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PAF Trading Journal


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PAF Trading Journal

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  #1 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received

Hi, I'm starting my trading journal to help me stay in, let's say in a WAY. I don't want to find any success in my trading, basically because it doesn't work but I will try to do something with my trading, like every day. I trade full-time and my success is "managing my time". This is my main point every day.

I have been in every stage you can imagine, and the only way I found, personally, to be IN, every day, is when I realized that there is more than trading that you can use to succeed in your life. I think this one is the first goal everyone wants to achieve and it's the path.

1. How do I trade? The name of my journal is self-descriptive, Price Action Flow (PAF). This means I use Price Action, pure bars without any indicator, and Order Flow, a Heap Map software.

2. I'm trading 4 accounts. Why 4, maybe you ask? Let's say I can trade smaller and have bigger results. I have found that going for 200$ every day is a really easy quantity to achieve without thinking too much about it (the main goal every trader needs to build)and it's not consuming time in front of screens. As I said, there is more than trading in my day or is the goal to achieve.

3. I Trade MNQ, with a high watermark of 6 contracts. I scale in and out, and I add to positions if I see some momentum.

Let's start the journey with this Trading Journal and see if will help in any way. I don't expect anything, only things going on.

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  #2 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received

Video showing an example about how I Trade. I'm using a Leeloo account that has achieved the profit target and waiting for my live (SIM ... ) credentials to work with another 3 accounts. Let's explain a little what you will see in the video. I have found a Buy Strenght Zone and the market pause in a congestion zone. Enter long at the breakout. ¿Why did I enter Long at the BreakOut? You can see in my HeatMap that there is interest in selling up and I will take my targets at this area. I added to more contracts in the high of the first failure breakout up. The video is self-explanatory.

2021-12-03_13h46_41.mp4

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  #3 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received


03/12/2021 Trading Activity:


2021-12-03_14h37_43





2021-12-03_14h40_35



Plans for the rest of my day:

See a movie with my beloved, be around with my kids, study a few things and enjoy the rest of the day with friends at home.

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  #4 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received

Here is an example of how I analyze Price Action. Basically, I try to find where sellers are in control, where buyers are weak, and where are areas of congestion to get later the expansion. There are always 2 ways, long or short. If short fail, long is the other option.


2021-12-04_13h40_46

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  #5 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received

Let show another example about how Price Action can be Powerful to determine direction, control...


2021-12-04_13h48_25


2021-12-04_13h49_58

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  #6 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received

The story is going on with a good buy sentiment and followed by a Congestion zone, awesome areas to look for expansion/momentum trades...is a really objective analysis about what is happening.


2021-12-04_13h53_29

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  #7 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received

Hi, today I have been trading for 2 hours and I took 1 trade. I see a buy support zone, created by passive buyers. The market goes up to sell and goes through these passive buyers. Entered Short and goes out at the daily goal. You need to multiply these results by 4. This is the magic to trade more accounts than more size or more dollar's goal.


2021-12-06_10h45_31


2021-12-06_10h46_20


2021-12-06_18h43_01


2021-12-06_18h43_38



I closed my Trading at this time and enjoy the rest of the day with family and kids. Life is more than trading. When you realize that, you will be happier, and will be easier to arrive at some point in your Trading.

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  #8 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received

Closing today screens, but let me post some interesting action to learn from it...

2021-12-06_19h32_04

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  #9 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received

Hi,

Take a few trades. I'm close to my daily goal and want to post the last one because has a good price action. Resistance zone, sell pressure with sell limit orders. Entering short to take passive buy orders below, but market fill sell limit orders and entered more contracts in favor of the short side.

2021-12-07_12h53_56


2021-12-07_12h57_37


2021-12-07_12h58_57


2021-12-07_12h59_56


2021-12-07_13h00_19

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  #10 (permalink)
ofatrader
Europe
 
 
Posts: 91 since Dec 2013
Thanks: 431 given, 154 received


Hi,

Get my daily goal with the last trade. I found a Bull Strenght Bar with a buy passive support and passive sellers waiting to be filled.

2021-12-07_13h12_01


2021-12-07_13h13_11


2021-12-07_13h17_17


2021-12-07_13h18_59


2021-12-07_13h21_49


2021-12-07_13h22_22


Closing my Trading day and enjoying the rest of the day free.

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Last Updated on December 15, 2021


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