Tomi's friendly market journal

[Tomi]

.

[immy]

Fantastic trade. Guys in the chatroom took the same. Makes me happy

[Tomi]

.

[Tomi]

.

[immy]

wooohoooo

I love it when someone uses Fruit Template for Fruit trades. This means they are READY FOR CHANGE. THEY ACCEPTED the CHANGE and ready to excel. well done. You fully understand the concept of Setup 1 (Higher probability setups are breakout in the direction of higher time frame trends) now when you apply the "Contrarian" theory to it, in a few weeks you will benefit from both Setup 1's (5x trend breakouts) and counter trends. Your profitability will sore.

[Tomi]

.

[Tomi]

.

[immy]

Well done, just wanted to comment on the way you made your entry. Yes with fruits, since the entry criteria is based on only 1 bar , it would be often not possible to put a po, so I use market orders but you have to be very disciplined with market orders as it can get some people into really nasty habits of pulling the trigger every time the market moves a tiny bit. People often gyrate between two extremes from "trigger shy" to "trigger tigers". Its all about balance. another technique I use is to already have a PO awy from current price and just drag and drop when your expected "fruit" is finally completed. works for me.
[remember] check if there were any PO's on your platform before you go for a break. Delete them before you forget. IMP

[Tomi]

.

[Tomi]

.