A fresh start! Doji's Trading Journal

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newscalper
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Postby newscalper » Wed Dec 11, 2013 4:01 pm

I got about 2 pips. If the logic hold true should remain holding long until long momo fails. It failed straight away didn't it and blew straight through the low.

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dojirock
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Postby dojirock » Thu Dec 12, 2013 5:09 am

Too mechanical...

Think in terms of statistics. Thats what trading is about. What are the weapons in our trading arsenal?

Rat trade
Dragon Belly
RB's
50 lines
momo
zlines
sema's

Cone lines? im currently working on but refuse to post any yet due to risk of embarrassment. lol

I trade really one basic way all the time using these tools. My templates are different due to different ways of showing how to see these tools but my actual trading doesnt change. On demo I use a modified way of scalping to learn and hopefully to better my live way of trading. Until that happens, I will not change my scalping method. Im very close to finally being able to trade longer term in a way that im comfortable with. Same tools, different rules. The following pic is an example of that.
Have you noticed, Bettlebox, trades the same all the time, he knows his success depends on it. But, he does look for improvements on the side to add to his success but not till it has proved itself.
Arkan, look at his charts, all the same... Find a way that works for you news, with your emotions and understanding, regardless the success rate.
THEN make the small changes to make it successful.




newscalper wrote:
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?
"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 » Thu Dec 12, 2013 5:13 am

Getting real close to my long term, 1hr trading goal using RB's
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"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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newscalper
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Postby newscalper » Thu Dec 12, 2013 7:52 am

Thx Doji
I don't understand the Dragon Belly candles at all lol

Image

Fibs say I've missed the boat but an RB hasn't formed. A 15 min RB has formed but it's not above the H1, waiting for pullback

waiting

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MightyOne
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Postby MightyOne » Thu Dec 12, 2013 9:35 am

Dragon Belly should alter your perception in such a way that the correct choice becomes more obvious.

The difference in closing price is not a big deal because closes are completely random anyway.
What is a big deal is altering the body sizes so that you "see the way"; bodies "show the way".

Image

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dojirock
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Postby dojirock » Thu Dec 12, 2013 3:27 pm

Feels good to sleep and trade! Need to put down in a trading plan now and increase lot size after I get some space.
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"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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TygerKrane
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Postby TygerKrane » Thu Dec 12, 2013 4:42 pm

I know I haven't been an active poster, but I've never heard of a Dragon Belly...

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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newscalper
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Postby newscalper » Thu Dec 12, 2013 5:13 pm

TygerKrane wrote:I know I haven't been an active poster, but I've never heard of a Dragon Belly...

It's about 1 page ago - it's another HA type candle

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newscalper
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Postby newscalper » Thu Dec 12, 2013 5:15 pm

Image

Image

Yeah I know I was short and long dollar at the same time

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Postby Jalarupa » Thu Dec 12, 2013 5:58 pm

="newscalper"]Image

Image

Yeah I know I was short and long dollar at the same time


I've been watching this arbitrage for a while... You definitely had the right idea but sad to say you are about a week late to the party...

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"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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