The Trade (comments later)
Add on
Exit with 1% loss
A great trade idea, but did not work. Market knocked me out good today. Kicked me out of USDJPY without profit then went and hit the 4R target.
Kicked me out of EU with a 0.5% loss and then .. well...
So I'm down 2% today. Out and not trying again.
$200,000 Forex Funded Account Challenge - Evaluation Phase 2
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
B4T4 - NASDAQ H4
You do not have the required permissions to view the files attached to this post.
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
B4T5 - DOW H4
A lovely looking Signal, 2nd day play and Signal on H4...
DS1 but -0.5% Loss
Sadly market was either bullish or in confusion... looks like longer-term investors are interested in buying these days.
DS1 but -0.5% Loss
Sadly market was either bullish or in confusion... looks like longer-term investors are interested in buying these days.
You do not have the required permissions to view the files attached to this post.
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
GOALS for JULY
DO NOT CHANGE THE TEMPLATE DO NOT CHANGE Indicator SETTINGS DO NOT CHANGE Trading TIME FRAME DO NOT CHANGE Risk Per Trade DO NOT MOVE Target Points STICK TO THE PLAN STICK TO THE 6 MARKETSWhat 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!
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eaxh
- AIMSter
- Posts: 872
- Joined: 17 Jan 2017, 21:19
- 8
Re: GOALS for JULY
Count me in!immy wrote: 30 Jun 2022, 08:55DO NOT CHANGE THE TEMPLATE
Don't let the fear of losing keep you from winning
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Minsk
- AIMSter
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 3
Re: GOALS for JULY
as per Tom's suggestions, it might be better to rephrase, positive suggestions, no negative/negating suggestions. Otherwise the "change something" will stick, as we can't program our brains to "not do" something.
so:
stick to chosen template
stick to chosen indicator settings
etc
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
The ONE that escaped....
Obviously today, the one the I ignored, worked brilliantly. I don't know how easy it would have been holding on to this trade, but apparently, its working pretty nicely so far. YD< the only one I did not take was DAX and that is the one that hit 5R today. 
You do not have the required permissions to view the files attached to this post.
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
I'm Thinking of a CHANGE
I am thinking of simplifying my method a bit further.
I want to bring back the BOXED method, without the box, but this time with the Banana indicator.
The method allows me to see levels to the left, appreciate the full market and allows me to LET the trades run for Infinite profits.
I will be thinking about this over the weekend.
here is one example... the CLEVER among you or the not-so-clever among us (like me), both, will GET IT! i hope
I want to bring back the BOXED method, without the box, but this time with the Banana indicator.
The method allows me to see levels to the left, appreciate the full market and allows me to LET the trades run for Infinite profits.
I will be thinking about this over the weekend.
here is one example... the CLEVER among you or the not-so-clever among us (like me), both, will GET IT! i hope
You do not have the required permissions to view the files attached to this post.
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!
-
Minsk
- AIMSter
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 3
Re: Immy's Journal - Back to School
The FO Box looks like a good thing to keep an eye on, and put that box on the chart. Screenshots are fantastic trades.
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steven3
- Free Member
- Posts: 7
- Joined: 23 Apr 2022, 21:12
- 3
Re: Immy's Journal - Back to School
What is "FO"?Minsk wrote: 30 Jun 2022, 19:52 The FO Box looks like a good thing to keep an eye on, and put that box on the chart. Screenshots are fantastic trades.
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Minsk
- AIMSter
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 3