A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Sat Aug 11, 2012 9:45 pm

Once you see the pattern....
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"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 » Sat Aug 11, 2012 9:47 pm

repeat...
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"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 » Sat Aug 11, 2012 9:49 pm

repeat....
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"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 » Sat Aug 11, 2012 9:52 pm

This pic is like art! I really want to go back to scalping when I see this stuff, but really need to resist and keep heading towards MO land! :smt026
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"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 » Mon Aug 13, 2012 5:22 pm

us/chf short
target .9700
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"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 MDSEA » Mon Aug 13, 2012 5:45 pm

Nice doji. Marked up same analysis for usdchf. But missed the entry... This is starting to get fun...

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Postby dojirock » Tue Aug 28, 2012 3:41 am

"Entry doesnt matter" I have know idea what that means, how can it not matter.....

anyways, I went short, up about 50 something pips now........how do I incorporated "Space" into this? I am currently short with 1 lot. It sounds like to me you dont care about where the entry is, by utilizing space you manage your trade till its what? Im lost. Maybe my hangup is, Space is a different concept and cant be used while scalping?
my success rate with time charts bigger than 4hrs is less than 20....
can I even use space?

If I close this trade now, and say $500 profit...gives me some space right?
Space builds up staying power to goto higher time frame charts...what direction? I dont know! Any help here please??

dojirock
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"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 » Tue Aug 28, 2012 5:46 am

"Maybe my hangup is, Space is a different concept and cant be used while scalping?' -Dojirock

Bullshit it can't:

Image

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Postby MightyOne » Tue Aug 28, 2012 6:25 am

You cannot (I cannot) trade space with 1 lot...
2 lots maybe, but even then you are stuck with the 1
lot short-stick after a partial stop or TP.

3 lots is as low as you can possible go without severely limiting your
strategical options.

Your exact entry doesn't matter, this does:

#1: Position in the market
#2: Position Size prior to range expansion
#3: Range expansion

Your job is 1 & 2.

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dojirock
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Postby dojirock » Thu Aug 30, 2012 2:01 am

Thanks MO,

I have a goal to get there...I will resume the space thing when I get there.
Until then...I will keep scalpin.. :)
thanks for the chart, I think I understand what your getting at.

Until then I will try to help the few that have been asking me how I determine my entries...the best I can

Please remember I consider myself a scalper, short termtrader....someday to be able to trade long term is my goal

There are many ways to explain it, this is just my way...hope it helps.

dojirock
"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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