A fresh start! Doji's Trading Journal

[arkan1976]

Hello this is my current trade.
I see a momo candle in 1h, then wait a retractment and a red candle in 15 min...

[newscalper]

This is where get in 2 minds about things.
PA is starting to say long but I'd like it to be down to my blue area before I consider it - also from here it may not have long to go up. The renko thing, which obviously just follows price is also screaming long from here.
H4 big picture chart



Then on H1


Then down on M15 PA is saying long now

[arkan1976]

finally -11 pips. I was winning +16 .
The exits are more important than the entries !!!!!!
Please, some idea ?

[arkan1976]

Hello newscalper, I´m thinkng in short. This is what I see.
I am short again. In 4h i see a bearish momo and in 1h i don´t see any bullish momo. this is only what i see.

cheers.



Edit : -11 pips again .

[arkan1976]

but it is more difficult to choose the correct bias ,,,,

[newscalper]

Exactamundo, depending on how far back your perspective goes on the chart you can always find reason to go one way or the other. You don't see long momentum yet? It's right there on the 15 minute chart the breakout of the high I put on the chart. Just because there was momo down further up...you can always see that too, wherever you look. If you wait untill ALL past down momo you saw on the chart is overcome you're back past the...10 year high? before considering a long. Which extreme are you going to trade from?


Momo developing?

[arkan1976]

sorry for asking so many questions

[newscalper]

No problem. I'm just asking questions too because I see what you see but I see others things too. It's all there on the charts I marked up yesterday. See my past chart - huge supply zone to left??

[arkan1976]

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.

[MightyOne]

sorry for asking so many questions

You tell me...