Mike's Journal MSK185

[msk185]

I missed the beautiful setup just after midday, but caught what I hoped to be wave 5 of that move just after US news.

Placed my order just afte rthe news release at 13083, tgt was initially the 15min low and if that broke quickly then the 240low.

I ignored the black dot as no Aims levels were broken and M5 was still heading short. Closed manually for 9 pips (0.9%) as price made a doji close to first target. This may have been a bit premature but turned out to be a good move.

Thank you to intuition for the advice.

That's close enough to my 1% for today, my new regime seems to working so far.

Mood relaxed, patient and trying to be disciplined

Cheers

Mike

1904 1330.gif

1904 1330.gif

[Grant]

:-bd on the exit.

i managed to hold on for a BE trade.... sigh

NEXT

Grant

[msk185]

I was out this morning so no trades in London session.

Watching price in NYO saw this saddle setup which broke long after failing to break short.

Entered at 13197 but moved stop to b/e after 5 pips of profit and price pushed through the 13200. Got stopped at b/e.
Fear led move of the stop so lost my discipline even though it saved me 4 pip rent, is my intuition looking after me again? ?

Cheers

Mike

2004 1430.gif

[immy]

I was out this morning so no trades in London session.

Watching price in NYO saw this saddle setup which broke long after failing to break short.

Entered at 13197 but moved stop to b/e after 5 pips of profit and price pushed through the 13200. Got stopped at b/e.
Fear led move of the stop so lost my discipline even though it saved me 4 pip rent, is my intuition looking after me again? ?

Cheers

Mike

2004 1430.gif

The way to connect to your intuition and through that connect to the "Divine Intelligence" or call it "infinite intelligence" is a Stress-Free Relax Mind. Staying in the now. Focusing only on the positive and the grounded assessments. This helps build that connection. and may help you get in to the state of "Knowing Without Knowing How You Know". in other words THE ZONE!

[msk185]

First trade this week pays the rent of 5pips.

Setup looked good, 5 min open to downside, break of 1 and 5 min levels, unfortunately price retraced and tagged my stop placed 3 pips above the trigger candle.

Be interested if others took this or not as seemed a classic setup

Next one please.

Mike

[Grant]

Yes Mike,

it got me as well, set up in my eyes was good...

as you say NEXT

Grant

[immy]

I saved a rent here somehow...

Luckily I am/was having trouble moving my head (neck-ache) . though I looked at the Setup, I chose not to trade it, simply because m5 trend was extended, Waves was coming back to zero line. I 'thought' it was too early after a peak of Waves to get in. on the other hand I could easily have missed wave 5. Sometims intuition plays its role. So good Setup but Rent Outcome. Traded or not traded both were good decision. In fact i'd say, trading it was better than not trading it. anyway NEXT

[Bettina]

Hi Mike,

I took it also with -5.5.
My diary says : M5 just a little open, but not really, it was within W4.

Bettina

[Herbert]

Hey Mike. Took rent on EURJPY at exactly same moment. -6 as I used fractal top+spread as SL.
Herbert

[msk185]

Hi all

Thanks for your posts, sorry for your respective losses but it is good to know ias not alone in thinking it was setup.

Here's to some good setups this afternoon.

Cheers

Mike