Vicky's Journals

[immy]

12/03/2020

Batch 5

Trade 02

Eur/Usd H4

Large trigger candle left current box, small pause candle. PO set at bottom of wick. Bounced and out at SL

End result was -1R

R result to date for this batch: +1R

DS score for batch: 01/02

Overall total R score: (all batches) +24.8R

My Feelings and Analysis at the time of entry and afterwards: - Good trigger candle after sideways after initial move short. PO set below to give it room to make sure the trend continued. Taken out at SL.

What could I have done different: As pause candle small, more wiggle room needed.

Hey Vicky

what is this setup?

[vickyp]

Hey Vicky
what is this setup?

I am not sure what I did here, I stuffed up. I was sure there was a red dot but it wasn't there later.
Was a moment of lapse of reason!

Vicky

[immy]

well, how could there have been a red dot, when it's so clearly going against the purple...

[vickyp]

18/03/2020

Batch 5

Trade 03

Gbp/Jpy H4 Seed

Saw the cherry, watched then another seed, another seed smaller candle and red, PO set

End result was +2R

R result to date for this batch: +3R

DS score for batch: 02/03

Overall total R score: (all batches) +26.8R

My Feelings and Analysis at the time of entry and afterwards: - I am not so confident on the cherries yet, but saw the seed, second seed formed and I thought it was worth a go. Worked well. Due to computer issues it took off without me seeing it, otherwise I would have managed it to let it run.

What could I have done different: Happy with this trade, position was very small as haven't done many seeds, next time I will look at a bigger R.

[immy]

While the Stock market dropped by 50% ... you are still up 26R's (possibly more than 26% right?) ... now this is something ...

[vickyp]

Thanks Immy.
After a week of nothing much happening on the higher times frames (H4), some due to working and the boxes being to large. We had a good session yesterday discussing Sam system of M15.
I followed along, a bit late in on EU (due to watching Mark Douglas videos) but caught nearly 1R. The big lesson was when entering correctly watching the waves rather than waiting for dots. A set up 1 on this time frame can produce the patterns and results we need.ie a 2R.

All this being said. The new challenge is M15 for 5 batches. I will do this on the days I am home and can be here for London Open. I will review first thing in the morning as well to see which pairs are close to setting up by LO.
Volitility has increased due to Cov-19.
Three pairs only on M15 these are EU, GU and UJ.

[vickyp]

6/04/2020

Batch 1

Trade 01

Gbp/Usd M15

Checked this morning first thing, saw wave 3 had formed, wave had crossed AO and was looking for S1 entry for W5.

End result was -1R

R result to date for this batch: -1R

DS score for batch: 01/01

Overall total R score: (all batches) +26.8R

My Feelings and Analysis at the time of entry and afterwards: - I saw this one setting up on the weekend, on viewing this morning I saw W3 (red) had completed, the next wave (green) had finished and it had moved back to red. Red dot, PO on. When I came back from work I noticed it had not gone my way. 1R loss.

What could I have done different: On consultation with the forum it is best to do M15 only at LO or FO as there is more activity. I shall not look at M15 in the morning from now on.

[vickyp]

7/04/2020

Batch 1

Trade 02

Usd/Jpy M15

Taken during NYO, W3 complete, wave at ZL and green just starting, waiting for W5.

End result was -1R

R result to date for this batch: -2R

DS score for batch: 02/02

Overall total R score: (all batches) +25.8R

My Feelings and Analysis at the time of entry and afterwards: - Good strong W3 had been, gator together, box little large, but purple correct. PO placed. Next morning showed out at -1R.

What could I have done different: Waited to see if a small box formed in my direction. Being NYO it is late here, and I can't stay up for too long.

[vickyp]

8/04/2020

Batch 1

Trade 03

Eur/Usd M15

Taken this morning when the Asian markets opened. Good W3, gator together, small box.

End result was -1R

R result to date for this batch: -3R

DS score for batch: 03/03

Overall total R score: (all batches) +24.8R

My Feelings and Analysis at the time of entry and afterwards: - Good W3, dark bars to ZL. Small box. PO on. Pretty instant out at -1R

What could I have done different: I am not sure at this point, 3rd loss for this batch.

[vickyp]

Note to self:

At 3 losses this is not a great start to this new batch of M15. However I did learn something this morning.
Immy suggestion - I looked at pairs that are in our time zone that open when I am available to trade.

Tokyo opens around the same time as us. (thanks Jim)

Missed this beauty this morning. But I have worked out the times and will change to Aud/Usd, Aud/Jpy and Usd/Jpy. Lets see what tomorrow morning brings before I head off to work.

Chart attached, big red, then if you wait for the pull back (doji) it would have done at least 2R.