NQ relative strength caution me away from trading what was in front of me in the TF contract. Trade what's in front of you. Ignore the initial divergence as action tries to uncover the trend. The TF stands alone and on its own as these efforts unfold. Read the Trade Plan of these more challenging models into the voice in your ahead before trading begins. This is how you prepare. Not with suppositions about which way the market is supposed to go based on overnight action, but on what appears in front of you at the right edge of your video screen.

Fri Feb 20 Trades & Journal

20150220
Long 1 TF 1123.6, -0.5
Long 2 NQ 4397.75, 4397.75, +3.0, +5.0
Long 1 YM 17859, -3
Long 1 TF 1216.3, -0.3
Short 2 TF 1214.8, 1214.8, +0.5, -0.7
Short 1 YM 17894, -7
Short 1 NQ 4305.75, -3.0
Short 2 TF 1218.8, 12.8.8, -0.5, -0.5
Short 3 NQ 4409.25, 4409.25, 4409.0, +1.0, +.75, -1.5
Short 2 TF 1220.1, 1220.1, +1.1, +2.7
Short 1 TF 1222.8, -0.9
Short 3 TF 1224.1, 1224.1, 1123.9, +0.5, +1.2, +0.5
Short 1 TF 1224.1, -0.5
Short 1 YM 17975, +10
Total YM -0
Total NQ +5.25
Total TF +2.6

2nd Trends require another set of entry models. But we get comfortable in our approach, and this comfort can also be aided by the trend prejudice that 1st trends often instill. So it was that I missed several decent bull breakout entries on the way back up today, and underestimated the 'after-life' so typical of 2nd trends. Stay alert. Your behavior models as a trader must be as rehearsed as your technical entry event models. If this, then that. Always note where you are in the day's events. Shift with the market. It's all in front of you. The market tells us everyday where the best entries are. Study those places wherein you were most apt to be stp'd out and proven wrong. ...therein lie the profits that have alluded you. ....and a good weekend to all...

Thur Feb 19 Trade Summary

20150219
Short 1 TF 1223.0, +1.2
Short 1 TF 1223.5, +2.0
Short 1 TF 1126.2, -0.2
Long 1 TF 1225.5, -0.0
Total TF +3.0

Wed Feb 18 Trade Summary

20150218
Short 2 TF 1222.1, 1122.4, -0.0, +1.5
Long 2 TF 1220.7, 1220.6, -0.6, +0.5
Long 2 TF 1218.8, 1218.8, +0.5, +1.6
Short 1 TF 1220.3, +1.5
Long 1 TF 1217.5, -0.1
Long 2 TF 1217.0, 1217.2, +3.0, +0.7
Total TF +8.6

Tues Feb 17 Trade Summary

20150217
Long 2 NQ 4372.25, 4371.25, -1.5, +2.0
Short 1 YM 17945, -5
Short 1 TF 1221.6, -0.5
Short 1 YM 17948, -7
Short 1 TF 1223.5, +1.7
Short 1 NQ 4378.5, -0.75
Short 1 YM 17959, +10
Long 1 YM 17955, -5
Long 1 YM 17944, +13
Short 1 NQ 4383.0, -0.75
Long 1 TF 1224.3, -0.1
Long 1 NQ 4375.5, -3.0
Long 2 NQ 4375.25, 4374.5, -2.25, +2.0
Long 1 TF 1220.5, -0.5
Total YM +6
Total NQ -4.25
Total TF +0.6

Fri Feb 13 Trades & Journal

20150213
Short 1 NQ 4361.75, +5.0
Short 1 YM 17969, -12
Long 1 TF 1217.6, +1.0
Short 1 YM 17986, -3
Short 2 YM 17986, 17986, +12, +20
Long 1 TF 1214.3, +1.0
Long 1 TF 1213.2, +1.5
Long 1 TF 1213.4, -0.0
Long 1 TF 1212.8, -0.6
Long 1 NQ 4349.0, +8.0
Long 2 TF 1212.4, 1212.4, +2.4, +2.7
Long 2 NQ 4350.57, 4350.25, -2.0, +2.0
Total YM +17
Total NQ +13
Total TF +8.0

Trading requires quick admissions of when your positioned wrong, or you have exited too soon. When at a critical turn, at a point where the market action is a persistent grind, and the individual index contracts are out of sync and giving false divergent signals, it is easy to get in too early before the turn is actually complete. Fine. You're not clairvoyant. So don't beat yourself up. Just look at what's in front of you without trend prejudice. Is the entry model there...or is it not? That is all you need to consider. And if it's still there, despite some whipsaw action, surviving the action that action knocked out your stops, then get back in. Stops are there to protect you from the big surprises, where you had everything assessed incorrectly, or failed to recognized the juncture as a potential inflection. Accept what the market is at every moment you are trading. It needs no excuse or reason. It just is. Observe the market. Be the Trade Plan. ...and a good weekend to all...

Thur Feb 12 Trade Summary

20150212
Short 1 TF 1206.3, +1.6
Short 1 YM 17901, -7
Short 2 NQ 4328.0, 4327.75, -2.0, -1.0
Short 1 TF 1208.7, -0.7
Short 1 YM 17903, -4
Short 2 TF 1210.9, +0.5, +1.7
Long 1 TF 1207.9, +1.0
Long 2 YM 17877, 17877, +7, +17
Total YM +13
Total NQ -3.0
Total TF +4.1

Wed Feb 11 Trade Summary

20150211
Short 2 NQ 4287.25, 4288.0, -3.0, -3.0
Long 3 TF 1199.7, 1198.8, 1198.2, -1.4, -1.4, -0.7
Long 2 TF 1197.3, 1196.9, -0.0, +2.4
Long 1 NQ 4287.5, -0.5
Long 1 ES 2062.0, +1.0
Long 1 TF 1197.2, +1.0
Long 1 ES 2061.25, -1.0
Long 1 TF 1196.1, -0.5
Short 1 TF 1195.6, +0.1
Long 2 TF 1195.4, 1195.2, +1.3, +1.8
Total ES -0.0
Total NQ -6.5
Total TF +2.6