A fresh start! Doji's Trading Journal

[arkan1976]

Thanks Roctao.

[dojirock]

Hi arkan,

I do use combining candles in my analysis.
I also marked up a chart for how I see momentum.

doji

Hi friends, please, could someone explain me if the four candles bullish and 2 candles bearish in the picture are considered MOMO ?

and please, someone remember a thread or post where is explained how forming the MOMO ?
Thanks.



Other example of my question...

[arkan1976]

Ok Doji, Thanks .

[newscalper]

Hmm

[arkan1976]

Thanks a lot Newscalper, very interesting .
At the moment 5 trades
Gbpjpy : 2 trades = -8 pips.

The next trades here with a picture.

[newscalper]

There's also another loss on that chart - to the right can you see there's a short RB which is lower than the previous long RB, you could well have been looking for a short there and got caught out.

[arkan1976]

Newscalper, do you mean this ?

[newscalper]

Yes
To be long, a short RB is overcome by a long RB
And vice versa

And as I noted - spot the loss on the chart I marked up
And the long was dodgy imo too

[ForexTiger]

Scalping involves lots of concentration. I hope you have the time and patience to survive it. Good luck

[dojirock]

It can be alot more difficult than it needs to be.....

Tip: Don't be a Yalie, be a Rat! Alot less thought process.

Scalping involves lots of concentration. I hope you have the time and patience to survive it. Good luck