Darren's New Journal

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immy
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Re: Darren's New Journal

Unread post by immy »

SWITCH TO H1 DARREN .... SWITCH TO IT
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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Darren
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Re: Darren's New Journal

Unread post by Darren »

Possibly. I shall see how this batch goes.
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Darren
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Re: Darren's New Journal

Unread post by Darren »

Trade Number: B1-T6
2. Date: 15/3
3. Symbol/TF: US30 M1
4. Signal Type / Direction : Sell seed
5. Comments and Feelings at the Time of Taking The Trade: I was waiting for the break of the M5 level. It happened and then a seed followed with I took. I was reasonably confident in the trade as there was space to the next level. Didn't work out. 
2022-03-15_16-55-11.png
 
 
6.Post Trade Questions: 
a) Looking at M5 in hindsight the trend was up. Maybe it wasn't the best trade but I think it was valid. 

7. DS For this Trade: 1
8. DS Running Total: 5 / 6 (83% )
 
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Darren
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Re: Darren's New Journal

Unread post by Darren »

Trade Number: B1-T7
2. Date: 16/3
3. Symbol/TF: Nas M1
4. Signal Type / Direction : Buy 3
5. Comments and Feelings at the Time of Taking The Trade: Large move, maybe extended but a signal showed so I took it. No follow through. Bummer!
2022-03-16_14-28-16.png
 
 
6.Post Trade Questions: 
a) It was extended but looked hopeful. Another loser.

7. DS For this Trade: 1
8. DS Running Total: 6 / 7 (85% )
 
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Darren
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Re: Darren's New Journal

Unread post by Darren »

Trade Number: B1-T8
2. Date: 25/3
3. Symbol/TF: US30 M1
4. Signal Type / Direction : Buy 2
5. Comments and Feelings at the Time of Taking The Trade: There was a trading range at the open which broke. It was a nice setup but I was still worried as I have had a few losers lately. 
2022-03-25_14-31-06.png
 
6.Post Trade Questions:
a) Moved nicely to BE then onwards to 3R. It was a nice feeling!

7. DS For this Trade: 1
8. DS Running Total: 7 / 8 (88% )
 
 
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immy
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Re: Darren's New Journal

Unread post by immy »

Darren wrote: 25 Mar 2022, 14:37 Trade Number: B1-T8
2. Date: 25/3
3. Symbol/TF: US30 M1
4. Signal Type / Direction : Buy 2
5. Comments and Feelings at the Time of Taking The Trade: There was a trading range at the open which broke. It was a nice setup but I was still worried as I have had a few losers lately. 2022-03-25_14-31-06.png
 
6.Post Trade Questions:
a) Moved nicely to BE then onwards to 3R. It was a nice feeling!

7. DS For this Trade: 1
8. DS Running Total: 7 / 8 (88% )
 
 

 
Well done Darren, that is the trade... 

Now compare this to the trade on the 16th. as you are exiting this trade, you'd be entering the other.  ;)
 
 
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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Darren
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Re: Darren's New Journal

Unread post by Darren »

Yes, I notice that as soon as I posted the chart. Good lesson learned there!
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Darren
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Re: Darren's New Journal

Unread post by Darren »

Trade Number: B1-T9
2. Date: 04/4
3. Symbol/TF: Dax M1
4. Signal Type / Direction : Buy seed
5. Comments and Feelings at the Time of Taking The Trade: There was a break after the open then a trading range which broke. It was a nice setup. A break and then a pause just outside the range, but I was still worried as I wanted another winner! 
2022-04-04_10-12-26.png
 6.Post Trade Questions:
a) Moved quickly to BE then onwards to 3R. 
7. DS For this Trade: 1
8. DS Running Total: 8 / 9 (89% )
 
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Darren
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Re: Darren's New Journal

Unread post by Darren »

Trade Number: B1-T10
2. Date: 04/4
3. Symbol/TF: Dow M1
4. Signal Type / Direction : Buy seed
5. Comments and Feelings at the Time of Taking The Trade: There was a break of the TR. It was a nice setup. A break and then a pause just outside the range. Thought it was going to go well but it reversed hard. 
2022-04-26_15-13-03.png
 

6.Post Trade Questions:
a) Didn't really get into profit. 
7. DS For this Trade: 0
8. DS Running Total: 8 / 10 (80% )

EDIT:
After a chat with Immy he pointed out that it had moved a lot before I took the trade and there was 11 trend candles. It wasn't something that I should have entered so I have changed it to DSO.
 
 
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immy
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Re: Darren's New Journal

Unread post by immy »

Darren wrote: 26 Apr 2022, 15:21 Trade Number: B1-T10
2. Date: 04/4
3. Symbol/TF: Dow M1
4. Signal Type / Direction : Buy seed
5. Comments and Feelings at the Time of Taking The Trade: There was a break of the TR. It was a nice setup. A break and then a pause just outside the range. Thought it was going to go well but it reversed hard. 2022-04-26_15-13-03.png
 

6.Post Trade Questions:
a) Didn't really get into profit. 
7. DS For this Trade: 0
8. DS Running Total: 8 / 10 (80% )

EDIT:
After a chat with Immy he pointed out that it had moved a lot before I took the trade and there was 11 trend candles. It wasn't something that I should have entered so I have changed it to DSO.
 
 

 
It was NOT a break of the TR... This HIGH only then Made it into a TR. A TR must have 2 equal highs and 2 equal lows and it must to TIGHT range not Tall or WIDE. 
 
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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