Tuesday, 15 April 2014

R-0.4 Missed Trades Because I Stop Early

NB stopped trading by 0740GMT for no good reason.

GU Trades...

EU Trade...

EJ Trade...

Monday, 14 April 2014

R+0.5 Using 1:1 RRR

GU Trades...

7th-11th April P/L: R- 3.1


Monday Issues: Poor Triggers a Discretionary exit.

Tuesday Issues: Mistake on Risk Calculation (otherwise good).

Wednesday Issues: Unrealistic PT's.

Thursday Issues: Poor Trigger , Unrealistic PT's.

Friday Issues: A Poor Fill screwed RRR, should have exited immediately.

NBs:  
1. all doji and any bar that O/C against 8/20 (unless in prolong trend) =  bad triggers
2. Need to label triggers prior to session start so as not to miss SARs
3. Triggers that O/C against 8/20 appear to be good CTT triggers.
4. Generally missing trades on other pairs as too focused on one I'm in.

Friday, 11 April 2014

R-0.6 Poor Fill, Should Have Exited Immediately

EU trade...

EJ observation (weak trend trigger, makes strong SAR trigger?)...

Tuesday, 8 April 2014

R+1.3 Mistake on Risk Calculation

In terms of risk I did make R+1.3 in pips, but I messed up my risk calculation so my actual P/L in £ was more like R+0.1. Whoops!

GU trades...

EJ missed trade...

Saturday, 5 April 2014

31st March - 4th April P/L: R -0.5


Monday Issue: Trading a poor trigger namely a Hi Wave Bar. Also expecting too much from a  PT  because not really looking at S/R levels.

Tuesday Issue: Discretionary Exit.

Wednesday Issue: Another unrealistic PT because not taking into account OHR.  Also missed a trade because only looking at one pair. 

Friday, 4 April 2014

R +0 Missed a trade

GU setup at 0700 but the trigger was a hi wave candle which invalidated it.

EU setup at 0745 but the trigger opened and closed against the 20ema and trend. This ordinarily invalidates it, however there was a strong and prolonged trend prior to it (8/20) so should have taken it.

Thursday, 3 April 2014

Wednesday, 2 April 2014

R -0.8 Unrealistic PT and Could Have Traded EU Also

Took the EJ trades as occurred first. EU also setup in my session. Despite it technically being correct I didn't take it because still focusing (incorrectly) on one pair trading.

EJ trades...

 EU potential trade...