A fresh start! Doji's Trading Journal

[bettlebox]

Oh yes.

Thanks doji

Now that was simple to see, eh?
reversed mbar breakout on higher time frame......crossing the ema......
then we know price will retrace to the lower side of the ema.....
start marking the highs...
get in on the break.

Nice one BB

[arkan1976]

Please, in this situation, what do you think, short or long ?

[arkan1976]

Finally I decided to think in short ....

[arkan1976]

and obviously I was wrong

[Karma]

You were right originally, but you missed the boat

If you had shorted on the 1h chart from the white lines, against the herd

you would have made nice points

[arkan1976]

but, the bias was bearish, no ?

[es/pip]

Karma said it above.

Not saying you cant short there but after the below happens you have to be tight with it and or be long biased.


Try and feel what is happening based on what the other traders are doing, and where they are positioned.





I was thinking the below. Dont get me wrong, I for sure took a few in the ass today as well. All worked out ok though.

[es/pip]

When i say biased i mean overall.

I will be short biased at times and only trade long. That may be due to not getting a good retrace to get short and just fading the herd on the moves or whatever.

But when i trade against the biggger picture i am real tight with the trade and will take a BE or -1 2 or whatever, long before i will take a full stop.

Not really sure how to explain it, other than you just need to try and feel the other traders and what they are doing.

Then see where they get fckd and fade them.

[dojirock]

[prochargedmopar]

:?

Buying above ma's?
London/NY opens only, Unless you have some good AU data.