Thurs Mar 31 2022 Trade Signal Summary

20220331

Long 3 MNQ 15007.25, 15007.25, 15007.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 14993.5, 14993.5, 14993.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 14990.75, 14990.75, 14990.75, -5.25, -5.25, -5.25, 

Long 3 MNQ 14987.0, 14987.0, 14987.0,  -5.25, -5.25, -5.25,

Long 3 MNQ 14984.75, 14984.75, 14984.75, +35.5, +35.5, +35.5, 

Short 3 MNQ 15031.25, 15031.25, 15031.25, +55.25, +55.25, +55.25, 

Short 3 MNQ 15035.25, 15035.25, 15035.25,  -1.25, -1.25, -1.25, 

 

Total MNQ +209.25

Wed Mar 30 2022 Trade Signals and Journal

20220330

Short 3 MYM 35228, 35228, 35228,  -11, -11, -11

Short 3 MYM 35240, 35228, 35228, +7, +7, +7, 

Long 3 MYM 35114, 35114, 35114, -11, -11, -11

Long 3 MYM 35107, 35107, 35107,  +10, +10, +10, 

Long 3 MNQ 15187.5, 15187.5, 15187.5, -5.25, 5.25, -5.25

Long 3 MNQ 15185.5, 15185.5, 15185.5, -5.25, 5.25, -5.25

Long 3 MNQ 15167.75, 15167.75, 15167.75, -5.25, 5.25, -5.25

Long 3 MNQ 15163.25, 15163.25, 15163.25, -5.25, 5.25, -5.25

Long 3 MNQ 15154.25, 15154.25, 15154.25,  -1.75, -1.75, -1.75,

Long 3 MNQ 15136.5, 15136.5, 15136.5, -5.25, 5.25, -5.25

Long 3 MNQ 15114.5, 15114.5, 15114.5, -5.25, 5.25, -5.25

PM Trades: 

Short 9 MNQ 15170.0, 15170.0, 15170.0, 15171.75, 15171.75, 15171.75, 15172.5, 15172.5, 15172.5, +17.0, +17.0, +17.0, +22.25, +22.25, +22.25, +35.75, +35.75, +35.75, 

Total MYM -15

Total MNQ +125.25 

 "Trading is 90% mental," or so my mentor would often assert. "And the rest of it is in your head," would he always quickly add.    And just so today did my mental impatience build for buying a desired MNQ pullback during its initial trend higher, using my fractal algorithm as guide, until that prescribed pullback finally did appear.  ... but unfortunately, just when an 'old school' chart pattern, comprised of Pre-Break Pause Triggers broke down my appraised pullback opportunity into a total collapse in the opposite direction.   But so fixated on that pullback, I ignored the old school breakdown opportunity to go short with the break, and instead, repeatedly tried to catch the ensuing piano drop from its 4th story window, as my pullback landed square on my head.  OUCH.   Trend prejudice.  It's a killer.

 

Not until after taking a break to rest and restore myself from my anguish did I return just in time to witness the Noon Hour High, to find the allusive pullback opp I was looking for, but this time in the opposite direction, and took a nice 3-sets of 3 MNQ shorts.  

 

This time, ...but this time with all the required Technical Event components necessary for a Trade Entry present simultaneously appearing at the right edge of my video screen, including the algo Serial Sequent, the True Trend Momentum Indicator, the Grid (first return to the 200), and the blessed add-in Time Marker, the Noon Hour High.  ...thus, the justification for taking 3 sets of 3, and a nice wound healing for my otherwise miserable 1st Frame trade day.    (for an explanation of these concepts, see the book Pivots, Patterns and Intraday Swing Trades. )

Tues Mar 29 2022 Trade Signal Summary

20220329

Short 3 M2K  2115.6, 2115.6, 2115.6, -1.5, -1.5, -1.5, 

Short 3 M2K  2117.3, 2117.3, 2117.3,  +10.0, +10.0, +10.0, 

Long 3 M2K 2096.9, 2096.9, 2096.9,  +5.3, +5.3, +5.3, 

 

