Murph's Trading Journal

[MagicMurph]

Tuesday Oct 27th 2015
Morning Session 7.30am – 9.30am (2hr hours)

Trade #17: (Cherry)
Buy @10790
SL 12
TP 24pips
Result: -12 pips (-1R)
DS 1 (# of DS Scores To Date: 12.5/17)
Comment: good trade
Running Total BE(7),TP(6),SL(4) - running total is +8R profit

[MagicMurph]

Wednesday Oct 28th 2015

Morning Session 9.00am – 10.00am (1hr hours)

Trade #18: (Cherry)
Buy @10778
SL 7
TP 14pips
Result: 0 pips (0R)
DS 1 (# of DS Scores To Date: 13.5/18)
Comment: Immy didnt take that trade as he said that it was end of session and that the cherry was inside the gator.
Running Total BE(8),TP(6),SL(4) - running total is +8R profit

[MagicMurph]

Thursday Oct 29th 2015

Morning Session 8.00am – 9.30am (1hr 30mins)

Trade #19: (Cherry)
Buy @10872
SL 11
TP 22pips
Result: -11 pips (-1R)
DS 0
DS Score to date is 13.5/19
Comment: should not of taken trade as too close to TZ1 mainly and also gator wasnt open really
Running Total BE(8),TP(6),SL(5)
Running P/L +7R profit

[immy]

Thursday Oct 29th 2015

Morning Session 8.00am – 9.30am (1hr 30mins)

Trade #19: (Cherry)
Buy @10872
SL 11
TP 22pips
Result: -11 pips (-1R)
DS 0
DS Score to date is 13.5/19
Comment: should not of taken trade as too close to TZ1 mainly and also gator wasnt open really
Running Total BE(8),TP(6),SL(5)
Running P/L +7R profit

[18:53:19] Immy - AIMS: Murph! how did you divide one in to halves? DS 13.5
[18:54:07] Immy - AIMS: 14 out of 13 out of 19 just acceptable score. however you can't think of adding fruit or this and that, until you get 18 out of 20 5 times in a row in 3 months.
[18:54:28] Immy - AIMS: but once you achieve that, the effect on yoru account will be so amazing you won't change a thing.
[18:55:01] Immy - AIMS: the t rade you took and I filtered... also helped us filter a winner. this is how it goes

[MagicMurph]

BATCH #2 for T20's
GOAL is to achieve 18/20 DS Score

Wednesday Nov 4th 2015

Morning Session 8.00am – 10.00am (2hr)

Trade #1: (Cherry)
Buy @10981
SL 8
TP 16pips
Result: 0 pips (0R)
DS 1
Comment: I didnt take the previous seed as the price had not pulled back enough and MZ had commented also afterwards that the price was tarding sideways.

[MagicMurph]

Tuesday Nov 9th 201

Trade #2 (Cherry)
Sell: 10959
SL 10974
TP 10929
Result -15pips (-1R)
DS Score 1
Comment MZ said: I filtered last Cherry (10:12) because it was right after a very strong up Fruit and only a one-bar pullback. "best" Cherries are at the end of a zig-zag correction which are automatically PCs. Grant said "an experienced eye would of seen the previous bullish engulfing candle which is an early warning of slowing momentum to the downside

[MagicMurph]

Tuesday Nov 10th 2015

Trade #3 (Cherry)
Sell: 10803
SL 10810
TP 10791
Result -7pips (-1R)
DS Score 1
Comment Good trade despite the result

Trade #4 (Seed)
Sell: 10798
SL 10810
TP 10786
Result 0pips (0R)
DS Score 1
Comment Good trade

[immy]

You are swiftly turning into a pro matey! I love Skype for this reason. I am able to transmit the knowledge in relatively short span of time and more efficientl yand effectivley. I remember only a few weeks ago you did not have any idea of Setup 1, let alone the seed! And now you're on your way. But we are not done yet. We need to nail this setup a 1000 times. So that it becomes second nature. We need to continue following the likes of Grant and Zlabinger, keeping them as a beacon and keep prodding ahead on trade at a time... (clap)

[MagicMurph]

Friday Nov 13th 2015

Trade #5 (Seed/Cherry)
Buy: 10789
SL 10782
TP 10806
Result -7pips (-1R)
DS Score 0
Comment It was pointed out to me that my ATM buffer settings were all wrong. I just hadn't thought of the fact that the seed/cherry strategy meant that the price has to make a new high compared to the previous bar. So in my case, when the price was equal to the high of the previous bar, the trade got triggered. It shouldnt of been triggered as we need the price to go 1pip above the previous bar (hence a 2 pip buffer setting and not 1 ). Can’t believe I didn’t think this out.

Trade #6 (Seed/Cherry)
Buy: 10774
SL 10766 (8pips)
TP 10790
Result -8pips (-1R)
DS Score 1
Comment: According to my trading plan (based on Seed Flow Chart) this was a valid trade. But I know it wasnt the highest of probability. Hence i asked the group. Mirgi's comment now means that I am adding the following into the plan "Is purple on the CTF outside the AIMS box? Is the Gator green/red lines not touching and smoothly angling either up or down?
If price is near/close to purple .. that means that M5 is sleeping

[immy]

No Murph! you don't change anything until you complete 5 batches of T20. That is the whole f***g concept of T20. No changes midway!

No changes. If your rules said it was a setup, you took it, you have DS1. NEXT

Stop trying to avoid rents. It does not work like that!

forward and onward !

ps: had you not covered the m5 chart with that narration you'd have seen on the m5 chart where the rules of volatility were not met. But if you took it or did not take it both are fine in the long run. As a rule, if I "perceive" a validated and filtered setup as iffy i will listen to my heart. But I will not listen to my heart/intuition while I don't know if I'm competent enough. "Dont wait for the feel right" feeling. You will do that when you have 1000T's under your belt! If you've been consistently losing so far, your "feel right" will get you exactly that. More bad trades... does it make sense?