Fri Jul 30 2021 Trade Signals

20210730

 

Short 3 MNQ 14937.25, 14937.25, 14937.25,  -5.25, -5.25, -5.25, 

Short 3 MNQ 14947.0, 14947.0, 14947.0, -1.5, -1.5, -1.5, 

Short 3 M2K 2250.9, 2250.9, 2250.9, +2.1, +2.1, +2.1, 

Long 3 MNQ 14951.0, 14951.0, 14951.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 14947.25, 14947.25, 14947.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 14944.50, 14944.50, 14944.50, -5.25, -5.25, -5.25, 

Long 3 M2K 2237.2, 2237.2, 2237.2, -0.2, -0.2, -0.2, 

Long 3 M2K 2230.1, 2230.1, 2230.1, -1.5, -1.5, -1.5, 

Long 3 M2K 2227.9, 2227.9, 2227.9, -0.5, -0.5, -0.5, 

Long 3 M2K 2227.5, 2227.5, 2227.5, +6.1, +6.1, +6.1, 

Long 3 M2K 2220.8, 2220.8, 2220.8, +4.3, +4.3, +4.3, 

Long 3 M2K 2215.8, 2215.8, 2215.8, -0.3, -0.3, -0.3,

Long 3 MES 4383.50, 4383.50, 4383.50, +5.0, +5.0, +5.0, 

 

Total MES +15.0

Total MNQ -67.5

Total M2K +33.0

 

Thur Jul 29 2021 Trade Signals

20210729

 

Short 3 MNQ 15061.5, 15061.5, 15061.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 15068.0, 15068.0, 15068.0, -1.25, -1.25, -1.25, 

Short 3 MNQ 15067.75, 15067.75, 15067.75, -2.5, -2.5, -2.5, 

Long 3 MNQ 15050.0, 15050.0, 15050.0, -4.25, -4.25, -4.25, 

Long 3 MNQ 15040.25, 15040.25, 15040.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 15036.25, -0.5, -0.5, -0.5, 

Long 3 MNQ 15025.5, 15025.5, 15025.5, +15.25, +15.25, +15.25, 

Long 1 RTY 2247.4, 2.2

 

Total MNQ -2.25

Total RTY +2.2

 

Wed Jul 28 2021 Trade Signals & Journal

20210728

 

Long 3 MNQ 14907.0, 14907.0, 14907.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 14904.75, 14904.75, 14904.75, 14904.75, +16.25, +16.25, +16.25, 

Short 3 MNQ 14943.0, 14943.0, 14943.0, -6.5, -6.5, -6.5, 

Short 3 MNQ 14963.25, 14963.25, 14963.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 14976.5, 14976.5, 14976.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 14978.25, 14978.25, 14978.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 14980.75, 14980.75, 14980.75, -5.25, -5.25, -5.25, 

Short 3 MNQ 15001.25, 15001.25, 15001.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 15020.5, 15020.5, 15020.5, +16.50, +16.50, +16.50, 

Long 3 M2K 2187.2, 2187.2, 2187.2, +3.5, +3.5, +3.5, 

Short 3 MNQ 15060.5, 15060.5, 15060.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 15006.25, 15006.25, 15006.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 15003.0, 15003.0, 15003.0, +17.25, +17.25, +17.25, 

Long 3 MNQ 15002.0, 15002.0, 15002.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 14996.75 14996.75 14996.75 -1.25, -1.25, -1.25, 

Long 3 MNQ 14988.5, 14988.5, 14988.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 14983.0, 14983.0, 14983.0, -5.25, -5.25, -5.25, 

Long 1 NQ 14951.25, +18.5

Short 3 MNQ 14981.75, 14981.75, 14981.75, +13.25, 13.25, 13.25, 

 

Total M2K +11.0

Total MNQ  -6.25

Total NQ +18.5

Again, the best trade opportunities did not show up until the 2nd Frame, and this time, since I was only using 3-lot Micro's for the losing trades of the 1st Frame, the appearance of a single, near perfect Trade Entry Model appeared to end the protracted decline from the high of the 1st Frame.   And although I was a bit jittery with it, and dispensed with it at an initial exhaustion area, it was enough to make the day worth while attending.    ...and the volatility in current conditions is already extreme enough, even in the Midday Frame, not to need the added juice of an FOMC Rate report.  

