Jasmien's Journals.

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Jasmien
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Jasmien's Journals.

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immy
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Well done on starting your journal and let me say that one more time, journal keeping is the best tool in a traders armoury. It will get your from A to B and C and you'd love to revist be and a and laugh. I cannot find words to express how important it is to write a detailed journal and update it regularly. MZ's journal is the best example.

The EUR/GBP trade long, hmmm good observations about the times but really don't matter. If the setup is good TAKE IT. However this setup was NOT an ideal fruit as the momentum on Eave has already changed and there is no angulation between gator and fruit bar.

Moreover, lets trade the major 4-6 if trading on h1. Crosses are just a waste of resources (double spread) .e.g EUR/GBP buy means you're buying Eur/Usd and Selling GBP/usd why not look at EUR/USD and GBP/USD separately and make a decision whether you want to sell them both or buy one and sell hte other etc?

Having said that it was not a bad trade in the end. It is what I call the B trap fruit. and its going into a possible wave 4. if it continues up , you should have added on above the box.

cheers
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! 🍌
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Jasmien
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Entry No. 7 Fruit short Eur/Aud 10/5/2016 1:00 GTM .
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GbpUsd short classic breakout, 2 contracts. 1:1 1:2

2 R LOSS.
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