Pacmans price action journal

dbphoenix · Feb 13, 2014

PACMAN1 said:
http://www.elitetrader.com/vb/attachment.php?attachmentid=143124&stc=1&d=1392312628

SL and mainly today so far DL'S marked and fanned. Sorry to say I only made 2 points on a day like today, I had the poor retail sale #'s in my head and only went long for 2 pts, I was sure it would soon reverse which it didn't. I know that I should not have a bias like that, will definitely work on that.

On the other hand, you didn't lose anything. Where do you think all that buying at and after the open came from? Who would be desperate to buy at any price?

PACMAN1 · Feb 13, 2014

dbphoenix said:
On the other hand, you didn't lose anything. Where do you think all that buying at and after the open came from? Who would be desperate to buy at any price?

True, you can see the extreme buying and as I write this its only a few points from 60. It looks like it may just make that 80. Thanks again.

PACMAN1 · Feb 14, 2014

Well they made a stab at 3660 during overnight trading. At the moment sellers have regained control. I will focus today on who is in control and trade without a bias.

niko · Feb 14, 2014

We didn't hear much from you today? Were you around?

PACMAN1 · Feb 19, 2014

niko said:
We didn't hear much from you today? Were you around?

Hey Niko,
Sorry for late reply, I dont look at ET every day. I just watched Friday the 14th I dont like to trade the day before a holiday. And thanks for the developing a plan. I hope you are doing well in your trading.