Pedro's Journal !

[acceleratum]

Yes I did see it which bolstered the confidence in that signal, but still it was not planned to take breakout, just the hunt signal. =)

[acceleratum]

DAX30m1 Cherry TP 2% : DS 1 - Signal inside channel but according to my last update to trading plan.

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DAX30m1 Seed BE 0% : DS 1
DAX30m1 Seed SL -1% : DS 1 - lookin for 5 of 5.
DAX30m1 Seed SL -1% : DS 0 - to soon to go in should have waited for bigger retrace.

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DAX30m1 Seed TP 2% : DS 1
DAX30m1 Cherry BE 0% : DS 1
DAX30m1 Seed SL -1% : DS 1

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Another batch:

TP: 7 x2% = 14%
BE: 7 x0% = 0%
SL: 6 x-1% = -6%

Total: +8%

DS 19/20
Looks good, even without channel filter my personal filters seem to be working, the only break of discipline was breaking my own filter and not waiting for enough retrace after a peak.

The yellow lines are the channel which im only using for volatility measure, so i simplified it and changed color, probably going to drop it soon.

Some more analysis:

4 signals taken inside channel of which

1 x TP - Cherry.
1 x BE - Seed.
2 x SL - 2 Seeds.

16 signals outside:

6x TP - 4 seeds, 2 cherries.
6x BE - 2 seeds, 4 cherries.
4x SL - 2 seeds, 2 cherries.

Inside channel signals were inside wave 4 and all depend on my personal filter of waiting for enough retrace, one of the rents was the DS break, and the BE one was very close to hit TP, so for now all confirms that the channel filter is good for most situations and we need proper analysis of the structure so we can take advantage of the few good signals inside channel, in other words don't remove channel filters unless your absolutely confident you can read the volatility and the situation properly.

[acceleratum]

Im changing the percentages to R/R because it is more accurate, Im not lookin at profit here, just discipline and consistency, there is no point in writing i gained 10% when it is not even right due to variable entries, so Im using the R:R format from now on.

DAX30m1 Seed 0R : DS 1
DAX30m1 Seed 0R : DS 1
DAX30m1 Seed -1R : DS 1
DAX30m1 Cherry 2R : DS 1

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DAX30m1 Cherry TP 2R : DS 1

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DAX30m1 Seed 2R : DS 1 (morning session)
DAX30m1 Cherry -1R : DS 1 (morning session)

[acceleratum]

DAX30m1 Cherry -1R : DS 1
DAX30m1 Seed 2R : DS 1

[zlabis]

DAX30m1 Seed 2R : DS 1 (morning session)
DAX30m1 Cherry -1R : DS 1 (morning session)

Hi Pedro,
very nice and disciplined job, so far!!! :-bd

One minor thing I've realized: The second morning session trade (Seed, -1R) was probably taken when 2R-TP was already rather close to TZ1, and, maybe more important, there was already VERY obvious divergence. To my analysis, w5 was close to be finished at that time therefore I skipped all these signals after the push before your entry.

But due to your focus on T20 and DS, it was probably worth taking )

Just MHO ;-)

Cheers
Michael