NAS NEO05.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
RED USD NEWS 3PM
B) Have you identified and plotted the relevant range levels?
Daily is in an uptrend, it pulled back, and is now long again. There is a swing level of daily I have marked for awareness.
H1 was in a micro range, then pushed down and the hour prior to NEO was a bearish trend candle.
M5 had a nice move down, it is now in range. So need a break of that low first for shorts.
TRADE / SESSION SUMMARY:
Undecided open. I lost track of time and traded at news.
Did you trade the plan?
Yes, in my TP I allow 2l pb. My understanding was this extract from my TP from the beginning of this journey:
Pull backs, we have two types. Simple, and complex, complex can also be known as two legged.
"Two Legged Pullback Clarity These can be taken in 2 ways. 1, taking a signal entry2, taking the confirmation candle which would not have a signal It is personal choice."
Did the charts look and feel clear to you during this session? Yes
Questions arising from this session? No
How did you feel?
I could feel the emotion of wanting to get to break even again on this trade. I realised once I was it that it was news time.
I was a little distracted by my H1 trade TP area, I have to keep them separate. Thinking maybe 2 accounts, one for m1 one for h1. Keep them totally separate. Different broker windows, only m1 to be open when trading m1.
POSITIVE THOUGHTS ETC
I took a trade because I saw it as valid, I did not have the urge to take anything. I am slowly killing this need to take trade feeling to justify my time. This is progress.
DS Running Total: 7/14
Tom's T20 Journal
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tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
DAX LO06.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No
B) Have you identified and plotted the relevant range levels?
Daily is in a sideways move.
H1 is in a tall trading range, at the low of the range. There is room to trade up to the top of the h1 range. The morning so far is bullish.
M5 is in an up trend for FO. M5 has had 3 pull backs since the h1 range lows in this move.
M1 needs a range to form.
TRADE / SESSION SUMMARY:
I kept in line with market cycle. This is where my time is spent well. This is what I need to practice religiously.
Did you trade the plan? Yes
Did the charts look and feel clear to you during this session? Trade 15 - yes, the signal candle was a bit big. It was a retest of the highs after the breakout. It was still LOBOT. At my stage this is DS1, once in, I have to stay in. That is how it is. I’m ok with that.
Questions arising from this session? No
How did you feel? I did not feel stressed here, my only ‘concern’ was the size of the signal candle. With spread accounted for, my position was 22.4pips. However, the outcome is random....
I missed a trade at the end. I saw it setting up. Why did I lose focus at the vital second…? doh. Next…
POSITIVE THOUGHTS ETC
I did not have that fear feeling running through me during the trade. I did not feel the need to get to BE either which I usually do.
I didn’t have the URGE to take a trade, again, this has been a good feeling and I have felt in control of this for several consecutive sessions now :)The second half of this batch is polar opposite to the first half, so far.... the feeling is DIFFERENT. This way feels RIGHT, controlled and methodical.
Something was mentioned in discord this morning about funded accounts…. today is the first day since december when this all started again for me that I have seriously considered it…. I have 5 trades left of my M1 t100 challenge. I have a decision to make soon I feel
DS Running Total: 8/15
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No
B) Have you identified and plotted the relevant range levels?
Daily is in a sideways move.
H1 is in a tall trading range, at the low of the range. There is room to trade up to the top of the h1 range. The morning so far is bullish.
M5 is in an up trend for FO. M5 has had 3 pull backs since the h1 range lows in this move.
M1 needs a range to form.
TRADE / SESSION SUMMARY:
I kept in line with market cycle. This is where my time is spent well. This is what I need to practice religiously.
Did you trade the plan? Yes
Did the charts look and feel clear to you during this session? Trade 15 - yes, the signal candle was a bit big. It was a retest of the highs after the breakout. It was still LOBOT. At my stage this is DS1, once in, I have to stay in. That is how it is. I’m ok with that.
Questions arising from this session? No
How did you feel? I did not feel stressed here, my only ‘concern’ was the size of the signal candle. With spread accounted for, my position was 22.4pips. However, the outcome is random....
I missed a trade at the end. I saw it setting up. Why did I lose focus at the vital second…? doh. Next…
POSITIVE THOUGHTS ETC
I did not have that fear feeling running through me during the trade. I did not feel the need to get to BE either which I usually do.
