Registered: Nov 2011
Posts: 3

The purpose of this journal is to learn and help others learn at the same time. I don't trade full time, but my job allows me some spare time during the day to pull up charts. Every now and then I'm able to take a day off too and be home all day. I've studies the markets off and on for a few years. I've gone through the newbie phases of buying systems, tinkering with indicators, etc. I have started getting a little more serious over the past year or so.

I have read through the AHG thread several times. I have also read Al Brooks' Bar by Bar. I am currently looking to further my understanding of how the markets move by beginning to study the work of Wyckoff. I think this may give me more confidence in a lot of the trades I take.

I am always open to criticism and encourage others to participate. I like both the AHG and Brooks style of trading. I am hoping to figure out a way to find a hybrid of the two along with adding some volume analysis - eventually.

I am basically looking for intraday scalp trades on the NQ or ES based off price action.

Registered: Nov 2011
Posts: 3

traded ES today
chart attached

trade 1
looked like a good reversal setup, went long then got scared by the brief chop and got out.
+2.5pts

trade 2
looked like another good reversal setup, went short. Got out after price started to reverse back up.
+5pts

trade 3
price moved up a few point, was looking at 1227/1228 area as a higher low at the time, tried going long and got stopped out
-2pts

trade 4
went short after a lower high and got stopped out
-2pts

trade 5
took a quick scalp from the bounce off support with a tight stop.
+2.5pts

Called it a day after seeing price unable to make a real move. Missed the big drop, but didn't want to chase it.

+6 pts total

11-17.gif
This has been downloaded 74 time(s).

Registered: Nov 2011
Posts: 3

Not trading today - Friday. For some reason my posts aren't showing up here until a day after I post them.

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