Smashin's Journey

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Smashin
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Joined: 14 Aug 2011, 20:30
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Re: Smashin's Journey

Unread post by Smashin »

B1-T7

2020-06-01

Usd / Cad - M1

S1 / Short



My comments and feelings at the time of the trade:
I noticed price was hovering above a Support Level (Yellow Line) so I let it do it's range while waiting for a setup. eWaves remained close to ZL so it was a no brainer.

My comments after exiting the trade:
I honestly cannot tell you what my TP was based upon as I've slept at least one day since then.

DS: 1
DS Running Total: 5/7


B1T7_2020-06-01_usdcad_M1_S1_3closed.png
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Smashin
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Re: Smashin's Journey

Unread post by Smashin »

B1-T8

2020-06-04

Usd / Cad - H1

S1 / Short



My comments and feelings at the time of the trade:
I set the PO earlier in the evening. Went to bed. No nightmares.

My comments after exiting the trade:
Woke up. Saw that I had paid some bills. I felt great. I'm not usually that productive while unconscious.
NEXT...

DS: 1
DS Running Total: 6/8


B1T8_2020-06-04_usdcad_H1_S1_3closed (rent).png
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Smashin
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Re: Smashin's Journey

Unread post by Smashin »

B1-T9

2020-06-04

Usd / Cad - H1

S1 / Short



My comments and feelings at the time of the trade:
Earlier in the day I placed my first PO below the lowest low. Before bed I decided to check up on the setup and saw that another box formed with a better position. I set my order there too. I was conflicted if I should keep or delete my original PO. After much internal debate I came to the conclusion that if it breaks the lows there is a good chance it will keep going in my favor, so sure, let's keep the original as an Add-On.

My comments after exiting the trade:
I honestly do not know why my trades closed out like they did. I'm not the most proficient with Snorm's ATM at-the-moment ( :D ) but I think the first one hit a default Max TP and the second triggered a BE point which I probably moved up a few pips in my favor just so I'd have something to show for it. Either way, I'm happy with the results.

DS: 1
DS Running Total: 7/9


B1T9_2020-06-04_usdcad_H1_S1_1PO.png
B1T9_2020-06-04_usdcad_H1_S1_2open.png
B1T9_2020-06-04_usdcad_H1_S1_3closed.png
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Smashin
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Re: Smashin's Journey

Unread post by Smashin »

B1-T10

2020-06-04

Usd / Jpy - H1

S1 / Long



My comments and feelings at the time of the trade:
The box was big but with proportionally such a small position I could easily monitor the trade and look for reasons to exit early if I needed to. But the markets were on the move last week so I had a good feeling about this one, especially since the "picture" was right.

My comments after exiting the trade:
Woke up with pips in my favor. TZ1 was eventually hit. Time to pop open the champagne.
Don't pay any mind it's not even lunchtime yet.

DS: 1
DS Running Total: 8/10


B1T10_2020-06-04_usdjpy_H1_S1_2open.png
B1T10_2020-06-04_usdjpy_H1_S1_3closed.png
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Smashin
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Re: Smashin's Journey

Unread post by Smashin »

B1-T11

2020-06-04

Cad / Jpy - H1

S1 / Long



My comments and feelings at the time of the trade:
I noticed price was hovering above a Support Level (Yellow Line) so I let it do it's range while waiting for a setup. eWaves remained close to ZL so it was a no brainer.

My comments after exiting the trade:
If I had adjusted my PO a few hours later, my position would have been bigger, thus yielding greater gains. But for a trade that did most of the work while I was asleep, I can't complain. A smaller position is probably not a bad idea anyway since there are limits to how I can manage the trade while on my pillow.

About my close - I am happy with my close overall but the thought did cross my mind to close somewhere during the bearish candle that created the peak and was rejected by sell orders. My reasoning was that there wasn't much time left in the day for trading as it was late morning on a Friday. And so if price came back around to try again for my TP, the spread would have been so high that it would have made no difference if I had closed on that candle or waited for price to come back up again.

DS: 1
DS Running Total: 9/11


B1T11_2020-06-04_cadjpy_H1_S1_2open.png
B1T11_2020-06-04_cadjpy_H1_S1_3closed.png
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Smashin
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Re: Smashin's Journey

Unread post by Smashin »

B1-T12

2020-06-08

Gbp / Jpy - M15

S1 / Long



My comments and feelings at the time of the trade:
Per my trading plan I started at H1 and scanned the TF's until I found the picture I was looking for. I happened to find it on this currency pair.

