Kevin: I use price action only and have started a journal here. I do not use any indicators.
Thanks protrader. I'll certainly look into your suggestions even though I feel that I do not want to use any technical indicators. Pretty...
One of my major problem has been the inability to determine the profit target. Usually when a position is going my way instead of taking a profit...
Yeah, I got stopped out of that position the very next day.
Bit: I meant "along" not "a long". I think that is what confused you. I did go long on a 2day pullback but I got stopped out. I shorted the big...
Okay, let me explain the reasoning. The new patterns are not part of the patterns that I mentioned on the first post. I went through the daily...
Well I'm noticing some patterns as I go along. When I see theose pattern uncover I do get biased. I have no problem with it because I have stops...
The last few trades haven't been good for me. I have not been in sync with the market. Looking back I feel that I missed few opportunities for not...
Bitstream: Do you still stand by the above mentioned statement? I think it is time to short on any significant rally for me that means two up...
It's just that the patterns that I have found are good for 5 trading days that's why I did not count the weekends. Anyway, I got stopped out...
I really did not have many losses I did have more winners than loosers but my problem was over-leverage. My timing was perfect and I was in sync...
Initiated a new long position at 1240.50. This is Dec contract. I have my initial stop at 1233.25 and exit at the EOD on the 5th day. I went...
I do not know anything about Gary Smith besides his one book. I remember somebody saying that he used to post here, but not sure if it is the...
Got stopped out with a loss at 1230.75. The market is digesting all these bad news pretty well and still holding up good. I can't decide what to...
How do you define bargain prices? In 2000 CSCO was at 80+, after few months 70 seemed like a bargain, 60 was dirt cheap and 50 was pretty much...
Bitstream Thanks for contributing to this journal. In response to your previous post I'll have to disagree. Just because the market looks...
I was not sure whether the short position that I initiated at 1220.50 was the right thing to do because last night and this morning 1220.50 ended...
This is it. August was a rollar coaster kind of a month. My goal for September is to manage the risk better than I did last month. One of my...
Got stopped out today. The markets managed to rally big time today. Every index was above 1% today except the DOW 30. I will want to short one...
Short ES at 1206.75, stop at 1216.75
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