TJ's Journal

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SprayPlaster
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Re: TJ's Journal

Unread post by SprayPlaster »

Finally an off day, so gonna stop slacking and update my journal
SprayPlaster
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Re: TJ's Journal

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Trade 6

Pair: USDJPY
Entry: Seed
Exit: TP 1 at 1:1 and TP 2 is trailing boxes
Result: 1R + 2.3R
Disciplinary Score : DS 1
Pre-trade comments: Valid setup according to plan. A bit worried about the gap from the weekend getting filled but it's not in the plan so yolo.
Post-trade comments: -
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SprayPlaster
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Re: TJ's Journal

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Trade 7

Pair: Gold
Entry: Cherry
Exit: TP 1 at 1:1 and TP 2 is trailing boxes
Result: -2R
Disciplinary Score : DS 1
Pre-trade comments: Valid setup according to plan.
Post-trade comments: -
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SprayPlaster
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Re: TJ's Journal

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Trade 8

Pair: USDCAD
Entry: Cherry
Exit: TP 1 at 1:1 and TP 2 is trailing boxes
Result: 1R + 0.8R
Disciplinary Score : DS 1
Pre-trade comments: Valid setup according to plan.
Post-trade comments: -
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SprayPlaster
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Re: TJ's Journal

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Trade 9

Pair: EURJPY
Entry: Cherry
Exit: TP 1 at 1:1 and TP 2 is TZ1
Result: 1R + 1.2R
Disciplinary Score : DS 1
Pre-trade comments: Valid setup according to plan. Second order has TP at TZ1
Post-trade comments: -
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SprayPlaster
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Re: TJ's Journal

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Trade 10

Pair: USDJPY
Entry: Cherry
Exit: TP 1 at 1:1 and TP 2 is TZ1
Result: 1R + 2R
Disciplinary Score : DS 1
Pre-trade comments: Valid setup according to plan. Second order has TP at TZ1
Post-trade comments: I feel like the gator isn't open enough for my liking but it's technically not sleeping so still good I think.
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SprayPlaster
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Re: TJ's Journal

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Trade 11

Pair: EURJPY
Entry: Cherry
Exit: TP 1 at 1:1 and TP 2 is trailing box
Result: 1R + 3.4R
Disciplinary Score : DS 1
Pre-trade comments: Valid setup according to plan.
Post-trade comments: Normally for non monarchs, I prefer at least 2 dark bars, but in this case, the signal is at green line, and has 38% retracement already.

Trade 12

Pair: EURJPY
Entry: Seed
Exit: TP 1 at 1:1 and TP 2 is trailing box
Result: BE
Disciplinary Score : DS 0
Pre-trade comments: Valid setup according to plan.
Post-trade comments:

1. First time using VPS, and took this trade on the phone so I should've checked the BE and TP settings properly. I forgot to turn off SL to BE so both orders triggered BE.
2. Forgot to check for news today, so DS = 0
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SprayPlaster
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Re: TJ's Journal

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Trade 13

Pair: EURUSD
Entry: Cherry
Exit: TP 1 at 1:1 and TP 2 is trailing box
Result: -2R
Disciplinary Score : DS 1
Pre-trade comments: Valid setup according to plan.
Post-trade comments:
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immy
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Joined: 22 Nov 2010, 16:46
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Re: TJ's Journal

Unread post by immy »

That for me is not a good cherry signal. Its inside the box, the range of the bar/candle is quite high quite biigger than the ones to hte left, there are levels to the left, (bow low nad bar lows) that are close. price has had a strong move down, and was wanting to recover from it. I'd rather wait after a strong price action and let it come back to ZL, and perhaps catch something in the next wave.
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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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: TJ's Journal

Unread post by immy »

a littel tip..

you're recording everythign pretty nicely. Just a little tip. If you record trade number in such fashion would help you and the reader.

Trade T1-10 (meaning 10th trade of the first batch of T20)
And end each post by Total scoare such as TDS: (total discipline score) T1-9/10 (that is first batch of T20, 9 DS1 out of 10 trades)

Hope this helps.
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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