Emma´s T20 Journal

[eaxh]

FORECAST AND PREP
NEWS Nothing relevant
D1 Range |Range| Wide range
H1 BO to the upside  | Bullish BO| bullish tight channel
M5 bullish channel | bullish channel | Wide bullish Channel.
 
I am marking the Premarket area on dax.
THOUGHTS AND TRADES
 
Trade 28.

On m5 i saw a tc that broke the channel. On M1 we have a setup. Was slowing in momentum.

I placed a trade with the plan to place sl at be at the low o the left.

Plan successfull and out be.

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Now we hace a doublebotton.

 
Trade 29

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Dax is breaking out of the range to the downside. I am keeping an eye on M1. But i want a break and retest or a TC on M5.

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I see another retest on the range on M1, it goes wond with an umouls and i place a trade based on the 2 seed.


Sl at be,

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This is frustrating…
 
Now i am on M5.

there is a nice impuls on M5 so now i am waiting for a signal.
I have a 1 on M5. Placing a PO under it. Gets cancelled by the next candle.
Next canlde is a 2. Now we have a very cute signal. I am placing a PO under it.

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I now have a TC on H1 and a 1 on DAx. A kind of 2 legged one.

Trade 31

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Its a rent and i am feeling it. It was triggered by a mini pip.
 
 
Is this the proof of me not being able to trade both M5 and M1…..

I tried it with the KC on and that was not good at all.  There was alot of confusion.

 
 
Pic 10

Damn it. Not feeling good about this. PURE FOMO.

I am not trading more this session.
 
Trade 32

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I am having a crisis….

I worked so hard for a year and a half. I get funded and then i stop doing what took me there in the first place. I was scared. Scared that m1 is too
fragile. I am now feeling down,

I am a good M1 trader.
What i did and that makes sence of course is that i lowered my tradingsize. Too do that was great! But i also did to make it even safer, moved to M5. I
cant trade M5, i have not practiced that so that was a risk instead of something that could have made it better…



Immy you were right… i made too many changes.

I felt good about it because it was feeling more safe..

And also due to lack of volatility on Dax M1.

 
I made a huge misstake. Realising that now.

What i am feeling now is anger with myself.



 

What i do now is not working for me…



I am in need of a break.

Not just a day. I will have to go through my journey.

I am too messy right now.

Wanting so much but just failing. Lack of clarity.

I am in drawdown on the funded account and i need that to cool of a bit.



I am pulling the emergency break.

I need to rewind and just continue to do what i did.

Trading M1 in the open. Thats what i know, thats what brought me here.

 
 

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FX

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Gu is moving and H1 is probably going to have a TC.

GONE. For now.
Leter this happened

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ended BE


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

[eaxh]

This is how i should have traded the day. 

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The clarity is here now for a moment. Ths is what i am supposed to be trading on indices. 

[immy]

GREAT REALISATION:

Trust me I knew what was happening, but I wanted you to realize it yourself. Otherwise it would have been a waste of words.

"I am a good M1 trader. YES YOU ARE : You had 6 or more consecutive winning months on M!

What i did and that makes sense of course is that I lowered my trading size. To do that was great! But I also did to make it even safer, moved to M5. I
I cant trade M5, I have not practiced that so that was a risk instead of something that could have made it better…"

You are an EXCELLENT Trader. But your brain played tricks on you. You passed your challenge not because of fx alone, rather it was the fact that you were disciplined and that you traded a strategy that gives you an edge. 

Have a wonderful time off and enjoy your time with family. Next year we start again... 


 

[eaxh]

GREAT REALISATION:

Trust me I knew what was happening, but I wanted you to realize it yourself. Otherwise it would have been a waste of words.

"I am a good M1 trader. YES YOU ARE : You had 6 or more consecutive winning months on M!

What i did and that makes sense of course is that I lowered my trading size. To do that was great! But I also did to make it even safer, moved to M5. I
I cant trade M5, I have not practiced that so that was a risk instead of something that could have made it better…"

You are an EXCELLENT Trader. But your brain played tricks on you. You passed your challenge not because of fx alone, rather it was the fact that you were disciplined and that you traded a strategy that gives you an edge. 

Have a wonderful time off and enjoy your time with family. Next year we start again... 


 

 

Indeed a great realisation. These mistakes i made resulted in a great thing. 
Thank you!!

I am looking forward to trade next year!

Have a great holiday 
 

[eaxh]

FORECAST AND PREP
NEWS Orange US news at 14:30 and 16:00
D1 Wide Range
H1 Right range
M5 Range
 
I have discovered alot about myself and my trading when going through the year.

And i can say that i went nuts after being funded.

Back to before i messed it up.


 
THOUGHTS AND TRADES
One valid trade on Dax. Felt good.
 
 

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NEO
Tried the Neobot on dow. Rent.



Trade 34

 

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Ds1. A restest and a signal. The proportion on the setup is not the best. But the retest gave it more power.
After that dow goes back and stayes inside a range.
Breaks the smaller range to the downside and hoes strait to the range lows.
 