I didn’t have the URGE to take a trade, again, this has been a good feeling and I have felt in control of this for several consecutive sessions now :)The second half of this batch is polar opposite to the first half, so far.... the feeling is DIFFERENT. This way feels RIGHT, controlled and methodical.
Something was mentioned in discord this morning about funded accounts…. today is the first day since december when this all started again for me that I have seriously considered it…. I have 5 trades left of my M1 t100 challenge. I have a decision to make soon I feel
DS Running Total: 8/15You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
NAS NEO
06.04.22
Pre Session Questions:
Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels? Yes
Daily chart last week was very bullish, now, it is bearish, this is either a complex pullback on the daily taking a few days to complete or it is the start of a reversal bearish. Yesterday was a strong bearish trend candle, and today’s daily candle so far is very bearish.
H1 has crashed this morning, it is climatic and the last hourly candle was bullish (seed), are we seeing a pullback on the hourly chart indicating long setups may be forming? I am not trading it on h1, but, I am aware of it’s position.
M5 has the bearish bias, but, it is now in a trading range. This is idealllll for shorts.
M1 shall be observed as there is likely to be a breakout from the m5 range. My conclusion pre-market is, it can go anywhere! People will see and want it to go long, others short. Do I need to know? Nope, I just need to trade my setup objectively.
TRADE / SESSION SUMMARY:
I kept in line with market cycle pre-market. When I do this, I feel more ready for when the bell rings. It helps me visualise. It is helping. I feel productive when I do this process, so I will keep doing it.
Did you trade the plan? Yes
Did the charts look and feel clear to you during this session? Yes
Questions arising from this session? No
How did you feel?
Absolutely fine and chilled. I felt focused when I needed to be, and relaxed when I did not need to be sharp. Zero fomo, remained objective.
POSITIVE THOUGHTS ETC
No urge to trade… again. I feel my discipline improving again, Sticking to 1hr max 1hr 30 session time is helping... 2hrs is quite a lot, plus the prep time and journaling time it is a 3hour round trip. shorter sessions for me at the moment are good.
I appreciate the bad times, they are great lessons. They are hard at the time, but, I always come through it. Early identification of problems, issues and errors = quicker recovery from them.
This journal massively helps to offload my thoughts. Anyone reading this who is not keeping up to their journal.... do it!! it is not easy, but I have found routine with it and that is all it needs.
DS Running Total: 8/15
06.04.22
Pre Session Questions:
Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels? Yes
Daily chart last week was very bullish, now, it is bearish, this is either a complex pullback on the daily taking a few days to complete or it is the start of a reversal bearish. Yesterday was a strong bearish trend candle, and today’s daily candle so far is very bearish.
H1 has crashed this morning, it is climatic and the last hourly candle was bullish (seed), are we seeing a pullback on the hourly chart indicating long setups may be forming? I am not trading it on h1, but, I am aware of it’s position.
M5 has the bearish bias, but, it is now in a trading range. This is idealllll for shorts.
M1 shall be observed as there is likely to be a breakout from the m5 range. My conclusion pre-market is, it can go anywhere! People will see and want it to go long, others short. Do I need to know? Nope, I just need to trade my setup objectively.
TRADE / SESSION SUMMARY:
I kept in line with market cycle pre-market. When I do this, I feel more ready for when the bell rings. It helps me visualise. It is helping. I feel productive when I do this process, so I will keep doing it.
Did you trade the plan? Yes
Did the charts look and feel clear to you during this session? Yes
Questions arising from this session? No
How did you feel?
Absolutely fine and chilled. I felt focused when I needed to be, and relaxed when I did not need to be sharp. Zero fomo, remained objective.
POSITIVE THOUGHTS ETC
No urge to trade… again.
I feel my discipline improving again, Sticking to 1hr max 1hr 30 session time is helping... 2hrs is quite a lot, plus the prep time and journaling time it is a 3hour round trip. shorter sessions for me at the moment are good.I appreciate the bad times, they are great lessons. They are hard at the time, but, I always come through it. Early identification of problems, issues and errors = quicker recovery from them.
This journal massively helps to offload my thoughts. Anyone reading this who is not keeping up to their journal.... do it!! it is not easy, but I have found routine with it and that is all it needs.
DS Running Total: 8/15
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
DAX LO
07.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels?
