Fran's GAZETY

[immy]

Hi Fran, this is what you wrote.....

"- again a very "easy" trade: obvious entry, no hesitation, pretty sure that "all is well"..."

I hope you keep doing the same thing you've been doing everyday and writing this on every single trade! If it's not easy then don't take it, you're doing great, change nothing!

Dave

Thx very much Dave! I really mean what I wrote, saying it's "easy" = you can just SEE it, concretely. When I started if set up was not obvious I try to "make it happen", to "imagine" it...Big mistake = if it's not there, then it's not there, just wait...So now I'm grasping ONLY "easy"/evident set-ups...And it DOES work perfectly!!!

Thx once more Dave!!!

KR

Fran!

Nicely put into words... well said.. I totally Agree. If its not Easy Visible Clear , ignore it... Just take the simple easy clean setups!

[francisrama]

Hi Fran, this is what you wrote.....

"- again a very "easy" trade: obvious entry, no hesitation, pretty sure that "all is well"..."

I hope you keep doing the same thing you've been doing everyday and writing this on every single trade! If it's not easy then don't take it, you're doing great, change nothing!

Dave

Thx very much Dave! I really mean what I wrote, saying it's "easy" = you can just SEE it, concretely. When I started if set up was not obvious I try to "make it happen", to "imagine" it...Big mistake = if it's not there, then it's not there, just wait...So now I'm grasping ONLY "easy"/evident set-ups...And it DOES work perfectly!!!

Thx once more Dave!!!

KR

Fran!

Nicely put into words... well said.. I totally Agree. If its not Easy Visible Clear , ignore it... Just take the simple easy clean setups!

Thx always Immy!!!

KR

[francisrama]

September 24, afternoon trade

...which I called "from one extreme FRUIT...to the other extreme FRUIT..."

- exited previous LONG trade upon a FRUIT
- then take the FRUIT ---> SELL 2 x @0.5%
- exit half @1:1
- add 1% upon a S2 set-up
- exit all when price crossed GREEN LINE

- shortly after got a first FRUIT
- took it 2 x @0.5%...did not trigger
- then a second FRUIT
- took it ---> BUY 2 x @0.5%
- exit half @1:1
- 0.5% free trade still running
- Chart below

eurjpy-m5.png

Comments
- Just following the rules, nothing else, nothing more
- Must confess that I was a bit "disturbed" when the 1st BUY FRUIT did not trigger...Then saying to myself "just wait for the next one, if there is...If not, then close your day..."
- All in all very good day (should I say once more...), really like it
- Just for fun, I reviewed the other opportunities, and they were pretty good as well...

KR

[Darren]

You will become a guru soon! \m/

[francisrama]

You will become a guru soon! \m/

Darren, you are too kind...The objective is not important, rather the way to go there is...And I know I am on the way

Thx so much!!!
KR

[francisrama]

Evening thought on EJ

Looking lately at EJ, I realize that

- price seems to be in a BIG wave 3
- I traded wave 2 of this big wave:
1/ wave B of wave 2 for the BUY leg this morning
2/ wave C of wave 2 for the SELL leg this afternoon
3/ wave 1 of wave 3 of BIG wave 3 then now for the last ongoing BUY...

If I'm right, this should be a quite big move...let's see...

chart below

eurjpy-h1.png

KR

[francisrama]

September 25, morning trade

- cool PIPs with AU
- sell 2 x @0.5%
- exit half @1:1
- exit all when price reaches almost TZ2 (price is in W5)
- chart below

audusd-m5.png

Comments
- very quick action, and morning is done...will be back upon US open
- again emphasize = when set-up is there, it is VISIBLE = you do not need to "invent" it, or think "this could be a set-up"...it is obvious, visible...If not, just forget it!!!

KR

[francisrama]

September 25, follow up of yesterday EJ BUY trade

- add @1% upon a SEED
- move all SL to bottom of SEED/BOX
- so far 0.5% secured, 1 x 0.5% free trade and 1% trade running
- chart below

eurjpy-h1.png

Comments
- again if I prove to be right in my (newbie) EW counting, this should be very very promising...let's see...

KR

[Michal]

Fran are you trading seeds against trend on h1 ( i mean towards the alligator's mouth) ??

[francisrama]

Fran are you trading seeds against trend on h1 ( i mean towards the alligator's mouth) ??

Hi Michal,

in this very case I'd say yes.

Reasons:
- yesterday last trade (BUY EJ) was very good. I thought it was an impulse...but it did retrace...still 60+ pips...good.
- my (newbie) counting "tells" me that an UP impulse is close
- this SEED is what Immy calls "SEED BUD" in his very last post about SEED (can initiate a countertrend movement)

KR