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Category Archives for Intra-Day Action Journal

Intra-Day Action Journal- 1 March 2016: Bear Traps – The “Gotcha Bar” Pattern

Today was a strong Bullish trend day that yielded some great low risk entry’s coupled with some excellent Bear traps. I was long SPY in the morning for +$795.00 and long again in the afternoon for + $1,070. Positive +$1865 for the day. I’m happy with that but I did leave some money on the table with a few mistakes here and there. 

The “Gotcha Bar” pattern is one of my favorite intraday setups. Here what I look for in a gotcha bar reversal.

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Intra-Day Action Journal – 11 Feb 2016 -SPY Long & Short Trades

  It was another wild and volatile day that yielded some good trading opportunities.

*Disclosure: My SPY trades are all Paper trades using the Esignal platform. I experiment with positions size and money management techniques.

I made 4 trades today, one loser and three winners. I was fooled in the morning and started the day with quite a large loss.
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Intra-Day Action Journal – 3 Feb 2016 -Strong SPY Rally

Just a quick one today. We had a really nice rally into the end of the day that yielded 3 profitable trades for me. You could argue that I could have just held one trade for maximum gain but I like to sell into strength when I see range expansion bars and extreme TICK readings.

 
I was stopped out twice early in the morning but more than made up for it later in the day. Use your stops and keep the losers small when day trading. If the pattern didn’t trigger don’t stick around and wait for moving averages to cross. Price tells you everything you need to know.

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Intra-Day Action Journal – SPY Late Day Breakout – 1 Feb 2016

Here’s today intra-day action report. I was able to make a small profit trading the late day breakout on SPY. Keep in mind that the risk ladder was weak form risk off and most breakouts and trade-able plays would fail.
The Risk Ladder measures risk sentiment. Risk off implies higher risk assets are being sold. While defensive assets are outperforming. Weak form indicates mixed or bifurcated sentiment.

The Risk Ladder measures risk sentiment. Risk off implies higher risk assets are being sold. While defensive assets are outperforming. Weak form indicates mixed or bifurcated sentiment.

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Intra-Day Action – Bullish 1-2-3 Pattern – 29 Jan 2016

Here’s is today’s intra-day action of $SPY. It’s good to look back at previous days to compare the different times and patterns during reversals and market conditions.

You can look at previous Intra-day journals here

Today we had a strong bullish trend day. Trying to short SPY today was not a good idea. On strong trending days it’s best to wait for opportunities to buy. I’ve included a couple of examples below. The Bears had very few moments of control and the TICK shows only one -1000 reading which was actually good for the Bulls. The -1000 reading had very little volume and price expansion to the downside signaling the Bulls still were buying up all the supply.

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