Friday Log - Scalps After Trend Day With Combo's

Began the day with pre-market longs after the employment eco report was announced and market settled down. Went long from 12's and 14's and looking to scalp 1-2 points on each sequence. Took all off at one level on each of the two trades: Result: +3.25

After the open, I was waiting to get a feel for the price action. Wanted to go long from 15-16's in anticipation of 1/2 gap but didn't get in as I waited with good patience. In hindsight I could have entered with stop just below the 15 open.

Forgot about the factory inventories report @ 1000 and was long just prior to the announcement in 18's, got lucky with stop not getting set as price action was quick. Scaled out in 20's and 21's. Result: +3.25

Tried short from 23's in anticipation of yesterday low not being taken out. Stop was 1 point and got stopped out. Result: -1.25

Failed to re-enter under next "natural" entry area of below yesterday close. But waited for pullback using combo theory, went long in 20's and scaled out in 21's and 22's. Result: +2.25

Used combo thinking on each trade. Looking at middles and key levels. Continues to amaze me how the combo's play out over and over again. EWS proves profitable again. So, since I had a good morning and it's a Friday after a strong trend day, I expect range and chop during remainder of session. For those reason's, I am starting the weekend early. Learning not to over trade and especially once profits are bagged. Have a good weekend.

Trade Well !