Candles and Location for Intraday Profits

Discussion in 'Journals' started by Joab, Jan 2, 2007.

  1. Joab


    Ok here goes my attempt at a journal.

    I trade off a 15 min chart and I look for 1-3 high quality set ups each day.

    I mostly follow very liquid stocks that gap up or gap down or are in play.

    I cull my list down to the top 20 based on highest volume and I monitor them for key CANDLE structures as well as LOCATION.

    Unfortunately I will not have the time to post trades "as they happen" but I will update the journal at the end of each day in hopes that others can glean some skills from them.

    Feel free to critic or add to the conversation but I will ignore all stupidity.