Emma´s T20 Journal

[eaxh]

 Placed 2 trades before neo today. 
No broblem with them.just the wrong timing....

trade 10.png

 

trade 11.png

 

16.06.2022_15.33.54_REC NEO.png

 

16.06.2022_15.41.02_REC NEO DOW seed.png

 

16.06.2022_15.42.50_REC neo dow pic 2.png

 

Missing that one makes mee feel so stupid. ( seed on dow)
But M5 had been in a range before the open i will probably have taken it, but now m1 had been moving down so this one was harder to take.
The problem is not the ones i take, its the ones i dont take....
 
 

trade 12.png

 
 
 
 I will keep going. when i least expecting it, i wlll have a winning streak. 
 

[tombacon89]

You are doing all the right things in order to stay on track. Do not lose focus and faith. 

enjoying our m1 sessions! 

Keep going!

[eaxh]

You are doing all the right things in order to stay on track. Do not lose focus and faith. 

enjoying our m1 sessions! 

Keep going!

 

Thank you Tom

[eaxh]

Fisrt i have to assess. 
Does my edge exist here?
If no. Make a plan.
If it does this/that, then i will start to look for a trade. 
If my edge exist. Then look for an impuls. 





I am feeling bored at hte moment and look for clarity in the market = I am on my way to make an error. 
I am aware of that and i am waiting for clarity instead = M5 impuls/ M1 Range or anything with structure. 
Now it is a mess. Mess= not my edge. 

17.06.2022_09.13.52_REC friday daxyy.png

 

trade 13 och 14.png

 

 
 

[eaxh]

YD it was US bank holiday so i took the opportunity to take the day off.

1st trade
should not have been triggered. Was triggered by widening spread.
Pretty annoyed at that time. I let i go fast and concentrated on the market. There was nothing i could have done at that time to change it. 

2nd Trade
Due to gap and slippage the winner is not completely 3 R ig it goes to TP and the loss is a bit biggeer than 1 R... 
Went to TP.

21.06.2022_10.57.55_REC nas trade 15 and 16.png

 


Both dax and Nas need a reset now. And M5 pullback need to happento be able to take another long. 

21.06.2022_10.59.30_REC dax no trade.png

 

[immy]

YD it was US bank holiday so i took the opportunity to take the day off.

1st trade
should not have been triggered. Was triggered by widening spread.
Pretty annoyed at that time. I let i go fast and concentrated on the market. There was nothing i could have done at that time to change it. 

2nd Trade
Due to gap and slippage the winner is not completely 3 R ig it goes to TP and the loss is a bit biggeer than 1 R... 
Went to TP.21.06.2022_10.57.55_REC nas trade 15 and 16.png
 


Both dax and Nas need a reset now. And M5 pullback need to happento be able to take another long. 
21.06.2022_10.59.30_REC dax no trade.png
 


 

Thanks for posting this. I was really interested in finding out how you'd have done. The brokers are robbers. They rob us due to their ineffective software. Too laggy and too slow. But don't let that break your heart. Keep going, you're doing great.... 

ps: this template needs to be permanent now. STICK to it.... ONLY trade when all lines are aligned... you will benefit BIG TIME...
 
 

[eaxh]

21.06.2022_16.07.42_REC trade 17.png

 

[eaxh]

LO

I hesitated.
The pullback looked too tiny. I was scared that i would be selling the bottom. so i missed it.
The next candle opened with a gap so i did not have time to get an ideal entry and that added to the insecurity.

I am working on eliminating the hesitation. And i am also working hard on to not take a trade when i feel insecure cause in my case 
that is usually an indication of something being wrong with the setup and me trying to validate an unvalid situation.

In this particulair case is was a good setup. 
So in time i will get these straight and take more of this ones. With no hesitation.

22.06.2022_09.09.36_REC nas missed.png

 

Trade 18.
break of M5 cluster and a cute little signal. 
The seed was so darn small so was too small to take an entry on. so i had the stop at the previous signal. 
Rented. 
DS1

22.06.2022_11.00.03_REC trade 18.png

 

22.06.2022_11.00.51_REC dax no trade.png

 




NEO

I waited for the perfect setup and i got it. 

22.06.2022_16.17.44_REC trDE19.png

 
 
 

[vickyp]

Thanks for sharing Emma, I enjoy checking in on your journal.

[eaxh]

Batch 4 is done and i am out of DD. Not at BE on the account. but the slope down has come to an end.


What have i been doing good in this batch
- I have been taking trades in the correct context 
And that is, After an M5 pullback and after a range break.
-I have taken cute trades. not extented, not climactic and not slow. 
the impuls have been there. 
- I have not taken a trade after a missed one due to fomo. 
-I have taken trades based on onjectivity and i have had more certainty in what is my setup and what is not.
- I have been aware of M5 and the levels relevant to me .
- I have been taking CC in signal (confirmation candles) 

This eliminate some good signal, i know that. 
But for me it is more of an cure for overtrading. I concentrate on a certain kind of setups and becoming really good at them. 

What can i improve
Acually the onl problem in this batch.
- I have missed quite obvious trades in momentum moves due to hesitation. 
I will continue to work on that.
So dont hesitate when a setup is there. 

Problem with fixing this problem is that i start to overlook the hesitation and could be in a situation when i validate a signal 
i shouldnt. 

What i will do is take it slow. I will take the setups that look good TO ME. And eventually i will be more confident and miss less 
signals. 
 

I will continue with a half size risk for one more batch so i have a buffer for the normal risk DD without getting back to DD
right away again. 

resualts.png