Daily chart yesterday was bearish breaking the lows of the sideways move on daily.
4h/1h chart was a lovely break and retest, but is failing, now sitting on the retest level. Can conlude h1 is now in a tall range.
M5 is very bullish but a little extended now. M5 starts pulling back and gives it’s second bannana signal.
I see price at a significant level of awareness on the HTF.
TRADE / SESSION SUMMARY:
I tried my very best to remain objective today and plot market cycle. Turns out, I got it wrong today. There are things i have identified pre-session that i just ignored. like, i wrote, m5 is very bullish and a little extended now... that is useful information... and what drives decisive actions, information....
Did you trade the plan?
50/50. I remained objective, however, my analysis was not on point. I have DS0 my second trade because of the 2 candle been bullish, so rule 4. however, in relation to the overall impulse move I did not see it as pulling back too deep. But, price action should have been the warning sign, had the 2 candle been 2 separate candles pulling back slower, this would have been lovely and clean.
Did the charts look and feel clear to you during this session? No
Questions arising from this session?
No - but I think, once I have a range, and price creeps out, then messes about, rather than making my analysis to be a taller range (new high say) I have to review… is it still a range, or has the new high caused a channel to form? THAT is the thing I need to start looking at more.
How did you feel?
Tired when I woke up this morning, not as much sleep as normal, but is no excuse.
The losses don’t bother me as much as the miss reads. The losses are justified. So have to accept them.
POSITIVE THOUGHTS ETC
My acceptance of today’s events have not consumed me. I’ve already accepted it, previous days this would have bugged me all day.
I am walking away having taken 2r loss, my session drawdown. so that is a bit of discipline i can cling on to this morning.
Today was a learning day, I paid a little bit of money for a lesson and that is all it is.
DS Running Total: 8/17
07.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels?
Daily chart yesterday was bearish breaking the lows of the sideways move on daily.
4h/1h chart was a lovely break and retest, but is failing, now sitting on the retest level. Can conlude h1 is now in a tall range.
M5 is very bullish but a little extended now. M5 starts pulling back and gives it’s second bannana signal.
I see price at a significant level of awareness on the HTF.
TRADE / SESSION SUMMARY:
I tried my very best to remain objective today and plot market cycle. Turns out, I got it wrong today. There are things i have identified pre-session that i just ignored. like, i wrote, m5 is very bullish and a little extended now... that is useful information... and what drives decisive actions, information....
Did you trade the plan?
50/50. I remained objective, however, my analysis was not on point. I have DS0 my second trade because of the 2 candle been bullish, so rule 4. however, in relation to the overall impulse move I did not see it as pulling back too deep. But, price action should have been the warning sign, had the 2 candle been 2 separate candles pulling back slower, this would have been lovely and clean.
Did the charts look and feel clear to you during this session? No
Questions arising from this session?
No - but I think, once I have a range, and price creeps out, then messes about, rather than making my analysis to be a taller range (new high say) I have to review… is it still a range, or has the new high caused a channel to form? THAT is the thing I need to start looking at more.
How did you feel?
Tired when I woke up this morning, not as much sleep as normal, but is no excuse.
The losses don’t bother me as much as the miss reads. The losses are justified. So have to accept them.
POSITIVE THOUGHTS ETC
My acceptance of today’s events have not consumed me. I’ve already accepted it, previous days this would have bugged me all day.
I am walking away having taken 2r loss, my session drawdown. so that is a bit of discipline i can cling on to this morning.
Today was a learning day, I paid a little bit of money for a lesson and that is all it is.
DS Running Total: 8/17
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
NAS NEO07.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels?
Daily chart yesterday was bearish with a little wick at the end. Price today is yet to break that low. This puts H1 in a tall trading range.
The last H1 candle was a beautiful bearish candle. M5 looks extended now, and is in a second pull back. With the pull back move starting to look impulsive. Although very bearish, I see m5 in a wide channel. Trying to plot this cycle on m1 it appears there has been impulse moves, mini bearish channels, into a range, another impulse move, pull backs, impulse moves, ranges... but on M5, it simply looks like a downtrend bearish channel to me?
TRADE / SESSION SUMMARY:
Messy. Nothing for me today, I am cool with that. I don’t have to sit and force something. identified it and walked away.
Did you trade the plan?
