Siegrid's Journal

[immy]

Trade Number: B3-T18 (#059)

2. Date/Time: 03/11/20 at 04.58   

3. Symbol/TF:    usdchf/M1

4. Signal Type / Direction : S1/buy

5. Comments and Feelings at the Time of Taking The Trade: 

H1:  DS0 for H1.  Box break on H1, but H1 gator not open.

M5:  DS1 for M5.  M5 trending up, open gator and ao surging.

M1: DS1 for M1.  Gator, pl, ao cross all correct.  Box is maybe too big compared to other recent boxes.

6.Comments and Trades After Exiting the Trade: 

Looking back over this batch, all of my reverse trend trades (reverse trend defined as a H1 reversal, e.g., into a W4 on H1) have had limited chances of success compared to trends that are in line with the H1 trend direction.

I think I will put into the next batch that I will only be trading in the direction of the H1 trend (defined as H1 price above/below the purple line in the direction of the H1 trend).  Based on that, I would not take this trade again.

7. DS For this Trade: DS0

8. DS Running Total:  13/18
 
 


 

There are a Million things wrong with this trade... 
1. the TIME of THE DAY (session)
2. Levels to the Left on H1
3. The place of the pullback within the M5 chart (chart is tretched)

NEXT
 
I posted a quick video on Levels to the LEFT 
viewtopic.php?f=3&t=29&start=2840

[vickyp]

Hi Sig
Lovely to have you back, you have been busy on your short time frames.
It amazes me how you do this, I need the slower moving charts!

Shall let you know when I have my scanner sorted for Tv D1 stocks
 
 

[Jasmien]

Hi Sig, 

How are you? Nice to see you here again.

Regards.

Jas