Tomi's friendly market journal

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Tomi
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Re: Tomi's friendly market journal

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immy
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Re: Tomi's friendly market journal

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Tomi wrote:Hmm...previous trade might have been just B wave as Immy stated in his journal. There might be huge W5 waiting for all pip-a-holic aimsters, but my trading was here today and tomorrow I have no chart time. So, on Thursday again fellows! Have fun!
Have a great rest of the day and enjoy the rest of the week.

Remember the LIE keeps changing best correct our lies quickly. Where you're marked ABC, was perhaps a truth when the chart was not printed ahead of it, but then it was a lie. so u must correct yourself. A Strong Belief based ona LIE can get you pips, A Week Belief based on Truth may get you in trouble . such as, missed opportunity, exit too early, exit too late. etc.

cheers

ps: where you used abc, turned into ABC of A down followed by B up and C down, which I trade. We are perhaps going into Wave 5 now. but if its a lie its ok.
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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Tomi
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Tomi
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Tomi
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Tomi wrote:Trade taken by a small mistake, closed immediately: BE
20130214_2.jpg
Good Decision. But warning: your lefty brain may sometimes get you out of good setups as, so the next time it says get out, think again and if there is no reason don't get out, but this time, it was the decision. Well done my friend!

:-bd

btw: have you noticed our lefty scared brain tells us to get into a trade, lest me miss it, and as soon as we are in, it says, get out get out, don't lose money? happend to me all the time. but I have trained it otherwise. still it tries me once or twice a day....
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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immy
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Re: Tomi's friendly market journal

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immy wrote:
Tomi wrote:Trade taken by a small mistake, closed immediately: BE
20130214_2.jpg
Good Decision. But warning: your lefty brain may sometimes get you out of good setups as, so the next time it says get out, think again and if there is no reason don't get out, but this time, it was the decision. Well done my friend!

:-bd

btw: have you noticed our lefty scared brain tells us to get into a trade, lest me miss it, and as soon as we are in, it says, get out get out, don't lose money? happend to me all the time. but I have trained it otherwise. still it tries me once or twice a day....

Oh one more thing, about your observation of PC. Don't forget its an aggressive entry technique and WE BECOME AGGRESSIVE ONLY WHEN THE TREND IS CONFIRMED. AND ITS ONE OF THOSE DAYS WHEN IT JUST GOES AND GOES AND GOES. e.g. today I saw it was H1 setup so i was confident to let it run. I even webbed it, unfortunately I could not let all 4 shorts run but I got a good chunk.
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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Tomi
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Tomi
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immy wrote:have you noticed our lefty scared brain tells us to get into a trade, lest me miss it, and as soon as we are in, it says, get out get out, don't lose money?
All the time! I'm taking it as a learning process and try to tackle it. One way I'm trying is that before the trade is in BE I try to be aggressive closing it. After BE I try to let the trade run to the end. Not there yet, but on the way...!
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Tomi
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