Emma´s T20 Journal

[Darren]

Congratulations Emma on getting funded - you have done incredibly well and I am sure you will keep it up! 
 
 

[immy]

Hi, 

I had no doubts whatsoever about it. When I saw your track record of consistent profitability and discipline score of 70% and above I suggested you try getting funded. But you were already working on it. 

There was no doubt in my mind that you will make it. You did not even fail once. That's so awesome. 

You have a great strategy and on top of that you have developed into a Disciplined Trader. You will make a lot of money now. You deserve and I can't wait to see that first $20K paycheck              

All the best 

Immy
 

[eaxh]

Congratulations Emma on getting funded - you have done incredibly well and I am sure you will keep it up! 
 
 

 

Thank you 
 
 

[eaxh]

Hi, 

I had no doubts whatsoever about it. When I saw your track record of consistent profitability and discipline score of 70% and above I suggested you try getting funded. But you were already working on it. 

There was no doubt in my mind that you will make it. You did not even fail once. That's so awesome. 

You have a great strategy and on top of that you have developed into a Disciplined Trader. You will make a lot of money now. You deserve and I can't wait to see that first $20K paycheck              

All the best 

Immy
 

 

Thank you Immy for believing in me when i am not 

Now the fun begins 
 
 
 

[eaxh]

So today i took 2 trades....

I am not superhappy with them....  They are Ds1´s. Not the highest score.
I was in with a small risk so almost -1%.

I am feeling a bit rusty.

Trade 1.png

 

Trade 1 H1.png

 

Trade 2.png

 

Trade 2 H1.png

 
 

[eaxh]

FORECAST AND PREP
 NEWS Treasury Currency Report Tentative
 Dax is not working for some reasons i dont know about.

I see that the us indices move good and therefore has good spread.



 THOUGHTS AND TRADES I am taking a short trade on nas. Its a rent. A valid trade.
After that the market is in a range.
It breaks it. With a shit shit. And i got rented again.
Total -1%

The firt trade- totally fine- Its a impuls and a pullback. The second one. hmmm... it was like hoping for a break. Not the trade i want to trade. 
 

Trade 3 and 4.png

 

Wierd is that i am feeling so calm.
I have my strategy, i have my risk management and i feel safe for once.
At the same time i am scared. Scared to mess it up.
And of course i start my new account with losers.

 I am finding myself with thoughts like I have to trade today to make money… I dont!!!!!! I just have to trade the good signals. And if they dont appear i dont trade.
That is hos i am going to maintain the success i have been until now.Feeling a bit lost and clueless….

Its like i have been feeling stressed for SO long and now i am in a new chapter with an opportunity to make a living on my trading. I have not understood that yet i think...


 I am taking my responsibility and not trading in that mindset…
I am taking a break and breaths.

 I am stopping here and coming back fresh on Monday.


 

[eaxh]

I  came back fresh and took this trade during NEO session

Trade 5.png

 
 

[eaxh]

Monday 2021-11-29
 FORECAST AND PREP
 NEWS nothing red.
 D1 range
 H1 hard to tell.. only have feed from fo
 M5 range (slight Tilted up)
 
volatility and volume looks good. Lets see what LO does with it.I am on M5 and drops down to M1 if i see a momentum move.


  THOUGHTS AND TRADES

 I can sit there and wait for a beautiful setup. No need to rush anything.
 Dax has broken down and i am waiting for a pullback.

Price goes back inside the range again.  M5 candle closes inside the range. A Clear rejection at the lows.


 Trade 6.
A po below a valid 2. Ds1 Rent NEXT.
A good trade. I was feeling calm. 

Trade 6.png

 

Goes further down an  does not give me a setup. ITs sets up to the upside but that is against M5 so i am not taking it. Also a h*ll lot to the left.

Not the trade i am looking for…. 

LO session is over. I have -1% so far today.
All good. Was a good one. 


NEO.
Nas is in a range on H1. After the strong Friday i dont expect a massive move todauy, but i will be ready if it is.

Dow Also moved alot last Friday, was in the same type of range as nas but has broken out of it to the upside this hour before the open. 

On M5 both are trending up.

We have a setup H1/M5 setup situation on dow, but as it is just before CIP i will wait for the open.
10 min left.


Trade 7
Took one trade to the upside.
One level to the left so not 100% but according to the rules. There was movement, pullback and a signal.
Ds1 and rent.

Trade 7.png

 


I have hit my DD today so i am leaving now. Have been feeling good today. I have been able to take distance to the fear and greed that almost always hits a trader at some point.
And that is making me become a better trader and seeing the charts more objectivly.

So all in all a great day.
 
 

[eaxh]

FORECAST AND PREP

NEWS Red USD news at 16:00

D1 Moving down, but within a wierd range with ALOT to the left
H1 probably down. Will see if it breaks Friday low.
M5 Range 

Valuable thoughts.
I am taking high probability trades. I should not have to think for long – is this a ds1 or a ds0… If i am iffy, just let the trade go.


 Dax is inside the premarket range. Goes and test the highs but gets rejected.

I am not really looking to short it as it´s still inside the range. But at the tame time we had a mini range and then a breakout.  GONE Now.
I swith to M5 and monitor the range. Dax has now broken out of the range to the upside. I am nog waiting for a signal. If it appears i press the buy-bar button.

Sellers were met… lets see if hte level holds.
It holds and i am seeing a 1. I am in
TRADE 8
I am feeling like this is definatly going to be a rent.
I dont like to see the trade develope…. When it does not move right away it most probably is a ren
I will just wait and see.
Rent
Ds1I am feeling the fear of losing money.
Taking a short break.

I am back.
Dax has broken out to the downside now. I am watching it and waiting for a signal.

TRADE 9

A 1 Is printed and i am in with a PO. It is a rent rather fast.
And my DD is hit today as well..At the moment it feels soo BAD.
I dont like to hit DD….



 Alot of days lately i have wasted (that is what it feels like) my risk on Shi**y dax.
Makes me want to ditch it.
Is it my dissapointment talking or should i stop dropping down to M1 on dax.
It has not been good for months now…

Trade 8 and 9.png

 
 
 

[eaxh]

This month has been the toughest one since i started to trade. 
I passed a challenge and i am now funded.
It has not really sinked in yet.

I made about 6% this month. GREAT. 

The month ended with being in a drawdown on the funded account. I am feeling it. BIG TIME.
Trading 1%  a trade is tough when in a drawdown. 

Like today and YD i hit my daily drawdown of 2 % which happens... the bad thing is that i cannot trade anything else. I cannot benefit from the moves on FX and i am not able to trade the US session which is the best one. 

If i trade 0,5% it will become easier on the mind and on the account. I have a good size account so a 5% month instead of 10% is very good too. 
The equity cure is going to be smoother and drawdown lesser. 

In december i will going to trade 0,5% trades. 

I am looking forward to december