YM (Mini-Sized Dow) Trades - 09-11-2009

Trade 1: +11, +21 (1st Retrace: Following MKP Down. Entry at MAs above Mid Keltner)
Trade 2: +13, -09 (2nd Retrace: EDRP, Fib Confluence 38% AH to NL2 w/ 50% AH1 to NL2)
TOTALS: +36 / +$180

YM (Mini-Sized Dow) Trades - 09-10-2009

Trade 1: +19, +29 (1st Retrace w/ NH. Pullback btwn 24% and 38% Fibs at logical Support where MRAH was penetrated)
Trade 2: +08, -07 (3rd Retrace. EURP)
Trade 3: +19, +21 (4th Retrace. Pullback to MAs at logical Support 1351 ERVB Volume Spike)
TOTALS: +89 / +$445

YM (Mini-Sized Dow) Trades - 09-09-2009

Trade 1: +26, +36 (50% Fibs Entire Day of 9/8 in Confluence w/ MAs)

Trade 2: +13, +21 (38% Fibs LOW to NH of 9/9, Price Action confirmed Support at 1000-1003ET)

Trade 3: +08, -04 (CT Trade - Double 3 Min Bar High w/ Lower Low Lower Close following a 7 bar EURP into area of Resistance Re-Testing 30 Min MRAH)

Trade 4: -11, -23 (EDRP following MKP (Change in Trend to DOWN), Entry at High of 1421ET BEVB Volume Spike just below R1 Pivot between 24% and 38% Fibs (Mid to Upper Keltner)

TOTALS: +66 / +$330

LESSONS LEARNED:

- Follow the Rules! (Trade 3) Trade in the Direction of the Trend, Counter-Trend Trades ONLY on a Re-Test of a NH or NL. CREATE A CT TRADE CHECKLIST.

- SOMETHING TO CONSIDER: Look at Longer Time Frame (9 Min Chart) Trend to determine whether or not to take Normal Entries on an EURP and EDRP. For example, If 9 Min Chart Trend is UP, trade a 3 Min EURP as normal and disregard a 3 Min EDRP (Expect to Enter SHORT on a Larger Retracement following a 3 Min EDRP since Longer Time Frame (9 Min) is UP = Momentum favors Buying).

YM (Mini-Sized Dow) Trades - 09-08-2009

Trade 1: +16, +11 (1st DN, 38% Fibs HIGH to SL following EDRP)
Trade 2: +14, +22 (1st UP, 38% Fibs LOW to New PH, Confluence w/ Daily Pivot)
TOTALS: +63 / +$315

LESSONS LEARNED:
- "Exhibit A" Trade (1st UP or 1st DN), stick to your P.O. rules (extended P.O.s) and focus on Price Action when in the Trade for a potential Reversal Price Pattern for signal to Exit P.O.#2 before the Market reaches Initial P.O.#2 Target.

YM (Mini-Sized Dow) Trades - 09-04-2009

Trade 1: +29, +39 (2nd Retrace, Up Trend confirmed once HIGH pentrated, Entry at 50% Fibs LOW to NH)
Trade 2: +10, +15 (3rd, Retrace, EURP, Entry just above 23.6% Fibs of Entire Day based on Low of VB Volume Spike at 1212ET)
TOTALS: +93 / +$465

LESSONS LEARNED:
- Follow the Trading Methodology... Today was "Textbook" - days like today is what makes this worth it!

YM (Mini-Sized Dow) Trades - 09-03-2009

Trade 1: -09, -09 (Low taken out on High Volume, Entry at Confluence of 50% Fibs w/ Daily Pivot)
Trade 2: +12, +19 (Pullback to Daily Pivot @ 50% Fibs Entire Day, Aggressive LONG due penetration of 62% Fibs of Day on High Volume ERVB)
Trade 3: -06, -06 (First Pullback ot MAs following MKP, Entry at 24% Fibs LL to PH - Moved STOP up too soon before Trading Plan dictated... Follow the Rules!)
Trade 4: -11, -11 (Fib Confluence 24% LL to PH w/ 50% AL to NH)
TOTALS: -21 / -$105

LESSONS LEARNED:
- Follow the Trading Plan w/ regard to moving ISL once a PH or PL is established (move stop only when all criteria met for a PH or PL)... Trade 3 would have been profitable.

