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    Price Action Journal V1.5

    JW- Someone correct me if I am wrong, but I think the HOTM and ORH are synonymous. I also use the first half hour to indentify the range. I do not take the premarket highs/lows into account when identifying the OR... Anyone have any rules/strategy for trading the “gap” from the...
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    Price Action Journal V1.5

    mdl , you probably are familiar with most of these..... LOTM - low of the morning HOTM - high of the monring ORH - opening range high ORL - opening range low PDH - previous day high PDL - previous day low EOD - end of the day can anyone else think of any that I am missing.
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    Price Action Journal V1.5

    correction: foolish...not fullish :eek:
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    Price Action Journal V1.5

    Casper, Seem like I take a couple of full stops a day. Most of my full stops come from fullish trades, but I could stand to sharpen my entries on my good trades as well. Also, I have been working on trailing my stop further behind, trying to let my winners run....so I am trying to get...
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    Price Action Journal V1.5

    Each buy/sell is sent with a 2 point stop. After my order is filled, I look to tighten...if possible.
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    Price Action Journal V1.5

    Traded poorly this morning, made up for it in the afternoon session. I need to work on taking entries closer to support/resistance. 6 trades + .25 1-Loser 2-Loser 3-Loser 4-Winner 5-Loser 6-Winner
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    Price Action Journal V1.5

    8 trade +12.25 I am working on letting my winners run. Unfortunately, because of that I allowed a couple of profitable trades turn into a full stop and a breakeven. 1) loser – full stop 2) loser – had +2.25…ended up taking a full stop. 3) BE – had +3.5 4) winner 5) loser...
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    Price Action Journal V1.5

    Came across this post from Piscuy in the AHG journal.... The question Piscuy posted was: "What is the difference between a good or a bad trade for you people. Here was his answer: "There are some very good answers and I decided to bring the subject up especially for the good and...
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    Pictures of your trading stations

    Nice...I like the idea of having a flat screen mounted on the wall.
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    Price Action Journal V1.5

    Spec, Here are the instruction for getting into the chat room. Hat tip to jfw215 for posting (page 93 of this journal) BYF
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    Price Action Journal V1.5

    Spec, Do you enter via stop order or at the market? BYF
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    Registered Investment Advisor

    Shorty, As long as you are not receiving commission for the trades you place, I do not believe you will be required to have Series 7 or be associated with a BD. You should also be able to use IB as custodian for your accounts. Technically they will be the broker. If your only intention is...
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    I just got turned down for a secured loan!

    Maybe he was using the loan for a non-essential purchase and did not want to deplete his emergency saving. Sounds responsible. Just a thought.
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    Price Action Journal V1.5

    you might consider trying a slower chart. I have been using a 10,000 vol with a 100,000 anchor (ES). I have found that I take fewer trades than I have in the past, but the setup are more reliable. I am not against trader using fast charts, but I get too caught up in the "noise" that they...
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    Price Action Journal V1.5

    good eyes
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    Price Action Journal V1.5

    J, You raise a great point and it probably would have been prudent to pass on this one. I decided to enter because price had broken a trendline, and made a LH & a LL. Very similar to what it had done at the open. I shorted after seeing a 3bar, but got stopped out pretty quickly. BYF
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    Price Action Journal V1.5

    Sniemiec, 1st- decided to get long position after price broke out of the W pattern(@ LOD) and above a minor support level. Entered right above the support line with my stop place underneath. I should have been more patient . 2nd & 3rd Two minor LH’s had printed and price traded below...
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    Price Action Journal V1.5

    ...afternoon :mad:
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    Price Action Journal V1.5

    6 trades +13.75 5 losers 1 winner 1.Short -loser 2.Short –loser -full stop 3.Short – winner 22 pts 4.Long – loser -full stop 5.Short – loser 6.Short – loser – full stop Traded poorly from 11am on…wasn't paying attention and I ended up missing some...
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    Price Action Journal V1.5

    ITR - Thanks for tracking this down. BYF
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