Emma´s T20 Journal

[eaxh]

 I have now found the thing that i going to stick to.
Scalping.
Mostly on M5, but i will also allow myself to scalp on M1 when it can be done.
I have the 20 ema as a guide, shorts below and longs above. can use the outher band as target.

When i am ready i can trail the 20 ema, for bigger moves, but scalping is good for now!

onsdag 2021-05-19.png

  

2, onsdag M5 LO.png

Inked2, onsdag M1 LO_LI.jpg

 
 
 
 

[immy]

FORGET M1
FORGET KC

NAKED
(YOU NORDS LIKE SKINNY DIPPING ANYWAY)

OR
(LOBOT) 10/20 WITH HUNT 2.0 INDICATORS

[eaxh]

FORGET M1
FORGET KC

NAKED
(YOU NORDS LIKE SKINNY DIPPING ANYWAY)

OR
(LOBOT) 10/20 WITH HUNT 2.0 INDICATORS

 

I get it 
 
i am watching the stream from today and things start to fall in place. The rangescalps, wow!

This is exiting. I have acually thought about removing the kc now when I am on m5, I dont look at it for anything.
I just need the ema's and the hunt 
 

Have a Nice weekend 
 

[eaxh]

Torsdah 2021-05-20.png

Today at the open. The market was in a trading range. 
The overall thend on H1 was down, but in a correctionphase it looked like.

I saw that it moved within it and then created a bar which to me looked bearish. The only problem was that it was inside the range.
I´ve looked at todays stream with sam and Immy and i got the answer to what i did wrong.
Trendbar or directional bar close to range low/high is an indication that its still rangebound and i can scalp inside the range. 
And if the bar closes outside the range, its breaking out. 

So i can say that i took a trade in hope that it would be breaking out. 
And immy also pointed out that he was long when i was short, but i just froze...

Then i had good trades. one that i got kicked out to early, (2nd trade today) but still good entry.

I am starting to see the marhet mor clear. i am looking more on daily and hourly than i had before. 

Problem: i have patient like a three-year-old and desiscion anxiety is my middle name....

I am working on it.
 
 

2, torsdag LO M1.png

 

2, torsdag LO M5.png

 

[eaxh]

fredag 2021-05-21 .png

Batch 2

Ds Score: 71%
Winrate: 48% ( thanks to M1 chart....)
Profit: 4,16%

The first week of my new way of journaling is over and this it the way i am going to journal now. I have overwiev of them all and i see my misstakes and my good descicion so i see more clear what i need to work on.

This week i made a major change. From wednesday i decided to have M5 as my primarily timeframe and to look more on H1. 
I still allow myself to take trades on M1. But only when m5 is clearly moving outside a range to have a better entry or a little scalp.

I see a major change in my profitability. This wednesday i had the best day ever. 6,1%.

The endresult of this week is +4,16% which i am really happy for. 

I think i can now say that i have found my style of trading. 
To scalp M5 witch help of 10/20 ema and levels from H1 is what seems to make most sense to me. 

I have removed the KC, i thought that that would allow me to scalp the s*it out o m1, but it just made me confuse, i took trades that made no sense at all and it affected my profitability badly.

I first had a hard time with patient and i still do from time to time. On M5, it is slow....
Its so slow that my brain analyse 10 times in one candle.
But i see the value in it and i know that it will get better.
So i will keep going.

I start to see how i can scalp the M! on M5
chart so i dont have to look at M! at all. 

I have now also started to use a slightly different risk management. My 1% risk is based on a fixed sl so in low volatility i risk less and when it moves more i risk a little more so the winners are bigger than the loosers.

I am really looking forward to see what the next week with my new approach give me 
 

fredag trades.png

 

fredag us30.png

 

[eaxh]

Today dax was closed at my broker

So i arrived at us open. Us30 was inside alot when i looked to the left. 
Nasdaq was moving and when is was alove a level i had marked i looked for a entry.
I hesitated and did not enter until late in the move, and on m1 as well....
And i hesitaded even more and traded a small lotsize.

