H4 Setup 1 and Monarch Hunt

[SprayPlaster]

I don't really agree with reducing your score based on that, but one can surely keep a separate T20 for taking all the signals, or Checking all the signals. e.g. a T20 for 20 days, where you can mark yourself a dS1 if you have checked all your signals to day.

But you've highlighted a serious issue here. I personally found this to be particularly hard. I like my m5/m1 because I can focus on all the candles and everything. and repond to it. but i miss alot of H1 or H4 charts. Hence my attention is more on the m5/m1 nad the D1 account.

cheers

You're right Immy, that's a much better idea. I will keep a separate T20 for "attendance".

[SprayPlaster]

Trade 8

Pair: GBPJPY H4
Entry: Setup 1
Exit: TP at 2R and SL to BE at 1:1
Result: 2R
Disciplinary Score : DS 1 (7/8)
Pre-trade comments: New wave 3 can be seen, followed by a clear 4 with sleeping gator, cross of ZL and purple is not too far away. So a valid setup 1 for me. (Other confluences: price just broke through BRN and it might use it as resistance)
Post-trade comments: - I removed the PO on the monarch seed on the wave 5 as price went above the seed's high.

[SprayPlaster]

Trade 9

Pair: EURJPY H4
Entry: Cherry
Exit: TP at 2R and SL to BE at 1:1
Result: -1R
Disciplinary Score : DS 1 (8/9)
Pre-trade comments: Clear 3,4 and the start of wave 5 can be seen. Price has retraced enough and is bouncing off green gator and the levels to the left
Post-trade comments: -

[SprayPlaster]

Trade 10

Pair: NZDJPY H4
Entry: Seed
Exit: TP at 2R and SL to BE at 1:1
Result: 0R
Disciplinary Score : DS 1 (9/10)
Pre-trade comments: Typical monarch seed setup. Clear 3,4 and the start of wave 5 can be seen. Price has retraced enough and is bouncing off green gator and the levels to the left.
Post-trade comments: Got taken out by a couple of pips before price continues on to beyond TZ1. Next.

[SprayPlaster]

Trade 11

Pair: EURCAD H4
Entry: Seed
Exit: TP at 2R and SL to BE at 1:1
Result: 2R
Disciplinary Score : DS 1 (10/11)
Pre-trade comments: Clear 3 and 4 as well as start of wave 5. Strong move upwards followed by a retracement and the seed signal. The BRN that was previously broken through now possibly act as support as an extra confluence. TP is also below TZ1 so there's still room for some more upward move.
Post-trade comments: Price reached TZ1 before it came crashing down. I didn't take the next 4 hunt signals as TZ1 has been reached.

[SprayPlaster]

Trade 12

Pair: USDCAD H4
Entry: Cherry
Exit: TP at 2R and SL to BE at 1:1
Result: 2R
Disciplinary Score : DS 1 (11/12)
Pre-trade comments: Clear 3 and 4 as well as start of wave 5. Monarch Hunt.
Post-trade comments: - (I placed POs on the next 3 seeds but none of them got triggered and each one were cancelled when price went below their respective lows)

[SprayPlaster]

Trade 13

Pair: USDCHF H4
Entry: Setup 1
Exit: TP at 2R and SL to BE at 1:1
Result: 0R
Disciplinary Score : DS 1 (12/13)
Pre-trade comments: Clear 3 and 4, gator sleeping, purple gator outside box but not too far. TZ1 is over 1R away, so I'm gonna take it.
Post-trade comments: I also skipped the Monarch cherry after that because price has reached TZ1.

[SprayPlaster]

Trade 14

Pair: NZDJPY H4
Entry: Cherry
Exit: TP at 2R and SL to BE at 1:1
Result: 0R
Disciplinary Score : DS 1 (13/14)
Pre-trade comments: New wave 3 (although it was a 3-3 situation I think), with subjectively enough retracement and price bouncing off the levels to the left. Original PO was on the seed to the left of the cherry but when price went above its high, I cancelled the PO and placed it again when the cherry was formed.
Post-trade comments:-

[SprayPlaster]

Trade 15

Pair: AUDUSD H4
Entry: Seed
Exit: TP at 2R and SL to BE at 1:1
Result: -1R
Disciplinary Score : DS 1 (14/15)
Pre-trade comments: New wave 3, seed is bouncing off the levels to the left.
Post-trade comments: On hindsight, I feel like I was too hasty in trying to get into this trade, normally I would've preferred a bit more retracement especially after such a strong move down. So DS0. Edit: Immy gave me the greenlight to mark this as DS1 as it's a valid signal, however he also said that visually the wave has gone too far from its "starting point"

[SprayPlaster]

Trade 16

Pair: GBPUSD H4
Entry: Seed
Exit: TP at 2R and SL to BE at 1:1
Result: -1R
Disciplinary Score : DS 1 (15/16)
Pre-trade comments: Valid hunt setup, no divergence, bouncing off green. Nice setup 1 setup on H1 as well.
Post-trade comments: Got taken out by a tail before price continues beyond TP.