Jasmien's Journals.

[Jasmien]

Batch No.20

Trade No. 14
Date: 19/07/2018

Pair: E/Usd

Signal Type : H1 Setup 1

Notes and feelings I note for myself before my trade outcome:

Hindsight notes:

DS for this trade. 1

My overall DS 12/14

Trade outcome: 2R Profit

[Jasmien]

Batch No.20

Trade No. 15
Date: 19/07/2018

Pair: Gold

Signal Type : H1 Setup 1

Notes and feelings I note for myself before my trade outcome: D1 is going into a wave 5 down, I wanted to give this a go, right now still at initial SL. ATM moved to BE overnight, happy for BE as I wanted to try this one.

Hindsight notes:

DS for this trade. 1

My overall DS13/15

Trade outcome: BE

[Jasmien]

One of the biggest problems of shorter time frames is exactly what you referred to. "too busy on m5 , forgot to update journal"... GREAT... (anything below H1)

The problem is that they (the traders and the short time frame based method) trade TOO OFTEN and because of that it is very hard to record your trades.

This is how I felt over last 3+ month on M5.

This is a vicious cycle, a downward spiral.

One needs more discipline, faster reactions, and "use a larger portion of a limited resource called - The Decision Fuel -

(yeah just made it up, but you get the point) ...

it appears we run out of this fuel fast. One can't take that many decisions that drains our energies...

It leads to over trading,
it leads to higher transaction costs,
it leads to spending too much of life in pursuit of something that can be achieved otherwise...

there are so many bad points of shorter time frames... ...

Could this be the reason why M5 and M1 is marred with dead bodies of traders (gaming analogy) who've succumbed. The tomb stone reads ... "consistent losses for most beginners/intermediate traders" BEWARE the Faster Time Frames...

Thanks for your feedback iMi!

[immy]

Gosh I went on a rant.. .apologies lol

[Jasmien]

Gosh I went on a rant.. .apologies lol

No you didn't

[Jasmien]

Batch No.20

Trade No. 16
Date: 19/07/2018

Pair: UJ

Signal Type : H1 Seed within Monarch pattern

Notes and feelings I note for myself before my trade outcome: I called it out on slack, D1 has a lovely OB short bar.

Hindsight notes: M15 had a setup 2, it didn't look great at all at first and then at NY it has a beautiful turnaround.

DS for this trade. 1

My overall DS14/16

Trade outcome: 2R Profit

[Jasmien]

Batch No.20

Trade No. 17
Date: 23/07/2018

Pair: NU

Signal Type : H1 seed/ maybe famous

Notes and feelings I note for myself before my trade outcome: It just got triggered, not looking great, M15 has a setup 1 without a great retrace but wanted to give this a go, so will see....Will post chart shortly

Hindsight notes: H1 was slightly diverging...

DS for this trade. 1

My overall DS 15/17

Trade outcome: 1R loss

[Jasmien]

Batch No.20

Trade No. 18

Date: 23/07/2018

Pair: GU

Signal Type : H1 seed/ maybe famous

Notes and feelings I note for myself before my trade outcome: It just got triggered, not looking great, M15 has a setup 1 without a great retrace I think I should have waited for M15 to setup properly, only LO will turn this around or kill the trade...Will post chart shortly.

Hindsight notes: M15 had not set up properly.

DS for this trade. 0

My overall DS 15/18

Trade outcome: 1R Loss

[immy]

Batch No.20

Trade No. 17
Date: 23/07/2018

Pair: NU

Signal Type : H1 seed/ maybe famous

Notes and feelings I note for myself before my trade outcome: It just got triggered, not looking great, M15 has a setup 1 without a great retrace but wanted to give this a go, so will see....Will post chart shortly

Hindsight notes: H1 was slightly diverging...

DS for this trade. 1

My overall DS 15/17

Trade outcome: 1R loss

Ooopsie... You were in this trade before the seed... preconceived idea

[immy]

Batch No.20

Trade No. 18

Date: 23/07/2018

Pair: GU

Signal Type : H1 seed/ maybe famous

Notes and feelings I note for myself before my trade outcome: It just got triggered, not looking great, M15 has a setup 1 without a great retrace I think I should have waited for M15 to setup properly, only LO will turn this around or kill the trade...Will post chart shortly.

Hindsight notes: M15 had not set up properly.

DS for this trade. 0

My overall DS 15/18

Trade outcome: 1R Loss

The Seed should not have triggered ... the high was not broken by a full 1 pip in the next 2 candles and the 3rd closed below the seeds low. May be you h ave a different feed. The Seed would need a proper Setup 1 on m15 for it to be a correct Seed... it was not that on this occassion. But aside from that, the AO was too big the gator was turning around with Divergence on the AO... all sorts of negatives there. But here is an interesting this. you h ad a good run, so "positivity" would be the natural response for you. and you took some seeds (before FO) last week and they worked "so you had to take this too"