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
bettlebox
rank: 500+ posts
rank: 500+ posts
Posts: 733
Joined: Thu Mar 11, 2010 12:06 pm
Reputation: 9
Gender: None specified

Postby bettlebox » Wed Jun 12, 2013 2:01 pm

Trade this morning on EurUsd.

There was setup in afternoon but didnt offer a good price. It did wick the failed 1hr bias change line and retraced all way back up to the opening price , near enough. Not too sure what i should do with these type of trades.


There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Wed Jun 12, 2013 5:36 pm

aud/usd
Last edited by dojirock on Tue Aug 06, 2013 6:25 pm, edited 1 time in total.
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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Thu Jun 13, 2013 4:09 pm

e/j out at 30

only stacked once.

I have switched my MM up to try stacking. Where as I would open all trades at max lot size, when I would take a loss it would be at max lot size. Same with winners. By altering it into 1/4 or 1/5 of max lot size I am attempting to stack on orders after in profit very quickly till I reach my max lot size. Thus when I have a loser I will be down only 1/4 or 1/5 and winners can range from 1/4 to 1.0 (max) thus improving my MM signifcantly.
Last edited by dojirock on Tue Aug 06, 2013 6:26 pm, edited 1 time in total.
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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Thu Jun 13, 2013 5:06 pm

a/j stack trade
Attachments
2013-06-13_09-06-05.png
2013-06-13_09-06-05.png (172.12 KiB) Viewed 2356 times
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!"

User avatar
bettlebox
rank: 500+ posts
rank: 500+ posts
Posts: 733
Joined: Thu Mar 11, 2010 12:06 pm
Reputation: 9
Gender: None specified

Postby bettlebox » Thu Jun 13, 2013 5:59 pm

Think i need to start looking at other indexes. Waited all day on E/U for a setup, set my s/l too tight took me out to the pip.


There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Thu Jun 13, 2013 7:15 pm

BB here is how I read just a 5 min chart. Mbar breakouts...retrace to BB band or cross of 12 ema. Catching it at BB or as it goes in our favor over the 12ema gives better prices.
Attachments
eurusdm5.png
eurusdm5.png (71.36 KiB) Viewed 2328 times
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!"

User avatar
bettlebox
rank: 500+ posts
rank: 500+ posts
Posts: 733
Joined: Thu Mar 11, 2010 12:06 pm
Reputation: 9
Gender: None specified

Postby bettlebox » Thu Jun 13, 2013 7:45 pm

Ahh so simple lol thats awesome thanks Doji. Yea it hell of alot better price.

I can see the trades on your attached picute i got locked out of cause risk was to great on 15min rat trades today lol.

Just speaking out loud here:-
My core trading principles stay same all im doing is getting a better entry price on the retracement. Instead of paying the 15min rat trade price.

Thank you Doji 8)

dojirock wrote:BB here is how I read just a 5 min chart. Mbar breakouts...retrace to BB band or cross of 12 ema. Catching it at BB or as it goes in our favor over the 12ema gives better prices.
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Fri Jun 14, 2013 1:24 am

Shorted A/J, missed my opportunities to stack 3 more times, so I only stacked once at a lower level. Top Blue line is original entry, 2nd Blue line is 1st stack(way to late)
Attachments
audjpym15.png
audjpym15.png (77.57 KiB) Viewed 2309 times
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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Fri Jun 14, 2013 1:32 am

5 Min chart, same trade
Attachments
audjpym5.png
audjpym5.png (70.35 KiB) Viewed 2306 times
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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Fri Jun 14, 2013 2:08 am

U/J Stacked!
Attachments
2013-06-13_21-27-57.png
2013-06-13_21-27-57.png (235.86 KiB) Viewed 2301 times
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!"

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


Return to “beginners forum”