Emma´s T20 Journal

[eaxh]

FORECAST AND PREP
NEWS Nothing to be aware of.
D1 Wide range
H1 Tight Bull channel
M5  Bearish BO.
I am feeling a bit low from the loss yesterday. Like i am below the horizon ( The BE on the acccount) and i NEED to go up from there NOW!!!
That i know logical is that if i the next 20 trades are about 80% disciplined i will go up. Thats all i need to do. Take the trades!
 
 
THOUGHTS AND TRADES
 

09.02.2022_09.12.21_REC Wednesday pic 1.png

 
 

09.02.2022_09.39.43_REC Wednesday pic 2.png

 
 

09.02.2022_09.47.12_REC pic 3.png

 
 

09.02.2022_09.55.03_REC 'wednesday pic 4.png

 
 

09.02.2022_10.08.19_REC pic 5.png

 

09.02.2022_10.27.02_REC last pic lo.png

 
It made a s1 pattern on M5 nd then a continuation. I was going to get in. It failed. 

09.02.2022_11.51.24_REC Lo Trade 23.png

 


I did good today. Disciplined.
 
 

[eaxh]

At neo i was disciplined at first glance. 
The trade i took is correct, BUT!!! Its not that cute that i want it to be. I am changing it to a Ds0.

09.02.2022_16.26.08_REC neo.png

 
Later in the evening i saw that Nas has broken out and a pulllback happened on M1. 
A Ds1 and BE

09.02.2022_18.48.33_REC trade 25.png

 

[eaxh]

FORECAST AND PREP
NEWS 10:05 GBP NEWS, 14:30 USD NEWS
D1 TALL TR
H1 TIGHT TR
M5 TALL TR
Reading the mental game of trading at the moment and i will not focus on making perfect trades. I will focus on sucking less… take less of brainfart
trades.
THOUGHTS AND TRADES
As the market shoots up i am feeling stressed. Stressed to miss out on the move.

To correct that behaviout that could follow i remind myself of that the market does what it does. If my setyp shows i will take a trade. Nothing else
 
Trade 27.
When my trade triggered i feel the nervousness rise inside me. Feel the urge to check the setyp again. Well.. i am not.  Its not 100% trade, its 70% and
that is a Ds1. I dont need anything else.

When i see that i moves in my favor i want to get out and secure my profits as i know i had a rather large sl.

My feelings are irrelevant here. I a just trading my setups.

It ends with BE.  There is a bit of dissapointment inside of me. I am aware of it though and i am not letting it interfere with my trading descisions.
 

10.02.2022_09.17.16_REC Thursday LO Trade 27.png

 
Filtered trade 1.

No cute! No impuls, no clean pullback. This is a forcing trade setup.
Filtered trade 2.

NO impuls. Just a range with a candle that was rejected from the 10 ema.
 
After that – stuck sideways and time for lunch. 

 

10.02.2022_10.36.27_REC Thursday lunch pic.png

 


Back at NEO.



 

[immy]

Hi Emma,

thought I'll comment on the trade you took on the 8th of Feb. 

Question:  Don't you think it's a Double bottom before your trade? It hit the low to the left twice and got rejected.

Personally, I've become a huge fan of the breakout of these levels. so there is a swing low, and then it got retested and got rejected. with 2 lows, it then became a Support. So, for support, we need at least 2 touches otherwise it's tentative/potential support or resistance of going long.

So for me its a Support because it has two touches and for that reason, since I know its don a trend, I will wait for a new low and then a signal.

my 2 cents

cheers

ps: you do what works for you, at this stage in your trading journey everyone else can only comment, it's your job to assess and adapt only if you deem necessary.
 

[eaxh]

Hi Emma,

thought I'll comment on the trade you took on the 8th of Feb. 

Question:  Don't you think it's a Double bottom before your trade? It hit the low to the left twice and got rejected.

Personally, I've become a huge fan of the breakout of these levels. so there is a swing low, and then it got retested and got rejected. with 2 lows, it then became a Support. So, for support, we need at least 2 touches otherwise it's tentative/potential support or resistance of going long.

So for me its a Support because it has two touches and for that reason, since I know its don a trend, I will wait for a new low and then a signal.

my 2 cents

cheers

ps: you do what works for you, at this stage in your trading journey everyone else can only comment, it's your job to assess and adapt only if you deem necessary.
 

 

Hello!

I understand what you mean. that was not really a great one....
I will probably place it in the Ds0 column at the weekly review.
I highly respect and enjoy your comments  


 




 

[eaxh]

NEO
 It moved at news 1 H prior to the open.