Total M2K +41.4

Mon Mar 28 2022 Trade Signal Summary

20220328

Long 3 MNQ 14794.5, 14794.5, 14794.5, -1.75, -1.75, -1.75, 

Long 3 MNQ 14792.0, 14792.0, 14792.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 14786.25, 14786.25, 14786.25, +41.0, +41.0, +41.0, 

 

Total  MNQ +102.0

Fri Mar 25 Trade Signal Summary

20220325

 

Long 3 MNQ  14716.5, 14716.5, 14716.5, +28.25, +28.25, +28.25,

Short 3 M2K 2070.1, 2070.1, 2070.1, +2.6, +2.6, +2.6, 

Short 3 MNQ 14792.75, 14792.75, 14792.75,  -1.75, -1.75, -1.75, 

Short 3 MNQ  14801.5, 14801.5, 14801.5, -2.5, -2.5, -2.5, 

Short 3 MNQ 14804.25, 14804.25, 14804.25, +24.75, +24.75, +24.75, 

Long 3 MNQ 14709.5, 14709.5, 14709.5,  -5.25, -5.25, -5.25, 

Long 3 MNQ 14704.75, 14704.75, 14704.75, +12.25, +12.25, +12.25, 

PM Trades:

Short 3 MNQ  14745.25, 14745.25, 14745.25, +38.25, +38.25, +38.25,

 

Total MNQ +281.75

Total M2K +7.8

Thurs Mar 24 Trade Signal Summary

20220324

 

Short 3 MNQ 14549.75, 14549.75, 14549.75,  +55.25, +55.25, +55.25, 

 

Total MNQ +165.75

Wed Mar 23 Trade Signal and Journal

20220323

 

Short 3 MNQ 14537.75, 14537.75, 14537.75,  -1.5, -1.5, -1.5, 

Short 3 MNQ 14550.0, 14550.0, 14550.0,  -5.25, -5.25, -5.25,

Short 3 MNQ  14561.25, 14561.25, 14561.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 14573.5, 14573.5, 14573.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 14586.50, 14586.50, 14586.50, -5.25, -5.25, -5.25, 

Short 3 MNQ 14601.5, 14601.5, 14601.5,  +46.75, +46.75, +46.75, 

PM Trades: 

Long 3 MNQ 14474.5, 14474.5, 14474.5, +39.75, +39.75, +39.75, 

 

Total MNQ +192.0

 

I prefer not to return to trading in the PM, as the 1st Frame volatility tends to flesh out into Serial Sequent Fractal Algorithm signals much more clearly.    But not so the past two days, and in fact, quite a few days in recent months.   The idea would not to dig too much into a deficit as the 1st Frame comes to an end, so as to have a bit of room left in afternoon trading opportunities.     

And in a way that always astounds me, the way the Rule of Alternation plays itself out even in something like volatility and clarity between frames.   If the action is like liquid mercury in the morning, later in the day, climaxes will tend to be more decisive, and so my preferred entry technique of contra-climax stop-loss order entries get cleaner fills, and show profits quickly and cleanly as the market pulls back in.   

You can see much of this in action in a recent video, sponsored by Ninjatrader, or from a link on my website, ValhallaFutures.com:   Webinar 1

Tues Mar 22 2022 Trade Signal Summary

20220322

 

Short 3 MNQ  14543.25, 14543.25, 14543.25,  -5.25, -5.25, -5.25, 

Short 3 MNQ   14544.75, 14544.75, 14544.75, -5.25, -5.25, -5.25, 

Short 3 MNQ   14577.0, 14577.0, 14577.0,  -5.25, -5.25, -5.25, 

Short 3 MNQ   14586.5, 14586.5, 14586.5,  -5.25, -5.25, -5.25, 

Short 3 MNQ 14606.0, 14606.0, 14606.0,  -5.25, -5.25, -5.25, 

Short 6 MNQ 14614.0, 14614.0, 14614.0, 14614.0, 14614.0, 14614.0,   -2.75, -2.75, -2.75, -2.75, -2.75, -2.75,

Short 3 MNQ 14631.0, 14631.0, 14631.0, -2.5, -2.5, -2.5, 

Short 3 MNQ 14665.0, 14665.0, 14665.0,   -5.25, -5.25, -5.25,

Short 3  MNQ 14667.5, 14667.5, 14667.5,  -5.25, -5.25, -5.25,

Short 3 MNQ 14672.25, 14667.5, 14667.5,  -5.25, -5.25, -5.25,

PM Trades:

