Siegrid's Journal

[rcrglmd]

Hi Sig

Good to see you here,
I saw Jas for a quick coffee on Friday and we were only talking about you, wondering how you were going!
Vicky

Hey Vicky!

Thank you for the hello. I'm going to try to post up all my trades and keep myself honest (you wouldn't think it would be that difficult, but for me it is). I love looking at both your journals, you are both so consistent, amazing!

[rcrglmd]

Trade Number: B1-T7 (#037)
2. Date/Time: 14/09/20 03.54
3. Symbol/TF: audnzd
4. Signal Type / Direction : S1/sell
5. Comments and Feelings at the Time of Taking The Trade: Nice downtrend on M5, with a pull back of price to the green line on M5. Dropping to M1, all S1 conditions met (red dot, gator cross, ao cross, purple line correct).
6.Comments and Trades After Exiting the Trade: I would take this set up again.
7. DS For this Trade: DS1
8. DS Running Total: 4/7

[rcrglmd]

Trade Number: B1-T8 (#849)
2. Date/Time: 14/09/20 11.09
3. Symbol/TF: euraud
4. Signal Type / Direction : S1/buy
5. Comments and Feelings at the Time of Taking The Trade: H1 aims box break with big green candle. Nice pull back on M5 to the green line without price touching the green line (I like this set up on M5 the best, rather than price crossing the green line, was happy to see this). All S1 conditions met on M1 (dot, ao cross, gator cross, purple line correct). My entry was not to procedure. ATM changed from swing to limit, but I bought anyway.
6.Comments and Trades After Exiting the Trade: Looking back at the H1 chart, there was resistance to the left (top of the aims box) and this was where price faltered. Maybe I should take more notice to things like this?
7. DS For this Trade: DS1
8. DS Running Total: 5/8

[rcrglmd]

Trade Number: B1-T9 (#185)
2. Date/Time: 14/09/20 11.02
3. Symbol/TF: usdjpy
4. Signal Type / Direction : S1/sell
5. Comments and Feelings at the Time of Taking The Trade: I knew I should not have taken this trade. While there was a H1 break, it wasn’t “clean”, the M5 price chart wasn't clean either (to me), and while there was an S1 on M1 (dot, gator, ao, pl), it didn’t conform to the ideal picture of a nice smooth run down, then a pull back.
6.Comments and Trades After Exiting the Trade: Felt very lucky that it got to breakeven.
7. DS For this Trade: DS0
8. DS Running Total: 5/9

[rcrglmd]

Trade Number: B1-T10 (#170)
2. Date/Time: 14/09/20 12.04
3. Symbol/TF: gbpaud/M1
4. Signal Type / Direction : S1/buy
5. Comments and Feelings at the Time of Taking The Trade: Small candle out of H1 box, into W4 on H1. Knew that I was trading into W4 on H1. Second candle out of H1 was strong, which was good. Nice pull back to the green line on M5. Nice S1 on M1 (dot, gator, ao cross, purple line all correct).
6.Comments and Trades After Exiting the Trade: Would take this again – But, see next trade, next trade was taken a minute later and was gbpcad, so I’m pretty sure, given the price action was very similar, that I was effectively taking the same trade twice (e.g., gbpaud and gbpcad are kind of like trading the same thing?), so maybe not the best idea...
7. DS For this Trade: I would take this again (except for the double up thing, if that’s an issue with gbpaud & gbpcad).
8. DS Running Total: 6/10

[rcrglmd]

Trade Number: B1-T11 (#345)
2. Date/Time: 14/09/20 12.05
3. Symbol/TF: gbpcad/M1
4. Signal Type / Direction : S1/buy
5. Comments and Feelings at the Time of Taking The Trade: Nice breakout on H1, but into W4 on H1. Second candle out of box on H1 was also big. On M5 candle tails crossed the green line, but not the body of the candle (prefer no crossing of the green line on M5), S1 on M1 looked great (dot, gator, pl, ao, all correct).
6.Comments and Trades After Exiting the Trade: I would take this set up again, but if gbpcad/gbpaud is like trading the same thing (the pattern of movement on both charts was similar), then I would have needed to just pick one. I was pretty sure this one was going to stop out as the gbpaud did just prior, and I was kicking myself for what I though was likely doubling up on risk. Luckily the lower stop meant this trade kept going, whereas gbpaud got stopped out prior to the run up.
7. DS For this Trade: DS1
8. DS Running Total: 7/11

