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.