Michael's (zlabis) Journal [The Magician]

[zlabis]

Thank you Immy for your highly valueable comments.


Michael

[zlabis]

Trading time today: 9 (LO) - 11:30 am (GMT+2)

Took two trades, which actually were one trade but interrupted, because it wasn't possible to close a position partially at my demo account.
Right after news there showed up a green dot. AO close to ZL, M1 gator nearly sleeping, box size ok, M5 gator open to upside, price broke and rejected M5 AIMS, so I waited til price moved up again and placed the PO quickly 2 Pips above M1 AIMS level. Wanted to close 50% but that's not possible with my demo account, so closed it completly at fruit/pinbar.

Trade 2 was in fact a add-on to trade 1. I know, Immy, trade 2 was not according to the rules but momentum and break of new AIMS level convinced me to take it.

Trade 1: +11 Pips / +1,1%
Trade 2: +7 Pips / +0,7%

DAX_M1-M5_2014-09-30_1122.png

[immy]

Michael, well done on your trading.

A word of caution on these trades today, assuming you did not know it was major news time for the euro zone, it was risky time to take trades. As long as you knew this and the fact that you took green dot trade , you're doing fine but its best to be very selective and trade the best setups. Best setups means, trends are confirmed, momentum is present and time of the day and Chaos Influx Points are well aligned.

Cheers

[zlabis]

Didn't take any trades an 1st and 2nd of october. Had not much screen-time those two day and was distracted by some important paper-work.

Today was no DAX available due to bankholiday in Germany (Tag der Deutschen Einheit - Day of German unity) so switched to EURUSD which had extrem low volatiltiy.
But there showed up 2 lovely setups which I took. Were simple setups but for me rather difficult to handle because of very low movement.

I handled them to +5 and +4 Pips winners so +9 Pips / +0.9% today.

Managenment for both as usually (as Immy recommends on M1/M5 S1 and S2):
1% risk according to 10 Pips init. SL
PO 1 Pip+spread above/below break level
Init. SL 10, then SL 7 when PO was triggered.
After trade is +5 Pips, SL moved -4

Result of this week:
Screen time 8 hrs
Mon. 29.9.: +31 Pips / +3.1%
Tue. 30.9.: + 18 PIps /+1.8%
Wed. 1.10.: no trades
Thu. 2.11.: no trades
Fri. 3.10.: +9 Pips / +0.9%
--------------------------------------------
overall: +58 Pips / +5,8% (+5.9% increase of account)

EURUSD_2014-10-03_Trade1.png

EURUSD_2014-10-03_Trade2.png

[Nikita]

Amazing result. Just rinse and repeat!

[zlabis]

Monday, 6th of october 2014

Today's screen time: very fragmented about 2.5 hrs. because of much work in the real estate business these days.

Although there were super setups today, I didn't manage it to be in front of the screen at the "right" time.

5 S1/S2 trades with standard rules discribed earlier.

4 rents: -7 Pips, - 7 Pips, -7 Pips, -4 Pips = -25 Pips / -2.5%
1 winner: +9 Pips / +0.9%
---------------------------------------
Result: -1.6%

It's ok for me, because without the mistake/error at closing trade 4, it would be a +8 Pips / +0.8% day ;-)

DAX_M1-M5_2014-10-06_Trade1+2.png

DAX_M1-M5_2014-10-06_Trade3.png

Comment on trade 5:
In the textbox of the image I say "could have exited earlier". Correct is: "could have exited later".

DAX_M1-M5_2014-10-06_Trade4+5.png

[immy]

We missed you today matey, when Moty was busy making his 300+ Pips on Dax M1 using our Fruit Strategy I taught in the last few weeks in the skype session. Sadly skype sessions have come to an end only a day or two are left but we had great fun....

[zlabis]

I miss it too, being in contact with you and the other AIMSters in the trading room, but it's so busy at work these days, I haven't found even 15 minutes in the row for trading or being in the skype room. The rest of the week, I will join the skype party every day from, at least, 9-11am (GMT+2), in any case!
I have already studied Moty's journal - yesterday was absolutly amazing!!!

For today (Tue., Oct. 07, 2014) I was able to find an hour screen time (from 18:00 to 19:00 - GMT+2). I know, it's not the best time, but I gave it a try.

Took one trade with very nice setup and despite low volatility it was fairly easy to handle.
Traded it strictly with my standard rules.

Result for today: +24 Pips / +2.4% - I am very happy with it ) ) )

DAX_M1-M5_2014-10-07_Trade1.png

[immy]

I miss it too, being in contact with you and the other AIMSters in the trading room, but it's so busy at work these days, I haven't found even 15 minutes in the row for trading or being in the skype room. The rest of the week, I will join the skype party every day from, at least, 9-11am (GMT+2), in any case!
I have already studied Moty's journal - yesterday was absolutly amazing!!!

For today (Tue., Oct. 07, 2014) I was able to find an hour screen time (from 18:00 to 19:00 - GMT+2). I know, it's not the best time, but I gave it a try.

Took one trade with very nice setup and despite low volatility it was fairly easy to handle.
Traded it strictly with my standard rules.

Result for today: +24 Pips / +2.4% - I am very happy with it ) ) )

DAX_M1-M5_2014-10-07_Trade1.png

You are a man in tune with the marekt. The whole day you did not trade and the only trade that was perfecet S1, was this one. (party) (wd)

[zlabis]

Wednesday, Oct. 08. 2014

Screentime: 9-11am and 6-7pm (GMT+2)

Today I got infected by the fruit virus ;-)

Trade 1 - Fruit
Pos.-size 1 lot
PO 2 Pips above fruit
SL 2 Pips below fruit
Closed at fruit in opposite direction
-2.8 Pips / -0.05% (0.3% on picture not correct)

Trade 2 - classic S1
Pos. size 1% = 5,3 lots
standard S1/S2 on M1/M2 rules
+15 Pips /+1.5%

Trade 3 - Fruit
Pos.-size 1 lot
PO 2 Pips above fruit
SL 2 Pips below fruit
Closed at initial SL because of interruption by a phone call. Couldn't close it immediatly with -2 or -4 Pips.
-10 Pips / -0.19% (0.02% on picture not correct)

Trade 4 - classic S1
Pos. size 1% = 5,3 lots
standard S1/S2 on M1/M2 rules
Closed above green gator. had better closed at fruit/pinbar in opposit direction
+0.9 Pips /+0.09 %

Summary for today:
Trade 1: -2.8 Pips / -0,05% (fruit, 1 lot)
Trade 2: +15 Pips / +1,5% (classic S1, 5.3 lots / 1%)
Trade 3: -10 Pips / -0,19% (fruit, 1 lot)
Trade 4: +0.9 Pips / +0.09% /classic S1, 5.3 lots / 1%)
--------------------------------------------------------------------
Result: +3.1 Pips / +1,35%

I've got to study, learn and understand the principle of FRUIT strategy. Until that I'll stick to S1/S2.

DAX_M1-M5_2014-10-08_Trade1+2.png

DAX_M1-M5_2014-10-08_Trade3+4.png