Emma´s Challenge M5

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eaxh
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Phase 1 Trade 14

Unread post by eaxh »

I was back to objectivity and i took this trade. 
looks Valid to me 
trade 14.png
 
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eaxh
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hmmm

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I have a problem... 
I missed this due to that i saw one pullback candle as being impulsive. 

I dont know how i can find the balance between "just taking perfect signals" and "be to mechanical so it become stupid"

We have an example on both today on dax. 

This one was valid. 
and the one i took "trade 13" was too mechanical.
04.10.2022_19.18.38_REC missed trade.png
 
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eaxh
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Re: Emma´s Challenge M5

Unread post by eaxh »

RDarren wrote: 04 Oct 2022, 15:19 You are certainly not a horrible trader, but for me I would of liked a bit more of a momentum candle before the entry just to show the bias has returned to longs, rather than just a small break.  :hug
 

 
Thank you Darren  :hug
 
I agree. this was a weak break.
 
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eaxh
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Re: Emma´s Challenge M5

Unread post by eaxh »

vickyp wrote: 04 Oct 2022, 14:19 Thanks for sharing. Keep going Emma.
 

 
Thank you Vicky :)
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Minsk
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Re: Phase 1 Trade 14

Unread post by Minsk »

eaxh wrote: 04 Oct 2022, 18:15 I was back to objectivity and i took this trade. 
looks Valid to me 
trade 14.png
 

 
it's sad it hits your Sl at BE and then goes up all the way
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Re: hmmm

Unread post by Minsk »

eaxh wrote: 04 Oct 2022, 18:23 I have a problem... 
I missed this due to that i saw one pullback candle as being impulsive. 

I dont know how i can find the balance between "just taking perfect signals" and "be to mechanical so it become stupid"

We have an example on both today on dax. 

This one was valid. 
and the one i took "trade 13" was too mechanical.04.10.2022_19.18.38_REC missed trade.png
 

 
if your rule is to filter this pullback as too impulsive you made the right decision. I would agree, too impulsive. And then it flies without you. It happens. I would not say you filtered for a wrong reason. It's just hindsight that makes you think you missed it.
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Phase 1 Trade 15

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Phase 1 Trade 16

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Phase 1 Trade 17

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Phase 1 Trade 18 and 19

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trade 19.png
 
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