Big Green Arrow = mbar
Big Red Arrow = mbar close mbar
Smaller arrow are my entries.... The second red is where im hoping it will get rejected at...
Picked up 16 going up previous before this.
My trading has been alright just excited to try my new found understanding of how this really works......
md
A fresh start! Doji's Trading Journal
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- dojirock
- rank: 1000+ posts
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So were you up like 20 pips and gave it back?
dojirock
dojirock
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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!"
"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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I think my chart I posted above is confusing. My entry was actually on the 3rd red arrow I said 2nd arrow on previous post. The third arrow is the 15min entry i saw getting wicked in.
The big arrows represented the 1hr overlay mbars
Which gave me bias short
Zoom into 15min and waited to see price move up to break out and test it.
And the smaller arrows represented the 15min mbars
Then the 3rd red arrow was where I believed price was getting rejected by.
Hope that makes sense
So in short I was trading 15min heh
In your pic my 15min would be around the red arrow area
The big arrows represented the 1hr overlay mbars
Which gave me bias short
Zoom into 15min and waited to see price move up to break out and test it.
And the smaller arrows represented the 15min mbars
Then the 3rd red arrow was where I believed price was getting rejected by.
Hope that makes sense
So in short I was trading 15min heh
In your pic my 15min would be around the red arrow area
- dojirock
- rank: 1000+ posts
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ah, so busy today and tonight, i messed this one up.....
had a beautiful short...didnt get out...then, what s this a stop hunt or
something?
wait and see what happens i guess.
dojirock
had a beautiful short...didnt get out...then, what s this a stop hunt or
something?
wait and see what happens i guess.
dojirock
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- mdd4.gif (17.69 KiB) Viewed 2393 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!"
"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!"
- dojirock
- rank: 1000+ posts
- Posts: 1921
- Joined: Tue Nov 17, 2009 10:11 pm
- Reputation: 726
- Gender:
- Contact:
Well i completely messed this trade up...
Had profit, gave it back, and now I have invested all my space for the week and dont have much staying power left. I will have to see what monday brings, im hoping for a gap down to salvage my trade. For some reason when I get to the houry and 4h as a entry time frame I lose perspective, and I find I dont have the patience yet for the time it takes for those trades to produce. I dont know how MO does it! 3 days of the month left. This trade could take a chunk out of my 25 percent up this week. I will post a chart to try to find where I may have went wrong on Monday. Have a great weekend!
dojirock
Had profit, gave it back, and now I have invested all my space for the week and dont have much staying power left. I will have to see what monday brings, im hoping for a gap down to salvage my trade. For some reason when I get to the houry and 4h as a entry time frame I lose perspective, and I find I dont have the patience yet for the time it takes for those trades to produce. I dont know how MO does it! 3 days of the month left. This trade could take a chunk out of my 25 percent up this week. I will post a chart to try to find where I may have went wrong on Monday. Have a great weekend!
dojirock
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!"
"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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Thank you for your support.
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