A fresh start! Doji's Trading Journal

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Tue Dec 10, 2013 8:00 pm

Mo you make it look so simple. I get headaches on some of my trades!

:D
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!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6055
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 560
Gender: Male

Postby MightyOne » Tue Dec 10, 2013 8:02 pm

I think that we all need to find our inner child ;)

User avatar
newscalper
rank: 1000+ posts
rank: 1000+ posts
Posts: 1068
Joined: Tue Oct 19, 2010 5:58 pm
Reputation: 7
Gender: Female

Postby newscalper » Tue Dec 10, 2013 9:01 pm

Thx for the charts

User avatar
newscalper
rank: 1000+ posts
rank: 1000+ posts
Posts: 1068
Joined: Tue Oct 19, 2010 5:58 pm
Reputation: 7
Gender: Female

Postby newscalper » Tue Dec 10, 2013 9:35 pm

dojirock wrote:I first wait for semas to start lining up. Then look for RB or 50 lines to start forming with a lower high, lower low. The daily candle had gone bullish then below the daily open, so I was trading away from the extreme on this one.


OK, to clarify on this and the marrying up of TFs.
1. You're looking for an H4 sema to be at the same price as a previous H4 sema?
2. You're then looking for RBs or 50s (I understand both, no worries, thanks) on the m5? OK...what about when you've said gonig with the higher tf rb?
3. You're trading in the direction of the daily?

And these are rules or just in this instance?

Am I being too mechanical about this?

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Wed Dec 11, 2013 4:34 am

Still holding...trailing it by 25
Attachments
usdjpym5_12102013.png
usdjpym5_12102013.png (50.32 KiB) Viewed 2732 times
2013-12-10_2333.png
2013-12-10_2333.png (36.46 KiB) Viewed 2735 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!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1300
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 324
Location: South Africa
Gender: None specified

Postby Jalarupa » Wed Dec 11, 2013 5:21 am

MightyOne wrote:I just look at the large chart for ideas then trust that I'll see something similar on the small charts...

Image


Wow I had that drawn in already...! :shock:
Still too many lines I know (I'm still training to see like this)

Yesterday
Image


Today
Image
:smt065

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6055
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 560
Gender: Male

Postby MightyOne » Wed Dec 11, 2013 5:39 am

Just consider which of those lines would be most helpful in deciding what to do NOW and delete the others.

You can always draw more lines when price moves somewhere else ;)

User avatar
newscalper
rank: 1000+ posts
rank: 1000+ posts
Posts: 1068
Joined: Tue Oct 19, 2010 5:58 pm
Reputation: 7
Gender: Female

Postby newscalper » Wed Dec 11, 2013 8:46 am

Image

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6055
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 560
Gender: Male

Postby MightyOne » Wed Dec 11, 2013 9:09 am

Yes, you have the right idea news.

Image


Look for cones and then slice through it with a pennant for possible triggers.

User avatar
newscalper
rank: 1000+ posts
rank: 1000+ posts
Posts: 1068
Joined: Tue Oct 19, 2010 5:58 pm
Reputation: 7
Gender: Female

Postby newscalper » Wed Dec 11, 2013 2:05 pm

No idea about cones etc. What I was referring to was that a green RB overcame a red RB so why isn't that 'go long'. I did actually but managed to get out at b/e. Why are some RBs just ignored?

Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”