A fresh start! Doji's Trading Journal
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Last chart for day...It is Valentines Day, going to spend some time with the wife.
Bias long
take the pips.
Have a great weekend.
doji
Bias long
take the pips.
Have a great weekend.
doji
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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!"
"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!"
- newscalper
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bettlebox wrote:Does anyone understand the concept of Close Above Close Below and can clarify it for me.
I think my conceptual model what i think it is, is wrong and it keeps flip flopping with in my mind. Thanks BB
Funny how we can take something like this and have different views on it. For me I use it like S&R, to see if a move is reversing or a pullback (if it only closed above and not below the line).
A bit like when News said she had so many bits left over. I'm sure they are going to be different ways of looking at the same thing.
Anyway here is a chart, I hope it's not too messy, with many examples on the one chart. Kind of like looking at a 1-2-3 on a line. Did it close under, then close over, then only wick at the line on the next visit.
Is price closing higher or lower than something? Simple yet powerful question. ..MO
Hi Dan
Sure is, make simple things difficult - start over again - gain complexity - start over again, I know it well.
Glad it's working well for you.
Dan wrote:P.S. Not trying to make your trading knowledge seem irrelevant, just trying to help with simplifying the process because thats the key in my opinion.
Sure is, make simple things difficult - start over again - gain complexity - start over again, I know it well.
Glad it's working well for you.
Is price closing higher or lower than something? Simple yet powerful question. ..MO
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- newscalper
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- newscalper
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Humble wrote:bettlebox wrote:Does anyone understand the concept of Close Above Close Below and can clarify it for me.
I think my conceptual model what i think it is, is wrong and it keeps flip flopping with in my mind. Thanks BB
Funny how we can take something like this and have different views on it. For me I use it like S&R, to see if a move is reversing or a pullback (if it only closed above and not below the line).
A bit like when News said she had so many bits left over. I'm sure they are going to be different ways of looking at the same thing.
Anyway here is a chart, I hope it's not too messy, with many examples on the one chart. Kind of like looking at a 1-2-3 on a line. Did it close under, then close over, then only wick at the line on the next visit.
Hi Humble - interesting chart for an overview. What I see is a breakout of a DL then on return a 'rat', then you're drawing another line at the 'rat' breakout and then somehow entering at a return to that line.
Are they just examples or the only DL breakouts you'd draw. Reason I ask is because there's lots more of them on there than the one's you've drawn.
Cheers
- newscalper
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On the other chart I'm watching all these would have been entries
Not taken them as opened the GU. So far I don't think I'd have made +ve pips so that would have been another % or 2 off the account and it now looks like it's going to close down down down.
I know it's bank holiday and no news today - so not likely to get taken out with a spike. EU has been a mess, GU has trended, so bank holiday hasn't made much difference.
Not taken them as opened the GU. So far I don't think I'd have made +ve pips so that would have been another % or 2 off the account and it now looks like it's going to close down down down.
I know it's bank holiday and no news today - so not likely to get taken out with a spike. EU has been a mess, GU has trended, so bank holiday hasn't made much difference.
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