A fresh start! Doji's Trading Journal

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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.
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 » 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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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 » Wed May 22, 2013 2:57 am

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

Trades today, done till 9:30 when things calm down...
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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!"

LegendofZline
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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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dojirock
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Postby dojirock » Wed May 22, 2013 7:21 pm

I always, always incorporate 2 time frames into my trading, one for entry and one higher time frame for bias. Thats how I get my best trades. The only time they fail is when I come to the end of a bias run, which no one knows for sure how long a run will be. But keep the losses small and the winners big.
In this case, yes I used a 15 min bias, 5 min entry.

LegendofZline wrote:
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?
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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Jalarupa
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Postby Jalarupa » Wed May 22, 2013 7:23 pm

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


Blame it on Ben Bernanke... he's playing on the markets puppet strings, first saying he's feels that an imminent slow down in QE stimulus would push interest rates up and this would be difficult to handle (considering how leveraged some of these banks are, esp in Euro land). Risk on spike... Then he says that they are considering tapering the pomo and you have what you currently observing as overall dollar strength in the markets.
:smt065

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dojirock
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Postby dojirock » Wed May 22, 2013 7:24 pm

I CRANKED IT TODAY!
Little bit from london, but the rest during New York Session
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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!"

FXfreak
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Postby FXfreak » Wed May 22, 2013 7:37 pm

i had to use my translator to find the correct translation for "crank" :D

=D>

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