A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Tue Jul 30, 2013 3:59 am

That is exactly right. Also watch the 4hr and 1hr as a pair and how the levels get respected.

Summer volume is down... too
thats why its been a little more difficult

doji

bettlebox wrote:HI doji or dragon

wanted to ask about big bars on breakout swings. Not so long ago we talked about putting a fibo 0,50% and 100% level on the biggest bar on 15min breakout swing and watching for retrace and a bounce off the levels.

Would you also say thats this valid on higher timeframes price seem????respects this levels attached is example of 1hr chart.

Appreciate any comments/feedback.

Thanks.
BB
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 4:01 am

a-game! see ya lurking...drop me a email, stranger!
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 bettlebox » Tue Jul 30, 2013 6:30 am

Thanks Doji appreciate feed back.

Your signature link videos about summer trading is exactly what im experiencing. Short spurts that don't go any where. Thing that is protecting me is taking profits on my first target and not pushing for more.

Also this summer period has temper my trading discipline.

BB



dojirock wrote:That is exactly right. Also watch the 4hr and 1hr as a pair and how the levels get respected.

Summer volume is down... too
thats why its been a little more difficult

doji

bettlebox wrote:HI doji or dragon

wanted to ask about big bars on breakout swings. Not so long ago we talked about putting a fibo 0,50% and 100% level on the biggest bar on 15min breakout swing and watching for retrace and a bounce off the levels.

Would you also say thats this valid on higher timeframes price seem????respects this levels attached is example of 1hr chart.

Appreciate any comments/feedback.

Thanks.
BB
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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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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Postby dojirock » Tue Jul 30, 2013 7:42 pm

update on u/j

do you see it?
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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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