A fresh start! Doji's Trading Journal

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

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judokamak
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Postby judokamak » Sun Jun 16, 2013 9:37 am

cool, thanks!

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newscalper
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Postby newscalper » Sun Jun 16, 2013 9:44 am

Dan wrote: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.


Chart looks good to me Dan.
Tip for staying in longer: You're entering in on the pullback and using the smaller TF for entry right? Well on that timeframe lines are going to form too.

As long as those lines hold in your direction stay in until one of them breaks against you. Yes you will give pips back. I don't know ANY method of staying in for longer that, at the end of the run will not result in giving pips back, so there's 2 choices, keep cutting early or try to hold more and give some back.

Recently I've been dropping down one TF lower at entry, especially if the new trend has been established for a while and I think it might be nearing the end: jury is still out on that one TBH, sometimes it keeps me in for a nice run, sometimes it gets me cutting for BE or a bit less and then missing a run, so I'm starting to think of not dropping below the 5 minute if I'm looking at 5/15 initially....or only looking at the one minute towards the end of a run where I think price might start to turn and then using the 1 for exit.

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dojirock
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Postby dojirock » Sun Jun 16, 2013 1:06 pm

You will leave alot on the table looking at a one minute
The 8 min ema is a good visual...price will stand on it or hang from it..
Mo's HA too if thats your preference.
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 arkan1976 » Sun Jun 16, 2013 4:07 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.


Hello Doji, please, can you explain what are the rules to go long in this trade ?
Thanks.

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dojirock
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Postby dojirock » Mon Jun 17, 2013 4:36 am

The red line at 32 is the broken short zline. I wasnt at screen thats why my entry was late at 50.
Had I entered at 32, my stacks would be 42,47,52,57ish until I reach my target. Then close partial or all postiions.

As you can see after entry at 32, confirmation of being right would come at 50 area when macd crossed above zeroline. Telling me to stay strong and hold.
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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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dojirock
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Postby dojirock » Mon Jun 17, 2013 4:45 am

Some sweet divergence trades already too!
Gonna try to stack this one im currently in.
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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 arkan1976 » Tue Jun 18, 2013 12:47 pm

thanks doji.

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Postby bettlebox » Tue Jun 18, 2013 3:09 pm

Doji mate can ask your opinion on attached picture. It had 1hr and 4hr classic zline back it up on bottom wicks.

Basically the MBAR is formed by the close above the previous red opening a breakout (forming a Zline there) then the next 15min candle came down tested that breakout point and wicked.

Enter as rat trade to the upside.

Really just ask about the setup if thats way you would see it?


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

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dojirock
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Postby dojirock » Tue Jun 18, 2013 7:15 pm

Perfect BB. When I see setups like that then I look for a confirmation next. Your analysis is correct.
I have attached mine below.

Good work!
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pic1.png
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pic2.png
pic2.png (43.77 KiB) Viewed 243 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!"

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dojirock
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Postby dojirock » Tue Jun 18, 2013 7:30 pm

Dragon style E/J

Hourly momentum behind us!
Marked the 50
Do you see the zline zone at the bottom?
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dr1.png
dr1.png (65.7 KiB) Viewed 237 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!"

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