A fresh start! Doji's Trading Journal

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onontsira
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Postby onontsira » Mon Feb 03, 2014 10:57 pm

It looks like you had a close look at Space recently

=D>

Will try to do this also asap

I think Doji gave up working with Space in favor of stacking, isn't he?

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Postby newscalper » Tue Feb 04, 2014 9:27 am

Stacking's OK until it bites you in the arse, with stacking you're increasing risk. With space risk stays the same.

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Postby newscalper » Tue Feb 04, 2014 9:35 am

Marrying up the timeframes between different styles.

Daily zLine = Seiden H4 zones, Zline = Dragon Line breakout point on the H4 chart (i.e. daily bar = 3 x zone)

Entries - price returns to zone. See H4 Zline created = Seiden H1 Zone breakout plus failure of Zline in other direction then enter on break of H1 candle OR try to get a retrace entry on M15.

GU - MOMO now forming at the daily low zline area and has broken through the H1 down line. Waiting for H4 bar to close up

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Postby newscalper » Tue Feb 04, 2014 5:15 pm

Image

Image

Image

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Postby MightyOne » Tue Feb 04, 2014 7:28 pm

One of my strategies for understanding a chart is to double the period and consider two time shifts.

Image


Another favorite is to look for triangles.

& last but not least is to throw down horiz. lines.

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Postby newscalper » Wed Feb 05, 2014 9:55 am

Well I held that over night as upper TFs still closing up, I have to sleep. woke up to see a massive down bar in the last hour and if the H4 closes down I should be out - for a loss.

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onontsira
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Postby onontsira » Wed Feb 05, 2014 10:17 am

Seems logical to me because the previous H4 bearish Mbar open wasn't closed over (hope you understand my english...)

It's like we were still in this valid MZ Mbar. If price can't close over this line (bullish momentum is weak) we must exit long trades, it could move the over way. Be aware of short trades...
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Postby onontsira » Wed Feb 05, 2014 10:28 am

If we are in a H4 MZ which is still valid, we can look for shorts here.

I hope I'm not making a fool of myself
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Postby onontsira » Wed Feb 05, 2014 1:27 pm

same this morning on usdchf...
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Postby MightyOne » Wed Feb 05, 2014 4:30 pm

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