Trade this morning on EurUsd.
There was setup in afternoon but didnt offer a good price. It did wick the failed 1hr bias change line and retraced all way back up to the opening price , near enough. Not too sure what i should do with these type of trades.
A fresh start! Doji's Trading Journal
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- dojirock
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aud/usd
Last edited by dojirock on Tue Aug 06, 2013 6:25 pm, edited 1 time in total.
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
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e/j out at 30
only stacked once.
I have switched my MM up to try stacking. Where as I would open all trades at max lot size, when I would take a loss it would be at max lot size. Same with winners. By altering it into 1/4 or 1/5 of max lot size I am attempting to stack on orders after in profit very quickly till I reach my max lot size. Thus when I have a loser I will be down only 1/4 or 1/5 and winners can range from 1/4 to 1.0 (max) thus improving my MM signifcantly.
only stacked once.
I have switched my MM up to try stacking. Where as I would open all trades at max lot size, when I would take a loss it would be at max lot size. Same with winners. By altering it into 1/4 or 1/5 of max lot size I am attempting to stack on orders after in profit very quickly till I reach my max lot size. Thus when I have a loser I will be down only 1/4 or 1/5 and winners can range from 1/4 to 1.0 (max) thus improving my MM signifcantly.
Last edited by dojirock on Tue Aug 06, 2013 6:26 pm, edited 1 time in total.
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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- dojirock
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BB here is how I read just a 5 min chart. Mbar breakouts...retrace to BB band or cross of 12 ema. Catching it at BB or as it goes in our favor over the 12ema gives better prices.
- Attachments
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- eurusdm5.png (71.36 KiB) Viewed 2352 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!"
Ahh so simple lol thats awesome thanks Doji. Yea it hell of alot better price.
I can see the trades on your attached picute i got locked out of cause risk was to great on 15min rat trades today lol.
Just speaking out loud here:-
My core trading principles stay same all im doing is getting a better entry price on the retracement. Instead of paying the 15min rat trade price.
Thank you Doji
I can see the trades on your attached picute i got locked out of cause risk was to great on 15min rat trades today lol.
Just speaking out loud here:-
My core trading principles stay same all im doing is getting a better entry price on the retracement. Instead of paying the 15min rat trade price.
Thank you Doji
dojirock wrote:BB here is how I read just a 5 min chart. Mbar breakouts...retrace to BB band or cross of 12 ema. Catching it at BB or as it goes in our favor over the 12ema gives better prices.
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.
- dojirock
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Shorted A/J, missed my opportunities to stack 3 more times, so I only stacked once at a lower level. Top Blue line is original entry, 2nd Blue line is 1st stack(way to late)
- Attachments
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- audjpym15.png (77.57 KiB) Viewed 2333 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!"
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Thank you for your support.
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