When your not sure, don't take it, and when you take a trade without being absolutely confident your discipline is 0. Don't predict the market, flow with it, and don't worry about bad (insufficient) analysis, focus on consistency.Jasmien wrote:U/J short.
I won't score here as I am not sure if I should have taken it prices had already moved far down however ewave had crossed up again and looked like giving me a new wave 5 down.
Jasmien's Journals.
-
acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
Re: Jasmien's Journals.
-
Jasmien
- AIMSter
- Posts: 796
- Joined: 28 Apr 2016, 14:46
- 9
Re: Jasmien's Journals.
GbpUsd short
Entry signal: 16-9-2016
triggered at LO.
Risk 35 pips
TP 2:1 reached.
I was happy and confident with what I saw and took signal.
DS15/17
Entry signal: 16-9-2016
triggered at LO.
Risk 35 pips
TP 2:1 reached.
I was happy and confident with what I saw and took signal.
DS15/17
You do not have the required permissions to view the files attached to this post.
Last edited by Jasmien on 19 Sep 2016, 15:04, edited 1 time in total.
-
Jasmien
- AIMSter
- Posts: 796
- Joined: 28 Apr 2016, 14:46
- 9
Re: Jasmien's Journals.
USD/JPY short
Entry: 19-9-2016
Triggered at 4:00
2:1
At breakeven now.
DS 16/18
Entry: 19-9-2016
Triggered at 4:00
2:1
At breakeven now.
DS 16/18
You do not have the required permissions to view the files attached to this post.
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Jasmien's Journals.
Good trading Jasmien... You're doing great and you will go to the NEXT LEVEL... soon
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
Jasmien
- AIMSter
- Posts: 796
- Joined: 28 Apr 2016, 14:46
- 9
Re: Jasmien's Journals.
E/U short
20-9-2016
Entry signal: 15:00 GMT was rather late, I happen to see it so took it. But Immy didn't approve of trading outside of these hours.
Triggered:17:00 GMT
2:1
TP reached.
I felt good about this setup, a wave 5 was something I could see happening, followed plan other that the "Time". Happy
DS 18/20
20-9-2016
Entry signal: 15:00 GMT was rather late, I happen to see it so took it. But Immy didn't approve of trading outside of these hours.
Triggered:17:00 GMT
2:1
TP reached.
I felt good about this setup, a wave 5 was something I could see happening, followed plan other that the "Time". Happy
DS 18/20
-
Jasmien
- AIMSter
- Posts: 796
- Joined: 28 Apr 2016, 14:46
- 9
Re: Jasmien's Journals.
Thanks Immy ;-) I really enjoy being on Skype, wouldn't be doing great if it wasn't for Skype group.immy wrote:Good trading Jasmien... You're doing great and you will go to the NEXT LEVEL... soon
I am happy to continue with my next T20 batch. This batch was 80%. I was just wondering if I could please add a T20 on H1 Hunt as well, as I've got the time and I also keep filtering valid hunt signals a little easier now as when I started. Adding Hunt will also prevent me from overtrading setup's
) Cheers.
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Jasmien's Journals.
I'd like to see another Setup 1 batch completed please. this time we want to see 100% DS. if you achieve 100% we talk about the next step. ok!!!! patience love
ps: adding hunt would stop you from over trading? you mean you will be taking more trades but that taking more trades is actually not over trading? where is the logic in this? or am I missing something...
ps: adding hunt would stop you from over trading? you mean you will be taking more trades but that taking more trades is actually not over trading? where is the logic in this? or am I missing something...
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
Jasmien
- AIMSter
- Posts: 796
- Joined: 28 Apr 2016, 14:46
- 9
Re: Jasmien's Journals.
immy wrote:I'd like to see another Setup 1 batch completed please. this time we want to see 100% DS. if you achieve 100% we talk about the next step. ok!!!! patience love
ps: adding hunt would stop you from over trading? you mean you will be taking more trades but that taking more trades is actually not over trading? where is the logic in this? or am I missing something...
Done, I'll be doing another setup 1 batch
) You haven't missed anything just my wording. I meant to write I wouldn't be as eager to take every setup if I had something else to add, there were some quite times with setup's and I just love taking valid signals (personality thing). Thank you Immy.
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Jasmien's Journals.
Still waiting for your post which states, overall results for your T20. #wins #losses #over score in terms of profit and loss and your observation. Its not futile exercise. One day you will tell people how you completed these T20's and how it changed how you traded forever...
cheers
cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
Jasmien
- AIMSter
- Posts: 796
- Joined: 28 Apr 2016, 14:46
- 9
Re: Jasmien's Journals.
Thanks for reading my Journal.
My first T20 results were:
Most boxes were between 25-50pips. I tried to go for the ones which a tight however I tried to observers wether the box is relatively smaller than the other boxes on chart e.g a 55 pip box on G/J could be qualified as small box as most of them are much larger.
I had "8" B/E trades.
"6 R" losses, in hindsight they were trades I should have skipped but I was too eager to jump in.
I had a total 6-trades reached TP.
I'm up about $225.
Overall I feel more confident in spotting a valid signal, but never 100% certain. Once I can see a clear wave 3 and than a 4 this is normally the best part for me as I can go into a wave 5. I've also been looking at H4 charts and tried to see if I can spot a wave 3 or 5 for added confirmation, sometime a seed on H4 helped as well.
My first TP 20 were a bit messy, it was only towards the end that I cleaned up my act and Trading Plan a little better.
Goal is to do a better discipline score on my next T20 and try to be more choosy when taking a signal ; easier said than done though). It's taken me about 2 month to finish my T20 as I needed to amend T-Plan and had to add to my learning curve as well.
My first T20 results were:
Most boxes were between 25-50pips. I tried to go for the ones which a tight however I tried to observers wether the box is relatively smaller than the other boxes on chart e.g a 55 pip box on G/J could be qualified as small box as most of them are much larger.
I had "8" B/E trades.
"6 R" losses, in hindsight they were trades I should have skipped but I was too eager to jump in.
I had a total 6-trades reached TP.
I'm up about $225.
Overall I feel more confident in spotting a valid signal, but never 100% certain. Once I can see a clear wave 3 and than a 4 this is normally the best part for me as I can go into a wave 5. I've also been looking at H4 charts and tried to see if I can spot a wave 3 or 5 for added confirmation, sometime a seed on H4 helped as well.
My first TP 20 were a bit messy, it was only towards the end that I cleaned up my act and Trading Plan a little better.
Goal is to do a better discipline score on my next T20 and try to be more choosy when taking a signal ; easier said than done though
). It's taken me about 2 month to finish my T20 as I needed to amend T-Plan and had to add to my learning curve as well.