Tomi's friendly market journal

[Tomi]

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[Tomi]

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[Tomi]

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[Tomi]

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[msk185]

Hi Tomi

I took this entry also but although I closed out for tiny profit my trade wa snot as well executed as your as you stuck to your trade managment rules so well done for trading your system.

Mike

[Tomi]

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[Tomi]

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[Bettina]

Hi Tomi,

I'm fighting myself, but what I can see, is the following :
The first trade could have been a winner, but when entering on an old, but orange AO, it's mostly useful to enter as early as possible, M1 high and not M5 high, so you are nearer to the green line > risk is lower and probably small winner is more.This mostly is a 5 of 3, so lower probability trade
For the next two trades : I didn't take them, because M5 eWaves was on a way down .

Much luck
Bettina

[msk185]

Hi Tomi

I almost took your second trade but cancelled my po before it triggered as I became very aware of the levels to the left on the chart that price had to get through to make a good trade. I filtered the other two.

I'm not sure if it matters but one thing I've noticed is that on the H1 chart price was at the alligators mouth so there is always a risk it will fall away from the mouth rather than push through it, this happened yesterday too.

It's all a learning curve for me.

Mike

[Tomi]

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