Michael's (zlabis) Journal [The Magician]

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zlabis
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Re: Michael's (zlabis) Journal [The Magician]

Unread post by zlabis »

Thank you for your kind words, Pankaj. I'm very happy that I can give something back of what I've already received here.

Tomy, thank you very much :-)
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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zlabis
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Re: Michael's (zlabis) Journal [The Magician]

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Week 19, 09.05. - 13.05.2016:

Mon. May 09, 2016
DAX_M1-M5_2016-05-09_LO.png

Tue. May 10, 2016
DAX_M1-M5_2016-05-10_LO_1.png
DAX_M1-M5_2016-05-10_LO_2.png

Wed. May 11, 2016
DAX_M1-M5_2016-05-11_LO.png

Thu. May 12, 2016
DAX_M1-M5_2016-05-12_LO.png

Fri. May 13, 2016
DAX_M1-M5_2016-05-13_LO.png
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"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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zlabis
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Re: Michael's (zlabis) Journal [The Magician]

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Mon. 16th and Tue. 17th May 2016
no trading due to Whitsun break


Wed. May 18, 2016

Screen time:
London Open session 8:45 - 11:00 (GMT+2 DST) M1/M5 DAX only - LIVE

Was a LO session without too much of clear movement and structure but it offered some valid signals.

Trade 1:
AA, SL = 11.7p = 0.5R, no hard TP
Exit: init SL
Result: -11.7p = -0.5R
DS = 1

Trade 2:
Seed, SL = 6.0p = 1R, no hard TP
Exit: BE after 1R hit
Result: BE = +/-0R
DS = 1

Today's result: -11.7p = -0.5R, DS = 2 / 2, 2.25 hrs
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"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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zlabis
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Re: Michael's (zlabis) Journal [The Magician]

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Thu. May 19, 2016

Screen time:
London Open session 8:45 - 11:00 (GMT+2 DST) M1/M5 DAX only - LIVE

DAX moved very nicely and smoothly during first half of my session but I skipped signals there due to reasons described on screen shot. Then 3 attempts to catch of w5 failed - I got simply trapped by w4 or SL was too close. But that's trading. Next time it's working out in my favour again ;-)


Trade 1:
PC-Cherry (AA-style)
SL = 11p = 0.5R, no hard TP
Exit: init SL
Result: -11p = -0.5R
DS = 1

Trade 2 camapaign:
Adam's Apple + 2 add ons
SL = 11.5p + 13.8p +19.5p = 3 x 0.5R, no hard TP
Exit: init SL
Result: -11.5p - 13.8p -19.5p = -44.8p = -1.5p
DS = 1

Trade 3:
Classic Breakot
SL = 10p = 0.5R, no hard TP
Exit: Trailing AIMS by ATM
Result: -7p = -0.35R
DS = 1


Today's result: -62.8p = -2.3R, DS = 3 / 3, 2.25 hrs
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Re: Michael's (zlabis) Journal [The Magician]

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Fri. 20th 2016
no trading due to business meetings
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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zlabis
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Re: Michael's (zlabis) Journal [The Magician]

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Result of week 20, 16.05.-19.05.2016 - M1/M5 live:
Mon. 16.05. no trading
Tue.17.05. no trading
Wed. 18.5. -11.7p = -0.5R, DS = 2/2, 2.25 hrs, M1/M5
Thu. 19.04. -62.8p = -2.3R, DS = 3/3, 2.25 hrs, M1/M5
Fri . no trading
-----------------------------------------------------------------------------------------------------------------------------------
Result ...... -74.5p = -2.8R (with compounding), DS = 5/5 (100%), 4.50 hrs

Not the best result point- and R-wise but I'm very happy with DS of 100%. Next time, trades which didn't work out although analysis was correct, will work out and will pay off all these tiny rents by far.
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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Re: Michael's (zlabis) Journal [The Magician]

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Mon. May 23, 2016

Screen time:
London Open session 8:45 - 11:00 (GMT+2 DST) M1/M5 DAX only - LIVE

Strong movement and high volatility but not too many high quality signals.

Trade 1:
Adam's Apple, SL = 12.5p = 0.5R, no TP
Exit: init SL
Result: -12.5p = -0.5R
DS = 1

Trade 2:
Seed, SL = 9.0p = 1R, TP = 18.0p = 2R
Exit: TP
Result: +18p = +2R
DS = 1

Today's result: +5.5p = +1.5R, DS = 2 / 2, 2.25 hrs
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"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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zlabis
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Re: Michael's (zlabis) Journal [The Magician]

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Tue. May 24, 2016

Screen time:
London Open session 8:45 - 11:00 (GMT+2 DST) M1/M5 DAX only - LIVE

Day of massive up move of DAX during the whole day but I was able to pick out some points during a small down move at the beginning of the session.

The up move didn't offer valid The Hunt/AA/S1/S2 entries but I was able to catch the w3 on M5.

Trade 1 - S1:
It was a perfect S1 into w5 with TZ1 around 2.5R away. As it was such a high quality setup, I decided to take full risk of 1R and I was willing to add on if it goes into a nicely stepping pattern (what it actually didn't in hindsight). I decided to let it run as there's a good chance that a w5 turns into a w3, espacially at the beginning of the LO session. 1R level got hit quickly but at the time it reached M1-TZ1 which was very close to D1 lower AIMS level, price reversed to start that tremendous up move for the rest of the day. I sticked to my rules and let ATM handle the trade by trailing AIMS, where it got exited with around 1.5R.
S1, SL = 10.8p = 1R, no TP
Exit: Trailing AIMS by ATM
Result: +16.4p = +1.5R
DS = 1


Today's M1-result: +16.4p = +1.5R, DS = 1 / 1, 2.25 hrs
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"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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Kyle
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Re: Michael's (zlabis) Journal [The Magician]

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Very nice work Michael :)
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Re: Michael's (zlabis) Journal [The Magician]

Unread post by immy »

And where is the 200 Points AIMS the Fruit Campaign????
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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