Emma´s T20 Journal

[eaxh]

I have entered a new stage in my trading.  Or should i say in my view in trading. As i understand more i also want crystalclear rules so i can maintain objective. 

I have gone through the charts that i have traded today.

I also have a question for Immy  
I have not traded the second pullbacks as i dont really know when?! A little embarrassed about being clueless in this matter.

31.01.2022_19.48.14_REC QUESTION.png

 

THE DAY 

31.01.2022_19.29.14_REC DAX REVIEW.png

 

31.01.2022_19.39.12_REC NAS REVIEW.png

 

31.01.2022_19.45.08_REC DOW REVIEW.png

 

 

[immy]

I have entered a new stage in my trading.  Or should i say in my view in trading. As i understand more i also want crystalclear rules so i can maintain objective. 

I have gone through the charts that i have traded today.

I also have a question for Immy  
I have not traded the second pullbacks as i dont really know when?! A little embarrassed about being clueless in this matter.31.01.2022_19.48.14_REC QUESTION.png
 

THE DAY 31.01.2022_19.29.14_REC DAX REVIEW.png
 31.01.2022_19.39.12_REC NAS REVIEW.png
 31.01.2022_19.45.08_REC DOW REVIEW.png
 

 

 

Hi Emma

I know the feeling

My idea is that I want to be in the first pullback, if I havethen its far easier for me to take the 2nd pullback. if the TREND is up, we don't really need  Breakout phase for the 2nd pullback, just a pullback is enough. 

hope his helps 

cheers 

[eaxh]

I have entered a new stage in my trading.  Or should i say in my view in trading. As i understand more i also want crystalclear rules so i can maintain objective. 

I have gone through the charts that i have traded today.

I also have a question for Immy  
I have not traded the second pullbacks as i dont really know when?! A little embarrassed about being clueless in this matter.31.01.2022_19.48.14_REC QUESTION.png
 

THE DAY 31.01.2022_19.29.14_REC DAX REVIEW.png
 31.01.2022_19.39.12_REC NAS REVIEW.png
 31.01.2022_19.45.08_REC DOW REVIEW.png
 

 


 

Hi Emma

I know the feeling

My idea is that I want to be in the first pullback, if I havethen its far easier for me to take the 2nd pullback. if the TREND is up, we don't really need  Breakout phase for the 2nd pullback, just a pullback is enough. 

hope his helps 

cheers 

 

Thank you for the answer. I will try to start taking them when its trending nicely, want to take away my mental block 
 Its helpful! 

Cheers 
 

[eaxh]

FORECAST AND PREP
 
NEWS RED US NEWS AT 16:00
D1 Wide range
H1 Trading range

 THOUGHTS AND TRADES
 
Trade 7.

Dax broke out to the upside and the impuls ended with a slow down pattern and made a signal 1 to go long. As it was a mico pullback on M5 after a strong TC i went long IFFY as h*ll.
Hit 2 R within 1 minute.

Ds1

 

01.02.2022_09.17.43_REC Trade 7.png

 
Trade 8

Valid. Continuation on M5 setup. Trade 9


Valid. BE


 

01.02.2022_10.20.36_REC Trade LO.png

 

[immy]

I have entered a new stage in my trading.  Or should i say in my view in trading. As i understand more i also want crystalclear rules so i can maintain objective. 

I have gone through the charts that i have traded today.

I also have a question for Immy  
I have not traded the second pullbacks as i dont really know when?! A little embarrassed about being clueless in this matter.31.01.2022_19.48.14_REC QUESTION.png
 

THE DAY 31.01.2022_19.29.14_REC DAX REVIEW.png
 31.01.2022_19.39.12_REC NAS REVIEW.png
 31.01.2022_19.45.08_REC DOW REVIEW.png
 

 



 

Hi Emma

I know the feeling

My idea is that I want to be in the first pullback, if I havethen its far easier for me to take the 2nd pullback. if the TREND is up, we don't really need  Breakout phase for the 2nd pullback, just a pullback is enough. 

hope his helps 

cheers 


 

Thank you for the answer. I will try to start taking them when its trending nicely, want to take away my mental block 
 Its helpful! 

Cheers 
 

 

Just thought I'll add this to it. 

We have to know that we CAN if we want, trade within a TRENDING CHANNEL. there is nothing wrong with it, it has the edge. Ideally, first entry is usually after a breakout and first pullback, EXACTLY the way you took it today (1st feb 2022). cheers 
 

[immy]

FORECAST AND PREP
 
NEWS RED US NEWS AT 16:00
D1 Wide range
H1 Trading range

 THOUGHTS AND TRADES
 
Trade 7.

