Michael's (zlabis) Journal [The Magician]

[zlabis]

Fri. July 17, 2015

Screen time:
LO-session 15:00 - 17:00 (GMT+2) M1 DAX only - LIVE

Low-Vol afternoon session where I failed to catch breakout three times.
Fourth attempt worked out rather well by catching w3 nearly completely.
AA-Fruit into possible w5 was very good setup but, unfortunately, w5 didn't unfold.

As noticeable by screen chart, I was rightly biased to the short side, which finaly led into a nice w3. But volatility was too low that it had built out structure completely.

Anyway, it was a rather difficult session again, where following our rules saved me from making bigger losses, so I'm happy with my trading. There was hardly any possibility to make a better result.

Trade 10/20-20: DS = 1, SL = 9.6, Result = - 9.6 Pips
Trade 11/20-20: DS = 1, SL = 15.5, Result = - 6.0 Pips
Trade 12/20-20: DS = 1, SL = 7.6, Result = - 8.6 Pips
Trade 13/20-20: DS = 1, SL = 9.8 + 11.6, Result = + 13.0 + 11.1 = + 24.1 Pips
Trade 14/20-20: DS = 1, SL = 9.2 + 12.3, Result = - 1.6 - 4.9 = - 6.5 Pips
-------------------------------------------------------------------------------------------------
Today's Results: - 6.6 Pips , DS = 5 / 5 , 2.00 hrs

Result of week 29 - 13.07-17.07.2015 - M1 live:
Mon. 13.07. + 39.8 Pips, DS 4/4, 2.00 hrs, M1
Tue. 14.07. + 19.3 Pips, DS 3/3, 1.25 hrs, M1
Wed. 15.07. - 12.4 Pips, DS 4/4, 2.00 hrs, M1
Thu. 16.07. + 70.2 Pips, DS 3/3, 1.75 hrs, M1
Fri . 17.07. - 6.6 Pips, DS 5/5, 2.00 hrs, M1
---------------------------------------------------------------------
Result ...... + 110.3 Pips, DS 19/19 (100%), 9.00 hrs

My sessions of this week were marked by very small volatility what didn't make it too easy to catch bigger moves. I think I took a good bit of it from what was offered during my trading times. I'm VERY happy about my second week in a row with DS = 100%. And 5% account growth with only 0.7% / 15p avg. SL per entry isn't bad either, IMHO. I know, I should never be 100% satisfied with my performance, so I will keep on trying to improve my trading but account is growing constantly towards my planned capitalization by the end of 2015. Therefore I feel being on the right track )

[zlabis]

Mon. July 20, 2015

Screen time:
no trading due to Eurex feed-outage

[zlabis]

Tue. July 21, 2015

Screen time:
LO-session 15:20 - 17:00 (GMT+2) M1 DAX only - LIVE

Today was very special. Since some time I was not so happy with my countless rents although days were mainly positive. I've got the feeling that I've left too much profit on the table by trading too many low probability-counter setups.

Before NEO I traded with "old" rules (Trade 15 & 16/20-20).
First change after NEO was adding Star Fruit, aka Candy, to my charts and second one was a change of my MM plan. From now on I take 2x0.5% risk entries. One half is closed at 2:1 profit and second one is closed at standard exit signals.
The third change is that I focus more on higher probability entries in direction of the HTF trend (AA-Fruits, Candies, S1&S2). If I trade counter movement, mainly into w4, I'll keep my exits closer because a 1:1 trade is 1% gain anyway.

*** old MM rules ***
Trade 15/20-20: DS = 1, SL = 4.9 + 10.8, Result = + 6.8 - 2.6 = + 4.2 Pips (0.2%)
Trade 16/20-20: DS = 1, SL = 6.0 + 8.2, Result = + 18.2 + 11.4 = + 29.6 Pips (1.38%)

*** new MM rules ***
Trade 17/20-20: DS = 1, SL = 9.9, Result = + 12.4 + 12.4 = + 24.8p = + 1.25%
Trade 18/20-20: DS = 1, SL = 7.4, Result = + 15.2 + 34.5 = + 49.7p = + 3.36%
Trade 19/20-20: DS = 1, SL = 10.3, Result = - 10.3 - 10.3 = - 20.6p = - 1.00%
Trade 20/20-20: DS = 1, SL = 9.4, Result = + 20.7 + 52.0 = + 72.7p = + 3.87%
-------------------------------------------------------------------------------------------------------------------
Today's result: + 160.4 Pips = + 9,06% , DS = 6 / 6 , 1.75 hrs

[immy]

Michael, you were not supposed to TALK about candy or cherry in your journal. its a beta and only available to Skypers! but never mind ...

but i must say, its amazing isn't it. We are constantly developing and it seems we are getting better and better. lvoe it.. thanks Steve, Grant and the rest of the lot!

