MDP Journal - New comer - Basic Setups

[milindpaward]

1) Buy USD JPY at 113.48(Based on 15-minute chart)
Initial SL: 113.293(Based on 1 hr chart) TP: Trail Stoploss
Why?
Blue DOT on 1hr chart. The purple line shows an uptrend. Gator going to sleep(risky)
Blue DOT on the 15-minute chart. The purple line shows an uptrend. Gator is sleeping(risky)

1 USDJPY Buy Strategy 1 - 12212017.png

[immy]

Hi

Welcome to AIMS and Congratulations on starting your journal. I have a lot to say at this point and it pains me to say that I will have to exercise restrain. I must ask you some questions. Is this your first T20 batch 1? and as such have you committed to your first Batch of T20 , Are you going for Stage 1 badge? Do you have a trading plan, a simple 10 pages plan that you've written and printed out? etc etc.

If you don't want to share thats ok too. Usually we comment in each others journal's here hope that's ok with you. I think there is further understanding of the Setup required. The best way to do that is by Committing ot T20's and that means starting the Setup 1 and that is only possible by committing to applying the setup flow chart. I am sure you have watched the Setup 1 and flowchart videoes right?

Meanwhile have a great holiday period...