A fresh start! Doji's Trading Journal

If you don't know where to start, start here! Don't be afraid to ask questions.

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trueblueTEX
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Postby trueblueTEX » Thu Apr 04, 2013 2:54 am

dojirock wrote:G/J...bias down on 30 minute.


Quick question on your bias line (then back to page 146)

I copied your picture and wrote my questions on it:
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dojirock
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Postby dojirock » Thu Apr 04, 2013 2:59 am

Ok True!

Now your starting to think.

Great.

I didnt draw the last two lines due to they were in the past...i just threw the current bias line on the chart.

And
No you cant draw a short bias line before that.

trueblueTEX wrote:
dojirock wrote:G/J...bias down on 30 minute.


Quick question on your bias line (then back to page 146)

I copied your picture and wrote my questions on it:
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!"

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Postby trueblueTEX » Thu Apr 04, 2013 3:03 am

dojirock wrote:...No you cant draw a short bias line before that.


You can't draw them before for the reason I said? or are there other reasons why you "couldn't draw" short bias lines before that?

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dojirock
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Postby dojirock » Thu Apr 04, 2013 3:05 am

No, the reason you said..... you asked a question...I answered it.

lol
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!"

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Postby trueblueTEX » Thu Apr 04, 2013 3:09 am

Another question added to your picture:
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Postby dojirock » Thu Apr 04, 2013 3:12 am

True gets a A!

yes you follow price.
:smt041
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!"

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Postby trueblueTEX » Thu Apr 04, 2013 3:16 am

dojirock wrote:True gets a A!

yes you follow price.
:smt041


I'm glad I didn't have to learn Algebra on a forum!!!

I've been outta school 35 years and I'd still be working on it!!!!

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Postby trueblueTEX » Thu Apr 04, 2013 3:21 am

trueblueTEX wrote:Another question added to your picture:


Ok, your short bias line got wicked 2 times. My short bias line did not.

Does that mean my short bias line could be "activated" if price came up above your short bias line?

Would you have traded the left side of the chart anywhere after my short bias line and BEFORE your short bias line was created?

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Postby dojirock » Thu Apr 04, 2013 3:33 am

When I draw the short bias line it is exactly that and active immediately. Its the bias time frame. Then I drop one or two time frames for entries based on everything we have learned. The bias line wont always get wicked but it can still be traded.

Yes, there was alot of trade opportunities after the bias line on the left.



trueblueTEX wrote:
trueblueTEX wrote:Another question added to your picture:


Ok, your short bias line got wicked 2 times. My short bias line did not.

Does that mean my short bias line could be "activated" if price came up above your short bias line?

Would you have traded the left side of the chart anywhere after my short bias line and BEFORE your short bias line was created?
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!"

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trueblueTEX
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Postby trueblueTEX » Thu Apr 04, 2013 3:58 am

dojirock wrote:Nice markup MO....thanks ....I hoping the lightbulb will go off for a few this week.



I'm struggling here but I think I have a chain in my hand.

Now, just hoping it's to the light and not the flush!! :oops:

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