[zlabis]

Wed. July 22, 2015

Screen time:
NYO-session 14:00 - 15:15 (GMT+2) and
NEO-session 15:45 - 17:30 (GMT+2)

M1 DAX only - LIVE

Completely sticked to AA/Seed/Cherry/S1&S2

Was very effortless because rule-set is VERY clear and rather simple to follow (so far ;-) )

Overall today's result + 4.8%

[zlabis]

Thu. July 23, 2015

We had dear friends from Germany at our appartement so rather scattered trading time

Screen time:
NYO- and NEO-session 14:20 - 17:30 (GMT+2) with several breaks

Weren't perfect trading conditions to me because I was somewhat distracted by friends. No complaint or denial of responsibility, just an observation about my ability to be focused if somebody else is around.

Had a couple of valid trades but didn't get really in tune with market so entries and exits were not the best which ended in a

today's result of -3.1%

[zlabis]

Result of week 30 - 20.07-24.07.2015 - M1 live:
Mon. 20.07 no trading
Tue. 21.07. + 9.1%, DS 6/6, 1.75 hrs, M1
Wed. 22.07. +4.8% , DS 6/6, 2.50 hrs, M1
Thu. 23.07. -3.1%, DS 8/8, 3.00 hrs, M1
Fri . 24.07. no trading
---------------------------------------------------------------------
Result ...... +10.7% (without compounding), DS 20/20 (100%), 7.25 hrs

[zlabis]

Mon. July 27, 2015

Screen time:
NYO-session 13:00 - 15:30 (GMT+2) M1 DAX only - LIVE

Today DAX moved very strong with good structure during afternoon sessions. This allowed us to take advantage of any of our available strategies. I only traded AA/Seed/Cherry/S1&S2 and, although I didn't catch every single great setup, I'm pretty happy with my

today's result of +6.2%, DS = 4/4, 2.50 hrs

[zlabis]

Tue. July 27, 2015

Screen time:
LO-session 09:00 - 10:30 (GMT+2) M1 DAX only - LIVE

Low volatility and range bound session for me. Started moving after I had left.

Only 2 Trades during session with good signals.

Trade 1 was Seed which was painted by older Seed v2.2 which got clipped at 1:1 by 50%. As it nearly hit 1:2, I moved SL to BE where it got hit with some slippage.

Trade 2
A Cherry which went in my favour, hit 1:1 (50% clipped) but reversed to hit init SL with other 50%.

Trade 1: DS = 1, SL = 12.6 + 13.5, Result = - 3.1 + 12.4 = + 9.3 = + 0.4%
Trade 2: DS = 1, SL = 9.2 + 10.1, Result = + 8.7 - 10.5 = - 1.8 = - 0.1%
-----------------------------------------------------------------------------------------------
Today's result: + 7.5 Pips, + 0.3%, DS = 2 / 2 , 1.50 hrs

[zlabis]

Wed. July 29, 2015

Screen time:
LO-session 09:00 - 10:30 (GMT+2) M1 DAX only - LIVE

LO started range bound with low volatility again.

After more than half an hour there showed up a good looking combination of Cherry, Seed and Monarch pattern at a rather promising level which I took into Trade 1. Unfortunately it immediately reversed and hit init SL without reaching even 1:1.

This was the beginning of a good down move.
I missed a good breakout out of a very tight box but took a Seed after it retraced nicely after AO was peaking. That was Trade 2. 1:1 got hit with ease and even 2:1 was reached where I moved SL to entry level. I should have exited at second counter fruit but was not focused and when I realized it, it had already moved up too far for a proper exit as it was only 4 Pips away from entry level. So I decided to hold it until I either got exited at BE or at a new and better exit signal which appeared much later in form of another counter fruit.
That exit was ok at nearly 2:1 but holding it that long keeps me away from at least one other potential winner.

I'm not capable entering another trade at a new signal if I'm still holding a position - will work on that.

The template has been updated now to most recent indicators so I can take advantage of the latest developements thanks to Steve, Grant and Immy.

Trade 1: DS = 1, SL = 12.3 + 12.3, Result = -24.6p = -1%
Trade 2: DS = 1, SL = 12.5 + 12.5, Result = + 12.1 + 20.4 = + 32.5p = +1.3%
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Today's result: + 7.9p = +0.3% , DS = 2 / 2 , 1.50 hrs