Ganesh Trading Journal

[ganesha04]

1. Trade Number: 6/20 Batch 1
2. Date/Time: 14/11/2019 - Morning Session -
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Short Setup 1
5. Comments and Feelings at the Time of Taking The Trade: I was a bit worried as market as already had made such a such a big move down.
6.Comments and Trades After Exiting the Trade: The trade ended up being an 1R loss; missed my TP by 1point.
7. DS For this Trade: 1DS
8. DS Running Total: 100% (6/20)
9.

Screen Shot 2019-11-14 at 09.18.50.png

1. Trade Number: 7/20 Batch 1
2. Date/Time: 14/11/2019 - Morning Session -
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Long Setup 2
5. Comments and Feelings at the Time of Taking The Trade: At the moment I was a bit hesitant as the 3rd wave peak wasn't that strong but on the M1 it fulfilled all my conditions for Setup 1. However, panicked a bit around the entry (still doing manual) and my order came in far too high.
6.Comments and Trades After Exiting the Trade: Lesson learned; didn't look at htf and 5m gator was sleeping. Also my entry wasn't correct; so unfortunately have to give it 0DS.
7. DS For this Trade: 0DS
8. DS Running Total: 85% (7/20)
9.

Screen Shot 2019-11-14 at 09.56.51.png

[immy]

1. Trade Number: 6/20 Batch 1
2. Date/Time: 14/11/2019 - Morning Session -
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Short Setup 1
5. Comments and Feelings at the Time of Taking The Trade: I was a bit worried as market as already had made such a such a big move down.
6.Comments and Trades After Exiting the Trade: The trade ended up being an 1R loss; missed my TP by 1point.
7. DS For this Trade: 1DS
8. DS Running Total: 100% (6/20)
9. Screen Shot 2019-11-14 at 09.18.50.png

1. Trade Number: 7/20 Batch 1
2. Date/Time: 14/11/2019 - Morning Session -
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Long Setup 2
5. Comments and Feelings at the Time of Taking The Trade: At the moment I was a bit hesitant as the 3rd wave peak wasn't that strong but on the M1 it fulfilled all my conditions for Setup 1. However, panicked a bit around the entry (still doing manual) and my order came in far too high.
6.Comments and Trades After Exiting the Trade: Lesson learned; didn't look at htf and 5m gator was sleeping. Also my entry wasn't correct; so unfortunately have to give it 0DS.
7. DS For this Trade: 0DS
8. DS Running Total: 85% (7/20)
9. Screen Shot 2019-11-14 at 09.56.51.png

Hey, look at this chart. Similar situation as your trade yesterday. When m5 is not in line with it, its lower probability...
good you're taking the trades and recording them... I love people like you who does what they are supposed to be doing...
You will learn so much faster...



and have a good weekend

[ganesha04]

Immy, yeap that picture makes above sense; the split screen desk is v helpful; now one glance and I know where M5 is at and helps me to avoid wrong entries.

As per trades today:
1. Trade Number: 8/20 Batch 1
2. Date/Time: 14/11/2019 - Morning Session
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Long Setup 1
5. Comments and Feelings at the Time of Taking The Trade: Ironically felt quite confident about this trade; everything stacked up and I knew with London open volatility would come in; put my pending order in.
6.Comments and Trades After Exiting the Trade: Saw the price moving up and hitting my TP; I also noticed that seeing how quickly price moved when the market opened was quite overwhelming; I have to learn that there will be moments throughout the day where price will move like a ferrari and can hit my TP or SL within seconds.
7. DS For this Trade: 1DS
8. DS Running Total: 87.50% (8/20) (7DS1 & 1DS0
9.

