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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PebbleTrader
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Postby PebbleTrader » Tue Oct 09, 2012 3:36 pm

I agree with MOs chart :)
Life is just a journey

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bettlebox
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Postby bettlebox » Tue Oct 09, 2012 3:45 pm

Im scared to ask MO, but i don't understand what he saying.
PebbleTrader wrote:I agree with MOs chart :)
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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Jalarupa
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Postby Jalarupa » Tue Oct 09, 2012 3:48 pm

bettlebox wrote:Im scared to ask MO, but i don't understand what he saying.

PebbleTrader wrote:I agree with MOs chart :)


He is saying that it makes sense to only scalp long when the bigger guys wanna dump the Euro... Which is what the weekly chart suggests... Ergo, your bias should be to sell as that's what the general longer term sentiment is saying... :wink:
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

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Postby Jalarupa » Tue Oct 09, 2012 3:53 pm

Image


I saw it this way... for me 75% ret is a sure fire S&R in forex esp on the daily and H4 charts...
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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Postby PebbleTrader » Tue Oct 09, 2012 3:56 pm

Approaching long term demand level...
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Postby Jalarupa » Tue Oct 09, 2012 4:01 pm

PebbleTrader wrote:Approaching long term demand level...


Image


75% daddyo 8)
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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bettlebox
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Postby bettlebox » Tue Oct 09, 2012 4:20 pm

Ahh ok i understand now. thanks jala, pebble

Normally i do 4hr and 1hr analysis before i look for trade on 15min , But today i skipped my 1hr analysis. :/

4hr Chart


1hr Chart


BB
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Postby MightyOne » Tue Oct 09, 2012 4:38 pm

I would use expanding/shrinking body sizes as a rough draft of S/D as it only takes 5 minutes to mark up multiple charts.

Simply find the high, middle, and low using:

1) close over & wick
2) expanding/shrinking bodies nearing S/R
3) sudden jumps (4)

High/Low = ~80 rets
Middle = 50 - 66% rets.

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marex
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Hi, 'newbie' here

Postby marex » Tue Oct 09, 2012 11:23 pm

Hey Doji,

This is live. Just wanted to post a chart. I don't use mt4, but its all the same. All lines taken off h4 the odd h1. That's pretty much it. Just a line. :)
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totem
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Postby totem » Wed Oct 10, 2012 2:47 pm

Hey guys, I keep it very simple. Under. Over. Momo. Now waiting for target to get smacked.

Image

My trading improved ten fold after stopping watching candles print, a wigglerly lines and horzontal zones are much easier to interpret imho

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