Tues Jun 27 2021 Trade Signals & Journal

20210727 

 

Long 5 MNQ 15062.25, 15062.25, 15062.25, 15062.25, 15062.25, -2.25, -2.25, -2.25, -2.25, -2.25, 

Long 5 MNQ 15051.75, 15051.75, 15051.75, 15051.75, 15051.75, +11.25, +11.25, +11.25, +11.25, +11.25, 

Long 5 MNQ 15014.75, 15014.75, 15014.75, 15014.75, 15014.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 15018.0, 15018.0, 15018.0, 15018.0, 15018.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 15017.25, 15017.25, 15017.25, 15017.25, 15017.25, -2.0, -2.0, -2.0, -2.0, -2.0, 

Long 5 MNQ 14936.0, 14936.0, 14936.0, 14936.0, 14936.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14937.25, 14937.25, 14937.25, 14937.25, 14937.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14900.25, 14900.25, 14900.25, 14900.25, 14900.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14894.50, 14894.50, 14894.50, 14894.50, 14894.50, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14895.75, 14895.75, 14895.75, 14895.75, 14895.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 M2K 2186.7, 2186.7, 2186.7, 2186.7, 2186.7, +5.2, +5.2, +5.2, +5.2, +5.2, 

Long 5 MNQ 14885.0, 14885.0, 14885.0, 14885.0, 14885.0,  -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14875.25, 14875.25, 14875.25, 14875.25, 14875.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14857.75, 14857.75, 14857.75, 14857.75, 14857.75, -2.25, -2.25, -2.25, -2.25, -2.25, 

Long 5 MNQ 14858.0, 14858.0, 14858.0, 14858.0, 14858.0, -5.25, -5.25, -5.25, -5.25, -5.25,

Long 5 M2K 2170.1, 2170.1, 2170.1, 2170.1, 2170.1, -1.5, -1.5, -1.5, -1.5, -1.5, 

Long 5 MNQ 14825.25, 14825.25, 14825.25, 14825.25, 14825.25, +26.25, +26.25, +26.25, +26.25, +26.25, 

Long 10 MNQ 14805.75, 14805.75, 14805.75, 14805.75, 14805.75, 14808.25, 14808.25, 14808.25, 14808.25, 14808.25, +29.75, +29.75, +29.75, +29.75, +29.75, +25.0, +25.0, +25.0, +25.0, +25.0, 

 

Total M2K +18.5

Total MNQ +121.25

Stepping into the Stock Index Futures Markets in this kind of volatility has to be described as reckless.  The intraday swings are so wide that most normal means of measuring extremes and exhaustion blow past all the conventional trade entry signals usually associated with them.   Today, as with so many of recent days, I found myself hitting maximum allowable losses before the end of the 1st frame..    and then found some remarkable entries that allowed a full recovery as the midday frame began to take hold.   

 

I had reckoned this phenom would fade, and things settle back down to the 1st frame still being the best to trade, but it seems this stage of extreme volatility is here to stay for awhile.    The solution will be to pare down from using even 5 micro's to just 3 in the 1st frame, and then take a look at going back to 5, or even using the E-mini's in the Midday frame, as I did last week, under similar circumstances.

Mon Jul 26 2021 Trade Signal Summary & Journal

20210726

 

Short 5 MNQ 15060.75, 15060.75, 15060.75, 15060.75, 15060.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 15070.75, 15070.75, 15070.75, 15070.75, 15070.75, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 15081.0, 15081.0, 15081.0, 15081.0, 15081.0, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 15089.25, 15089.25, 15089.25, 15089.25, 15089.25, +6.25, +6.25, +6.25, +6.25, +6.25, 

Short 5 MNQ 15087.75, 15087.75, 15087.75, 15087.75, 15087.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 M2K 2219.1, 2219.1, 2219.1, 2219.1, 2219.1, -1.7, -1.7, -1.7, -1.7, -1.7, 

Short 5 M2K 2222.5, 2222.5, 2222.5, 2222.5, 2222.5, -1.5, -1.5, -1.5, -1.5, -1.5, 

Short 5 M2K 2224.3, 2224.3, 2224.3, 2224.3, 2224.3, -1.5, -1.5, -1.5, -1.5, -1.5, 

Short 5 M2K 2227.5, 2227.5, 2227.5, 2227.5, 2227.5, -1.5, -1.5, -1.5, -1.5, -1.5,

Short 5 MNQ 15029.25, 15029.25, 15029.25, 15029.25, 15029.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 15112.5, 15112.5, 15112.5, 15112.5, 15112.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 M2K 2227.9, 2227.9, 2227.9, 2227.9, 2227.9, -1.5, -1.5, -1.5, -1.5, -1.5, 

Short 5 MNQ 15101.75, 15101.75, 15101.75, 15101.75, 15101.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 15094.75, 15094.75, 15094.75, 15094.75, 15094.75, +20.0, +20.0, +20.0, +20.0, +20.0, 

Short 10 MNQ 15121.50, 15121.50, 15121.50, 15121.50, 15121.50, 15124.0, 15124.0, 15124.0, 15124.0,+8.25, +8.25, +8.25, +8.25, +8.25,+12.25, +12.25, +12.25, +12.25, +12.25, 

 

Total M2K -47.0

Total MNQ +50.0 

 

Another very rough time for the accuracy of trade signals in the 1st Frame.   And this time, afternoon trading didn't quite even get trade results back to break even, let alone the kind of profit/loss reversal equity reversal seen from Friday's PM session trading.   

