A fresh start! Doji's Trading Journal

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MightyOne
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Postby MightyOne » Mon Oct 14, 2013 2:40 am

Jalarupa wrote:Okay, glad I'm on the right track... the fibos are courtesy of jforex I must say I find then quiet handy.

So let me try embed this...

You find a wedge - the wedge creates a triangle - the triangle gives you the angle of your pitchfork - a clone of your triangle gives you your alternating angle...

Cool, now to figure out a good way to trade it all... :-)


Cool, now to figure out a good way to trade it all... :-)


Trade extremes and use patterns to time your trades.

Triangles come in two flavors, a pennant and a cone, & a triangle is a channel is a fork =)

Slow angles lead to decisions whether the points of your triangle are converging or diverging.

I'd say learn to see in triangles and channels and everything else just falls into place:

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Jalarupa
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Postby Jalarupa » Mon Oct 14, 2013 5:36 am

Image

Yes I can see the sheer power in this type of study... Now to "test" the amount of poetic license I can take when conjuring them up...

Waiting for more shorting opportunities to present themselves on the NJ above...
:smt065

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Jalarupa
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Postby Jalarupa » Mon Oct 14, 2013 5:44 am

Image

I also note how the FIBO on the Pitchfork automatically creates the Cones...

I've really started to appreciate, nature math, the Universe and God through the charts...

Such congruance is just aweinspiring...

Buddha - "If we could see the miracle of a single flower clearly, our whole life would change"

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:smt065

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Jalarupa
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Postby Jalarupa » Wed Oct 16, 2013 4:39 am

This is a position I've been building over the past 2 weeks...

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M15 EU

Current leverage 9%
:smt065

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dojirock
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Postby dojirock » Wed Oct 16, 2013 6:56 pm

GBP/USD worked out nice today.
Im going to monitor 3 pair now.
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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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Postby Jalarupa » Thu Oct 17, 2013 12:49 pm

WOW MO's expanding Cone Theory really has the potential to pay HUGE dividends!

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:shock:
:smt065

raw
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Postby raw » Sun Oct 20, 2013 3:12 pm

Hey Doji,

In reference to your last chart. My lines (in white) are slightly different than yours by only a few pips. But I think I'm following your lead quite well.

1. Are you trading exclusively on a single tf, or are you correlating with a higher one m15, m30, h1 - for entries, and tp's?

I've been trading off of the m15 exclusively as I don't have the patience to wait for anything higher.

On the occasion, as in the last few weeks, I've put on just arbitrary shorts on pairs who have reached W1 supply. EU, GU, and right now, its NzdUsd' turn. Over several 100 pips for just a few set and forget trades.

Thanks for the charts.
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dojirock
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Postby dojirock » Mon Oct 21, 2013 7:38 pm

These trades were on the 5 min chart only. I will look at 15 min for a bias if things are not clear. All my lines are 5 min lines. I dont reverse until my red(short lines are drawn and then I take the last failed green line which tells me safe to short. If you look at the runs, there are no red lines in a long trade and vice versa. Thats the key for my success. There is no discretion on these lines. Where you would have gone short I would not due to know red line.

hope this helps

doji

raw wrote:Hey Doji,

In reference to your last chart. My lines (in white) are slightly different than yours by only a few pips. But I think I'm following your lead quite well.

1. Are you trading exclusively on a single tf, or are you correlating with a higher one m15, m30, h1 - for entries, and tp's?

I've been trading off of the m15 exclusively as I don't have the patience to wait for anything higher.

On the occasion, as in the last few weeks, I've put on just arbitrary shorts on pairs who have reached W1 supply. EU, GU, and right now, its NzdUsd' turn. Over several 100 pips for just a few set and forget trades.

Thanks for the charts.
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!"

ahmedalhoseny
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Postby ahmedalhoseny » Tue Oct 22, 2013 4:36 am

hello dojirock what are the green and red levels!!! and how to draw them

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Dan
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Postby Dan » Tue Oct 22, 2013 9:45 am

.
Last edited by Dan on Mon Aug 16, 2021 10:41 am, edited 1 time in total.

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