Dennis T20 journal

[dcheungts]

Hi Everyone!

My name is Dennis and i joined AIM since a year ago. During this year i try hard to understand all the setup technique. It was hard because 
so much startegy with different Setup entrys. For me was not enought just to know the basic and thats why i needed to study deeper into all the entrys which at the end im very proud to say after 1 year study i have understand it.  

About myself, I m 45 years old and was born in Berlin ,Germany . My parents came from Hong Kong and immigrate to Germany . I finish my shool there and my first Job transfer me for a position to China. I life since 20 years in China now. During the conrona virus our company did not survive and i was discharge from my Company.

After 20 years in working field i dont have any mood to work aggain. So i decide to do something new , which can have time and support my Bills in China. But i dont want to open any business so decided to give it a try with Spot Forex.

At the begining i blow up many accounts , i have much problem with dicipline and i always over trade which lead to a disaster . ( the biggest problem is English........)  So some AIMS STrategy fit me very well to avoid the negative part of my Trading . Specially i like the T20 journal which hope can help me to improve my trading Skills .   

Is nothing matter bad or good comment all your reply are welcome !!!
Regards
Dennis
 

[dcheungts]

1. Trade Number: Batch 1 trade 01
2. Date/Time: 2021/05/11 Frankfurt Open 9:05
3. Symbol/TF: US30  5M 1M Entry
4. Signal Type / Direction : Setup 1 Buy
5. Comments and Feelings at the Time of Taking The Trade: I saw the 5M Structure which broke the Structure left and create a new High with a clean Pullback to 10-20 ema. Set PO with 15 SL   TP 45   Target was Fibo ext.127 .Because of first trade with this System i was very nervouse.

6.Comments After Exiting the Trade: Happy not about the wining R`s and % or Money , because all Step was planned and not any gambling involve!  

Trade Result :  Win  3R
Invest 1%   Return 3%


7. DS For this Trade: ??    Untill now i still not understand this DS issue or wht it means . Maybe some one can explain to me ????
8. DS Running Total: ??                                                        ""

Total Result this batch : 3R  / 3%

20210511140459 1405.png

 
 
 

[dcheungts]

1. Trade Number: Batch 1 trade 02
2. Date/Time: 2021/05/11 Frankfurt Open 10:56:05
3. Symbol/TF: US30 5M 1M Entry
4. Signal Type / Direction : Setup 1 Short
5. Comments and Feelings at the Time of Taking The Trade: I saw the 5M Structure which broke the Structure left and create a new Low with a clean Zig Zag Pullback to 10-20 ema. Set PO with 15 SL TP 45 Target was Fibo ext.127 . As i use Tick chart for the final entry  confirm , the tick chart didnt have  a Pink dot during the Entry . 

Trade Result : Win 3R
Invest 4% Return12%
6.Comments After Exiting the Trade: Great day 


7. DS For this Trade: ?? Untill now i still not understand this DS issue or wht it means . Maybe some one can explain to me ????
8. DS Running Total: ?? ""

Total Result this batch : 6R / 15%

20210511155628 1556.png

 
 
 

[dcheungts]

1. Trade Number: Batch 1 Trade 3) ]
2. Date/Time: 2021/05/11 16:00 
3. Symbol/TF: US30 5M 1M
4. Signal Type / Direction : 1M S1 Short
5. Comments and Feelings at the Time of Taking The Trade:  I was worry about the 5M Structure because it had a big drop . There was no any pullback which can used for entry . And i faced below a crictial main structure SR . So i decided to move the SL to BE after reach a 2 R for protecting vs a loose.  

Targeting area is Fib extension area 1.27

6.Comments After Exiting the Trade: The BE SL moving was completely wrong . I did not understand why i set the SL for a little profit . If i set him to BE then the pullback could srvie and  win this trade with a 3R but now  i still won a 1R . Really stupid mistake !   But entry to Traget zone fibo was met. So overall was a good Trade accorrding to the Rules

Trade Result :  Win  1R
Invest 1%   Return 1%


7. DS For this Trade: ??    Untill now i still not understand this DS issue or wht it means . Maybe some one can explain to me ????
8. DS Running Total: ??                                                        ""

Total Result this batch : 7R  / 16% Profit

20210511210744 1600.png

 %
 
 
 

[immy]

Hey Dennis

Congratulations on starting your journal. T20 is a great method I love it.

