Im out after take the picture
just Z lines and 5 pip SL for this trade
That round number worked like magic (6200)
A fresh start! Doji's Trading Journal
Moderator: moderators
-
Tony Montana
- rank: 50+ posts
- Posts: 70
- Joined: Thu May 26, 2011 7:03 pm
- Reputation: 2
- Gender:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
-
Tony Montana
- rank: 50+ posts
- Posts: 70
- Joined: Thu May 26, 2011 7:03 pm
- Reputation: 2
- Gender:
Something very weird is happen to me, i think i starting to hear the silent
voice of the market, he tell me wait and i wait he tell me be ready and im
ready he tell me entry now, and i take the entry now... i feeling flowing whit it.
I dont know is weird, i think the clue in not to follow a fixed method just use
the best tool for the moment NOW! not just momos, not just candle sticks,
no just support/resistance/supply/demand, not just overlays, not just bias.
Keep your practice and when the moment NOW comes to you, you will have the best answer for that.
Don't get set into one form, adapt it and build your own, and let it grow, be
like water. Empty your mind, be formless, shapeless ? like water. Now
you put water in a cup, it becomes the cup; You put water into a bottle it
becomes the bottle; You put it in a teapot it becomes the teapot. Now water
can flow or it can crash. Be water, my friend. - Bruce Lee
voice of the market, he tell me wait and i wait he tell me be ready and im
ready he tell me entry now, and i take the entry now... i feeling flowing whit it.
I dont know is weird, i think the clue in not to follow a fixed method just use
the best tool for the moment NOW! not just momos, not just candle sticks,
no just support/resistance/supply/demand, not just overlays, not just bias.
Keep your practice and when the moment NOW comes to you, you will have the best answer for that.
Don't get set into one form, adapt it and build your own, and let it grow, be
like water. Empty your mind, be formless, shapeless ? like water. Now
you put water in a cup, it becomes the cup; You put water into a bottle it
becomes the bottle; You put it in a teapot it becomes the teapot. Now water
can flow or it can crash. Be water, my friend. - Bruce Lee
While it may be true that 95-99% of Forex traders fail, 100% of Forex traders who never give up will succeed
-
dojirock
- rank: 1000+ posts
- Posts: 1922
- Joined: Tue Nov 17, 2009 10:11 pm
- Reputation: 729
- Gender:
- Contact:
Newscalper,
Those few post about combining candles, or using the h4 is really something bettlebox is trying to master. I learned along time ago, is you need to start with one time frame and get the basics down before moving to multiple time frame analysis, or you will drive yourself nuts. Notice on most of my charts if just one time frame. Same with Tony. I do my best to describe in somesort of rule fashion how I think I see longer term trends on my 15 min chart. But its difficult, im a 15 min or 30 min trader, when I do trade 4 hr, very scarce, i only look at that chart, same pattern on every timeframe...i dont mix them...so im not the best teacher to describe multitime frame analysis...I dont know if tony has any way to explain better, im sure he will read this and chime in.
Few questions, do you still lose money? Are you live or demo?
If your making money is it consistant. If you answer yes, demo, no....I recommend highly one time frame to start. Not the 5 min...its harder to recognize. If you need help with that let me know..I will see what I can do to help. Thanks
Those few post about combining candles, or using the h4 is really something bettlebox is trying to master. I learned along time ago, is you need to start with one time frame and get the basics down before moving to multiple time frame analysis, or you will drive yourself nuts. Notice on most of my charts if just one time frame. Same with Tony. I do my best to describe in somesort of rule fashion how I think I see longer term trends on my 15 min chart. But its difficult, im a 15 min or 30 min trader, when I do trade 4 hr, very scarce, i only look at that chart, same pattern on every timeframe...i dont mix them...so im not the best teacher to describe multitime frame analysis...I dont know if tony has any way to explain better, im sure he will read this and chime in.
Few questions, do you still lose money? Are you live or demo?
