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    boru's price action journal

    Comments welcome is this weekly TC accurate? if not why. Thanks
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    Ghost of If You Can Draw A Straight Line

    This has been a great thread,they all have but the ghost has gotten me over the hump. It sounds as though you're going to be shutting it down, if so I'm grateful I had a chance to follow along in real time
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    boru's price action journal

    Db no I did not take the long at 9:48, I was taking some phone calls this morning that were unavoidable. Which is a lesson on how important an uninterrupted work area is. The last week for the most part has been much better, not for any new information but how I am approaching the open...
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    boru's price action journal

    I wasn't sharp mentally today, I felt prepared and I think I was seeing price unfold but I didn't take advantage of it. I am in my defense doing Niko's scratching and reentry routine so that may have distracted me, but with more practice it will get better. 1. price opened and gave longs a...
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    boru's price action journal

    4-22 price is OB using the TCs on the daily chart from the march highs The trend on the 60 min is up although there was selling pressure at 6:00am. If price is to resume its decline it shouldn't advance to much farther. The levels I am watching at the open 3561.75 and...
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    boru's price action journal

    4-21 price formed a hinge in overnight trading which just fizzled out, however 3542,3530 and 3521 the high low and MP of the hinge may be something to be aware of at the open. I am trying to eliminate having a bias so I will identify markers of buying and selling as I see them. The UL of...
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    Ghost of If You Can Draw A Straight Line

    Great post, the last week has been an eye opener, thanks for all you do Db!
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    boru's price action journal

    Looking at the daily chart, Price is rallying and is above the mean the areas I will be watching today are the upper channel line at 3560-70 the midpoint of the entire range is also 3570 ,and 3480-90 with a small bullish bias
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    boru's price action journal

    Thanks game I think this helps I seem to have wandered into the weeds again
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    boru's price action journal

    This is what I wished I had done today SLA as I see it. I know I said I would post a chart of what I actually did but I would have to print a 15 sec chart with 21 trades that lost me $25 after commissions . Clearly trading a 15 sec chart is not the way to go. I have been following a few...
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    boru's price action journal

    Thanks for your comments, my disappointment isn't with the dollars, it's my inability to follow such a simple trading plan. I am not sure how I am going to fix this problem but I will. Until then I will continue to do prep in the morning and post trades afterwards. For today
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    boru's price action journal

    clarifying post 125 not bragging , don't want to be misunderstood. This was the best day I've had in 2 weeks but on a day when price moves 200 points and the best I can do is $500 on sim after I posted the above is disheartening to say the least. On the other hand many thanks to DbPhoenix for...
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    boru's price action journal

    and I settled for a measly $500, I have some work to do!
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    boru's price action journal

    I think I understand why I'm scalping price the way I do. Without getting into deep philosophical discussions. I remember when I first started trading, because I worked construction and didn't have access to information (this was before cell phones, I used to phone my orders in to my...
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    boru's price action journal

    my mistake green = entry, red = exit also I should note on the 15 sec chart the circles were placed on the 1 min chart so on the 15 sec they may not be exactly where they were in relation to price
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    boru's price action journal

    Well done trading for the day . I am going to post 3 charts, the first is how I think it should have been traded the second is what I actually did. ( sim). and the third is the 15 sec which I use to try to get better entries. This may be the first time I've posted my actual trades, I...
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    boru's price action journal

    Not much has changed in the bigger picture buyers pushed price up sellers pushed back down result a hinge for now anyway. buyers may still test the mean at 3500 or 3580 possibly if they can get a head of steam going. If sellers have their way 3408 is a possible target
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    boru's price action journal

    and the afternoon
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    boru's price action journal

    Didn't unfold the way I pictured but I didn't have that strong a bias just a picture in my mind. I did have a bullish bias though and after Price traded back down to 46 after the open price did turn north and at the time of this posting is at 3480. Had a much better day watching the...
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    boru's price action journal

    Monday, Price still looks OB on the daily chart. The 60 min is showing bulls coming back with a little more purpose. with price breaking both the SL and trading above the LSHs. An advance to the 3510-20 area doesn't look out of the question. 3512 is also the MP of the 3430-3600 range. I...
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