A fresh start! Doji's Trading Journal
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newscalper
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dojirock
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yes if i took a trade there...and I may have lost. your correct.
Im saying there should not be a short zline there....it doesnt qualify as a continuation short zline. The CC did not close below the line.
Im saying there should not be a short zline there....it doesnt qualify as a continuation short zline. The CC did not close below the line.
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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dojirock
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Look at my G/U chart. From the point my purple short zline is drawn, there is only that one and one blue zline. Not because that is all I have drawn, but because that is all there are.
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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dojirock
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ah....maybe here lies the problem.
Your long bias is the break of the bottom line...not the one you have marked. And yes...just looking at the CC's I would be thinking shorts there. It doesnt mean I would not drop to a lower time frame for confirmation.
Let me mark up a cc for ya....
Your long bias is the break of the bottom line...not the one you have marked. And yes...just looking at the CC's I would be thinking shorts there. It doesnt mean I would not drop to a lower time frame for confirmation.
Let me mark up a cc for ya....
newscalper wrote:
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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newscalper
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dojirock wrote:yes if i took a trade there...and I may have lost. your correct.
Im saying there should not be a short zline there....it doesnt qualify as a continuation short zline. The CC did not close below the line.
Sorry Doji, hehe. you've completly lost me. You've said you shouldn't be short and you should be short in the space of about 2 posts. Also that a CC does not close over the line when clearly there's a big red ?CC closing over the line. i just don't get it.
](https://www.kreslik.com/forums/images/smilies/eusa_wall.gif "Brick wall")
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dojirock
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ah ok...yes..you are correct.
onontsira wrote:No. The 3rd from the bottom is correct. If you count down 3 from the top ignoring the one that runs off the left side of the pic.....is the one that is not.
I meant that the 3rd from the bottom "was" correct but is now not correct because of the green candle going through it. I hope I'm correct
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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newscalper
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dojirock
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News, no problem... I don't give up easy.
When you drew a bottom zline, I said that it wasnt a valid zline at all. Not long or short. I would have never drawn a line there.
If you remove that line completely then I would not have a problem with that chart as to how I see bias. I am strictly talking about bias zines on the 90 min...not the candles.
Here is a 90 min CC with all the valid zlines. When I say valid, I mean the only ones I would draw. Not hindsight...but live....the only ones.
See if this helps.
When you drew a bottom zline, I said that it wasnt a valid zline at all. Not long or short. I would have never drawn a line there.
If you remove that line completely then I would not have a problem with that chart as to how I see bias. I am strictly talking about bias zines on the 90 min...not the candles.
Here is a 90 min CC with all the valid zlines. When I say valid, I mean the only ones I would draw. Not hindsight...but live....the only ones.
See if this helps.
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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!"
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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