Emma´s T20 Journal

[immy]

Emma... You may complete your Stage 1 and in stage 2, Enter LOBOT Method... You can do it... on this template... no need to change template... The same Setup 1 template ... add the NEW HUNT 2.0 Indicators... (already available)... here https://itradeaims.net/amember/content/f/id/39

cheers

[eaxh]

Emma... You may complete your Stage 1 and in stage 2, Enter LOBOT Method... You can do it... on this template... no need to change template... The same Setup 1 template ... add the NEW HUNT 2.0 Indicators... (already available)... here https://itradeaims.net/amember/content/f/id/39

cheers

 

Hi immy!
Thank you! I have now added them to trade them (in my head) 

It kind of feels like i am stuck in this batch. now that i am disciplined (or getting there) i don´t see much of valid setup 1´s.
Therefore it feels like it going to take fooooreeeever to finished the 5 batches of stage 1. 
I also saw that the 5 batches is just an example, that some need more and some need less. 

what do u recommend? 

My feeling is that i have learned twice as much from the last trde to this day, than the whole learning period.

Cheers

[eaxh]

Hello Friday!

Checked h1, did a strong wave 3 down yesterday and a possible 4 during the night. We will se if the wave continues and makes a 5 down during the session or if it is stuck in the 4´th wave.
(it did the opposite  )
 Lets see if the momentum is strong. Even if the 1h is in a 4 it can still be a volatile session. It depends if the four is a ranging och more flat wave.

At Lo it made a move up and created a setup on s12, but with a green dot, then in moved down.Then they came a couple of blue dots but the tz1 was too close. With the extra pip and spread.
 

Skärmbild 2020-10-23 1.png

 1. Batch 2 Trade 172. Date/Time: 23-10-1020
3. Symbol/TF: GER30/ S12
4. Signal Type / Direction : Setup 1 bUY
5. Decision making:
s12 made another strong move up trough the premarket range, bounced of the range and createrd a setup 1. I know that the wave 3 seemed to be peeking at the m1, but the wave was so strong that i assumed that the wave 5 has not happened.
6.Feelings during the trade:
dont touch it!
7.Comments After Exiting the Trade: 
it made a crazy moove up. PRobably some news that I didnt check.
This time i was lycky that the news was in my favor.
I will from now on check the important news. Lesson learned!I dont have the answer of why the PO was in the box….
The first one i set had the right distance from the box, but when the insidebox formed i cancelled that one and then the secong one came in the box and was triggered before i had the time to adjust it. ( the setting had not been touched during that time) 
8. DS For this Trade: 1 ( it was a DS1 setup, but maybe the managing was a ds0?)
9. DS Running Total: 13/17 (76% )
 

B 2 T 17.png

 


Then this one came after a new three, but the AO didn´t cross the zeroline, but the red and green gator was sleeping. Can i count this as close to zeroline when the 3 is very strong?
 

Skärmbild 2020-10-23 2.png

Now it its probably time for a pullback on m5, setup 1/2 on m1. And i am NOT going to trade it! This is one of the things that confused me before. That it was okay to trade the wave 4 on m1 if the gator was open and the 4 was a clear ABC. But that is againt the trend even if the gator is open.
maybe thats okey later with more experience and knowledge, but not in this stage.There is alot of dots with the new IB and cherries, but that just slowly make me the master of filtering signals ( or that´s my plan at least)


 

[immy]

Hi Emma

About the "close to ZL" ... question...

Oh yes... during stronger/weaker Unidirectional markets you will hardly get a fresh cross... the green/red touch is considered sleeping gator. and should suffice. But stick to Setup 1's for the T20.... for now...

In the chatroom, I mentioned yesterday that I wondered whether you'd have caught this setup... I'm glad to see you did.

cheers

[eaxh]

Hi Emma

About the "close to ZL" ... question...

Oh yes... during stronger/weaker Unidirectional markets you will hardly get a fresh cross... the green/red touch is considered sleeping gator. and should suffice. But stick to Setup 1's for the T20.... for now...

In the chatroom, I mentioned yesterday that I wondered whether you'd have caught this setup... I'm glad to see you did.

cheers

 

Hi Immy!

Thanks for your good advice.

You´re probably right. I should take my time to really fully learn how to trade the setup 1 before adding more.
So typical me to rush into things 

Oh yes, that setup
I waited and waited and waited and was so glad that a setup happend that filled all my new Desciplined traders rules.

The time when i stretched the rules because i wanted them to be fulfilled are over. 
 

[eaxh]

I checked the higher timeframes and expect a move down. The premarket made a big move.Finding myself try to see the setup 1. Remind myself that if there is one i see it. I dont need to look for it, If its not there, its not a setup. 

Skärmbild 2020-10-26 1.png

  
Wen is the 4th wave no longer a 4th wave and a impulswave up instead?It is when it har retraced more than 61,8 % or is it when the candels are impulsive?At the end of wave 3 there was a very pullish pinnbar and the fact that the move up after it had mostly larger green than red candels.Or are some waves 4 like this? I guess this is a part of learning. To get a feel for the waves.This makes me confused = do not look for setups.Now we are over the london price and it gets rejected to go down again.
Lets see what it does. Finally something happens.
 The price breakes abow the purple on m1 and bounce right at it and creates a cherry on s12. 
Could this be the start of the 4th wave on m5?. 

