06/11/18
Batch 6
Trade 03
FRA40 H1 Long
S1, out at SL.
End result was -1R
R result to date for this batch: -1R
DS score for batch: 2/3
Overall total R score: (all batches) +15R
Vicky's Journals
-
vickyp
- AIMSter
- Posts: 485
- Joined: 30 Aug 2017, 14:58
- 8
Re: Vicky's Journals
You do not have the required permissions to view the files attached to this post.
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
-
vickyp
- AIMSter
- Posts: 485
- Joined: 30 Aug 2017, 14:58
- 8
Re: Vicky's Journals
07/11/18
Batch 6
Trade 04
Nzd/Usd H1 Long
S1, good spike to TZ line.
End result was +2R (just under as went to TZ line)
R result to date for this batch: +1R
DS score for batch: 3/4
Overall total R score: (all batches) +17R
Batch 6
Trade 04
Nzd/Usd H1 Long
S1, good spike to TZ line.
End result was +2R (just under as went to TZ line)
R result to date for this batch: +1R
DS score for batch: 3/4
Overall total R score: (all batches) +17R
You do not have the required permissions to view the files attached to this post.
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
-
vickyp
- AIMSter
- Posts: 485
- Joined: 30 Aug 2017, 14:58
- 8
Re: Vicky's Journals
07/11/18
Batch 6
Trade 05
Aud/Usd H1 Long
S1, slow and steady.
End result was +2R
R result to date for this batch: +3R
DS score for batch: 4/5
Overall total R score: (all batches) +19R
Batch 6
Trade 05
Aud/Usd H1 Long
S1, slow and steady.
End result was +2R
R result to date for this batch: +3R
DS score for batch: 4/5
Overall total R score: (all batches) +19R
You do not have the required permissions to view the files attached to this post.
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
-
vickyp
- AIMSter
- Posts: 485
- Joined: 30 Aug 2017, 14:58
- 8
Re: Vicky's Journals
07/11/18
Batch 6
Trade 06
HK50 H1 Long
S1, good start out at BE.
End result was BE
R result to date for this batch: +3R
DS score for batch: 5/6
Overall total R score: (all batches) +19R
Batch 6
Trade 06
HK50 H1 Long
S1, good start out at BE.
End result was BE
R result to date for this batch: +3R
DS score for batch: 5/6
Overall total R score: (all batches) +19R
You do not have the required permissions to view the files attached to this post.
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
-
vickyp
- AIMSter
- Posts: 485
- Joined: 30 Aug 2017, 14:58
- 8
Re: Vicky's Journals
Thanks Immy, I just noticed I am at stage 2!
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: Vicky's Journals
Nothing wrong with the setup , as such. but here is a thought.vickyp wrote: 06 Nov 2018, 12:34 05/11/18
Batch 6
Trade 02
US2000 H1 Long
S1, started ok. I used the T Fractal key for the first time, SL adjusted a little. Out at SL just under my full 1R loss.
End result was -1R
R result to date for this batch: 0R
DS score for batch: 1/2
Overall total R score: (all batches) +16R
Is that the Russell 2000? I didn't know if anyone even quote it on MT4. Best thing is to stick to main markets, imho.
I'll trade SP500 , Dow, Nasdaq - out of the US indices, Dax for Europe. AU200. But I focus on forex more.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
vickyp
- AIMSter
- Posts: 485
- Joined: 30 Aug 2017, 14:58
- 8
Re: Vicky's Journals
Yes it is, I have had it on my list for awhile.Is that the Russell 2000? I didn't know if anyone even quote it on MT4.
I cut back on my FX pairs as I had too many and they were working against each other.
So maybe I need to cut back some of my indexes as well.
There are a few like the UK that with my risk and being a 1 size postion I can not get into yet.
I am still learning to read the waves and work out where they are headed next, I guess this will come with time and practise?
Thanks Immy
Vicky
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: Vicky's Journals
Yes, you are working on the most important WAVE that we trade. The Wave 5. You do it automatically by trading the Setup 1 and AIMing for TZ1. While doing that you have learned how to spot 3 and 4 using quick 10s ewave analysis.
