My journal

Discussion in 'Journals' started by PAAddict, Mar 2, 2017.

  1. PAAddict

    PAAddict

    Here is today, I tried to follow prices up, then down then left when they didnt make up their minds. day4 1.png
     
    #11     Mar 13, 2017
  2. PAAddict

    PAAddict

    Hi, thanks for the comments, I actually consider the retracement you do not consider a PB as a reference point to define demand/supply strength, I have never called them PBs, but just Retracements.
     
    #12     Mar 13, 2017
  3. PAAddict

    PAAddict

    And here is what happened after, a congestion formed, perhaps the afternoon comes with more interest. day4 outcome.png
     
    #13     Mar 13, 2017
  4. PAAddict

    PAAddict

    day 5 .png
    Here is today, after the break of the triangle and the test of the apex my expectation was a break below the opening range low, but it didn't happen. But then instead of finding scared sellers things just calmed so I took a second shot with the same expectation, it didn't happen either so I waited for prices to find supply at the top of the day´s range for a new short, this one worked just fine.
     
    #14     Mar 14, 2017
  5. PAAddict

    PAAddict

    Let´s see how far this can go... day 5 hourly.png
     
    #15     Mar 14, 2017
  6. PAAddict

    PAAddict

    Didnt go to far as I expected and ended up in a congestion yesterday.

    Adter the inventory data release I took the first short but as it failed before breaking new lows I took the next long that didnt go far either.

    The next trade was the attempt to break out of the down trend channel that didnt go far as well and then another short attempt that formed a downtrend channel again, when this trade failed I decided to call it a day.
    day6.png
     
    #16     Mar 16, 2017
  7. PAAddict

    PAAddict

    day 7.png Today was a rough channel but still a trend.
     
    #17     Mar 16, 2017
  8. Buy1Sell2

    Buy1Sell2

    Will you be posting real time trades and stops with your analyses?
     
    #18     Mar 16, 2017
  9. PAAddict

    PAAddict

    Not just yet, I am still in the gathering information (testing) phase.
     
    #19     Mar 17, 2017