A fresh start! Doji's Trading Journal

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newscalper
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Postby newscalper » Tue Jun 04, 2013 4:38 pm

Out again for another loss. Not my week. That's most of last weeks gain gone.

In for a penny in for a pound, back in long. Not revenge trading just seeing it start to move back over lines on the smaller timeframes. Price is caught between a multitude of llines hency the crappy action...maybe

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onontsira
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Postby onontsira » Tue Jun 04, 2013 4:58 pm

Now?
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newscalper
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Postby newscalper » Tue Jun 04, 2013 5:19 pm

Closed. Out. Wrong Wrong Wrong.

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newscalper
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Postby newscalper » Tue Jun 04, 2013 5:55 pm

Maybe something is telling me I've been seeing this wrong all day?
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In lovely pink hindsight, short is still the way

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Postby dojirock » Tue Jun 04, 2013 6:21 pm

We are ranging...stop trading....your gonna beat yourself up.....
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 MightyOne » Tue Jun 04, 2013 6:32 pm

Back to lesson number 1: POSITION IS EVERYTHING!:

Lot size is secondary and pips are simply a byproduct of waiting.

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onontsira
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Postby onontsira » Tue Jun 04, 2013 10:07 pm

Out...

(listening to this: https://www.youtube.com/watch?v=fcrWM1pHuJE

:D )
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newscalper
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Postby newscalper » Wed Jun 05, 2013 8:10 am

Has anyone else figured out the DA bars?

This is difficult to show as the bar had just ticked over and the new bar was coloured for up but imagine that bar wasn't there. Price was where it is shown - i.e. very much up but the bar is red. What is a trader to make of the bars changing colour?

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newscalper
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Postby newscalper » Wed Jun 05, 2013 12:00 pm

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newscalper
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Postby newscalper » Wed Jun 05, 2013 3:26 pm

I might have this wrong because the logic for one is opposite to the other but:
Bias long
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But
If you want to buy dips
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