Seabreeze Journal

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
Post Reply
Seabreeze
Free Member
Free Member
Posts: 113
Joined: 02 Oct 2015, 12:12
10

Re: Seabreeze Journal

Unread post by Seabreeze »

Hi Sam thank you for your comment. It means a lot to me as I enjoyed reading your journal. :)
Seabreeze
Free Member
Free Member
Posts: 113
Joined: 02 Oct 2015, 12:12
10

Re: Seabreeze Journal

Unread post by Seabreeze »

First trade of the week for me was the one showed below. Everything set up by my rules and most of the guys in skype also entered it. The trade soon ran out of steam after entry to allow me to pay my rent for the week. There seemed to be a difference on broker feed too as my charts showed plenty of room to TZ1 but others said there was no room for trade. It was mentioned in skype that the trade should never have been taken because AO above 30 and position of Micro TZ1 which is something I was not aware any Micro TZ1 or max AO hight and completely overlooked these concepts, so will go in search of this info. For now it was still a DS1 for me. Didn't get time to make further entries due to work demands.
DAX30M1.png
You do not have the required permissions to view the files attached to this post.
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Seabreeze Journal

Unread post by immy »

I don't think that is part of my trading plan. There is no 30 line limit, neither do I have TZ1 on M5 limit I don't know how to put Micro TZ on this one. simply, it did not pullback enough for me that's all. I like to get into a new wave within the start ... lets say the closer my entry near the Cross of ZL the better ...

Well traded, DS 1 NEXT
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! 🍌
Seabreeze
Free Member
Free Member
Posts: 113
Joined: 02 Oct 2015, 12:12
10

Re: Seabreeze Journal

Unread post by Seabreeze »

Thank you for confirming that Immy. I feel much better now and yes looking at it now your right, a liitle bit more of a pull back would have been better :)
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Seabreeze Journal

Unread post by immy »

Often its the fear of future losses and the pain of current loss that cloud our judgement and we go out on this search of information to find reason either for justifying or evading such events. but the fact is... its just another trade. NEXT NEXT NEXT
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! 🍌
Seabreeze
Free Member
Free Member
Posts: 113
Joined: 02 Oct 2015, 12:12
10

Re: Seabreeze Journal

Unread post by Seabreeze »

Point taken on board Immy

Thanks again
Seabreeze
Free Member
Free Member
Posts: 113
Joined: 02 Oct 2015, 12:12
10

Re: Seabreeze Journal

Unread post by Seabreeze »

Forgive my short explanation of trade this session work is calling me.

Trade 1.. Was taken according to my rules and 2% achieved as always a 1% risk DS1
DAX30M11.png



Trade 2.. Again all rules met and 2% TP... DS1 Sorry for short description
DAX30M1.png
You do not have the required permissions to view the files attached to this post.
Seabreeze
Free Member
Free Member
Posts: 113
Joined: 02 Oct 2015, 12:12
10

Re: Seabreeze Journal

Unread post by Seabreeze »

Well nothing really exciting about today in the London Open.

Although the morning moved generally in a downward move, it was a push pull kind of market and not giving me the smooth impulse waves and nice pullbacks that we like so left the market untradeable this morning ( see M5 Chart) and as a result no trades taken, but DS1 was achieved so a successful session.
DAX30M11.png
M5 CHART

Push pull price action
DAX30M5.png
You do not have the required permissions to view the files attached to this post.
Seabreeze
Free Member
Free Member
Posts: 113
Joined: 02 Oct 2015, 12:12
10

Re: Seabreeze Journal

Unread post by Seabreeze »

US session was one of those days when there was plenty of movement but signals just did not line themselves up correctly for me to want to take a trade. Sometimes that's how it is. There is always tomorrow.

Overall the day showed plenty of movement to the downside with almost 270 pip movement but just wasn't setting up quite right to tempt me so no trades for me today

The best period was actually between London and US session today but as this is a no trade time zone for me I wasn't in the game.

Wasn't able to join the guys in skype this afternoon sorry guys.
DAX30M5.png
You do not have the required permissions to view the files attached to this post.
Seabreeze
Free Member
Free Member
Posts: 113
Joined: 02 Oct 2015, 12:12
10

Re: Seabreeze Journal

Unread post by Seabreeze »

This seed signal set up nicely for me to enter quite early in the session and proved to be a good trade with a little bit of slippage in my favor for 2% plus a few extra pips profit.

I was happy to sit back and relax at this stage and enjoy the 2% Plus

DAX30M1.png
You do not have the required permissions to view the files attached to this post.
Post Reply