The best combination of H4 charts in my opinion is to go for only the Majors and Major Crosses. (no ZAR or SGD stuff).
Plus if you have a bigger spread/commission for a pair, that goes out of the list as well.
do not track more than 20 charts under any circumstances.
let the 12-16 be forex and the rest can be 2-3 indices, 1-2 metals, 1 oil. that would do.
e.g. that's enough , it covers everything. even though I think one can chose just 2 indices. pick one from europe, only one in this chart, and one from US, could be SP, Dow or Nasdaq or 2 from US.
doesn't have to be a round number of pairs. You will not trade more than 2-4 trades simultaneously anyway. and that if they are not in correlated market.
eg. EUR/AUD, GBP/AUD, AUD/USD all have signals, then chose the best looking picture and ignore the rest. or split 1R risk by 2 so you can hedge it. but since your account is small you should pick one. I'll go for best looking chart.
And yes the more batches of trades you get under your belt the more "personal data" you will have, upon which you cna build and conquer. Trading tells you about you first and foremost. It reveals your own underlying structure for you to see. And then either try to modify it or fit the outer or a bit of both to make a perfect match.
hope this helps.
The best combination of H4 charts in my opinion is to go for only the Majors and Major Crosses. (no ZAR or SGD stuff).
Plus if you have a bigger spread/commission for a pair, that goes out of the list as well.
do not track more than 20 charts under any circumstances.
let the 12-16 be forex and the rest can be 2-3 indices, 1-2 metals, 1 oil. that would do.
e.g. that's enough , it covers everything. even though I think one can chose just 2 indices. pick one from europe, only one in this chart, and one from US, could be SP, Dow or Nasdaq or 2 from US.
doesn't have to be a round number of pairs. You will not trade more than 2-4 trades simultaneously anyway. and that if they are not in correlated market.
eg. EUR/AUD, GBP/AUD, AUD/USD all have signals, then chose the best looking picture and ignore the rest. or split 1R risk by 2 so you can hedge it. but since your account is small you should pick one. I'll go for best looking chart.
And yes the more batches of trades you get under your belt the more "personal data" you will have, upon which you cna build and conquer. Trading tells you about you first and foremost. It reveals your own underlying structure for you to see. And then either try to modify it or fit the outer or a bit of both to make a perfect match.
hope this helps.
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
vickyp
- AIMSter
- Posts: 485
- Joined: 30 Aug 2017, 14:58
- 8
Re: Vicky's Journals
Thanks Immy, I have re jigged my list, and slimmed the indexes.
I now have 19 in total, mostly FX.
I think the next thing I need to work on is, the wave formation. Sometimes the wave 3 comes to an end, the next colour starts and I think great W4 is here, and then it just bounces back into the same wave 3 again, and doesn't take off in the opposite direction that I was reading.
These long W3 look good if you get in at the beginning, but otherwise they bounce around and don't push to the W5 which we are looking for.
I have just been taken in by a couple of these in the last couple of days, only to end at SL.
I now have 19 in total, mostly FX.
I think the next thing I need to work on is, the wave formation. Sometimes the wave 3 comes to an end, the next colour starts and I think great W4 is here, and then it just bounces back into the same wave 3 again, and doesn't take off in the opposite direction that I was reading.
These long W3 look good if you get in at the beginning, but otherwise they bounce around and don't push to the W5 which we are looking for.
I have just been taken in by a couple of these in the last couple of days, only to end at SL.
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
-
vickyp
- AIMSter
- Posts: 485
- Joined: 30 Aug 2017, 14:58
- 8
Re: Vicky's Journals
08/11/18
Batch 6
Trade 07
FRA40 H1 Long (FRA40 now removed from my Index list)
S2, Green dot, started well, out at BE.
End result was BE
R result to date for this batch: +3R
DS score for batch: 6/7
Overall total R score: (all batches) +19R
Batch 6
Trade 07
FRA40 H1 Long (FRA40 now removed from my Index list)
S2, Green dot, started well, out at BE.
End result was BE
R result to date for this batch: +3R
DS score for batch: 6/7
Overall total R score: (all batches) +19R
You do not have the required permissions to view the files attached to this post.
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"