Jasmien's Journals.

[immy]

GbpChf
H1
short setup 1

Signal: 9-3-2017
Signal time: 9:00 MT
Triggered 9-3-2017 9:00 GMT

SL: 20

DS12/17

Outcome: B/E

Another DS0 here... this is NOT setup 1.... and you have NOT entered correctly ... too late. just not setup 1...

[immy]

GbpUsd
H1
short setup 1

Signal: 6-3-2017
Signal time: 9:00 MT
Triggered 6-3-2017 17:00 GMT

SL: 45

DS11/16

Outcome: 0.1R loss

I had PO on, which got triggered, after it got triggered I realised that H4 had divergence which is one of our filters, so I didn't want to add to messy batch by taking a wrong signal. Again this could have given me a 2R. I felt that again I suffogated a decent trade, but than again divergence is divergence. Rule once a mistake has happened it's better to get out.

You gave a good reason here... and It kidn of makes sense, (though is that a rule in your 5 T20 bathes? did you ever check h4 divergence for the otehr 3 batches?)
BUT.... after you accepted your mistake WHY IS IT STILL A DS1??????
and pleae could you Rate each trade , show clearly is it a DS1 or DS0... You are only giving total score. So I have to see your previous trade to find out if you gave this trade a DS1 or 0. thanks

[immy]

Aud/Cad
H4
Long setup 1

Signal: 20-2-2017
Signal time: 4:00 GMT
Triggered 21-2-2017 00:00 GMT

SL: 56

DS9/13

Outcome: B/E

I had PO on that one got triggered, but felt not comfortable with it, I think my confidence level was a bit low. I got out at B/E.

So it means you did not follow your Trade management plan which is -1R BE or 2R????? Why is it then a DS1?????

[Jasmien]

Hello Immy,

Yes ok I'll go through the entire batch now and check DS and post a proper score, sorry I just focused on Win/Loss outcome. I know that it's not good score overall with that one...

Thank you.

[Jasmien]

Hi Immy thanks for your feedback.

I went through each trade and it looks like my DS is 9/20.

In regards to pink dots I've put on DS 0 on all of them now. I don't mind taken them as long as ewave is like a setup 1 pattern, with a clear 3 and a flat wave 4, basically I view them like setup 1 other than if price has really closed to far away from box than I'd filter it anyways I'd have thought that was ok to do.

I'll look forward to a better batch. I obviously have stuffed this one up big time.

[immy]

Hi Jasmien

Don't lose heart its ok. The biggest problem traders have is that they go through the "yoyo diet" syndrome. They find a bit of discipline then as soon as they think they have got there, they lose the discipline and back to where they started. Its called the type 1 structure. (pendulum)

In the dating and romantic relationship world they give you this analogy. Couples often stop loving each other after getting married or moving in etc. For some reason we stop doing those tiny little romantic things that made the relationship so lively, exciting and fun. We start to take things for granted. "oh I know she knows I love her"... No I have to tell her that I love her... DAILY... and she has to say that too... (i'm not talking about my relationship here. hehe )

So you ahd great 3 Batches. and 4th one was as if you never understood what Setup 1 actually was... Why?

Before I answer that, you probably now understand why I recommend 5 batches instead of one T20 or 2 or 3. There is a reason behind it. Consistency is not a day or two days job. you have to remain consistent for at least 6 months. Hence I suggest to new trades, don't worry about time, time will pass anyway, don't rush it. Do your demo trading for at least 6 months, and prove it over and over again taht you can maintain at least 80% success rate. And those arguments about "demo trading is different to live" with due respect, imho, are BS... Demo is the best thing that's happened to traders.

One more important point I'd like to highlight , forgive me if I've already mentioned. You were talking about "profitability" in your posts. And that too is AGAINST DS. THe MAIN OBJECTIVE OF T20 PRINCIPLE IS TO ALLOW ONE TO TRADE WITHOUT FEAR OF MAKING OR LOSING. We take the focus away from "losing a trade or winning a trade" to BEING DISCIPLINED, to , "Having followed the RULES or Having Broken The Rules.". Traders who do not yet know how to follow rules, simply haven't yet EARNED the right to TRADE... Period. So , cheer up, do something nice this weekend, Enjoy yourself and come back strong...

all the best...

[Jasmien]

THIS IS THE START OF BATCH NO 5


Eur/Jpy
H1
Long setup 1

Signal: 14-3-2017
Signal time: 4:00 GMT
Triggered 21-2-2017 7:00 GMT

SL: 24

Outcome: 1R Loss.

DS1

Overall I felt good with that trade, H4 had a new Peak with a seed as well. At this point in time it doesn't look like it's going my way though. Will update later on.

[Jasmien]

Usd/Jpy
H1
Long setup 1

Signal: 14-3-2017
Signal time: 4:00 GMT
Triggered 21-2-2017 6:00 GMT

SL: 35

Outcome: 1R Loss

DS1

Note: The HTF had Tz1 already hit, I never checked this before but having that knowledge now it's a little hard not to see it. So if Tz1 is already hit on HTF this would make it a lesser probability trade if I'm not mistaken. Either way I'm in it now so will see what happens )

[Jasmien]

Usd/Cad
H1
Short setup 1

Signal: 20-3-2017
Signal time: 00:00 GMT
Triggered 21-2-2017 6:00 GMT

SL: 37.9

Outcome: 1R Loss

DS1

[Jasmien]

Trade no. 4
Usd/Chf
H1
Short setup 1

Signal: 22-3-2017
Signal time: 6:00 GMT
Triggered 22-2-2017 11:00 GMT

SL: 34

Outcome 2R

DS1