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    Another Straight Line Analysis Journal

    Friday 25th April 2014 NQ100 1 min chart review The best time to enter the market may have been in the premarket, especially since most of my analysis favoured a fall in price today. But thats for another time. 1. Opened down to 54 and turned, we then moved between the opening low and...
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    Another Straight Line Analysis Journal

    Friday 25th April 2014 NQ100 pre-market review By the end of yesterday we could not get anywhere near the highs of 618. In fact we stalled at yesterday's ON range mean of 594. In the early morning we left the mean of the current ON range, and then price headed downwards closer to the...
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    Another Straight Line Analysis Journal

    Thursday 24th April 2014 NQ100 1 min chart review That big earnings rise didn't last long. Back to yesterday's lows by 10am. Good clean retracement entries today from the open. 1. There is a short opportunity right at the open, and again when price retraces from 600 and falls again...
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    Another Straight Line Analysis Journal

    I understand. I'll check it out.
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    Another Straight Line Analysis Journal

    Thursday 24th April 2014 Pre-market Review Well we made it above 599 in a big earnings sling shot. Then into a range overnight before eventually breaking 600 in the morning. We are above 50% of the long term drop from 740, and have continued to move upwards over the last few days. In the...
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    Another Straight Line Analysis Journal

    Wedensday 23rdApril 2014 NQ100 1 min chart review Today we had a relatively calm day. There were good entries at the start of the day, a nice trend, and then a consolidation where none of us went mad looking for invisible trades. I still have a lot of stuff to read and analyse, but I feel...
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    Another Straight Line Analysis Journal

    Thanks for your input Db. I have learnt a lot from last weeks trading, and the discussions on the Ghost thread, and in the various journals. New doors in awareness are opening nearly everyday now.
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    Another Straight Line Analysis Journal

    We have an overnight range from 77 to 88, with a midpoint of 83. We made another attempt at 88 a few hours ago, failed and fell to the bottom of the range. In the morning we have and tried to escape the range and returned inside and we are heading for the mean again. If we break below the...
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    boru's price action journal

    Boru. On this day 1000 years ago, 23rd April 1014, one of the old Irish kings Brian Boru was killed after a battle with the Vikings. Hopefully you have better luck than him today.
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    Another Straight Line Analysis Journal

    Tuesday 22nd April 2014 NQ100 1 min chart review A few REV entries today and an SLA that I missed. Happy enough with it overall. Not looking to overtrade, and was aware of my levels from the prep. 1. Before the open we were testing the high of 562, but could not break out. On the...
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    Another Straight Line Analysis Journal

    Tuesday 22nd April 2014 pre-market review We have moved outside our current channel, and have to wait and see if this is a change in direction or a temporary overbought level. There is a previous daily swing high at 600, and we have returned to that area a lot in the past. But that would...
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    Another Straight Line Analysis Journal

    Monday 21st April 2014 NQ100 1 min chart review Today was a relatively slow day with less craziness at the open because there was no European trading due to the bank holiday. I felt that I was putting into practise, the things that I had learnt during the confusing times at the end of last...
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    Another Straight Line Analysis Journal

    Monday 21st April 2014 pre-market review We had a certain amount of confusion on Friday. The day moved around a mean, and made it difficult to pick a good trade. It was a good day for spotting holes in my abilities, and the discussions on the ghost thread have shown me that my prep work...
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    Another Straight Line Analysis Journal

    Thursday 17th April 2014 NQ100 1 min chart review I spent the day looking for one good SLA entry, and it was mostly a day for REV entries. There were plenty of turns at previous levels and at double tops, etc.. I kept and eye on those rejections today, and I can see that I have to be...
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    Another Straight Line Analysis Journal

    Thursday 17th April 2014 pre-market review Overnight we sat above the mean of the March channel. I would not expect the price to stay at the mean for another day, but I don't make the rules. I have a channel high of 560 and low of 416. The mean is roughly at 488 for the morning. The...
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    Another Straight Line Analysis Journal

    Wedensday 16th April 2014 NQ100 1 min chart review I had written out my notes for the day but decided to look again at the day after reading the Ghost thread in the evening. Overall for the day I felt that the price kept trying to get to a mean of 94 or 95 once the hinge started just...
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    Another Straight Line Analysis Journal

    Wedensday 16th April 2014 Pre-market Review Yesterday we traveled from the channel mean to the bottom and back to the mean again. Really big moves up and down. That may not happen again today. Currently we are slightly above the mean, and we may move to the top of the channel around 565...
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    SLAAMT Exercise

    Maybe don't enter a trade where the LSL or LSH, or whatever stop you think is reasonable, is too far away from the entry point. Just as an aside, when I traded stocks, I would have the same amount risked on each trade. So if a reasonable stop was further away, I would have to buy less stock...
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    SLAAMT Exercise

    Thanks for this Niko. Hopefully this will get us closer to matching entries and exits. The drawing of the demand / supply lines may be different in real time, as will the ability to play REVs. As an example some people will make a trade when price rejects a major level, and retraces...
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    Another Straight Line Analysis Journal

    Tuesday 15th April 2014 NQ100 1 min chart review Today we tested upwards to the channel middle, and then fell to the lower limits. A nice clean AMT day, with a good SLA entry for the main move of the day. No real drama. Pre-open. Before the open we rejected yesterday's high at 85...
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