H4 Setup 1 and Monarch Hunt

[immy]

Its NOT monarch. This was a a pretty huge move up. Monarch appears within wave 2 before 3. Here you clearly see 3 up and its pretty extended. When its time to exit there is no logic in going into a wave.

[SprayPlaster]

Thank you for the clarification Immy, DS0 it is ^^.

[SprayPlaster]

Trade 3

Pair: EURAUD H4
Entry: Setup 1
Exit: TP at 2R and SL to BE at 1:1
Result: 2R
Disciplinary Score : DS 1 (2/3)
Pre-trade comments: Perfect setup 1 situation. Clear 3 and 4, sleeping gator, tight box, purple not too far away. Other confluences: D1 shows a nice seed hunt signal, price is bouncing off trendline as well as BRN.
Post-trade comments: Nothing much to add really, this is the bread and butter of AIMs.

[immy]

I will say a simple thing
That was a Perfect setup 1 long.

[SprayPlaster]

Trade 4

Pair: EURAUD H4
Entry: Cherry
Exit: TP at 2R and SL to BE at 1:1
Result: -1R
Disciplinary Score : DS 1 (3/4)
Pre-trade comments: Clear 3 and 4, wave 5 starting. Apple setup on H1.
Post-trade comments:

[SprayPlaster]

Trade 5

Pair: USDCHF H4
Entry: Cherry
Exit: TP at 2R and SL to BE at 1:1
Result: -1R
Disciplinary Score : DS 1 (4/5)
Pre-trade comments: Clear new 3, beautiful setup structure on H1, bounce off green line and some box levels on the left (when zoomed out)
Post-trade comments: Just not meant to be, next.

[SprayPlaster]

Trade 6

Pair: GBPAUD H4
Entry: Setup 1
Exit: TP at 2R and SL to BE at 1:1
Result: 0R
Disciplinary Score : DS 1 (5/6)
Pre-trade comments: Clear new 3, clear 4
Post-trade comments: BRN (not part of plan) managed to keep price within a few pips of TP.

[SprayPlaster]

Trade 7

Pair: US30 H4
Entry: Setup 1
Exit: TP at 2R and SL to BE at 1:1
Result: 2R
Disciplinary Score : DS 1 (6/7)
Pre-trade comments: Clear new 3, clear 4, beautiful setup.
Post-trade comments: -

[SprayPlaster]

Trade 8

Pair: AUDUSD H4
Entry: Seed
Exit: TP at 2R and SL to BE at 1:1
Result: -1R
Disciplinary Score : DS 1 (7/8)
Pre-trade comments: Clear new 3, enough retracement, seed is bouncing off the s/r level to the left, and next BRN is more than 2R away.
Post-trade comments: -

[SprayPlaster]

Trade 9

Pair: EURJPY H4
Entry: Cherry
Exit: TP at 2R and SL to BE at 1:1
Result: -1R
Disciplinary Score : DS 1 (8/9)
Pre-trade comments: Start of wave 5, small cherry. Nice apple setup on H1 as well.
Post-trade comments: -