Siegrid's Journal

[rcrglmd]

Trade Number: 7 Batch Number: 1
Setup: Setup 1 only
Date entered: 09/01/2018
Pair: USD CAD
Timeframe: H1
DS: 1

Technical analysis: I liked this one too. All three lines were entwined. Had been a W3, and a pullback (W4), and AO had crossed ZL.

[rcrglmd]

Hi Everyone,

I've been following along with the Skype group. Last night (15/01/18) Jozef posted a DAX30 M1 chart that looked different from my DAX M1 chart.

I'm using a Pepperstone Demo account. I'm not sure if it's a glitchy demo thing.

Jozef took the 10.03 candle, overall at that point the candles on my chart look the same, but at 10.03 the purple line on my chart was in the AIMS box, whereas on Jozef's chart the purple line was above the AIMS box.

Has anyone else had this issue or does it look like I have done something incorrect with my chart set up?

[Tomi]

Hey Siegrid. Jozef is using GKFX broker and the tick data contains ticks from night time also. Your broker tick data starts running from Frankfurt open. Therefore start of the session might have big differences as indicators are derived from moving averages. Hopefully this clears up the issue.

[immy]

Moreover to what Tomi said, and I agree, Just follow the pattern. There will be differences of feed from time to time. But as long as you don't see the pattern you take the trade. There will be times when we won't have the pattern and due the difference you might have it. So yeah its just the difference of 24hr feed or limited feed. GKFX used to start at Frankfurt open as well but then they changed to longer sessions last year or so. It does not matter in the longer term ..

[rcrglmd]

Thanks heaps Tomi & Immy. I could see the difference between my chart and Jozef's at open and thought that it might be something to do with opening times and the data, but being a beginner I wasn't sure if that was the case.

That makes perfect sense now, thank-you for clearing it up for me.

[rcrglmd]

Trade Number: 8 Batch Number: 1
Setup: Setup 1 only
Date entered: 16/01/2018
Pair: USD JPY
Timeframe: H1
DS: DS0

Technical analysis: At the time of placing the order I liked this trade. There was a 3 down, pull back towards purple in W4, then a red dot, gator closed and a recent cross of the Zero Line.

With hindsight, the better trade was the red dot after the W3 and W4 after price crossed the purple line down. Other issues with the trade I took was that there was a black diamond after it, which I have now decided negates the dot signal, so I should not have taken the trade.

TZ1 is right under where I placed my trade, so not optimal. Don't know why I didn't see this at the time.

Also, I should have moved my pending entry and exit to match the reduced size of the AIMS box, which I didn’t. I’m finding H1 a challenge to stay on top of with this issue.

[rcrglmd]

Trade Number: 9 Batch Number: 1
Setup: Setup 1 only
Date entered: 18/01/2018
Pair: GBP USD
Timeframe: H1
DS: DS0

Technical analysis: Gator lines were not completely entwined, which is my definition of S1. Price had already completed W3, W4 & W5, so I should have been waiting for a reset. Also AO was near the ZL but had not crossed.

On a positive note, I am getting to understand ATM a bit more. What an excellent tool to have, it is saving me a fair bit of time mucking about with excel to get my sizing correct. Thanks Steve!

[rcrglmd]

Trade Number: 10 Batch Number: 1
Setup: Setup 1 only
Date entered: 22/01/2018
Pair: EUR USD
Timeframe: H1
DS: DS0

Technical analysis: With hindsight price was obviously not trending. While the gator lines were crossed, purple was still in the box, albeit to the bottom (indicating I thought that price was going to go up). I have read since somewhere, I think it was something Jas wrote, that purple should be outside of the AIMS box, not in it. I will add this to my S1 entry rule list.

Using ATM the pending order was set beautifully. I’m not sure why I was stopped out with a small loss, I must have made a mistake somewhere in my settings. My R is $100, and I was stopped out with a $20 loss rather than BE.

I've had another look at this trade and I think maybe I manually closed the trade after entry because of the black diamond and that is why I had the loss. Note to self: This is why I need to enter the trades in the journal straight away, so I can remember why I did what I did.

Do others have rules about what to do if they are triggered and then there is a black triangle, get out straight away or stay in?

[rcrglmd]

Trade Number: 11 Batch Number: 1
Setup: Setup 1 only
Date entered: 30/01/2018
Pair: EUR USD
Timeframe: H1
DS: DS0

Technical analysis: I seriously have no excuse for this trade. I don’t know what I was thinking. The gator lines are open, no clear wave count. Not S1.

[rcrglmd]

Trade Number: 12 Batch Number: 1
Setup: Setup 1 only
Date entered: 30/01/2018
Pair: USD JPY
Timeframe: H1
DS: DS0

Technical analysis: Gator lines were not completely entwined, but were close. If we are being specific, which I suppose is what rules are all about, then no, it is not S1.

But, price was right side of purple, red dot, recent cross of ZL and AO near ZL.