Michal's journal-H1- Setup1 and Setup2

[Michal]

7/20
Aud/Usd
Risk: 18
Result: -18
Max Pips Range: 1

[Michal]

8/20
Usd/Cad
Risk in pips: 33
Result: 62
Max Pip Range: 68

I closed this trade manually because of the week ending.I allowed myself to do it in my business plan only if there is 2:1 R:R and there is weekend ahead. If its less I just keep it through the weekend. This might be not the best option but I'll might adjust that later if I notice its not good idea.

[Michal]

9/20
Aud/Usd
Risk in pips: 29
Result: -29
Max pips Range: 3

DS= 0 because:
I didnt click on trail Aims box so once new was created my stop loss stayed in the same place. My mistake but sometimes on the phone I lose my focus especially when doing sth.Purely my mistake anyway.

[immy]

9/20
Aud/Usd
Risk in pips: 29
Result: -29
Max pips Range: 3

DS= 0 because:
I didnt click on trail Aims box so once new was created my stop loss stayed in the same place. My mistake but sometimes on the phone I lose my focus especially when doing sth.Purely my mistake anyway.

Hey Michal...

I seriously think you need to watch the video on Setup 1... it also gives the distinction between setup 1/2/0... you wanna really pay attention to your setups... a simple trick is this.. .Would you like to eliminate 50% of your rents?... then follow setup 1... Setup 1 = the setup that goes into a clear wave 5... your TP is at TZ1... and you look for 2R profit... I'm sure you know what we taught in the Hunt section? ... cheers


ps: i will never take this trade.. You are NOT following the correct setting sfor setup 1. This is actually a Black Dot not a Red dot. But thats ok as the code showed it as red. So this is not a valid trade. But still its ok if its by your rules. But You gotta make sure you apply the strategy correctly otherwise any training you do will be actually "training for going against the strategy". we don't want that do we? If you get inline with the Setup 1 core idea, you'll do good. I wish you were still part of the group we'd have good discussion...

[immy]

7/20
Aud/Usd
Risk: 18
Result: -18
Max Pips Range: 1

You forgot to mention the most important part of information hrere.. DS???

[immy]

7/20
Aud/Usd
Risk: 18
Result: -18
Max Pips Range: 1

This picture might through some light at something I'm sure you will know... I hope

[Michal]

Hi
Im a bit slow on updating my journal. I definately have to apply to some rules to be working on it daily. I always leave it for last moment and never get time to do it properly.

Below are my trades

Ill update pictures with risk reward information a bit later.

Trade-10
Eur/Gbp
DS=1

[Michal]

Trade= 11
Usd/Chf
DS=1

[Michal]

Trade=12
Nzd/Usd
DS=1

[Michal]

Trade=13
Usd/Chf
Ds=0