22.12.2021_16.17.56_REC DOW messed up.png

 
 

22.12.2021_16.20.13_REC Dow scewed.png

 
 
Nas is breaking its range with volatility.

On M1 and waiting for a signal.

Has alot of bullish power.

The impuls is now climatic.
 

22.12.2021_15.51.02_REC Nas, not my setup.png

 
Trade 35 

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As you see i have now gone back to my totally blacka nd white template and i have also made it to the normal mt4 candle size. 
It is what i have had all my journey and it much easier to see when they get climatic.
M5/M1 split screen is what i am used to. 
Added the 50 ema to not trade against HTF. I like it. Clear and good. I dont need to see H1, it just make confused. I need the levels from it. 
Less is more.


Was feeling good today.
The first trade on dow.... I dont like the picture of it, it does not have the correct proportion. 
context good.
 

[eaxh]

Today i checked in a LO to see if dax would move. 


FORECAST AND PREPNEWS No news
D1 Bullish breakout within a wide range
H1 Tight Range after 6 days og bullish channel.
M5 Wide range
THOUGHTS AND TRADES
Dax is in a wide range at the open. It does down to the bottom of the range and makes a pullback with a signal, but because its at the bottom of the
range i will not take it. I will wait for a proper break.
 

29.12.2021_10.06.04_REC Lo session.png

  Did not happen so i will leave.

My Fx account is down so nothing fun today.

[eaxh]

Today i watched a little during Londin open to see if i could take any signal. 
Signals came, but not a single one that i was interested in. 
I recorded the morning in pictures.. 

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Next update will be next year 
 

[eaxh]

Here comes my yearly review.


The year started with lots of will and motivation to continue towards the goal of being able to live on my trading.

This year I started trading Setup 1 on the DAX M1. I was still in step 1 and I was naive.
I wanted to move forward fast. Too fast.

I came slowly but surely to step 2 and started to trade hunt on Dax m1. It was hard, harder than I thought. But I kept struggling along.
I struggled every month and by the end of the first half I had gone plus every single month.
At the same time, I had increased my capital for each month that I went plus.
I'm glad I did because my brain slowly got used to risking more and more money in every single trade.

Summer how tricky. I continued to trade hunt on Dax M1 (and tried out with KC, different EMAS, with box, without box etc...)
I did not want to think that one could not trade in the summer. It was a minus month and then a BE month.

There, I think it started to get messy. My fear was there. I thought thoughts like - How can you live on this? Is it even possible.

I traded on M1 and always had Immy in the back of my mind that told me that the M5 is better. And yes, I agree. At FX, I love the M5 and have found it very fun (even though I have just complicated the shit out of it,) and it is a clear and simple plan.

Return to DAX.
I continued to trade the index during the autumn and it went well. So good that I took the courage to take on a challenge to get funded.
Those were challenging months. I had to fight. And I made it.
But it led to a great deal of confusion.

Since dax 30 became dax40 and was not good at all to trade on M1, I had to go to FX to pass the challenge and it went super well. Had high winrate and was in ecstasy.
Decided then to start trading Dax on the M5 as well. I wanted to benifit from the good stats of H1/M5.
Because M1 did not give anything at all right then. I really thought it was a good choice. But it was a choice that came from a fear.
Afraid that my setups would not come due to low volume and for fear that I would waste my risk on bad setups and on FOMO trades ..
I had thought through my decision, but had not taken everything into account.

Could I trade indices on M5 .. NO !?

That was the big problem. What I saw was how M5 on forex had done so that I met my challenges and I went blind. My first months as a funded have been one big confusing mess. So afraid of making wrong trades.
My objectivity has been equal to zero many times. I have been undisciplined because of my fear, fomo. Which has resulted in me being in a drawdown.

In the end, this was what I needed. 
Now that I look back, I see what works for me.
 see what I need in my routines, rules and in my charts to be able to interpret things correctly and remove my confusion that I myself have created recently.
I have landed in what I need, how I trade best.

I have EXTREMELY easy to draw into other people's feelings, both frustration, anger, joy, hope… Yes all emotions and have therefore been influenced a lot by what is written in the live trading room. For better or worse. What I have noticed now in retrospect is that I have not been very independent in my trading. After I have now gone through my own results, I feel that I have more meat on my bones and can make decisions in my trading COMPLETELY on my own.

2021 have been one of the most educational but also the most difficult year of my life.
I
'm incredibly grateful that I have Immy and ITradeAims to support me and i am looking forward to next year!


Here is a collection of pictures of my good trades, worse trades, concussions and hallelujah moments.

It has truly been a year of as much adversity as success.

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[eaxh]

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[Darren]

What a great review of your trading year - fascinating stuff! I know you will get back on the right track and continue your trading journey with consistent profits. Hopefully I will be on the journey with you!

Happy New Year!!!