Price Action Journal V1.5

Discussion in 'Journals' started by TraderKaizen, Aug 14, 2008.

  1. jfw215

    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
     
    #551     Oct 20, 2008
  2. 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
     
    #552     Oct 20, 2008
  3. andas

    andas

    I'm in the AHG1 room
     
    #553     Oct 20, 2008
  4. I would like to know how to gain access. I can see the rooms, but not enter
     
    #554     Oct 20, 2008
  5. jfw215

    jfw215

    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
     
    #555     Oct 20, 2008
  6. jfw215

    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
     
    #556     Oct 20, 2008
  7. jfw215

    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
     
    #557     Oct 20, 2008
  8. 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
     
    #558     Oct 20, 2008
  9. Is the AHG1 room still open?
     
    #559     Oct 20, 2008
  10. jfw215

    jfw215

    yes it is.
     
    #560     Oct 20, 2008