A fresh start! Doji's Trading Journal

[dojirock]

Doji

[dojirock]

This doesnt look like at all what you guys are trading....
now im completely lost....im really feeling stupid..here....especially after reading the threads......everyone saying how easy it is!

[pablo101]

Doji

doji

this had been said before ...

if you're trying to make a fresh start and starting off, trade with the recent momo on the higher time frame

look at h4 and can you see that shorts have a higher probabailty of being successful

I dont know if you're trying to emuulate AJ or ES but leave that for now as they are pros and exit when they feel its not going their way

[dojirock]

pablo thank you,

your right I was trying to be a aj or es...reading through the lukx thread...everyone says its so easy....

Maybe I need to crawl before I run.
Iposted some 4 hour charts...
Can you mark them up...so I know what im supposed to be looking for?
I take it you trade the Dragon way?

doji

[dojirock]

Can we trade to the 50% line if we have an mbar showing us the way to it?
doji


I feel better now too...sorry for the slip up....

[pablo101]

Do we trade to the 50% line or away from it?

doji

"Do we....."

MO would kill u if you ask questions like that

-----------------------------------------------------

Some questions to give the noggin some juice

Can you trade from 50%? > Is there stf mbar away from 50%?

Can you trade to 50%? > Is there stf mbar towards 50%?

[pablo101]

pablo thank you,

your right I was trying to be a aj or es...reading through the lukx thread...everyone says its so easy....

Maybe I need to crawl before I run.
Iposted some 4 hour charts...
Can you mark them up...so I know what im supposed to be looking for?
I take it you trade the Dragon way?

doji

This EU looks good

Lukx's thread is great and I made many boob trades from reading and rereading that. But in the end, the pros there all preached simplicity ... just look for mbar and trade away whether it's a zline or sr level.

I just trade in the direction of the higher time frame and I use 3CC to do that. When I'm clear with the direction, I scalp pips going in that direction. 3CC is the best thing since sliced bread in my books

[newscalper]

Here's my take on the same thing, it may or may not help
One questinon I'd love to ask Dragon is:
how long do you consider hourly momentum away from a level to be valid? If it was some time ago I look for fresh momentum from the level before entering (safer but you often miss moves that just hit the level and fly).
Here's the charts anyway. I could guess you'd say I was trading 'reverting to the mean' most of the time i.e. trading a range. Often I will go to the bigger chart to find the range. Of course it looks like trends on the smaller chart. Trading with candle colour will keep you out of a lot of trouble (although it didn't help me yesterday on the Swiss pairs as I did a very good job of picking the wrong levels (too soon) to go long and got my ass handed to me )

[dojirock]

Banks are open for business!

[dojirock]

man....