Short 3 MES 4512.5, 4512.5, 4512.5,  +13.0, +13.0, +13.0,

Short 3 MNQ 14685.5, 14685.5, 14685.5,  +55.25, +55.25, +55.25, 

 

Total MES +39.0

Total MNQ +15.75

Mon Mar 21 2022 Trade Signal Summary

20220321

Short 3 MNQ 14421.25, 14421.25, 14421.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 14437.0, 14437.0, 14437.0, -5.25, -5.25, -5.25, 

Short 3 MNQ 14455.5, 14455.5, 14455.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 14458.75, 14458.75, 14458.75, +55.25, +55.25, +55.25, 

Short 3 MNQ 14317.75, 14317.75, 14317.75, -2.25, -2.25, -2.25,

 

Total MNQ +111.75

 

Fri Mar 18 2022 Trade Signal Summary

20220318

Short 3 MNQ 14087.75, 14087.75, 14087.75, -5.25, -5.25, -5.25, 

Short 3 MNQ 14121.5,  14121.5, 14121.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 14199.25, 14199.25, 14199.25, -5.25, -5.25, -5.25,

Short 3 MNQ 14211.5, 14211.5, 14211.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 14238.75, 14238.75, 14238.75, +55.25, +55.25, +55.25, 

Long 3 MNQ  14175.5,14175.5,14175.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 14152.25, 14152.25, 14152.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 14146.5, 14146.5, 14146.5,+20.0, +20.0, +20.0, 

 

Total MNQ +131.25

Thur Mar 17 2022 Trade Signal Summary

20220317

Short 3 MNQ 13949.25, 13949.25, 13949.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 13960.0, 13960.0, 13960.0, -5.25, -5.25, -5.25, 

Short 3 MNQ 13974.5, 13974.5, 13974.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 13979.75, 13979.75, 13979.75, -5.25, -5.25, -5.25, 

Short 3 MNQ 14002.5, 14002.5, 14002.5, -2.25, -2.25, -2.25, 

Short 3 MNQ 14005.75, 14005.75, 14005.75, +55.25, +55.25,+55.25,

Long 3 MNQ 13932.5,  13932.5, 13932.5, +27.5, +27.5, +27.5, 

 

Total MNQ +178.76

Wed Mar 16 2022 Trade Signal Summary

20220316

Short 3 MNQ 13722.5, 13722.5, 13722.5, -5.25, -5.25, -5.25, 

Short 3 MNQ  13741.75, 13741.75, 13741.75,+23.25, +23.25, +23.25, 

Long 3 MNQ  13794.25, 13794.25, 13794.25, +55.25, +55.25, +55.25, 

 

Total MNQ +219.75

Tues Mar 15 2022 Trade Signals and Journal

 20220315

 

Long 3 MNQ 13135.5, 13135.5, 13135.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 13095.75,13095.75, 13095.75, -5.25, -5.25, -5.25, 

Long 3 MNQ 13093.5, 13093.5, 13093.5, -1.75, -1.75, -1.75, 

Short 3 MNQ 13160.5, 13160.5, 13160.5, -5.25, -5.25, -5.25, 

Short 3 MNQ 13159.25, 13159.25, 13159.25, -5.25, -5.25, -5.25,

Short 3 MNQ 13180.0, 13180.0, 13180.0, -5.25, -5.25, -5.25, 

Short 3 MNQ 13189.75, 13189.75, 13189.75, -5.25, -5.25, -5.25, 

Short 3 MNQ 13193.25, 13193.25, 13193.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 13239.25, 13239.25, 13239.25, -5.25, -5.25, -5.25, 

PM Trades:

Long  3 MNQ 13294.5, 13294.5, 13294.5, +55.25, +55.25, +55.25, 

Long 3 MNQ 13289.75,  13289.75, 13289.75, +37.5, +37.5, +37.5, 

 

