A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Mon Apr 08, 2013 6:58 pm

I follow price...it tells me while in a retrace to up zline that there will be short zlines. If there is enough space I trade back to the bias zline.
Then it broke...stay in for longer run...or just wait till it breaks then enter short...
"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 » Mon Apr 08, 2013 7:00 pm

It is very possible to just trade one time frame after you get used to following price... then you always know what direction your heading.
"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 » Mon Apr 08, 2013 7:06 pm

2CC chart is on the 15 min charts.

All it is doing is combining every two candles as one which would be a 30 min candle in this case.

If you do it on a 5 min chart you end up with a 10 min view.
If you use 3cc then its 3 candles combined
"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!"

pariah
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Postby pariah » Tue Apr 09, 2013 4:07 am

LOL

Doji, to be perfectly honest. Forex trading is quite possibly the most frightening thing to do.

I really do envy your ability to take trades without hesitation and confidence.

Trust me when price goes against me even just a bit, my stomach starts to turn. lol


Again, Mr. Doji, thanks for all your help.

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Postby cwn6161 » Tue Apr 09, 2013 4:10 am

waiting for long term trades is boring. many patterns are being created in the next day or two i think

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Postby LegendofZline » Tue Apr 09, 2013 4:49 am

Any help would be great.

So step 1 find zline on 30. Check after price fails

Step 2 find mbar on higher timeframe to get for further confirmation. vertical line...

So after these steps what are we looking for

a test in area in 30min zline and 1hr with a fail.
Then entry would be broken shorts on 15min...

I am not trading real money anymore til I have a full grasp... this is all analysis
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Step 1 and 2
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pariah
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Postby pariah » Tue Apr 09, 2013 4:57 am

Legend,

Zline taken from previous supply Mar 25. That is why you see an early reaction in price.

I'm waiting for momo and zline confirmation up, before I buy.

This may be Supply becoming demand...


I always try to apply the WickDoll principle.

'Bodies show the way, wicks show not the way' Momo, wicks at zline. Trade with momo.
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cwn6161
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Postby cwn6161 » Tue Apr 09, 2013 5:06 am

So many ways to skin that pip cat. What method helps you SEE where price stalls and reverses, or stalls and blasts forward again?
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dojirock
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Postby dojirock » Tue Apr 09, 2013 5:07 am

So far so good Legend.

This is the same chart showing long bias.
Im short to countertrend.
See how on the 15 min there are no long zlines, only short ones.
We need to see how far price will retrace.
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eurusdm30.png
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"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 » Tue Apr 09, 2013 5:11 am

Now do I jump long when I get a long zline on 15 min?
I like to see a broken short zline. Thats easier to pull the trigger for a long because its with the bias and takes momentum to happen
"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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