A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Thu Oct 24, 2013 5:14 pm

Nice trading Raw. I see your stacking also.
Never add to a loser, and when positive and havent reached the tp yet, stack away. It can get you crazy R:R
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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MightyOne
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Postby MightyOne » Thu Oct 24, 2013 7:07 pm

Some observations of raw's chart:

Don't hear and see, hear and feel =)

Can you see the difference between the momo that you trade and the momo that you take profit or ignore?

Studies used:
3 bar combination of growing/shrinking bodies.
Double Hooks as triangles (cone or pennant)

also notice the fast moves as momo and understand why dragon lines are where they are.

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MightyOne
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Postby MightyOne » Thu Oct 24, 2013 7:14 pm

I don't really draw lines on my charts, I just see them; drawing lines also inhibits you from reconsidering your analysis based on new information.

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Postby newscalper » Thu Oct 24, 2013 8:28 pm

Doji: wrt a new zone forming beyond the previous one, are you looking at other things also?

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raw
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Postby raw » Fri Oct 25, 2013 7:08 am

Hey Mo,

I need time to examine your markups.

LIS, 0,50,100% fibs have always confused me. Which would explain some of the trades I've lost.

I can't seem to get out of this colour change momo mindset. Its as sophisticated as I can tollerate, but it works for me.

I"m just currently in this trade. Lines are drawn simply by colour change +momo+over/under. I just took profit. 10 pips, no stack.

Thanks for the chart. Its late, gotta get some zzzz...
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Postby newscalper » Fri Oct 25, 2013 8:50 am

Well, just been right royally *censored - swear word* over on my long on cable as I had a stop in place, because yesterday I didn't have a stop in place and thus got *censored - swear word* over as well.
Account now 25% down.

Yippekiay muthafucker :roll:

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Postby Jalarupa » Fri Oct 25, 2013 4:52 pm

newscalper wrote:Well, just been right royally edit over on my long on cable as I had a stop in place, because yesterday I didn't have a stop in place and thus got edit over as well.
Account now 25% down.

Yippekiay muthaedit :roll:


Some questions I always ask myself before and during the trade...

Am I trading away from extremes in the direction of profit (have I found good quality Momentum on the Higher Time Frames)?
Where is my Line in the Sand and beyond that what is backing me up even more?
Do I have enough space to take the nessasary heat to see my goals realized (seeing profit)?
What are the candle body's and wicks telling me and are they confirming my thoughts?
Am I taking profit when I get good movement and thereby collecting space into the space bank?

Just some thoughts on the matter... It helps going back to the basics from time to time..
Feed my will to feel this moment urging me to cross the line.
Reaching out to embrace the random.
Reaching out to embrace whatever may come.

I trade using <<FX SYNERGY>>

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Postby MightyOne » Fri Oct 25, 2013 6:42 pm

Opened up the GBPUSD 4H and my mind instantly exploded from from all the fractals on the chart!

That is what I get for not drinking rum before opening a chart...
thanks news.
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verify* dont you love when you make typos on charts...

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Postby MightyOne » Fri Oct 25, 2013 6:58 pm

Some analysis for the layman using limited knowledge of triangles:

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dojirock
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Postby dojirock » Fri Oct 25, 2013 7:37 pm

Nice trading raw.

News, always plan your trading rules and trade your plan. Step by step. You seem to be reading the momentum correctly. If you use sema's like I do, define your rules for them which will occur after your RB momentum observation. I also have always used and ema rule. I notice on your charts no visual of a bias. When I post charts its almost always the entry chart, not the bias plan. What do you use, or how do you see your bias. I have listed many examples in this thread, from RB boxes on higher time frame, BB Bands, Macd, momentum behind us Dragon style. Never trade without a bias, we will just be giving our equity away when we do. The below chart has short and long trades based on hard set rules, non discretionary. That follows a bias. I dont know how you see a bias....we all see it differently. If my bias was from a 20 min or longer chart I would have no long trades on the pic below. My bias is based on a 8 min chart, my entries on a 5 min. The next pic gives an example using the macd(awesome indicator if used correctly) So a break down, determine a bias direction, then I look for momentum breaks using my RB(rockboxes). I trade away from higher number sema's only if RB's show the way, other wise I trade toward higher sema's. When to pull the trigger? When above the ema for shorts and below for longs. Take Profits, when im happy, just becomes second nature.
I never add to losers.... and stack to my winners...

doji
Attachments
gbpusdm5bb.png
gbpusdm5bb.png (87.95 KiB) Viewed 504 times
gbpusdm5.png
gbpusdm5.png (71.25 KiB) Viewed 504 times
gbpusdm5b.png
gbpusdm5b.png (62.61 KiB) Viewed 504 times
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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Thank you for your support.


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