A fresh start! Doji's Trading Journal

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bettlebox
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Postby bettlebox » Tue May 21, 2013 2:44 pm

Hi news

nice to see you are still here.

BB

newscalper wrote:BB - I know. And I reiterate I know.

I've also seen the article before, seen the film, read the book
:shock:

Tell me where it is in Seiden's philosophy to trade into (i.e. fade) the gap? Does he not say that it is a novice way to trade? Am I saying to fade the gap or do the complete opposite????? These are rhetorical questions

Which way was price moving on that chart prior to the gap? Is it at the start or end of a move? These are rhetorical questions.

Price move up, gap down at start of move = ??? Supply? This is a rhetorical question.

There's also a HUGE difference between a gap that occurs midweek and one when your charting starts on a Sunday.

Board members at Kreslik. Please don't start talking down to me again LOL. Only a few weeks ago half of you were still trying to trade momo bars back to front (as I was) so please...don't.
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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newscalper
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Postby newscalper » Tue May 21, 2013 2:58 pm

BB :lol:

Yeah, thanks

:D :D :D

you to you to.

How's the trading been going recently anyway??

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dojirock
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Postby dojirock » Tue May 21, 2013 3:03 pm

DARN!!!

Missed this beautiful trade...forgot to turn off my Autozero bot...lol
Got in, and it took me right out when I walked a way....
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usdjpym5.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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dojirock
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Postby dojirock » Tue May 21, 2013 3:05 pm

great to see you back BB

feel free to post some more charts, you have been nailing it!
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 » Tue May 21, 2013 3:08 pm

See if I get a second chance?
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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 » Tue May 21, 2013 3:33 pm

Love this pair!
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usdjpym5.png
usdjpym5.png (30.46 KiB) Viewed 2588 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!"

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newscalper
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Postby newscalper » Tue May 21, 2013 4:03 pm

Doji - are you taking that purely on that 5 minute line or are you considering, for example the H1 which broke out to the upside but failed to create a line (H1 closed back below it)?

Ah, maybe I see it now - failure of 15 minute line followed b the pullback and failure of 5?

I'm long cable atm on a pure punt lol
Last edited by newscalper on Tue May 21, 2013 4:52 pm, edited 1 time in total.

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Jalarupa
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Postby Jalarupa » Tue May 21, 2013 4:32 pm

newscalper wrote:BB - I know. And I reiterate I know.

I've also seen the article before, seen the film, read the book
:shock:

Tell me where it is in Seiden's philosophy to trade into (i.e. fade) the gap? Does he not say that it is a novice way to trade? Am I saying to fade the gap or do the complete opposite????? These are rhetorical questions

Which way was price moving on that chart prior to the gap? Is it at the start or end of a move? These are rhetorical questions.

Price move up, gap down at start of move = ??? Supply? This is a rhetorical question.

There's also a HUGE difference between a gap that occurs midweek and one when your charting starts on a Sunday.

Board members at Kreslik. Please don't start talking down to me again LOL. Only a few weeks ago half of you were still trying to trade momo bars back to front (as I was) so please...don't.

Sorry, I write a LOT of rhetorical questions and I don't think, a lot of the time, people on here read them as such.


Dude you should relax a little...

No-one is talking down at you... Gaps generally get filled... it's what they do.
At least in my observations of the various pairs and crosses... generally if price doesn't fill in a gap you would find that it had filled in a gap on a cross pair... I agree completely with your statement regarding supply and price moving in a certain direction...

But if you think about it in terms of momo... what is a gap, but momo?

So we trade the mighty zone or zline of that momo... case in point the EJ...

Image


I am by no means chewing you out, I'm just trying to help... heaven knows I get hammered with the best of them... but that's this game... it teaches you to get tough and learn from your mistakes...

I really like losing because I know that it's a lesson bringing me closer to a fuller realization of how sentiment moves the market...that realization will aid me in overcoming repetition...

I think Einstein said that the definition of madness is doing the same thing and expecting a different result...
:smt065

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bettlebox
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Postby bettlebox » Tue May 21, 2013 5:04 pm

Hi Doji

Thanks, hope your well mate. :).

News

Its going well, since xmas i have been working on methodically going through different things to prove myself if they worth doing or not. Now im through that and chopped all the dead weight and gained more experience, im getting a steady rise in executed trades and equity.

Dont get me wrong i had some really crap periods, it hasnt been plain sailing for me. I got alot respect for what others must of gone through and/or going through now.

My problems now stem from me executing my trade plan correctly im learning what triggers my frustration, distress and over confidence when trading. These are becoming less and less the more i learn about myself.

I can honestly say i still got alot to learn.
BB
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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newscalper
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Postby newscalper » Tue May 21, 2013 5:07 pm

That sounds wikkid m8, sounds like you're making real progress :D

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