A fresh start! Doji's Trading Journal
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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
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
- 1.png (19.69 KiB) Viewed 3581 times
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.
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.
- Attachments
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- 1.png (18.22 KiB) Viewed 3577 times
- dojirock
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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.
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.
- Attachments
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- eurusdm15.png (29.87 KiB) Viewed 3631 times
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- eurusdm30.png (35.72 KiB) Viewed 3631 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!"
"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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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
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
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!"
cwn6161 wrote:So many ways to skin that pip cat. What method helps you SEE where price stalls and reverses, or stalls and blasts forward again?
Good read, good read...
I would add that, because of the prev. strong rise in price & your bottom 1-2-3 looked like perfect resistance, you should buy immediately.
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pariah wrote: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.
Pariah I will sum up what I see both in the charts and what's actually happening with traders emotions... Thanks Please let me know if this is not close of what you are seeing and doing.
So when we see price jump with momentum you are marking up the past s/d that are closed over. You wait for the price to hit these areas... and watch for rejection
So what actually is happening is we see price jump with momentum that is showing people are being zeroed out... So when people are finding themselves behind the trade they are getting zeroed out... So traders that were up are now just trying to get out the trade by having zero or small lost... forcing the price to continue on
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