A fresh start! Doji's Trading Journal

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dchappy
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Postby dchappy » Tue Aug 27, 2013 11:23 pm

sweeeet .... :smt023

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MightyOne
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Postby MightyOne » Wed Aug 28, 2013 2:04 am

Image

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dojirock
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Postby dojirock » Wed Aug 28, 2013 2:54 am

This is why I closed my trade....
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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!"

Dan
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Postby Dan » Wed Aug 28, 2013 9:55 am

MightyOne wrote:News was talking about a ZL directly above her...

I was saying that we should never fear resistance so long as price is above something.
If you want to take profit then that is fine, but the trade is not over unless price is below something.


Been working a lot recently on when to hold and when to close so this is great timing.

This quote and your posted trade, Doji, have been really helpful.

MO, can I ask if you would have held on Doji's trade and why? It would take balls of steel to stay in that one.

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MightyOne
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Postby MightyOne » Wed Aug 28, 2013 3:25 pm

Any exit after a fast move is a good exit, but if you click to a higher chart and that fast move is a candle that is lower than something then you would consider holding.

I watch the 2 & 30 minute charts with position (stops) at 3-day extremes by default.

I only hold if I would have taken a trade from the daily+ level:

1) Can I reach 3-day extremes (with stop)?
2) Look at the 30 minute chart for "something"
3) Trade the 2 minute chart
4) If "something" appears on the daily+ chart then hold.

That said, I don't think that I would have held that trade longer than Doji.

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dojirock
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Postby dojirock » Wed Aug 28, 2013 4:05 pm

I have always enjoyed trading, but if this trade and the last one I posted would happen every day...... I would be in love!
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audjpyh4.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 Aug 28, 2013 4:07 pm

Broken 4hr 50, followed by a hourly mbar
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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 Aug 28, 2013 4:09 pm

Entered on 5 min chart.
SL at 0 fib
Went to bed.
Woke up to this, just closed it, enough for me!
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audjpym5.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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Captain Pugwash
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Postby Captain Pugwash » Wed Aug 28, 2013 5:16 pm

Doji - those were Beautiful trades mate

I did not take them - but I love marking up charts - it helps me make sense of PA


I know i don't see things in the same way you do mate - but the trade exists whatever way you look at stuff (which is always interesting)- i also put in a reason to have maybe stayed in he trade (again - I only marked this up in order to make sense of PA)

so here is my markup of the chart the way I see things
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"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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bettlebox
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Postby bettlebox » Wed Aug 28, 2013 5:32 pm

This EurUsd i was looking for setup on the 15 min movement off the 1hr 50% level from last friday.

im looking for any comments.
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EURUSD
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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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