What a Great Result!
An Average of 10% a month means you can covert 10K account into a 1Million in little over 2 years. Now that would be nice wont it?
You are on your way to a good retirement. I am sooooo happy for you Grant. Keep em coming.
May you have the best in life..... the best of the best that is even beyond your wildest imaginations!
Grants Journal [Awarded Title: Guru of the Gurus]
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Grants Journal
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!
-
Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Grants Journal
Hi everyone,
Day off today so could concentrate on trading, so was good to get the rents from yesterday back and some…
My trades today were:
1. +24
2. +21
3. -8
4. +18
5. +12
Total +67 (+5.15%)
Trade records and pics below.
Cheers
Grant
Day off today so could concentrate on trading, so was good to get the rents from yesterday back and some…
My trades today were:
1. +24
2. +21
3. -8
4. +18
5. +12
Total +67 (+5.15%)
Trade records and pics below.
Cheers
Grant
You do not have the required permissions to view the files attached to this post.
success = patience + discipline - greed
-
Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Grants Journal
Hi everyone,
Back on call yesterday so had the usual of sitting through the chop and being at work when the trends came along, so a rent paying day for me again…
My trades were:
1. -4
2. 6
3. -7
Total -5 (-0.38%)
Trade records and pics below.
Cheers
Grant
Back on call yesterday so had the usual of sitting through the chop and being at work when the trends came along, so a rent paying day for me again…
My trades were:
1. -4
2. 6
3. -7
Total -5 (-0.38%)
Trade records and pics below.
Cheers
Grant
You do not have the required permissions to view the files attached to this post.
success = patience + discipline - greed
-
Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Grants Journal
Hi everyone,
Day off today for trading but was a lot of big news out and the ECBs new chairmans 1st press conference around NYO. Managed a couple of nice trades in London am, then the news and press conference killed trading for me as it seemed that the initial SLs were always a little big.
My trades were:
1. +11
2. +36
Total +47 (+3.6%)
Trade records and pics below.
Cheers
Grant
Day off today for trading but was a lot of big news out and the ECBs new chairmans 1st press conference around NYO. Managed a couple of nice trades in London am, then the news and press conference killed trading for me as it seemed that the initial SLs were always a little big.
My trades were:
1. +11
2. +36
Total +47 (+3.6%)
Trade records and pics below.
Cheers
Grant
You do not have the required permissions to view the files attached to this post.
success = patience + discipline - greed
-
Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Grants Journal
I received a pm from a member asking how i choose my targets.
whilst i find the exits to be the hardest part of trading i have attached a couple of pics.
In the m15 chart you will see:
Daily pivots (labeled as necessary)
yellow MA is m15 200 EMA
green MA is h4 200 EMA
aqua MA is h1 200 EMA
orange lines are h1 AISM levels
lime green lines are h4 AIMS levels (obviously are h1 levels as well)
white lines are daily AIMS levels (which are h4 and h1 levels as well)
green dotted line NYO price
yellow dotted line LO price
red dotted line TO price
the h1 chart is exactly the same but with only the h1 200 EMA and an ADR indy that shows where the 5 day range will be met for that day. it also shows more aims levels
as i said exiting i find hardest, but using these lines/indies in conjunction with the Fib expansion tool i can see where price may stall/bounce next... It may of course not stall/bounce and keep going after the TP is hit... if it does keep going so be it... therewas a valid reason to get out of the market..
the 2nd trade i took today was a good example, target was 1.3790 2 pips below the daily R1 pivot, price got to within 0.3 of a pip before reversing (i exited manually at 1.3789). A trailing SL (5 candle) would have made 11 pips less, nearly 1%
hope this helps
cheers
grant
whilst i find the exits to be the hardest part of trading i have attached a couple of pics.
