This is my journal, which I’ll write when I have something gone very wrong in my trading and my ego needs to be punished for my stupidities. I have another journal too which I keep in Tradervue and keep record for all of my trades but that’s not public and more of a record keeping and analysing tool. For now my trades will be made with live account but that might change.
My trading strategy(or tragedy) is:
1. Specify entry area
a. Bollinger Bands upper section is for shorting
b. BB lower section is for longs
c. don’t take trades inside sausage zone[1min opening range])
2. Price action (2nd entry or 2 legged pullback)
3. S/R line. To determine the entry price
4. DOM action for getting the edge
5. Target at least 4 ticks
Chart example
DOM example
That’s what I’m looking for. If I do something else I need to come clean here. BTW in the chart picture there is not BB’s but EMA21 is the same I nowadays use as a middle line.