Michael's (zlabis) Journal [The Magician]

[zlabis]

Tue. Nov. 18, 2014

Screen time 9:00 - 11:00 (GMT+1) M1/M5 DAX only

Very difficult conditions on M1 for me although I anticipated the up move quite accurately. It was clear to me that DAX would go into wave 3 of wave 5 on M5. On M1 the initial phase of the move was choppy so I got kicked out a few times.

Small rent of -12 Pips overall.

[zlabis]

Wed. Nov. 19, 2014

Screen time 9:00 - 10:00 (GMT+1) M1/M5 DAX only

Caught nice up move after one failed trial. Entries of the profitable trade were not picture book but couldn't have done wrong quite much with them. Exit was very ok for me because I had to leave early.

- 29 + 65 = + 36 Pips for one hour trading

[zlabis]

Thu. Nov. 20, 2014

Screen time 9:00 - 9:30 and 11:00-12:00 (GMT+1) M1/M5 DAX only

Start of London session was a bit bumpy. First I took a small fruit with divergency but little angulation, so it was rent. Then I caught the big drop after news - I was already in with 2 small position so slippage was not an issue. After a break I was lucky to catch top of w5 - very nice and classic S1.

I have to say that Darren's Trade Management EA had a big part of the success of trade 2 and 3 because it kept me in the trades much longer than I could have achieved it manually. I was also lucky to manually pick the exit spots at nearly perfect levels. To my dishonour I have to admit that I went away from screen after entry of trade 3 and came back 40 minutes later, so I missed at least 1 add on, but anyway ;-)

So today is my first 100++ Pips day ever on M1. With risking only 10-15 Pips per trade

Today's result:
- 9 + 88 + 29 = + 108 Pips

[zlabis]

Fri. Nov. 21, 2014

no trading today because had to pick up my son from school who had tummyache and was feeling sick. Saw that beautiful move whiche has been ridden by many of the AIMSters in the chat. And in combination with Darren's super-EA nearly everyone stayed in the trade until trend was over!!!

My result of the week from 17.11.-21.11.2014:
Mon. 17.11. + 59
Tue. 18.11. - 12
Wed. 19.11. + 36
Thu. 20.11. + 108
Fri. 21.11. +/- 0
-------------------
Total + 181 Pips. That's my personal highscore for pure M1 trading

[immy]

There is more to come Zlabis... more days like this... I can even see you making these pips in one day... keep em coming... Perfect the skill before you excel to next level... (contrary to what I said in the chatroom but you're the best person to know about you)

[zlabis]

Mon. Nov. 24, 2014

Screen time 9:00 - 11:00 (GMT+1) M1/M5 DAX only

Good moving market after FO. Caught a nearly perfect reversal point which hasn't worked out for only 0.5 Pips before it went in the predetermined direction.
Second fruit was ok with divergency and good angulation. Should have SAR but didn't because of rent before. I was more cautious - mistake ;-)
Third trade was break of AIMS in direction of the trend at red German news release + 1 add on. Was a nice winner with exit at a very good level.
Last trade of my session was actually more an add on of the preceeding strong reversal down fruit. Exit was ok at AIMS/green gator.

Today's result:
- 10 - 8 + 40 + 6 = 28 Pips ;-) result is ok since I missed the proper entry points.

[Michal]

very nice results Michael cong.! :-bd (hug)

[zlabis]

Tue. Nov. 25, 2014

Screen time 9:00 - 11:00 (GMT+1) M1/M5 DAX only

Was choppy market after LO with a range of 25-30 Pips. I made 4 attempts which turned out to be rents. I felt it mentally very demanding to take further signals after a row of rents but I stayed disciplined (nearly ;-) ), focused and decisive, so I got paid back my rents.

Due to my analysis I was very sure that market would go up so I sticked to the long signals. Maybe there was one short fruit to take but I didn't.

At my last trade (6.), I was completely convinced that market would go into w5 what it actually did, but 2 minutes after I had to close my trades because I hade to leave. I'm happy with last trade anyhow because of correct analysis.

Today's result:
- 9 + 0 - 33 - 3 + 84 + 6 = + 45 Pips. I'm very happy with this result because beginnig of session was very difficult for me ;-)

[immy]

What you paid at the beginning was the Expense you paid which made the Profit possible. Once you break the barrier of fear and tendency to predict you will enter the next level of trading. wishing all of us the same levels... and many pips to you and all of us... enjoy

[zlabis]

Wed. Nov. 26, 2014

Screen time 9:00 - 11:00 (GMT+1) M1/M5 DAX only

High volatility and good movement after LO. 3 good moves, I took some Pips from. At move 2 and 3, there were good possibilities making much more than I made. Have to work on entry and exit points. I think in ranging market I tend to be too late at entries and too quick at exits. Have to practise it more at simulation and have to write down my fruit rules (maybe like S1/S2 flow chart).

Today's results:
- 11 + 24 + 16 + 5 - 10 + 5 = + 29 Pips. Not too bad but way from good considering today's possibilities.