Recent content by Baroo

During a week of outside distractions (work, family, computer malfunctions) I turned off chart lines and put chat in the background (for a day or two) while I observed price on a 5minute chart. It was easier to see sensitive levels in price develop and the reaction to these points along the...

Chart for the day

Notes in Hindsight Premarket: YH (Yesterday High): 3633 After the close of yesterday, price drifted lower Near midnight price made a LL Double Top around 3am, attempt to move above LL of 3615 2 more LL and LH before 8am Best short entry on a move below 3609 at 3am Trading Market (before 12pm)...

Thank you Db and boru. Looking forward to reaping the benefits. This reminds me of my first trip at the end of the high dive. The whole swimming class watching for my jump. I stepped off the board, my head narrowly missing the end of the board on my way down. I plunged safely into the water...

The purpose of this journal is to 'find my glasses', so to speak, and learn to read price action. I have observed long enough to find that a 1 minute chart affords more practice but also more mistakes. Ultimately I will use an hourly and 5 minute chart. My understanding of using the SLA...