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I drew S/R, daily pivots, Yesterday open, close, high , low on my chart everynight. I tried to memorize them everyday.(sounds crazy) I do look at them while trading. The challenge No.1 is I was often scared of holding the position too long. Even when I traded 2 contracts, when I can scare out...

Put on 2 swing trades this week in SIM. I haven’t been swing trading with neither live account nor SIM since Feb. Those were the first trades ever since then. I am only watching 4 stocks so far. Swing trades; BUCY: 5/25 Bought 200 Shares at $49.33 Stop: 46.00 5/27 Sold 50 Shares at...

I aggree it is only applicable to 5 min and daily. longer time frame. I figured if I finally can't use it for daytrade. I will use it on daily chart for swing trades. So far, I picked up some important theories on his book.(still don't understand 90% of the book) On 1 or 2 min chart, I...

Thank you for your comment, Snowman75, your journal looks cool! I admire some traders like you can work full time and trade. To me it's very hard. But if I can't prove myself I am capable of daytrading, I will have to go back work full time too. I am so struggling between all the time...

Too many trades today. Totally 18 trades. And I turned high 3 winners to losers. I am not too happy with myself. Missed the last our break out trade-the break out I have been expecting the whole day…. A few trades I took worth mentioning: Trade A: 7:07am Stopped out once Enter: 10119...

It was a difficult reading for me to. I almost fell asleep in coffee shop today... I am in the Chapter -Trend Reversal, I still only get 10% of what he is talking about. I am going to skip to "best trades" Chapter tomorrow....

Forgot to attach chart

A little busy this early morning got to get some work done. I only traded the last 2 hours. It’s probably better than trading the whole session. Trade 1 was a greedy trade. I wanted to be in with the set off, so I sell into the yesterday’s close. Trade 2, 3 was where I tried to...

What a wild ride day today. Market was still very volatile to me. The first trade was stopped out immediately with 2 contracts. So I decided to only trade one contract with a wider stop. In a volatile market, when looking at the choppy 300 tick chart, I just couldn’t define where the swing...

Lousy weather, lousy day. I am still struggling with time frames and entry. Trade 1: This used to be my favorite set up but it turned out to be a Scratched trade. Trade 2: An even better set up. Price made ABC retracement. 10109 zone is also 61.80% of the previous swing. Price tested the...

Now I look at today's overall action, The measuered move is applicable again...:)

Thank you for great chart! I hope I can build up my experience sooner!

I am done for the day (11:39am) no matter how attractive the market looks like now, because I am over my daily loss limit. Horrible horrible day, I have done nothing right. And market stopped me left and right. There was one trade, by the time I entered my 6 tick stop. it already went down 10...

I trade YM. $5 increments. Dow index fund. I think its good for beginner. It doesn't move as fast as ES. I studied Toni Turner's book on Beginner's Guide to short term trading and Beginner's guide to day trading. If they sound too fundamental to you. Just skim them over at boarders before...

Today I got a little busy with phone calls and emails, So I missed quite a few good trades. Only 2 trades. Plus after yesterday's positive day. I am a little hesitated to trade... Trade #1: 8:01 short 10616 Exit 1: 10610 Exit 2: 10581 41 pts Trade #2: this is a clear D/B to me, +...

LOL. I sometimes think he is more forgeiner than I am! Maybe one day I can write a book with my broken english. I read the review, seems like lots of people become more profitable after reading it. And I believe price action is the key. The problem is I can't handle 5 min chart(Al is...

I now have MACD and RSI on my chart. RSI give me signal on cycle high/low and DIV. MACD give me the momentun on price. I did spend lots of time exploring the power of Divergence. Theoretically, it makes so much sense to me. But when I put on the conter-trend, I got killed most if the time. I...

You can trade and travel all over the world. At least that's my goal~~

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