My comments during and after the trade:
I entered the market, watched the trade for a short while to determine my BE point (20 pips) and stepped out for my daily run. The thought at the fore of my mind during this trade was that I need to choose a trading location with a more moderate climate compared to Texas. I came back in time just to see it almost hit my TP (which was just below the peak of W3). BE had already been triggered so I just let it do its thing while I reset my body from my run. When I returned again, it had finally hit BE SL and that ended my session for the night. Perhaps I could have taken half off the table trailing the candles, and then let it played out. But overall I feel good about this trade... and for climate control!

DS: 1
DS Running Total: 10/12


B1T12_2020-06-08_gbpjpy_M15_S1_2open.png
B1T12_2020-06-08_gbpjpy_M15_S1_2open2.png
B1T12_2020-06-08_gbpjpy_M15_S1_3closed.png
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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: Smashin's Journey

Unread post by immy »

Smashin wrote: 08 Jun 2020, 02:26 Fractal Geometry

This is one of my favorite pieces of art...

Obviously, it was not clear to me what the charts were trying to tell me during the previous two trades. But right after I closed my last trade, I finally understood it. I even said out loud, "Price is about to move up!" because I finally realized the geometry.

Have a look at this beauty:


2020-05-18_fractal_geo.png
Oh man... you found the PC pattern... I'#m excited for you... :)
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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immy
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Joined: 22 Nov 2010, 16:46
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Re: Smashin's Journey

Unread post by immy »

Hello Robert

Congratulations on starting your new journal. I wish you success. I hope you stick to your trading plan.

What a beautiful first post. I always admired your ability to write. For a long time, I enjoyed watching your Facebook posts. they were always entertaining, humourous and fun.

I will never forget the evening we spent in the City Centre discussing the "meaning of life" or something like that...

we both believed in two "ideas" that were almost worlds apart but still, we found common ground.

It was the message of love. that's all that was.

Over the years I have changed... I have formed new "beliefs" and shunned the previous ones.

But I still cherish those times. We are who we are because of who we were. The present cannot be with the past.

I urge everyone to READ Roberts New Journal... viewtopic.php?f=3&t=2214

Remember it's all about Discipline... and Patience... Trading is VERY SIMPLE
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Smashin
AIMSter
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Posts: 51
Joined: 14 Aug 2011, 20:30
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Re: Smashin's Journey

Unread post by Smashin »

immy wrote: 08 Jun 2020, 21:23 Hello Robert

Congratulations on starting your new journal. I wish you success. I hope you stick to your trading plan.

What a beautiful first post. I always admired your ability to write. For a long time, I enjoyed watching your Facebook posts. they were always entertaining, humourous and fun.

I will never forget the evening we spent in the City Centre discussing the "meaning of life" or something like that...

we both believed in two "ideas" that were almost worlds apart but still, we found common ground.

It was the message of love. that's all that was.

Over the years I have changed... I have formed new "beliefs" and shunned the previous ones.

But I still cherish those times. We are who we are because of who we were. The present cannot be with the past.

I urge everyone to READ Roberts New Journal... viewtopic.php?f=3&t=2214

Remember it's all about Discipline... and Patience... Trading is VERY SIMPLE
Immy,

Thank you for your words and for the opportunity. For the first time in my life, I actually enjoy the art of trading, yet I still have a long way to go. I'll keep improving my discipline and patience throughout the batches and see where this journey takes me.

And although the present cannot be with the past, I am guilty of taking trips down memory lane from time to time. My time spent in the UK with you and your wonderful family are cherished memories that won't be traded ever, I assure you.

Thanks again for all that you do...

Now let's ALL go make some pips!
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Smashin
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Re: Smashin's Journey

Unread post by Smashin »

B1-T13

2020-06-08

Usd / Chf - M15

S1 / Long



My comments and feelings at the time of the trade:
Entry criteria was valid. At first I was hesitant to leave it overnight but I decided the worst that could happen was that it would hit my SL. Unfortunately after my PO was hit I happen to be watching Immy's analysis of this chart. By then it was too late...

My comments after exiting the trade:
Damn you, Immy. You were right. Spot on with your analysis. :wd
I think going forward trades left overnight will be setups no lower than on H1. M15 is 4X's the amount of new incoming information which can be a lot to manage objectively especially when unconscious.

DS: 1
DS Running Total: 11/13


B1T13_2020-06-08_usdchf_M15_S1_1PO.png
B1T13_2020-06-08_usdchf_M15_S1_3closed.png
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