Screen Shot 2019-11-18 at 07.57.42.png

1. Trade Number: 9/20 Batch 1
2. Date/Time: 14/11/2019 - Morning Session
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Short Setup 1
5. Comments and Feelings at the Time of Taking The Trade: Was a bit nervous as didn't see much volatiliy in the market and also looking at the M5 even though it was open, it wasn't strong open as in other setup 1 but according to my rules it was a setup 1 and put my order on.
6.Comments and Trades After Exiting the Trade: Price didn't move as expected but I was happy I decided to take this Setup1 as Immy validated this as as a Setup 1 I need to take.
7. DS For this Trade: 1DS
8. DS Running Total: 88.88% (9/20) (8DS1 & 1DS0
9.

Screen Shot 2019-11-18 at 10.00.05.png

Other things I've learned today & over the weekend:
1. Principle C: In wave 4, price can make an "a" (down) - "b"(up) - "c" (down) before it goes up; so be careful not to get into B trap.
2. BE is winning trade; as when I enter a trade I have already given it away and getting 1% is back is like a winner.
3. Immy seems to make a lot of R's on the Hunt strategy (Stage 2); looking forward to learning about it in the next stage but for now I need to stick with Setup 1 and learn the ins and outs.

[ganesha04]

Didn't have any trades today, but still learned a lot so also keeping this journal to record my lessons and updated my trading plan accordingly.
1. Length of wave 3 and 4 combined should not exceed 96.
2. For Setup 1; AO doesn't need to always cross the 0; if it's literally on the 0 line like in the image below it also counts.

Screen Shot 2019-11-19 at 09.15.04.png

[immy]

Didn't have any trades today, but still learned a lot so also keeping this journal to record my lessons and updated my trading plan accordingly.
1. Length of wave 3 and 4 combined should not exceed 96.
2. For Setup 1; AO doesn't need to always cross the 0; if it's literally on the 0 line like in the image below it also counts.

Screen Shot 2019-11-19 at 09.15.04.png

Check this Tutorial. https://itradeaims.net/amember/page/sec ... wave-count
and this one
https://itradeaims.net/amember/page/the ... lliottwave

[ganesha04]

Thanks Immy, I will check those threads out.

Trading Journal for today:

1. I've updated my trading plan yesterday, ensuring that I wake up earlier and that I am at my desk in the office 7:50am & this change already paid off.
2. Another great day of learning; I feel as if just being there in and seeing the conversations in the slack channel is increasing my learning 100000 %.
3. Very interesting morning with Stage 1, 2 & 3 trades.

One trade for today:
1. Trade Number: 10/20 Batch 1
2. Date/Time: 20/11/2019 - Morning Session
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Short Setup 1
5. Comments and Feelings at the Time of Taking The Trade: I saw the red dot; M5 Gator was very open but for some reason didn't think Gator was sleeping on M1 properly at the moment of the red dot (I was later proven wrong by Immy and the gator was actually sleeping...); anyways I was waiting for another red dot and then I was price breaking out of the box and I knew the moment price broke this would be a dot so I entered; price broke out hit my 1R.
6.Comments and Trades After Exiting the Trade: I feel mixed about this trade; in hindsight, I was doing everything right. However, at the moment of entering the trade I didn't, so I am going to give myself DS0.
7. DS For this Trade: 0DS
8. DS Running Total: 80% (10/20) (8DS1 & 2DS0)
9.

Screen Shot 2019-11-20 at 08.37.25.png

Below also a few interesting images for later stages...

image (1).png

image (2).png

[ganesha04]

Two trades for today:
1. Trade Number: 11/20 Batch 1
2. Date/Time: 27/11/2019 - Morning Session (7.54am)
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Long Setup 1
5. Comments and Feelings at the Time of Taking The Trade: After 1 week on holiday; I came to my desk at 7:45 to get back on track; so the nice peak and the Wave 4 around 7.54 with a setup. Entered the trade which went nicely to 1R but also to TZ1. Price didn't cross the 0 line on the AO but my revised rules allow for price to be close to 0 line.
6.Comments and Trades After Exiting the Trade: Glad I entered the trade and worked out quite well; interesting to see how the wave 5 was created and then price collapsed to the downside.
7. DS For this Trade: 1DS
8. DS Running Total: 82% (11/20) (9DS1 & 2DS0)
9.

