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
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Sun Jul 01, 2012 4:22 am

You have to know what you want and be willing to wait for it.

Price doesn't move up or down in a straight line so you have to take
one or two large reversals into consideration when creating a plan.

EJ is still 1000+ pips off the yearly high...1000+ pips I say!
Those who were willing to wait, instead of fidgeting daily, were paid handsomely.

Price DOES move hundreds of pips (thousands even) and all you have
to do is BE IN THE MARKET until it moves.

Rule of Thumb: Take a long term trade when you are guessing and a short term trade when it is obvious. ;)

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: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Mon Jul 02, 2012 3:34 pm

Thanks Mighty One!

I need to be reminded of these things from time to time!
I was about to give up and take a loss. :D

dojirock
Attachments
krspace1.gif
krspace1.gif (18.77 KiB) Viewed 353 times
"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!"

MDSEA
rank: 50+ posts
rank: 50+ posts
Posts: 75
Joined: Wed May 13, 2009 4:51 pm
Reputation: 0
Gender: None specified

Postby MDSEA » Tue Jul 03, 2012 2:13 am

Well see on this one.

Red line pass mbar failed reversal trade.

Entry Green line

TP purple line


Image

MDSEA
rank: 50+ posts
rank: 50+ posts
Posts: 75
Joined: Wed May 13, 2009 4:51 pm
Reputation: 0
Gender: None specified

Postby MDSEA » Tue Jul 03, 2012 3:09 am

TP 47 yittiddy!

Looking for short entries around here if price is telling me we are shorting.... purple dotted lines

Image

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Tue Jul 03, 2012 4:42 am

Nice Job msdea,

Feels good when your right doesnt it! :D
"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.

MDSEA
rank: 50+ posts
rank: 50+ posts
Posts: 75
Joined: Wed May 13, 2009 4:51 pm
Reputation: 0
Gender: None specified

Postby MDSEA » Tue Jul 03, 2012 5:24 am

Well see how the week end. But for now im :D

MDSEA
rank: 50+ posts
rank: 50+ posts
Posts: 75
Joined: Wed May 13, 2009 4:51 pm
Reputation: 0
Gender: None specified

Postby MDSEA » Wed Jul 04, 2012 12:49 am

TP13 wasn't pretty but it went to the price
Entry at x
tp at green line
Image

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Wed Jul 04, 2012 6:12 pm

GU analysis and trade

dojirock
Attachments
gutradedoji.gif
gutradedoji.gif (16.57 KiB) Viewed 280 times
"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: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Wed Jul 04, 2012 6:13 pm

I used the same technique to stay in the trade longer.

dojirock
Attachments
gutradedoji30.gif
gutradedoji30.gif (17.45 KiB) Viewed 278 times
"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: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Wed Jul 04, 2012 6:15 pm

mdsea,

notice how on all three time frames, its telling you the same story?

dojirock
Attachments
gutradedoji15.gif
gutradedoji15.gif (16.04 KiB) Viewed 277 times
"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”