Minsk T20 - Banana 1H

[Minsk]

Tuesday  no setups.
wednesday everything was waiting for red news in the evening, nothing during the day.
I wish I could post something else, "no trade" is getting boring. 
I am looking at D1 as well now, candle close is just at an ackward time for my timezone.

[Minsk]

no trades

[Minsk]

1 - Trade Number: B4 -T18
2 - Pair Name: USD - JPY
3 - Signal Date: 22-9-2022
4 - Signal Chart Time: 20:00
5 - Signal Time Frame: 1H
6 - Signal Type and Number: #4
7 - Buy or Sell: Sell 

8 - H1 Trend:  day after huge news candle down, trend is down 

9 - Risk Percentage: 1% 

Flowchart questions:
A - Is there an impulse move?
yes after a huge news candle and a retrace candle there are 3 trend candles downwards

B - Is impulse move climactic?
no not climactic, looking short term. 

C - Is there a pause or a pullback?
there is a 4 candles pullback, not too far back up.

D - Is the pullback impulsieve?
no  

12 - Post-Trade Comments: (Feelings, Analysis, What could have been differently, lessons)
I was making dinner when I saw Immy pointing this signal out in discord. I did think about it before putting a PO on it. SL got hit. I don't think this was a wrong trade to take.


13 - Discipline Score For this Trade: DS1 
13.1- If applicable, what is the Reason for DS0:  

14 - Discipline Score Running Total: 12/18 = 0,67
 

[Minsk]

This batch contains 18 trades. That's not the full 20, but starting next week I will switch to Daily timeframe.
Work is too much in the way right now for me to be able to check the charts every hour. 

So an evaluation will follow about this slightly smaller batch.

[immy]

This batch contains 18 trades. That's not the full 20, but starting next week I will switch to Daily timeframe.
Work is too much in the way right now for me to be able to check the charts every hour. 

So an evaluation will follow about this slightly smaller batch.

 

Suggestions. 

Do not take profits ... go with open trades and always add on when there is next signal and SL has been moved to Be on the first entry. 

Daily is a tremendous time frame but you have to MAXIMISE your profits by adding on to your trades. 

 

[Minsk]

This batch contains 18 trades. That's not the full 20, but starting next week I will switch to Daily timeframe.
Work is too much in the way right now for me to be able to check the charts every hour. 

So an evaluation will follow about this slightly smaller batch.


 

Suggestions. 

Do not take profits ... go with open trades and always add on when there is next signal and SL has been moved to Be on the first entry. 

Daily is a tremendous time frame but you have to MAXIMISE your profits by adding on to your trades. 

 

 

Thank you for that tip. I will remove the TP from my ATM. 
And add on at every good signal
 

[Minsk]

A H1 trade, finally.
Ongoing trend up. Nice small seed.

Banana Flowchart questions: 
Is there a signal?
Yes

Is there a Breakout or a trend?
There is a trend.

Is there a correct Banana pattern?
It's not a perfect A+ setup. TRTTP

Is entry clear of levels to the left?
Yes 
 
Running DS1:  13/19 = 68,42%
 
 
+3R

[Minsk]

 5-1-2023 
GBP-USD Banana #3
Good impulse, good pullback.
Cleared the green box level. Hit 5R.

DS1

 

5-1-2023 entry.png

 

5-1-2023 result.png