A fresh start! Doji's Trading Journal

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MightyOne
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Postby MightyOne » Tue Oct 02, 2012 4:23 am

In the end, nothing is real except your psychology, money management, and a set of big furry balls to pull it all together. ;)

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newscalper
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Postby newscalper » Tue Oct 02, 2012 7:20 am

hi guys :)
Is this maked up right?

Image

Image

Image

Image

Image

I hope they are the right pictures, I'm not liking the new photobucket layout yet

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bettlebox
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Postby bettlebox » Tue Oct 02, 2012 12:08 pm

Hi Newscalper

when i m drawing the key levels on daily i use the open, close and 50%. I don't include wick. I will note the high and low ie wicks just to watch price action on lower level to make sure it will go through or fail.

Like Dragon banged on about in his posts OPENING,CLOSE AND 50% ARE IMPORTANT. This is where i getting this info.

heres how i drew up todays action. I took the rat trade as indicatiated in my drawings.

Im only looking for rat trades off 1day key level and/or 4hr combined key level. Throw in a 1hr and 15min zline thats the setup. I use semaphors as indication of extreme of price action.

**MAKE SURE TO LOG IN THERE IS ATTACHED GIF PICTURE YOU CAN'T SEE ABOUT SUPPLY/DEMAND AND COMBINED 4HRS**

Previous days open,close and 50%


Price out of range mark nearest open or close or 50%.


I also marked previous just so i can keep eye on it as a point of interest.


This what the 4hr chart looks like with 4hr combined.


BB
Attachments
eusd.gif
SEE HOW SUPPLY/DEMAND LINES UP WITH COMBINED 4HR?
eusd.gif (28.66 KiB) Viewed 372 times
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bettlebox
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Postby bettlebox » Tue Oct 02, 2012 12:19 pm

Im just starting to realise this is true. LOL "big fury balls" i will get back to on that when i grow a pair :lol:

MightyOne wrote:In the end, nothing is real except your psychology, money management, and a set of big furry balls to pull it all together. ;)
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 » Tue Oct 02, 2012 12:30 pm

Failed Trade out at Break/Even. Level i thought might be good didn't hold. No big deal on to the next level.

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Postby dragon33 » Tue Oct 02, 2012 5:03 pm

bettlebox wrote:Failed Trade out at Break/Even. Level i thought might be good didn't hold. No big deal on to the next level.



Why going short???

Price is still making bodies upside on the higher frames.
Trading is like cycling, first you need to learn how.
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newscalper
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Postby newscalper » Tue Oct 02, 2012 6:00 pm

bettlebox wrote:Hi Newscalper

when i m drawing the key levels on daily i use the open, close and 50%. I don't include wick. I will note the high and low ie wicks just to watch price action on lower level to make sure it will go through or fail.

Like Dragon banged on about in his posts OPENING,CLOSE AND 50% ARE IMPORTANT. This is where i getting this info.

heres how i drew up todays action. I took the rat trade as indicatiated in my drawings.

Im only looking for rat trades off 1day key level and/or 4hr combined key level. Throw in a 1hr and 15min zline thats the setup. I use semaphors as indication of extreme of price action.

**MAKE SURE TO LOG IN THERE IS ATTACHED GIF PICTURE YOU CAN'T SEE ABOUT SUPPLY/DEMAND AND COMBINED 4HRS**

Previous days open,close and 50%


Price out of range mark nearest open or close or 50%.


I also marked previous just so i can keep eye on it as a point of interest.


This what the 4hr chart looks like with 4hr combined.


BB


Hi, thanks Ill give that a good look later on. My fibs WERE based on bodies and not wicks so I'm not sure why I'm wrong?
So you are looking for a long as yesterday closed up irrespective of the supply seen previously?

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bettlebox
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Postby bettlebox » Tue Oct 02, 2012 6:15 pm

Hay Dragon

Nice to see you thanks for the input.

Is this what you are seeing when you say "price is still making bodies to the upside on the higher frames"

Because the close of the 1hr i took rat trade short, closed in range of the top wick previous 4hr :?: ?? you can say price isnt ready to come down yet :?: ??

Im trying to grasp what you are seeing to make that statement.

Maybe you can give me underlying principle behind your thought processes?

Thanks
BB



dragon33 wrote:
bettlebox wrote:Failed Trade out at Break/Even. Level i thought might be good didn't hold. No big deal on to the next level.



Why going short???

Price is still making bodies upside on the higher frames.
Last edited by bettlebox on Tue Oct 02, 2012 9:11 pm, edited 1 time in total.
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 » Tue Oct 02, 2012 9:10 pm

Hi newscalper

its difficult to follow your pictures i wasnt too sure how you was marking things up. So showed how i was doing it again too make sure.

Yea but you are right i was looking longs today based on yesterdays action.

BB
newscalper wrote:
bettlebox wrote:Hi Newscalper

when i m drawing the key levels on daily i use the open, close and 50%. I don't include wick. I will note the high and low ie wicks just to watch price action on lower level to make sure it will go through or fail.

Like Dragon banged on about in his posts OPENING,CLOSE AND 50% ARE IMPORTANT. This is where i getting this info.

heres how i drew up todays action. I took the rat trade as indicatiated in my drawings.

Im only looking for rat trades off 1day key level and/or 4hr combined key level. Throw in a 1hr and 15min zline thats the setup. I use semaphors as indication of extreme of price action.

**MAKE SURE TO LOG IN THERE IS ATTACHED GIF PICTURE YOU CAN'T SEE ABOUT SUPPLY/DEMAND AND COMBINED 4HRS**

Previous days open,close and 50%


Price out of range mark nearest open or close or 50%.


I also marked previous just so i can keep eye on it as a point of interest.


This what the 4hr chart looks like with 4hr combined.


BB


Hi, thanks Ill give that a good look later on. My fibs WERE based on bodies and not wicks so I'm not sure why I'm wrong?
So you are looking for a long as yesterday closed up irrespective of the supply seen previously?
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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dojirock
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Postby dojirock » Wed Oct 03, 2012 6:12 am

Hey BB,

Until Dragon responds, this is how I see it...

Hope it helps

4hr
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james4hr.gif (27.31 KiB) Viewed 279 times
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