Many of the best patterns and pace came in the Europe session in terms of breaking Monday's logjam to the north, with several tradable pullbacks along the way. I found the U.S. gap up a bit tougher to trade, and as a result, about 1/2 of the day's +$12K chip gain has come from the DAX and FESX.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTWMwxEOLSSQxCgBe3_5RrLO8Wt_RPhL9AVNCfYelP3RtPD9mlw8pX3nGvf7Z0wfofTj_UiPMmdVo55UUB3sKpz1EBZVR7zpCfEotH-R9J8uPNhvL5EhQo7k6KVHGzlkLXe6zFCyFaTftA/s400/TuesEurope.gif)
I've posted the 3am-6am (U.S. Eastern Time) DAX chart, which I suppose could be entitled "Anatomy of a U.S. Gap", or "While You Were Sleeping. Fortunately, we trade in a 24 by 5 global marketplace where there's no such thing as a "gap up or down". At this end, I was up around 4:30am and traded the patterns OK, although I left more on the table than I would have liked.
2:04pm VIX trying to cross up on the 15-min, and we're also stretched on the 60-min chart, so anything goes heading into the afternoon and there's the possibility this respite was short-lived, but time will tell.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgrFeXLDV1qgc2PrPMlqtJiAC3v4qlJqGXaupzy1Y18q92yx62T6Sg6rHCb0ilGhb4kCKEP1L_ZV-TA1_u9WgQZP8Sfhu5saBhtE2nCx-zxG2-m8NZAPu0JoibGhP9J2xdUlMkiSjc5G9CU/s400/TuesVIX.gif)
Approaching my witching hour in terms of less-than-stellar results (much like my late night poker performance), so going into major gain preservation mode for the rest of the day.
2:29pm 992ish holding as interim support ... scalped a few longs off that. Got some "ping-pong" trade patterns here as short-term trends (1 & 5) are down and long-term trends (30 & 60) are up, so anything other than scalps questionable. Chip count now over $15K, and given the trend conflicts, that may be it for me.
3:00pm Calling it a day. I don't care to flip a coin heading into the last hour. Any run should set up the morning trade.
3:00pm Calling it a day. I don't care to flip a coin heading into the last hour. Any run should set up the morning trade.
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