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Good job! nice detailed analysis, your trade campaign 4/1 was spot on ,that's the ones we want, the 3/1 and 5/1 was a bit late into wave which lower the probabilities of big movement.
Keep it up !
acceleratum wrote:Good job! nice detailed analysis, your trade campaign 4/1 was spot on ,that's the ones we want, the 3/1 and 5/1 was a bit late into wave which lower the probabilities of big movement.
Keep it up !
Thank you, Pedro.
As you pointed out, I don't pay attention to being late in a Wave/movement, yet. If TZ1 gives me a chance of at least BE, I'm interested.
I'll keep this approach a few T20s and will see, how it develops respectively how I can improve it.
Pair: EUR/GBP
Entry: Setup 1
Risk: 47.9 P + 47.9 P = 95.8 P
Exit: Box trail/Box trail
Result: 1.7 P + 1.7 P = 3.4 P, 0.04 R + 0.04 R = 0.08 R
DS: 1 [5/6]
About the campaign
Pre-trade remarks:
H1, VL (1): Setup 1 into Wave 5 down
H1, HL (1): Low of Wave 3 down. An Entry below this level would be within a confirmed Wave 5 down.
H1, HL (2): 1:1 for the first Entry
H1, HL (3): TZ1
H4, VL (1): Price within a Wave 3 down, Divergence could have happened already.
Post-trade remarks:
Entries were a bit late, as market was already going sideways for quite some time (four days).
Correspondantly, Alligator on H4 was still open to the downside, but, apparently, going to sleep, too (see e.g. flat and close Purple Line).
Summarized, there were too many shady circumstances, so that this campaign should have been skipt.
But, nevertheless, there was nothing wrong concerning my TP.
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Pair: USD/JPY
Entry: Setup 1
Risk: 74.2 P + 74.2 P = 148.4 P
Exit: TP (1:1)/Box trail
Result: 74.8 P + 70.1 P = 144.9 P, 1.01 R + 0.94 R = 1.95 R
DS: 1 [6/7]
About the campaign
Pre-trade remarks:
H1, VL (1): Setup 1 into Wave 5 up
H1, HL (1): TZ1(a)
H1, HL (2): TZ1
H4, VL (1): Price within a Wave 3 up.
Post-trade remarks:
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Pair: NZD/USD
Entry: Setup 1
Risk: 23.9 P + 23.9 P = 47.8 P
Exit: Box trail/Box trail
Result: - 6.8 P - 6.9 P = - 13.7 P, - 0.28 R -0.29 R = - 0.57 R
DS: 1 [7/8]
About the campaign
Pre-trade remarks:
H1, VL (1): Setup 1 into Wave 5 of Wave 3 of Wave 4 [H4] up
H1, HL (1): 38.2 % retracement level of Wave 3 down [H4], marking the possible end of Wave 4 up [H4]
H1, HL (2): 1:1 for the first Entry
H4, VL (1): Price within a Wave 4 up.
H4, HL (1): 38.2 % retracement level of Wave 3 down, marking the possible end of Wave 4 up.
Post-trade remarks:
D1's upper AIMS-Level was close to the Entry, I could have placed the PO above.
This was not a perfect spot for an Entry, as I prefere Price being within an (by eWaves) indicated Wave 3 or Wave 5 on H4.
But, after some time without market giving me any trading possibilities, I was desperatly looking for some valid signals.
According to my TP, this one was such.
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Pair: EUR/USD
Entry: Setup 1
Risk: 24.5 P + 24.5 P = 49 P
Exit: TP (1:1)/TP (5:1)
Result: 25.3 P + 128 P = 153.3 P, 1.03 R + 5.22 R = 6.25 R
DS: 1 [8/9]
About the campaign
Pre-trade remarks:
H1, VL (1): Setup 1 into Wave 5 up
H1, HL (1): TZ1
H1, HL (2): 1:1 for the first Entry
H1, HL (3): 38.2 % retracement level of Wave 3 down [H4], marking the possible end of Wave 4 up [H4].
H4, VL (1): Price within a Wave 4 up.
H4, HL (1): 38.2 % retracement level of Wave 3 down, marking the possible end of Wave 4 up.
Post-trade remarks:
H1, VL (2): High impact news for EUR.
Before news, I kept my remaining trade open, still using Box Trail, as I already achieved (at least) 2:1 for this campaign.
The spike hit the suspected TZ1 pretty well, afterwards Price went down sharply.
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Pair: NZD/USD
Entry: Setup 1
Risk: 23 P + 23 P = 46 P
Exit: Initial SL/Initial SL
Result: - 24.4 P - 24.4 P = - 48.8 P, - 1.06 R - 1.06 R = - 2.12 R
DS: 1 [9/10]
About the campaign
Pre-trade remarks:
H1, VL (1): Setup 1 into Wave 5 up
H1, HL (1): 1:1 for the first Entry
H1, HL (2): TZ1
H4, VL (1): Price within a Wave 5 of Wave 4 up.
Post-trade remarks:
The Wave 5 on [H4] I was targetting was already within its TZ1 and TZ2.
Nevertheless, Alligator was open to the upside at that moment, hence all in line with my Trading Plan.
Though, with a bit of discretion, I could have skipped this one.
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