A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Tue May 21, 2013 8:24 pm

FX,

I added some zlines on your chart to help the traders that are struggling.
Thanks for posting!
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"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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bettlebox
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Postby bettlebox » Tue May 21, 2013 8:59 pm

I sure poeple seen these video they are very interesting.

http://www.youtube.com/watch?v=Det_muETEiA
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

LegendofZline
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Postby LegendofZline » Tue May 21, 2013 9:26 pm

dojirock wrote:FX,

I added some zlines on your chart to help the traders that are struggling.
Thanks for posting!


Are entries when price wicks the zline without closing beyond?

How about that first trade showed on pic?
What are the process of thought staying in when it closes below marked line?

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dojirock
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Postby dojirock » Wed May 22, 2013 2:25 am

Thats how you spot and enter before the zline even forms. Classic Dragon style. A colorchange, broke by momentum, then a retrace. If we choose to enter the sl is small and our confirmation comes knowing we already have momentum which is needed to form a zline. Its almost like predicting the future, but when we lose, the losses are small. After getting that confirmation zline we know we can ride longer.
Its the same stuff.
Add this to some kind of bias and its powerful.
"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 » Wed May 22, 2013 2:28 am

One more thing, Legend, the entry can be any number of ways... a ema pullback, a rat entry, or just entered in that area of those 2-4 candles.
"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 » Wed May 22, 2013 2:35 am

I marked entry patterns we like to see with a check mark. I didnt use lines just so not to muddy up the chart. Mbar breakout, retrace..enter...
Happens all the time. When your right.
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"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 » Wed May 22, 2013 2:57 am

Wanted to mark up your pic...for you...your on the right track!
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"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 » Wed May 22, 2013 12:39 pm

Trades today, done till 9:30 when things calm down...
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"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 LegendofZline » Wed May 22, 2013 4:28 pm

dojirock wrote:Trades today, done till 9:30 when things calm down...


Was there a bias chosen before taking this?
Is it the red line? Is it the higher 1hr tf?

And when choosing bias are you waiting for candle to close before
Confirming direction? Or are you trading direction once price touches
Area before closing and predicting it will wick?

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Postby FXfreak » Wed May 22, 2013 7:01 pm

+5 for me today. i was up +40 but the hours after london close are slow with some crazy spikes which hit me :-/

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