If something isn't working, change it till you find the sweetspot.
Then repeat!
A fresh start! Doji's Trading Journal
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dojirock
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Whatever it takes to be successful!
If something isn't working, change it till you find the sweetspot.
Then repeat!
If something isn't working, change it till you find the sweetspot.
Then repeat!
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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PebbleTrader
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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.
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
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newscalper
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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?
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dojirock
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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.
Remember best trades are always confirmed in one way or another.
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!"
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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newscalper
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OK 
So you're not using it MTF in that way.
Between 5 and 15 right now?
Hmm
I see zlines broken on both saying down and new down zones forming on both but imo its a pullback and am waiting for the long. Or if you're talking about Stochs, the shorter TFs lead the larger as you would expect.
Apart from that dunno. LOL. Ultimately been wrong on direction 3 times today but had three winning trades of it. Just wished Id have staying in the big long rather than getting out earlier on.
So you're not using it MTF in that way.
Between 5 and 15 right now?
Hmm
I see zlines broken on both saying down and new down zones forming on both but imo its a pullback and am waiting for the long. Or if you're talking about Stochs, the shorter TFs lead the larger as you would expect.
Apart from that dunno. LOL. Ultimately been wrong on direction 3 times today but had three winning trades of it. Just wished Id have staying in the big long rather than getting out earlier on.
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dojirock
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Yea, use the 15 or higher...gets you the viotility you need to make some money and confirmation can come from 5 min zlines...or whatever....
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!"
-
dojirock
- rank: 1000+ posts
- Posts: 1922
- Joined: Tue Nov 17, 2009 10:11 pm
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Here is a good example. Could have been long on USD/JPY all day....
It was nice...
It was nice...
- Attachments
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- usdjpym15.png (66.63 KiB) Viewed 3953 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!"
-
newscalper
- rank: 1000+ posts
- Posts: 1068
- Joined: Tue Oct 19, 2010 5:58 pm
- Reputation: 7
- Gender:
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