The Price Action Journal 2

Discussion in 'Journals' started by schizo, Sep 5, 2022.

  1. M.W.

    M.W.

    Above which trend line? Resistance? So you try to say that if it crosses above then it hints at further upside momentum? So what is the current resistance level again according to you? What exact price level?

     
    #31     Sep 6, 2022
  2. Overnight

    Overnight

    Schizo, man, I think you need some Ipanema.

     
    #32     Sep 6, 2022
    schizo likes this.
  3. M.W.

    M.W.

    I did, in fact I just walked in detail through an fx hedged foreign short term yield enhancement trade.

    Don't be so sensitive, nobody tries to mock you, I just like clear and precise language. What price level is your resistance at right now?

     
    #33     Sep 6, 2022
  4. schizo

    schizo

    Man, don't you pay attention to details? That wasn't my chart. :banghead: I was merely replying to somebody else's chart, only adding my perspective. And I much prefer you do that as well. Instead of criticizing, why not provide some insight?

    Anyway, if you care to know, here's what I'm looking at tonight. A channel within a channel within a channel, if you know what I mean.

    5-MINUTE
    upload_2022-9-5_21-48-45.png

    upload_2022-9-5_22-8-12.png
     
    Last edited: Sep 6, 2022
    #34     Sep 6, 2022
  5. schizo

    schizo

    Ahem, not to sound anal, but does that qualify as a "real-time" trade? :) I mean it was you who kvetched about hind-sight analysis, after all.
     
    #35     Sep 6, 2022
  6. Grantx

    Grantx

    So you made a trade. Just say 'I made a trade.'
     
    #36     Sep 6, 2022
  7. SunTrader

    SunTrader

    My chart (610 tick eMini) was current and about PA not trades. It was not from two weeks ago?
     
    #37     Sep 6, 2022
  8. zghorner

    zghorner

    Looking forward to the journal...and more ETs crying about any method they don't like lol.
     
    #38     Sep 6, 2022
    SunTrader likes this.
  9. easymon1

    easymon1

    Looking forward to Price Action Chartposters.
    You want crying, follow BooHoo and all the other "crying hyenas", lol. Dime a dozen.
    Price Action Chartposters? The crying hyenas don't have enough cred to carry Chartposters jock straps. Prove me wrong. What have they passed forward that your parents and life have not taught you already?
    Buyer Beware.
    Believe None of what you read and hear, and half of what you see.
    Do your due dilligence.
    Never sign anything that you do not read.

    They repeat variations of this infantile screed for lack of content.
    Silly amateur control freaks can't make it in the Politics cesspool so they bring their sub-bushleague troll over here and think we don't notice.

    You like that shit zghorner?
    Hell, head your ass over to the Politics cesspool.
    They got crying hyenas all over the freakin place over there.

    You will be in heaven if you like "ETs crying about anything they don't like lol".
     
    #39     Sep 6, 2022
    zghorner likes this.
  10. .

    Hey Schizo,

    This journal is an outstanding idea.

    Where are you on the idea of including a moving average on the charts?

    I knew that Al Brooks sometimes put a 20 period EMA line on his charts, but I read an article the other day (linked below) that says he now uses two moving averages on his 5 minute charts... :wtf:

    I suspect that many price action traders would balk at that.

    P.S. Illegitimi non carborundum.

    Brooks link:
    https://www.brookstradingcourse.com/how-to-trade-manual/day-trading-setup/
     
    #40     Sep 6, 2022