A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Fri Oct 05, 2012 3:54 am

Here is the Indi you guys requested.....
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ZigZagWithValueRed.mq4
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"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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Postby bettlebox » Fri Oct 05, 2012 6:26 am

MO,

You know after all these years of reading everything, it really boils that to this. It took for someone to point it out to me, thanks Doji. Im kind of bit like :roll: at moment.

I can see how i limited my view of momentum thinking it was constrained by time ie candle formation and of course that is rubbish. Price will keep going until it hits demand/supply level.

Question i m left with was my time wasted in read things, struggling with concepts, picking through peoples confusion which made me confused?
I can't answer that at moment. Theres part of me says you have gained some degree of knowledge, then there is another says at what cost.

If i was new person here i say study the picture and words below because everything is contained, very simply, in what MO says and showed in his picture.

Thanks MO,Doji

BB

MightyOne wrote: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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bettlebox
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Postby bettlebox » Fri Oct 05, 2012 6:44 am

EU Trade Short
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EU
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Postby bettlebox » Fri Oct 05, 2012 6:47 am

:) Thanks Doji
dojirock wrote:Here is the Indi you guys requested.....
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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Postby bettlebox » Fri Oct 05, 2012 9:07 am

closed my trade at 4hr keylevel. I faded it hoping see if close below the 50% but it didnt.


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Postby totem » Fri Oct 05, 2012 9:33 am

hate it when it misses my target by a few pips ... no likey :(

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Postby newscalper » Fri Oct 05, 2012 10:35 am

Wow, this thread is turning into gold :D

I've not had a chance to read and study it properly yet as I'm very busy with something else, I really feel like I'm missing out as I think the last few days have got right into the meat of things and I feel I should participate right now but there are other things calling.

I hope you'll be patient with me when I come back and ask some more dumb questions when I get the chance. I need to put a few hours aside, and soon to really get my head around this properly - it's there on these last few pages right before me, now I need to see it.

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Postby PebbleTrader » Fri Oct 05, 2012 6:53 pm

I'm planning on comparing the zigzag "indi" Doji posted with the debug mode of Bredin's PnF this weekend.

What I'm thinking is that you could use it like PnF without using a PnF chart.

So you would be able to see it and only need one chart...
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Postby PebbleTrader » Fri Oct 05, 2012 6:57 pm

If anyone knows the logic behind the "indi", it would be helpful to post a short writeup of it.

Otherwise, I'll dig into the code to figure out what it is doing.
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Postby dojirock » Fri Oct 05, 2012 10:44 pm

Hey PT,

I think it acts like a fractal indicator, it repaints until price turns for a certain number of bars....then the line stays put...the shorter the number the tighter the turns.....

thats how I see it....
"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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