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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MightyOne
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Postby MightyOne » Fri Apr 05, 2013 10:39 am

That was fun, but I'm not sticking around =) nite.

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LegendofZline
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Postby LegendofZline » Fri Apr 05, 2013 1:06 pm

MightyOne wrote:I hope that you are not "sleep trading" Legend; that is not what professionals do ;)



Hah you caught me....

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dojirock
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Postby dojirock » Fri Apr 05, 2013 4:12 pm

lol, No MO, I read every single one of your post. Actually I read every single one of your post, multiple times. LOL.... We are never finished learning, I believe you said that before. So true. Post away....I hate a boring forum.



MightyOne wrote:Doji is going to kick my a$$ when he sees all of these charts...
I'm trying to keep them to a minimum.

Image
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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MightyOne
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Postby MightyOne » Fri Apr 05, 2013 5:04 pm

The red 3 told me that S/D was LOWER and the 123 series that followed just confirmed that something was down there.

Once again there was strong shorting at the "thumbs up" followed by a decline with a close over the marked S/D (below the red 3).

At this point we were willing to wait for one more candle because the red 3 told us that something was down here.

Price then rocketed back up to the now famous S/D, paused, and then continued up to the target.

-All of the analysis was done on the M30 using body sizes to feel for S/D.
-I did not look at a higher/lower chart or use Space.
-I just entered based on Legends analysis and then showed how you feel for S/D in real time.

Short term trading is stressful, you have to make decisions in real time without being influenced by every negative candle.

I was doing nothing but planning ahead, for 7.5 hours, asking "what do I expect & what would be unexpected"; if I plan for it, even if it is negative, then I am not impacted by negative emotions.

Image


I hate this pair =)

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dojirock
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Postby dojirock » Fri Apr 05, 2013 5:42 pm

2 nice trades on usd/cad
both based on 15 min zlines.
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usdcadm30.png
usdcadm30.png (28.92 KiB) Viewed 2852 times
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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dojirock
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Postby dojirock » Fri Apr 05, 2013 5:50 pm

Same thing, Have a line of entry planned.
Get confirmation on lower time frame.
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usdcadm5.png
usdcadm5.png (36.41 KiB) Viewed 2847 times
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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MightyOne
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Postby MightyOne » Fri Apr 05, 2013 6:20 pm

dojirock wrote:Same thing, Have a line of entry planned.
Get confirmation on lower time frame.


And then they realized that trading is easy... :shock:
when they don't fight price. :oops:

FXfreak
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Postby FXfreak » Fri Apr 05, 2013 7:23 pm

hi doji, this is my trade from today.

i entered one candle after the arrow near the zline on a smaller tf.

i lost the trade. my question is: where is the zline which showed me that bias changed from long to short? where would you have placed your stop? where would you have closed the trade (was there an indicator for you to close the trade before sl was hit)?



thanks and have nice weekend!

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Postby trueblueTEX » Fri Apr 05, 2013 8:14 pm

dojirock wrote:2 nice trades on usd/cad
both based on 15 min zlines.


Hey doji, looking at this chart it looks like the zline was defined way to the left of the chart beyond the left edge.

could you put up a chart and mark
1) at what time you drew the zline (what was the last existing candle before you drew the zline)
2) and show where the zline was "defined"?

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dojirock
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Postby dojirock » Fri Apr 05, 2013 8:46 pm

Hi guys,

Please attach pics as files so I can download them and mark them up, its much easier. My eyes are getting terrible..lol

If I understand your comment, you said you dropped down a time frame to take an entry? This means that this pic , the hourly, is your bias screen. You tried to take a countertrend. I will post a screen shot in a bit to show the breakdown just as I would have traded it.

Hey heres an idea, you guys that got it this week...draw it up and give your perspective too....




FXfreak wrote:hi doji, this is my trade from today.

i entered one candle after the arrow near the zline on a smaller tf.

i lost the trade. my question is: where is the zline which showed me that bias changed from long to short? where would you have placed your stop? where would you have closed the trade (was there an indicator for you to close the trade before sl was hit)?



thanks and have nice weekend!
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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Thank you for your support.


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