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: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Tue May 14, 2013 4:21 am

On the e/j trade my stop is 131.76....going to bed...we will see how it turns out!
"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
trueblueTEX
rank: 500+ posts
rank: 500+ posts
Posts: 532
Joined: Mon Apr 12, 2010 4:38 pm
Reputation: 0
Gender: None specified

Postby trueblueTEX » Tue May 14, 2013 6:42 am

dojirock wrote:Its on mt4 at the top, insert, indicators, oscillators, momentum...... :D :D


A built-in!!! :smt102

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Tue May 14, 2013 11:36 am

Well the E/J was a 5 min setup. Not the best trade setup to go to bed for the night. lol stopped out at 34ish.

The USD/CHF worked out nice, 15 min setup. +55
Attachments
usdchfm15.png
usdchfm15.png (83.69 KiB) Viewed 273 times
"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!"

judokamak
rank: 50+ posts
rank: 50+ posts
Posts: 101
Joined: Mon Jan 09, 2012 9:20 am
Reputation: 0
Gender: None specified

Postby judokamak » Tue May 14, 2013 1:01 pm

You are right Doji, indies can be helpfull..



User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Tue May 14, 2013 1:46 pm

Whatever it takes to be successful!
If something isn't working, change it till you find the sweetspot.
Then repeat!
:D
"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
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Tue May 14, 2013 2:27 pm

When looking at new indis:

1. Throw it on some charts and see if it has potential..

2. Study the formula that any of those indi's are using and make sure it makes sense. A lot of those indi's I look at the code and see the gest of the formula and it makes no sense at all.

3. Toss out 95% of the indi's that you look at, because most make no sense and are garbage.
Life is just a journey

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Tue May 14, 2013 3:43 pm

Done for now... A good day!
Attachments
audusdm15.png
audusdm15.png (66.03 KiB) Viewed 233 times
"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
newscalper
rank: 1000+ posts
rank: 1000+ posts
Posts: 1068
Joined: Tue Oct 19, 2010 5:58 pm
Reputation: 0
Gender: Female

Postby newscalper » Tue May 14, 2013 5:25 pm

How that supposed to work then Doji? If you draw a line on the momentum or any other indi when on H1 or M30 and, as at the moment can see that it's currently clearly miles above the line, then drop to m5 and it will often be below it because Mt4 doesn't keep everything to the same scale in the lower windows?
Image

Image

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Tue May 14, 2013 6:10 pm

Your right news, I dont switch time frames while looking at the trendline on the indi. If I do drop a time frame its to look for pure price action to use as a confirmation.

Remember best trades are always confirmed in one way or another.
"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: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Tue May 14, 2013 6:11 pm

Just by observing also, what can you tell about the 5 min chart vs the 15 min chart?
"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”