Joel's Journal

[raklian]

Trade: B2-T18
Date: 12/7/2018
Pair / TF: EURUSD M15
Signal Type: S1 LONG

Thoughts and Feelings: Trade didn't work out. This was traded during the Tokyo session but by the looks of it, there weren't any buyer and sellers. I was hoping for a breakout to the upside which never materialized.

I've decided to give myself a DS0 for taking trades outside of New York session. From this point on, it's a DS0 unless it was taken during London/New York session.

DS0
Total DS: 11/18 (61.8%)
R:R – 1:1 with no BE
Trade Outcome: SL -1R

R result to date for this batch: +2R

Overall R result: +6R

[raklian]

Trade: B2-T19
Date: 12/10/2018
Pair / TF: DAX M1
Signal Type: S2 SHORT

Thoughts and Feelings: After careful retrospection and observation in the past several months, I've decided to trade the DAX and DOW indices on the M1 timeframe during the US session. I've changed my trading plan to reflect this. Like several traders who trade the AIMS, I like the fast pace of the M1 timeframe. It suits me much better.

For this setup, the pink dot candle closed inside the the box so the entry was at the breakout level. If I had trailed the boxes, I would have come out with multiple Rs but for now I'm trading 1:1 risk reward since I'm still in stage 1.

DS1
Total DS: 12/19 (63.1%)
R:R – 1:1 with no BE
Trade Outcome: TP +1R

R result to date for this batch: +3R

Overall R result: +7R

[raklian]

Trade: B2-T20
Date: 12/11/2018
Pair / TF: DAX M1
Signal Type: S1 SHORT

Thoughts and Feelings: A nice looking Wave 3 followed by a shallow Wave 4 which usually indicates the market is pausing before resuming the earlier trend, which it did. I also sense the market is active and moving. Nice, easy trade.

DS1
Total DS: 13/20 (65%)
R:R – 1:1 with no BE
Trade Outcome: TP +1R

R result to date for this batch: +4R

Overall R result: +8R

[immy]

Trade: B2-T19
Date: 12/10/2018
Pair / TF: DAX M1
Signal Type: S2 SHORT

Thoughts and Feelings: After careful retrospection and observation in the past several months, I've decided to trade the DAX and DOW indices on the M1 timeframe during the US session. I've changed my trading plan to reflect this. Like several traders who trade the AIMS, I like the fast pace of the M1 timeframe. It suits me much better.

For this setup, the pink dot candle closed inside the the box so the entry was at the breakout level. If I had trailed the boxes, I would have come out with multiple Rs but for now I'm trading 1:1 risk reward since I'm still in stage 1.

DS1
Total DS: 12/19 (63.1%)
R:R – 1:1 with no BE
Trade Outcome: TP +1R

R result to date for this batch: +3R

Overall R result: +7R

I'm sure you are screaming inside, at the potential of this setup... look where your 1R is hit... Wait till you get to Stage 2 or 3 when you'll be trailing the boxes. those 5R trades will REALLY make you love trading... if you can trade Dax M1. Do a full batch on it on its own and see how you feel. Best not to mix m1 and m15 in one batch. M1 , for some reason, that time frame, is a world of its own. you need a different mindset, temperament etc for it. its a thing of its own. But Setup 1 setup 1 setup 1 thats the best setup....

[immy]

Trade: B2-T20
Date: 12/11/2018
Pair / TF: DAX M1
Signal Type: S1 SHORT

Thoughts and Feelings: A nice looking Wave 3 followed by a shallow Wave 4 which usually indicates the market is pausing before resuming the earlier trend, which it did. I also sense the market is active and moving. Nice, easy trade.

DS1
Total DS: 13/20 (65%)
R:R – 1:1 with no BE
Trade Outcome: TP +1R

R result to date for this batch: +4R

Overall R result: +8R

Perfect Setup 1... well done

[raklian]

I'm sure you are screaming inside, at the potential of this setup... look where your 1R is hit... Wait till you get to Stage 2 or 3 when you'll be trailing the boxes. those 5R trades will REALLY make you love trading... if you can trade Dax M1. Do a full batch on it on its own and see how you feel. Best not to mix m1 and m15 in one batch. M1 , for some reason, that time frame, is a world of its own. you need a different mindset, temperament etc for it. its a thing of its own. But Setup 1 setup 1 setup 1 thats the best setup....

DAX M1 during the first half of the US session, I love it.

For the next few batches, I'll trade DAX and DOW on M1. Might also trade M1/M5 with a major currency pair using the 10x method during strong sustained breakouts. I'll try taking screenshots of the H1 TF to give an overarching view of the M1/M5 trades within.

[immy]

I'm sure you are screaming inside, at the potential of this setup... look where your 1R is hit... Wait till you get to Stage 2 or 3 when you'll be trailing the boxes. those 5R trades will REALLY make you love trading... if you can trade Dax M1. Do a full batch on it on its own and see how you feel. Best not to mix m1 and m15 in one batch. M1 , for some reason, that time frame, is a world of its own. you need a different mindset, temperament etc for it. its a thing of its own. But Setup 1 setup 1 setup 1 thats the best setup....

DAX M1 during the first half of the US session, I love it.

For the next few batches, I'll trade DAX and DOW on M1. Might also trade M1/M5 with a major currency pair using the 10x method during strong sustained breakouts. I'll try taking screenshots of the H1 TF to give an overarching view of the M1/M5 trades within.

Now you've lost the plot.

On m1, it should be either Dax m1, or Dow m1, And when you trade m1, there will be nothing else you'd be able to trade effectively. there is a catch. trust me.

[raklian]

Trade: B3-T1
Date: 12/12/2018
Pair / TF: GBPUSD M1
Signal Type: S1 LONG

Thoughts and Feelings: While browsing through H1 charts of major currency pairs, I noticed GBPUSD was making a strong sustained breakout to the upside. I thought to see if there's a M1 or M5 setup somewhere in this move. I found a pretty good S1 on the M1, with a strong Wave 3 move up and a very shallow Wave 4. It was a no-brainer.

DS1
Total DS: 1/1 (100%)
R:R – 1:1 with no BE
Trade Outcome: TP +1R

R result to date for this batch: +1R

Overall R result: +9R

[immy]

Trade: B3-T1
Date: 12/12/2018
Pair / TF: GBPUSD M1
Signal Type: S1 LONG

Thoughts and Feelings: While browsing through H1 charts of major currency pairs, I noticed GBPUSD was making a strong sustained breakout to the upside. I thought to see if there's a M1 or M5 setup somewhere in this move. I found a pretty good S1 on the M1, with a strong Wave 3 move up and a very shallow Wave 4. It was a no-brainer.

DS1
Total DS: 1/1 (100%)
R:R – 1:1 with no BE
Trade Outcome: TP +1R

R result to date for this batch: +1R

Overall R result: +9R

That is perfect way of implementing the 10X principle. Keep going

[raklian]

Trade: B3-T2
Date: 12/12/2018
Pair / TF: GBPUSD M5
Signal Type: S1 SHORT

Thoughts and Feelings: Typical Setup 1 trade - robust Wave 3 and a shallow Wave 4. At the time of the entry, TZ1 was a least 1R away. Market quickly reversed to the upside shortly after.

DS1
Total DS: 2/2 (100%)
R:R – 1:2 with BE at 1R
Trade Outcome: SL -1R

R result to date for this batch: 0R

Overall R result: +8R