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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newscalper
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Postby newscalper » Wed Oct 24, 2012 1:22 pm

I'm not saying use this indi as is but it does throw up some things and can help you see momo areas on the chart you may have missed. Been a good day for me today, only been scalping 10 pips a pop using a combination of momo etc and dchappy's Renko method and got 30 on the way down and 20 on the way up. I won't post those charts here as I don't want to clutter the thread with something that has nothing to do with it. 'm finished for the day but I think now would be the time to start looking for shorts if the pa lends itself to it

Image

Actually, sod it, here is the other chart:
Image

I won't post any more of these here though.
Note I'm not trading the indicators, I'm using my prior analysis then using the indis purely as confirmation. The H1 overlay on the Renko helps me see momo bringing a time element to a none time based chart.

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Postby dojirock » Wed Oct 24, 2012 2:59 pm

Hi News,

Making pips, thats what its about.....Post whatever you like here. DC has been a great mentor to many of us.. I keep his renko's open at the home office all the time. It is another way to confirm whats going on. Nothing wrong with using them as a crutch....just make money!

:D :D
"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 newscalper » Wed Oct 24, 2012 4:17 pm

I did :lol:
Image
I know today has been an usual day though, all wins no losses. I need to put some rules into play for that, whether that be stop for the day on a loss or a daily loss limit. Undecided as yet as I know not the probability of this method.

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Postby dojirock » Wed Oct 24, 2012 4:37 pm

No losses....what a feeling eh?
I can tell you this...its the same..if renko is easier do it!
It really is simple... its even easier to see on the renko.
remember this, when ever there is a bias change..let it change...
we dont enter till the pullback, or dcstyle, pullback break of the 2.

great job today!
"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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newscalper
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Postby newscalper » Wed Oct 24, 2012 5:13 pm

:D

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Postby prochargedmopar » Wed Oct 24, 2012 9:30 pm

newscalper wrote:I did :lol:
Image
I know today has been an usual day though, all wins no losses. I need to put some rules into play for that, whether that be stop for the day on a loss or a daily loss limit. Undecided as yet as I know not the probability of this method.


Nice.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby newscalper » Thu Oct 25, 2012 10:56 am

I didn't catch any of today's run up but now short. Am aware of those zones below so possibly doesn't have much room to move, will see how it goes
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Image

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Postby newscalper » Thu Oct 25, 2012 12:44 pm

I nearly cut the trade when it came back but glad I didn't

Image

Out now as it's making a momo and also hitting the long mighty zones on the H4

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Postby Braathen » Thu Oct 25, 2012 1:12 pm

Good stuff newscalper :D

I have been trying to defend my daily low today and when i saw ur post i was like "come at me brohski!" .. and u did lol...

What kind of lot sizes are u entering? do you have a plan for when things
go wrong? how do you define your risk?
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Braathen
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Postby Braathen » Thu Oct 25, 2012 1:15 pm

sorry.. shouldnt ask you about the lot sizes... a mans money is
his own buisness
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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