This is an invitation to join the Ensign Echat trading community even
if you are not an Ensign user. Echat can be downloaded here: http://www.ensignsoftware.com/downloads.php and
a video (14) on how to use it is here if you need it: http://www.ensignsoftware.com/support/videos.php
The BLine room is room 2 in echat. Due to the large
number in the room, we use Ventrilo for voice. This is NOT the same as
Voice chat. Voice chat is for the smaller rooms. Please install
and setup Ventrilo before connecting to avoid feedback.
The Bline room's main focus is education. We often do specific classes
on Weds at 4:30 EST and try to do at least one playback on weekends.
Anytime a question is asked it will be answered...naturally the long
answer is usually when market is closed. There is no silly question
but the unasked one. (The room also helps with Ensign support when
they are closed and is there to shorten the learning curve for Ensign
users. Often there is help with Sierra and other programs too.)
The Study Collection for B-Line in Sierra is named "Buffy" and
is located in the analysis drop down menu on the Sierra charting program
on version 406 or higher
The template is available here:
List of common terms used in room
Explanation of indicators on charts
There are many templates available not only through Ensign internet
services but also at DaCharts.
Our current template is called buttons. Please understand that the template
can be customized to how you want it to look. I recommend unchecking
objects in the property window rather than deleting them.
This chart shows the termonology you will hear and show you how to adjust
your chart properties window to make the candles look the same.
The following are links to some of the previously written articles.
Steps to learning a setup to trade profitably
Price Action - The Footprint of the Money
MOFs and Slings (Newsletter)
Stops and Exits
Also discussed starting with chart 4 here
This one is not expected to be understood right away but at least you
will have it
If Price is making HH and HL
The Regular Divergence - RD - is on the highs
and Hidden Divergence - HD is on the lows
If price is making LH and LL
The RD is on the lows
and HD is on the highs
Test Divergence - price testing a previous swing high or low
Directory of 2X_Bline for education and examples
The following link is focused explaination of terminology
Enjoy and feel free to ask questions.
The only stupid question is the unasked one.
Other good discussion under trading
discussions at www.dacharts.com
There are also many folders under Chart
Archives that have charts examples
relevant to the topic of the folder.
Learn Basic Price Action by going through kindergarten and first grade.
Have a trading plan but just can't push the button? Following this link
Profitable with simming but can't pull the trigger RT? Mark Douglas
has some good insight at the following link
Trader Affirmation CD - recommended by NQoos
Link to book on line:
Suggested readings on Price Action (PA)