Pedro's Journal !

[acceleratum]

1: Seed - GU crash at midnight hitting target.

[immy]

______          _            _   _      
 |  ____|        | |          | | (_)     
 | |__ __ _ _ __ | |_ __ _ ___| |_ _  ___ 
 |  __/ _` | '_ \| __/ _` / __| __| |/ __|
 | | | (_| | | | | || (_| \__ \ |_| | (__ 
 |_|  \__,_|_| |_|\__\__,_|___/\__|_|\___|

[acceleratum]

1: Setup 1:1 FT , second trailing box exit around same level for 2R both.

[acceleratum]

0: Box break crap trade FT then rent, could have targeted the previous lows and exited.

[immy]

isn't that a box break instead of cherry trade?

[acceleratum]

Yes it was a box break, like a setup, I wrote cherry lookin at picture and didnt think about it, thanks for paying attention, I take the pictures and sometimes only update journal later.. so forgot some details. Still its not a normal setup, I got kicked out of the short by that cherry bar and used the next box break boosted by the cherry to go back in. Lookin back on my h1 trades it seems I do it often, learn everyday.

[acceleratum]

20 trades finished: new batch from here -----

15 setups -1 cherry - 2seeds - 1 apple - 1 weird box break after cherry
of the 15 setups 1 was a setup 0, 2 were 5of5 , 3 were not proper setups.
DS 16/20 : Failed 4 trades, either too eager and entered too soon, or took box breaks that werent proper setups.
Will not discuss profit here since Im now trailing boxes or candles and targeting tz1 so not easy to calculate like 2R before. But it is begin profitable, will analyse it in other tools like myfxbook logs, etc.


1: Setup : after a couple bounces on daily resistance Moved SL to BE and exited
1: Cherry : when a cherry pop up I put po above the resistance, I knew it would fire up if it broke that level. 1:1 + tz1 hit.

[immy]

Nicely done mate... nicely done.

[acceleratum]

0: "The unknown setup"^tm coming from scooby, HTF's were all on W3 and open : 1:1 + bar trail when it bounced back and 5 red bars for roughly 2R total.

[immy]

don't get me wrong... but its NOT a classic Setup... lets not call something that is not what it is ... appearances can be deceiving...

However, you read the market correctly, you used an entry method, a method that gives you some sort of edge. You used the structure and the scooby pattern. You used the volatility to your advantage... thats that... now is this is VERY high probability setup? and is this a DS1 trade? you decide.

good talk in skype about this one...