mdsea,
Nice trading! If this is how you can see it, fine. Its working for you. You are right on to Dragons trading style. He is a friend of mine. I always had trouble seeing exactly the same way he did. Then one day, looking at the exact same chart I noticed that a certain pattern happens at every trade from not only your chart above, but from everyone of Dragons charts. He doesnt forum trade anymore, but everything you need to know is here. I added my understanding of history, which enabled me to see it. If your consistant with this, stick with it, over and over again. Some use semafores also...everyone finds there own way, its about observing and seeing something you can relate to your style of understanding...good job!
Here is a more recent chart dragon has put his stamp of approval on, observe....you know zlines, momo, and history did it for me....
as far as filling up the forum, fill away...thats why were all here...to learn..
dojirock
A fresh start! Doji's Trading Journal
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- dojirock
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These are all trades based on history....not current trend, not 50 percent, not momo in the current trend..... much easier for some to see.
Another way to see, the traders losing profits!
dojirock
Another way to see, the traders losing profits!
dojirock
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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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- dojirock
- rank: 1000+ posts
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totem,
I was trying to show the methodical traders the setups and entries based on certain entry criteria. Once one learns the basics there is a whole world of additional things you will start to notice and become more evolved as a trader every day. So following the criteria of that chart...they did not meet it.
(discipline) This was a example of Dragons basic way of trading. Mine has evolved to basing trades on what I call history. It just so happens alot of what I do falls in the same area.
dojirock
I was trying to show the methodical traders the setups and entries based on certain entry criteria. Once one learns the basics there is a whole world of additional things you will start to notice and become more evolved as a trader every day. So following the criteria of that chart...they did not meet it.
(discipline) This was a example of Dragons basic way of trading. Mine has evolved to basing trades on what I call history. It just so happens alot of what I do falls in the same area.
dojirock
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!"
Here's my setup I am looking at... The purple fib is a Red 4hr momo but hasn't shown any slowing down on the 1hr. But once it does I will be looking to go short. But for now I am looking at arrow which is a 15min rat trade to check mark opposite 1hr zline and 4hr zline. 1hr setup
Going to sleep.........
Ive been watching the candles for an hr. Doesn't look to good
Going to sleep.........
Ive been watching the candles for an hr. Doesn't look to good
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