Yes, I was objective, I did not play with feathers
Did the charts look and feel clear to you during this session?
Yes although they were messy charts
Questions arising from this session? No
How did you feel?
When I sat down to trade I felt RESET. This morning did NOT bleed into this afternoon. this is the feeling of NEXT.
POSITIVE THOUGHTS ETC
I remained objective.
I walked away when there was clearly nothing for me to plan ahead and wait for, not within the next 20-30mins of the 1hr neo session anyway. If it does setup now and i'm not there, hey ho.
I discussed my trading with my wife; as it also impacts her with time I spend studying journaling and trading. I Was open about my draw down recently, etc etc, she has the ticket to ask me anything about my trading at any time, to see my results etc... not that she does, and she doesn't understand it but she has the full openness to see what is going on... accountability and transparency I discussed funded accounts in the future, she is fully supportive; when it is right for me.
DS Running Total: 8/17
Back to the day job now. I will return next week
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels?
Daily chart yesterday was bearish with a little wick at the end. Price today is yet to break that low. This puts H1 in a tall trading range.
The last H1 candle was a beautiful bearish candle. M5 looks extended now, and is in a second pull back. With the pull back move starting to look impulsive. Although very bearish, I see m5 in a wide channel. Trying to plot this cycle on m1 it appears there has been impulse moves, mini bearish channels, into a range, another impulse move, pull backs, impulse moves, ranges... but on M5, it simply looks like a downtrend bearish channel to me?
TRADE / SESSION SUMMARY:
Messy. Nothing for me today, I am cool with that. I don’t have to sit and force something. identified it and walked away.
Did you trade the plan?
Yes, I was objective, I did not play with feathers
Did the charts look and feel clear to you during this session?
Yes although they were messy charts
Questions arising from this session? No
How did you feel?
When I sat down to trade I felt RESET. This morning did NOT bleed into this afternoon.
this is the feeling of NEXT. POSITIVE THOUGHTS ETC
I remained objective.
I walked away when there was clearly nothing for me to plan ahead and wait for, not within the next 20-30mins of the 1hr neo session anyway. If it does setup now and i'm not there, hey ho.
I discussed my trading with my wife; as it also impacts her with time I spend studying journaling and trading. I Was open about my draw down recently, etc etc, she has the ticket to ask me anything about my trading at any time, to see my results etc... not that she does, and she doesn't understand it but she has the full openness to see what is going on... accountability and transparency
I discussed funded accounts in the future, she is fully supportive; when it is right for me. DS Running Total: 8/17
Back to the day job now. I will return next week
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
NAS NEO11.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels? Yes
Daily chart is bearish in it’s tall range. But momentum is short on the daily.
H1 is bearish but losing momentum in it’s cycle. It is starting to become a bearish channel having broke it’s range low at the start of the day.
M5 is now going into a range. Any long setups at the open will be counter htf trend.
TRADE / SESSION SUMMARY:
Messy indecision chart. I am no longer scared of these types of markets. At least today I was not feeling any fear.
Did you trade the plan? Yes,
I was objective. I planned, I plotted market cycle.
Did the charts look and feel clear to you during this session?
Yes my interpretation felt clear today. I feel like I am starting to really know what I need to wait for now for my setup.
Questions arising from this session? No
How did you feel?
I felt objective today. I felt patient. I felt in tune. Top down analysis is helping. I stayed a few more minutes later than 1hr but it was potentially forming and I felt I had the concentration to stay so I did.
POSITIVE THOUGHTS ETC
I remained objective.
I did not feel the need or urge to take a trade simply because I am sat here. I am slowly overcoming this.
I paid attention to price action, and really tried to understand what it was telling me, and what relevance the price action had within the range or breakout or levels.
DS Running Total: 8/17
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels? Yes
Daily chart is bearish in it’s tall range. But momentum is short on the daily.
H1 is bearish but losing momentum in it’s cycle. It is starting to become a bearish channel having broke it’s range low at the start of the day.
M5 is now going into a range. Any long setups at the open will be counter htf trend.
TRADE / SESSION SUMMARY:
Messy indecision chart. I am no longer scared of these types of markets. At least today I was not feeling any fear.
Did you trade the plan? Yes,
I was objective. I planned, I plotted market cycle.
Did the charts look and feel clear to you during this session?