Total MNQ +147.25 

If the 1st Trend of the day tends to be false, then the 2nd Trend direction is more likely to be the true trend.   "The 2nd Trend is where the surprises hide."   Perhaps this, more than any other, is the most valuable lesson for 1st trend trades from the book Pivots, Patterns and Intraday Swing Trades, (available online).   Or in the more folksy terms my mentor from the New Orleans Cotton Exchange use to say, "When it goes down fast, it seldom lasts."  --Randolf Newman

 

So what happens to the trader when, reaching that 1st trend bear collapse buy-signal, he misses the entry, or in my case today, tightens his stop too much, and like Moses striking the rock an extra time in loss of faith, gets bumped from this important 1st trend direction fade just before the collapse reverses, and launches into the anticipated 2nd trend  advance?   He is left a bit miffed, frustrated, and even angry, and can be led into fading the more likely true 2nd trend into a further--and even more extensive--set of losses.   Thus was the unfortunate beginning to my trading this day, upon a Test-and-Reject day model outcome.     

 

But all is not lost on such days, whether on a Persistent Trend, or a Test-n-Reject that becomes persistent in behavior.    Because at some time in the Midday or Last Hour Frame, a phenom we call "Last Chance Texaco" often appears.   And both my afternoon trades, although they might have looked like proverbial 'piano drops' to the less familiar, were, in fact, based on this afternoon model pattern.   And today, did produce two very clean entries that I took without even a moment's threat to a tight initial stop.   

 

Read about this, and the general concept of Day Models in the book, Pivots, Patterns and Intraday Swing Trades, from Wiley Publishing, online.

Mon Mar 14 2022 Trade Signals and Journal

20220314

 

Long 3 MES  4188.75, 4188.75, 4188.75, -2.25, -2.25, -2.25, 

Short 3 MYM  33089, 33089, 33089, +53, +53, +53, 

 

Total MES -6.75

Total MYM +159

 

Sometimes, it is evident when your level of concentration and effort is at least equal to or greater than the opposition the market itself brings to bear against a day's trading success.   In fact, today, the plethora of decent 1st frame trade entry opportunities only served to highlight my mental vacation more clearly.    Thus, I simply stepped aside, and when to an early coffee..    Some market days are better for trading than others...   some days a trader performs better than on other days.   

Fri Mar 11 2022 Trade Signals and Journal

20220311

Short 3 MNQ 13636.75, 13636.75, 13636.75, -5.25, -5.25, -5.25, 

Long 3 MNQ  13573.25, 13573.25, 13573.25, +9.5, +9.5, +9.5, 

Long 3 MNQ 13529.25, 13529.25, 13529.25, +26.75, +26.75, +26.75, 

Long 3 MNQ 13517.75, 13517.75, 13517.75, +38.5, +38.5, +38.5, 

 

Total MNQ +190.5

 

Great fills when fading extremes often depend of sharp reversals 'sticking', and not ratcheting into a final climax.  But unless you have two items, it can be nearly impossible to take advantage of these volatility spikes.    First, you must be willing to buy in a falling market using a type of order, called a Buy-Stop, (Sell-Stop orders for shorting bull climax spikes).  And second, it can make this kind of order placement much easier with a tool like the 1ClickChartDOM.  You don't have time for drop-down menu's and adjustments of residing orders.   One click, immediate response.    Check out this tool and how it is used in a recent webinar, sponsored by NinjaTrader, here:   ValhallaFutures-Ninjatrader

 

Thur Mar 10 2022 Trade Signal Summary

202203010

 

Short 3 MYM 33121, 33121, 33121, -11, -11, -11, 

Short 3 MYM 33144, 33144, 33144, +68, +68, +68, 

Short 3 MNQ 13598.0, 13598.0, 13598.0, -5.25, -5.25, -5.25, 

Short 3 MNQ 13595.25, 13595.25, 13595.25, -1.75, -1.75, -1.75,

Short 3 MNQ 13607.5, 13607.5, 13607.5, +55.25, +55.25, +55.25, 

 

Total MYM  +171

Total MNQ +144.75

Wed Mar 9 2022 Trade Signal Summary

20220309

 

Short 3 M2K 2008.4, 2008.4, 2008.4,+6.3, +6.3, +6.3, 

Short 3 MYM  33255, 33255, 33255,-2, -2, -2

Short 3 MYM 33259, 33259, 33259, +63, +63, +63, 

Long 3 MYM  33105, 33105, 33105, +42, +42, +42, 

Short 6 MES 4261.75, 4261.75, 4261.75, 4261.5, 4261.5, 4261.5,+6.0, +6.0, +6.0, +4.75, +4.75, +4.75, 

