Michael's (zlabis) Journal [The Magician]

[zlabis]

Fri. Oct. 30, 2015

Screen time:
LO-session 09:00 - 11:15 (GMT+1, DST over) M1/M5 DAX only - LIVE

Last day of October was characteristic for last two weeks. There was much patience and discipline necessary for not getting misled by week or invalid signals.
London Open started with some wild up and down moves. It seamed that it wanted to shake off all everyone who dared trying to catch the breakout ;-)

Market didn't move in any direction and stayed in a tight range for more than one hour. On M5 it was easy to spot that it was in possible w4 so I waited for strong breakout before I considered taking any entry.

When it broke the M1 range and the M5 tightning boxes, I was preparing for placing an order. After some very impulsive down candles, it pulled back a little bit and formed a Cherry which bounced off the previous range. I was confident that it would go down but signal got invalidated a few bars later. As it wasn't too good pullback situation, I didn't placed PO at following Seeds and simply canceld PO of Cherry as it got invalidated.

Trade 1:
I was already done with my LO session without any trade as there happened a perfect down Cherry after first reasonable move since LO. Chart was still open in background while I was chatting in Skype, so I got the accoustic alert of Cherry indy and it took me 5 seconds to consider that signal as valid. I pulled the trigger immediately and it rushed through 1:1 level (SL to BE) and it triggered TP with +2.0%.
In this case, I had TP at 2R level because it was neither Monarch signal at the end of possible w1-2 into new w3 nor signal at start of w5 with far enough away TZ1.

I was a bit lucky to catch that nice signal because I usually close chart at the end of my trading session.


Today's result: +16.0p = +2.0% , DS = 1 / 1 , 2.25 hrs

Result of week 44, 26.10.-30.10.2015 - M1/M5 live:
Mon. 26.10. -6.9p = -1.0%, DS = 2/2, 2.00 hrs, M1/M5
Tue. 27.10. -9.0p = -1.0%, DS = 2/3, 2.00 hrs, M1/M5
Wed. 28.10. -10.0p = -1.0%, DS = 1/1, 2.00 hrs, M1/M5
Thu. 29.10. +40.0p = +3.0%, DS = 3/3, 2.00 hrs, M1/M5
Fri . 30.10. +16.0p = +2.0%, DS = 1/1, 2.25 hrs, M1/M5
-----------------------------------------------------------------------------------------------------------------------------------
Result ...... +30.1p = +3.0% (with compounding), DS = 9 /10 (90%), 10.25 hrs


This week offered some very good lessons for patience and discipline of waiting for good and clear signals and for not getting confused by signals during non-moving low-volatility periods during LO sessions. Additionally a couple of valid signals failed what can be sometimes challanging for having faith and confidence in our system.
But periods like recent two weeks with many failed or invalidated signals show very clearly that
1. we are well protected by our risk- and money-management with max.1% pos size and daily, weekly and monthly stop levels
2. we need to continue following our plan STRICTLY without changing system after a series of rents. I'm even more strict at following my rules during "more difficult" periods.
The best thing after "surviving" such periods is the huge gain of confidence and trust into our system.

[zlabis]

RESULT OF OKTOBER 2015
Week 40: + 90.6 Pips = +15.5%, DS = 5/7, 6.25 hrs (Apple/Seed/Cherry)
Week 41: + 145.1 Pips = +18.4%, DS = 21/23, 11.50 hrs (Apple/Seed/Cherry)
Week 42: + 83.6 Pips = +8.3%, DS = 6/6, 5.50 hrs (Apple/Seed/Cherry)
Week 43: + 54.8 Pips = +8.2%, DS = 7/7, 9.75 hrs (Apple/Seed/Cherry)
Week 44: + 30.1 Pips = +3.0%, DS = 9/10, 10.25 hrs (Apple/Seed/Cherry)
----------------------------------------------------------------------------------------
Result: + 404.2 Pips = + 69.7% (with compounding), DS = 48/53 (91%), 43.25 hrs