 

All this begs the question of why I continue to trade the 1st Frame under current market conditions...    At the moment, the reason is because--as written about in the Journal on Friday, the YinYang concept in market activity should soon reverse back to the better trading to occur in the 1st Frame, and the poorer in the 2nd...     ...but we'll see how it goes tomorrow...  

Fri Jul 23 2021 Trade Signals & Journal

20210723

 

Short 5 MNQ 14956.25, 14956.25, 14956.25, 14956.25, 14956.25, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 14961.25, 14961.25, 14961.25, 14961.25, 14961.25, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 14969.25, 14969.25, 14969.25, 14969.25, 14969.25, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 14973.50, 14973.50, 14973.50, 14973.50, 14973.50, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 14979.50, 14979.50, 14979.50, 14979.50, 14979.50, -5.25, -5.25, -5.25, -5.25, -5.25,

Long 1 RTY 2190.5, -1.5

Long 1 RTY 2186.9, -0.4

Long 1 RTY 2186.1, -1.5

Short 5 MNQ 14991.5, 14991.5, 14991.5, 14991.5, 14991.5, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 14990.0, 14990.0, 14990.0, 14990.0, 14990.0, +13.0, +13.0, +13.0, +13.0, +13.0, 

Short 5 MNQ 14996.25, 14996.25, 14996.25, 14996.25, 14996. -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 14999.0, 14999.0, 14999.0, 14999.0, 14999.0, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 1 RTY 2193.7, -0,7

Short 1 RTY 2194.8, -1.5

Short 5 MES 4385.25, 4385.25,  4385.25,  4385.25,  4385.25, -2.75, -2.75, -2.75, -2.75, -2.75, 

Short 5 MNQ 15017.25, 15017.25, 15017.25, 15017.25, 15017.25,  -2.0, -2.0, -2.0, -2.0, -2.0, 

Short 5 MNQ 15017.75, 15017.75, 15017.75, 15017.75, 15017.75, -1.75, -1.75, -1.75, -1.75, -1.75,

Short 5 MES 4391.0, 4391.0, 4391.0, 4391.0, 4391.0, -0.75, -0.75, -0.75, -0.75, -0.75, 

Short 1 RTY 2201.2, +9.1

Short 3 NQ 15078.25, 15078.25, 15078.25, +8.25, +11.50, +14.75, 

Long 2 NQ 15060.75, 15060.75, +7.0, +14.25

Short 2 NQ 15080.25, 15080.25, +5.0, +9.25

Long 1 NQ 15064.0, +10.0

Short 3 NQ 15084.75, 15085.0, 15086.25, +5.25, +6.0, -0.75

 

Total MES -17.75

Total MNQ -163.75

Total NQ  +90.5

Total RTY +3.5

 

 

There is an oriental concept called YinYang that describes opposites that fit into each in alternates.  That phenom bears out in several market technical concepts with surprising regularity.  If the first trend direction tends to be false, the 2nd trend direction tends to be true.  If the 1st Frame of the day is choppy and irregular, then 2nd tends to be impulsive and crisp.  Just so then, trade entry opportunities will often appear in strings whose chances of success are very low for one set of signals, and then later the alternate string will appear with such confluence that larger size positions within a trade plan are invited.   

 

Just so did the trade opportunities appear today.   After a brutal set of entries produced nothing but stop-outs, a pause in my own initiatives allowed the market to move from one phase to another.    And still present in front of the screen as the Noon Hour time marker approached, I was able to witness a set of trade signals with such broadly disparate technical confluence as to allow me to switch from trading the Nasdaq micro's to trading the Nasdaq E-mini's again, which are 10 times the value.... and the risk.    And the signals, once into this Yang period, also appeared clearly in both directions, making it as inviting to flip from short to long and back again, as the signals appeared.   Thus an ugly losing day was turned nicely into a very profitable day by just being there for the Yang...        

 

For some examples of the various technical elements that were exposed as trade entry elements today, such as the Noon Hour time marker and the Rule of Alternation (YinYang), I refer you to the book, Pivots, Patterns and Intraday Swing Trades, available on line by this author.

