Emma´s T20 Journal

[eaxh]

German news all day.
I had in the back of my mind that it could be a very slow day because of that.  Anyway.. i dont really need to take that any further as i just trade my setup. 

30.08.2022_11.44.29_REC dax trade 15.png

   

30.08.2022_11.42.24_REC dow.png

 

[eaxh]

German news all day.
I had in the back of my mind that it could be a very slow day because of that.  Anyway.. i dont really need to take that any further as i just trade my setup. 30.08.2022_11.44.29_REC dax trade 15.png
   30.08.2022_11.42.24_REC dow.png
 



 

Welcome to back ---- you seem to have found your way back... 
 
ps: consider 5R targets. with TM as mentioned. You could even do, BE at 1R then start moving SL with 2R gap. until it goes above 4R then you lock in 3R. I don't keep targets anymore. I just trail it after 2R. My first SL move is at 2R and then it just keeps trailing it at 2R distance. 
 

 

Thank you! It feels great

I am concidering it. Like the one today would have been a good one.
Thank you for the example on how to trail sl

I hope you have had a good holiday 
  

 

[eaxh]

Today we have important news in the afternoon. 
Nothing really that i have to concider during london open. 

Nas have normal spread today so i am watching nas and dax as usual. 

I will post the charts of today below.

31.08.2022_10.57.19_REC nas.png

   

31.08.2022_11.01.05_REC DAX trade 16.png

 
 

[eaxh]

no news untill the afternoon.


DAX red line. 
I was looking a the chart. Saw that M5 continued, the firt pullback on M1 was too ompulsive to the upside. 
When the second one was there i was not sure about that the new pullback had too much pullback.
If and when a similar situation comes again i can focus on the cleaness of the chart and the fact that the emas were still in downwards direction. 

Here are the charts of today. 

01.09.2022_10.56.15_REC nas.png

 
EDIT= Trade 18

01.09.2022_10.57.07_REC dax trade 18.png

 
 

[eaxh]

BATCH IS DONE!!!!!!
CANT WAIT TO REVIEW IT. 
 
News = NFP later in the day. Could affect the trading session in terms of low volatility. Can take trades if my setup occurs. 

Here are the charts of today 

02.09.2022_11.55.39_REC nas trade 19.png

 

02.09.2022_11.57.45_REC DAX trade 20.png

 
 

[eaxh]

This have been the most hard YET the one that have been most rewarding.

 Story about the batch.

It started in DD, i had a hard time with accepting that i was in DD. I could not face the fact that i had messed up. I was in denaile and just wanted to fast forward to the point were i was going to be out of DD.
I did not see at that point what i was doing wrong.

 ”I was 8 trades into the batch and just had BE´s and rents and i just could not continue that way.
I started to look back at my journey, from the beginning and i have not been that aweful of a trader that i am now.
Something was needed to happen. I needed to get to the root of the problem and i did.
I was not paying attention to the market as a whole, i had tunnelvision. I just saw the setup without the context. I had to reach the bottom to realise that.The goal i have is just getting more far and far away the harder i try.
What i did and still doing is that i am being present in the NOW. That the only thing we will ever have. I have to appreciate the now to start to achieve the goals and dreams i have.
What i can do today is what i have to focus on.”


By starting to be aware and present in the now gave me the clarity i need to see the market for what it is. I saw the success i had in the beginnng of my trading journey. I knew a fraction about trading relative to what i do now. I saw that the simpleness in the beginning was in my favour.

I added the box and comitted to trade ONLY in break and retest situations and in continuation situations.

LET THE RESULTS SPEAK FOR THEMSELVES
 

RESULT.png

I need to add that i lowered my tradingsize significantly to not lose the funded account.
I am now enjoying and trusting the process.


I will from now on SLOOOOOOOOWLYYYY increase the size and build the account.
 
 

[eaxh]

BATCH IS DONE!!!!!!
CANT WAIT TO REVIEW IT. 
 
News = NFP later in the day. Could affect the trading session in terms of low volatility. Can take trades if my setup occurs. 

Here are the charts of today 
02.09.2022_11.55.39_REC nas trade 19.png
 02.09.2022_11.57.45_REC DAX trade 20.png
 
 




 

You don't need my advice, but nothing better to for me so I thought why not comment on one of the charts

It's just me, but I won't trade here. I will only trade if the RANGE is broken... and since this is the London session on NFP day, I won't have touched this. This is NOT where the EDGE exists. ... ONLY trade MOVING MARKETS... Sit on the sidelines all month if you must... 

 2022-09-02_14-22-20.jpg
 

But this next one... THAT IS E XACTLY what we like ... 


 
 

 

I see and understand that comment. That is not the A+ banana, though i see it as a valid one. 
I also see how only taking signals in a moving market skyrocket the results. 
 

