A fresh start! Doji's Trading Journal

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vamp
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Postby vamp » Thu Jul 25, 2013 8:10 pm

Thank you. Never even thought about that. Every time my computer would restart I was clicking back one page at a time... the pain!

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Postby Karma » Thu Jul 25, 2013 8:45 pm

I bookmark the current pages so every week or so I just update the number at the end
"Profit is found in a thinking mind. If you come to this . . . with pen and paper in hand then you will fail to find the beauty that exists within yourself." - MightyOne

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newscalper
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Postby newscalper » Thu Jul 25, 2013 8:58 pm

Re the macd on the 5 minute this is what I'm seeing and have seen from that short I took in the morning and the long later on:

Image

Waiting for entry

.Image

What I've been seeing is that the slow line crossing zero isn't necc. the thing to be looking for, its the histogram ging across zero (macd cross) along with the failure of a line.

Image

Reason the 12 is working as a visual guide on the 5 minute is because it apes the hourly.
Maybe if trading the 15 minute..16 EMA for H4??

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newscalper
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Postby newscalper » Thu Jul 25, 2013 9:15 pm

MOs chin stumped on the 30 minute lines up with it very well too :lol:

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Postby TygerKrane » Thu Jul 25, 2013 11:28 pm

FXfreak wrote:i close the session with a total of +1

:-)


That made my day!
ROFL

:smt043

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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dojirock
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Postby dojirock » Fri Jul 26, 2013 1:40 am

Hi News,
Just want to affirm what your saying, the histos represent price action and the blue macd line represents momentum. I believe you draw your zones like I do? Draw them and watch what happens when they break. Just use the histo as a confirmation and momentum to boost your survivability and stacking.

Nice observation.

doji

newscalper wrote:Re the macd on the 5 minute this is what I'm seeing and have seen from that short I took in the morning and the long later on:

Image

Waiting for entry

.Image

What I've been seeing is that the slow line crossing zero isn't necc. the thing to be looking for, its the histogram ging across zero (macd cross) along with the failure of a line.

Image

Reason the 12 is working as a visual guide on the 5 minute is because it apes the hourly.
Maybe if trading the 15 minute..16 EMA for H4??
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 FXfreak » Fri Jul 26, 2013 6:54 am

anybody trading? i'm currently short, entry 77

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Postby FXfreak » Fri Jul 26, 2013 7:01 am

took +3

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newscalper
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Postby newscalper » Fri Jul 26, 2013 10:07 am

Yeah, I think I draw my lines the same as you doji

TBH I don't think I'm going to get the hang of this :(
3 losses in the chop this morning and then this which actually was another loss as I'd added. Maybe should have just taken the pips on the spike but if you don't let things run...
Hindsight is VERY easy :lol:

Image

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MightyOne
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Postby MightyOne » Fri Jul 26, 2013 2:43 pm

Rule #1: Position is EVERYTHING.

It doesn't matter if you are a long term trader or a scalper.

If you place your stop within the daily range then you are just begging for people to take your money.

Rule #2: Get your lot size up

You should think of this as trailing a stop to keep risk the same and not as "adding".

You increase your size on confirmation or when you believe S/R to be false.

Image
Last edited by MightyOne on Fri Jul 26, 2013 2:47 pm, edited 1 time in total.

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