Search results

Susana, I am confused and not sure if your comments were for my questions. Are you saying that you only use one chart? You don't advocate using multiple time frames? Thanks for comments. Floyd

Susana, Do you trade with only one chart or do look at other time frame charts. I know some traders use a higher time frame chart to determine direction, a lower time frame chart for set ups, and an even lower time frame chart for entries. What's your opinion of trading with multiple time...

Susana, Do you trade with only one chart or do look at other time frame charts. I know some traders use a higher time frame chart to determine direction, a lower time frame chart for set ups, and an even lower time frame chart for entries. What's your opinion of trading with multiple time...

MandelbrotSet, you mentioned using the daily OHLC to determine the trend. What exactly are you looking for to know if you are going to take longs or shorts? Thank you.

Hi Susana, I posted a message a few pages back, not sure if you saw it so I will post it again. I might have missed something while looking at your charts. How do you know with a high degree of certainty that the trend has changed? What do you look for to determine a change of trend...

SusanaDT, I might have missed something while looking at your charts. How do you know with a high degree of certainty that the trend has changed? What do you look for to determine a change of trend? Thank you. Floyd

SusanaDT, by any chance do you have a live trading room of some sort? Thank you.

Holt, what method are your entries based on? I looked at your chart but didn't understand your method.

Hi SusanaDT, Thanks for creating this Price Action Journal. I tend to absorb more when I see something written in a systematic fashion like a book or course. What books or courses do you recommend if I want to get a good grasp on learning how to use price action for daytrading? Thanks for...

Has Woody would say "there will be better trades down the road, I guarantee it."

TheRumpledOne, When you say 00/50, are you referring to a moving average? Please explain what the 00/50 line is? Thank you, Floyd

Hi Jjrvat, Good to see you back. I believe you missed my question. I will repost it. Do you use an indicator such as RSI, Stochastics, Fibonacci, etc to determine when to enter a trade or do you rely entirely on the MA's? What indicator do you think is the best to get a sense of when to...

What happened to Jjrvat? He has not been around for quite some time.

Amitman, what candlestick formations do you find most effective for entries? Thank you.

Jjrvat, Do you use an indicator such as RSI, Stochastics, Fibonacci, etc to determine when to enter a trade or do you rely entirely on the MA's? What indicator do you think is the best to get a sense of when to enter a trade? Thank you. Floyd

Hi Jjrvat, Why did you enter a short at the first arrow on your chart when price was above the 240 WMA? Thank you. Floyd

Amitman, Thanks for posting your trades. How are you defining a wave? Are you defining it based on price moving above and below the 240 wma? Floyd

Jjrvat, How do you determine what moving average to use along with the 240WMA? I trade the NQ and look at either the 110 Tick or 30 Tick chart. The 6 WMA seems to crowd the bars too much and is extremely sensitive (whipsaws) especially on the 30 Tick chart. Do you have any suggestions on...