- 3pt Gap Down into Strength with Exhaustion Selling on the Pre-Open Lows = Tight Range Flag Breakout

Today we had a - 3pt gap down in Strength with exhaustion selling on the pre- open lows sends priced higher after trading in a tight range flag prior to crossing the creek from the 15 minute EOT and the 13500 Tick as well as the 4500 Tick Resistance. the flag was built during the 1st and 2nd Ti peaking at the 8:30 bar with still more to go.
Recap Notes: 

Trade Selection - Good Trading, Good Entry, Good Exits. (Trade Of the Day) 

Sequence 1 This was 15 single cycle NT that was an early flag entry, i could have held this for a max gain had i waited past the Time Intervals, However i had no regrets taking a bit out into a small rally. The kicker was that price gave multiple opportunities to reenter in preparation for the flag break.

Sequence 2 I entered this trade on C500 single cycle after missing an obvious rally with blocks behind then. So when this one appeared with block in trend i jumped it and was able to take a solid gain in a reasonable amount of time. 

ADJUSTMENTS & OBSERVATIONS:

Stay Focused - Jump on solid Block bars at cycle turns, Today i missed a few very good entries that had block bars on synchronized cycles, minor distractions caused a half heated effort to enter and i wound up NOT getting anything on.

Trust Your Signals on the higher Time Frames - Block bars on the higher TF's that hold are Specialist positions and must be trusted. Today i trusted what i saw in the background of the 40500, and 13500 tick charts. price testing these areas and held, we eventually got a good 5+pt rally from the lows.