A fresh start! Doji's Trading Journal

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newscalper
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Postby newscalper » Mon Jun 03, 2013 12:41 pm

Took profit. Think I'll call it a day now.
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Up on the day but not by much because of those losses.

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dojirock
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Postby dojirock » Mon Jun 03, 2013 3:04 pm

Good discipline News!

Losses small, winners bigger!
"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 » Mon Jun 03, 2013 3:06 pm

My two trades today...done....
Im starting to simplify my trading and magnify my lot size.

:D
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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!"

Karma
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Postby Karma » Mon Jun 03, 2013 3:42 pm

Forgive me, I don't entirely understand your entry and exits. Are they based soley off of the indicator's signal and not necessarily relevant to the current candle's movement?

The up hop and down hop were what confused me

did you double your lot size just over the pink line? after it had been going against you (a little on a larger time frame)

I just feel a little hazy. I see the Divergence? on the cci. And then you made almost 5% on 52 points. That feels like massive gains over such small space
"Profit is found in a thinking mind. If you come to this . . . with pen and paper in hand then you will fail to find the beauty that exists within yourself." - MightyOne

dchappy
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Postby dchappy » Mon Jun 03, 2013 7:06 pm

dojirock wrote:My two trades today...done....
Im starting to simplify my trading and magnify my lot size.

:D



gotta love the "hopper" :smt023

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dojirock
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Postby dojirock » Tue Jun 04, 2013 1:16 am

No problem Karma,

My thread has been about my journey learning to read price action and zlines. I feel I have excelled in that form of trading. Being completely honest, not everyone will be able to see price action in this way so my thread has transformed slightly to various ways to use indicators to see price action. The underlying action is still there to those that can see it. The indicators point out the valid areas by using simple criteria. The number one question I get asked is how I determine my bias? I use price action. I use indicators to help traders determine a direction and with a little understanding of price action and zlines, clobber the market by taking pips! The template im using currently is one simular to DCHappy's. The arrows and text that reads "hop" is just where a macd line "hops" over the zeroline, or as pro would say the waterline. These are necessarily entries. That being said I will explain how I tie zline price action to those in the next pic.
"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 Jun 04, 2013 1:34 am

This is how I tie the price action to a indicator. The indicators whether it be a macd cross, or divergence, they just act as confirmation to what I see on price action.

As far as the percent on 52 points. Averaging 60 to 90 percent a month is fairly easy. What i'm working on is stacking on to my trades. Simple rules, never when at a loss. Only when in profit.
Most important, do it quickly!
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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 » Tue Jun 04, 2013 1:36 am

Here are some examples of stacking. Quick and then get out.
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2013-06-03_09-29-04ex1.png
2013-06-03_09-29-04ex1.png (190.29 KiB) Viewed 323 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!"

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dojirock
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Postby dojirock » Tue Jun 04, 2013 6:28 am

Late Asian Session trade...

Back at New York Session
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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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newscalper
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Postby newscalper » Tue Jun 04, 2013 9:08 am

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