A fresh start! Doji's Trading Journal

If you don't know where to start, start here! Don't be afraid to ask questions.

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dojirock
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Postby dojirock » Wed Oct 03, 2012 6:46 pm

No problem BB,

look for the breakout.....i look at the 50percent area of the candle that is actually breaking out...if there is a run of same color candles...do the 50percent of the runs...thats one line.....

The open of momentum..that was broke is the other line.....

make sense?
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!"

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bettlebox
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Postby bettlebox » Wed Oct 03, 2012 7:16 pm

Think i got did you see the picture i did in this post http://kreslik.com/forums/viewtopic.php?p=65007#65007

i think you may of just missed it as i posted it? :D

dojirock wrote:No problem BB,

look for the breakout.....i look at the 50percent area of the candle that is actually breaking out...if there is a run of same color candles...do the 50percent of the runs...thats one line.....

The open of momentum..that was broke is the other line.....

make sense?
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 7:29 pm

BB,

Yes I missed your pic...here ya go..I marked it up for ya.
Attachments
answer.jpg
answer.jpg (194.45 KiB) Viewed 2778 times
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!"

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bettlebox
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Postby bettlebox » Wed Oct 03, 2012 7:54 pm

ahh i ok i see, i cleared my old comments and added some new ones.I just make sure im seeing the grey lines you drew in for me correctly.

See picture attached.


thanks doji

dojirock wrote:BB,

Yes I missed your pic...here ya go..I marked it up for ya.
Attachments
answer_124.jpg
Answer Picture with my new comments about grey lines
answer_124.jpg (122.49 KiB) Viewed 2770 times
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 9:00 pm

Almost BB,

In the 1st one, im marking the 0 of the red candle, then i mark the 0 and the 50 of the greens combined.

In the 2nd one, I mark the 0 of the green and the 0and the 50 of the reds combined...

Just how I do it...works for me
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!"

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bettlebox
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Postby bettlebox » Wed Oct 03, 2012 9:15 pm

Thanks Doji i understand now, i can see why short wasnt going short at all on that trade and it was at top. I need to absorb it in my trading now.

I will stick to 4hr and 15min as you suggest , i think thats good advice.
Hopefully this will help lot others as well see it.

Really appreciate your effort and time Doji.
I will keep posting in here if thats ok and helping where i can?

BB

dojirock wrote:Almost BB,

In the 1st one, im marking the 0 of the red candle, then i mark the 0 and the 50 of the greens combined.

In the 2nd one, I mark the 0 of the green and the 0and the 50 of the reds combined...

Just how I do it...works for me
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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Tony Montana
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Postby Tony Montana » Thu Oct 04, 2012 12:29 am

In preparing yourself for war, you must rid yourself of myths and
misconceptions. Strategy is not aquestion of learning a series of moves or
ideas tofollow like a recipe
; victory has no magic formula.Ideas are
merely nutrients for the soil: they lie in your brain as possibilities
, so that
in the heat of themoment they can inspire a direction, an appropriateand
creative response. Let go of all fetishes--books,techniques, formulas,
flashy weapons--and learn tobecome your own strategist.



Thus one's victories in battle cannot berepeated--they take their form in
response to inexhaustibly changing circumstances.

Sun-tzu (fourth century B.C.)


*The 33 Strategies of War (robert greene)
While it may be true that 95-99% of Forex traders fail, 100% of Forex traders who never give up will succeed
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dojirock
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Postby dojirock » Thu Oct 04, 2012 12:38 am

The pattern is the same no matter how you learn to see it....
Same on all time frames.

Here is a 30 min 5 min example:

30 min as a bias
Attachments
ex.gif
ex.gif (23.08 KiB) Viewed 2716 times
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!"

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dojirock
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Postby dojirock » Thu Oct 04, 2012 12:39 am

5 min as a entry time frame.....
Attachments
ex2.gif
ex2.gif (27.06 KiB) Viewed 2865 times
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!"

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bettlebox
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Postby bettlebox » Thu Oct 04, 2012 1:48 am

Hi Doji

Can you have look this trade i marked up. I have attached picture so need to log in.

Note:- the shaded blue and red areas are my combineded 4hr candles areas.

My question is :- is that 15min momo off the bottom good enough?, the 3 red down 15min candle previous are freaking me out.

Thanks Doji
Attachments
eu4hr test.gif
4hr Chart with combined candles
eu4hr test.gif (22.84 KiB) Viewed 2849 times
eu15min test.gif
Big view of the 15min with 12ema and 4hr combined shaded areas.
eu15min test.gif (31.5 KiB) Viewed 2849 times
eu15minzoom test.gif
Zoom in view of the 15min with 12ema and 4hr combined shaded areas. And 15min momo with entry area.
eu15minzoom test.gif (30.17 KiB) Viewed 2849 times
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