Luke's Journal of setup 1

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immy
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Re: Luke's Journal of setup 1

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llau18 wrote: 23 Dec 2020, 14:38 Date 12/23
traded long the DJ30
excited to spot the nice setup
DS score +1
Running total +3
The red arrow at the right side of the chart is where I entered. I exited with 1R. I should be taking off 1/2 and letting the rest run but I have started out simply going for 1R trades to make sure I am spotting proper setups. I would like to now take 1/2 off at 1R and let the rest run.
 

 
proper risk management and trade management are 
Take Half off at 1R
Leave SL at original spot (hence allowing the trade room ot breath while still not lose)
then follow the 10EMA for exits. 
If market goes too far too fast away from the line then start trailing after 5 consecutive green/red candles. 

cheers 
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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llau18
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Re: Luke's Journal of setup 1

Unread post by llau18 »

I have really been focused on the strong candle with the seed pattern.   I noticed on a youtube video you were using trading view and it looks like you had a screen so that you could see the waltz setups.   How do you setup this screening technique on trading view?
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llau18
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Re: Luke's Journal of setup 1

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I notice during a youtube video that Immy created showed screens that were created in trading view to identify setup 1's as well as the Waltz setup.  How would I do that on trading view?

thank you,

Luke
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immy
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Re: Luke's Journal of setup 1

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llau18 wrote: 08 Feb 2021, 20:30 I notice during a youtube video that Immy created showed screens that were created in trading view to identify setup 1's as well as the Waltz setup.  How would I do that on trading view?

thank you,

Luke

 
Do you mean you want access to Trading view Script? if yes, then visit the TradingView TAB in your dashboard for further instructions. If not, please share a screenshot so that I undersand :)
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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llau18
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Re: Luke's Journal of setup 1

Unread post by llau18 »

I see the scripts for the indicators in trading view. But I was asking about creating the screeners. I saw you had screeners to show when the Waltz pattern was forming. How do you do that? You also had a screener to show you setup 1's. I was asking how you created those screens. I don't see them in the trading view scripts. Are they somewhere in that folder that I am not seeing?

thank you

Luke
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immy
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Re: Luke's Journal of setup 1

Unread post by immy »

llau18 wrote: 09 Feb 2021, 14:54 I see the scripts for the indicators in trading view. But I was asking about creating the screeners. I saw you had screeners to show when the Waltz pattern was forming. How do you do that? You also had a screener to show you setup 1's. I was asking how you created those screens. I don't see them in the trading view scripts. Are they somewhere in that folder that I am not seeing?

thank you

Luke

 
Go to Lesson 17... Stock Trading That's where the Scanner videos are
 
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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llau18
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Re: Luke's Journal of setup 1

Unread post by llau18 »

I was able to find the scanner video for setup 1 but could not find the scanner for the Waltz. Do you have the scanner settings you use to setup the Waltz scanner?
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