Thurs Jul 21 2021 Trade Signals and Journal

20210721

 

Short 5 MNQ 14987.0, 14987.0, 14987.0, 14987.0, 14987.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14992.25, 14992.25, 14992.25, 14992.25, 14992.25, +16.25, +16.25, +16.25, +16.25, +16.25, 

Short 5 M2K 2210.+2, 2210.2, 2210.2, 2210.2, 2210.2, +5.4, +5.4, +5.4, +5.4, +5.4, 

Short 5 MNQ 14913.75, 14913.75, 14913.75, 14913.75, 14913.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14910.5, 14910.5, 14910.5, 14910.5, 14910.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ  14909.75, 14909.75, 14909.75, 14909.75, 14909.75, -2.0, -2.0, -2.0, -2.0, -2.0, 

Short 5 MNQ 14910.25, 14910.25, 14910.25, 14910.25, 14910.25, -1.75, -1.75, -1.75, -1.75, -1.75, 

Short 5 MNQ 14910.50, 14910.50, 14910.50, 14910.50, 14910.50, +5.50, +5.50, +5.50, +5.50, +5.50, 

 

Total M2K +27.0 

Total MNQ +11.25

Lately, the best trades, and those that exceeded my 1st Frame losses, all appeared in the Midday and Last Hour Frames.  Today was no exception, but in order to execute afternoon trades, you actually have to be in front of the screen when they appear.   Unlike the days of my youth, I am no longer able to sit in front of the screen all day.  My back forbids it, and it calls me out for a long daily walk.   

For a review of the day's main time frames, the time markers, and midday chart patterns that often reveal midday trade signals, refer to the book Pivots, Patterns and Intraday Swing Signals, available online.

Wed Jul 21 2021 Trade Signal Summary

20210721

 

Long 5 MNQ 14721.5, 14721.5, 14721.5, 14721.5, 14721.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14714.75, 14714.75, 14714.75, 14714.75, 14714.75, -0.25, -0.25, -0.25, -0.25, -0.25, 

Short 1 RTY 2120.9, -1.5

Short 1 RTY 2223.8 -1.5

Short 5 MNQ 14752.0, 14752.0, 14752.0, 14752.0, 14752.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short  5 MNQ 14755.75, 14755.75, 14755.75, 14755.75, 14755.75, +19.75, +19.75, +19.75, +19.75, +19.75, 

Short 5 MNQ 14766.25, 14766.25, 14766.25, 14766.25, 14766.25, +10.25, +10.25, +10.25, +10.25, +10.25, 

Short 1 NQ 14805.0,  +7.25

 

Total MNQ +45.0

Total NQ +7.25

Total RTY -3.0

 

Tues Jul 20 2021 Trade Signals & Journal

20210720

 

Long 5 MNQ 14532.75, 14532.75, 14532.75, 14532.75, 14532.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14527.5, 14527.5, 14527.5, 14527.5, 14527.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14524.5, 14524.5, 14524.5, 14524.5, 14524.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 M2K 2139.7, 2139.7, 2139.7, 2139.7, 2139.7, -1.5, -1.5, -1.5, -1.5, -1.5, 

Short 5 MNQ 14556.25, 14556.25, 14556.25, 14556.25, 14556.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 M2K 2141.5, 2141.5, 2141.5, 2141.5, 2141.5, -0.8, -0.8, -0.8, -0.8, -0.8, 

Short 5 MNQ 14567.25, 14567.25, 14567.25, 14567.25, 14567.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14571.5, 14571.5, 14571.5, 14571.5, 14571.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 1 YM 34201, -7

Short 1 RTY 2149.9, -1.5

Short 1 YM 34234, -12

Short 1 RTY 2157.9, -1.5

Short 1 RTY 2159.0, -1.5

Short 1 RTY 2160.4, -0.7

Short 1 RTY 2161.4, -1.5

Short 15 MNQ 14717.75, 14717.75, 14717.75, 14717.75, 14717.75, 14715.5, 14715.5, 14715.5, 14715.5, 14715.5, 14713.0, 14713.0, 14713.0, 14713.0, 14713.0, +10.75, +10.75, +10.75, +10.75, +10.75, +10.25, +10.25, +10.25, +10.25, +10.25, +9.0, +9.0, +9.0, +9.0, +9.0,

Short 15 MNQ 14714.75, 14714.75, 14714.75, 14714.75, 14714.75, 14711.0, 14711.0, 14711.0, 14711.0, 14711.0, 14709.5, 14709.5, 14709.5, 14709.5, 14709.5, +7.75, +7.75, +7.75, +7.75, +7.75, +7.0, +7.0, +7.0, +7.0, +7.0, +5.0, +5.0, +5.0, +5.0, +5.0, 

Short 10 MNQ 14739.25, 14739.25, 14739.25, 14739.25, 14739.25, +22.25, +22.25, +22.25, +22.25, +22.25, +22.25, +22.25, +22.25, +22.25, +22.25, 

