Price Action Journal V1.5

[jfw215]

Quote from BuyYourFreedom:

Yes, I like the 1,000 for entries. Are your using the 10,000 as your anchor?

I used a similar ratio(ES - 10,000 for entry & 100,000 anchor) while trading last Friday.

yes, i'm thinking of using the 10k for entries. I thought about the 5k but it has more fakes. what do you think about the signals on that chart?

Thanks

JW

 

[BuyYourFreedom]

Quote from jfw215:

yes, i'm thinking of using the 10k for entries. I thought about the 5k but it has more fakes. what do you think about the signals on that chart?

Thanks

JW

jfw,

Your referring to the 3bar signal? I really liked it. I like anything that allows the trader to interpret price action more clearly. Just becareful not to let the indicator "push you" into trades. Use it to valitdate trades you had already intended to take.

BYF

 

[andas]

Quote from jfw215:

Quick question, are any of you guys using the #AHG or #AHG1 chat rooms?

Thanks

JW

I'm in the AHG1 room

 

[Cold Brew]

Quote from jfw215:

Quick question, are any of you guys using the #AHG or #AHG1 chat rooms?

Thanks

JW

I would like to know how to gain access. I can see the rooms, but not enter

 

[jfw215]

Quote from Cold Brew:

I would like to know how to gain access. I can see the rooms, but not enter

Hi Cold Brew,

The AHG1 room should be open, no passwords. Did you set it up correctly?

Andas,
I'll see you in the room tomorrow morning.

Cheers

JW

 

[jfw215]

FYI,

Attached are the instructions for setting up the chat room. Look for #AHG1 room. #AHG (Anek's room is password protected) Credit goes to Hwkaiser.

Cheers

JW

 

[jfw215]

Attached are my trades today. Very bad day... over trading, calling reversals too early, and bad stop management. Learning something everyday. I will try to use the anchor chart more tomorrow to reduce over trading.

15 trades... down $500... thank god for sim money...

Cheers

JW

 

[BuyYourFreedom]

Quote from jfw215:

Attached are my trades today. Very bad day... over trading, calling reversals too early, and bad stop management. Learning something everyday. I will try to use the anchor chart more tomorrow to reduce over trading.

15 trades... down $500... thank god for sim money...

Cheers

JW

JW,

Find what works and repeat.

Your 8th trade was taken in a perfect area. You had two things working in your favor…the trend (LH’s and LL’s) and support had just become resistance. Good trade.

Use that anchor!

BYF

 

[Sniemiec]

Quote from jfw215:

FYI,

Attached are the instructions for setting up the chat room. Look for #AHG1 room. #AHG (Anek's room is password protected) Credit goes to Hwkaiser.

Cheers

JW

Is the AHG1 room still open?

 

[jfw215]

Quote from Sniemiec:

Is the AHG1 room still open?

yes it is.