If your making money is it consistant. If you answer yes, demo, no....I recommend highly one time frame to start. Not the 5 min...its harder to recognize. If you need help with that let me know..I will see what I can do to help. Thanks
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!"
-
dojirock
- rank: 1000+ posts
- Posts: 1922
- Joined: Tue Nov 17, 2009 10:11 pm
- Reputation: 729
- Gender:
- Contact:
Tony isnt that an awesome feeling! I feel that way for like 4-5 days and it gives a real high. Then for some reason I feel blind as a bat for a couple....lol But I have noticed the frequency that im a bat comes less and less.......
Awesome trading man!
Awesome trading man!
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!"
-
dojirock
- rank: 1000+ posts
- Posts: 1922
- Joined: Tue Nov 17, 2009 10:11 pm
- Reputation: 729
- Gender:
- Contact:
Newscalper,
This is what I mean if im going to trade the 4 hr this is the only way I do it. Top trade, we have a up mbar, you can recognize, yes? The price closes below the open of that mbar, yes? At that point i look at the candle before the up mbar, at the high, thats my other line area, I like to see a body close higher than the line, which it did (the up mbar) and a body to close below that line, which happens after the up mbar. When these things happen,we look for shorts only. The question next is, when it retraces, how far will it retrace? Sometimes its right in the zone, some times its 150percent of the up mbar, it doesnt matter to me as long as it doesnt close above that area. The last step for me is my favorite rule, when taking shorts, entry must be above the 12 ema. So I enter.
I dont have the patience for this at this point, so I trade the 15 or 30 min...
4hrs with my schedule just doesnt match up.....
I will mark a 4hr chart like this....then I know the bias if you will....but trade the 15 min for all the shorts all the way down...
This is what I mean if im going to trade the 4 hr this is the only way I do it. Top trade, we have a up mbar, you can recognize, yes? The price closes below the open of that mbar, yes? At that point i look at the candle before the up mbar, at the high, thats my other line area, I like to see a body close higher than the line, which it did (the up mbar) and a body to close below that line, which happens after the up mbar. When these things happen,we look for shorts only. The question next is, when it retraces, how far will it retrace? Sometimes its right in the zone, some times its 150percent of the up mbar, it doesnt matter to me as long as it doesnt close above that area. The last step for me is my favorite rule, when taking shorts, entry must be above the 12 ema. So I enter.
I dont have the patience for this at this point, so I trade the 15 or 30 min...
4hrs with my schedule just doesnt match up.....
I will mark a 4hr chart like this....then I know the bias if you will....but trade the 15 min for all the shorts all the way down...
- Attachments
-
- news.gif (32 KiB) Viewed 2826 times
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!"
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
-
newscalper
- rank: 1000+ posts
- Posts: 1068
- Joined: Tue Oct 19, 2010 5:58 pm
- Reputation: 7
- Gender:
all about key levels (open,close and 50%)
Daily ,4hr and 1hr. Enter on 15min chart with 15min zline.
Maybe price needs to retrace bit more whos knows this is trading. It may want to retrace back to the next level ie the daily opening which is the 4hr zline and 1hr zline, but i currently got 3 keylevels , i will manage my trades make sure i dont let them hit my s/l.
If im in the money i will make sure to exit with something or at break even and then start looking again for another entry. I will keep dropping trades until i get a bite or until price moves on to another level.
I like to keep an eye on supply demand 1hr
Daily ,4hr and 1hr. Enter on 15min chart with 15min zline.
Maybe price needs to retrace bit more whos knows this is trading. It may want to retrace back to the next level ie the daily opening which is the 4hr zline and 1hr zline, but i currently got 3 keylevels , i will manage my trades make sure i dont let them hit my s/l.
If im in the money i will make sure to exit with something or at break even and then start looking again for another entry. I will keep dropping trades until i get a bite or until price moves on to another level.
I like to keep an eye on supply demand 1hr
- Attachments
-
- S&D 1hr
- euup.gif (21.43 KiB) Viewed 2719 times
Last edited by bettlebox on Thu Sep 27, 2012 6:04 am, edited 1 time in total.
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.