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  1. J

    Feedback appreciated. My Journal Begins...

    With the convergence of 88 on the DT channel and 3980 as a high value area for traders, we're in a range. CHOP. Nice short for about 10 points from the open. Price staying below 80. WOuldn't doubt a dip to 3960. Channel lower extreme.
  2. J

    Feedback appreciated. My Journal Begins...

    In review of sunday's prep, the short would not have worked. Glad you didn't put it on. Price did in fact reach the channel extreme. And then it's decent to the mean began. It seems early morning friday at NYC open, traders tried to push above this extreme at least 3 times, with each attempt...
  3. J

    Feedback appreciated. My Journal Begins...

    Well, I wasn't able to replay monday 10/6. I bought my charger. Drove all the way home, and it was the wrong one. Woops. I finally have a new charger and will not replay monday. Morning prep up next... I also get to SIM a couple hours this morning. That should be fun.
  4. J

    Feedback appreciated. My Journal Begins...

    Sorry for the MIA this morn. Computer charger broke. Running to radio shack later today. I did some prep last night, and will replay today's action tonight around 6 or 7. Tomorrow morning I'll actually get to SIM! So don't tell me what happened. I feel like I'm avoiding hearing football...
  5. J

    Feedback appreciated. My Journal Begins...

    The current trend of the market appears to be down. I would imagine a test of around 3819, which is the swing low in an uptrend made on 8/8. That could be this week, it could not. We'll see what happens. Price is now around 4024. After that large climb on Friday, price settled into a range...
  6. J

    Feedback appreciated. My Journal Begins...

    Will do. Sunday night prep coming up...after dinner. :)
  7. J

    Feedback appreciated. My Journal Begins...

    For my sake, I want to mention a little bitch that I have recently noticed. Its continually amazing to see how trading really identifies one's self...their true inner self that has the potential to ruin any possible career in trading. I'm still in SIM, and still writing/tweaking/hypothesizing my...
  8. J

    Feedback appreciated. My Journal Begins...

    YELLO. So here I am after work doing replay. Bar by bar. It went pretty quick seeing as how the entire day from 1044 EST forward was all range. I don't play range. Not yet anyhow. I assume with friday and gorgeous weather here in PA that people wanted to get one last golf game of family time...
  9. J

    Feedback appreciated. My Journal Begins...

    3OCT2014 Morning Prep: Overnight once again a lot of trading occurred around the mean of the range at 3980. This was broken though around 130 AM EST. 3994 seems to be the new value that traders are finder for now. After yesterday's activity, we saw a large drop a not enough demand to even...
  10. J

    Feedback appreciated. My Journal Begins...

    I replayed todays session bar by bar after work today. I chopped up a little, however I ended with 13 points. Today is a great lesson in learning how to not be surprised by price. In the prep, I was leaning towards heading up towards the means of the downtrend channel which began a couple days...
  11. J

    Feedback appreciated. My Journal Begins...

    This mornings prep: Since April in the NQ we have been in a very steep uptrend. However, traders have begun to NOT find value there. Price over the past couple days has moved out of this channel. I reviewed my charts again, and instead of a flat range, I think we can clearly say that the 60 is...
  12. J

    Feedback appreciated. My Journal Begins...

    Review of this morning. I'll first mention too that I've really enjoyed learning from DBpheonix and his teachings on Wyckoff. With that being said, the morning began in a range. My plan doesn't allow ranges, unless they are very wide. 15 to 20 pts at least. So I sat and a watched for an entire 5...
  13. J

    Feedback appreciated. My Journal Begins...

    Sorry for my absence. Very much overwhelmed with work, and struggled to find time to trade. However, I've decided that instead of being down about not being able to trade, I'm going to post my journal anyways. I'm going to do a prep journal in the mornings, and a "replay" or results journal in...
  14. J

    Feedback appreciated. My Journal Begins...

    Dear Mr. Journal, Or Mrs. You guys married? Trade #1 --> Premarket Supply was in. Prices were lower and the opening move of supply came with quite some volume and aggression. Decided to wait for RET instead of momentum chasing. Good enter, but looks like price needed more time before I sold...
  15. J

    Feedback appreciated. My Journal Begins...

    FYI. I'm learning a lot from your teachings on other threads. It's amazing stuff. Plan is being worked out...back testing in progress, and with some good results. Even after the first 10 trades lost. Minimally of coarse. I also located a PDF you offered for making a plan. It's very well written...
  16. J

    Feedback appreciated. My Journal Begins...

    Dear Journal, Where do I start?... I have realized that I have been SIM trading, without a plan. Upon further research, I discovered that my "plan" doesn't have to be completely mechanical... "Wait for 2 HH's and 2 HL's then go long". NO! I want to learn Price Action. Many traders believe in...
  17. J

    Feedback appreciated. My Journal Begins...

    Morning August 29,2014. 7 Trades. Today I traded with a focus on supply and demand. During the trading I was constantly talking to myself like a schizophrenic about supply and demand. I also decided to analyze some key points of S/R from overnight/yesterday. I'm not able to trade everyday...
  18. J

    Trading NQ via Price Action

    We hit that 40 high! I'm calling a top! jk. and now the massive institutional sell off in 4 minutes. Won't that be funny if that happens.
  19. J

    Trading NQ via Price Action

    Good prep. I know I shouldn't be biased, but I wouldn't be surprised for a quick retest of yesterdays LOD around 15 followed by a continuing uptrend on 60 min. Uptrend made a lower high over night too which also points towards exhaustion like you said.
  20. J

    Feedback appreciated. My Journal Begins...

    This morning was tough. Took a lot of patience waiting for that signal. I felt like I had a good grasp on the signal too. I'm still forward testing a simple method to see what kind of probability to expect. It's one trade. Based off the anchor we had a nice up channel, and price was about 60%...
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