Bruno's

[Dave]

Hi Darren,
I mean to take every breakout after a dot
5 trades, 5 losses yesterday
but let's see in a long run

Bruno

Hi Bruno. We don't trade every AIMS break after a dot. That isn't how the system works and will not give you success in the long run. Make sure you understand the position of the breakout in the context of the higher timeframe wave, ie breakouts in the direction of higher timeframe trends.
Good luck!!!

[Bruno]

Today : 3 trades -17.5 Pips
Indeed, filtering out wide boxes would have save me losses
Feel free to comment these trades. if you woud have taken them or not and why
Thanks
Bruno

[Dave]

1. No. Wide box and not the first break down in the series of boxes.
2. Yes. Small box and first break.
3. Yes (if you're happy to trade towards purple). Nice small box and first break. But why did you close it there?
All just my opinion of course!

[immy]

Today : 3 trades -17.5 Pips
Indeed, filtering out wide boxes would have save me losses
Feel free to comment these trades. if you woud have taken them or not and why
Thanks
Bruno

1. If i wanted to trade M15 I'd leave daxy, the highly volatile thing alone, there are plenty of currencies with nice acceptable range.
2. yes, you can take it with bigger box as well, but depending on your MM plan your lot size will automatically be reduced. as you'd always risk a certain percentage of your account i.e. 1% risk.
3. both short trades were ok but the long was aggressive counter trend trade and exit was incorrect.

plenty of lessons here but never be scared of yourself or the market. enjoy it have fun with it.

[Bruno]

No trade today.
I did not take the first black dot because the dot bar broke the box down too far and ewave was also a bit high
I closed yesterday's last trade because there were about five minutes left till the end of the day session. On my broker, the dax future is not quoted after 22:00 till 08:00 ( Frankfurt time)
I don't want to keep open trades overnight. But in this case, I would have made a good profit !
@Dave, Thank you for the concept of first break up/down, we will see if this gives an edge.

[Dave]

First break up/down is just all about timing your entry at the peak of the wave, getting in as soon as the market shows signs of continuation with the trend. S1 is all about the first break! (there's a few pics in my journal where I've drawn this first break on the charts if that's of any help )

[Bruno]

6 Nov
4 trades
1 : -28.5 trend direction; second breakout but same level as the first break out
2: -26.5 counter trend ;first breakout
3: - 44 trend; third breakout; SL
4: +10 trend; first break out; closed out end of day

total : - 89 pips

[Bruno]

7 nov : +15 Pips
Week total : -185 Pips