A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Fri May 17, 2013 11:02 pm

Trades from last night. Using divergence, Momentum trendline break, zlines.
Showing different ways to get the same job done.
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gbpaudm5.png
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gbpaudm5zline.png
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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!"

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Postby judokamak » Sat May 18, 2013 1:27 pm

Thanks Doji for answering, will remember to attach the pics next time. On my chart the potential entries i was asking about were on and before the 1h candle you marked "hourly behind us". I know, that dragon enters with hourly momentum behind, but i was wondering if even more agressive aproach is ok for you at strong 1h/4h z-lines, since i see many cases of instant reactions, when price reaches those zone.

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dojirock
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Postby dojirock » Sat May 18, 2013 10:18 pm

I guess I would say if the R:R is something you can live with. I dont do that anymore due to the amount of times I was wrong was to many for me. :P
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!"

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dojirock
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Postby dojirock » Sat May 18, 2013 10:26 pm

Something I have been working with....
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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!"

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dojirock
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Postby dojirock » Sat May 18, 2013 10:29 pm

Price when reducing down and consolidating.... can only go one way.
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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!"

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Postby dojirock » Sat May 18, 2013 10:30 pm

Holding for just 3-4 candles then closing.
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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!"

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Postby trueblueTEX » Sat May 18, 2013 11:12 pm

dojirock wrote:Holding for just 3-4 candles then closing.

So you are trading through the green candles, then, correct? (I mean the rectangles you've drawn.)

Added: what draws your dots?

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dojirock
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Postby dojirock » Sun May 19, 2013 2:15 am

Fractals are drawing the dots.
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!"

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Postby newscalper » Mon May 20, 2013 1:10 pm

This was initially a tad confusing with the gap and all but now I think is solidly down. entry shown.
Red line is H4 Zline.
Wait for H1 momo...or if you prefer to see it another way, long zline on M15 get shafted and enter.

Essentially looking for higher timeframe supply to hold, lower timeframe demand going into longer term supply to get shafted.

Image

Waiting for similar on EURUSD but the demand is holding atm. What makes that one 'interesting' is that the short is straight into a daily demand area so the jury is out on that one.

If anyone knows how I can get rid of those order lines off the chart which were put on by a stupid EA I was playing with last week that would be great :)

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dojirock
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Postby dojirock » Mon May 20, 2013 3:36 pm

Try deleting objects...see if that will remove them
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!"

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