Price Action Journal V1.5

1 trade - 1 winner +14,75 net

 

8 trade +12.25
I am working on letting my winners run. Unfortunately, because of that I allowed a couple of profitable trades turn into a full stop and a breakeven.

1) loser – full stop
2) loser – had +2.25…ended up taking a full stop.
3) BE – had +3.5
4) winner
5) loser - small stop
6) loser - small stop
7) loser –full stop
8) winner

 

BYF, like SusanaDT said, you can't be afraid of small losses. Small winners turning into losses do happen. You can't let it bother you. If it does, just let PA dictate your exit.....or use 2 contracts and scale out one after 6 ticks.....

 

FWIW: These indicators have several bugs, when compared to Anek's charts:

1-they show in the actual swing point and not an arrow at the "signal 3BR" like aneks.

2-Often times, they do not print an obvious 3BR.

I have pointed bug 1 and 2 in the chart below.

I can't code, or I would have fixed it. If anyone has the proper indicators in the next post, please post the code.

I've been busy studying/revamping my trading for this huge volatility. Not trading much lately.

Thanks in advance.

shakira

 

Notice Anek has only 2 ninja indicators in his charts (this was his departing chart):

1-the arrows for the 3BR at the proper completion point of the "signal" (not at the actual previous swing point).

2-Some code to mark the ORH and ORL. Open range.

The rest is drawn by hand.

Still admiring the simplicity of it all.

I can't code. Can someone please supply the proper ninjascript code for this simple clean chart?.

Thanks in advance.

shakira

 

Anyone know why Anek switched from TradeStation to Ninja trader???

 

Cause NT is better?

 

2 trades: +15,5 net

Missed some points on some manual mistaks in trade execution.

 

i didn't see "Price Action Journal version 1.0 ????

 

Because Tradestation does not build volume bars properly.