Tracker's Journal

[zlabis]

Gregor, that was really well traded, IMHO without jumping out of the campaign at first sign of glitch in opposite direction

Cheers
Michael

[Tracker]

Today's NEO was kind of slow except for the sudden push down, that I didn't catch of course.
In the end I closed the session with a small rent paid.

Camp 366: Breakout Short
Trade 1: Breakout Short - 10.7 Pips (RL)

Camp 367: Fruit Long
Trade 1: Fruit Long - 10.4 Pips (NL)

Camp 368: SAR Short
Trade 1: SAR Short - 12.6 Pips (NL)

Camp 369: Breakout Long
Trade 1: Breakout Long + 9.9 Pips (NL)
Trade 2: Add On 1 - 1.3 Pips (NL)
Trade 3: Add On 2 + 8.1 Pips (NL)

Camp 370: Fruit Long
Trade 1: Fruit Long + 19.7 Pips (RL)
Trade 2: Add On + 4.0 Pips (RL)

[zlabis]

Hi Gregor,
IMHO, you were very disciplined entering and exiting the trades in the slower period. Don't beat yourself up for missing that down move. You were even able to squeeze out some pips in the short correction after down-push.
All that together helped you to make even + 6.7 Pips although you've missed the big down-move. :-bd

Cheers
Michael

[immy]

yes Tracker! you're on track matey!

I felt a bit sorry for you, David and mostly for Kyle. Kyle had two shorts and was stopped out to the last pippet on the slightly uppish move before the drop. but hey tis trading, and it happens. Tomorrow is another day! great experience. Market brings humility to us all , on a daily basis.

Keep going... keep going

[Tracker]

Thank you Michael and Immy for your kind words.
Since I try to match the lot sizes to the risk, I feel much calmer during the trades and are not tempted to move my Stops prematurely. It makes it easier for me to be disciplined.

Regards, Tracker

[Tracker]

What a great NEO session this could have been if would have believed in wave 5, but I preferred to produce the usual picture in this situation. After that nice AA Fruit Short my SL was to close again. Started trailing because I thought the marked was consolidating now, but I am not supposed to think, but trade what I see. So I made some pips, but missed out on the big move, again.

Camp 371: Breakout Short
Trade 1: Breakout Short + 21.8 Pips (RL)
Trade 2: Add On + 37.1 Pips (RL)

Camp 372: Fruit Short
Trade 1: Fruit Short + 18.0 Pips (NL)
Trade 2: Add On + 5.1 Pips (RL)

[Tomi]

would have believed in wave 5

Just a personal comment if I may... You don't have to believe in wave 5. Just take a note that it's a possibility and nothing more. Believe in the setup that you took in the first place and maybe get more confidence of possible wave 5 to stay in the trade if you want. Trade the short one bar at a time. After all you don't know exactly if it's a wave 5 or not. When the bar closes you analyze the situation for few secs and idle for about 55 secs until the next bar closes. After you have really good profits or price starts pushing really away from the gator or price is in the target zone, start looking for exit fruits. Until that, just trade your plan: trail AIMS levels, trail green/red, what ever you are comfortable. By doing that if you get a fruit with an angle but still not a good place to exit yet, why not taking a try for long and keeping shorts running. With this approach you will sometimes miss smaller profits but when the big move comes there's a good possibility to catch that. Then it's the pay day. I'm not saying this is the best or correct way, but it's one way Am I utilizing this way? Doing by best at least, haha.

The exit was not that bad either. There was a fruit, there was some angle. So, no worries. If the market would have shot up, would you be happy?

Anyway, have a nice weekend sir.

[Tracker]

Tried the new Trade Manager on Mondays NEO Session. The way it calculates the position size and and shows the SL is pretty nice, but now the first Add On will always be of a smaller position size than the initial trade, if the stop can't be moved beforehand or am I doing something wrong here.
I also relied on it a little to much. I still should think a little for myself when managing the trade. Some stops should have been way closer, especially Campaign 376. Could not figure out what happened with the SL in Campaign 377. All of sudden I got stopped out.
I was thinking Short the whole session and therefore missed a long Fruit and added on to much. Stayed longer with the charts today which in this case was a good thing as it enabled me to make good for some of the losses with the last Campaign.

Camp 373: Fruit Short
Trade 1: Fruit Short - 7.9 Pips (1.0)
Trade 2: Add On 1 - 21.9 Pips (0.3)
Trade 3: Add On 2 - 25.7 Pips (0.3)

Camp 374: Breakout Long
Trade 1: Breakout Long - 27.7 Pips (0.2)

Camp 375: Breakout Short
Trade 1: Breakout Short - 6.4 Pips (0.2)
Trade 2: Add On 1 - 17.1 Pips (0.2)
Trade 3: Add On 2 - 24.6 Pips (0.2)

Camp 376: Breakout Short
Trade 1: Breakout Short - 30.6 Pips (0.2)
Trade 2: Add On 1 - 21.0 Pips (0.3)
Trade 3: Add On 2 - 30.4 Pips (0.3)

Camp 377: Fruit Short
Trade 1: Fruit Short - 7.2 Pips (0.3)

Camp 378: Fruit Short
Trade 1: Fruit Short + 52.5 Pips (0.5)
Trade 2: Add On 1 + 34.2 Pips (0.5)

[Tracker]

Tuesday's NEO started with a Breakout Long. Unfortunately I pushed the wrong button when I closed the trade and closed the Short order instead of the Buy orders. Reentered Short. Started to trail the candles there into wave 3. Campaign 382 was the Breakout to the long side, but the market just didn't really want to go above the 11000. thought about the breakout short, but stopped trading because I didn't want to trade breakouts in a sideways moving market again. Therefore missed the nice long Fruit.

Camp 379: Breakout Long
Trade 1: Breakout Long + 10.8 Pips (0.2)
Trade 2: Add On 1 + 8.6 Pips (0.3)

Camp 380: Fruit Short
Trade 1: Fruit Short - 0.9 Pips (0.6) (closed by mistake)

-----------------------------------------------------------------------------

Result after the 19th batch of 20 Campaigns: + 3,1 Pips (account growth + 0.26 %)


Discipline score for batch # 19:

Entry score: 15
TM score: 13
Exit score: 13

Camp 381: Fruit Short
Trade 1: Fruit Short + 9.3 Pips (0.5) (second try)

Camp 382: Breakout Long
Trade 1: Breakout Long - 8.8 Pips (0.4)
Trade 2: Add On 1 - 20.9 Pips (0.2)

[immy]

looks like we stopped just before the final big push up! oh well... NEXT