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    The price action facebook journal

    Few things for today. First we've reached 2000 posts (2200 to be exact :) ) Second thing, NOD, thanks! this is very helpful, I'm sure to check it out (although I see the in this specific entry the EMA20 is at 58.10 and not 20 maybe you've used the non-RTH data too?) As for today, missed...
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    The price action facebook journal

    Apology accepted :D. Long entries and exits are just the same but reversed (green arrow entries, red ones exits) I will change it for you :) . From now on, green arrows will be long entries and red will be short, for exits I will see what to choose. Any favourite color?
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    The price action facebook journal

    RN, the green arrows are not longs, they are exits of a short (read the text...) Thanks for the charts, I'll go over them and see if I have any questions...
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    The price action facebook journal

    Couldn't resist to trade today So traded the first 30 minutes. First trade was very frustrating, I wonder if there is a good way to avoid this kind of whipsaws or should I just accept them. Thinking maybe wasn't enough retracement, or not a good reversal pattern, any advices? Glad I had...
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    The price action facebook journal

    So... today was crazy indeed, and I missed all the action due to wotk :mad: Made 1 trade however with 250 shares +21$ I also wanted to share a swing trade I have done in GOOG using the exact same method, I'm partially out with 44$ already locked and about 100$ unrealized Blotter...
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    The price action facebook journal

    Indeed :)
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    The price action facebook journal

    Thanks you for the illustrations! Indeed, today is a crazy day in FB, a textbook example of when not to use fixed targets. I, however, couldn't trade today except for 10 minutes due to work. I was able to make one trade in this time which, miraculously, was the only one where a fixed target...
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    The price action facebook journal

    Hi NOD, thank you for your resposnse. I was following you journal in my previous round of trading back in 2008, great to see you're still in the business. Could you be kind enough to give a chart example of this two methods because I'm not sure I've understood what exactly do you mean.
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    The price action facebook journal

    Exits Genrally speaking when one enters a trade there are three ways he can exit them: [list=1] Fixed exit (which can be dependant on stops, R:R, and other things). Discretionary exit (i.e. "let your profits run"). Any combination of the two above. [/list=1] Before getting into it...
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    The price action facebook journal

    Missed two good trades in the start of the day due to technical issues though to just quit for the day but came back after 30 minutes and made 1 trade +19$
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    The price action facebook journal

    One trade today +22$
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    The price action facebook journal

    Reached 1000 views for this journal :-) Very short day today, trader for 15 minutes, 1 trade +19$ (after comm)
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    The price action facebook journal

    Harsh winter here, wasn't able to trade thursday. Fridays I don't trade. Trades for 1/2 hour today, +17$, missed one good trade due to hesitation... The entry is a typo of cours, was at .98
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    The price action facebook journal

    About the commisions question, apperantly I was wrong. I currently pay 1.6cps regargdless of size, from next week I'm going to pay 1cps (discovered I pay 0.6cps to a financial advisor i dont need). Amount are per trade (two transections)
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    The price action facebook journal

    I trade with IB, don't trade via ninja, only use it for replays. I trade through TWS mobile (the IB mobile app)
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    The price action facebook journal

    Trades for yesterday, was only able to trade the first 1/2 hour Still was a great day, best so far +50$
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    The price action facebook journal

    Before I answer that I'll give a little background. This is my second shot on day trading. First one was 5 years ago, did it for about 6 months, finished about break-even, but then had to use most of the money in my account to fund my university studies. During that last 4 years, I havn't...
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    The price action facebook journal

    I think the numbers are a bit hight (2-3 cps is already after commisions, but it still a very small amout of trades...) I pay 1.5$ for the first 100 share and then 0.1c for each additional share. So, for the 200 shares lot I use right now it's 1.6cps (per trade = 2 transections), which is...
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    The price action facebook journal

    Thanks RN for your (serious :) ) answer. I agree with what you wrote, also saw some random thought of yours about pullbacks on the other thread, very helpful, thanks! The lines are drawn in hindsight, as I usually trade through my mobile I can't really draw lines, just "see" them, so the...
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    The price action facebook journal

    Frustrating day, missed two amazing trades, Stopped over 1 tick on the other, was only able to trade for 1 hour (1/2 hour morning and another 1/2 noon) Still managed to finish (little) green, +6$ Notice clock is set to my local time (UTC+2) Morning trades: Noon trades:
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