Luis´s Journal

[luisvence517]

Batch 3 – Trade 7
Date: 8/5/2018
Pair: AUDCAD
TF: H4
Signal Type: S1
Check list Setup S1:
Sleeping Alligator: yes
Red or Blue Dot: yes
Dot Candle inside de AIMS Box: yes
Tight AIMS Box: yes
Purple Line correct: yes
AO close to ZL towards Wave 5: yes
Towards TZ1 R:R = 1:2: yes
DS: 1
DS acc: 7/7 (100%)
Outcome: 1.85R

Execution:

audcadh4exec.PNG

Close:

audcadh4close.PNG

[luisvence517]

Batch 3 – Trade 8
Date: 9/5/2018
Pair: USDJPY
TF: H4
Signal Type: S1
Check list Setup S1:
Sleeping Alligator: yes
Red or Blue Dot: yes
Dot Candle inside de AIMS Box: yes
Tight AIMS Box: yes
Purple Line correct: yes
AO close to ZL towards Wave 5: yes
Towards TZ1 R:R = 1:2: yes
DS: 1
DS acc: 8/8 (100%)
Outcome: BE

Pending Order:

usdjpyh4po.PNG

Execution:

usdjpyh4exec.PNG

Close:

usdjpyh4close.PNG

[immy]

Batch 3 – Trade 7
Date: 8/5/2018
Pair: AUDCAD
TF: H4
Signal Type: S1
Check list Setup S1:
Sleeping Alligator: yes
Red or Blue Dot: yes
Dot Candle inside de AIMS Box: yes
Tight AIMS Box: yes
Purple Line correct: yes
AO close to ZL towards Wave 5: yes
Towards TZ1 R:R = 1:2: yes
DS: 1
DS acc: 7/7 (100%)
Outcome: 1.85R

Execution:
audcadh4exec.PNG
Close:
audcadh4close.PNG

I'm curious to know why isn't the Outcome 2R?

[luisvence517]

La explicación a tu pregunta es muy simple Immy. Simplemente porque nunca llegó a 2R.
2R estaba ubicado en TZ1 y en un momento de mi observación vi que estaba en 1.85 y que estaba por rebotar, por lo que me pareció bien cerrar.
De hecho, luego rebotó y ahora estaría cercano a cerrar en el BE, como se nota en el gráfico a continuación. El precio nunca llegó a 2R. Además, se dio la coincidencia de que justo mi observación coincidió con la vuelta del precio, de ahí que haya cerrado en 1.85R.
Además, ya se daba la divergencia entre precio y AO. Ver el gráfico actual para mejor comprensión:

Captura.PNG

[luisvence517]

Batch 3 – Trade 9
Date: 11/5/2018
Pair: NZDCAD
TF: H1
Signal Type: S1
Check list Setup S1:
Sleeping Alligator: yes
Red or Blue Dot: yes
Dot Candle inside de AIMS Box: yes
Tight AIMS Box: yes
Purple Line correct: yes
AO close to ZL towards Wave 5: yes
Towards TZ1 R:R = 1:2: yes
DS: 0
DS acc: 8/9 (89%)
Outcome: -1R

Execution:

nzdcadh1po.PNG

Close:

nzdcadh1close.PNG

[immy]

Batch 3 – Trade 9
Date: 11/5/2018
Pair: NZDCAD
TF: H1
Signal Type: S1
Check list Setup S1:
Sleeping Alligator: yes
Red or Blue Dot: yes
Dot Candle inside de AIMS Box: yes
Tight AIMS Box: yes
Purple Line correct: yes
AO close to ZL towards Wave 5: yes
Towards TZ1 R:R = 1:2: yes
DS: 1
DS acc: 9/9 (100%)
Outcome: -1R

Execution:
nzdcadh1po.PNG
Close:
nzdcadh1close.PNG

I see 3 problems here.
1. The pair itself, NZDCAD usually has a large spread so not ideal for H1. but that can depend on your broker as well.
2. The setup was not ideal S1 setup but its your stage 2 so its ok, you cna be mechnical and that way you'll learn what I mean in time.

3. is the main issue. You failed to check that CAD had Employment Change News at 1.30 uk 15:30 on the chart. You cannot trade during/justbefore major news. I will give you DS0. its important to know this..


cheers

[luisvence517]

OK, thank you. DS=0

[luisvence517]

TRADING PLAN AIMS LV v3.pdf

[immy]

That's a very good Price entry plan... (can't call it a trading plan, but you probably have one written down in your own language that has more details etc)

nice one

[luisvence517]

Thank you very much Immy.