A fresh start! Doji's Trading Journal

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

Moderator: moderators

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Tue Apr 09, 2013 5:42 am

Legend,

Try this out, now this is simplicity.

Draw zlines, Trade it when it breaks.

To trust it is to observe.
How many different things do you notice. Don't rely on anything that you would only see in hindsight.
Attachments
eurusdm15.png
eurusdm15.png (37.82 KiB) Viewed 2686 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!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6055
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 560
Gender: Male

Postby MightyOne » Tue Apr 09, 2013 5:47 am

All three charts are the same time frame:

Image


In 2xCC, two 30 minute charts is a 15 minute chart because you get an open on one chart or the other every 15 minutes.
Last edited by MightyOne on Tue Apr 09, 2013 5:55 am, edited 1 time in total.

LegendofZline
rank: 150+ posts
rank: 150+ posts
Posts: 200
Joined: Tue Jan 15, 2013 2:43 am
Reputation: 60
Gender: None specified

Postby LegendofZline » Tue Apr 09, 2013 5:48 am

dojirock wrote:short zlines


So after we have 30min bias is long

On the 15 you are trading countertrend trade back towards the 30min bias when zline is formed on 15min and fails...

You marked up the zlines going down i see those.. I missed those trades..

So now I am only looking for a trade up?
But for you to trade back up you are looking to find price break the 15min zlines that were going down with a mbar

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Tue Apr 09, 2013 5:56 am

Im with ya mo...
Gonna watch these for a few weeks!
Attachments
eurusdm15mo.png
eurusdm15mo.png (41.33 KiB) Viewed 2701 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!"

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6055
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 560
Gender: Male

Postby MightyOne » Tue Apr 09, 2013 5:57 am

Grats on your 20 pips today dojirock :)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

LegendofZline
rank: 150+ posts
rank: 150+ posts
Posts: 200
Joined: Tue Jan 15, 2013 2:43 am
Reputation: 60
Gender: None specified

Postby LegendofZline » Tue Apr 09, 2013 5:58 am

dojirock wrote:Legend,

Try this out, now this is simplicity.

Draw zlines, Trade it when it breaks.

To trust it is to observe.
How many different things do you notice. Don't rely on anything that you would only see in hindsight.


When price breaks zline that are marked. Price moves away from zline marked.

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Tue Apr 09, 2013 6:01 am

I trade broken zlines!

Depends how you see the chart.
Look at my drawing, one could say I am trading away from zlines below me, with them. OR
one could also say I take trades when a opposite zline breaks.

Both are right.
Right now I am trading short because I know all broken long zlines will retrace some. Im in a countertrend.
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!"

LegendofZline
rank: 150+ posts
rank: 150+ posts
Posts: 200
Joined: Tue Jan 15, 2013 2:43 am
Reputation: 60
Gender: None specified

Postby LegendofZline » Tue Apr 09, 2013 6:02 am

MightyOne wrote:All three charts are the same time frame:

Image


In 2xCC, two 30 minute charts is a 15 minute chart because you get an open on one chart or the other every 15 minutes.


Before prices move you can see in the two 2cc charts they both had momentum behind them? I am a novice mo...

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Tue Apr 09, 2013 6:03 am

thanks mo!

You know i wont stop yet today....lol
too easy.



MightyOne wrote:Grats on your 20 pips today dojirock :)
:D
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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Tue Apr 09, 2013 6:05 am

LegendofZline wrote:
dojirock wrote:Legend,

Try this out, now this is simplicity.

Draw zlines, Trade it when it breaks.

To trust it is to observe.
How many different things do you notice. Don't rely on anything that you would only see in hindsight.


When price breaks zline that are marked. Price moves away from zline marked.
Laugh_Smile
YEP!
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!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”