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: 1745
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 477
Gender: Male
Contact:

Postby dojirock » Wed Apr 10, 2013 8:37 pm

yes that is right
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
newscalper
rank: 1000+ posts
rank: 1000+ posts
Posts: 1068
Joined: Tue Oct 19, 2010 5:58 pm
Reputation: 5
Gender: Female

Postby newscalper » Wed Apr 10, 2013 10:06 pm

:( How to turn a winning trade into a losing one:
'Close' trade while in profit.
come back to computer some time later to see order didn't go through, trade is still live and now in the red.
Argh :arrow:
:roll:

pariah
rank: 50+ posts
rank: 50+ posts
Posts: 59
Joined: Wed Mar 20, 2013 4:39 pm
Reputation: 0
Gender: None specified

Postby pariah » Thu Apr 11, 2013 1:46 pm

More than 10 pips on this one so far. Combined I'll probably pull closer to 20 when I close.

Supply, fib, sell. x2

easy.
Attachments
1.png
1.png (24.32 KiB) Viewed 617 times

pariah
rank: 50+ posts
rank: 50+ posts
Posts: 59
Joined: Wed Mar 20, 2013 4:39 pm
Reputation: 0
Gender: None specified

Postby pariah » Thu Apr 11, 2013 1:53 pm

You had the same setup on EU.

I picked swiss, as it reacted first. But the EU setup was cleaner.

Demand, Fib, buy.
Attachments
1.png
1.png (18.19 KiB) Viewed 612 times

User avatar
onontsira
rank: 50+ posts
rank: 50+ posts
Posts: 85
Joined: Sun Jan 22, 2012 12:01 pm
Reputation: 3
Gender: Male

Postby onontsira » Thu Apr 11, 2013 2:32 pm

pariah wrote:You had the same setup on EU.

I picked swiss, as it reacted first. But the EU setup was cleaner.

Demand, Fib, buy.


Took it on its way down but failed to take it on its way up... I should maybe remove the BB as it seems to keep me trading in a "box"?... :?
Attachments
eurusdm1511042013.GIF
eurusdm1511042013.GIF (23.2 KiB) Viewed 587 times

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

pariah
rank: 50+ posts
rank: 50+ posts
Posts: 59
Joined: Wed Mar 20, 2013 4:39 pm
Reputation: 0
Gender: None specified

Postby pariah » Thu Apr 11, 2013 2:41 pm

Closed way too early on Swiss. And EU in retrospect, moved twice as far in the same amount of time. :x


Potential setup for EU. I won't trade until price gets up there.

Supply/fib/sell. maybe... :twisted:
Attachments
1.png
1.png (16.29 KiB) Viewed 630 times

pariah
rank: 50+ posts
rank: 50+ posts
Posts: 59
Joined: Wed Mar 20, 2013 4:39 pm
Reputation: 0
Gender: None specified

Postby pariah » Thu Apr 11, 2013 3:29 pm

Stop hunting at its finest.

Waited for reaction after price entered into area. Just sold. Making a few I hope.

The zone was good, I can't account for Stop hunting, and triggering orders prior to the news this morning.
Attachments
2.png
2.png (14.07 KiB) Viewed 612 times

User avatar
onontsira
rank: 50+ posts
rank: 50+ posts
Posts: 85
Joined: Sun Jan 22, 2012 12:01 pm
Reputation: 3
Gender: Male

Postby onontsira » Thu Apr 11, 2013 5:17 pm

Hi guys,

Got a question...

I first make analysis on high TF, and then trade from lower tf... with momentum once high TF candle closes.

At the moment, I trade from M5, with momentum once M30 candle close.

I got lag, that's my problem...

We know that momentum starts on small time frame, and that we are supposed to see it forming and go to an opposite higher TF ZL. I would like to know if it is possible to trade directly "in the wick", without waiting for the candle to be closed. Because if I want to trade H8, for example, instead of M30, and wait for the candle to close, my stop will be very far... (assuming I put my stop beyond the last extreme)

I mean:
1/ find a ZL on H8 for example (instead of M30)
2/ still trade from M5
3/ but more important: now targeting the opposite H8 ZL

Same small risk, but no confirmation...
Bigger RR ratio possible?... don't know if some here manage to trade like this. Is that finally the whole purpose of this concept?

What do you think?

:?:

ps: hope my question is clear enough because english is not my mother tongue :cry: :x

Thank you

pariah
rank: 50+ posts
rank: 50+ posts
Posts: 59
Joined: Wed Mar 20, 2013 4:39 pm
Reputation: 0
Gender: None specified

Postby pariah » Thu Apr 11, 2013 6:12 pm

ono

Momo, zlines, sd occur on any tf. The question is, how much do you want and expect to take.

On smaller tf's you are taking a few, Larger you are taking more.

Dragon said one time ~ price goes from zline to zline. I see it now as price going from s to d, and d to s.

When on higher tf's price will not go straight from s to d or d to s. Dragon in is past charts, bought and sold on his way to h4 zlines, but his larger targets (at the time) were from h4 zline to h4 zline.

I wish i had that chart to show you. Quite the eye opener.

** Started a futures account and scalping the heck outta CL today. Same concepts, only diff - i'm trading on the m1. :twisted:

cwn6161
rank: 150+ posts
rank: 150+ posts
Posts: 276
Joined: Sun Feb 28, 2010 8:05 pm
Reputation: 0
Gender: None specified

Postby cwn6161 » Thu Apr 11, 2013 6:15 pm

What's the benefit to futures?

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


Return to “beginners forum”