T20 first batch - Minsk

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immy
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Re: T20 first batch - Minsk

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kvr1966 wrote: 22 Dec 2021, 13:28 1. Trade Number: B1 – T6
2. Date/Time: 22-12-2021
3. Symbol/TF: PBX/USDT
4. Signal Type / Direction : Long Setup1 

I saw a possible entry at the purple arrow, didn’t take it because of the box being too wide, and blue wasn’t entangled. Waited for a bit. Another better option presented itself in a tighter box and blue was entangled too. 

Alligator asleep, red, green and blue entangled.
Entry candle is inside Aims box levels. Tight enough box.
Purple is below and outside Aims box.
AO is close to ZL.
Exit at 2R. So placed a sell order there. 

Reflections:
SL got hit.
Did I make a mistake in this trade?  No it was in line with trading plan. Still a loss though. 

DS this trade: 100%
Total DS: (0 + 0.4 + 1 + 1 + 0 + 1) /6 = 0.57
 
 
 

 
Note: DS is not about profit or loss. DS stands for Discipline score and it can either be 0 or 1. not 0.4. 
 
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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Re: T20 first batch - Minsk

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kvr1966 wrote: 22 Dec 2021, 13:02 It’s a good day today, as I see a possible Setup1 getting close the moment I turn on my screen. 

1. Trade Number: B1 – T5
2. Date/Time: 22-12-2021
3. Symbol/TF: Blok/USDT
4. Signal Type / Direction : Long Setup1 

Alligator asleep, red, green and blue entangled.
Entry candle is inside Aims box levels. Tightish box, ideally it would have been a tad tighter.
Purple is below and outside Aims box.
AO is close to ZL.
Exit at 2R. So placed a sell order there. Extended Fib tool shows GP at a level lower than 2R. Is this a stupid trade? Is this against trading rules? It is against common sense. I’ll take it, let’s see how it plays out. 

Reflections:
I suppose I should not have taken this trade. The odds were against it, and I knew before I placed it.
It has started going down before hitting 2R.
Also, I think it would have been smarter to move the SL up, so I could not end up in a loss, but break even in worst case. I didn't move my SL up.
This was not a smart trade. Learn and live. 

DS this trade: 0
Total DS: (0 + 0.4 + 1 + 1 + 0) /5 = 0.48
 
 
 

 
It is part of the trade plan to move SL to BE at +1R. This is the formula that you must follow. If you don't follow this trade plan, you can't expect the 66% win rate for setup 1. 
 
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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Minsk
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Re: T20 first batch - Minsk

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1. Trade Number: B1 – T7
2. Date/Time: 11-01-2022
3. Symbol/TF: CHR/BTC  15m
4. Signal Type / Direction : Long Setup1

Alligator asleep
Candle was inside Aims box, candle before the one with the blue arrow.
Purple line not in Aims box and some distance away
AO very close to zero
Aims Box tight enough
Pending order placed at entry level green line in chart. Entry happened at blue arrow candle.

Reflections
Price dropped so I thought a beautiful setup would go lost. But it pulled up before hitting the SL.
After that nice move up and TP hit. Exit!

DS this trade: 100%
Total DS: (0 + 0 + 1 + 1 + 0 + 1 + 1) / 7 = 0.57
 
 
 
 
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Re: T20 first batch - Minsk

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1. Trade Number: B1 – T8
2. Date/Time: 17-01-2022
3. Symbol/TF: BTC/USDT  15m
4. Signal Type / Direction : Short Setup1

Reflections
I think when it's a bankholiday it's wiser not to trade. Not much happening.

Taking this trade I was somewhat unsure if it was a right Setup1. When in doubt maybe don't take it?
I put my own dots in the chart.
Candle at red dot broke the green Alligator. I  placed a Pending order, that got hit a the black dot.
The AO was still in the green at the black dot, it had not yet changed color. That's why I think I should not have taken the trade. I think the AO should have changed color to red, so you know you are not in wave 4 anymore. I took the risk that I was still in wave 4. Stupid. And this happens because I was looking for a setup for some time already. And got impatient. Then I took a trade that's not a setup1 I think.

DS this trade: 0%
Total DS: (0 + 0 + 1 + 1 + 0 + 1 + 1 + 0) / 8 = 0.5

If I want to get any decent at this, I need to work on DS. Nothing else. 
 