Yes my interpretation felt clear today. I feel like I am starting to really know what I need to wait for now for my setup.
Questions arising from this session? No
How did you feel?
I felt objective today. I felt patient. I felt in tune. Top down analysis is helping. I stayed a few more minutes later than 1hr but it was potentially forming and I felt I had the concentration to stay so I did.
POSITIVE THOUGHTS ETC
I remained objective.
I did not feel the need or urge to take a trade simply because I am sat here. I am slowly overcoming this
. I paid attention to price action, and really tried to understand what it was telling me, and what relevance the price action had within the range or breakout or levels.
DS Running Total: 8/17
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
NAS NEO12.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news - it has just happened at 13:30
B) Have you identified and plotted the relevant range levels? Yes
Daily is still in it’s tall range, bearish move but today is bullish. Could be a pull back starting on daily.
H1 has ranged, broken the range yesterday and dropped in a bearish channel. Today, it has broke. The last 1hr candle was a huge bullish candle. So at the mo, price is climatic. Need a reset on m5/m1.
TRADE / SESSION SUMMARY:
Big moves. Was not as clear as previous sessions. I can see why the short signals would have been taken. M5 was rubber banding, so likely to push short after the huge up.
Then price made a micro range on m1, with an impulse move up. A little pull back on the s/r level from the m5 swing. I had no signal unfortunately. That was the first pb. I took the 2nd pb.
One could argue it was far from the beginning of the original move so climatic in that sense, but, objectively:
Was there a range? Yes micro range on m1
Was there an impulse move? Yes, both 1st and 2nd pull backs had an impulse move.
Is price climatic? From the start of the move, a little bit, but price stayed with ema’s which were not steep vertical and nicely apart.
Was there a pull back, 1st or second? Yes, 2nd, this was not impulsive.
Room to trade to the next level? Yes, to the peak of w3 on m5 chart.
So objectively, this is ds1. HOWEVER, best to take the first pb before the second. Is my only criticism here.
Did you trade the plan? Yes
Did the charts look and feel clear to you during this session?
They did, but it was a bit harder focus today.
Questions arising from this session? No
How did you feel?
I wanted price to get to BE again, I had that feeling. Is that because I had a bit of fomo by not getting a signal on the first pb so I was chasing it????
I also had the feeling of wanting a little bit more flexibility in my trading again today. Ie, not just 1 market.
A little bit tired after night shift last night.
POSITIVE THOUGHTS ETC
I have just noticed my last 8 trades have been 6 losses and 2 BE’s. But, I am not thinking of that before I pull the trigger. I am really trying to remain objective.
DS Running Total: 9/18
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
No red news - it has just happened at 13:30
B) Have you identified and plotted the relevant range levels? Yes
Daily is still in it’s tall range, bearish move but today is bullish. Could be a pull back starting on daily.
H1 has ranged, broken the range yesterday and dropped in a bearish channel. Today, it has broke. The last 1hr candle was a huge bullish candle. So at the mo, price is climatic. Need a reset on m5/m1.
TRADE / SESSION SUMMARY:
Big moves. Was not as clear as previous sessions. I can see why the short signals would have been taken. M5 was rubber banding, so likely to push short after the huge up.
Then price made a micro range on m1, with an impulse move up. A little pull back on the s/r level from the m5 swing. I had no signal unfortunately. That was the first pb. I took the 2nd pb.
One could argue it was far from the beginning of the original move so climatic in that sense, but, objectively:
Was there a range? Yes micro range on m1
Was there an impulse move? Yes, both 1st and 2nd pull backs had an impulse move.
Is price climatic? From the start of the move, a little bit, but price stayed with ema’s which were not steep vertical and nicely apart.
Was there a pull back, 1st or second? Yes, 2nd, this was not impulsive.
Room to trade to the next level? Yes, to the peak of w3 on m5 chart.
So objectively, this is ds1. HOWEVER, best to take the first pb before the second. Is my only criticism here.
Did you trade the plan? Yes
Did the charts look and feel clear to you during this session?
They did, but it was a bit harder focus today.
Questions arising from this session? No
How did you feel?
I wanted price to get to BE again, I had that feeling. Is that because I had a bit of fomo by not getting a signal on the first pb so I was chasing it????
I also had the feeling of wanting a little bit more flexibility in my trading again today. Ie, not just 1 market.