I had in mind that its moving up and now i am in it so i should managed it correctly. As it was already up there i had in mind that it could snap back quick so i trailed candles and got myself 0,74%, which it perfectly fine as i had a small lotsize.

Nasdaq m1 trade 1.png

 

Nasdaq m5 trade 1.png

 
 
 

[eaxh]

EDIT: Trade 4 and 5 was when the EMA'S was horisontal....
           I just keep forgeting it.... 

Today i saw the D1 and H1 as trending up. ( DAX) 
On M5 i saw a range at LO.

I now have a 1% risk based on 30 pips.

Tisdag .png

It broke the range quick so i got in om M1 on a pullback. Tried one more time but that one failed. 

tisdag 2 och 3.png

 Then i tried to go in on a pullback on M5 so catch the possible push down again. failed twice....
Then i saw this triange/wedge on m5, waited for it to broke. Held it through ALOT. when it finally broke out i trailed candles and got out with a small winner. was thinking that i peobably got out to quick so i waited for another pullback and got a small winner there as well.

i then thought i woul catch ANOTHER one... A third one? i dont take the 3rd pullback, so not okey!

tisdag. trade 4-9.png

 

Tisdag Trade 6.png

 2 valid trades on Us30. Was BE in total..

tisdag trade 10 och 11.png

 This was the last trade of the day. Immy called this one out, i took a look and decided to enter.
When it pushed down and got to the pre-low i placed SL at BE.
Was thinking that i could trail the candles but not the inside ones. then the buyers kicked in so was

Tisdag trade 12.png

 
Today it was hard to trade, the pushes were small and the momentum was shortlived.
I think that most of my trades are valid.

On trade 8 and 9 i should have done the opposite. i was in a bearish mode, but with hindsight it was rangeing.

My fingers is itching when i am in a trade.

One thing that i think i am improving on is to hold the trades in the beginning and not go out as son as i am in a looser.

I dont know if i overtraded....
 
 

[immy]

I think i can now say that i have found my style of trading. 

To scalp M5 witch help of 10/20 ema and levels from H1 is what seems to make most sense to me. 


 

Congratulations Upon Entering STAGE 3: Only a FEW Aimsters have entered this stage of trading. Well done. 
  I am so proud of you. You've worked so hard. and Yet, you know, this is only the beginning. 

all the best.  
 

[eaxh]

I think i can now say that i have found my style of trading. 

To scalp M5 witch help of 10/20 ema and levels from H1 is what seems to make most sense to me. 



 

Congratulations Upon Entering STAGE 3: Only a FEW Aimsters have entered this stage of trading. Well done. 
  I am so proud of you. You've worked so hard. and Yet, you know, this is only the beginning. 

all the best.  
 

 

THANK YOU iMi 
 
Yes, it is just the beginning and more and more things falls into place and some adjustments is being made but the basis is solid and that feels awesome 
 
 
 

[eaxh]

Today i looked at the D1 and it was in a very spiky and wide uptrend. it was making hicher lows and higher highs.

The H1 has started a move down from yesterday, but it hasnt cleared the Pre low so i saw it as it vas in a wide range.

M5 was inside ta range. 

Today i was afraid of loosing. 
hesitated and sufficating trades with a small SL.

I had not fully understand the SL placement.
But thanks to Immys video today about KC i Now have a better understanding. 

There is another confusion with when to take profits.
What i miss from the Kc is that i can have the outer band as a messuerment to start thinking about taking profits. 
But i also like to have the 10 ema there to have a guideline on when its okey to enter a pullback.
To not get in way too early.

The other thing i have noticed more and more is that i cant have to many different way to manage the trades. I get confuse on when to do what. 
But also a problem i have is that my memory is not working in my favor. It is extremely poor....

Therefore i need some clear guidelines wwhen and what to do. 
Like a short but clear checklist i can come back to.

That is what i am working on.

I love scalping however,

Onsdag .png

 

onsdag Lo m1 131415 16.png

 

onsdag Lo m5 17-21.png

 

onsdag NEO us 30 m5 23.png