Terry's journey

[terence]

EurUsd setup presented itself nicely on Tuesday
Thanks to the chat and a heads up from Jasmien I decided this met all my criteria for my journal.
The objective for me is simply to ID S1 on H1, and so here is the trade as I placed my PO.
The trade did not follow through and hit my PO so trade was cancelled.

All relevant explanations on chart

T20 - Batch 1 Trade 7
DS1
Total DS 7/7

2017-10-31_1417.png

[terence]

Looks like I've missed trade 6! LOL

So last trade (labelled trade 7) becomes trade 6.
Trade 7 to follow.

[terence]

Ok we are back on track with the trade numbering and this is trade number 7.

It has been a slow week so I can be grateful I took this setup1 H1 as per my TP.
I am having no problem placing trades, even on demo. Previously I would hesitate on every trade, fearful of being wrong, live or demo.
In fact I would literary forget how the order box worked, as I was so fearful of losing.

So here is this weeks trade.

EUR/USD H1 S1

T20 - Batch1 Trade 7
DS rating: DS1

Total DS: 7/7

2017-11-07_EURUSD_H1.png

[immy]

This is one awesome Setup 1 trade... Well done

[terence]

Thanks Immy for encouraging comments on last trade.

Setup 1: For this trade I was able to tick all the boxes, but as gator slept, so did price become erratic and choppy, creating a smaller box after the Red Dot.

Not happy with the general look of this trade, so will give myself a DS 0

T20 Batch 1 - trade 8

Score - DS 0

Total DS 7/8

2017-11-16_AUDUSD.png

[terence]

My bed time and one quick scan made me aware of the impending setup 1 that would possibly unfold in 4 candles time when Asian trading starts.

Could not sleep so here is the result.

NB: Its a blue dot and not red as in my detail on chart.

T20 - Batch 1 Trade 9

Score DS1

Total DS 8/9

2017-11-17_EURUSD_H1.png

[terence]

Well there has been a 3 week drought of H1 S1's, but hopefully the market is being more compliant now.

T20 - batch1 Trade 10

Mon 11 Dec
UsdJpy
H1 S1

Setup conditions:

Aligator sleeping (crossed)
Box size acceptable
W3,W4 and into W5 and TZ1
Htf H4 in W3
Purple out of box
DS 1

2017-12-12__USDJPY_H1.png

[terence]

On second thoughts I see the red line only just touching the box, and of course both red and green should technically be in the box.
So I will downgrade from DS1 to DS0 (Sob)

So total score 8/10

[terence]

Pretty happy to see this setup as I booted up for my first scan of the day.
I remind myself the outcome of my batch 1 has nothing to do with profit, only identifying Setup1's, and documenting them here.

15 Dec 2015
Pair: USDCHF
Time frame H1

Setup conditions:

Aligator sleeping
Box size acceptable
W3, W4, and into W5 and TZ1
Purple line outside box and close
Htf gator open

I give myself a DS1 for this setup.

Total DS Score: 09/11

2017-12-15_UsdCHF_H1.png

[terence]

Today an exotic came to the fore. I would not normally watch this pair, but for the sake of Stage1 and to be able to identify S1 setups, I am posting it.

T20 - Batch1 Trade 12

19 Dec 2017
GBP/AUD
Time Frame H1

Setup1

Setup conditions Setup1:

Red dot
Aligator sleeping
Box size acceptable
W3,W4 and into W5 and TZ1
Purple out of box

Score DS1
Total score 10/12

2017-12-19_GBPAUD_H1.png