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A fresh start! Doji's Trading Journal
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- dojirock
- rank: 1000+ posts
- Posts: 1921
- Joined: Tue Nov 17, 2009 10:11 pm
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Last trade for week. Reasons I only trade one pair at a time.
No need to trade more.
When I do multiple trades, one always suffers or loses.
I got stopped out on my USD/JPY when going short on EUR/USD
I ended up being right on my USD/JPY but wasnt watching close enough to catch it.
Missed tremendous stacking opportunities on my EUR/USD trade. Only used 1 lot.
Just dont need the added stress.
Lessons that may help some. If your not successful on 5 min chart, stop. Move to a 10 min or 15 min, it makes a world of difference.
With Dragon all the way on this one, Master what the hourly is telling you!
When trading the hourly, 10 min or higher for entries... 5 min as a novice will hurt ya. (its 12 times the time frame, I like to keep it 5 or less.)
No need to trade more.
When I do multiple trades, one always suffers or loses.
I got stopped out on my USD/JPY when going short on EUR/USD
I ended up being right on my USD/JPY but wasnt watching close enough to catch it.
Missed tremendous stacking opportunities on my EUR/USD trade. Only used 1 lot.
Just dont need the added stress.
Lessons that may help some. If your not successful on 5 min chart, stop. Move to a 10 min or 15 min, it makes a world of difference.
With Dragon all the way on this one, Master what the hourly is telling you!
When trading the hourly, 10 min or higher for entries... 5 min as a novice will hurt ya. (its 12 times the time frame, I like to keep it 5 or less.)
- Attachments
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- BNStK0xCMAANJNb.png large.png (254.44 KiB) Viewed 3465 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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dojirock wrote:Last trade for week. Reasons I only trade one pair at a time.
No need to trade more.
When I do multiple trades, one always suffers or loses.
I got stopped out on my USD/JPY when going short on EUR/USD
I ended up being right on my USD/JPY but wasnt watching close enough to catch it.
Missed tremendous stacking opportunities on my EUR/USD trade. Only used 1 lot.
Just dont need the added stress.
Lessons that may help some. If your not successful on 5 min chart, stop. Move to a 10 min or 15 min, it makes a world of difference.
With Dragon all the way on this one, Master what the hourly is telling you!
When trading the hourly, 10 min or higher for entries... 5 min as a novice will hurt ya. (its 12 times the time frame, I like to keep it 5 or less.)
If you succeed in what you do there is no need to trade multiple pairs. Just focus one pair and on the place where you think you can enter and see that your plan covers an eventual loss fast.
But from what i know i think that's ok with you.
You can see on my picture what the gains are, even if i had used just one entry it was good for almost 25%
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!
Two options: you either lose or win!
- newscalper
- rank: 1000+ posts
- Posts: 1068
- Joined: Tue Oct 19, 2010 5:58 pm
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newscalper wrote:dragon33 wrote:easier then this is not possible
Super chart Dragon. Thanks
The last leg of this weekly gold chart is nearly the same as dragon33's 15 minute chart.
It is correct to liquidate at the low of the momentum candles, but I think that we can do $1150/oz; I'll use a LIS for this one.
- dojirock
- rank: 1000+ posts
- Posts: 1921
- Joined: Tue Nov 17, 2009 10:11 pm
- Reputation: 726
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EUR/USD trade with Dragon template
Nice trading Dragon! Awesome return.
With my stacking Im working on I will be there soon!
Nice trading Dragon! Awesome return.
With my stacking Im working on I will be there soon!
- Attachments
-
- eurusdm15.png (190.22 KiB) Viewed 3293 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!"
- dojirock
- rank: 1000+ posts
- Posts: 1921
- Joined: Tue Nov 17, 2009 10:11 pm
- Reputation: 726
- Gender:
- Contact:
Like this for a 5 min template.
Easy to see, rules and entry.
Easy to see, rules and entry.
- Attachments
-
- usdjpym5.png (79.13 KiB) Viewed 3287 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!"
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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