[rcrglmd]

Trade Number: B1-T12 (#385)
2. Date/Time: 14/09/20 14.06
3. Symbol/TF: eurusd/M1
4. Signal Type / Direction : S1/buy
5. Comments and Feelings at the Time of Taking The Trade: Stepping into overtrading territory here. Should have stopped trading after the last trade. Breakout on H1 was a few candles ago. I have toyed with placing a line under a large candle H1 candle after a H1 breakout (like the yellow line shown) and then taking a trade on M1 if I see a nice trend up on M5 and M1. But the trend usually looks smoother on the LTFs. My other concern at the time of placing this trade was the resistance on H1 to the left (see the white line on the top of the H1 aims box to the left). I rationalised my entry on M1 by saying that the entry was above the H1 resistance, and so it was okay, which maybe it was. All S1 criteria in place (dot, ao cross, gator, purple line).
6.Comments and Trades After Exiting the Trade: I should have stopped trading and not take this trade. I’d already placed five trades prior to this one. I’m really not sure if I should have taken this one based on the setup. I think I would probably take it again if I saw it. But I know there are better looking set ups out there.
7. DS For this Trade: I’m giving it a DS0, because it’s a variation on the smooth S1 set up I’m trying to find and trade.
8. DS Running Total: 7/12

[rcrglmd]

Trade Number: B1-T13 (#612)
2. Date/Time: 15/09/20/07.13
3. Symbol/TF: eurusd/M1
4. Signal Type / Direction : S1/buy
5. Comments and Feelings at the Time of Taking The Trade: Nice trend up on H1 after H1 box break. I had concerns regarding the resistance on H1 from the AIMS box to the left (I’ve marked the top of the box with a white line). Nice trend up on M5. Price came back to the green line on M5 but did not cross it. On M1 all S1 criteria were met (dot, gator, ao, purple line). I noted the ao on M1 was getting smaller prior to entry. I kind of assume this means that the trend is running out of momentum, but I’m not really sure if this is the correct way of understanding it. Anyway, I was pretty sure this one was going to stop out, was pleasantly surprised when it didn't
6.Comments and Trades After Exiting the Trade: The nice smooth trend up on H1, M5 & M1 means that this is a good setup for me.
7. DS For this Trade: DS1
8. DS Running Total: 8/13

[rcrglmd]

Trade Number: B1-T14 (#924)
2. Date/Time: 15/09/20 - 06.00
3. Symbol/TF: audchf/M1
4. Signal Type / Direction : S1/buy
5. Comments and Feelings at the Time of Taking The Trade: Huge big green candle breaking out of H1 box. Wasn’t hugely out of H1 so I was a bit unsure. On M5 price crossed the green line with two candle bodies below the green line. I don’t really like it when the candle body crosses the green line on M5. On M1 I couldn’t make up my mind to take this or not, because price was getting too close to the purple line for me (candle bodies crossing the green line on M5). I deleted the first and last entries shown, but left the middle one in, because its entry was a bit higher than the last one and I figured that if it triggered it may have a better chance of continuing up. Again, I was pretty sure, because price wasn’t moving very much, that it was going to stop out on me. Happy that it didn’t.
6.Comments and Trades After Exiting the Trade: Glad I didn’t get stopped out.
7. DS For this Trade: DS0 because of the crossing of the candle bodies over the green line on M5.
8. DS Running Total: 8/14

[rcrglmd]

After over trading yesterday, I'm stopping now for today (unless I see a really lovely breakout on H1 )

Feel really lucky to have two trades in a row that haven't stopped out on me.