 

Total MYM +309

Total MES +30.25

Total M2K +18.9

Tues Mar 8 2022 Trade Signal Summary

20220308

 

Long 3 MES 4173.25, 4173.25, 4173.25, -2.25, -2.25, -2.25, 

Long 3 MES 4171.5, 4171.5, 4171.5, -2.25, -2.25, -2.25, 

Long 3 MNQ 13209.75, 13209.75, 13209.75, -5.25, -5.25, -5.25, 

Short 3 MNQ  13216.5, 13216.5, 13216.5, -1.75, -1.75, -1.75, 

Short 3 MNQ  13224.5, 13224.5, 13224.5,+55.25, +55.25, +55.25, 

 

Total MES -13.5

Total MNQ +144.75

 

Mon Mar 7 2022 Trade Signals and Journal

20220307

Long 3 MES 4288.25, 4288.25, 4288.25, -2.25, -2.25, -2.25,

Long 3 MES 4287.0,  4287.0, 4287.0, -2.25, -2.25, -2.25, 

Long 3 MNQ 13690.0, 13690.0, 13690.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 13674.75, 13674.75, 13674.75, -5.25, -5.25, -5.25, 

Long 3 MNQ 13665.5, 13665.5, 13665.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 13660.25, 13660.25, 13660.25, -5.25, -5.25, -5.25, 

Long 3 MES 4267.0, 4267.0, 4267.0, -2.25, -2.25, -2.25, 

Long 3 MES 4266.25, 4266.25, 4266.25, -2.25, -2.25, -2.25, 

Long 3 MNQ 13587.0, 13587.0, 13587.0, -5.25, -5.25, -5.25, 

Long 3 MNQ 13589.25, 13589.25, 13589.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 13579.75, 13579.75, 13579.75,+20.5, +20.5, +20.5, 

Long 3 MNQ 13580.0,  13580.0, 13580.0,  +10.0, +10.0, +10.0, 

Long 3 MNQ 13563.75, 13563.75, 13563.75,  -0.25, -0.25, -0.25, 

Long 3 MNQ 13567.0, 13567.0, 13567.0, -0.25, -0.25, -0.25, 

Short 3 MNQ 13640..25, 13640..25, 13640..25,  +55.25, +55.25, +55.25, 

 

Total MES -27.0

Total MNQ +161.25

 

For the third time in as many days, prices opened with an Opening Range Breakout pattern, another ORB Pennant, this one coming in the Nasdaq index contracts.   However, I missed it.   And with the whipsaw volatility, I would have been stopped out of it after its initial breakdown anyway.   ...and after that, looking for a first trade, I faded the plunge until I was down nearly 100 Micro contract 100 points in a succession of failed reversals.   

 

It wasn't until after prices finally made their 1st Frame low and rallied back to a 1st Chance Texaco at the 'Curb' (one of our Moving Averages) was I able to identify an in-trend short opportunity.    So glad to have flipped my losses into profits, of course, I exited too early.   

 

Trading is not easy.... even when your entry concepts remain valid throughout a plethora of market conditions.   ...you still have to survive a compromise stop-loss risk, and the disappointments of signals whose profits do not meet desired excursion.     

 

Trade with a Trade Plan.   Retain your discipline.   Don't trade outside it.    Your odds will thus improve. 

 

Fri Mar 4 2022 Trade Signal Summary

20220304

Long 3 MES 4304.0, 4304.0, 4304.0, -2.25, -2.25, -2.25, 

Long 3 M2K 2208.5, 2208.5, 2208.5,  -1.5, -1.5, -1.5, 

Long 3 MES 4298.0,  4298.0, 4298.0, +11.0, +11.0, +11.0, 

Short 3 MES 4320.25, 4320.25, 4320.25, -2.25, -2.25, -2.25, 

Short 3 MES 4324.25, 4324.25, 4324.25, -2.25, -2.25, -2.25, 

Short 3 MES 4325.25, 4325.25, 4325.25, +7.0, +7.0, +7.0, 

Long 3 MES 4289.5, 4289.5, 4289.5,  +12.0, +12.0, +12.0, 

 

