Tue. Jan. 13, 2015
Screen time LO-session 8:45 - 11:00 am (GMT+1) M1/M5 DAX only.
Started a bit earlier today and took 2 good fruit signals prior LO. One turned out to be a small rent the other one got canceled. Then I was waiting until LO and took a nice up fruit at point LO. With Immy's guidance in the Skype chat I was able to ride 2 campaings in about 90 minutes. It was very enlightening and instructive - it's so impressive how Immy enters and exits his trades unexitedly and with ease. This is what I'm working towards it -trading in the zone!
Today's result:
- 7 + 38 + 29 = + 60 Pips
Michael's (zlabis) Journal [The Magician]
-
zlabis
- AIMSter
- Posts: 533
- Joined: 26 Nov 2013, 08:53
- 11
Re: Michael's (zlabis) Journal
You do not have the required permissions to view the files attached to this post.
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
-
zlabis
- AIMSter
- Posts: 533
- Joined: 26 Nov 2013, 08:53
- 11
Re: Michael's (zlabis) Journal
Wed. Jan. 14, 2015
Screen time LO-session 8:45 - 11:00 am (GMT+1) M1/M5 DAX only.
As result of the LO sessions with fellow mentoring of Immy in the Skype room the last days, I deleted some elements from my chart. As far as I can tell at the moment: it works more easily without distractive elements.
The LO session started with nice moves but I missed 2 good entry signals for some reason. Probably I was not focused enough.
The very positive aspect of it is, that I stayed disciplined outside of the market. I resisted the urge to catch the moves as long as there were no clear setups. That's easier without trendlines, channels, S/R-levels, and all other kind of aiding lines. There was no situation when I thought: "oh, it's rejecting from xy-trendline or breaking xyz-resistance! I have to enter even without or with bad signal!". I stayed out, waited and pulled the trigger as a lovely fruit appeared. Entry was perfect, IMHO, but I should have add on, according to te rules/my trading plan as I was already nicely in profit and add on risk was reasonable with about 15pips. For moving SL I followed the exit rules and exited at green gator without hasitation or greed.
Although I made some nice Pips with one singel-trade, I am more happy about the slight shift in my trading approach towards simplicity.
Today's result:
+ 46 Pips
Screen time LO-session 8:45 - 11:00 am (GMT+1) M1/M5 DAX only.
As result of the LO sessions with fellow mentoring of Immy in the Skype room the last days, I deleted some elements from my chart. As far as I can tell at the moment: it works more easily without distractive elements.
The LO session started with nice moves but I missed 2 good entry signals for some reason. Probably I was not focused enough.
The very positive aspect of it is, that I stayed disciplined outside of the market. I resisted the urge to catch the moves as long as there were no clear setups. That's easier without trendlines, channels, S/R-levels, and all other kind of aiding lines. There was no situation when I thought: "oh, it's rejecting from xy-trendline or breaking xyz-resistance! I have to enter even without or with bad signal!". I stayed out, waited and pulled the trigger as a lovely fruit appeared. Entry was perfect, IMHO, but I should have add on, according to te rules/my trading plan as I was already nicely in profit and add on risk was reasonable with about 15pips. For moving SL I followed the exit rules and exited at green gator without hasitation or greed.
Although I made some nice Pips with one singel-trade, I am more happy about the slight shift in my trading approach towards simplicity.
Today's result:
+ 46 Pips
You do not have the required permissions to view the files attached to this post.
Last edited by zlabis on 20 Feb 2015, 06:38, edited 1 time in total.
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Michael's (zlabis) Journal
Hey Michael!
I know you said you took the TL and M5 chart out, may be there will be some teething problems but it only takes 7 days for any habit to disappear. So may be that is the reason you were not "very objective" i.e. care free state of mind, at the time of fruit long. I nearly missed it too, infact I entered 2 candles late because the short position did clog my mind (when you're focusing on your trade to go a certain direction and market generates conflicting information the mind can block incoming information suggesting to make you achieve your "goal") Well done again, and know it that you're not alone and we are here to support you!
have fun !
