A fresh start! Doji's Trading Journal

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Mon Jun 18, 2012 5:52 pm

History mbar.... check
Break of mbar.... check
Failed line..... enter

dojirock
Attachments
tx1.gif
tx1.gif (20.05 KiB) Viewed 375 times
"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!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

MDSEA
rank: 50+ posts
rank: 50+ posts
Posts: 75
Joined: Wed May 13, 2009 4:51 pm
Reputation: 0
Gender: None specified

Postby MDSEA » Mon Jun 18, 2012 8:48 pm

Doji,

How do you distinguish a failed line. I see Four wicks where price failed...?
First Candle has mbar down
Second Candle closes up with hammer
Third tries to close lower and fails to do so...

So
ahhh Maybe that is why you were looking to long...


Or are you entering when price fails to close in lower tf mbars going towards your direction.

hhhhmmmm Nice...

Back to the bat cave and try it out...

MDSEA
rank: 50+ posts
rank: 50+ posts
Posts: 75
Joined: Wed May 13, 2009 4:51 pm
Reputation: 0
Gender: None specified

Postby MDSEA » Mon Jun 18, 2012 9:29 pm

Is this something like you would do.

5min entry buy limit...

Image

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Wed Jun 20, 2012 5:21 am

MDSEA wrote:Doji,

How do you distinguish a failed line. I see Four wicks where price failed...?
First Candle has mbar down
Second Candle closes up with hammer
Third tries to close lower and fails to do so...

So
ahhh Maybe that is why you were looking to long...


Or are you entering when price fails to close in lower tf mbars going towards your direction.

hhhhmmmm Nice...


Back to the bat cave and try it out...


That is exactly why i was looking for longs.
As in many trades also...there is no hurry...there is plenty of time to enter.

dojirock
Last edited by dojirock on Wed Jun 20, 2012 5:26 am, edited 1 time in total.
"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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Wed Jun 20, 2012 5:24 am

l have a addiction with scalping...and im trying real hard to get to the upper time frames...

your pic is exact what i do...and i marked it up using the candle overlays for you how i would enter on them.

great job :D

dojirock
Attachments
2ezibfa.png
2ezibfa.png (35.4 KiB) Viewed 319 times
"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!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

MDSEA
rank: 50+ posts
rank: 50+ posts
Posts: 75
Joined: Wed May 13, 2009 4:51 pm
Reputation: 0
Gender: None specified

Postby MDSEA » Thu Jun 21, 2012 3:28 am

Is this something you would do..

1hr bias direction
15min history mbar
15min mbar broken
entered on failed 5min mbar
TP was 15mbar

Explanation is on pic.

Please let me know if this is something you would look at or issues I didn't look at. Or if this is totally off!

Image

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Thu Jun 21, 2012 4:04 am

MDSEA,

your analysis is right on to how I see things. The only additional thing I woul keep in mind if trading other than the 15 min or 5 min for targets is that the 4hr and daily are long bias. So shorts are counter trend.

Good job, nice chart!

dojirock
"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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Fri Jun 22, 2012 5:10 pm

a/j setup trade today,

dojirock
Attachments
mds1.gif
mds1.gif (22.01 KiB) Viewed 258 times
"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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Fri Jun 22, 2012 5:11 pm

30 minute setup
Attachments
mds2.gif
mds2.gif (20.5 KiB) Viewed 257 times
"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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Fri Jun 22, 2012 5:13 pm

Entries

Done for week, have a great weekend guys!

dojirock
Attachments
mds3.gif
mds3.gif (22.46 KiB) Viewed 255 times
"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!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”