A fresh start! Doji's Trading Journal

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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
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gbpusdm5bb.png
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gbpusdm5.png
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gbpusdm5b.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 » Sat Oct 26, 2013 5:11 am

Start to finish. Applies to anytime frame (i just like the short ones) Any pair. I have my favorites though. I put the notes on each chart.
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eurjpym5bigpic.png
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eurjpym5entryview.png
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eurjpym15entry chart.png
eurjpym15entry chart.png (64.07 KiB) Viewed 521 times
eurjpyh1rbbox.png
eurjpyh1rbbox.png (71.46 KiB) Viewed 521 times
eurjpyh4bias.png
eurjpyh4bias.png (87.99 KiB) Viewed 521 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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MightyOne
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Postby MightyOne » Sat Oct 26, 2013 6:32 am

I still don't understand how news lost 25% in one trade...
I can understand if it were a 167 pip gap move after doubling my lots, drunk off my ass staring at a picture I was going to post but now believe to be my actual chart window (has happened); but other than that, damn!

Explain =)

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Postby judokamak » Sat Oct 26, 2013 3:15 pm

Great "play by play" doji, very helpfull. Thanks.

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dragon33
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Postby dragon33 » Sun Oct 27, 2013 10:14 am

dojirock wrote:Start to finish. Applies to anytime frame (i just like the short ones) Any pair. I have my favorites though. I put the notes on each chart.


It seems like you're back on track after our skypechat ;-)
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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newscalper
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Postby newscalper » Sun Oct 27, 2013 2:30 pm

MightyOne wrote:I still don't understand how news lost 25% in one trade...
I can understand if it were a 167 pip gap move after doubling my lots, drunk off my ass staring at a picture I was going to post but now believe to be my actual chart window (has happened); but other than that, damn!

Explain =)

Not 25pct on one trade. Never said that. 25%dd on the year.
And Jal - account was 10% in dd already, no 'space' to apply. Thanks anyway.

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newscalper
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Postby newscalper » Sun Oct 27, 2013 2:32 pm

dojirock wrote: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


Thank you for all the work on these, will print out and study in depth. One thing I see if that you're now only using runs of bars for boxes and ignoring the singular, otherwise there are ones on there you're not drawing. Another thing that's blown my mind, is, and I@ve only looked cusroarly for a start - why doesn't the bias zone logic also apply to the H4 chart 0 the one where you've set the alarm - you've basically see the start of a 123 forming with a potential higher low. BUT, if yo apply the bias zone principle to the H4 the zone for short has not been broken to the upside so you're trading against the long term bias at that point?

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dojirock
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Postby dojirock » Sun Oct 27, 2013 3:47 pm

Yes! Thank you! I find I lose focus over time and can almost feel a feeling of defeat at times. Posting what I know to be true draws my focus back to trade what I know is true when other distractions tend to drag me from what has been a blessing. Its very helpful for me to interact with like traders and post to get focus back. Helping others all ways helps me also. It shows in my stats. Thank you Dragon for keeping the open door for me to come and get put back on track when I get that feeling of being lost.

doji

dragon33 wrote:
dojirock wrote:Start to finish. Applies to anytime frame (i just like the short ones) Any pair. I have my favorites though. I put the notes on each chart.


It seems like you're back on track after our skypechat ;-)
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 » Sun Oct 27, 2013 3:52 pm

News,

I find almost every sema on the 4hr is tradable for some points. I have developed the discipline to wait for the sema and then the RB confirmation to go using the lower time frames. Very few of my trades come late after the 1st confirmation. If I don't get in on the 1st confirmation or near it...I will wait for next sema. Not always the 4hr, sometimes the hourly. Im still a 2 time frame trader. For some reason, which I am ok with not knowing now, that 3rd time frame always throws doubt in my analysis. That doubt always causes me to trade foolishly or paralyzes me, so I don't do it anymore. Two time frames is where I have learned to find my success.
Attachments
eurjpyh4bias_146.png
eurjpyh4bias_146.png (103.19 KiB) Viewed 422 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!"

FXfreak
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Postby FXfreak » Sun Oct 27, 2013 7:13 pm

hi guys,

nearly a year went by as i had some webinars with doji.

His insights were really helpful but up to now i'm still not a profitable trader.

I will show my trades here in the next days/weeks/months...i hope to get some input ......i wanna see the final light...

doji, great work in the thread!! it is nice to have somebody who is successfull but sometimes also struggles with market...

guys, enjoy the day!
fx

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