I know you said you took the TL and M5 chart out, may be there will be some teething problems but it only takes 7 days for any habit to disappear. So may be that is the reason you were not "very objective" i.e. care free state of mind, at the time of fruit long. I nearly missed it too, infact I entered 2 candles late because the short position did clog my mind (when you're focusing on your trade to go a certain direction and market generates conflicting information the mind can block incoming information suggesting to make you achieve your "goal") Well done again, and know it that you're not alone and we are here to support you!
have fun !
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
Michal
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
-
kooky
- Free Member
- Posts: 133
- Joined: 12 Feb 2012, 06:39
- 13
Re: Michael's (zlabis) Journal
I never have Fruit arrows where you guys have them, if I load the default I virtually have none.Could someone please post a screen shot of the settings for FRUIT 2.4 that you're all using.
Thanks
Thanks
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Michael's (zlabis) Journal
Check the following picture. change the indicator settings to below. The default settings are for Adams Apple.kooky wrote:I never have Fruit arrows where you guys have them, if I load the default I virtually have none.Could someone please post a screen shot of the settings for FRUIT 2.4 that you're all using.
Thanks
Come to the chatroom! before its too late
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
zlabis
- AIMSter
- Posts: 533
- Joined: 26 Nov 2013, 08:53
- 11
Re: Michael's (zlabis) Journal
Thu. Jan. 15, 2015
Screen time LO-session 9:15 - 11:00 am (GMT+1) M1/M5 DAX only.
At LO DAX moved nicely in a 40 Pips range and gave some good entries. As it tightened I had a minor rent-campaign before it broke out to the down side. As there were signals in both directions I was ready for either one. The rents I paid there were small compared to what I've got paid back.
Today's result:
+ 28 - 19 + 110 = + 119 Pips. I'm very happy with this Pip-count although there was potential fur much, much more today as Master of the Universe, Mr. Immy, proofed with his 1000+ Pips day.
Screen time LO-session 9:15 - 11:00 am (GMT+1) M1/M5 DAX only.
At LO DAX moved nicely in a 40 Pips range and gave some good entries. As it tightened I had a minor rent-campaign before it broke out to the down side. As there were signals in both directions I was ready for either one. The rents I paid there were small compared to what I've got paid back.
Today's result:
+ 28 - 19 + 110 = + 119 Pips. I'm very happy with this Pip-count although there was potential fur much, much more today as Master of the Universe, Mr. Immy, proofed with his 1000+ Pips day.
You do not have the required permissions to view the files attached to this post.
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
-
Michal
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Michael's (zlabis) Journal
zlabis wrote:Thu. Jan. 15, 2015
Screen time LO-session 9:15 - 11:00 am (GMT+1) M1/M5 DAX only.
At LO DAX moved nicely in a 40 Pips range and gave some good entries. As it tightened I had a minor rent-campaign before it broke out to the down side. As there were signals in both directions I was ready for either one. The rents I paid there were small compared to what I've got paid back.
Today's result:
+ 28 - 19 + 110 = + 119 Pips. I'm very happy with this Pip-count although there was potential fur much, much more today as Master of the Universe, Mr. Immy, proofed with his 1000+ Pips day.
A-M-A-Z-I-N-G TRADING Zlabis... Well done.. You make Us Proud! (party) ^:)^ \m/ (hug)
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
zlabis
- AIMSter
- Posts: 533
- Joined: 26 Nov 2013, 08:53
- 11
Re: Michael's (zlabis) Journal
Many thanks Michal and Immy. Without the help from all of you I would still struggle in the maelstrom of strategies, systems, wrong assumtions and missing orientation.
All I Can Say: "AIMS ROCKS"
:-bd :-bd :-bd
All I Can Say: "AIMS ROCKS"
:-bd :-bd :-bd
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"