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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arkan1976
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Postby arkan1976 » Thu Nov 01, 2012 12:02 pm

yes new scalper. Thanks.
The problem is that, i always see 2 things, 2 ways to go, but i don´t know how differ form one another.

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MightyOne
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Postby MightyOne » Thu Nov 01, 2012 12:31 pm

arkan1976 wrote:sorry for asking so many questions

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You tell me...

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arkan1976
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Postby arkan1976 » Thu Nov 01, 2012 12:49 pm

I don´t know waht tell you MO ... Sorry.

arkan1976
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Postby arkan1976 » Thu Nov 01, 2012 1:02 pm

would be this ?

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arkan1976
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Postby arkan1976 » Thu Nov 01, 2012 1:16 pm

The same situation, short ?
I think the bias is long, but the price is in 4h mightyzone, reach a 30 min zline, would be a good point to enter in short with rat entry ?

or would be more sure wait a retractment to 30 min zline and enter long ?

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withnail
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Postby withnail » Thu Nov 01, 2012 1:30 pm

Maybe this will help. Blue lines are S/D or Zlines. Fibs just to show yu where you are within the bigger range and where you are between the z line above and below price.
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1. Big loss, 2. Small Loss, 3. Big Win, 4. Small Win --- just prevent 1.

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Postby bettlebox » Thu Nov 01, 2012 1:46 pm

2 trades on EU in morning session. Starting to gain confidence in what im doing, now taking aggressive entries on rat trades.

First Trade i knew coming to heavy support area i wanted to see a strong 15min bar, with chance run down to 4hr zline just below, never happened took what i could get. Aggressive control of S/L on this trade.

Second trade, simple run to 4hr zline.


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newscalper
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Postby newscalper » Thu Nov 01, 2012 2:53 pm

arkan1976 wrote:I don´t know waht tell you MO ... Sorry.

I think what Mo is saying is that if you are trading for position like he does rather than scalping and positioning from the long term pointy place, price has already fallen too far to go short on the basis of the amount of space he's using - it's too expensive - too much space is required. - He's drawn the 2 fibs showing lot sizes he can buy/sell from his positions- and price had fallen past the red to the green meaning he could only buy at those prices and/or liquidate some of his already short positions if he was already short.

Is that right Mo?
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Last edited by newscalper on Thu Nov 01, 2012 4:00 pm, edited 3 times in total.

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newscalper
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Postby newscalper » Thu Nov 01, 2012 2:55 pm

MO - are you 'hedging' with this strategy i.e. long and short at the same time and buying and selling depending on etc etc or are you liquidating if/when price goes to the opposing price levels?

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newscalper
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Postby newscalper » Thu Nov 01, 2012 3:13 pm

And then the renko thingy :lol:
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Says go short but it will be straight into 2 stacked H1 mighty zones. Wahay :lol:

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