I HAVE COMPLETED ALL CHARTS FOR THE T20 NUMBER ONE. THE OVERWHELMING FACTOR TO ME WAS THE LACK OF STRATEGY IN EXITING PROFITABLE TRADES FOR THEW WHOLE 20 TRADES. I FORGOT ALL ABOUT TRAILING THE STOPS AT THE TOP OR BOTTOM OF AN AIMS BOX, OR TRAILING STOPS ANYWHERE. AT LEAST I WAS CONSISTENT IN THAT.
THAT WOULD BE THE REASON I WOULD HAVE ZERO DS SCORE - THERE WAS NO WRITTEN STRATEGY TO SHOW EXACTLY WHAT I SHOULD DO.
I CONSIDERED MY ENTRIES TO BE MORE PLANNED AND FOLLOWED - ALWAYS LOOKING FOR THE HTF TO CONFIRM THE LTF AND FOLLOWING THE 3 RULES FLOW CHART. HOPEFULLY I WILL GET BETTER AT: PRESENTING BRIGHTER CHARTS WITH ALL THE RELEVANT INFO ON THEM; TIMING ENTRIES; EXITING.
I REALLY LIKE THE 4HR/DAILY TIME FRAMES.
NEXT I WILL POST THE REST OF THE SET OF CHARTS IN THE T20 - T7 - T20.
THEN I WILL POST MY TRADE PLAN.
REGARDShttps://itradeaims.net/forum/posting.php?mode=reply&f=3&t=1584#
ROLS
T20 1
- Jasmien
- AIMSter
- Posts: 796
- Joined: 28 Apr 2016, 14:46
- 9
Re: T20 1
The setup above could have been avoided by just looking at purple line which was inside box, the first long entry would have been at 3-8-18 at 4:00 candle a new tide box was there, busting through the levels to the left however D1 gator was sleeping and Tz1 was already hit I'd have filtered the long trade anyways, only if there was a seed on D1 with an open gator and I had that picture at 4:00 candle time I'd have jumped in... I won't trade a setup 0, but setup 1 or 2 , sleeping gator, purple nicely out of box is easy to spot after a few batches independently of chart time frame. Some lovely setup's in your journal!
- acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
Re: T20 1
Cant stress enough the key is in the discipline, keep tight rules and apply them always! the rest is minor once you get this habit down.