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  1. B

    Another Straight Line Analysis Journal

    Obviously the lows above should be 435 and not 535. I need an editor
  2. B

    Another Straight Line Analysis Journal

    Tuesday 15th April 2014 Pre-market Review Again we are in the March channel, but we have not threatened the mid point yet. It looks to be around 505 today. If we can eventually get that far, then we can watch for a push through to the highs or a rebound to the lows again around 535 or so...
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    Another Straight Line Analysis Journal

    Monday 14th April 2014 NQ100 1 min chart review The day was okay. Obviously getting good REV entries would improve the success rate and limit the risk, but there were enough good RET entries to make it a successful day. I felt it was a lot better than Friday for me. I tried to learn from...
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    Another Straight Line Analysis Journal

    Monday 14th April 2014 Pre-market review In the morning we bounced off the middle of the Nov 2012 channel, have moved back into our March channel. We made a range overnight, and since the morning we have steadily risen and are currently sitting at the middle of recent congestion...
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    Another Straight Line Analysis Journal

    Friday 11th April 2014 NQ100 1 min chart review A few big moves today. A good entry will often determine how much of the move we get. Too late, and the price often stops us out. We kept within the March range, but never quite made it to the mean. 1. On the open we tested preveious...
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    Another Straight Line Analysis Journal

    Friday 11th April 2014 Premarket Review Another big fall yesterday. I noticed the new channel that has been drawn from March to account for the current price action. Overnight we moved into a range, and in then in the early morning we fell to reach the lows of the March channel...
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    Another Straight Line Analysis Journal

    Thursday 10th April 2014 NQ100 1 min chart review A big fall today, and probably a very good day for those who trade multiple lots with staggered exits. We did not make a try for the channel top, we barely made a try for the overnight highs. Straight back down to the bottom of the...
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    Another Straight Line Analysis Journal

    Thursday 10th April 2014 Premarket Review Well, we are back into the March channel and through the midpoint. The trend is still downward, but we have to prepare for a move in either direction. After a big push up in the afternoon, we settled into ranging behaviour overnight. We made a...
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    Another Straight Line Analysis Journal

    Wedensday 9th April 2014 NQ100 1 min chart review Wow, there was a lot of overlap and relatively large bars today. Any attempt at entry was highly likely to be stopped out, unless a large risk was taken when placing stops. This was a day for sitting mostly on the sidelines. 1. We...
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    Another Straight Line Analysis Journal

    Wedensday 9th April 2014 Premarket review For the last few days we have stayed outside the June 2013 channel, and we have moved well inside the channel from Novmeber 2012. We may test of the top of this channel at approx 560, but the line of least resistance is down, and the next target...
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    Another Straight Line Analysis Journal

    I haven't rushed in, but I also need to move on soon and get started. I am following the rules as stated, so endless observation may lead me to overthink this. Time to kick myself into action, and get to the next level.
  12. B

    Another Straight Line Analysis Journal

    Tuesday 8th April 2014 NQ100 1 min chart review We never made it back into the June channel today, nor did we fall to the November channel midpoint. Previous highs and lows provoked reactions when tested. I am not so sure I would enter on reversals yet, but it is worth noticing them as...
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    Another Straight Line Analysis Journal

    Monday 7th April 2014 NQ100 1 min chart review Not as busy as Friday, but still plenty of action. Made it back up to the recent channel low, but couldn't hold inside the channel more than 10 or so minutes, which would indicate some weakness. Lets see if they fight to get back into the...
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    Another Straight Line Analysis Journal

    I guess that I should be looking at the longer term channel meam, which I did not look at until pointed out on the chat. There are various old congestion points closer to the current timeframe which may also provide some support, especially the recent one around the end of January.
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    Another Straight Line Analysis Journal

    Monday 7th April 2014 NQ100 Market Preview On the daily chart we have moved below the long term channel from June 2013. We have a swing low of 410 in Febuary, and this would be the first aim if we continue downwards. If we do not go down directly, we could also move up to test the...
  16. B

    Another Straight Line Analysis Journal

    Thanks Db. I do try to keep myself as close to the tested rules as possible. I guess that one was a bias on my part towards a long. I'll take it as a lesson learned. In general I am pleased that for most of the week I was not thinking that price should do this and that because we are at a...
  17. B

    Another Straight Line Analysis Journal

    I appreciate the input DP, and I know how many arguments have taken place across many threads between people over the past few weeks, around the journals and testing that many of us are doing at the moment. It may be seen a zero sum market, but I believe that there are more than one ways to...
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    Another Straight Line Analysis Journal

    Friday 4th April 2014 NQ100 1 min chart review Today was very interesting because we not only made it to the middle of the range, but on down to the bottom as well. We had a good mix of SLA and AMT, and various types of entires and exits to make the day very useful for training or...
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    Another Straight Line Analysis Journal

    The timing of the chop around the 11am coffee break helped. Friday 4th April 2014 Pre-market review After a big fall to 609 yesterday from the top of the range, we moved up into a tight range ovenight, before breaking upwards in the morning. We are currently back at the top of the...
  20. B

    Another Straight Line Analysis Journal

    Thursday 3rd April 2014 NQ100 1 min chart review 1. There was a big trend up before the open after an SL break with retracement. 2. On the open price made a big drop to below the morning range, and then reversed quickly. 3. Price moved up to the opening high, rejected and then...
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