A fresh start! Doji's Trading Journal

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MightyOne
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Postby MightyOne » Sat Sep 29, 2012 1:35 pm

There is really nothing to it...

You have supply, demand, & middle.

In a rising market, either the high or the middle becomes the new low.

Watch the candles to see if they become consecutively smaller/larger when they draw near to a level.

True momo candles, momo by comparison..., will usually point out S/D.

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prochargedmopar
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Postby prochargedmopar » Sat Sep 29, 2012 1:46 pm

bettlebox wrote:This shows analysis of price rotation on 4hr chart with 1 day overlay (grey dotted boxes) see how everyday price rotations around support becoming resistance, resistance becoming support. On and on day in day out. Combine this with daily key level , 4hr candles (combined).

Concept


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BB




Sure glad you used the horizontal lines
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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MightyOne
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Postby MightyOne » Sat Sep 29, 2012 1:57 pm

This is how you use the fibo accumulation method in congestion/stair-stepping PA: notice that the position does not move:

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bettlebox
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Postby bettlebox » Sat Sep 29, 2012 2:19 pm

thanks Mo , i understand your post about new high or middle becoming new low. that is very simple.


Prochargedmopar, i don't understand anything in what you posted. Would you care to be bit more verbose?
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dojirock
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Postby dojirock » Sat Sep 29, 2012 4:41 pm

Pro is showing that price moves in waves, constantly from one level to the next, same on all time frames, after 3-4 waves generally look for a reason to catch the next 3-4-waves after it reverses. The reversal is a wave on a higher time frame. Dchappy uses same concept with rangebars, 1,2,3..
Last edited by dojirock on Sat Sep 29, 2012 4:45 pm, edited 1 time in total.
"A small loss is just as satisfying as a large gain" -MO
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Postby prochargedmopar » Sat Sep 29, 2012 4:44 pm

bettlebox wrote:thanks Mo , i understand your post about new high or middle becoming new low. that is very simple.


Prochargedmopar, i don't understand anything in what you posted. Would you care to be bit more verbose?


No,
Presenting a couple questions.

MO said we should be trading an "idea" by way of an I/T line (paraphrased) and yours seem to be pretty good.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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dojirock
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Postby dojirock » Sat Sep 29, 2012 4:49 pm

:(
Last edited by dojirock on Sun Sep 30, 2012 5:06 am, edited 1 time in total.
"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!"

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bettlebox
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Postby bettlebox » Sat Sep 29, 2012 4:57 pm

Thanks i understand.
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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bettlebox
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Postby bettlebox » Sun Sep 30, 2012 12:08 pm

Sams Odd enhancers at work to help on those tricky rats where you might get hammered.

http://lessons.tradingacademy.com/artic ... that-pays/

This is breakdown of 4hr combined with 1hr orderzone of 4hr combined 50%, note of interest the 3 x 1hr orderzone stack on top each. There is usually a reason why price is doing what it is doing.

BB
Attachments
exp.gif
4hr Chart
exp.gif (25.36 KiB) Viewed 275 times
exp1.gif
1hr Chart with 4hr Overlay
exp1.gif (36.9 KiB) Viewed 275 times
exp2.gif
15min Chart just to show the fail Rat Trades and Deepest retracement.
exp2.gif (36.79 KiB) Viewed 275 times
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

Karma
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Postby Karma » Sun Sep 30, 2012 2:38 pm

MightyOne wrote: Then I would say Ken Roberts because I have looked up to him, since age 16, as a model of success.
Without Ken Roberts there would have been no MO; you could say that the man beget me :wink:


Forgive my ignorance MO

But Ken Roberts?
http://en.wikipedia.org/wiki/Kenneth_Roberts

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