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kvr1966 wrote: 23 May 2022, 13:47Batch 3 - T13
23-5-2022
Banana 1H
USD-CHF SHORT
Questions from the FlowChart:
The 4 questions answered:
1 - Is there an impulse move?
Yes, there is, 3 candles.
2 - Is impulse move climactic?
No, not too climactic, although more so than than the first trade I took earlier.
3 - Is there a pause or a pullback?
Yes. It's a good pull back.
4 - Is the pullback impulsieve?
No, it looks good to me.
Target = 3R.
Ironically in the same candle the SL got hit before it went all the way down to 3R
DS1
total DS: 7/13 = 0.54
#Wasn't the signal invalidated by the Next bullish candle?
sh*t, yes you are right, I didn't think of that. So that's a DS0. And punished in the same candle
Imi says: When you saw the Seed, you put the trade , ok fine.
Then the next candle, was a bullish but still Number 2 Banana. That means, Seed signal is invalid now, and if you like and if it is valid, then trade the Number 2 Signal. Seed was GONE. IF wanted to definitely trade the seed then the best way was to wait for price to do down and then set a limit sell.
hope this makes sense.
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The 4 questions answered:
1 - Is there an impulse move?
Yes, there is, one huge candle.
2 - Is impulse move climactic?
Yes very much climactic, one huge candle that was news driven. It's risky, but feelings are not objective. Immy says do not go on feelings. The pullback with 2 seeds and a banana looks too good to not take the risk.
3 - Is there a pause or a pullback?
Yes. It's a good pull back, seed, Banana #2, seed
4 - Is the pullback impulsieve?
No, it looks good.
So Limit Sell pending order on the 2nd seed.
That got filled shortly after placing the order.
Target = 3R.
SL got hit very soon
Reading Immy's journal, the levels more than 20 candles to the left played a role. I don't consider these as it's moren than 20 candles away.
DS1
total DS: 8/14 = 0.57
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The 4 questions answered:
1 - Is there an impulse move?
Yes, there is.
2 - Is impulse move climactic?
No not climactic.
3 - Is there a pause or a pullback?
Yes. It's a good pull back, 2 candles.
4 - Is the pullback impulsieve?
No, it looks good.
So Limit Sell pending order on the Banana #1.
Target = 3R.
Moved Sl to BE at 1R.
Then SL got hit.
In hindsight this was not the smartest trade. If look closer it's the 3rd pullback when looking at the Wave bars. I have put these back on again after effing up.
DS0
total DS: 8/15 = 0.53
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kvr1966 wrote: 27 May 2022, 16:25Batch 3 - T15
27-5-2022
Banana 1H
USD-CAD SHORT
Questions from the FlowChart:
The 4 questions answered:
1 - Is there an impulse move?
Yes, there is.
2 - Is impulse move climactic?
No not climactic.
3 - Is there a pause or a pullback?
Yes. It's a good pull back, 2 candles.
4 - Is the pullback impulsieve?
No, it looks good.
So Limit Sell pending order on the Banana #1.
Target = 3R.
Moved Sl to BE at 1R.
Then SL got hit.
In hindsight this was not the smartest trade. If look closer it's the 3rd pullback when looking at the Wave bars. I have put these back on again after effing up.
DS0
total DS: 8/15 = 0.53
Yes, keep the Setup 1 template... wait for signals that have clear Open gator, fresh cross of zero line and make sure the AO is not diverging...
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.
kvr1966 wrote: 01 Jun 2022, 15:48Batch 3 - T16
1-6-2022
Banana 1H
USD-CAD SHORT
Questions from the FlowChart:
The 4 questions answered:
1 - Is there an impulse move?
Yes, there is, 3 candles.
2 - Is impulse move climactic?
No not climactic.
3 - Is there a pause or a pullback?
Yes. It's a good pull back, 2 smaller candles.
4 - Is the pullback impulsieve?
No, it looks good.
So Limit Sell pending order on the Banana seed.
Target = 3R.
3R got hit. Strange the ATM suddenly had a fixed lots of 0.10 instead of 1%. So just a small amount gained. Most important: good trade DS1.
DS1
total DS: 9/16 = 0.56
Well done on the 3R but very small lots so not much use other than? i don't know what... I don't think lower lots is even counted as experience. But it is something
I want you to know that this is a LUCKY trade. Teh setup had clear levels to the left, it was coming out of a trading range. ... but it worked...this time.
cheers
Ps: either use the black lines or hte gator. don't pile them on top of each other. Looks so bad and it has absolutely no freaking value.
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.
kvr1966 wrote: 01 Jun 2022, 15:48Batch 3 - T16
1-6-2022
Banana 1H
USD-CAD SHORT
Questions from the FlowChart:
The 4 questions answered:
1 - Is there an impulse move?
Yes, there is, 3 candles.
2 - Is impulse move climactic?
No not climactic.
3 - Is there a pause or a pullback?
Yes. It's a good pull back, 2 smaller candles.
4 - Is the pullback impulsieve?
No, it looks good.
So Limit Sell pending order on the Banana seed.
Target = 3R.
3R got hit. Strange the ATM suddenly had a fixed lots of 0.10 instead of 1%. So just a small amount gained. Most important: good trade DS1.
DS1
total DS: 9/16 = 0.56
Well done on the 3R but very small lots so not much use other than? i don't know what... I don't think lower lots is even counted as experience. But it is something
I want you to know that this is a LUCKY trade. Teh setup had clear levels to the left, it was coming out of a trading range. ... but it worked...this time.
cheers
Ps: either use the black lines or hte gator. don't pile them on top of each other. Looks so bad and it has absolutely no freaking value.
Thx for pointing that out. Yes very lucky indeed in hindsight. It turned back up just after hitting 3R.
It's a DSO because those levels were within 20 bars, that's the number I count for that.
