Pedro's Journal !

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Here is my journal where Ill try to uphold my trading plan and achieve consistency.
I will apply the PEERCED analisys and perform the consistency tests based on the T20 principles.

My broker is XTB and it operates on GMT +2.

Edit: from August 2016 onward, Im working on classic hunt and moved to H1 charts. (page 20 of this thread)
Im focusing on learning to use the fractal geometry of the market and mainly trade setup 1/2.
For example I trade setup1/2 on h1 charts that are hot, so I keep a decent number of symbols and filter them on weekend and midweek analysis to focus only on the ones that are showing movement.
If theres a seed or cherry on h1, Ill look for the setups on m5/m15.
Also looks for seeds/cherries on h4 dailies to confirm h1 setups.

On the side I keep running a daily fruit and trying other concepts like the famous setups.

Always evolving and learning, but keeping in mind consistency and discipline above all.

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DAX30m1 : Seed : SL : -0.49% : DS1

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DAX30m1 Seed SL 0.2% DS1 : Could have trailed closer but not part of plan.
DAX30m1 Seed SL -0.64% : DS0 : Didn't look at AO.. sleepwalking.
DAX30m1 AA BE 0% : DS1

[immy]

Hi Pedro,

Don't waste valuable time of your life. If you want to trade, then trade correctly and responsibly. If you were a formula 1 driver, what would be cool? Breaking rules not listening to your team? or being 100% disciplined? Its great you are keeping a journal, otherwise I won't be able to write comments like these directed at your "trading". so its great. And thus I'd like to suggest that you give a bit extra time to writing a bit more than you do. Why not apply my PEERCED analysis shared in the trading plan? The trading journal is for you. You will be amazed when you read it in 3 months time. Trust me , it happened to me and many others.

all in all,well done and keep going! you have a bright future ahead of you.

ps: the new update does not show a seed entry there. Although I would have filtered it for the reason you know, no new peak, we will not even show it to cut the temptation.

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Hi Immy, this was my first morning session and I was lacking sleep, that one was really sleepyhead, still I wanted to start with the journal to address my bad habits and create a daily ritual, I am adding more detail definitely in the future.
Thanks for the input, greatly appreciated.

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DAX30m1 : AA : TP @ TZ1 : 1.61% : DS1

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DE30 Seed BE 0% : DS0: Was not in my trading time, I saw it and took it by impulse because it seemed a good signal.

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DE30 Seed BE 0% : DS1 : Very close to hit 2:1 tp but I let it run maintaining discipline.

[immy]

Just a quick comment

the thing that you've squeezed at the bottom is THE MOST important thing of all...

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DE30 Seed TP 1.99% : DS1