A fresh start! Doji's Trading Journal

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PebbleTrader
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Postby PebbleTrader » Sat Apr 06, 2013 4:26 am

Price was still "up" at "the best price possible", although there were signs that it may be coming to an end...
Life is just a journey

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trueblueTEX
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Postby trueblueTEX » Sat Apr 06, 2013 4:26 am

dojirock wrote:Its defining my line for longs.
I meant "longs."

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Postby MightyOne » Sat Apr 06, 2013 4:44 am

dojirock wrote:Hi MO, I had a little chat with True, via PM.....

Lets see if he comes back happy or more confused...
I dont know how much slower we can take it. :oops:

If I wasn't in a another attempt at a long term trade, I wouldn't be posting this much...lol


Success with large charts is mastery of trailing stops (00) :shock:

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Postby trueblueTEX » Sat Apr 06, 2013 5:07 am

I'm almost afraid to ask, but what do the pink X's represent? :oops:

I'm going to go out on a limb... :oops:

Is that "when" you actually draw your zline?

Is that when you get the close of the same color candle that is higher/lower than the open of the "origin" candle?

I can't find an emoticon for pulling my hair out.

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dojirock
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Postby dojirock » Sat Apr 06, 2013 5:09 am

That is when I actually draw my zlines...yes.
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!"

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trueblueTEX
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Postby trueblueTEX » Sat Apr 06, 2013 5:10 am

dojirock wrote:That is when I actually draw my zlines...yes.
:smt081

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dojirock
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Postby dojirock » Sat Apr 06, 2013 5:25 am

Good job! I am going to bed! :smt015
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!"

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Postby seacap » Sat Apr 06, 2013 8:32 am

:shock: Seems like I am off-track. The price is above your bias line on M30, but you take a short trade off 5min chart...I thought we should take longs off lower tf charts as long as we are above ZLs on the higher TFs.

dojirock wrote:Drop a time frame....... Im gonna take there profits.....

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Postby LegendofZline » Sat Apr 06, 2013 9:26 am

dojirock wrote:Drop a time frame....... Im gonna take there profits.....


Are you marking up the yellow line after it crosses the pass green mbar... with a close over close under

I am having a difficult time finding the reason for marking this line...

Sorry Doji I feel like Im gonna bring us back to square one with this question...

This has got to be the longest game eye spy.... idk sorry not funny... crickets

ugh friday night woohoo Im loosing it....
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FXfreak
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Postby FXfreak » Sat Apr 06, 2013 9:40 am

The zline you drew wouldnt be there until you got the close of the next green candle. Because if the next candle was red it would be a failed zline. Make sense

-> I put numbers on the candles. you mean: if no 2 closes below the zline it isn't a zline (just a fake). but no 2 closed near the zline. so no fail and a valid zline with my understanding??

which one is the "next green candle" you are describing?



Fx, your definition is different than mine. You need a close of a red candle higher than a open of a red candle. You cant verify that until you have a close of a green candle.


you mean, close of no 2 must be above open of 0?


In fact, we must wait for the end of the move to draw the line?


what exactly is the end of the move?

Because, there isn't a close above that line by a red candle!!!!
You would have to drop time frames to see that happen....
This is our bias time frame...it doesn't happen here....
Again....it has been said..."Price can fool you on one time frame some of the time but not on all of the time frames."


that means if no 2 would close 5 pips above the open of no 0 it would be a valid zline?



The definitions of a zline are always different. I thought it is red to green with close above but now we need another close. but up to now i don't i don't understad which close you exactly mean :shock:

in this case the questions is: what exactly has to happen after no 1 formed to make my zline a correct zline?
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