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Covered news pop DAX short 5021.00 add at 4986.00 :) Still holding last 1/3'rd of DAX position. Still holding ES positions for next target at the 902.25 level.

Added 1/3'rd back to DAX at 5021.00 :)

Yes I do agree the style I use for entry/exit management is very different from what a conventional 1 to 10 lot trader should use. I have "built" a more precise method for scalping the ES and other indexes using the delta (in a static entry/exit style for the typical 1 to 10 lot trader), but I...

All in all, my bigger positions (ones that I get near or at full size) dwarf all these smaller trades in the context of my monthly returns. When I carry 50% of those positions beyond 20 or 30 point targets as I am scalling out, it tends to bias my overall risk to reward of better than 5 to 1...

....and Kwik!!! :eek: :D They should name their system "SquigglyLag" as ever successful trader knows price derived indicators alone are not the optimal play. :)

If the market is going to run up to the 924's again, I would rather just get out of the way with a break through the 914's (go defensive at that point) and then just look for entries at the 924 area to start from scratch. Also, I have many trades run well over 50 points from final held core...

Also, I know that 924-927 zone is a target area for the bulls so I can't put on bigger size yet knowing we are still over 10 points from that area......so I have to play it safe for now.

Dax be correct! :D BTW, trading the DAX is like baby sitting a small child which can never sit still!!! :D

Thanks.....only 2 kids though, that is enough for me....LOL! :D

Covered all 909.75 entries and 1/2 of 911.00 entries at 907.25.......holding the remainder of ES positions for new targets next at the 902.25 level (holding all 913.25/912.25 and 1/2 of 911.00 entries at this time). Another 1/3'rd of DAX 5021.00 short positions had targets filled at 4971.00...

Almost nil other than some very odd news release event. :)

Covered 1/3'rd of 5021.00 DAX entries at 4996.00 with next target for 1/3'rd at the 4971.00 level.

Covered all DAX 5016.00 short entries at 5006.00 while holding all 5021.00 entries.

There we go.....AH session traded up to exactly 914.00 to this point. Now as we work towards the US open, I will see if they can hold these new levels or we return to yesterdays closing price area prior to the US cash open. :)

Entered another ES 1/2 position at 913.25 with first target moved to 907.25 level. :) Added DAX short at 5021.00 level.

Just entered new DAX short position at 5016.00 :)

Last DAX was taken out at b/e on last rally....look to sell at higher levels latter.

Covered 1/3'rd DAX tonight at 4996.00 Also, filled another 1/2 ES position at 912.25.......first target moved from 905.75 to the 906.00 level.

Also, now holding a DAX SHORT position from 5006.00 :)

Knowing how to use CD and as you understand Auction Market Theory it will help to see some order within the markets. Holding a 1/2 position from 911.00 now in the AH session.....first targets for 1/2 of this position and 1/2 of my late in the day 909.75 adds now set at the 905.75 level (up...