Short 15 MNQ  14765.75, 14765.75, 14765.75, 14765.75, 14765.75, 14765.75, 14765.75, 14765.75, 14765.75, 14765.75, +10.0, +10.0, +10.0, +10.0, +10.0, +10.0, +10.0, +10.0, +10.0, +10.0, +15.25, +15.25, +15.25, +15.25, +15.25, 

 

Total M2K -11.5 

Total MNQ  +490.0

Total YM -19    

Total RTY -6.7  

 

A modest profit goal of +$500 for 1st Frame session trading belies two things in extreme volatility.  First, it hardly measures the potential such volatility can deliver if position signals can be entered successfully, and secondly, it may encapsulate a far too small stop-loss allotment to survive entry volatility whips these same days tend to demonstrate.  

 

My 1st Frame entries were so overwhelmed by normal exhaustion and grid level readings that I was down some $800 before I could push myself away from the screen.    But that made the 2nd Frame of the day, normally a kind of doldrums of volatility about the right temperature to use normal 1st Frame techniques.   And a beautiful set of Serial Sequent fractal algorithms, known as the 3rd Substitute Sequent, appeared perfectly in confluence with the Last Hour Transition Time Marker, which put the icing on the cake of an excellent entry opportunity.    

 

That created an equity swing for the day from -$800 to +$450.  This is not the strategy that should be employed to arrive at a day's profit goal.  I violated my maximum loss of -500 even to return to trading.  But in this environment, shifting to the lower volatility Midday and Last Hour frames might be necessary for survival, and I probably should have simply sat out the 1st Frame today altogether....

 

Mon Jul 19 2021 Trade Signal Summary

20210719

 

Short 1 RTY 2121.6, 0.2

Short 1 RTY 2123.2, -1.5

Short 5 MNQ  14501.5, 14501.5, 14501.5, 14501.5, 14501.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14502.0, 14502.0, 14502.0, 14502.0, 14502.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 1 RTY 2132.5, -1.5

 

Total MNQ -52.5

Total RTY -3.2

Fri Jul 16 2021 Trade Signals & Journal

20210716

Short 5 MNQ 14826.75, 14826.75, 14826.75, 14826.75, 14826.75, -1.25, -1.25, -1.25, -1.25, -1.25, 

Short 5 MNQ 14801.75, 14801.75, 14801.75, 14801.75, 14801.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long MNQ  14754.25, 14754.25, 14754.25, 14754.25, 14754.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 1 RTY 2183.1, -1.5

Long 1 RTY 2182.2, -1.5

Long 5 MES 4341.5, 4341.5, 4341.5, 4341.5, 4341.5, -2.75, -2.75,-2.75,-2.75,-2.75,

Long 1 RTY 2180.2, -1.5

Short 5 MNQ 14782.75, 14782.75, 14782.75, 14782.75, 14782.75, +20.5, +20.5, +20.5, +20.5, +20.5,

Long 5 MNQ 14741.25, 14741.25, 14741.25, 14741.25, 14741.25, -5.25, -5.25, -5.25, -5.25, -5.25,

Long 5 MNQ 14734.75, 14734.75, 14734.75, 14734.75, 14734.75, -3.25, -3.25, -3.25, -3.25, -3.25, 

Long 5 MNQ  14727.25, 14727.25, 14727.25, 14727.25, 14727.25, -4.25, -4.25,-4.25,-4.25,-4.25,

Long 5 MNQ 14722.25, 14720.25, 14720.25, 14720.25, 14720.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ  14718.75, 14718.75, 14718.75, 14718.75, 14718.75, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14700.25, 14700.25, 14700.25, 14700.25, 14700.25, +36.5, +36.5, +36.5, +36.5, +36.5, 

Total MES -13.75   

Total MNQ +78.75

Total RTY -4.5   

The ValhallaFutures Rule of Alnternation (not to be confused with an Elliott Wave rule of the same name) says that big waves follow small waves in the trend, and vice-a-versa.  So if part of your Trade Entry Concept is a momentum signal that has still not climaxed, but finally does so in a trend where small waves characterized the early part of the trend, you find your self trying to fade the arrival of the anticipated momentum signals in the midst of the trend's big waves--and in this environment, big wave are REALLY big, and can swallow up the size of your maximum affordable stop-loss risks like a 80's PacMan game.   

Today was just such a day.   And if I still hadn't been in front of the screen posting my trades as the Noon Hour approached, I would have missed the seldom-seen but highly consistent signal from our Fractal Algorithm, Serial Sequent, we call the 2nd Half Sequent, which gratefully cut my losses in half to at least more tolerable level.  

