A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Tue Jun 18, 2013 8:49 pm

Here is some more help if you need it.....
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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 18, 2013 8:49 pm

And last..... I would be still long....why go short? lol

doji
"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 newscalper » Tue Jun 18, 2013 8:52 pm

Yes m8, that's the one - action like that got me totally hammered yesterday on AU.
On the face of it I see price not closing over a line, an attempt to move up that then fails then closes back over. The only other thing I see is that the long one, looking further back has a clear S/D area prior but the upper one's is chop but there's plenty o' wickes from that area.

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Postby onontsira » Tue Jun 18, 2013 8:58 pm

dojirock wrote:And last..... I would be still long....why go short? lol

doji


Hi Doji,

As you present it, it seems that you don't even look at M60 for your analysis, at least in this case, and trade from M15 with confirmation on M5. Is that correct?

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dojirock
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Postby dojirock » Wed Jun 19, 2013 12:51 am

I always trade one time frame and look for entry with some way to confirm my thinking or logic. If I see a entry potential and cant find a solid confirmation, then I drop a time frame for that confirmation. Almost always a confirmation will show up on both time frames.

So pick on, 30min, 60 min....doesnt matter...I use one or both as entry and or bias.

doji


onontsira wrote:
dojirock wrote:And last..... I would be still long....why go short? lol

doji


Hi Doji,

As you present it, it seems that you don't even look at M60 for your analysis, at least in this case, and trade from M15 with confirmation on M5. Is that correct?
"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 » Wed Jun 19, 2013 12:52 am

One more point. I feel personally, more than two time frames and your beating yourself up.... They start to confuse and conflict in real time.
"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 » Wed Jun 19, 2013 1:09 am

Another stacking example...

Broken zline, (blue line) entry for me.
Confirmed by MACD cross shortly after.

Love these trades!
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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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onontsira
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Postby onontsira » Wed Jun 19, 2013 6:04 am

dojirock wrote:One more point. I feel personally, more than two time frames and your beating yourself up.... They start to confuse and conflict in real time.


I feel the same, thus the question :oops:

Will try with two TF, should be less confusing

Thank you Doji !

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Postby newscalper » Wed Jun 19, 2013 8:11 am

Waiting for this
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Aim is to build a position short from the high extreme (see daily/weekly chart) which is 100 pips away.
100 pips I can't afford so need to build space on the smaller charts to be able to move P further away and then stay in the the (hopfull) ride.

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Postby newscalper » Wed Jun 19, 2013 9:03 am

Not in on that...how? 123 yeah...Doji - do you take breakouts or always the pullback?
Lets see if it pulls back and when and how much
Image

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