Chris's Journal - Step 1 (Setup 1)

[immy]

welcome back BOAD

[Boad]

Thanks Immy. Its great to be back!!

[vickyp]

Lovely to see you back Chris.
Vicky

[Jasmien]

Immy wrote: another point is that when you see a level to the left which seems to be near the current level. its best to take the outer level. in this case your PO should have been above the level to the left. And trust me I won't comment on this if it was just a pattern is saw sometimes. Actually I've seen this pattern for decades. So as per the Setup 1 Flow Chart... Question "is box level close" would have saved the original Entry you'd have missed the fakeout and pullback and got in with the spike and a lovely 2R...

Jasmien answered: I still do this silly mistake, by not properly checking the levels to left. It's such an important point and reminded me to still go through my flowchart checklist, when you do something over and over you become almost automated which I like but goes to show "LOOK at FLOWCHART."

Thanks Immy.

[immy]

Another point I noticed In your comment. If you do something for a long time, "correctly" then doing correctly will become an automated response. You'll make the right decision every time without even consciously knowing or thinking about it. However the opposite is true as well.

[Boad]

Batch 4 - Trade 2
7/2/2018

Result DS1 (2R)

2/2 DS1 (100%) (4R)

[Boad]

Batch 4 - Trade 3
13/2/2018
USDCHF - S1 H4

Result DS0 (0R). Not a S1. Purple line breached the purple line and also purple line through the box containing the signal candle.

2/3 DS1 (66%) (4R)

[Boad]

Batch 4 - Trade 4
13/2/2018
AUDCAD - Cherry S1

Result DS1 (-1R).

3/4 DS1 (75%) (3R)

[Boad]

Batch 4 - Trade 5
13/2/2018
USDJPY - Cherry S1

Result DS0 (-1R). Alligator not diverging enough.

3/5 DS1 (60%) (3R)

[Boad]

Batch 4 - Trade 6
14/2/2018
USDJPY - Cherry S1

Result DS0 (-1R). Alligator not diverging enough.

3/6 DS1 (50%) (2R)