Have a set of Trade Entry Rules and a set of Money Management Rules to accompany all the technical rules necessary to have a methodology in the first place.   This is your Trading Plan.   Stick to your Trading Plan and limit your losses on losing days to about the same dollar figure you use as a daily profit target, and you'll at least survive from day to day and week to week, even when the volatility and trend extension is overwhelming.    

Thur Jul 15 2021 Trade Signals & Journal

20210715

 

Short 1 RTY 2180.8, -1.5

Short 1 RTY  2183.2, -1.5

Short 1 RTY 2184.1, -1.5

Short 1 RTY 2186.2, -1.5

Short 1 RTY 2187.1, -1.5

Short 5 MNQ  14857.75, 14857.75, 14857.75, 14857.75, 14857.75, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 5 MNQ 14862.25, 14862.25, 14862.25, 14862.25, 14862.25, -5.25, -5.25, -5.25, -5.25, -5.25,

Short 10 MNQ 14867.50, 14867.50, 14867.50, 14867.50, 14867.50, 14869.0, 14869.0, 14869.0, 14869.0, 14869.0, +12.0, +12.0, +12.0, +12.0, +12.0, +22.25, +22.25, +22.25, +22.25, +22.25, 

Short 2 RTY 2198.2, 2198.7, -1.5, -1.5

Short 1 RTY 2100.1, +4.4

Long 1 RTY 2186.2, -1.5 

Long 1 RTY 2183.9, -0.2

Long 5 MNQ 14823.25, 14823.25, 14823.25, 14823.25, 14823.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14810.25, 14810.25, 14810.25, 14810.25, 14810.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 1 RTY 2179.0, +6.9

Long 5 MNQ 14757.25, 14757.25, 14757.25, 14757.25, 14757.25, +32.5, +32.5, +32.5, +32.5, +32.5, 

 

Total MNQ +228.75

Total RTY -5.3

 

Being down 5 bills in order to end up +2 bills is not the route you want to take getting to a positive day.   For the last weeks, it's been treading some very bifurcated waters, only to end up with a draw on most days.   But it is what it is.   These are easily the most volatile markets I've ever traded, and I've been doing this for years.   Perhaps I'll get better at it...  or this old dog is out of tricks to learn...     

Wed Jul 14 2021 Trade Signal Summary

20210714

 

Short 5 MNQ 14960.25, 14960.25, 14960.25, 14960.25, 14960.25, +20.5, +20.5, +20.5, +20.5, +20.5, 

Long 1 RTY  2242.1, -1.5

Long 1 RTY 2241.0, -1.5

Long 1 RTY 2239.2, -1.5

Short 5 MNQ 14955.5, 14955.5, 14955.5, 14955.5, 14955.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14959.25, 14959.25, 14959.25, 14959.25, 14959.25, +1.5, +1.5, +1.5, +1.5, +1.5, 

Long 5 MNQ 14965.25, 14965.25, 14965.25, 14965.25, 14965.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14960.5, 14960.5, 14960.5, 14960.5, 14960.5, -1.75, -1.75, -1.75, -1.75, -1.75, 

Short 5 MNQ 14956.25, 14956.25, 14956.25, 14956.25, 14956.25, -2.0, -2.0, -2.0, -2.0, -2.0, 

Short 10 MNQ 14919.75, 14919.75, 14919.75, 14919.75, 14919.75, +7.25, +7.25, +7.25, +7.25, +7.25, -2.5, -2.5, -2.5, -2.5, -2.5, 

Short 5 MNQ 14927.25, 14927.25, 14927.25, 14927.25, 14927.25, +6.5, +6.5, +6.5, +6.5, +6.5, 

Short 5 MNQ 14941.5, 14941.5, 14941.5, 14941.5, 14941.5, +9.25, +9.25, +9.25, +9.25, +9.25, 

 

Total MNQ +115.25

Total RTY  -4.5

Tues Jul 13 2021 Trade Signal Summary

20210713

Short 1 RTY 2265.1, +4.2

Short 5 MNQ 14910.25, 14910.25, 14910.25, 14910.25, 14910.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14915.5, 14915.5, 14915.5, 14915.5, 14915.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 1 RTY 2252.0, -1.7

Long 5 MNQ 14916.25, 14916.25, 14916.25, 14916.25, 14916.25, +13.0, +13.0, +13.0, +13.0, +13.0, 

Short 5 MNQ 14944.5, 14944.5, 14944.5, 14944.5, 14944.5, -2.5, -2.5, -2.5, -2.5, -2.5, 

Short 5 MNQ 14957.25, 14957.25, 14957.25, 14957.25, 14957.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14961.5, 14961.5, 14961.5, 14961.5, 14961.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

 

Total MNQ -52.5

Total RTY +2.5

Mon Jul 12 2021 Trade Signal Summary

20210712

 