Screen Shot 2019-11-27 at 07.56.41.png

1. Trade Number: 12/20 Batch 1
2. Date/Time: 27/11/2019 - Morning Session
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Long Setup 1
5. Comments and Feelings at the Time of Taking The Trade: Price showed peak wave 3 with a tight wave 4 range; price was close to the 104 bar rule; I also noticed that the price wasn't moving much but all the factors added up and I entered; whilst the trade was on; it literally went sideways for another 20 bars...
6.Comments and Trades After Exiting the Trade: I felt that the market had no juice and wasn't surprised when I got stopped out.
7. DS For this Trade: 1DS
8. DS Running Total: 83% (12/20) (10DS1 & 2DS0)
9.

Screen Shot 2019-11-27 at 10.07.16.png

[ganesha04]

1. Trade Number: 13/20 Batch 1
2. Date/Time: 29/11/2019 - Morning Session
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Long Setup 1 - 10am
5. Comments and Feelings at the Time of Taking The Trade: I knew markets around this time are slow; but giving US holiday market was extremely slow lol. Not moving for a while, v sideways so closed and went to the gym. Also noone else in AIMS traded
6.Comments and Trades After Exiting the Trade: Price hit my 1R but also went all the way to hit TZ1; there seemed to be a bit more movement and price peak after I left the screen.
7. DS For this Trade: 1DS
8. DS Running Total: 85% (13/20) (11DS1 & 2DS0)
9.

Screen Shot 2019-11-29 at 10.02.46.png

Also as a side note; I didn't take this trade this morning but Immy asked in the group whether I was in... so curious to see whether this would also qualify; for me a no as Box >15 and price peaked through purple line...

Screen Shot 2019-11-29 at 08.21.10.png

[ganesha04]

1. Trade Number: 14/20 Batch 1
2. Date/Time: 29/11/2019 - Morning Session
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Long Setup 1 - 9.50am
5. Comments and Feelings at the Time of Taking The Trade: Came back from a meeting; opened my screen; and saw S1, took me a few seconds to realise that everything added up; M5 Gator, AO, Purple line, tight box etc; and entered...
6.Comments and Trades After Exiting the Trade: Felt normal; took the loss; didn't bother me at all; just another trade. [EDIT: only a few hours after the trade and answering Immy's question I realised I made a mistake... the blue Gator wasn't inside the box and sleep properly! The mistake hurt me; I hate making mistakes... but I am owning up to it... Move on and never make the mistake again.
7. DS For this Trade: 1DS
8. DS Running Total: 78% (14/20) (11DS1 & 3DS0)
9.

Screen Shot 2019-12-02 at 14.32.24.png

[immy]

1. Trade Number: 14/20 Batch 1
2. Date/Time: 29/11/2019 - Morning Session
3. Symbol/TF: Dax/1m
4. Signal Type / Direction : Long Setup 1 - 9.50am
5. Comments and Feelings at the Time of Taking The Trade: Came back from a meeting; opened my screen; and saw S1, took me a few seconds to realise that everything added up; M5 Gator, AO, Purple line, tight box etc; and entered...
6.Comments and Trades After Exiting the Trade: Felt normal; took the loss; didn't bother me at all; just another trade. [EDIT: only a few hours after the trade and answering Immy's question I realised I made a mistake... the blue Gator wasn't inside the box and sleep properly! The mistake hurt me; I hate making mistakes... but I am owning up to it... Move on and never make the mistake again.
7. DS For this Trade: 1DS
8. DS Running Total: 78% (14/20) (11DS1 & 3DS0)
9. Screen Shot 2019-12-02 at 14.32.24.png

I think I should help you. .... gator was NOT inside the Box. In Fact it was open to the downside.