YM (Mini-Sized Dow) Trades - 09-02-2009

Trade 1: -17, -17 (62% Fibs Entire Day Mid to Upper Keltner)
Trade 2: -13, +17 (1st Retracement (UP Trend), Confluence w/ Prior Day Close and Lower MA between 24% and 38% Fibs Mid to Lower Keltner)
Trade 3: -10, -10 (1st Retracement (Up Trend), Exhibit A, First Pullback to MAs following MKP, Entry on penetration of High of IVB)
Trade 4: +18, +27 (1st Retracement, 50% Fibs of Entire Day testing PL (Minimal Risk w/ ISL just below PL))
Trade 5: +09, +13 (50% Fibs of Entire Day testing PL again in Sideways Range since 1100AM ET (Minimal Risk w/ ISL just below PL))
TOTALS: +17 / +$85

LESSONS LEARNED:
- Know what retracement it is in the Overall Trend! Remember, 3rd, 4th, or 5th retracement is not high probability. Count the number of Retracements from the beginning of the change in Trend (Continue the Trend from the day(s) prior). A Trend typically consists of 3 to 5 rotations then changes.

YM (Mini-Sized Dow) Trades - 09-01-2009

Trade 1: +25, -13 (50% Fibs of Initial Swing, Confluence w/ Prior Day Close and High)
Trade 2: +25, +35 (1st Retracement: EDRP, Entry Mid to Upper Keltner at High of ERVB Volume Spike 1309ET)
TOTALS: +73 / +$365

YM (Mini-Sized Dow) Trades - 08-31-2009

Trade 1: +14, +27 (1st Pullback to Daily S1, Mid to Upper Keltner, Resistance at 9468 High of 0951 ERVB on High Volume)
Trade 2: -08, -08 (1st Pullback to MAs and Mid to Lower Keltner following MKP vicinity 50% Fibs of Entire Day)
TOTALS: +25 / +$125

YM (Mini-Sized Dow) Trades - 08-28-2009

Trade 1: +13, -09 (Aggressive LONG due Time of Day, Pullback Mid to Lower Keltner at 79% Fibs 8/27 MRAL to 8/28 HIGH)
Trade 2: +30, +40 (Pullback to MAs following MKP - 1st Retracement Up Trend)
Trade 3: -22, -22 (EDRP, Fib Confluence w/ 38% Fibs AH to NL and 24% Fibs Entire Day)
Trade 4: +17, +12 (38% Fibs Entire Day, P.O.2 just missed, used Mid Keltner as TS for P.O.2)
TOTALS: +59 / +$295

YM (Mini-Sized Dow) Trades - 08-27-2009

Trade 1: +09, +09 (First Pullback to Mid to Upper Keltner, Confluence w/ S1 and Prior Day Low (Resistance confirmed by High of ERVB Volume Spike at 1003ET)
Trade 2: -22, -22 (50% Fibs Entire Day at the MAs)
Trade 3: +16, +26 (EURP following MKP, Entry at Mid to Lower Keltner (Market Trend changed to Up))
Trade 4: -11, -11 (EURP, Enter Mid to Lower Keltner, Confluence w/ R1 and Prior Day High)
TOTALS: -06 / -$30

YM (Mini-Sized Dow) Trades - 08-26-2009

Trade 1: -17, -30 (Pullback to MAs w/ Expectation of Continuation of DownTrend from Prior Day)
Trade 2: -07, -07 (Pullback to MAs at Mid to Lower Keltner, following MKP (Up Trend))
Trade 3: -04, -04 (50% Fibs Entire Day - Exited LONG Trade next bar Open as Trend changed to DOWN)
Trade 4: +25, +17 (Pullback to MAs at Mid to Upper Keltner, following MKP (Down Trend))
Trade 5: +17, +06 (Pullback to MAs at Mid to Lower Keltner, following MKP (Up Trend))
TOTALS: -04 / -$20

LESSONS LEARNED:
- The Trend is Down, no, the Trend is Up, no, the Trend is Down, no, the Trend is Up, no, the Trend is Down. Fickle market today! Risk Management is the key!!!

