Apologize for no blotter: NT dome is cleared already
+$3,800 on 18-lot ES contracts
Started out short in the premarket at 1448.50 = stop 51.50 around 6am est. Had to handle an issue with my mother, gone from then until around 10am est.
Sat down at the screens just in time to watch this trade that went +11pts in favor stop out for -3pts instead. That was fun... what timing on my part.
Quit trading until 1pm est, missed the entire midday slide, orderly fashion with abundant sell signals galore.
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Once FOMC minutes cleared, was down cumulative -5pts per contract. Cut trade size to halves, hit every deep pullback and subsequent breakout from congestion.
Two short trades in the plunge finally filled at my third signal each time... 4pts and 3pts lower than ideal respectively. Similar story for upside ramp. Breakouts were flying above key points with nil pullbacks, had to hit them at the next train station higher.
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In the end we finished with equivalent of +18pts ES from trough to peak. Last trade of the day was long exited 1440.25 for +6pts mere seconds before it launched +8pts higher from there. Sell signal 1447 @ 3:45pm was ignored, dropped to 1437. Buy signal 1441 @ 3:48pm was likewise ignored, sailed to 1447 at the close.
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Wild, insane volatility best described as tape violence is what we have to work with right now. Keys for me are:
tick(volume) charts instead of time-created bars
crowding stops or killing trades that don't work right away
crowding trailed profit stops into program-slam surges
take first deep pullback once chart signal(s) confirm change
take pause/pullbacks on breakouts past 1st pullback of turns
pick two or three potential entries each way on the scale
no bias either way... expect the unexpected every moment
Most Importantly: <b>trust your charts</b>
Hope This Helps