I will see if anything happens at the open.

 I see my valid setup and i am placing a po. I would lie if i say i am calm. I am scared. But i am just taking my setups and minimizing my errors. Hits 2 R
 

10.02.2022_16.05.27_REC neo trade 28.png

 

[eaxh]

FORECAST AND PREP
NEWS Nothing relevant.
D1 Tall TR
H1 Broken Bearish tight channel.
M5 TTR.
Setup 1 pattern on M1 just before the open.
THOUGHTS AND TRADES
 
 

11.02.2022_09.19.50_REC LO Trad 29.png

 
 
Goes down, i see a massive rejection at the bottom.
First M5 candle close very bullish.
And then a textbook setup on M1.
Got in and was scared. Allowed the fear to be there. I did not do anything.

Trade ended as 2R.

I am feeling some greed. I WANT MORE.
Which cause the problem of taking bad trades and then en up with the day BE or loser. ( Is that what happened today?)..... 
I am aware of that now and i will not do that. I´ll remain objective.
The key is to monitor the thoughts, feelings and behaviour.
Thats my main focus, not the Trading itself. Thats clear to me now.
 
Trade 30.

I hav one iffyness about this one. The level to the left.
But as its only one touch i did not consider it as a reason to filter the trade. Or was it a try to catch the breakout of the lo range.... 

11.02.2022_09.47.27_REC LO trade 30.png

 
 
 

11.02.2022_10.00.37_REC Lo last pic.png

 
Random Thought that has come to me during this week.

I have always seen myself (Future Emma) as a content, calm person who execute the trades nearly emotionless (like backtestingtrading).
The thruth is that i need my emotions. I need then to feel the urge to progress.


Wierdest AHA moment.
I am BEST when i am in a mental slump. The goal to ”get back again” is a major thrive for me.
And then when i reach BE or balance again in the probability i am content and calm, happy and ”the future is bright”.
When that happens i SKREW it up. Because then i am where i always wanted to be.
My problem is a static mindset.

I always need to have the ambition to get further. Even when i am killing it.


I will slowly get this sorted.




 
 
 

[eaxh]

This week has been Mentally tough.
I am working on mapping my emotions A`la the book The mental game of trading. 
And i Have a problem with fear of losing, fear of failure, fear of making misstakes and so on...

I have had a week of low confidence in trading and not peing profitable this week is not helping it. 

I know this is one week of many and just this particular week is not going to destroy or make my success. 

I am keep on going.

From next week forward i am going to have 3R targets.
I will move SL to BE at 1R.

RESULTAT.png

 

[eaxh]

FORECAST AND PREP

Read through the rules before the open. DONE

NEWS 17:00 RED US NEWS (After my Tradingtime.
LO/DAX
D1 Tall trading range
H1 Bear channel
M5 Trading range

Range broken before the open.
 
TRADES AND THOUGHTS ABOUT THE OVERALL SITUATION BEFORE, DURING AND AFTER THE TRADE 

14.02.2022_09.08.58_REC LO PIC 1.png

  Sideways micro mess and then a new low. Wait for a non impulsive pullback now

14.02.2022_09.15.40_REC pic 2.png

 

14.02.2022_09.28.27_REC pic 3.png

 

14.02.2022_09.43.54_REC pic 3.png

 

14.02.2022_09.57.33_REC last pic lo.png

 

14.02.2022_10.35.05_REC Pic after LO.png

 


No trades today during London open.
I was objective and it feels very good!
 
 
 
 

[eaxh]

 
FORECAST AND PREP
NEO/NAS
D1 Bearish BO
H1 Bearish channel broken.
M5 Hard do assess right now.
TRADES AND THOUGHTS ABOUT THE OVERALL SITUATION BEFORE, DURING AND AFTER THE TRADE 

14.02.2022_16.07.09_REC nas pic 1.png

 
 

14.02.2022_16.27.20_REC NEO last pic.png

 
 


By keeping myself objective and according to my rules, I prevent in hindsight regret what i have done / not done.
 
 
End of the day:

Have i followed my plan?

Yes i have and i am feeling good about it!

Have i written my feelings and thoughts to get them out of my system?

YES, i have monitored my feelings and assessed them objectivly and not been run over by them.

Have i seen my feelings and thoughts as signals and have i been aware of them and not let them take over me? EXPLAIN further.

Yes i have. I have written down them. Read my rules whenever i have been feeling confused or fearful/anxious.
Overall a great day.