A little bit tired after night shift last night.
POSITIVE THOUGHTS ETC
I have just noticed my last 8 trades have been 6 losses and 2 BE’s. But, I am not thinking of that before I pull the trigger. I am really trying to remain objective.
DS Running Total: 9/18
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
DAX LO13.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? No - woke up a bit late. Have not read my rules, but will when there is a lull. Have done this now soon after the open.
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels? Yes
Daily is losing momentum short. Yesterday was a doji style candle. EMAs are open downside.
H1 I am seeing in a really tall range. Yesterday was a break of a h1 range low, but did not really take off, it is now back inside the overall H1 range with a new lower range low.
M5 was in a tight range, it broke long this morning, then crashed short during FO.
Need a full reset on m1 before I am interested.
TRADE / SESSION SUMMARY:
As I say, slept through my alarm this morning. However, ensured NOTHING happened with the trigger finger until my top down analysis was completed.
For some reason my screenshot function is not working this morning so I can’t do my story of market cycle.
Did you trade the plan? Yes
Did the charts look and feel clear to you during this session? Yes
Questions arising from this session? No
How did you feel?
Still tired from the day job. Shook the tiredness off pretty quick, got in the ‘zone’ of knowing what is my setup, and is it setting up for me in this session? It appeared not.
I had everything set out how I wanted it and I knew it was just a waiting game. So much so, I did something else. Was not sucked in today.
POSITIVE THOUGHTS ETC
Did not have the urge to trade, did not get sucked in. Market cycle was good today. I feel I am knowing when I need to pay attention more, and when I just need a quick glance at the screen to ‘check in.’ I am not feeling the need to sit and stare anymore. This must be something to do with knowing what is my setup in a deeper meaning, my patience is improving.
I had a couple of POs set at the end of the session. They were not triggered, the pullback became impulsive rule 4 so I am out of here. No point sat around now. I’m learning to know when the potential opportunity has gone.
I was reading discord group and saw minsk asking some questions and putting some comments in there I saw myself in minsks shoes 3 months ago. It was a nice reminder of actually how far I have come, I have started this morning doing a little analysis of myself as I am almost at the end of my t100. No disrespect to minsk here! In fact the opposite, It was good to see the enthusiasm and willingness to learn shining through.
Chatting Sh!t to myself in my journal helps offload my brain lol
(hopefully will get screenshots to work later and will post them retrospectivley, if not will see emma's journal as she had same POs cancelled)
edit... it is now working.
Pre Session Questions: Have you done your pre-session routine and read the rules? No - woke up a bit late. Have not read my rules, but will when there is a lull. Have done this now soon after the open.
A)Is there any red news to be aware of?
No red news
B) Have you identified and plotted the relevant range levels? Yes
Daily is losing momentum short. Yesterday was a doji style candle. EMAs are open downside.
H1 I am seeing in a really tall range. Yesterday was a break of a h1 range low, but did not really take off, it is now back inside the overall H1 range with a new lower range low.
M5 was in a tight range, it broke long this morning, then crashed short during FO.
Need a full reset on m1 before I am interested.
TRADE / SESSION SUMMARY:
As I say, slept through my alarm this morning. However, ensured NOTHING happened with the trigger finger until my top down analysis was completed.
For some reason my screenshot function is not working this morning so I can’t do my story of market cycle.
Did you trade the plan? Yes
Did the charts look and feel clear to you during this session? Yes
Questions arising from this session? No
How did you feel?
Still tired from the day job. Shook the tiredness off pretty quick, got in the ‘zone’ of knowing what is my setup, and is it setting up for me in this session? It appeared not.
I had everything set out how I wanted it and I knew it was just a waiting game. So much so, I did something else. Was not sucked in today.
POSITIVE THOUGHTS ETC
Did not have the urge to trade, did not get sucked in. Market cycle was good today. I feel I am knowing when I need to pay attention more, and when I just need a quick glance at the screen to ‘check in.’ I am not feeling the need to sit and stare anymore. This must be something to do with knowing what is my setup in a deeper meaning, my patience is improving.
I had a couple of POs set at the end of the session. They were not triggered, the pullback became impulsive rule 4 so I am out of here. No point sat around now. I’m learning to know when the potential opportunity has gone.
