A fresh start! Doji's Trading Journal

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newscalper
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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?

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

Still holding...trailing it by 25
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It always takes Momentum to break Momentum!
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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
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Today
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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.

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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 ;)

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

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

Yes, you have the right idea news.

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

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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?

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Postby Jalarupa » Wed Dec 11, 2013 2:46 pm

newscalper wrote:No idea about cones etc.


So if you connect a swing high and swing low in a range of 15-25 degrees and move these angles around a bit, you can anticipate price action... and then as MO says... "Slice through it" with a pennant for your entries once price closes over a line or bounces off a line above in this case...

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Feed my will to feel this moment urging me to cross the line.
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I trade using <<FX SYNERGY>>

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dojirock
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Postby dojirock » Wed Dec 11, 2013 2:55 pm

trailed out at +59

news, you will see momentum to push into previous momentum at times
its a number game. Odds are highly in you favor so keep the losses small.
Another thing you can do is watch for more confluence.
Your g/u analysis is correct also, and that one pays off.
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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Postby newscalper » Wed Dec 11, 2013 2:58 pm

Closed for naff all

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