A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Wed Apr 24, 2013 5:08 pm

Yes, on a higher time frame, a break of a zline. So if on the hourly price breaks a short zline, I trade long away from that zline on a smaller time frame.

easy!
"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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Postby newscalper » Wed Apr 24, 2013 6:12 pm

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Postby LegendofZline » Thu Apr 25, 2013 4:54 am

Just took this. Any insight why its wrong or right...
I see a zline short that price closed over...
Target couldn't find anything so just set it at a price where Im hoping itll hit..
Maybe I will go up a couple tf to find nearest zline short.
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dojirock
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Postby dojirock » Thu Apr 25, 2013 5:09 am

Other than your stop being big, your right the zline was broke. I would be curious to see if the 2hr or 4 hr is going to pop back down. If it doesn't I will be long all over it....
"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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Postby judokamak » Thu Apr 25, 2013 6:37 am

doji, i ve read your thread twice, i know you are using a version of space for your MM, Injecting profits into SL. Would you mind explaining a bit this subject? How do you increase you lot? After reaching certain % of + ?

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Postby arkan1976 » Thu Apr 25, 2013 9:49 pm

Hello Doji and all.
Please, is this correct for sell ?

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dojirock
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Postby dojirock » Fri Apr 26, 2013 5:18 am

Hi Arkan,

Yes the 15 min has a broken up zline & a bearish zline zone. I would be shorting that there on the retrace to the line.
Nice charting!
arkan1976 wrote:Hello Doji and all.
Please, is this correct for sell ?

Image

Image

Image
"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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Postby onontsira » Fri Apr 26, 2013 10:06 am

dojirock wrote:Hi Arkan,

Yes the 15 min has a broken up zline & a bearish zline zone. I would be shorting that there on the retrace to the line.
Nice charting!
arkan1976 wrote:Hello Doji and all.
Please, is this correct for sell ?

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Hi Arkan and Doji,

I understand what you do but this way is very confusing for me because you "pyramid" timeframes (in order to confirm on H1 and then confirm on M15) and that makes the zone bigger, so that it becomes difficult for me to place my SL (as tight as possible).

I would do it this way (assuming price is the same on all TF and that a ZL is often located in the same area on every TF). What do you think?
Attachments
m15zleurjpy25042013.GIF
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h4zleurjpy25042013.GIF
h4zleurjpy25042013.GIF (74.97 KiB) Viewed 397 times
Last edited by onontsira on Fri Apr 26, 2013 10:35 am, edited 2 times in total.

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Postby onontsira » Fri Apr 26, 2013 10:13 am

and this way if I want a "fresh" ZL (I mean being active AFTER H4 candle close)...
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onontsira
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Postby onontsira » Fri Apr 26, 2013 10:17 am

In fact, I try to trade this way (as Captain Pugwash explained on page 109), and always think "where this move originate from?"
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