I was reading discord group and saw minsk asking some questions and putting some comments in there
I saw myself in minsks shoes 3 months ago. It was a nice reminder of actually how far I have come, I have started this morning doing a little analysis of myself as I am almost at the end of my t100. No disrespect to minsk here! In fact the opposite, It was good to see the enthusiasm and willingness to learn shining through. Chatting Sh!t to myself in my journal helps offload my brain lol
(hopefully will get screenshots to work later and will post them retrospectivley, if not will see emma's journal as she had same POs cancelled)
edit... it is now working.
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom's T20 Journal
NAS NEO13.04.22
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
15:00 CAD red news - alarm set on phone for 14:50. As last week I totally forgot and traded at 1500 at red news!
B) Have you identified and plotted the relevant range levels? Yes
Daily is still in the tall range but has downside momentum. The daily candle yesterday was a bearish hammer. Today, it is a smaller version, only 200 pips range today. Plenty of room down to the daily swing low.
H1 is in a range, there has been a double bottom, heading possibly for a tripple bottom now. We are near the lows of the tall H1 range. So that H1 low is key today. There would be room to trade long in the H1 range.
M5 had a bullish channel overnight, into a tall TR this morning, a failed breakout short, back into the TTR, then a strong bearish breakout of the m5 channel. 2 re-tests of the m5 S/R. Now it is short heading towards the daily lows for possible support.
TRADE / SESSION SUMMARY:
A good learning session again today. I missed a trade out of fear. Trying to be objective, trying to look at the quality of the pull back as this was mentioned last week. But, the reality is this was fear. Thanks for the video immy. I note your comments about the analysis.
When I review my journal, I got better results when I was a little more ‘care free.’
Did you trade the plan?
No then Yes
Trade 19 was DS1, but was a bit extended on the m5 chart really.
Did the charts look and feel clear to you during this session? I have to say they did but it was my emotions that were not razor sharp today.
I could see Questions arising from this session?
No - just learning points
How did you feel?
I actually felt good this afternoon. I am not heartened I missed a trade. As I said in discord, I can live with it. But, grateful for the video that came out of that!
I am feeling a bit like when I traded more than one chart, I just ‘took’ the signals better.
POSITIVE THOUGHTS ETC
I have identified that I cannot spin multiple plates all of the time. When I am focused on one thing, something else drops off FOR NOW, so I know I am not yet at the next level, and that is ok because I am still learning.
DS Running Total: 10/19
Pre Session Questions: Have you done your pre-session routine and read the rules? Yes
A)Is there any red news to be aware of?
15:00 CAD red news - alarm set on phone for 14:50. As last week I totally forgot and traded at 1500 at red news!
B) Have you identified and plotted the relevant range levels? Yes
Daily is still in the tall range but has downside momentum. The daily candle yesterday was a bearish hammer. Today, it is a smaller version, only 200 pips range today. Plenty of room down to the daily swing low.
H1 is in a range, there has been a double bottom, heading possibly for a tripple bottom now. We are near the lows of the tall H1 range. So that H1 low is key today. There would be room to trade long in the H1 range.
M5 had a bullish channel overnight, into a tall TR this morning, a failed breakout short, back into the TTR, then a strong bearish breakout of the m5 channel. 2 re-tests of the m5 S/R. Now it is short heading towards the daily lows for possible support.
TRADE / SESSION SUMMARY:
A good learning session again today. I missed a trade out of fear. Trying to be objective, trying to look at the quality of the pull back as this was mentioned last week. But, the reality is this was fear. Thanks for the video immy. I note your comments about the analysis.
When I review my journal, I got better results when I was a little more ‘care free.’
Did you trade the plan?
No then Yes
Trade 19 was DS1, but was a bit extended on the m5 chart really.
Did the charts look and feel clear to you during this session? I have to say they did but it was my emotions that were not razor sharp today.
I could see Questions arising from this session?
No - just learning points
How did you feel?
I actually felt good this afternoon. I am not heartened I missed a trade. As I said in discord, I can live with it. But, grateful for the video that came out of that!
I am feeling a bit like when I traded more than one chart, I just ‘took’ the signals better.
POSITIVE THOUGHTS ETC
I have identified that I cannot spin multiple plates all of the time. When I am focused on one thing, something else drops off FOR NOW, so I know I am not yet at the next level, and that is ok because I am still learning.
DS Running Total: 10/19
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals