Pedro's Journal !

[acceleratum]

yes , thank you guys, I have addon rules, box break, momentum addon, but if I happen not to watch the chart in that day, I wont addon the next day.. so the problem is I dont watch the screen everyday even.. only every 2 or 3 days.. so I end up missing the addon spots.

Also since starting dailies been going thru the stages again and adjusting, Ill get there slowly and surely , im very patient

[acceleratum]

Nice trade, clean setup, shame I missed addons.
6:

[acceleratum]

Last batch results

18/20 DS

Entries: Lots of setups and apples, thats what Ive been paying attention mostly since last batch I did mostly fruits, this time I paid too much attention to setups/apples, guess I have to mix them all better next one =)

9 setups
9 apples
2 fruits

Exits:
7 Trailing bar/box
1 TZ hit
10 Rent
2 BE

Runtime: 25 august 2017 to 6 april 2018 : 7 Months and some days

August: 2 trades
September: 2 trade
October: 6 trades
November: 1
December: 3
February: 3
March: 2
April:1

Mostly one time of entry per month, the several trade are usually all on same day, for example in October had 3 entries on day 7, 1 entry on the 8th and 1 each on the 22 and 29th.

Profitability:
This was a small loss overall, from a quick overview , no addons really hurt the profit and cant cover the rents, we knew it already, now we'll pay more attention to it.

[immy]

I think your profits were hurt because of as you know already, 1. lack of positioning / lot sizes i.e. add ons etc 2. exiting to early.
My big recommendation would be to consider taking , the setup 1's into TZ1 with 1 or 2 add ons. half of your setups should come from Apple/Setup 1 combination. and Take the fruits only to a. mark reversal of a completed wave i.e at wave 5 or b. mark reversal of wave 4 i.e. apple. sometimes if you have a 3 on d1 and h4 shows a 1-5 complete a fruit might be good, but you know chances are you might end up in a wave 4. but 4 couild be profitable if its impulsive or abc/zig zag 4... whereby you['ll be able to reverse into the next 5 if there is an apple...

So Fruit method heavily relies on wave count timing setup 1 is by default counting the wave and going into wave 5. ...

If you do not want to add on then, The Hunt i.e. Apple, S1,Cherry,Seed entries , as per hunt, always into TZ1 will do you b etter in the longer term...

We are thinking of moving all our D1 entries based on Hunt. but have not decided yet. not trading fruit on h1 for sure.

hope this helps


cheers

[acceleratum]

Thanks for the refresher, I do mostly setup 1, apples or fruit at end of w5, need to work on the addons definitely, and spend more time on chart.
Knowing and doing it are way different things

[acceleratum]

Rent, it seemed like an apple into w5, but now lookin a broader view this was going up.. I was too quick to judge it, and should pay more attention to the previous structure, also that abc should have given the clue, I found it a bit weird but didnt bother to understand why.
7:

[acceleratum]

fruit at peak of 5 + box addon, and it dropped into rent.

8:

[Tomi]

What about that earlier AA fruit? You had order there but deleted(?). There was box and ao add-on places as well.

[acceleratum]

the short is in my previous trades #6, left the markings for reference.

[immy]

fruit at peak of 5 + box addon, and it dropped into rent.

8:

Oh you've held that Kiwi far too long buddy. you should have doubled up on shorts a few weeks ago ...