A fresh start! Doji's Trading Journal
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- trueblueTEX
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dojirock wrote:Like pariah I love the 30 min time frame.....
Take your zline...it is your bias, your fortress untill it is broken by the hourly time frame. What is broken? Let me count the interpetations...lol Its a close over that zline....
Its a close over that zline by the hourly candle....Its not a close over that line by a 30 minute or less, that will be or could be the wick to draw you in. Its not anything hourly or above that crosses that zline without closing across it.LegendofZline wrote:dojirock wrote:Unless that is a very quick scalp, its dangerous trading int ot the hourly zline there going short. I would have put my stop there and been long. But I realize we all trade different time frames.LegendofZline wrote:I will do this challenge. But first what you think
First found bias
Lower tf find entry when above ema
Thanks for any input
Thanks for pointing out to whats at the the left of me. Cant
Believe I didnt see that
If a red 1hr bar closed over the green 1hr mbar would short be more inticing?
Hey doji
Like I said in my post earlier I don't recall the word "bias" being used so much until the last few days.
It sounds like 'bias' is what MO refers to as chart analysis on a higher TF chart but entry on a lower TF chart. Hopefully I'm not misrepresenting MO
So, if m30 is your bias chart, are you entering off of PA from m5 or m15?
- trueblueTEX
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- dojirock
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Next step.
Remember I am only talking bias.
All my short zlines are ONLY drawn from bullish candle opens.
All my short zlines are ONLY drawn from green candle opens.
All my short zlines are ONLY drawn from UP candle opens.
All my long zlines are ONLY drawn from bearish candle opens.
All my long zlines are only drawn from red candle opens.
All my long zlines are only drawn from DOWN candle opens.
I am talking about bias on a given time frame.
Remember I am only talking bias.
All my short zlines are ONLY drawn from bullish candle opens.
All my short zlines are ONLY drawn from green candle opens.
All my short zlines are ONLY drawn from UP candle opens.
All my long zlines are ONLY drawn from bearish candle opens.
All my long zlines are only drawn from red candle opens.
All my long zlines are only drawn from DOWN candle opens.
I am talking about bias on a given time frame.
It always takes Momentum to break Momentum!
"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!"
"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!"
- dojirock
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True,
Yes, in this scenario your exactly right...my entry time frame would be less than the 30 minute.
The whole reason for this discussion is that there seemed to be alot of frustration of why I took trades in one spot and not on another. It is due to my bias. You must know or have a bias in mind before you take a trade or your just gambling.
Yes, in this scenario your exactly right...my entry time frame would be less than the 30 minute.
The whole reason for this discussion is that there seemed to be alot of frustration of why I took trades in one spot and not on another. It is due to my bias. You must know or have a bias in mind before you take a trade or your just gambling.
trueblueTEX wrote:dojirock wrote:Like pariah I love the 30 min time frame.....
Take your zline...it is your bias, your fortress untill it is broken by the hourly time frame. What is broken? Let me count the interpetations...lol Its a close over that zline....
Its a close over that zline by the hourly candle....Its not a close over that line by a 30 minute or less, that will be or could be the wick to draw you in. Its not anything hourly or above that crosses that zline without closing across it.LegendofZline wrote:dojirock wrote:Unless that is a very quick scalp, its dangerous trading int ot the hourly zline there going short. I would have put my stop there and been long. But I realize we all trade different time frames.LegendofZline wrote:I will do this challenge. But first what you think
First found bias
Lower tf find entry when above ema
Thanks for any input
Thanks for pointing out to whats at the the left of me. Cant
Believe I didnt see that
If a red 1hr bar closed over the green 1hr mbar would short be more inticing?
Hey doji
Like I said in my post earlier I don't recall the word "bias" being used so much until the last few days.
It sounds like 'bias' is what MO refers to as chart analysis on a higher TF chart but entry on a lower TF chart. Hopefully I'm not misrepresenting MO
So, if m30 is your bias chart, are you entering off of PA from m5 or m15?
It always takes Momentum to break Momentum!
"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!"
"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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- trueblueTEX
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- dojirock
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No.
My zline is my bias until broken by a hourly candle.
You trade away from your zline until this happens.
My zline is my bias until broken by a hourly candle.
You trade away from your zline until this happens.
It always takes Momentum to break Momentum!
"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!"
"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!"
- newscalper
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- dojirock
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Nice charts News.
Looking at the m90 as a bias, the 3rd line from the top is not a zline.
Nor is the very bottom one.
The rest you have nailed it. Per my zline criteria...
Once you have a bias....entry becomes alot less important
Looking at the m90 as a bias, the 3rd line from the top is not a zline.
Nor is the very bottom one.
The rest you have nailed it. Per my zline criteria...
Once you have a bias....entry becomes alot less important
It always takes Momentum to break Momentum!
"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!"
"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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Thank you for your support.
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