Bettina's Journal

[Bettina]

Thanks Richard. I always admire your results, which really look extraordinary. You are the example with less trades and nearly no rents.

Cheers
Bettina

[Topher]

Thanks Richard. I always admire your results, which really look extraordinary. You are the example with less trades and nearly no rents.

Cheers
Bettina

Thankyou Bettina

Don't forget I have been trading for 20 years, not always forex and only aims for 5 months but after 20 years of staring at charts you start to see things differently. One thing I have learnt in all that time is to be patient and wait for the very best setups.

Richard

[tmmbabs]

patient and discipline is the key to consistence (*)

[Bettina]

Hi, week started with my old problem : too early, not patient enough -8.

[Bettina]

question : would any body have taken this GU long at blue dot 15:44 ?
I feel, since I'm caring more about M5 I don't have only M1 black dot trades, but also M5 black dots to care for. M5 alli had opened at blue vertical, but still below purple ???????????????????
Bettina

[Herbert]

Yes, i would have taken it.

m5red2.png

[Bettina]

Hi Herbert,

thx for your answer. But the point is not fixed in the manual.
Purple of M5 was trending down, complete m5 aims box below purple and alli below purple. I interpret the manual as not tp take that trade !

M5 really looked like this ( see pic )

Bettina

[Grant]

HI Bettina,

If my entries are on the m1 chart then i ignore the purple of m5.

so in this instance i would have taken that trade as long as all other rules were met..

cheers
Grant

edit : just checked my m5 chart and i don't have the purple line displayed....

[Herbert]

Hey Bettina. As above, m5 purple is not trend for m1 but alligator of m5, red, which is purple on m1. Remember, m5 purple is 5min x5 TF alligator red, at that level purple is not even used anymore. Herbert

[Bettina]

Hi Grant, Herbert,

great comments, thx. So I won't be too picky about M5 purple if it's alli is nicely open.
Bettina