A fresh start! Doji's Trading Journal

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Dan
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Postby Dan » Sun Mar 31, 2013 6:45 am

newscalper, I have the same problem as you and its because you over analyze as do I. Not until I saw this pic (Thanks Dragon) did I overcome my problems of being blind to whats really happening. If you only look at the bodies of the 1hr and only the wicks of the 15min you'll see where the real momentum is and where the rejection at sup/dem levels.

I just can't see the things doji sees on a naked chart, I see zlines everywhere and get confused with direction. I need my 1hr overlay and you have to do what works for you.

The second Pic might help you also.

Hope this helps.


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Dan
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Postby Dan » Sun Mar 31, 2013 11:18 am

Same chart with 1hr momentum makes it easier to see...

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dojirock
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Postby dojirock » Mon Apr 01, 2013 4:39 am

Since the vertical line, these are the only 3 zlines that matter to me.
They are the only ones that tell me im short bias. I will not be long bias until price on the 15 min closes above one of them.

Nice work Dan. Everyone learns to see price in there own way. I'm not even going to draw my lines on your charts...they are there but in different places. i trade exactly like dragon, but a little more conservative.

Dan please keep posting...you may provide the link for News.
It only takes things being said just the right way for someone to have there big ahh haa moment.
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"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

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dojirock
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Postby dojirock » Mon Apr 01, 2013 10:51 am

Update this morning....
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"A small loss is just as satisfying as a large gain" -MO

"Sometimes we need to stop learning and start thinking...."

"Once you stack, you'll never go back!"

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dojirock
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Postby dojirock » Mon Apr 01, 2013 10:56 am

Again, these green lines are the only zlines...not selective zlines. as per how define them. How many happen to be momo breakouts by the 2x size rule? On a 15 min chart, probably all of them but I drew these off a 5 min chart to show I don't use that 2x rule in my lines.
I use momentum. What might need to be refined is your zline terminology or what momentum actually is or looks like.
"A small loss is just as satisfying as a large gain" -MO

"Sometimes we need to stop learning and start thinking...."

"Once you stack, you'll never go back!"

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MightyOne
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Postby MightyOne » Mon Apr 01, 2013 4:56 pm

dojirock wrote:Update this morning....


And here is how it looks with one line:

Image


Finally, something that I can actually teach my mother

:lol:

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newscalper
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Postby newscalper » Mon Apr 01, 2013 10:07 pm

Ah Doji :D
Right, yes, maybe have it re how you're drawing your z-lines - it's what we were talking about before.
Thanks m8.

Need to do some more observation of this now.
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dojirock
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Postby dojirock » Tue Apr 02, 2013 12:07 am

update...still short...no reason to long...none at all...yet.
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"A small loss is just as satisfying as a large gain" -MO

"Sometimes we need to stop learning and start thinking...."

"Once you stack, you'll never go back!"

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dojirock
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Postby dojirock » Tue Apr 02, 2013 12:08 am

Hi mo,
Ok do say...

I see the 1 ema.....I see the 1/3 marks form highs to lows per candle..

Can you list the remaining steps, for your lines?

Thanks!
"A small loss is just as satisfying as a large gain" -MO

"Sometimes we need to stop learning and start thinking...."

"Once you stack, you'll never go back!"

cwn6161
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Postby cwn6161 » Tue Apr 02, 2013 12:38 am

Hey all...its been a while. I've got some time again to refocus myself on currencies, may ask some questions as i read through your journey doji.

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