The Price Action Journal

Discussion in 'Journals' started by SusanaDT, Jul 19, 2008.

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  1. Thursday, what I got so far, need to leave early due to Dentist appointment.

    Susana

    EDIT: They got me on the last long. Cya!
     
    #91     Jul 24, 2008
  2. Susana,

    Thanks for your charts, they must be a lot of work to create.

    I hope it's not an inappropriate question, I notice you do not scale out, are you trading 1 contract or that's your preference.

    Do you trade everyday ?

    Thank you again.

    Daniel
     
    #92     Jul 24, 2008
  3. amitman

    amitman

    Hi susana
    sorry if this question seems foolish but the bottom line in your chart, the "confuential support" what is it based upon?
    thanks.
     
    #93     Jul 24, 2008
  4. amitman

    amitman

    Got late today, only one trade

    [​IMG]
     
    #94     Jul 24, 2008
  5. All sells today
    I sell against what I see as resistance
    with no more than 5 tick risk from entry.
     
    #95     Jul 24, 2008
  6. Nice 123abc. Hope you actually got all those trades.

    What's your entry technique? A 3 bar reversal pattern like Susana uses (with the magic tick entry), or just put limit orders out there at the resistance level, or look for a stall on a faster chart at the R level, or???
     
    #96     Jul 24, 2008
  7. I'm a two lot piker Daniel :)

    Don't like scaling out, feel like when PA says to get out, just get out.

    For the most part, do not trade on Mondays or Fridays, personal reasons.

    Susana
     
    #97     Jul 24, 2008
  8. If you examine the previous day it was resistance turned support breakout point, reason it was fought today.

    Susana
     
    #98     Jul 24, 2008
  9. Crazy, I'm not that good, great skill.

    Susana
     
    #99     Jul 24, 2008
  10. I don't think he is using bars for his entry. Looks like he enters on resistance or when immediate uptrend line is pierced and just hopes for the best with a 5 tick stop.

    No idea on the exits.

    Great on trending days but most of the time that is not the case, so I'm sure this is an exception and not the rule, otherwise he is just phenomenal.

    Susana
     
    #100     Jul 24, 2008
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