Didn't get this great EJ trade, went off before FO, I while I like my GU and EJ entries I don't love the exits. Trailed GU a bit too closely at LO, closed EJ when it failed a couple times to break the M5 high only to later see it go on and hit my TZ1 TP at about 141.63-ish. Oh well, next
Dave from Sydney's Journal [Awarded Title: the Box-Trader]
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Re: Dave from Sydney's Journal
Some charts from yesterday, also paid a couple small rents, and didn't trade today.
Didn't get this great EJ trade, went off before FO, I while I like my GU and EJ entries I don't love the exits. Trailed GU a bit too closely at LO, closed EJ when it failed a couple times to break the M5 high only to later see it go on and hit my TZ1 TP at about 141.63-ish. Oh well, next
Didn't get this great EJ trade, went off before FO, I while I like my GU and EJ entries I don't love the exits. Trailed GU a bit too closely at LO, closed EJ when it failed a couple times to break the M5 high only to later see it go on and hit my TZ1 TP at about 141.63-ish. Oh well, next
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Re: Dave from Sydney's Journal
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Re: Dave from Sydney's Journal
One day I'm going to wake up to myself and piss off all of those other charts...... (angry)
( ~x( 8-}
In all seriousness though, the way DAX is going at the moment and the way I've seen it move over the last few years, day in and day out, giving 100 pip moves from 10 pip M1 stop losses, lovely repeating waves, respecting the rules of AIMS, I must have rocks in my head. Who knows, maybe this is a moment where my focus is forever honed?! Missed the break but jumped right on that seed
In all seriousness though, the way DAX is going at the moment and the way I've seen it move over the last few years, day in and day out, giving 100 pip moves from 10 pip M1 stop losses, lovely repeating waves, respecting the rules of AIMS, I must have rocks in my head. Who knows, maybe this is a moment where my focus is forever honed?! Missed the break but jumped right on that seed
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Re: Dave from Sydney's Journal
Nah I didn't get the home run, hence my frustration!
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Re: Dave from Sydney's Journal
Out of market time, 8 pip spread, no way you'd trade this.... but the structure is still the structure!
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Re: Dave from Sydney's Journal
8 pips - just like my russian spread for dax. Did you change your broker?
) 
Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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Re: Dave from Sydney's Journal
An error with my stop loss management on the initial long entry, fat fingers on one-click platform. I meant to have it ready for 1 point below high after it had pushed on and just stuffed the timing, ah well, nice to get a few pips at the open. See you tomorrow
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Re: Dave from Sydney's Journal
Nice trades Dave,
I'd like to comment on the short trade. Even if there was no FO line there it was a typical predictable pattern. when m5 creates a tall box top of the wave and then price drops to the bottom of the box. M1 creates good setups between upper and lower aims levels on Tall boxes of m5.
I'd like to comment on the short trade. Even if there was no FO line there it was a typical predictable pattern. when m5 creates a tall box top of the wave and then price drops to the bottom of the box. M1 creates good setups between upper and lower aims levels on Tall boxes of m5.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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Re: Dave from Sydney's Journal
I should be more attentive to such pattern.. I had to pay for this pattern.
Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy