Fran's GAZETY

[francisrama]

Jul 26, 2013

Afternoon trade

Kepp managing the UJ. Since correlation with GJ decide to take GJ short as well. Closed GJ with 81 PIPS @0.5% and 72 PIPS @1%. UJ trade still on going...but need to leave (WE with my children and their children in Normandie...)
Below UJ chart...

My comments:
- This is my second week trading AIMS. First time over my 3 years of trading that I have such successful trades
- Luck is good, but I insist, it's not just luck!!!
- It's really a lot of FUN to trade this way!!!

Have a wonderful WE everyone!!!

usdjpy-h1.png

KR

[immy]

Jul 26, 2013

My comments:
- This is my second week trading AIMS. First time over my 3 years of trading that I have such successful trades


KR

Thanks! I love it!

That was a lovely Seed Trade! Small Risk Huge Reward... thats how we like it! well done mate!

Have a great weekend

[francisrama]

Hi Immy and Friends,

thx very much Immy for your so kind words, really appreciate!

July 29, 2013

Morning, no trade since I was on my return trip from Normandie -Gosh was a great WE )))-

Afternoon
Decide to adopt the following "strategy":
- Every hour, check for
> SEED
> FRUIT
- If no good SEED no good FRUIT and mind is ok, then watch 5' for set up1/2 on EU and EJ

Good SEED on AU, so jumped in, 2 entries 0.5% each
So far
- One entry exit @30PIPS -which is +/- 1%
- SL for second entry moved at 1 + SPREAD PIPS below BE
- Second entry still ongoing

Chart is below

My comments
- Relaxing WE is very good to have clear mind
- Allows me to clarify what exactly it is I want to do regarding Fx Trading -which I detailed above-
- I broke 1 rule (trade on the "wrong" side of purple line (mine is white ))) ) BUT I know exactly why I did so, meaning I had grounded reasons to do so...
- I received the "I am THAT I am" meditation of Dr DWYER and TWYMAN (see Immy's post), which I used over the WE. It is really EXCELLENT!!!!!!!!
- Still pressure until BE...but LOT LOT LOT LESS of it, especially thanks to the "little" SL!!!
- Sometimes -mainly when you did not see anything for a while- even can appear as good SEED...Need to be careful and double check rules, answer each questions Y/N, and if Y then why YES, and if N then why NO...

audusd-h1.png

KR
-

[francisrama]

July 30, 2013

Morning trade
Did not take any new trade. There were one or two good SEEDS, but it happened during my sleep -can you imagine that!!! ))) -

I got stopped out on AU. This was an EXCELLENT trade once more (chart below).

My comments:
- Timing is important!
- It is very very difficult not to jump into a trade even if I'm "a bit" late -was late on the 2 above mentioned SEEDS, and very very tempted to "take my chance...", but thanks fully ended up not taking them



KR

[francisrama]

July 30, 2013

Afternoon trade

Picked GJ.
- Finally after 4 hours, my 2 PO's 0.5% each got triggered...
- 1st trade exit 1%
- 2nd trade still ongoing (chart below)

My comment
- PATIENCE is something I need to learn learn learn:
> 4hours before something happens
> big sudden move in my favour
> then 3hours before next action happens...
- Mindset:
> I had GOOD GROUNDED REASON to believe in what I did
> yet I was ready with my plan should real action proove that I was wrong

gbpjpy-h1.png

KR

[francisrama]

July 31, 2013

Morning trades

- An aperitize with EJ set up 1 (see chart below)
- I made a "mistake" on GJ = during night I I set a trailing stop, and set limit to 100PIPS. Not stopped out during night...but forgot to remove the limit ---> got stopped @100PIPS...which is still an EXCELLENT trade
- Entered AJ (see chart below)

My comments:

- Beware of what you think is "obvious". Being stopped out on my "limit" while I did not intend at all to exit is a good example. I wrote again all my rules, in bold, and sticked them just above my iMAC...
- On M5, if you're right with your entry, movement should be quick
- I'll spend today morning to check AJ every hour...

eurjpy-m5.png

audjpy-h1.png

KR

[Darren]

You seem to have mastered the 'SEED' Fran - well done. \m/

Thanks for your journal - it is a great read!

[immy]

You seem to have mastered the 'SEED' Fran - well done. \m/

Thanks for your journal - it is a great read!

Agreed with Darren! I'd like to add, I read it daily and look forward to more and more.... I enjoy reading journals!

cheers

(*) \m/

[francisrama]

Thanks so much Darren and Immy, your comments are always very appreciated!!!!

July 31, 2013

Afternoon trades

- Take SELL on AU (chart below). Did not move that much though...

Comments:

- I need to dig a little bit to understand why Price did not move much (despite RED news "in my favour"...
e.g. was my entry at the right time? Or what else...?

audusd-h1.png

KR

[francisrama]

...Gosh...just got STOPPED OUT (spurious spike...stop hunting???)

Comment:
I remember that I was told that stop hunting starts after LC...Will be cautious with my stops (I've been stopped out twice today, but always with profit though!!!)

KR