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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6055
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 560
Gender: Male

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:

Image

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

User avatar
bettlebox
rank: 500+ posts
rank: 500+ posts
Posts: 733
Joined: Thu Mar 11, 2010 12:06 pm
Reputation: 9
Gender: None specified

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

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

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.
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!"

User avatar
prochargedmopar
rank: 10000+ posts
rank: 10000+ posts
Posts: 12045
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 1790
Location: Granbury, TX
Gender: Male
Contact:

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

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

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.
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!"

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

User avatar
bettlebox
rank: 500+ posts
rank: 500+ posts
Posts: 733
Joined: Thu Mar 11, 2010 12:06 pm
Reputation: 9
Gender: None specified

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.

User avatar
bettlebox
rank: 500+ posts
rank: 500+ posts
Posts: 733
Joined: Thu Mar 11, 2010 12:06 pm
Reputation: 9
Gender: None specified

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 2648 times
exp1.gif
1hr Chart with 4hr Overlay
exp1.gif (36.9 KiB) Viewed 2648 times
exp2.gif
15min Chart just to show the fail Rat Trades and Deepest retracement.
exp2.gif (36.79 KiB) Viewed 2648 times
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

Karma
rank: 50+ posts
rank: 50+ posts
Posts: 145
Joined: Sat Jun 04, 2011 11:59 am
Reputation: 0
Location: South Florida
Gender: Male

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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6055
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 560
Gender: Male

Postby MightyOne » Sun Sep 30, 2012 3:00 pm

Karma wrote:
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


http://www.kenroberts.com/ken_bio.php

User avatar
prochargedmopar
rank: 10000+ posts
rank: 10000+ posts
Posts: 12045
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 1790
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Sun Sep 30, 2012 7:16 pm

MightyOne wrote:
Karma wrote:
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


http://www.kenroberts.com/ken_bio.php


There are some really nasty reviews of this guys teaching and methods when you do a google search.

I did that just after you posted his name.

It's my assumption that the losers blame their OWN inadequacies on him.
Hey, just because THEY don't understand a simple 123 market turning point isn't his fault.
#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

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


Return to “beginners forum”