Enjoy your trading and make it your own....


cheers

[dcheungts]

1. Trade Number: Batch 1 trade 04
2. Date/Time: 2021/05/24 12:06
3. Symbol/TF: Nasdaq100  89Tick Chart
4. Signal Type / Direction : Setup 1 Buy
5. Comments and Feelings at the Time of Taking The Trade:Worry about the 13500 zone But is enough room for a 15 point to close 50%  SL15   TP 45   Target was Fibo ext.127 .

6.Comments After Exiting the Trade: Very fast reached a 15 TP to close my 50% . The rest of 50% was at no risk any more so not really care about the final Result.  But at the end the 13500 was to strong and come back to hit my Trailing SL. At the end i won 1% 
Sure i was little sad that he miss the final TP about 12 point . But overall im happy because all action was planned without any emotion and i believe this is the better way to win consistantly.


Discipline was very good 
Wait patience for the Bigger Trend  DS+1
Fractal Break entry DS+1
Money managment DS+1    No extra add trades
Letting it hit my SL   DS+1 

Trade Result :  1R 
Invest 1%   Return 1%


7. DS For this Trade: DS+4  of 80
8. DS Running Total: 4                                                        ""

Total Result this batch : 8R  / 17% Profit

Foto 1  89 Tick Chart 
Foto 2  1M Mt4 Chart 

I like to use the TIck chart more then the 1M chart because it elimate the noise on the structre . This create a big difference on the S1 confirm at the AO due less price noise. You can compare the S1 in 89 tick chart vs the M1 . As the 89T confirmed the S1  we didnt have a confirm in 1M .

At the end the expected TP was reach without me !  But anyway im happy with this result ! 
 
 
 
 

[dcheungts]

1. Trade Number: Batch 1 trade 05
2. Date/Time: 2021/05/26 10:09
3. Symbol/TF: Nasdaq100  1M Chart
4. Signal Type / Direction : Setup 1 
5. Comments and Feelings at the Time of Taking The Trade: Price Retrace very deep i had bad feeling about this Trade ,but ABCD with a Break of this was a good sign to set a pending order below the BOX.

6.Comments After Exiting the Trade: Was a good Setup and reached my TP target .


Discipline was very good 
Wait patience for the Bigger Trend  DS+1
Fractal Break entry DS+1
Money managment DS+1    No extra add trades
Letting it hit my TP   DS+1 

Trade Result :  2R 
Invest 1%   Return 2%
SL 12
TP 25 

7. DS For this Trade: DS+4   
8. DS Running Total: 8 of 80                                                        ""

Total Result this batch : 10R  / 19% Profit

 
 
 
 
 

[dcheungts]

1. Trade Number: Batch 1 trade 06
2. Date/Time: 2021/05/26 16:31
3. Symbol/TF: Nasdaq100 1M Chart
4. Signal Type / Direction : Setup 1 Short
5. Comments and Feelings at the Time of Taking The Trade:  Strong Short Move , Pullback which create a Setup 1 . Entry during a Strong SR level at 13710 Level.

6.Comments After Exiting the Trade: Was a good Setup and reached my Rollover TP target before reverse.


Discipline was very good
Wait patience for the Bigger Trend DS+1
Fractal Break entry DS 0 No points for Marketing order 
Money managment DS+1 No extra add trades
Letting it hit my TP DS+1

Trade Result : 2R
Rollover from Trade 05 Invest 3% Return 6%
SL 20
TP 40

7. DS For this Trade: DS+3
8. DS Running Total: 11 of 80 

Total Result this batch : 12R / 25% Profit
 
 
 
 

[immy]

Hey Dennis

I am enjoying your posts. Massive step forward but lots of work to do

Keep going and keep getting good at it ....

cheers

[dcheungts]

Hi Immy,
thanks for reply ! I think im only able to trade the Setup1 formation . This is the only one Setup which i have confident to win .

Regards
Dennis