Grants Journal [Awarded Title: Guru of the Gurus]

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Grant
Posts: 943
Joined: 14 Aug 2011, 14:52
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Re: Grants Journal

Unread post by Grant »

you are quite right....

all the trades today except 1 (maybe 2) were double AIMS (m1/5) breaks... Mother Fx just had the hump today...

grant
success = patience + discipline - greed
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Grant
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Joined: 14 Aug 2011, 14:52
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Re: Grants Journal

Unread post by Grant »

Evening

Much nicer and easier day to trade today.....

Managed to recoup my losses of yesterday plus a few so all is good with trading again... (rofl) (rofl)

charts attached, you will notice the missing slam dunk long EJ trade at NYO as i couldn't do the basic maths for how close the m5 level was.... Have enlisted the help of the twins to help me through primary school subtraction....

cheers
Grant

and yes Steve i know indies can do that for me.... :p :p
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success = patience + discipline - greed
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immy
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Re: Grants Journal

Unread post by immy »

Grant wrote:Evening

Much nicer and easier day to trade today.....

Managed to recoup my losses of yesterday plus a few so all is good with trading again... (rofl) (rofl)

charts attached, you will notice the missing slam dunk long EJ trade at NYO as i couldn't do the basic maths for how close the m5 level was.... Have enlisted the help of the twins to help me through primary school subtraction....

cheers
Grant

and yes Steve i know indies can do that for me.... :p :p
I was patiently waiting for your charts. I knew it would be a much much better day pipping wise for you! and I'm happy to see it.
well done...
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Grant
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Joined: 14 Aug 2011, 14:52
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Re: Grants Journal

Unread post by Grant »

Evening

Crap am was followed by a much better pm....

charts attached

Grant
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success = patience + discipline - greed
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tmmbabs
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Re: Grants Journal

Unread post by tmmbabs »

Grant wrote:Evening

Crap am was followed by a much better pm....

charts attached

Grant
Your Trading Chart inspire me a lot, Thanks for posting
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Grant
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Joined: 14 Aug 2011, 14:52
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Re: Grants Journal

Unread post by Grant »

TG,

As discussed in the chat room attached are 2 pics, m1 and m5 hopefully highlighting what i mean..

at time of writing this it hasn't retraced to the 23 fib and looks like it may go higher.... it happens...

for those not in the room heer is a copy of the chat that prompted these charts

Grant: tg, i would like t osee a deeper retrace before attempting long.... if i miss an extended move so be it.... i'll add it to the miss from earlier...
tg: Grant....agree....just trying to get away from thinking too much (always costs me) and follow the rules / setups more......as per the Mantra....and as am a newbie to this system still trying to take it all in, so i see 5 min nicely long and a sleeping 1 min, so thought as per rules i should take it if it broke up again.....but need to read and re read the rules as have not "got" it all yet by any means 10:44 AM
Grant: TG, Imran and i have known each other 4 ish years now and traded together for most of it... During that we traded EU exclusively on m1/5 for along time and the one thing we cant teach is experience... watching PA day in and day in on 1 pair and 1 TF teaches you sooo much.... 10:46 AM
Grant: so we now have a AO 3 on m5, but we dont yet ahve a completed 1-5 on m1 to say that 3 is over... 10:47 AM
Grant: thus we wait for a 4th wave on m1 10:47 AM
Grant: and then try and trade the 5th up 10:48 AM
Grant: Elliot states that wave 4s will generally (BUT NOT ALWAYS lol) retrace at least 38% of its wave 3 10:48 AM
Grant: so i will wait out a retrace to that level and then go hunting for a long set up... 10:49 AM
Grant: like i said earlier it may give me the finger and not retarce enoguh and carry on north... if it does i will call a couple of names and wait out the next move.... 10:49 AM
Grant: hope that rambling makes sense.... 10:50 AM
tg: perfect.....great to have the help 10:50 AM
tg: would you also hope then during the 4th for the 5 min AO to come down nearer to the ZL or at least into a "low"


any questions let me know

Grant
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success = patience + discipline - greed
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Grant
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Re: Grants Journal

Unread post by Grant »

Afternoon

Every time i try and watch 2 pairs my account seems to take a beating... so after an open and honest assessment of how i'd done watching 2 pairs the conclusion is to revert to 1 pair which will be EU....

If i ever say i am going to watch more than pair on m1 then someone please put me out of misery.... b-(

Thus today was the 1st day of EU only and i have to admit i enjoyed every minute of it.... It felt like i was back with an old friend... (rofl)

Charts attached

Grant
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success = patience + discipline - greed
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immy
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Re: Grants Journal

Unread post by immy »

Grant wrote:Afternoon

Every time i try and watch 2 pairs my account seems to take a beating... so after an open and honest assessment of how i'd done watching 2 pairs the conclusion is to revert to 1 pair which will be EU....

If i ever say i am going to watch more than pair on m1 then someone please put me out of misery.... b-(

Thus today was the 1st day of EU only and i have to admit i enjoyed every minute of it.... It felt like i was back with an old friend... (rofl)

Charts attached

Grant
I loved your charts today.... What a Great FEELING Mate... what a great feeling! I bath and shower in the joy of this! yummy pippies in my tummy!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
immy
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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: Grants Journal

Unread post by immy »

Grant wrote:Afternoon

Every time i try and watch 2 pairs my account seems to take a beating... so after an open and honest assessment of how i'd done watching 2 pairs the conclusion is to revert to 1 pair which will be EU....

If i ever say i am going to watch more than pair on m1 then someone please put me out of misery.... b-(

Thus today was the 1st day of EU only and i have to admit i enjoyed every minute of it.... It felt like i was back with an old friend... (rofl)

Charts attached

Grant
68 pips divided by 13 = 5.2% Crikey!
or is it 6.8% account growth?
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Grant
Posts: 943
Joined: 14 Aug 2011, 14:52
14

Re: Grants Journal

Unread post by Grant »

your basic maths is as good as mine mate.....

91 pips today

91/13 = 7%

Grant
success = patience + discipline - greed
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