YM (Mini-Sized Dow) Trades - 08-25-2009

Trade 1: +31, +35 (1st Retracement - 50% Fibs 8/24 LL to 8/25 HIGH)
Trade 2: -30, -30 (50% Fibs of Entire Day at Center of MAs)
Trade 3: +16, +24 (1st Retracement to MAs following MKP, Confluence w/ R1 Pivot)
Trade 4: +12, +19 (2nd Retracement, Enter Mid to Upper Keltner at 200SMA with Expectation of 1439ET ERVB High to Hold as Resistance)
TOTALS: +77 / +$385

YM (Mini-Sized Dow) Trades - 08-24-2009

Trade 1: +13, +23 (1st Pullback to Mid to Lower Keltner of the Day, Entry based on Low of ERVB Volume Spike at 1012ET)
Trade 2: -10, -10 (Pullback to AL - ISL 1/2 ATR Below AL)
Trade 3: +09, -07 (Pullback to PL at R1 Pivot, Confluence with MA)
Trade 4: +24, +34 (1st Retracement after MKP, Entry 3 ticks below High of ERVB w/ Volume Spike at 1312ET)
Trade 5: +10, +15 (2nd Retracement, EDRP, Entry at Mid to Upper Keltner)
TOTALS: +101 / +$505

YM (Mini-Sized Dow) Trades - 08-21-2009

Trade 1: +16, +04 (1st Pullback to Mid to Lower Keltner - Heavy Volume on prior Swing indicated Support from 9457 to 9463, Entry at 9463 near Mid Keltner)
Trade 2: +24, +34 (1st Pullback to MAs Confluence w/ 23.6% Fibs of the Entire Day w/ ISL 1/2 ATR below PL (established at 1057ET) - Minimal Risk) (Longer P.O.s based on First Pullback to MAs)
TOTALS: +78 / +$390

LESSONS LEARNED:

- Continue to pay close attention to Heavy Volume on ERVBs. It appears to be working the majority of the time... if it doesn't your STOP is close.

- First Pullback to MAs typically produces a larger move a high percentage of the time.

YM (Mini-Sized Dow) Trades - 08-20-2009

Trade 1: +18, +31 (50% Fibs 8/19 MRAL to 8/20 HIGH and Confluence with 8/19 Close Mid to Lower Keltner)

Trade 2: +08, +14 (38% Fibs Entire Day)

Trade 3: +11, +21 (First Pullback to MAs)

TOTALS: +103 / +$515

LESSONS LEARNED:

- Continue to associate Supply/Demand (Resistance/Support) with Volume Spikes on ERVBs (the Low and/or High of the ERVB). Trade with the Institutions... the Institutions enter the Market at areas of Heavy Volume/Volume Spikes. The Market typically respects the Highs/Lows of ERVBs on Heavy Volume due to Institutional interest (place your stops 1/2 ATR below/above these prices).

YM (Mini-Sized Dow) Trades - 08-19-2009

Trade 1: +17, -16 (Pullback to MAs)
Trade 2: +09, +15 (Compression Pattern at the MAs - Breakout Trade)
Trade 3: +13, +25 (Strong Up Trend, 1 Min Chart between 50% to 62% Fibs Mid to Lower Keltner)
Trade 4: +08, -09 (EURP - Enter Mid to Lower Keltner)
Trade 5: -11, -11 (Entry at Daily R2 (Support of Consolidation from 1230 to 1251ET))
TOTALS: +40 / +$200

LESSONS LEARNED:
- A Breakout from a compression pattern... let it run! Place ISL just below (1/2 ATR) old Resistance (old Resistance becomes new Support).
- The Trend was UP at the beginning of the day... confirmed UP once the initial swing HIGH was taken out by the NH... which set up for a LONG Entry at Mid to Lower Keltner approx 1100ET although the Mid Keltner was below the MAs.