Statistics of setups:

Seeds:
14 Trades - 6 winners/3 BEs/4 rents
+59,8 points = +8.1% (compounded)
PF (99.9/40.4) = 2,5

Cherries:
25 trades - 9 winners/8 BEs/7 rents
+120.9 points = +12,1 (compounded)
PF (184.3/63.4) = 2.9

Adam's Apple Fruits:
10 trades - 5 winners/2 BEs/3 rents
+139,9 points = +15.8% (compounded)
PF (164.8/24.9) = 6.6

Momentum Seeds:
1 trade - 1 winner
+20.4 points = +1.9%

Classic breakout:
1 trade - 1 winner
+60.6 points = +10.1%

[Nikita]

(wd) No comments (wd)

[immy]

This means you've more than doubled your account in the last 2 months?

[MagicMurph]

Michael ... a true inspiration for me .. really .. well done mate !!!

[mirgi]

Perfect

[zlabis]

thank you for your kind words, guys )

[zlabis]

Mon. Nov. 2 to Thu. Nov. 5, 2015

Screen time:
LO-session 09:00 - 11:00 every day (GMT+1, DST over) M1/M5 DAX only - LIVE

I'm very busy work wise at the moment so only screenshots of last 4 trading days. Was great and tried to stay disciplined.

Results this week so far:
Mon., 2.11.2015: +15.0p = +2.0%, DS = 1/1, 2.00 hrs
Tue., 3.11.2015: -14.0p = -1.2%, DS = 1/1, 2.00 hrs
Wed., 4.11.2015: +/-0.0p = +/-0.0%, DS = 1/1, 2.00 hrs
Thu., 5.11.2015: +14.0p = +1.0%, DS = 2/2, 2.00 hrs

[Tomi]

Maybe I'll start some perception and focus training (i.e. juggling) like mentioned in the great, from Tomi recommended, TV-docu-series "Redsign you Brain" to stay more focused and "alerted" (in a most positive manner).

That series is a great fun. I have been hooked by brain related issues always and that was definitely a series for me. Try juggling, it's fun. I'm going back and forth in the apartment and juggling. When in the phone, bouncing a ball with feet, juggle, use diabolo..you name it. Something to do when mom is telling her stories, haha.

Related to the series I have always had some strange "hobbies". The kid is doing these also (unfortunately or fortunately). Like using least dominating hand the whole day. The boy got negative feedback from the school one day because he was not using knife and used only fork when eating. The reason was the he tried to use only one arm whole day. It was not my idea and I heard it after the school. That's my boy all right!

Todd Sampson's brain exercises can be found from brainhq.com. Personally I like more lumosity.com stuff. Both have free exercises available.

This week I have done lot of day's activities with eyes closed. Many things can be done quite easily. Call me crazy, I don't care, it's a lifetime hobby for me ~o)

[zlabis]

Fri. Nov. 6, 2015

Screen time:
LO-session 09:00 - 11:00 every day (GMT+1, DST over) M1/M5 DAX only - LIVE

Today was nothing to trade manually for me. Automated LO trades on DAX and FTSE worked out nicely with +2% each, so I was not too eager to take trades in tight range.

Today's result: not trades, 2.00 hrs

Result of week 45, 02.11.-06.11.2015 - M1/M5 live:
Mon. 02.11. +15.0p = +2.0%, DS = 1/1, 2.00 hrs, M1/M5
Tue. 03.11. -14.0p = -1.2%, DS = 1/1, 2.00 hrs, M1/M5
Wed. 04.11. 0.0p = 0.0%, DS = 1/1, 2.00 hrs, M1/M5
Thu. 05.11. +14.0p = +1.0%, DS = 2/2, 2.00 hrs, M1/M5
Fri . 06.11. no trades taken, 2.00 hrs, M1/M5
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Result ...... +15.0p = +1.8% (with compounding), DS = 5 / 5 (100%), 10.00 hrs