Excuse the hack-job.
The three bottoms on the left are similar to what you see on the right.
There is always a way to get in, you might not like halving or quartering your trade size but where there is a will there is a way...
How to be a MOnster
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- Mira
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Re: How to be a MOnster
MightyOne wrote:Excuse the hack-job.
The three bottoms on the left are similar to what you see on the right.
There is always a way to get in, you might not like halving or quartering your trade size but where there is a will there is a way...
for_Mira.png
Thanks MO.. i wanted to stay on it for a while.
Waiting for a wick raises the win percentage but the risk may is a worst price (= a smaller size).
Btw today it looks to be obvious that price went straight away, if this is how the market move then i think that "few" people are trading in these days..
No Trades = No Stops
No Stops = No Trades
__________ THE IS A LIE__________
- Mira
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Re: How to be a MOnster
I'm posting a fail just to understand what went wrong:
This pics are from yesterday:
Price wicked the zone, on a lower tf there was a BPD, my entry was a little high because of spread so I kept my sl under the H1 pivot but it was a bad choice.
I knew that my first target was far too..
Result:
The Zone was still valid on a H4
BO/BI on H1
I need to avoid this early entries somehow..
This pics are from yesterday:
Price wicked the zone, on a lower tf there was a BPD, my entry was a little high because of spread so I kept my sl under the H1 pivot but it was a bad choice.
I knew that my first target was far too..
Result:
The Zone was still valid on a H4
BO/BI on H1
I need to avoid this early entries somehow..
__________ THE IS A LIE__________
Re: How to be a MOnster
Thanks for posting this trade. I added another line to your chart that shows how I see it (in hindsight). It looks like price returned again to a previous DojiZone. So, perhaps your entry was actually late rather than early. But with that long bearish candle coming down, it would have taken some courage to have entered there. Hopefully, Doji will respond and all of us will learn from it.
- dojirock
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Re: How to be a MOnster
utrojoh68 wrote:
Thanks for posting this trade. I added another line to your chart that shows how I see it (in hindsight). It looks like price returned again to a previous DojiZone. So, perhaps your entry was actually late rather than early. But with that long bearish candle coming down, it would have taken some courage to have entered there. Hopefully, Doji will respond and all of us will learn from it.
Because I take short trades, my entry would have been the 1st pullback on the left...
if and when it comes back again like it did on the right, I would look for new setup.
Once I have a trade or reversal trade on a zone, that zone is pretty much over for me.
doji
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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Re: How to be a MOnster
dojirock wrote:utrojoh68 wrote:
Thanks for posting this trade. I added another line to your chart that shows how I see it (in hindsight). It looks like price returned again to a previous DojiZone. So, perhaps your entry was actually late rather than early. But with that long bearish candle coming down, it would have taken some courage to have entered there. Hopefully, Doji will respond and all of us will learn from it.
Because I take short trades, my entry would have been the 1st pullback on the left...
if and when it comes back again like it did on the right, I would look for new setup.
Once I have a trade or reversal trade on a zone, that zone is pretty much over for me.
doji
Thank you both!
Yea, i was thinking the same but i wanted to try.. i remember they calling this "fresh" or "not fresh" levels.
In fact this would be like trading a resistance, not a big deal
A break below and then above would have been a new "fresh" level.
__________ THE IS A LIE__________
Re: How to be a MOnster
u never give up, do u?
you got 2 slow it down
and then u pick it up - PF
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and then u pick it up - PF
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Re: How to be a MOnster
you got 2 slow it down
and then u pick it up - PF
-----------------------------------
and then u pick it up - PF
-----------------------------------
- Mira
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Re: How to be a MOnster
Mira wrote:Back to trading
IMG_1041.PNG
Correct tp and sl
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