Tom from Leeds's Journal

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
Post Reply
User avatar
tombacon89
AIMSter
AIMSter
Posts: 384
Joined: 05 Feb 2012, 18:26
13

Re: Tom from Leeds's Journal

Unread post by tombacon89 »

Trade 1 this morning - not an aims trade but I have plotted the trade on m1 anyway. I took this as an hourly price action trade for 0.94%

Trade 2 - euro messing around near its overnight low, after the big move this morning I expected it to at least test this level. I took the euro short again for 0.22%. Held my nerve on the drift, I waited for a new lower aims high to form this is why I stayed in. Price failed to break and close below the aims low, 11:08 pin bar. I closed here manually. Of course price went on to do my initial tp but it is what it is.

1.16% growth this morning. Enjoy your weekends
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'

"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Tom from Leeds's Journal

Unread post by immy »

Well Done Tom!

I took the 2nd trade short too, and got 7 pips on the dot.

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! 🍌
User avatar
tombacon89
AIMSter
AIMSter
Posts: 384
Joined: 05 Feb 2012, 18:26
13

Re: Tom from Leeds's Journal

Unread post by tombacon89 »

Nice one Immy, it's good to know I'm getting my entries right these days! Can I ask what made you get out at 7 pips? Cheers
'Do Not let yourself get in the way of your profit producing tools'

"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Tom from Leeds's Journal

Unread post by immy »

Hi Tom

Exit on Blue Dot/Black Dot!

I have posted it in my journal here is the link http://www.itradeaims.net/forum/viewtop ... =250#p9213" onclick="window.open(this.href);return false;

Have a Great Weekend!

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! 🍌
User avatar
tombacon89
AIMSter
AIMSter
Posts: 384
Joined: 05 Feb 2012, 18:26
13

Re: Tom from Leeds's Journal

Unread post by tombacon89 »

Of course!! Thanks immy. Have a great weekend
'Do Not let yourself get in the way of your profit producing tools'

"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
User avatar
tombacon89
AIMSter
AIMSter
Posts: 384
Joined: 05 Feb 2012, 18:26
13

Re: Tom from Leeds's Journal

Unread post by tombacon89 »

Perhaps a bit of a less probable trade this one with the hourly chart in a downtrend, I was looking for the retrace on the hourly back up to a level and was only scalping for 10 pips here. I could have taken a few pips on ao momentum turning green with a manual exit. I was waiting for a higher low to be formed and a continuation long. Manual exit on price crossing and closing below red line.

-0.08%. Happy with my trade management.
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'

"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
User avatar
tombacon89
AIMSter
AIMSter
Posts: 384
Joined: 05 Feb 2012, 18:26
13

Re: Tom from Leeds's Journal

Unread post by tombacon89 »

-1% here. I liked the test of the 60 low, went for a setup 2 short. Didn't manual close on black dot as it was another test of the 60 low and my stop was above it. Unfortunatley my sl was hit. I have felt a bit rushed this morning as my trading session today is shorter than normal. Maybe this has rubbed off on my discipline and I haven't waited for the best setups.
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'

"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
msk185
Free Member
Free Member
Posts: 390
Joined: 22 Dec 2011, 11:22
13

Re: Tom from Leeds's Journal

Unread post by msk185 »

Hi Tom

Hope alls well, I passed on the first setup as it was against H1 but it was a valid setup so well managed and not a big rent. The second setup for me the AO was too old so I waited for a cross back above the zero line and took a an entry at 8.57 uk time, it only made 3 pips but was a cleaner setup IMHO.

Happy new year btw

Mike
User avatar
tombacon89
AIMSter
AIMSter
Posts: 384
Joined: 05 Feb 2012, 18:26
13

Re: Tom from Leeds's Journal

Unread post by tombacon89 »

Hi mike all is well thanks hope you and your family had a good xmas and new year, and are all ok!

I've returned to look at my trade and your right ao is old, and the short move was during a news period so in hindsight I should have perhaps waited until the markets had found their flow again. Well done on the 3 pips they all add up!
'Do Not let yourself get in the way of your profit producing tools'

"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Tom from Leeds's Journal

Unread post by immy »

tombacon89 wrote:-1% here. I liked the test of the 60 low, went for a setup 2 short. Didn't manual close on black dot as it was another test of the 60 low and my stop was above it. Unfortunatley my sl was hit. I have felt a bit rushed this morning as my trading session today is shorter than normal. Maybe this has rubbed off on my discipline and I haven't waited for the best setups.
Luckily on my chart, due to broker difference a fractal was never formed so no aims box, price was still inside, but apart from that, AO had not crossed the ZL yet, so no fresh cross and gator lines were not totally inside aims box. But even that does not matter. The reason I'm posting a reply is because I think you kept the trrade far longer than it should have been. Never forget, we make money not by predicting the market correctly, but by staying in it longer, when its going in our favour (pipwise) and getting out quickly when its going against us (pipwise)

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! 🍌
Post Reply