Kevin's Journal

[immy]

I would predetermined which markets will i be trading in the trading. I will say, I will trade max 3 pairs on M5 time frame. That means I will chose well in advance and i will NOT trade any other pair but those 3 during that Batch of T20... You should not be looking for Setups on a dozen or more pairs while trading hte m5 time frame. Nope... that is an easy way to lose money. FACT. moreover, there is only 6 pairs in the world that qualify for m5 time frame. two things 1. Daily Range of the pair 2. Range to Spread ratio.

[tragicallypip]

Pair: EURGBP M5
183887138 2018.03.16 15:08:11 sell 0.25 eurgbp 0.88224 0.88302 0.00000 2018.03.16 16:10:05 0.88283 -1.75 0.00 0.00 -26.89
Entry Type: Setup 0
Exit: Hit SL
Result: R1:R-1
Comments: Gator Closed, Fresh Cross of ZL, and Purple line within AIMS Box.
Discipline Score: 1
EURGBP 2018.03.16 M5 1500 PO.PNG
EURGBP 2018.03.16 M5 1508 Sell.PNG
EURGBP 2018.03.16 M5 1610 Exit.PNG

DS 0 as it is NOT a setup 1. Watch the Setup 0/1/2 video again. cheers

Hi iMi.
I am unclear of why this is not a Setup 0. I have attached a picture that I have marked up. Is the intertwining of the Gator not tight enough? Thanks for your guidance.
Kevin

InkedEURGBP 2018.03.16 M5 1500 PO_LI.jpg

[tragicallypip]

I would predetermined which markets will i be trading in the trading. I will say, I will trade max 3 pairs on M5 time frame. That means I will chose well in advance and i will NOT trade any other pair but those 3 during that Batch of T20... You should not be looking for Setups on a dozen or more pairs while trading hte m5 time frame. Nope... that is an easy way to lose money. FACT. moreover, there is only 6 pairs in the world that qualify for m5 time frame. two things 1. Daily Range of the pair 2. Range to Spread ratio.

Ok. Which 3 would you suggest for me? With only 3 pairs, my only concern is that it will take weeks to complete a batch of 20. It seems to me, that I'm having trouble finding enough when I'm monitoring the six majors.
Thanks.
Kevin

[tragicallypip]

Pair: AUDCHF M5
184145269 2018.03.19 15:24:21 sell 0.25 audchf 0.73373 0.73366 0.00000 2018.03.19 16:33:59 0.73327 -1.75 0.00 0.00 15.80
Entry Type: Setup 0
Exit: Price closed inside Gator's mouth
Result: R1:R+.5
Comments: Gator Lips and Teeth Together, AO fresh Cross of ZL, and Purple inside AIMS Box.
Discipline Score: 1
AUDCHF 2018.03.19 M51522 PO.PNG
AUDCHF 2018.03.19 M51524 Sell.PNG
AUDCHF 2018.03.19 M5 1633 Exit.PNG

2 reason its a DS0 .. one its NOT setup 1... 2, this pair just cannot be traded on M5. AUD/CHF heavens no.. .not even h1.

cheers

Hi iMi. Could I get clarification on this one as well. I'm unsure of why this is not a Setup 0. Am I missing something?
Also, is there a reason why you say this pair can't be traded on H1 and lower? If the volume and volatility is there, could you trade any pair, as long as the spreads are not too wide?
Thanks.
Kevin

AUDCHF 2018.03.19 M51522 PO.PNG

[tragicallypip]

Pair: USDJPY M5
184174904 2018.03.19 17:53:33 sell 0.20 usdjpy 106.046 106.038 0.000 2018.03.19 18:29:56 106.038 -1.40 0.00 0.00 1.97
Entry Type: Setup 0
Exit: Set Trailing SL too tight
Result: R1:R0
Comments: Gator Lips and Teeth Together, AO came up to touch ZL, and Purple just inside AIMS Box.
Discipline Score: 1

USDJPY 2018.03.19 M5 1748 PO.PNG

USDJPY 2018.03.19 M5 1753 Sell.PNG

USDJPY 2018.03.19 M5 1829 Exit.PNG

[tragicallypip]

