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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
14

EUR/USD Limit Sell (Missed it)

Unread post by immy »

I can't believe I missed this, I got busy with kids today and forgot to set the order. I was waiting for this all day. So now i have a limit sell order. This could be a BIG winner. 
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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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Minsk
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Posts: 498
Joined: 11 Nov 2021, 16:11
3

Re: EUR/USD Limit Sell (Missed it)

Unread post by Minsk »

immy wrote: 09 Jun 2022, 18:29 I can't believe I missed this, I got busy with kids today and forgot to set the order. I was waiting for this all day. So now i have a limit sell order. This could be a BIG winner. 

 
Life gets in the way, then you miss some. 
hope you catch it!
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immy
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Joined: 22 Nov 2010, 16:46
14

B3T10 - EUR/USD Limit Sell (Missed it)

Unread post by immy »

kvr1966 wrote: 09 Jun 2022, 19:32
immy wrote: 09 Jun 2022, 18:29 I can't believe I missed this, I got busy with kids today and forgot to set the order. I was waiting for this all day. So now i have a limit sell order. This could be a BIG winner. 



 
Life gets in the way, then you miss some. 
hope you catch it!


 
thanks for the wish. It has been boring weeks, as the market was consolidating. I think the ECB conference has opened some flood gates. Euros are falling. So far so good. I'm looking for 10K to 15K profit on this one. 
 
 
You do not have the required permissions to view the files attached to this post.
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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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: B3T10 EUR/USD Limit Sell (Missed it)

Unread post by immy »

immy wrote: 09 Jun 2022, 20:34
kvr1966 wrote: 09 Jun 2022, 19:32
immy wrote: 09 Jun 2022, 18:29 I can't believe I missed this, I got busy with kids today and forgot to set the order. I was waiting for this all day. So now i have a limit sell order. This could be a BIG winner. 




 
Life gets in the way, then you miss some. 
hope you catch it!



 
thanks for the wish. It has been boring weeks, as the market was consolidating. I think the ECB conference has opened some flood gates. Euros are falling. So far so good. I'm looking for 10K to 15K profit on this one. 
 


 
went down nicely, then almost hit the SL and now having a go at it again. Looks like another BE coming. NEXT
 
 
You do not have the required permissions to view the files attached to this post.
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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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

NAS100 H4 - 2nd Day play

Unread post by immy »

Here we have a NASDAQ 100 ... a lovely 2nd day play on h1 and a signal on H4. I will ALWAYS take signals like these.... 

they don't always work but when they do... they hit 10R's. 

 
 
You do not have the required permissions to view the files attached to this post.
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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Posts: 9654
Joined: 22 Nov 2010, 16:46
14

B3T11

Unread post by immy »

I took his one YD... I was really hesitant about the breakout but then it did happen and I got in. It looks good now. 

I could have added today but I was already 1% short on EU as well so did not. 


 
You do not have the required permissions to view the files attached to this post.
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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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

B3T6 -

Unread post by immy »

1. Trade Number:
B3T6

2. Pair Name: 
EURUSD

3. Signal Date: 
8 June 2022

4. Signal Chart Time: 
18.00

5. Signal Time Frame: 
H1

6. Signal Type and Number 
Number 2

7. Buy or Sell:  
Buy

8. D1 Trend:  
TR

9. H4 Trend:   
TR

10. H1 Trend: 
Possibly start of Up trend 

11. Post-Trade Comments: (Feelings, Analysis, What could have been differently, lessons)
Comments on Chart
Lesson: Make sure there are no Range candles ... focus on TTTPP TTPP TTP TP type of setups. 
 
You do not have the required permissions to view the files attached to this post.
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

B3T7 and B3T8 and B3T9

Unread post by immy »

1. Trade Number:
B3T7

2. Pair Name: 
USDJPY

3. Signal Date: 
8 June 2022

4. Signal Chart Time: 
18.00

5. Signal Time Frame: 
H1

6. Signal Type and Number 
Seed 3

7. Buy or Sell:  
Buy

8. D1 Trend:  
Up

9. H4 Trend:   
Up

10. H1 Trend: 
Up

11. Post-Trade Comments: (Feelings, Analysis, What could have been differently, lessons)
A normal trade, I kind of knew it was over but took the trade anyway. Could have moved SL to BE but I was asleep. 


 
 
You do not have the required permissions to view the files attached to this post.
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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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Journal Entry - 13 June 2022

Unread post by immy »

The weekend was good. 

Some good and bad weather for us but it's what it is. Summer but high winds and light showers. We might get some more sunshine later this week. 

Being with kids is a great joy in life. Knowing that you don't have to worry about bills and rent is a great luxury of life. Trading can do that for anyone but it's now easy. Once you find success it looks so easy.

Because e.g., if you have a 200K account, and you, have made 10% that money is enough for you to pay bills and food. For some people, it might be 30k or 40K. but the point is, money is made with money. If you can make 5% on average a month, you'll be more than comfortable. 

I did not feel like trading today. I was in zombie mode this morning. First I woke up at 5 am then fell asleep, with difficulty and later I Could not wake up and when I stared at the screen, my vision was blurry, It was as if I'm looking into the abyss. I did not focus on the screen, instead, I zoned out. 

I was not very keen on getting a trade-in today. I don't know why? But probably because I thought, everything has moved far too much and needs some consolidation. Well, that was correct but there was still some room on GU.  The d1 was showing only 1 TC so the next TC was highly likely. 



 
You do not have the required permissions to view the files attached to this post.
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! 🍌
User avatar
immy
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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Variations of the Banana Pattern - Min 2 Max 10 Candles

Unread post by immy »

 
The BANANA Pattern is made of a minimum of 2 and a max of 10 candles.
Let's Assume 
T = Trend Candle 
P = Pause or Pullback Candle. 
R = Range Candle 

These are the patterns you will see. (A model, not exact reality, a model)

TP
TTP
TTTP

TP
TPP
TPPP

TTPP
TTPPP

TTTPP
TTTP
TTTPPP

TTTTPP
TTTTPPP
TTTTTPPP
TTTTTPPPP

These variations might some times have R's in between as well.. 
e.g. 

TTRP
TRP

TTRTP
TTRPP

etc etc.

But in the ideal world, these are the patterns

Now we don't want to see TTTTTTTTTTTTTPPPPPP ... because that is just a TTTPP on the H4...

Does this make sense?
 
Refer to this lesson  https://itradeaims.net/lessons/what-is-a-pullback/
or 
The first page of this journal. 
 
 
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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