A fresh start! Doji's Trading Journal

[newscalper]

Thanks for the help btw. I don't say thanks enough. Forgive me

Going back to the old Dragon template is what you're saying basically this?
Ticks are entries, x exit, thumbs down = losing trade
That's not working, photobucket a nightmare lately. Maybe something to do with the new Flash.

[img][img]http://img545.imageshack.us/img545/5219/satingthis.png[/img] Uploaded with ImageShack.us[/img]

[FXfreak]

hi guys,

i wasn't online very often here at kreslik because my normal job took all the time.

i tried to trade m15 at work but things change too fast and it is impossible to react at work.

i will contribute my trades to this thread next week. I trade h4 and daily zlines with h4/d bias and m15/h1 as entry.

@doji or dragon: dragon wrote on p2 that he wants to see a h1 momo and that he enters a t the rejection of the h1-momo near a d/h4-zline. i found that very difficult because price often is too far away from the zline after a h1-momo is formed. i often enter near a h4/daily-zline after i see "some kind of momo". sometimes it is a m15-momo, sometimes a m15 or h1-doji. how do you handle it that you are not too far away from the h4/d-zline?

[dojirock]

eeek.... lets start with a clean chart..... 12 ema for a no brainer entry and a horizontal line (a true zline).

Thanks for the help btw. I don't say thanks enough. Forgive me

Going back to the old Dragon template is what you're saying basically this?
Ticks are entries, x exit, thumbs down = losing trade
That's not working, photobucket a nightmare lately. Maybe something to do with the new Flash.

[img][img]http://img545.imageshack.us/img545/5219/satingthis.png[/img] Uploaded with ImageShack.us[/img]

[dojirock]

Using a 30 min chart as a bias chart. Notice my zlines.
You need to observe.

[dojirock]

So what have you looked at on that last chart.
Im hoping your answer was the horizontal zline and nothing else.
Did you notice a close across the zline?
If you answered yes, your not listening.....
start over.

[dojirock]

Those lines were drawn before we know what price action will do.
Now move up a time frame to the hourly and observe.
When price closes across the zline, THIS IS OUR BIAS.
If the next candle closes back across our zline, that is our new bias.

[dojirock]

We have a hourly candle closing over our zline, making our bias zline active. I marked the close of the hourly candle with the vertical dashed lines.

Now drop to a 15 min chart and observe.

You guys already know, I love the ema pullback entries. They are there. The 1st zline is longs only....I take entry right at the close of the houlry and add to my position every time price drops below the ema.

The second zline is shorts only.... I take entry right at the close of the hourly and add to my position every time price climbs above the ema.

observe...

drop to a 5 min and look... you will see many opps to enter a trade with the bias.

[dojirock]

Since I have it already drawn... here is the 5 min chart..

entries, you tell me, rat, ema, breakouts? It doesnt matter....if your with the bias.

[dojirock]

one last thing..

This isnt hindsight. That run up and run down....there was no confilcting signal to go short against the long, the whole way up.

There was no conflicting signal to go long the whole way down.

Draw your lines....observe.....
What chart do our lines originate?
The middle time frame....in this example 30 min.

[dojirock]

I am done for weekend!

Happy Easter!

doji