Pair: AUDUSD M5
184174465 2018.03.19 17:54:15 sell 0.25 audusd 0.76977 0.77071 0.00000 2018.03.19 18:10:13 0.77041 -1.75 0.00 0.00 -20.95
Entry Type: Setup 0
Exit: hit SL
Result: R1:R-1
Comments: Gator Closed, AO came down to touch ZL, and Purple inside AIMS Box.
Discipline Score: 1

AUDUSD 2018.03.19 M5 1745 PO.PNG

AUDUSD 2018.03.19 M5 1754 Sell.PNG

AUDUSD 2018.03.19 M5 1810 Exit.PNG

[tragicallypip]

Pair: AUDCAD M5
184240604 2018.03.20 00:59:37 buy 0.25 audcad 1.00953 1.00790 0.00000 2018.03.20 01:21:45 1.00900 -1.75 0.00 0.00 -13.25
Entry Type: Setup 0
Exit: closed within the Gator's mouth
Result: R1:R-.5
Comments: Gator Lips and Teeth together, AO came down to touch ZL, and Purple just inside AIMS Box.
Discipline Score: 1

AUDCAD 2018.03.20 M5 0055 PO.PNG

AUDCAD 2018.03.20 M5 0059 Buy.PNG

AUDCAD 2018.03.20 M5 0121 Exit.PNG

[tragicallypip]

Pair: EURGBP M5
184339016 2018.03.20 13:03:03 sell 0.16 eurgbp 0.87753 0.87983 0.00000 2018.03.20 13:46:00 0.87747 -1.12 0.00 0.00 1.76
Entry Type: Setup 0
Exit: closed within the Gator's mouth
Result: R1:R0
Comments: Gator Lips and Teeth together, AO came down to touch ZL, and Purple runs through AIMS Box.
I reduced the trade size to stay within my risk threshold.
Discipline Score: 1

EURGBP 2018.03.20 M5 1255 PO.PNG

EURGBP 2018.03.20 M5 1303 Sell.PNG

EURGBP 2018.03.20 M5 1346 Exit.PNG

[immy]

Pair: EURGBP M5
183887138 2018.03.16 15:08:11 sell 0.25 eurgbp 0.88224 0.88302 0.00000 2018.03.16 16:10:05 0.88283 -1.75 0.00 0.00 -26.89
Entry Type: Setup 0
Exit: Hit SL
Result: R1:R-1
Comments: Gator Closed, Fresh Cross of ZL, and Purple line within AIMS Box.
Discipline Score: 1
EURGBP 2018.03.16 M5 1500 PO.PNG
EURGBP 2018.03.16 M5 1508 Sell.PNG
EURGBP 2018.03.16 M5 1610 Exit.PNG

DS 0 as it is NOT a setup 1. Watch the Setup 0/1/2 video again. cheers

Hi iMi.
I am unclear of why this is not a Setup 0. I have attached a picture that I have marked up. Is the intertwining of the Gator not tight enough? Thanks for your guidance.
Kevin
InkedEURGBP 2018.03.16 M5 1500 PO_LI.jpg

It is a Setup 0... you need to take SETUP 1

[immy]

Pair: EURGBP M5
184339016 2018.03.20 13:03:03 sell 0.16 eurgbp 0.87753 0.87983 0.00000 2018.03.20 13:46:00 0.87747 -1.12 0.00 0.00 1.76
Entry Type: Setup 0
Exit: closed within the Gator's mouth
Result: R1:R0
Comments: Gator Lips and Teeth together, AO came down to touch ZL, and Purple runs through AIMS Box.
I reduced the trade size to stay within my risk threshold.
Discipline Score: 1
EURGBP 2018.03.20 M5 1255 PO.PNG
EURGBP 2018.03.20 M5 1303 Sell.PNG
EURGBP 2018.03.20 M5 1346 Exit.PNG

Again an incorrect setup. Box is too big, Flowchart rules violated hence DS0.