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Re: T20 first batch - Minsk

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1. Trade Number: B1 – T9
2.Date/Time: 18-01-2022
3. Symbol/TF: PYR/USDT  15m
4. Signal Type / Direction : Short Setup1 

Thoughts before taking the trade
Sole purpose is DS=100% every trade. 

I could use some advice on this trade. Is my thought process about the waves correct? 

Alligator asleep.
AO close to ZL.
At first red dot I was still in bed when alligator was asleep and got broken. Color changed so we enter wave 5. Second red dot is still in wave 5 and again alligator is asleep. Candle broke the green alligator and is still within Aims box. So set a Pending order.
Tight Aims box.
Purple line outside Aims box on correct side.
Exit point looks close enough. 

Reflections
Candle after red dot hit order price. It went down mixed with some green candles. That makes me doubt my thought process about the waves again. Am I doing this the correct way?
Moved the SL to entry level. And to 1R level. My TP at 2R did not get hit yet. But it did in the next tiny candle. Exit at 2R.

Some hours later looking at the same chart, I think in hindsight I was in a wave 3, not a wave 5. 

DS this trade: 100%
Total DS: (0 + 0 + 1 + 1 + 0 + 1 + 1 + 0  + 1) / 9 = 0.56 
 
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Re: T20 first batch - Minsk

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1. Trade Number: B1 – T10
2. Date/Time: 19-01-2022
3. Symbol/TF: GALA/USDT  15m
4. Signal Type / Direction : Short Setup1 

Thoughts before taking the trade
Sole purpose is again DS=100% every trade. 

Looking critcally at this, is it really a Setup 1?  Yes!

Alligator asleep.
AO close to ZL.
Purple line just outside Aims box on correct side.
Tight Aims box.
Exit point is very close. 

Reflections
Moved the SL to entry level when price hit 1R.  Exit at 2R.

DS this trade: 100%
Total DS: (0 + 0 + 1 + 1 + 0 + 1 + 1 + 0  + 1 + 1) / 10 = 0.6
 
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Re: T20 first batch - Minsk

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1. Trade Number: B1 – T11
2. Date/Time: 20-01-2022
3. Symbol/TF: BTC/USDT  15m
4. Signal Type / Direction : Long Setup1 

Thoughts before taking the trade
Purpose is DS=100% every trade.
 
Alligator asleep.
AO close to ZL.
Purple outside Aims box on correct side.
Very tight Aims box.
Exit point is very close. I will adjust my exit as it goes up. 2R is so close.

Reflections
The SL, entry, 1R, and 2R levels are so close to each other. If it candles turn green probably entry level will be broken. But Green Alligator hasn’t been broken yet. So I wait. Didn’t take long, next candle breaks entry level.
This went very fast. 2R got hit in the next green candle. SL moved to entry. Next candle goes up, SL moved to 2R. I’ll ride this one out now, lets see what happens.
Closed the trade at Black dot candle, as AO was turning dark green. 

DS this trade: 100%
Total DS: (0 + 0 + 1 + 1 + 0 + 1 + 1 + 0  + 1 + 1 + 1) / 11 = 0.64
 
 
 
 
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Re: T20 first batch - Minsk

Unread post by Minsk »

1. Trade Number: B1 – T12
2. Date/Time: 24-01-2022
3. Symbol/TF: CSPR/USDT  15m
4. Signal Type / Direction : Short Setup1 

Thoughts before taking the trade
Purpose is DS=100% 

Alligator asleep at first red dot.
AO close to ZL.
Purple just outside Aims box on correct side.
Aims box quite tight.
Exit point is close enough. I will adjust my exit as price goes down. 

Reflections
Sleeping Alligator at first red dot. Wait until it a red bar breaks the entry level at second red dot.
It takes a couple of pokes before a red candle closes below 1R. Moved SL to entry level when red bar closed below 1R. The 2R level gets poked a bit, when red bar closed below 2R I moved SL to 1R. Exited right after closing of candle with black dot. Reason: it’s a green candle and it looks like trend can turn around. And I have already 2R. Don’t get greedy.

DS this trade: 100%
Total DS: (0 + 0 + 1 + 1 + 0 + 1 + 1 + 0  + 1 + 1 + 1 + 1) / 12 = 0.67
 
 
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Re: T20 first batch - Minsk

Unread post by Minsk »

No time to trade on 25th and 26th January. 
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Re: T20 first batch - Minsk

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and on 27th no trading
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