Total MES +71.25

Total M2K -4.5

 

Thurs Mar 3 2022 Trade Signals and Journal

20220303

 

Short 3 MES 4404.75, 4404.75, 4404.75,+5.0, +5.0, +5.0, 

Short 3 MNQ 14284.25, 14284.25, 14284.25,  +46.25, +46.25, +46.25, 

 

Total MES +15.0

Total MNQ +138.75

 

Following on the heels of a 3 Bar at the ORB breakout model for the Nasdaq the other day, comes this ORB Pennant play for the S&P today.   And this one had the unusual characteristic of being a 4th Inside Bar pattern.    You can read about our Opening Range Breakout plays in the book Pivots, Patterns and Intraday Swing Trades, available online.

 

It's not the usual thing for me lately to take the first two trades without a stop-out or two in the 1st Frame, but today was just one of those days.    ...and so "I like my profits better" became the whisper thought as the 1st Frame came to a close after a few other trade signals became evident.   

Wed Mar 2 2022 Trade Signal Summary

20220302

Short 3 MNQ 14055.0, 14055.0, 14055.0, -5.25, -5.25, -5.25, 

Short 3 MNQ 14063.75, 14063.75, 14063.75, -5.25, -5.25, -5.25, 

Short 3 MNQ 14067.25, 14067.25, 14067.25, -5.25, -5.25, -5.25, 

Short 3 MNQ 14115.50, 14115.50, 14115.50, -5.25, -5.25, -5.25, 

Short 3 M2K 2036.3, 2036.3, 2036.3, -1.5, -1.5, -1.5, 

Short 3 M2K  2039.1, 2039.1, 2039.1, -1.5, -1.5, -1.5,

Short 3 MNQ 14126.25, 14126.25, 14126.25, +55.25, +55.25, +55.25,

Long 3 MNQ 14055.5, 14055.5, 14055.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 14032.75, 14032.75, 14032.75, -5.25, -5.25, -5.25, 

Long 3 MNQ 14009.75, 14009.75, 14009.75, -5.25, -5.25, -5.25, 

Long 3 MNQ 13989.25, 13989.25, 13989.25, -5.25, -5.25, -5.25, 

Long 3 MNQ 13980.5, 13980.5, 13980.5, -5.25, -5.25, -5.25, 

Long 3 MNQ 13974.75, 13974.75, 13974.75, -5.25, -5.25, -5.25, 

Long 3 MNQ 13973.5, 13973.5, 13973.5, +22.5, +22.5, +22.5, 

Short 3 MES  4354.25, 4354.25, 4354.25, -2.25, -2.25, -2.25, 

Short 3 MES  4357.25, 4357.25, 4357.25, +8.25, +8.25, +8.25, 

Total MES +18.0

Total MNQ +69.75

Total M2K  -9.0

 

Tues Mar 1 2022 Trade Signals and Journal

20220301

 

Long 3 MNQ 14186.0, 14186.0, 14186.0, +22.75, +22.75, +22.75, 

Long 3 MES 4358.25, 4358.25, 4358.25,  -2.5, -2.5, -2.5, 

Long 3 MNQ  14180.5, 14180.5, 14180.5, -5.25, -5.25, -5.25, 

Long 3 MNQ  14172.75, 14172.75, 14172.75, +55.25, +55.25, +55.25, 

 

Total MES -8.5

Total MNQ  +218.25

 

ValhallaFutures follows 3 Opening Range breakout trades, that have not appeared as often during these high volatility days than did before.   Perhaps because each consists of a specific kind of pause pattern that occurs within or near the ORB, that they fail to complete their respective trigger formations in an environment way too impatient to start immediately into early 1st Frame trends that prevent us from identifying trade entry requirements.

 

But today, in the MNQ, the 3-Bar at the ORB Aberration formed within its precise requirements, and broke out cleanly in the intended direction.   (...nevermind that I dumped this profitable opening position too early, satisfied with an exit as it closed the Gap.  

 

Those ORB breakout patterns can be studied in the book Pivots, Patterns and Intraday Swing Trades, available online.