Dax broke out to the upside and the impuls ended with a slow down pattern and made a signal 1 to go long. As it was a mico pullback on M5 after a strong TC i went long IFFY as h*ll.
Hit 2 R within 1 minute.

Ds1

 01.02.2022_09.17.43_REC Trade 7.png
 
Trade 8

Valid. Continuation on M5 setup. Trade 9


Valid. BE


 01.02.2022_10.20.36_REC Trade LO.png
 

 

Oh I took the 2nd trade as you as well and exited at the high, that was my intention. it was slow AF and I hate slow movers. 

I could not trade the move down, it was massive, dax gave back all its gains. 

cheers 

[eaxh]

NEOThe first filtered signal is filtered based on the level on M5 (Range Low) .

 

01.02.2022_16.13.59_REC trades NEO.png

 
I did half good in this session. The pullback was impulsive. Not Ds1

 

[immy]

NEOThe first filtered signal is filtered based on the level on M5 (Range Low) .

 01.02.2022_16.13.59_REC trades NEO.png
 
I did half good in this session. The pullback was impulsive. Not Ds1

 

 

Hi, Emma

You took a lovely trade this am, and afternoon session was also not bad.

Let me help you understand what happened here. From a second person's point of view and with objectivity. Not trying to appease or insult you. Simply stating the facts from my objective point of view. (objectivity can also be a bit relative). 

You did not trade the first one, based on a filter. That's fine, but I can say, that perhaps in the back of your mind you were protecting your previous profits. It's possible but probably yes or no. You will know better if you think hard. 

Second point, the trade that you took is a CLEAR sign of FOMO. Otherwise, you'd now, with benefit of hindsight, agree that the quality of the first trade was much higher than the second. 

 Hope it makes sense. 

cheers Immy 
 

[eaxh]

NEOThe first filtered signal is filtered based on the level on M5 (Range Low) .

 01.02.2022_16.13.59_REC trades NEO.png
 
I did half good in this session. The pullback was impulsive. Not Ds1

 


 

Hi, Emma

You took a lovely trade this am, and afternoon session was also not bad.

Let me help you understand what happened here. From a second person's point of view and with objectivity. Not trying to appease or insult you. Simply stating the facts from my objective point of view. (objectivity can also be a bit relative). 

You did not trade the first one, based on a filter. That's fine, but I can say, that perhaps in the back of your mind you were protecting your previous profits. It's possible but probably yes or no. You will know better if you think hard. 

Second point, the trade that you took is a CLEAR sign of FOMO. Otherwise, you'd now, with benefit of hindsight, agree that the quality of the first trade was much higher than the second. 

 Hope it makes sense. 

cheers Immy 
 

 

You are 100% correct!! I appreciate your honesty!

First one was only filtered based om the level. Nothing else wrong.
The second one was bad, fomo, ugly.. agree!

Next



 

[eaxh]

FORECAST AND PREP
NEWS New at 14:15 and OPEC meetings all day
D1 Wide range
H1 Bull channel
 
THOUGHTS AND TRADES
Trade 11
I was trying to be more open….. It was moving up, aboww the level to the left and signaled. Ugly? YES.

A BIG FAT DS0
Pic…

 


I accept the loss and stupidity. I dont need 100% Ds score to make it so this is okey.

Going forward.
When i take a Ds0 trade i feel SOOO STUPID. I want to bann myself from the charts.

But at the same time i have to allow myself to do misstakes. Is a part of the game, the consistent profitable trader also makes misstakes.

What seperates the better from the worst is how they/we handle that misstake.
 
Trade 12.
I am just taking my signals!!!!!!!! This was extremely hard to take i would say.
+2R.
 
I am taking the rest of the AM off…. Need to cool off.



Cooled of quick. Not the cutest i have to admit,

Trade 13.

BE Ds1
 

02.02.2022_09.56.47_REC pic 2 LO trade 13 triggered.png

 

02.02.2022_10.06.31_REC LO last pic.png

  NEO.

Nas opens down. Lets see if i get a pullback before it gets climatic.

Pullback came but did not trigger.

Later it went down again with a impuls and a pullback with a signal. I went in as it was valid. Got 2 R from it.

Ds1

02.02.2022_15.53.06_REC only pic neo.png