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

raw
rank: 50+ posts
rank: 50+ posts
Posts: 58
Joined: Thu Jun 20, 2013 2:54 pm
Reputation: 0
Gender: None specified

Postby raw » Mon Aug 04, 2014 4:23 pm

Holiday up here in the GWN.

Not using RB's, as my single horizontal lines work just fine.

However, I'm givin RB's a try again.

H1 RB, rat outta the box.
Attachments
usdjpym15.png
usdjpym15.png (32.08 KiB) Viewed 413 times

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

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Mon Aug 04, 2014 4:34 pm

eh...

your buying into a hourly momo and rb....
I would agree that you need to wait longer.

doji
"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!"

raw
rank: 50+ posts
rank: 50+ posts
Posts: 58
Joined: Thu Jun 20, 2013 2:54 pm
Reputation: 0
Gender: None specified

Postby raw » Mon Aug 04, 2014 4:45 pm

Hi doji

There are 2 boxes I'm looking at.

The smaller one just where price just passed, and the box that price is currently in.

We have h1 rb box, upper end in green.

At what point to we say the bias has changed? Given your last statement regarding the rb above, we should be trading as price crosses the upper rb.

Regardless, I got 3 pips and closed. lol
Attachments
usdjpym15.png
usdjpym15.png (43.77 KiB) Viewed 401 times

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Mon Aug 04, 2014 6:23 pm

With rb's, the best way to trade them is waiting till your above previous trend rb. They were more meant to be traded with, not against, or as a confirmation as I use them.

doji

raw wrote:Hi doji

There are 2 boxes I'm looking at.

The smaller one just where price just passed, and the box that price is currently in.

We have h1 rb box, upper end in green.

At what point to we say the bias has changed? Given your last statement regarding the rb above, we should be trading as price crosses the upper rb.

Regardless, I got 3 pips and closed. lol
"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!"

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Mon Aug 04, 2014 6:43 pm

gbpusd long trade today
Attachments
2014-08-04_1441.png
2014-08-04_1441.png (42.03 KiB) Viewed 379 times
"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
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Mon Aug 04, 2014 6:48 pm

5min view of gbp/usd
Attachments
2014-08-04_1446.png
2014-08-04_1446.png (39.71 KiB) Viewed 376 times
"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!"

raw
rank: 50+ posts
rank: 50+ posts
Posts: 58
Joined: Thu Jun 20, 2013 2:54 pm
Reputation: 0
Gender: None specified

Postby raw » Mon Aug 04, 2014 10:32 pm

Hey Doji,

I don't know why you decided to go long where you did.

No h1 confirmation, h1 not formed yet. h1 previous still down.

Price has hit d1 zline.

The only thing I can think of is maybe RB trade, but there were plenty of opportunities to RB trade long out of the zone within the last 24 hours. Why did you choose to trade it just before price popped?

Thanks for the charts.
Attachments
2014_08_04_1446_377.png
2014_08_04_1446_377.png (55.52 KiB) Viewed 357 times

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Tue Aug 05, 2014 2:01 am

It was a trade based on the 15 min chart. Price closed above the previous hourly momentum. entry was at close of candle.
We had 1hr momentum about 9 hours ago from entry.

doji
"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!"

dchappy
rank: 500+ posts
rank: 500+ posts
Posts: 828
Joined: Sat Feb 14, 2009 8:48 pm
Reputation: 3
Gender: Male

Postby dchappy » Tue Aug 05, 2014 4:02 pm

Hi Guys , Hope you are all having a great summer .

The weather was nasty yesterday so I took a few trades ,

happened to catch the same trade with Doji .

This is how I saw it ....still holding ..

Keep Charging ............ :smt023
Attachments
aug4.JPG
aug4.JPG (132.35 KiB) Viewed 419 times

raw
rank: 50+ posts
rank: 50+ posts
Posts: 58
Joined: Thu Jun 20, 2013 2:54 pm
Reputation: 0
Gender: None specified

Postby raw » Tue Aug 05, 2014 4:11 pm

I don't understand the significance of breaching the candle 9 hours ago/

Regardless. I've been trading like this for months. h1 zline, rat m15. Its the only way I understand price action.

I find that I'm late into the trade if I wait for 'my understanding of the rb'. I might be missing something here.

RB holding currently as price is hitting 50% of h1 momo. Watching for m15 fails.

Anyways, thanks for the updates.

Stacking helps increase the acct :)
Attachments
gbpusdm15.png
gbpusdm15.png (35.83 KiB) Viewed 418 times

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


Return to “beginners forum”