A fresh start! Doji's Trading Journal

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PebbleTrader
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Post by PebbleTrader »

I had been studying options and futures, those are definitely the way to go, but I wouldn't suggest it until anyone has a good grasp on trading as trying to learn trading and options at the same time would be really overwhelming IMO.

I'm taking a break from that though and focusing on FX ATM.
Life is just a journey
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MightyOne
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Post by MightyOne »

How about we just take it slow ;)

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dojirock
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Post by dojirock »

Its defining my line for longs. On the smaller time frame my yellow line is telling me price is reversing..so now im trading back to that long bias line. Shortly after I enter at my yellow line...I get a red bias short line on the higher time frame telling me im correct.... to go steal there profits. When im wrong I have a small loss because I get stopped out...

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


Ok, at the time you go short at that yellow line, there is only 1 drawn z-line. All it signifies is a target area where price can go after you short from the 3 semafor above.

That left most z-line (the only one in existence before you short) is it defining your bias for shorts?


What is the yellow line?
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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Post by trueblueTEX »

PebbleTrader wrote:I just get frustrated when it seems like many people have been struggling with the simplest concepts over and over, year after year.

Sorry didn't mean to sound rude.

I didn't mean to either.

Some of us are struggling with the concepts because we're only NOW looking at them.

They are already beyond familiar to you guys!!

Which is one of the reasons why when I come along and read a couple of you guys discussing something, y'all use the jargon with ease and I cross my eyes going "what exactly did he mean?"
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dojirock
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Post by dojirock »

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
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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Post by trueblueTEX »

I got called out to the hallway by the teacher. ;-)
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dojirock
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Post by dojirock »

lol
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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PebbleTrader
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Post by PebbleTrader »

With Zlines it's not the best price possible, it's where was the most obvious place where the majority of traders entered their positions, that's the most likely Zline...
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PebbleTrader
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Post by PebbleTrader »

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dojirock
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Post by dojirock »

Looking at a time frame higher, the same picture. You cant really tell why I entered other than to think "How did he get such a good price"
Once you understand zzzz's you will get it.
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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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