A fresh start! Doji's Trading Journal

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arkan1976
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Postby arkan1976 » Sun Dec 01, 2013 12:55 pm

Thanks Roctao.

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dojirock
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Postby dojirock » Mon Dec 02, 2013 5:27 am

Hi arkan,

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

doji

arkan1976 wrote: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.

Image

Other example of my question...

Image
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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!"

arkan1976
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Postby arkan1976 » Mon Dec 02, 2013 9:46 am

Ok Doji, Thanks .

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newscalper
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Postby newscalper » Mon Dec 02, 2013 10:52 am

Hmm
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arkan1976
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Postby arkan1976 » Mon Dec 02, 2013 11:08 am

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

The next trades here with a picture.

Image

Image

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newscalper
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Postby newscalper » Mon Dec 02, 2013 1:13 pm

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
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Postby arkan1976 » Mon Dec 02, 2013 3:13 pm

Newscalper, do you mean this ?

Image

Image

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newscalper
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Postby newscalper » Mon Dec 02, 2013 4:02 pm

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

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Postby ForexTiger » Tue Dec 03, 2013 1:16 pm

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

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dojirock
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Postby dojirock » Tue Dec 03, 2013 3:17 pm

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

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


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