Long 5 MNQ 14819.5, 14819.5, 14819.5, 14819.5, 14819.5, +10.25, +10.25, +10.25, +10.25, +10.25, 

Short 1 RTY 2265.7, +2.5

 

Total MNQ +51.25

Total RTY +2.5

Fri Jul 9 Trade Signals & Journal

20210709

 

Short 5 MES 4331.25, 4331.25, 4331.25, 4331.25, 4331.25, +0.25, +0.25, +0.25, +0.25, +0.25, 

Short 5 MNQ 14693.25, 14693.25, 14693.25, 14693.25, 14693.25, -1.0, -1.0, -1.0, -1.0, -1.0, 

Short 5 MNQ 14714.25, 14714.25, 14714.25, 14714.25, 14714.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14723.25, 14723.25, 14723.25, 14723.25, 14723.25, +16.25, +16.25, +16.25, +16.25, +16.25, 

Short 5 M2K 2254.8, 2254.8, 2254.8, 2254.8, 2254.8, -1.5, -1.5, -1.5, -1.5, -1.5,

Short 1 YM 34637, -10

Short 5 MES 4342.25, 4342.25, 4342.25, 4342.25, 4342.25, -3.5, -3.5, -3.5, -3.5, -3.5, 

Short 1 YM  34719, +25

Short 5 MES 4348.5, 4348.5, 4348.5, 4348.5, 4348.5, -0.5, -0.5, -0.5, -0.5, -0.5, 

Short 5 M2K 2268.9, 2268.9, 2268.9, 2268.9, 2268.9, +3.7, +3.7, +3.7, +3.7, +3.7, 

Short 5 MNQ 14776.0, 14776.0, 14776.0, 14776.0, 14776.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14779.0, 14779.0, 14779.0, 14779.0, 14779.0, -7.25, -7.25, -7.25, -7.25, -7.25, 

Short 5 MNQ 14782.5, 14782.5, 14782.5, 14782.5, 14782.5, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14785.0, 14785.0, 14785.0, 14785.0, 14785.0, -2.0, -2.0, -2.0, -2.0, -2.0, 

Short 5 MNQ 14785.75, 14785.75, 14785.75, 14785.75, 14785.75, -2.0, -2.0, -2.0, -2.0, -2.0, 

Short 5 MNQ 14796.0, 14796.0, 14796.0, 14796.0, 14796.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14799.0, 14799.0, 14799.0, 14799.0, 14799.0, -2.5, -2.5, -2.5, -2.5, -2.5, 

Short 5 MNQ 14860.5, 14860.5, 14860.5, 14860.5, 14860.5, -1.5, -1.5, -1.5, -1.5, -1.5, 

Short 5 MNQ 14808.5, 14808.5, 14808.5, 14808.5, 14808.5, +6.5, +6.5, +6.5, +6.5, +6.5, 

Short 10 MES 4355.0, 4355.0, 4355.0, 4355.0, 4355.0, 4357.0, 4357.0, 4357.0, 4357.0, 4357.0,+1.5, +1.5, +1.5, +1.5, +1.5, +5.0, +5.0, +5.0, +5.0, +5.0, 

Short 1 RTY 2268.9, -0.4

Short 5 MNQ 14813.75, 14813.75, 14813.75, 14813.75, 14813.75, -3.0, -3.0, -3.0, -3.0, -3.0, 

 

Total MES +13.75

Total M2K +6.5

Total MNQ -87.5

Total YM +15

Total RTY -0.4

 

Another week treading water, as losses wash out gains trying to find swings.   Persistent grind and 'irrational exuberance' followed by cliff drop liquidations do not make for good intraday swing signals.    ...too many stop-outs.   But we'll stay with it, as no market condition ever persists for long.    In the meantime, this one has its challenges indeed.

Thur Jul 8 Trade Signal Summary

20210708

Long 1 RTY 2200.75, -1.5

Short 5 MNQ 14624.25, 14624.25, 14624.25, 14624.25, 14624.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14628.25, 14628.25, 14628.25, 14628.25, 14628.25, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14629.75, 14629.75, 14629.75, 14629.75, 14629.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Short 5 MNQ 14637.50, 14637.50, 14637.50, 14637.50, 14637.50, +16.5, +16.5, +16.5, +16.5, +16.5, 

Short 1 RTY 2215.7, +4.4

Long 1 YM 34039, +59

Total MNQ +3.75

Total YM +59

Total RTY +2.9

Wed Jul 7 Trade Signal Summary

20210707

 

Short 5 MNQ 14837.0, 14837.0, 14837.0, 14837.0, 14837.0, -2.0, -2.0, -2.0, -2.0, -2.0, 

Short 5 MNQ 14847.75, 14847.75, 14847.75, 14847.75, 14847.75, +15.0, +15.0, +15.0, +15.0, +15.0, 

