A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Tue Jul 30, 2013 6:16 pm

current u/j trade
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2013-07-30_1415.png
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Last edited by dojirock on Tue Jul 30, 2013 7:50 pm, edited 1 time in total.
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 Jul 30, 2013 7:38 pm

Hey Judokamak,

sorry, i missed your post

I do look at 4hr and 1 hr dragon lines once in a trade to determine how far I can go. In conjunction with that, I mark zones and im very confident once price breaks a pre planned zone that im right so i dump on the stacks. I don't feel the need for there to be a profit zone.
Those kind of trades come not at often.
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 Jul 30, 2013 7:42 pm

update on u/j

do you see it?
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2013-07-30_1542.png
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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 » Wed Jul 31, 2013 2:43 am

stopped out -2
need to wait for asian session
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 MightyOne » Wed Jul 31, 2013 2:06 pm

Everything falls into place when you focus on position first:

Image

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Postby MightyOne » Wed Jul 31, 2013 2:46 pm

One trick to calming your nerves, when trading small charts, is to construct a chart using P4L period converter and delaying the data by 3000ms.

Nothing bad is going to happen in 3 seconds that wouldn't happen in 1.

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Postby dchappy » Wed Jul 31, 2013 8:17 pm

[quote="MightyOne"]One trick to calming your nerves, when trading small charts, is to construct a chart using P4L period converter and delaying the data by 3000ms.

Nothing bad is going to happen in 3 seconds that wouldn't happen in 1.[
/quote]

A few yrs ago you made a statement that helped me greatly as a scalper .

I still have it taped to the top of my screen ....

" The Market isn't moving as fast as you think it is "

............... :wink:

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dojirock
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Postby dojirock » Thu Aug 01, 2013 7:05 am

last trade of 3
+200 pips
5 stacks
love u/j
(hated it yesterday)
Last edited by dojirock on Tue Aug 06, 2013 6:12 pm, edited 1 time in total.
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!"

Dan
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Postby Dan » Thu Aug 01, 2013 8:59 am

I got stopped out more than once on u/j yesterday in the choppy crap and it's the first time I stacked too..didn't go to well. Daily chart shows price was just stuck between zlines. If you hated it too then I don't feel as bad although I bet you came out better than me.

MO, I don't always understand your advice but what you are saying is a safe place to put your stop is outside daily open. So if current daily is green, better to only trade bullish zline setups and have your stop below daily open?

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Postby paweldobkowski » Thu Aug 01, 2013 3:36 pm

Dan wrote:I got stopped out more than once on u/j yesterday in the choppy crap and it's the first time I stacked too..didn't go to well. Daily chart shows price was just stuck between zlines. If you hated it too then I don't feel as bad although I bet you came out better than me.

MO, I don't always understand your advice but what you are saying is a safe place to put your stop is outside daily open. So if current daily is green, better to only trade bullish zline setups and have your stop below daily open?


Don't get a BIAS based off the candle color on two sided markets.

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