Tracker's Journal

[Grant]

(wd) (wd)

[kiravon]

It really doesn't get any more Pro than that Gregor!
Absolute precision!

Just a thought though -

You mention you have a change of scheduling, perhaps
to just NEO for a while. I also am busy over the summer period,
in fact I was thinking of taking three months off from trading

But there is something important to note, in fact I might jot
something in my journal actually -

Its simply this- When you finally get into the zone through
sheer repetition and consistency - as you seem to be now,
its easy to slip out of it again if you don't keep up the
momentum - but I think you've got this covered

Congratulations again - Looking at your chart you make
it look so easy

[Tracker]

It really doesn't get any more Pro than that Gregor!
Absolute precision!

Just a thought though -

You mention you have a change of scheduling, perhaps
to just NEO for a while. I also am busy over the summer period,
in fact I was thinking of taking three months off from trading

But there is something important to note, in fact I might jot
something in my journal actually -

Its simply this- When you finally get into the zone through
sheer repetition and consistency - as you seem to be now,
its easy to slip out of it again if you don't keep up the
momentum - but I think you've got this covered

Congratulations again - Looking at your chart you make
it look so easy

Hi Michael,

Thanks for your comment, but it's just one trade that went pretty good, compared to so many others that I screwed up. Just look at todays trading. Nothing pro there. Being in the Zone, I wonder what that might feel like! )
You are right I guess, I want to keep trading M1 at least the NEO every day. It is not to bad from where I am right now. I get up at six and trade for 1 or 2 hours and I am finished before breakfast!

Cheers Gregor

[Tracker]

The NEO Session started for me with the short Fruit into wave 4, should have trailed the candles there after the second Add On, till the gator would really open up to the downside, which it never did. Camp 285 was bullshit, because according to the wave count we where now going into wave 5 (probabilities!!!!!) hence the SAR Long was a mistake, too. The "last grasp up" Fruit on top of wave 5 would have been the one to take, but not staying in the now, and stuck in my long again I didn't take it. Of course it turned out to be the nicest trade of NEO.
Looking at the chart now the wave sequence looks so clear and simple. It's actually just riding the waves, staying in tune with the market and thus stay on the side of higher probability.

Camp 284: Fruit Short
Trade 1: Fruit Short + 10.0 Pips
Trade 2: Add On 1 - 9.1 Pips
Trade 3: Add On 2 - 10.3 Pips

Camp 285: Fruit Short
Trade 1: Fruit Short - 14.4 Pips

Camp 286: SAR Long
Trade 1: SAR Long - 6.4 Pips

[immy]

the wave sequence looks so clear and simple. It's actually just riding the waves, staying in tune with the market and thus stay on the side of higher probability.

[Tracker]

The NEO session for me was just a Breakout trade short. Shouldn't have taken the Add On that late, especially as I didn't trust the whole situation from the beginning. H1 was sideways. Either take the first old AimsLevel to the left or just stay with the initial trade till you know whats going on! As a consequence of the Add On I moved my SL to early and got kicked out at the point that then became the new AimsLevel. Stopped trading, as I did't like the erratic movement of the market.

Have a nice weekend.

Camp 287: Breakout Short
Trade 1: Breakout Short + 6.2 Pips
Trade 2: Add On - 13.4 Pips

[Tracker]

Not much in store for me at NEO. Should have taken the Add On earlier in campaign 288 and maybe trail candles in campaign 289, because it was going so slow!?

Camp 288: Breakout Long
Trade 1: Breakout Long + 11.7 Pips
Trade 2: Add On + 4.3 Pips

Camp 289: Breakout Long
Trade 1: Breakout Long - 11.4 Pips
Trade 2: Add On - 0.4 Pips

[Tracker]

The trades I don't take. NEO session today. Quick look at M5 and H1 told me the probabilities were that there would be more shorts. H1 had been falling all day and M5 was about to go into wave 5. So I didn't even think of taking a long. Had my Sell order in below the AimsLevel and was waiting for the Breakout to the downside. It did't happen right away, and when the market made a move up I deleted the order. Then put my Sell order below the Fruit but as it was not executed on the next bar all the doubts started to creep into my mind. What if it turns around now and goes up. Maybe the fruit was wave 1 up. Maybe its continuing sideways till the news and then I am caught up in there again. And so on.
All of my totally correct assessment of the market and of the probabilities had gone out of the window and fear of losing those 12 Pips which is a totally appropriate risk to take took over. I even thought about taking a screen shot from the Fruit as it first appeared and looked pretty big with all those other bars in that sideways market and imagined how small it would all of a sudden look once the market had dropped. One of those Fruits that you scroll back to thinking I should have taken that tiny little Fruit there.
The main reason I did't take it is probably a lack of confidence. I still haven't really found that equilibrium where I just sit there in front of my screen and know exactly without any doubt what has to be done and then also just do it. I think I have gotten the wild goose chase under control, but not trading a totally valid Fruit is also a big mistake. Looking at the perfect wave now shows me again what it is all about. It is about assessing the probabilities of a wave like that happening, and as long as there are no really contradicting signs you just ride it out. Sometimes it does happen, sometimes not, but the times it happens more than pays for the times it does not.
I know, that I am just ruminating what Immy and others said and wrote numerous times before, but that does not embed it in my memory. That's why I have to write it down time and again, till hopefully one day it sticks.

[Tracker]

From start of NEO my data feed was not working properly. Couldn't move my SL on that trade to the right position. Restarted my platform several times.
No concentration wanted to take the breakout short but didn't. Same story as yesterday. At least 400 Pips should have been made just in NEO the last two days. ~x( ~x( ~x(

Camp 290: Breakout Short
Trade 1: Breakout Short - 12.2 Pips

[Tracker]

At long last I had a successful NEO again. I did make some mistakes though. The campaign 292 was not a valid setup as the point of entry was not below red line. Didn't pay attention there. Furthermore I should have gone long after the PC and then SARd at the Fruit, but I didn't and playing around with the settings of my MT4 missed the Fruit short. So I took the breakout after the Fruit and an Add On. SL above the newly formed AimsLevel. The Breakout worked pretty good. Closed the Add On after the second push down and wanted to close the other trade after the next push down, but my MT4 stuck again. It is really annoying. Had problems yesterday and today. Whenever a stronger move happens the thing seems to get stuck. Didn't even see the candle build that closed the trade.

Camp 291: Breakout Long
Trade 1: Breakout Long - 3.7 Pips

Camp 292: Breakout Short
Trade 1: Breakout Short - 17.7 Pips

Camp 293: Breakout Short
Trade 1: Breakout Short + 65.3 Pips
Trade 2: Add On + 62.1 Pips