Long 1 RTY 2255.3 -1.5

Long 1 RTY 2248.9, -0.5

Long 1 RTY 2247.8, -1.5

Long 1 RTY 2243.0, -1.5

Long 1 RTY 2242.7, -0.1

Long 1 RTY 2240.7, -0.8

Long 1 RTY 2235.5, -0.4

Long 1 RTY 2235.4, -0.4

Long 1 RTY 2230.7, +5.5

Long 5 MNQ 14731.25, 14731.25, 14731.25, 14731.25, 14731.25, +27.25, +27.25, +27.25, +27.25, +27.25, 

 

Total MNQ +201.25

Total RTY -1.2

Tue Jul 6 Trade Signal Summary

20210706

 

Short 5 MNQ 14756.75, 14756.75, 14756.75, 14756.75, 14756.75, -2.25, -2.25, -2.25, -2.25, -2.25, 

Long 1 RTY 2276.6, -1.5

Long 1 RTY 2274.3, -0.1

Long 1 RTY 2274.2, -1.5

Long 1 YM 34488, -9

Short 5 MNQ 14768.75, 14768.75, 14768.75, 14768.75, 14768.75, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 1 YM 34476, -9

Short 5 MNQ 14782.75, 14782.75, 14782.75, 14782.75, 14782.75, -1.75, -1.75, -1.75, -1.75, -1.75,  

Short 5 MNQ 14787.75, 14787.75, 14787.75, 14787.75, 14787.75, +27.0, +27.0, +27.0, +27.0, +27.0,  

Long 1 RTY 2262.7, -1.5

Long 1 YM 34367, +50

 

Total MNQ +62.5

Total YM +32

Total RTY -4.6

 

Mon Jul 5 Bank Holiday

Fri Jul 2 2021 Trade Signals and Journal

20210702

 

Long 5 MNQ 14644.5, 14644.5, 14644.5, 14644.5, 14644.5, +11.25, +11.25, +11.25, +11.25, +11.25, 

Long 5 M2K 2311.7, 2311.7, 2311.7, 2311.7, 2311.7, -1.5, -1.5, -1.5, -1.5, -1.5, 

Short 5 MNQ 14643.5, 14643.5, 14643.5, 14643.5, 14643.5, +10.25, +10.25, +10.25, +10.25, +10.25, 

 

Total M2K -7.5

Total MNQ +107.5

 

Another day playing it close to the vest, but can at least say all week was profitable.  Want to wish a great July 4th and celebration for this great nation, despite what the horrible deterioration on the political and policy front.   We're still the greatest nation on earth because we have the Constitution behind us....      all the best...  

Thur Jul 1 2021 Trade Signals and Journal

20210701

 

Long 5 MNQ 14547.0, 14547.0, 14547.0, 14547.0, 14547.0, 14547.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14545.75, 14545.75, 14545.75, 14545.75, 14545.75,+24.0, +24.0, +24.0, +24.0, +24.0, 

Long 5 MNQ 14537.0, 14537.0, 14537.0, 14537.0, 14537.0, -5.25, -5.25, -5.25, -5.25, -5.25, 

Long 5 MNQ 14533.75, 14533.75, 14533.75, 14533.75, 14533.75, +6.5, +6.5, +6.5, +6.5, +6.5, 

Short 1 RTY 2321.8, -1.5

Short 1 RTY 2324.2, -0.6

Short 1 RTY 2326.2, -0.2

Long 1 RTY 2319.5, -1.5

Long 1 RTY 2318.5, -0.6

Long 1 RTY 2316.3, +4.5

Total MNQ +105.0

Total RTY +0.1

 

We can keep a reasonably tolerable view of all four of the major stock index futures contracts.   The relationship between them often lends important trend and reversal information throughout the 1st frame.   All this is complicated, however, by the inconsistency of the vice-a-versa action, the bifurcation in trend direction between these major market sectors.   

This phenom is especially prevalent at market highs, where a frothy, rolling rotation continues to bubble up in sector alternation.   The odd thing thing is, on challenging days in the action, as was today, precise signals can still show up in at least one of the four index contracts, and often remains consistent in its own world all morning.   

 

But trading is emotional.   There is a strong tendency to keep trying in the contract you are being stopped out of in the mistaken belief that these stop-outs may actually be teaching you something about impending trend with each stop-out along the way.   

 

Instead, it is wiser to hone in on the contract lending consistency to its signalling and drop interest in the one you are being pulled into.   The market is not there as a puzzle for you to figure out.   That is the Analyst talking.   You are the Trader.  Your job is to execute.  

 

For more on the mental minefield that is futures trading, read the short booklet True Self, available on line at Amazon.com.