In the m15 chart you will see:
Daily pivots (labeled as necessary)
yellow MA is m15 200 EMA
green MA is h4 200 EMA
aqua MA is h1 200 EMA
orange lines are h1 AISM levels
lime green lines are h4 AIMS levels (obviously are h1 levels as well)
white lines are daily AIMS levels (which are h4 and h1 levels as well)
green dotted line NYO price
yellow dotted line LO price
red dotted line TO price
the h1 chart is exactly the same but with only the h1 200 EMA and an ADR indy that shows where the 5 day range will be met for that day. it also shows more aims levels
as i said exiting i find hardest, but using these lines/indies in conjunction with the Fib expansion tool i can see where price may stall/bounce next... It may of course not stall/bounce and keep going after the TP is hit... if it does keep going so be it... therewas a valid reason to get out of the market..
the 2nd trade i took today was a good example, target was 1.3790 2 pips below the daily R1 pivot, price got to within 0.3 of a pip before reversing (i exited manually at 1.3789). A trailing SL (5 candle) would have made 11 pips less, nearly 1%
hope this helps
cheers
grant
You do not have the required permissions to view the files attached to this post.
success = patience + discipline - greed
-
Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Grants Journal
Hi everyone,
no flow chart trades for me today. London was choppy and then i was at work for the NFP release and NY session.
So the week ended at +102 (+7.84%)
have a great weekend..
cheers
Grant
no flow chart trades for me today. London was choppy and then i was at work for the NFP release and NY session.
So the week ended at +102 (+7.84%)
have a great weekend..
cheers
Grant
success = patience + discipline - greed
-
Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Grants Journal
Hi everyone,
Was on call today but managed to trade from LO through to early NY, wasn’t having a great day til NY opened then got back to roughly BE for the day
My trades were:
1. +1
2. -6
3. -5
4. -7
5. +15.9
Total -1.1 (0.1%)
Trade records and pics below.
Cheers
Grant
Was on call today but managed to trade from LO through to early NY, wasn’t having a great day til NY opened then got back to roughly BE for the day
My trades were:
1. +1
2. -6
3. -5
4. -7
5. +15.9
Total -1.1 (0.1%)
Trade records and pics below.
Cheers
Grant
You do not have the required permissions to view the files attached to this post.
success = patience + discipline - greed
-
Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Grants Journal
Hi everyone,
Was off work today and looking forward to some trading...
Unfortunatley no one had told the EU, so i have sat for a couple of hours at LO and then again from NYO to London close and not taken a single trade...
I have never known a day like it since trading the AIMS way on the M1 charts...
Oh well, tomorrow is another day as they say..
cheers
Grant
Was off work today and looking forward to some trading...
Unfortunatley no one had told the EU, so i have sat for a couple of hours at LO and then again from NYO to London close and not taken a single trade...
I have never known a day like it since trading the AIMS way on the M1 charts...
Oh well, tomorrow is another day as they say..
cheers
Grant
success = patience + discipline - greed
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Grants Journal
Congratulations on Getting Married on this Amazing Date!
I wish you the best of all, beyond your wildest dreams.
I wish that this 'knot' may last forever, filled with happiness, laughter, joy and eternal peace.
Congratulations brother!
I wish you the best of all, beyond your wildest dreams.
I wish that this 'knot' may last forever, filled with happiness, laughter, joy and eternal peace.
Congratulations brother!
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!
-
Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Grants Journal
Hi everyone,
Apologies for not posting this sooner, had a ball and chain fitted on Friday so was a touch busy…. lol
My trades from Weds last week were:
1. -1
2. -4
3. +9
Total +4(+0.3%)
Trade records and pics below.
A short week for me because of the wedding so my total was an earth shattering +3.9 pips (+0.3%)
Will try and do a touch better this week…
Cheers
Grant
Apologies for not posting this sooner, had a ball and chain fitted on Friday so was a touch busy…. lol
My trades from Weds last week were:
1. -1
2. -4
3. +9
Total +4(+0.3%)
Trade records and pics below.
A short week for me because of the wedding so my total was an earth shattering +3.9 pips (+0.3%)
Will try and do a touch better this week…
Cheers
Grant
You do not have the required permissions to view the files attached to this post.
success = patience + discipline - greed