A fresh start! Doji's Trading Journal

[Mira]

Price didn't fill a few limits but i doubled one time (H1)!
Thanks Doji

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[westcountry]

Hi Doji,
Thanks for these gems here in this thread, starting to click for me. Wow!
And to also add: thanks for all the good questions from everyone, which help immensely.
-West

[dojirock]

Perfect Mira,

Price can only go one way. By 'seeing' the underlying origin of PA' it just takes too much MO to hold it at that point. I encourage you all to look at different chart types to solidify this concept in your minds. Charts with the absence of time, are much more clear. Volume charts, tick charts, rangebars are awesome! Avoid any charting that repaints. If you use renko, they must have the wicks to show deception.

Great job!

doji

[dojirock]

Hi Doji,
Thanks for these gems here in this thread, starting to click for me. Wow!
And to also add: thanks for all the good questions from everyone, which help immensely.
-West

Im glad your "seeing" things a bit different. One of the most important things a trader needs to do is really look outside the box. Its right there in front of us but contrary to alot of teachings and remember this one thing if you take anything from this. If something is not working, MAKE A CHANGE. Then look and test again.

There are entry methods and MM methods right in front of us just screaming to be discovered, which I will not cover. (my edge) But it right there on a chart and KISS it..... KEEP IT SIMPLE.

To prove that I like to use Tro's trading style. Its so simple traders dont believe it will work and want to make it difficult. Thus they fail.

doji

[Mira]

Perfect Mira,

Price can only go one way. By 'seeing' the underlying origin of PA' it just takes too much MO to hold it at that point. I encourage you all to look at different chart types to solidify this concept in your minds. Charts with the absence of time, are much more clear. Volume charts, tick charts, rangebars are awesome! Avoid any charting that repaints. If you use renko, they must have the wicks to show deception.

Great job!

doji

I'm looking for some indi for the training that you suggested (different chart types).

Thank you again Doji, your help has been crucial.
I'm honored to learn from you all everyday!

[dojirock]

Do you see?

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2017-04-15_1539.png (40.63 KiB) Viewed 3533 times

doji

[nat]

Do you see?
2017-04-15_1537.png2017-04-15_1539.png

doji

the highlighted candles are ones that closed beyond the previous ones extreme (momentum)

And the green boxes appear to be where direction reversed for the time being?? like mo breaking me like youv'e been saying

[Mira]

Do you see?
2017-04-15_1537.png2017-04-15_1539.png

doji

Very nice indi that one that colors candles and very nice charts!

[Mr. Hyde]

Alright so this is actually perfect 2 types of trades with 2 different outcomes. Should be able to show what and where Im screwing up.

Trades 1 and 2 are about the same, with 1 being a loss and 2 a winner. Both are in a down bar 50 zone. Trade 1 there is down momo that closes beyond previous bars extreme, below the upward momo and has a sema on it. Cant get more perfect. But its a loser. Number 2 has up momo closing beyond previous bars extreme. Next bar wicks the 50 zone and gets rejected. Should be up right. Nope wrong again. 3 and 4 same setup, lots of red bars then some up momo, except 3 blows through and down while 4 just whips back and forth.

This is whats killing me

HI Mr. Hyde,
as everyone knows hind sight trading is way too easy. So.

Trade 1: I assume you have a specific stop set, That is why you took a loss.
Trade 2: looks to me like you changed your bias to long because of the first loss. Even if you encompass the whole move up for your 1st trade loss for upwards momentum your second trade still screams SELL.

Most of our troubles in trading is that we are hunting not trading.
Saturday Sunday I can come up with really good trading plans for the week, but Sunday afternoon the dang thing starts moving and I just gotta kill it.

Bias changing momentum has to be big and quick. The type that makes you cuss like V8?

DOJI it is so cool to see you teaching, having been here long enough to watch your journey unfold.
Thanks

Couple points.
Im starting from scratch here to get the PA foundation right. I haven't given all the pieces yet. One of them is that I only trade off of or away from 2 and 3 sema's. 1's dont give me the range I like on a 15 min chart. Please remember, I have a scalper mentality and my session goal is 20-40 pips. 15 min chart is my favorite.

doji

Do u mean 15m or 1hr charts for the sema's.

Hum I have way to many questions and PA setups swirling in my head to actually put on a forum. Will have to just sit and wait and see. So if you were to trade Asia, London and US that would mean about 60-120 pips a day? Off one pair?

[Mr. Hyde]

Even though it would be traded into 1hr momo with no 1hr bearish momo behind you. Or would you wait?