YM (Mini-Sized Dow) Trades - 08-18-2009

Trade 1: +24, +38 (50% Fibs 8/17 end of day MRL to 8/18 HIGH (8/17 HH taken out) at the MAs)
Trade 2: +14, +25 (Fib Confluence 50% Entire Day w/ 38% 8/17 MRL to 8/18 HIGH at Mid to Lower Keltner)
Trade 3: +09, +09 (EURP - Enter Mid to Lower Keltner)
Trade 4: +08, +13 (CT Trade - Volume indicating possible shift in Demand to Supply, Enter at 50% Fibs AL4 to NH Mid to Upper Keltner)
Trade 5: +07, -08 (CT Trade - Re-Test of NH / Weekly S1 w/ Volume looking more Bearish)
Trade 6: +08, +18 (CT Trade - Re-Test of Weekly S1)
TOTALS: +165 / +$825

LESSONS LEARNED:
- There appeared to be a shift in Demand to Supply indicating a possible market top mid day. The trend was too strong to sell off... the market continued to make new highs. If you identify a shift in Demand to Supply and the market continues to make a NH then the Price is not confirming (Volume sometimes precedes Price, however, you need to see both Price and Volume confirm the direction of the market... do not execute another CT trade if a NH/NL is made in the direction of the Trend... Continue to Trade in the direction of the Trend.

YM (Mini-Sized Dow) Trades - 08-17-2009

Trade 1: -21, -21 (1st Retracement - Enter at Fibs Mid to Upper Keltner)
Trade 2: +20, +24 (23.6% Fibs 8/14 end of day High to 8/17 LL, re-test of the High of the Day)
TOTALS: +02 / +$10

YM (Mini-Sized Dow) Trades - 08-14-2009

Trade 1: +24, +34 (1st Retracement - EDRP, Enter Mid to Upper, Strong Down Trend)
Trade 2: +18, -10 (Fib Confluence - 24% Entire Day w/ 62% AH to NL)
TOTALS: +66 / +$330

YM (Mini-Sized Dow) Trades - 08-13-2009

Trade 1: -13, -13 (Fib Confluence at Prior Day Close)
Trade 2: +20, +32 (Entry just above Support of Consolidation area (1045-1051ET))
Trade 3: -12, -12 (Exhibit A - 38% Fibs HH to NL Mid to Upper Keltner)
Trade 4: -11, -11 (50% Fibs of Entire Day)
TOTALS: -20 / -$100

YM (Mini-Sized Dow) Trades - 08-12-2009

Trade 1: +20, +30 (EURP - Enter at Support at Consolidation of Lows (1024 to 1042ET) Mid to Lower Keltner)
TOTALS: +50 / +$250

LESSONS LEARNED:
- Strong Up/Down Trend after the Opening Bell - Consider using 1 Min Chart to Buy/Sell on a Retracement.

YM (Mini-Sized Dow) Trades - 08-11-2009

Trade 1: +12, -07 (Strong Down Trend: 24% Fibs Mid to Upper Keltner)
Trade 2: +09, +18 (62% Fibs Entire Day)
Trade 3: +20, -08 (Exhibit A - 38% Fibs Mid to Lower Keltner)
TOTALS: +44 / +$220

08/11/09 Results with new Profit Objectives:
Trade 1: +12, -07 / Trade 2: +09, +18 / Trade 3: +20, +29 / Totals: +81 / +$405