[eaxh]

This have been the most hard YET the one that have been most rewarding.

 Story about the batch.

It started in DD, i had a hard time with accepting that i was in DD. I could not face the fact that i had messed up. I was in denaile and just wanted to fast forward to the point were i was going to be out of DD.
I did not see at that point what i was doing wrong.

 ”I was 8 trades into the batch and just had BE´s and rents and i just could not continue that way.
I started to look back at my journey, from the beginning and i have not been that aweful of a trader that i am now.
Something was needed to happen. I needed to get to the root of the problem and i did.
I was not paying attention to the market as a whole, i had tunnelvision. I just saw the setup without the context. I had to reach the bottom to realise that.The goal i have is just getting more far and far away the harder i try.
What i did and still doing is that i am being present in the NOW. That the only thing we will ever have. I have to appreciate the now to start to achieve the goals and dreams i have.
What i can do today is what i have to focus on.”


By starting to be aware and present in the now gave me the clarity i need to see the market for what it is. I saw the success i had in the beginnng of my trading journey. I knew a fraction about trading relative to what i do now. I saw that the simpleness in the beginning was in my favour.

I added the box and comitted to trade ONLY in break and retest situations and in continuation situations.

LET THE RESULTS SPEAK FOR THEMSELVES
 RESULT.png
I need to add that i lowered my tradingsize significantly to not lose the funded account.
I am now enjoying and trusting the process.


I will from now on SLOOOOOOOOWLYYYY increase the size and build the account.
 
 


 

This is an important lesson. Perhaps one of the final lessons you will learn. 

The winning traders, at times, lose their way. But once they do it and find their way back, it gets increasingly harder from them to lose their way. 

You have found your way back and now you will be EVEN better "visionary" trader. 

You have perfected what you want from the market and what you must to do to get what you want from the market while still accepting what the market has to offer. 

From this point onwards, the WIN RATE and the profit is NOT just the Strategy but also the FRUIT of your WORK, your passion , your dedication. The profit you make now, from this point onwards, is the DIRECT indication of HOW GOOD YOU ARE AT WHAT YOU DO. 

Not many people make it to this point. 

Congratulations and continue to reach new levels... keep going 

ps: THE BANANA .... rocks

 

I really appreciate this! I had a very tough time and i came out on the other side. 
Thank you for seeing that as well!

I am looking forward to continue with this higher awareness and see where it takes me

BANANA ROCKS!! But what rocks more is the education on AIMS. 


 

[eaxh]

Today i took a trade premarket. 
I usually wait for the open but this setup was too good to pass on ( or so i thought ) 
Hindsight. Could have been filtered due to H1 levels, I see that. 

Besides that i assessed the situation correct. I did not see enough volatility and trends to trade. 

05.09.2022_10.51.18_REC dax trade 2.png

 

05.09.2022_10.53.18_REC nas.png

 
 


FRIDAY NFP. 
After the news release on friday i placed 2 trades. 
No follow through so i left after that. 

02.09.2022_15.03.07_REC trade 1.png

 

02.09.2022_15.14.37_REC trade 2.png

 
 

[Minsk]

This have been the most hard YET the one that have been most rewarding.

 Story about the batch.

It started in DD, i had a hard time with accepting that i was in DD. I could not face the fact that i had messed up. I was in denaile and just wanted to fast forward to the point were i was going to be out of DD.
I did not see at that point what i was doing wrong.

 ”I was 8 trades into the batch and just had BE´s and rents and i just could not continue that way.
I started to look back at my journey, from the beginning and i have not been that aweful of a trader that i am now.
Something was needed to happen. I needed to get to the root of the problem and i did.
I was not paying attention to the market as a whole, i had tunnelvision. I just saw the setup without the context. I had to reach the bottom to realise that.The goal i have is just getting more far and far away the harder i try.
What i did and still doing is that i am being present in the NOW. That the only thing we will ever have. I have to appreciate the now to start to achieve the goals and dreams i have.
What i can do today is what i have to focus on.”


By starting to be aware and present in the now gave me the clarity i need to see the market for what it is. I saw the success i had in the beginnng of my trading journey. I knew a fraction about trading relative to what i do now. I saw that the simpleness in the beginning was in my favour.

I added the box and comitted to trade ONLY in break and retest situations and in continuation situations.

LET THE RESULTS SPEAK FOR THEMSELVES
 RESULT.png
I need to add that i lowered my tradingsize significantly to not lose the funded account.
I am now enjoying and trusting the process.


I will from now on SLOOOOOOOOWLYYYY increase the size and build the account.
 
 

 

well done Emma, difficult hole you were in and you dug yourself out of it. Ace!
thank you for sharing so I can learn from you. Although these things one needs to experience. It helps knowing others have dug themselves out, and how they did that.