Jasmien's Journals.

[Jasmien]

So on your first entry you saw those levels to the left, and it bounced right at them not reaching your tp, what you should have done is see if you have the sl to be at that level, at least 1R of space for it to move, its part of the filter rules, is there enough room for tz1? so Initially we look for trades with 2R of room to move.. as we learn and advance we might take this riskier trades but having at last 1R for the sl to be so when it bounces of those levels, which it did, we would have our SL at Breakeven at least. this is the kind of liberty we take when advancing stages, but the filter rules are still there and always important to follow the stage 1 rules, for someone starting it might seem the later stages users are bending the rules alot to catch profits but there is still a method and places where you can bend the rules, its not a gut feeling, it comes with experience, and you only do what you understand why you do it, no point in imitating some method just because that other person used it, you have to understand it fully, why its used, when, and how to spot that exact same situation.
Also getting back in.. you need a pretty good explanation to justify that to yourself.. if your first entry was perfect and failed while are you getting back in in a trend that stopped? Doing the same thing and expecting the outcome to be different? Isn't that the definition of insanity? =D

Just some things to think about!

Keep up the good work!

Thanks Pedro for your feedback. Something to thing about and some certainly some valid points. E.g I went into EurUsd long on the other day and it was a nice looking setup 1 but I got stopped out and yesterday a setup 0 hit 2R straight away which I had filtered, a bit of a catch sometimes in what to do...

[Jasmien]

Trade No. 17
Date: 6 -7-17

Pair:GbpUsd

Signal Type: Setup 1 H4 and it was also a setup 2 on H1.

I felt good about the trade, it was overall bullish trend. NFP news were due so it did something else instead.

DS 1

OUTCOME: 1R Loss

Balance:

[Jasmien]

Trade No. 18
Date: 10 -7-17

Pair:EurUsd

Signal Type: Setup 1 H1

I took it and had to leave desk, when I got back 1R loss was hit, in hindsight I could see D1 had a reversal Pinbar but it was too late. At first sight it looked like a good setup 1.

DS 1

OUTCOME: 1R Loss

Balance:

[Jasmien]

Trade No. 19
Date: 29 -6-17

Pair: Gbp/Aud

Signal Type: Setup 1 H1


DS

I was confident that it would go into wave 5, but next day it was a 1R Loss.

OUTCOME: 1R Loss

Balance:

[acceleratum]

this last one didnt cross zl, while we may take that liberty sometimes it stayed sideways longer, in both last two trades you can look at them and see how to avoid the big sideways, and that is checking all the rules, wait for zl cross and a small box, in this last one was harder to spot and would likely skip but on the trade Nº18 you can see it shot up after the signal with the small box and another tiny box after, thats the one we like, tiny risk for lots of profit. Also you can notice when it stays sidways too long the purple mingles with the gator and creates the S0 and while those are less common and harder to find the right spot to get in they breakout furiously.

[Jasmien]

Trade No. 20
Date: 13-7-17

Pair:UsdCad

Signal Type: Hunt Cherry H1

I took it early in the morning and it did go down after it stoped me out.


DS1

Outcome: 1R loss

[Jasmien]

Hello.

I've finished my batch 7, my DS was 80%.

I had a total of 6.6 R profit.

What's been bothering me a bit is that it has taken me a very long time to finish this batch just a bit over 2 month (

It's been a combination of too much chart screening so I actually missed signals even though I was around, I think that's the most annoying part when you at your screen most days but still miss signals, thanks for some great call out's on Skype though. Other reasons for the batch to take this long was that I missed some rather amazing setups which just happened outside of my trading hours, and unfortunately some family health issues I had to attend to (father-in law had 2 strokes over last couple of weeks so as a family we had to get together etc.)

Sorry for being late with my entries here. My Batch No. 8 has just started I will post my latest entries also straight away.

[acceleratum]

thats why less is more, few charts leads to better understanding and not missing the signals since you can remember where the chart is at if you keep only a handful of them.

[Jasmien]

thats why less is more, few charts leads to better understanding and not missing the signals since you can remember where the chart is at if you keep only a handful of them.

Thanks Peds, I know now...

[acceleratum]

And dont worry about missing entries due to family or any other event, focus on the objective, the endgame, for me trading is a stree free hobby I do when I have the time for it, as long as I do it disciplined when I do it, its ok to miss a couple days, dont let it stress you out,