YM (Mini-Sized Dow) Trades - 08-10-2009

Trade 1: +12, +19 (38% Fibs 8/7 HH to 8/10 LOW Confluence w/ 8/7 Close and 8/10 Daily Pivot)
Trade 2: +09, +11 (EDRP - Enter Mid to Upper Keltner)
Trade 3: +09, -11 (Pullback to MAs between 38% and 50% Fibs Entire Day)
TOTALS: +49 / +$245

LESSONS LEARNED:
- Extend Profit Objectives on 1st Retracement and 2nd Retracement
-- 1st Retracement
--- P.O.#1 = 1/2 ATR Below prior NH (LONG) / 1/2 ATR Above prior NL (SHORT)
--- P.O.#2 = 1/2 ATR Above prior NH (LONG) / 1/2 ATR Below prior NL (SHORT)
--2nd Retracement
--- P.O.#1 = 50% Entry to NH (LONG) / 50% Entry to NL (SHORT)
--- P.O.#2 = 1/2 ATR Below prior NH (LONG) / 1/2 ATR Above prior NL (SHORT)

08/10/09 Results with new Profit Objectives:
Trade 1: +40, +52 / Trade 2: +10, +15 / Trade 3: +09, -11 / Totals: +115 / +$575

YM (Mini-Sized Dow) Trades - 08-07-2009

Trade 1: +16, +30 (38% Fibs 8/6 LL to 8/7 HIGH)
Trade 2: +10, +14 (EURP - Entry at 24% Fibs Mid to Lower Keltner)
Trade 3: -30, -30 (First pullback to MAs)
TOTALS: +10 / +$50

YM (Mini-Sized Dow) Trades - 08-06-2009

Trade 1: -15, -15 (Pullback to MAs)
Trade 2: -16, -16 (38% Fibs Mid to Upper Keltner)
Trade 3: +10, +25 (50% Fibs High to Low)
Trade 4: +10, +12 (50% Fibs PH to PL w/ 38% Fibs entire day at Daily Pivot and MAs)
Trade 5: -11, -11 (EDRP - Entry Mid to Upper Keltner)
Trade 6: +11, +08 (Confluence 50% Fibs w/ Daily Pivot)
TOTALS: -08 / -$40

YM (Mini-Sized Dow) Trades - 08-05-2009

Trade 1: +11, +18 (38% Fibs w/ prior day Low at Upper Keltner)
Trade 2: +09, +14 (First Pullback to MAs after MKP)
Trade 3: -20, -20 (EURP - Entry at 38% Fibs AL to NH w/ 24% Fibs LL to NH, Mid to Lower Keltner)
TOTALS: +12 / +$60

YM (Mini-Sized Dow) Trades - 08-04-2009

Trade 1: +12, +16 (Fib Confluence 62% 8/4 AL to 8/4 NH and 50% 8/3 AL to 8/4 NH)
Trade 2: +10, +11 (Fib Confluence 50% AL2 to NH2 w/ 38% Entire Day)
Trade 3: -10, -10 (Fib Confluence 50% AL2 to NH3 w/ 24% Entire Day)
Trade 4: +08, +09 (38% Fibs NH3 to NL - at prior day close and near MAs)
Trade 5: +09, +11 (Pullback to MAs and 62% Fibs AH to NL2 w/ 50% Fibs HH to NL2)
TOTALS: +66 / +$330

YM (Mini-Sized Dow) Trades - 08-03-2009

Trade 1: -30, -30 (CT Setup - Double 3Min Bar High w/Lower Low Lower Close)
Trade 2: -12, -12 (Fib Confluence - 38% of Current Day w/ 24% 7/31 MRAL to 8/03 High at R2 Pivot)
Trade 3: +11, +22 (50% Fibs of the Entire Day)
Trade 4: +10, +15 (First Pullback to MAs)
TOTALS: -26 / -$130

LESSONS LEARNED:
- The ONLY time to consider a CT Trade is after 3 to 5 retracements in the trend, OR, NO CT TRADES!