Skärmbild 2020-10-26 3.png

 

Skärmbild 2020-10-26 4.png

indicates that the price will move down.
It did, but didn´t create a setup for me.Another fantastic learningday and a Ds1 for me to not force trades.
 
 
 
 
 

[eaxh]

All the lines are in place, the premarket range is forming so now i wait for the LO.

Skärmbild 2020-10-27 1.png

It just went right down.
 
About once a week i go trough my journal and i feel like it was a different person who took the trades. I feel like i was driving in the dark with no or very little light
Like when i learned how to drive a car, i almost hit a container because i didn´t see it hahah.Now i see so much more and that feels like a big step towards my success. I have also checked others journals and seen their progress and aha moments and i love that the forum is so friendly and honest.
I can benefit and learn from others experience and thoughtprocess.
And i see the pattern in many journals that they often arrives to i point where they feel like they need to change things.
That gives me awarness to my own thought of wanting to change things.
So therefore i am not. I will stick to the setup 1 until i master it. I will add hunt.  I have studied it the entry signals for that as well and i see the fractal geometry.But not at the next batch. I will give myself time to learn.I guess all of you can´t stand my SWENGLISH, i maybe need some english grammatic lessions as well
To look at the Lo from 3 timeframes gives me the opportunity to see the patterns and fractal geometri from 3 dimensions.
I just love it.I have arrived at the stage where my session doesn´t become booring if there is no trade. I still enjoy it.

 

Skärmbild 2020-10-27 2.png

 

Skärmbild 2020-10-27 3.png

 

Skärmbild 2020-10-27 4.png

 
 

[eaxh]

Skärmbild 2020-10-28 1.png

 

Skärmbild 2020-10-28 2.png

 
 

Skärmbild 2020-10-28 3.png

 

This day so far is showing how impatient i am, but i am not letting it destroy my discipline.
I am not taking any signals but the setup 1.
 

Skärmbild 2020-10-28 4.png

 I have a quiestion about the correctionwaves.
When is the time that it is okey to consider it a reversal instead of a wave 4?
Is it when the price har gone through the purple?
Or is it when it forms a fractal above the purple?
Or is it when it crashes through with strong momentum?

My question is when is it okey to look and take signals at the opposite direction.
So in this example, when do i start take long positions?
In this case it might form a setup 0 short on m1.

 1. Batch 2 Trade 182. Date/Time: 28-10-1020
3. Symbol/TF: GER30/ S12
4. Signal Type / Direction : Setup 1 Sell
5. Decision making:
The m1 started to go down into the possible wave 5. The m5 was in a pullback and wasnt showing divergence, and then i put a po on the s12.
6.Feelings during the trade:
nervous, but i know i cant to anything at this point. It is a valid setup one. The outcome is random.
I try not to be overanalytic and search for signs to eather give the signal validation och not.
7.Comments After Exiting the Trade: 
Proud that i took the signal. And i was disciplined. 
8. DS For this Trade: 1
9. DS Running Total: 14/18 (78% )
 

b2 T18.png

 
 
 

[eaxh]

I would really appreciate feedback on my analasys and thoughts .
I´m just base them from my level of knowledge.
So if anyone will add something please do
I am here to learn 
 
So today was not tradeble for me. 
I saw a Waltz on the s12 right after Lo, but without any dot. 
 
It didn´t form a setup. but i shouldn´t have taking it even if it did.

Skärmbild 2020-10-29 1.png

 

Skärmbild 2020-10-29 2.png

 
Back tomorrow for some new learning 
 

[immy]

I checked the higher timeframes and expect a move down. The premarket made a big move.Finding myself try to see the setup 1. Remind myself that if there is one i see it. I dont need to look for it, If its not there, its not a setup. Skärmbild 2020-10-26 1.png
  
Wen is the 4th wave no longer a 4th wave and a impulswave up instead?It is when it har retraced more than 61,8 % or is it when the candels are impulsive?At the end of wave 3 there was a very pullish pinnbar and the fact that the move up after it had mostly larger green than red candels.Or are some waves 4 like this? I guess this is a part of learning. To get a feel for the waves.This makes me confused = do not look for setups.Now we are over the london price and it gets rejected to go down again.
Lets see what it does. Finally something happens.
 The price breakes abow the purple on m1 and bounce right at it and creates a cherry on s12. 
Could this be the start of the 4th wave on m5?. Skärmbild 2020-10-26 3.png Skärmbild 2020-10-26 4.pngindicates that the price will move down.
It did, but didn´t create a setup for me.Another fantastic learningday and a Ds1 for me to not force trades.
 
 
 
 
 

 

Your Question... When is a 4th Wave not a 4th Wave ...

I knew there was a detailed post about it somewhere in the forum.... I FOUND IT...

https://itradeaims.net/forum/viewtopic.php?f=61&t=1355

Also When price goes on the other side of Purple ... we are NOT interested in that wave anymore. (subjective)