TradingJournalHenryE

I will post my Trading Journal here

Welcome Henry!

Good to have you here and I look forward to watching your trading skills develop!

All the best!
Shaun

Thanks Shaun. Still trying to figure it all out.

[You must be registered and logged in to see this image.] PUT TRADE - WINNER
SCORE: 8/10

What I did right
Stochastics were about flat on the floor
Fence was wide
Retracement was small
Moving averages were wide apart and going down
Williams pulled back in the opposite direction and there was nice gap between the magenta and blue

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SCORE: 7/10


What I did right
Stochastics were going down and some were flat on the floor
Fence was wide apart
Very small retracement
Moving averages were wide apart and going down
Williams pulled back a little and there was gap between the magenta and blue

[You must be registered and logged in to see this image.]
SCORE: 7/10


What I did right
Stochastics were flat on the floor
Fence was good
Moving averages were wide apart and going down

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SCORE: 9/10


What I did right
Stochastics were going up
Fence was nice and wide
There was small pullback or retracement
Williams pulled back in the opposite direction and there was gap between the magenta and blue
Moving averages were wide apart and going up

[You must be registered and logged in to see this image.]
SCORE: 8/10


What I did right
Stochastics were flat at the roof
Fence was nice and wide
Moving averages were wide apart and going up
There was small retracement of price
Williams pulled back in the opposite direction to the trend and there was gap between the magenta and blue

[You must be registered and logged in to see this image.]
SCORE: 6/10


What I did wrong
Fence was tight

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SCORE:


What I did right
Stochastics were going down
Fence was nice and wide
There was small retracement of price
Williams pulled back in the opposite direction from the trend and there was gap between the magenta and blue
Moving averages were wide apart and going down

[You must be registered and logged in to see this image.]
SCORE: 9/10

What I did right
Stochastics were going down and some were flat on the floor
Fence was nice and wide
Moving averages were wide apart and going down
Williams pulled in the opposite direction and there was gap between the magenta and blue
There was small retracement of price

[You must be registered and logged in to see this image.]
SCORE: 8/10


What I did right
Stochastics were going up and some were flat at the roof
Fence was nice and wide
Retracement was small
Williams pulled back in the opposite direction to the trend and there was gap between the magenta and blue
Moving averages were wide apart and going up

[You must be registered and logged in to see this image.]
SCORE: 8/10


What I did right
Stochastics were going up and some were flat at the roof
Fence was nice and wide
Moving averages were wide apart and going up
There was tiny retracement of price

Some great trades here Henry - well done!

(I can't go through all the trades usually... But I was scrolling through.)

I saw a lose trade here: 
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on Thu Jun 22, 2017 7:55 am
There was a similar one when you entered put and was a lose.

Watch 4 EMA and the candle. You entered a call thinking price will continue going up (bull).
You have a long bull candle (inside bar = strong trend), right after the next candle is a short one (spinning top maybe, but not seeing clearly), point the short bull candle is totally de-touched from 4 EMA. Short candle means drop in the strength but when it is de-touched form 4 EMA probability is very high for retrace event, when price takes it's course back towards 4 EMA, so a put trade is the right entry there.

Same with your other lose trade into opposite direction, just a mirror of this. 

Cheers,
Gihon

Thank you Gihon for your comments. That was a good lesson for me.

You are most welcome. I have read this thing somewhere then experience proved it right.
(Market always does what it wants to do, we just need to know what it does more then 50% of the time.) 
We are all learning as we continue with this interesting profession.   
I shall not stop till professional level!
Shaun has some awesome staffs, I think he knows price action too.
Have you read what I wrote on the robots? (EA's.)
It can be pretty useful. 

Cheers

No I have not read about the EA's you posted. I will find it today and read it.

Thanks and best regards

I write short ones there so it's easy to catch up...
Do you trade live yet?

Not yet. Shaun wants me to trade demo for another one week or so. I will be ready to go live as soon as he gives his approval.

I couldn't find your post on Robots (EA's). Where is it?