David's journal

[azadar]

quick update: just when I was about ready to start trading again my computer decided to die on me. Had to RMA the motherboard. Received it today and now everything is working so I will be seeing you all in skype on monday

[immy]

Hi David


Thanks for updating me, I was really gonna send the AIMS police out to get ya!

Hope all is well now! see ya on monday ... its been a bit weird without you...

The 3 Month challenge is waiting on ya!

[azadar]

All is well, dont worry It might be a few more days though. Want to clear a few more things before I start trading again.

[azadar]

Alright its time to get back to the 3 month challenge. Day 1: one rent and one win. DS 2/2

2015-12-15_1324.png

[azadar]

I was expecting a slow boring day until news came out but I was surprised to see a beautiful move during NEO. After news there were a bunch of good setups that I took. Great day overall with DS 5/5. 3 Wins and 2 rents for a total of +4R for the day

NEO session:

2015-12-16_2257.png

US afternnon session (after news):

2015-12-16_2303.png

[azadar]

Another great day, 2 wins and one BE. Took the rest of the day off.

2015-12-17_1345.png

[azadar]

Today really tested my patience. Big moves eventually happened but no signals even after a 100 pts down move followed by a 100 pts retrace. At noon (eastern time) I switched to US30 and got a setup. Wasnt a very good one in hindsight, I probably should have filtered it. I lost my patience and my standards went down enough for me to take this not so great signal. Ended up costing me a rent... Must remain patient or stop trading!

I guess I wanted to add to the great results I have been having this week and kept trading instead of just closing the charts for the week.

Result for the day: one BE and one rent. -1R. DS 1/2

2015-12-18_1347.png

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[immy]

David, there is no such thing like WS30... it just does not exist... Accept it!!! Write it down in your "written trading plan" ... What does part Part 3 of your trading plan say?



This system has been thoroughly tested and optimised for DAX30 on the One Minute Time Frame. Read this again.

[azadar]

Thanks for the feedback Immy. Yes I agree the system is optimized for DAX and I should stick to dax since I only trade 1 chart at a time.

Today was interesting. At NEO I watched a new wave 3 start and then retrace. Everything was perfect for a seed/cherry trade but the signal never came at the top of the first retrace. The candle was almost a seed (price closed on wrong side of channel) and I decided to take the trade anyway. It worked out flawlessly but DS 0 because its not part of my trading plan.

Later during the session there was a big wave that gave a few signals but I filtered everything due to big AO and no retrace.

Result for the day: +2R, DS 0/1

2015-12-21_2020.png

2015-12-21_2036.png

[immy]

Thanks for the feedback Immy. Yes I agree the system is optimized for DAX and I should stick to dax since I only trade 1 chart at a time.

Today was interesting. At NEO I watched a new wave 3 start and then retrace. Everything was perfect for a seed/cherry trade but the signal never came at the top of the first retrace. The candle was almost a seed (price closed on wrong side of channel) and I decided to take the trade anyway. It worked out flawlessly but DS 0 because its not part of my trading plan.

If you are wondering what is it that might be stopping you from achieving consistent success. Let me tell you with the greatest of emphasis. The above paragraph has all the answers that you might be looking for, but are you looking for the answers?