A fresh start! Doji's Trading Journal

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Karma
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Postby Karma » Fri May 24, 2013 2:31 pm

newscalper wrote:
Karma wrote:
newscalper wrote:Charts re what I was talking about.

Image

Top line is weekly/daily bottom current H4
Image

Image


Image

Now I have to say I didn't trade this one, this is just what I would be seeing

Trading pure price action. It hits the 4h "something" is rejected a little and then plummets down. If it's not trading up it's going........

As far as that particular something is concerned

Image

I don't even see it on the chart


[highlight=red]just because there is "something" in the way

doesn't mean that price can't break it[/highlight]


Which as I said blows the entire theory of looking at higher TF zones as point of entry out of the water unless they are failed ones.


Is it a problem if they fail? You can trade them when they don't fail too

I actually assure you on that



Because we are just drawing lines on a chart, no one else knows they are there. So I don't draw them, then I don't expect reaction at something that may or may not exist

I look for a reaction and trade away from whatever caused it

just because I know where to expect a reaction doesn't mean I blindly believe I'll get one

and some times the reaction signals that it's going to break through said area

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newscalper
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Postby newscalper » Fri May 24, 2013 2:46 pm

Out
Image

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newscalper
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Postby newscalper » Fri May 24, 2013 2:53 pm

Back in short 1/2 size on the 1min chart, which is optimistic :lol:
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Postby newscalper » Fri May 24, 2013 4:12 pm

And out again, small profit, see how it reacts to the 5min line again

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Postby LegendofZline » Fri May 24, 2013 5:00 pm

Dbl post
Last edited by LegendofZline on Fri May 24, 2013 5:25 pm, edited 1 time in total.

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Postby LegendofZline » Fri May 24, 2013 5:00 pm

Doji is this another way of looking at it...

15Min zline break by closing below with a 15min rwd candle

When that occurs look into 5Min ema above entry trigger?
The blue ema is hard to see. But the price is above ema where red arrow is located.

Just trying to find the simplest way of what your showing...

Thanks again
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Postby dojirock » Sat May 25, 2013 6:37 am

Yes, Thats it. I have showed it with the ema, with the BB, with the zline indi, the macd....lol

simplest form, you got it...nice!

doji

LegendofZline wrote:Doji is this another way of looking at it...

15Min zline break by closing below with a 15min rwd candle

When that occurs look into 5Min ema above entry trigger?
The blue ema is hard to see. But the price is above ema where red arrow is located.

Just trying to find the simplest way of what your showing...

Thanks again
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 LegendofZline » Sun May 26, 2013 5:58 pm

dojirock wrote:Yes, Thats it. I have showed it with the ema, with the BB, with the zline indi, the macd....lol

simplest form, you got it...nice!

doji

LegendofZline wrote:Doji is this another way of looking at it...

15Min zline break by closing below with a 15min rwd candle

When that occurs look into 5Min ema above entry trigger?
The blue ema is hard to see. But the price is above ema where red arrow is located.

Just trying to find the simplest way of what your showing...

Thanks again


Reading page 138 its all getting clearer.

Thanks

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Postby MightyOne » Mon May 27, 2013 12:42 am

Karma wrote:
MightyOne wrote:No, I'm gone until 2015.

I may stop by here and there.


I can only be left to wonder

but we're happy to have you when you find the time


So many things to do and so little time to get to them all.

I haven't been watching Forex lately as I am focused on the declining gold price.

This is my setup:

Trade Charts: D3, W1, or D9
Entry Charts: 150 Seconds (24 bars/hour) & 20 minutes (so that I don't get lost on a minute chart).

Chart type:
Chart is Heiken-Ashi w/ open at 56% & close at...
(Open[prev]+High[prev]+Low[prev] + Low[crnt]+High[crnt]+Close[crnt]) / 6.

Indicators: 6 EMA (peaks & valleys as LIS)

Tools: horizontal lines & Space.

1) Trade D3, W1, or D9
2) build a rocket ship (max size) to ride the large charts
3) use small charts to reduce risk

:arrow: Big charts,:arrow: big lots, :arrow: big money.

Karma
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Postby Karma » Mon May 27, 2013 1:23 am

MightyOne wrote:So many things to do and so little time to get to them all.

I haven't been watching Forex lately as I am focused on the declining gold price.

This is my setup:

Trade Charts: D3, W1, or D9
Entry Charts: 150 Seconds (24 bars/hour) & 20 minutes (so that I don't get lost on a minute chart).

Chart type:
Chart is Heiken-Ashi w/ open at 56% & close at...
(Open[prev]+High[prev]+Low[prev] + Low[crnt]+High[crnt]+Close[crnt]) / 6.

Indicators: 6 EMA (peaks & valleys as LIS)

Tools: horizontal lines & Space.

1) Trade D3, W1, or D9
2) build a rocket ship (max size) to ride the large charts
3) use small charts to reduce risk

:arrow: Big charts,:arrow: big lots, :arrow: big money.


I've been watching the movement. I saw your away sign with the palm trees and remembering your constant short gold mantra I assume you went on vacation after making a killing :D

The curiosity strikes me, are you trading any silver as well? It just occurs that it's so much cheaper which would allow you to buy more (or sell in this instance)

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