A fresh start! Doji's Trading Journal

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Omni
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Postby Omni » Thu Nov 01, 2012 4:44 pm

dojirock wrote:Omni,

If you took all those trades, your doing great! Your lines are similar to mine. I trade mainly the 15 min chart but same principle.
Nice chart.

:)


No, I was not live trading those. This is a new way of looking at the market for me so I'm observing as much as I can. It seems to be a more simple, less confusing and natural way to look at price compared to other ways I have used. I see this sort of price action over and over. I see it work and I see it fail, but I have to say, I see it work much more than I see it fail. I know there is an edge here somewhere.

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bettlebox
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Postby bettlebox » Thu Nov 01, 2012 5:09 pm

your picture made me realise if im going to catch bigger swings i need to focus more on daily charts. I need something higher to aim for.

I currently target nearby 4hr zlines from 15min.


BB

withnail wrote: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.
Image

Cheers,
Withnail
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es/pip
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Postby es/pip » Thu Nov 01, 2012 11:10 pm

I am going to do this response with the spot market.

And again i will preference that what i am going to say this is from my viewpoint and based on a scalping aspect.




PA is a direct reflection of the market participant's decisions.

1. look at the chart.

2. FEEL!!!!!!!!!!!!!!!!!! the other traders

3. FADE THEM !!!!!!!!!!!!!!!

4. Imagine that every order that you place will move the market beyond a point that is acceptable.
a. Take this thought and then position accordingly based on the herd.

5. A zone or area is just a zone or area, it also matters how PA arrived and left this zone. SEE this and acknowledge it.


again, this is from a scalping standpoint. I scalp and trade long term, but scalping is pretty much a lock income( for me), and long term is just an inactive bonus

I will also add i did not take all of these trades, was trading ES mostly today.

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Bend over and assume the position for another 4 years of hope and change.

paweldobkowski
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Postby paweldobkowski » Fri Nov 02, 2012 12:23 am

es/pip wrote:I am going to do this response with the spot market.

And again i will preference that what i am going to say this is from my viewpoint and based on a scalping aspect.




PA is a direct reflection of the market participant's decisions.

1. look at the chart.

2. FEEL!!!!!!!!!!!!!!!!!! the other traders

3. FADE THEM !!!!!!!!!!!!!!!

4. Imagine that every order that you place will move the market beyond a point that is acceptable.
a. Take this thought and then position accordingly based on the herd.

5. A zone or area is just a zone or area, it also matters how PA arrived and left this zone. SEE this and acknowledge it.


again, this is from a scalping standpoint. I scalp and trade long term, but scalping is pretty much a lock income( for me), and long term is just an inactive bonus

I will also add i did not take all of these trades, was trading ES mostly today.

Image

Image

Image

Image


I took +12 off that H&S today. Wasted pips. It went nearly 50 pips.

es/pip im interested in understanding Your concept about "feeling" other traders.

You assume that herd moves the market so You can see what they are doing? OR You see how market is moving than You imagine how they are responding to that and You go in when they get screwed? Or completely different?

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es/pip
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Postby es/pip » Fri Nov 02, 2012 1:00 am

It is more that the pros move the market to screw the herd. The herd moves nothing, they just pile in when it moves. The pros take it to where they want the herd's liquidity.

If a MM wants to get short 500 lots on 6E. This will move the market too much, so instead he buys it up to run the stops and then sells that 500 lot to the buyers in order to take advantage of the liquidity, and in doing so doesn't move the market against him.

Thinking like a MM and taking those entries is far better than taking a 123 BO or rat or whatever.

at least the way i look at it all it is.



But i do not think you really need to look at it that way. More so in the aspect that the market is a whole and then just anticipate where the entire market is going to be screwed and then fade that.

Trade the other trader's emotions and do not trade the chart----- this may be a better explanation of what i am trying to get across.
Bend over and assume the position for another 4 years of hope and change.

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Postby paweldobkowski » Fri Nov 02, 2012 1:44 am

es/pip wrote:It is more that the pros move the market to screw the herd. The herd moves nothing, they just pile in when it moves. The pros take it to where they want the herd's liquidity.

If a MM wants to get short 500 lots on 6E. This will move the market too much, so instead he buys it up to run the stops and then sells that 500 lot to the buyers in order to take advantage of the liquidity, and in doing so doesn't move the market against him.

Thinking like a MM and taking those entries is far better than taking a 123 BO or rat or whatever.

at least the way i look at it all it is.



But i do not think you really need to look at it that way. More so in the aspect that the market is a whole and then just anticipate where the entire market is going to be screwed and then fade that.

Trade the other trader's emotions and do not trade the chart----- this may be a better explanation of what i am trying to get across.


I get that "search for liquidity". Its absolutely logical. In fact You can even see that trading futures and looking at DOM and T&S. That's what Im trading for quite some time now. Its ultimate. Trading anything other than that is always late to the party.

But Im still trading mainly patterns. Not like A->B because it doesnt exist but Im looking for things that I somehow "know" visually. Thats why Im tying to catch what You're saying here because I think there is more to it.

thank You for description es/pip!

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dojirock
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Postby dojirock » Fri Nov 02, 2012 6:40 am

New Month!

Repeat, Repeat, n Repeat!

doji
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"A small loss is just as satisfying as a large gain" -MO
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dojirock
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Postby dojirock » Fri Nov 02, 2012 6:43 am

One hour view, matches the 15 min....no brainer

(bias time frame)
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"A small loss is just as satisfying as a large gain" -MO

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"Once you stack, you'll never go back!"

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Postby PebbleTrader » Fri Nov 02, 2012 7:47 am

Image
Life is just a journey

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dojirock
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Postby dojirock » Fri Nov 02, 2012 7:53 am

You found a tree!

Nice!
:P
"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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