A fresh start! Doji's Trading Journal

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dojirock
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Postby dojirock » Thu Nov 08, 2012 8:10 pm

Another,
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Postby dojirock » Thu Nov 08, 2012 8:15 pm

15 min.....
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"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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dojirock
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Postby dojirock » Thu Nov 08, 2012 8:25 pm

current....
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"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 » Thu Nov 08, 2012 9:54 pm

Putting it in TRO terms, for a short area, red candle closes, green candle closes, red momo candle (or series of candles) closes

So it's a close over, close under - does the first candle have to be a failed momo?

Also, how do you mark it when the breakout is not within the 0 and 50% area, often you can have a combined candle from 0 to 100 and the breakout is from a swing between 50 and 100 so there's a chance of price turning before it gets to the 50 - do you mark those, ignore them and only look for in the 50, or something else?

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Postby newscalper » Thu Nov 08, 2012 10:16 pm

That zone2 chart is the 15 minute too?
What about all the other zones evident? Why the one marked in particular/
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Postby prochargedmopar » Fri Nov 09, 2012 12:57 am

dojirock wrote:15 min.....


Interesting you cutting it off at the body/close.
#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 dojirock » Fri Nov 09, 2012 1:06 am

lol...your chart pic makes me dizzy!
I would mark that big run up as a longer term candle...then look left the swing would be where i mark it as a breakout.
Dont be afraid to shift time frames....15 to 30, or hourly...get a clear view....
when everything looks like clutter and choppy...move up time frames....it becomes clear....

doji Kriz_Smile
"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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dojirock
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Postby dojirock » Fri Nov 09, 2012 1:10 am

Pro, just how I do it...and it works....

also remember news, looking at the lower left..you have every possible breakout marked......start visually combining them and you will see higher time frame trades on that current chart. Takes a little practice....

also...notice...when you get a valid breakout and draw the zone and it works, the point of a breakout which occurs as it leaves the zone is usually not marked.... or another way of saying it... I take everyother breakout....

alll this is learned by observing...happens all time, on every time frame.

doji
"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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dojirock
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Postby dojirock » Fri Nov 09, 2012 3:07 am

Easy 20...done for the day....I think not!

:smt066
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"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 » Fri Nov 09, 2012 9:31 am

dojirock wrote:Pro, just how I do it...and it works....

also remember news, looking at the lower left..you have every possible breakout marked......start visually combining them and you will see higher time frame trades on that current chart. Takes a little practice....

also...notice...when you get a valid breakout and draw the zone and it works, the point of a breakout which occurs as it leaves the zone is usually not marked.... or another way of saying it... I take everyother breakout....

alll this is learned by observing...happens all time, on every time frame.

doji


Yeah - I'm combining candles anyway to make the zones I put on the chart I posted - so the one from the run up you'd mark as the breakout of the swing high, that's cool. - So when price returned there you were looking for long but price was already creating other zones down?? and went straight through it. Then all the way down, again combining candles, which is what I did, it makes all of those zones going down, firstly it creates one when a singular candle breaks out (that is all you can see at the time), and then later another one if there is a run. Zones are created all the way down on that run - I've showed most of them. You waited for a trade to go short where that spike was but to get to that zone it had to pass through several others - why didn't you try for short in any of those zones at that point in time and that one in particular? I know it's not a 'first hit' thing as you've marked other charts taking more than one entry from a zone.

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