A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Fri Jun 14, 2013 7:27 pm

Yes, keep in mind I have a pip or s/d target in mind. Catching the move and stacking on is quick but profitable.


judokamak wrote:
dojirock wrote:Sure I will give it a try. I used to use space that I would accumalate to pad my stops. I dont do that anymore. Now that Im stacking and conviced its the way I want to go it has become very important that I keep my losses extremely tight. I target sl 's at recent high or low or based on the 50simple and or 8 ema... as s/d for a sl. So if I am short I would be below the 50 simple and or 8ema, if price crosses back across the 8ema im out. Its not worth it. I am usually never wrong more than twice. When Im right, well here is where it takes some mental power to stay in! The 8ema helps me with that also, a lot of trends stay above or below the 8 ema which enables me to hold out longer. Another big tip is the colored boxes on my stacking charts, look at them. Those are session trading boxes. When price makes a new high or low from previous session, it tends to be bigger moves. which helps me hold longer also. If you look at the charts where my friend stacks(i post those too) he gets 15 to 40 pips per trade.... which is right in my comfort zone. He also has me convinced one good trade per session is all it takes.
I figure if I can master this like he has, I can trade two days a week and be done. Which is very interesting to me and my style of trading.

Let me know if you need better clarification...hope this helps.





judokamak wrote:doji....can you please explain a bit about your profit taking/SL. Where or when do you close your profit position-s and how do you set your SL?


Thanks for explanation doji. Stacking looks good. From the pics, im not quite sure how you add the rest of the lots. I guess you wait until your first position is x pips in profit and you use that profit for a stacking buffer. Would that be correct interpretation?
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 Dan » Sat Jun 15, 2013 4:05 am

Doji,
where can I d/l that template you have?

Are you staying in until price comes up to an old zline or are you waiting for price to create a zline against you?

P.s 5/15min with 12ema and 1hr custom candles, trading off 1hr mightyzones is getting me 20pips a night easily. This thread is awesome.

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dojirock
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Postby dojirock » Sat Jun 15, 2013 5:11 am

Which template Dan? Let me know and I will get it for you.

Post some pics of your trades... They may help others!

doji :D
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 Dan » Sat Jun 15, 2013 10:31 am

The template I'm after is the latest one you've been using with the ninja macd and also the trade info that tells you your percentages, very handy.

I struggle to find the time to even trade so it's hard right now to post here but I'll lift my game soon.

I've just marked up a chart showing the things I look for, hope this helps.

Inspired by Dragon, Doji and Mighty One (even though most of your stuff is still all riddles to me).

Any tips on how to tell when to stay in longer and when to exit would make my day. I'm just getting out at around 20 pips and waiting to re-enter.
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dojirock
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Postby dojirock » Sat Jun 15, 2013 8:53 pm

This is what I use...
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Last edited by dojirock on Tue Aug 06, 2013 6:27 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!"

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Postby prochargedmopar » Sat Jun 15, 2013 11:13 pm

dojirock wrote: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.


Mightyone tried to get me to do this a few years ago, He said if things weren't going well after 1-2 entries my trigger finger would freeze over.
I definitely wasn't ready for it at that time but it was a great idea.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby prochargedmopar » Sat Jun 15, 2013 11:27 pm

BTW,
Did you join the tfl365.com trading room or befriend DanP on twitter?
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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dojirock
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Postby dojirock » Sun Jun 16, 2013 12:02 am

I follow Dan and Jen on twitter....
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 judokamak » Sun Jun 16, 2013 12:35 am

Doji, i wanted to ask you this earlier, watching your pics.

ninjamacd indie prints "hop" when macd signal line crosses 0.
But it also prints "tf" arrows. What do they supose to show?

And thanks for posting it!

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dojirock
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Postby dojirock » Sun Jun 16, 2013 4:06 am

TF stands for triggerfinger, its when the fast crosses the slow macd in the same direction of the blue line. Another way to see it is when the histo crosses from red to green when the blue line is above zero.

When the blue line is above zero and the histo goes from green to red, its the reverse TF.

The actual MACD line is blue.
The histogram is actually OSMA. Oscillator of Moving Averages or again the cross of the fast and slow line MACD
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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