A fresh start! Doji's Trading Journal
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Doji,
When you say you watch the areas of 0% %50 %100
Then
Watch price react? In those areas...
My question is
While watching price come down to these areas...
Are you goin down to 5min or even 1min tf
To watch same price action to enter in smaller tf...
Of momo brakes and enter areas in fib areas?
Or is your entry just rat trade?
And if that entry fails do you enter once only at the area.
Then wait if it goes down to next area of 0 50 100% areas.
Or are you entering any time it shows price coming your way again... Hope that make sense...
When you say you watch the areas of 0% %50 %100
Then
Watch price react? In those areas...
My question is
While watching price come down to these areas...
Are you goin down to 5min or even 1min tf
To watch same price action to enter in smaller tf...
Of momo brakes and enter areas in fib areas?
Or is your entry just rat trade?
And if that entry fails do you enter once only at the area.
Then wait if it goes down to next area of 0 50 100% areas.
Or are you entering any time it shows price coming your way again... Hope that make sense...
- dojirock
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Entries are actually different with every trade, after a while, you will have such a arsenal of entry methods, you will come to know which will work for certain situations. I find now, i set alot of limit orders. I started with cci, then rats, then momo retrace, its up to your style. Important part is having the direction.
How has your trading been, getting better I hope.
dojirock
How has your trading been, getting better I hope.
dojirock
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It always takes Momentum to break Momentum!
"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!"
"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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My trading is still.... well lets just say... its like my windshield after birds fly over it.... pretty crappy. Frickin pigeons get a toilet...
Anyways I do see what everyone is doing but consistency of winning is still not creating any confidence.
What I see now or a lot of times when momo is created...
Price comes back to that point twice then goes the way the trade is going. Which is going towards momentum....
Thanks for the charts
Anyways I do see what everyone is doing but consistency of winning is still not creating any confidence.
What I see now or a lot of times when momo is created...
Price comes back to that point twice then goes the way the trade is going. Which is going towards momentum....
Thanks for the charts
Last edited by MDSEA on Mon Jun 18, 2012 9:24 pm, edited 1 time in total.
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