Tuesday 21 January 2020

End of Day Review

+-0R

0 trades taken.

0 winners, 0 losers, 0 break even.

12:20

M1 potential FibCon | Buy

Another trade passed on, due to a lack of confluent moving average present, and trading back up into key structure.

11:21

M1 potential 5min MAB | Buy

Passed on this trade due to the position of Yes. Low, and did not want to trade back up into the previously resistant H1 EQZ (13494) and 13500 level.

Thursday 16 January 2020

End of Day Review

+2.02R

1 trade taken.

1 winner, 0 losers, 0 break even.

13:42

M1 1hour MAB | Sell | +2.02R

13:42

M1 1hour MAB | Sell

11:05

M1 FibCon | Sell

I was waiting for the previously anticipated 15min MAB, so wasn’t ready for this trade. The 5min ema also wasn’t as confluent as I would have liked so wouldn’t have entered the trade even if I had the trade tool ready.

11:03

M1 potential 15min MAB | Sell

Confluence between:

  • 15min ema
  • 1hour ema
  • 4hour ema
  • Open/ Yes. Close
  • H1 EQZ (13430)

 

10:07

M1 potential 1min MAB | Sell

Wednesday 15 January 2020

End of Day Review

-1.98R

3 trades taken.

0 winners, 2 losers, 1 break even.

A choppy ranging day, with seemingly few opportunities on offer. I got drawn into a couple of low probability trades and paid the price!

Three Would Not Take Again trades, as these were low probability due to the market conditions.

The 1min MAB Sell at 13:46 was probably the best, perhaps only, high probability trade of the day. I missed the trade because I was waiting for a better entry, however I’m pleased that I spotted and marked up this trade in real time.

17:52

Chart Update

I would have achieved my 2R target, had price not just taken me out above the H1 EQZ (13430).

In spite of this, I should have been a lot more cautious of the ranging environment and the previous failed trade should have been enough to warn me off taking this one.

14:52

M1 failed 15min MAB | Sell | -1.00R

  • 15min ema
  • Stop Loss behind H1 EQZ (13430)

14:33

M1 failed 5min MAB | Sell | +0.02R

  • 5min ema

13:46

M1 potential 1min MAB | Sell

  • 1min ema

11:27

M1 failed 5min MAB | Sell | -1.00R

  • 5min ema
  • 1hour ema
  • 4hour ema
  • Stop Loss behind keyzone

Tuesday 14 January 2020

End of Day Review

+1.03R

2 trades taken.

1 winners, 1 losers, 0 break even.

11:05

M1 5min MAB | Sell | +2.00R

  • 5min ema
  • PM High
  • Stop Loss behind D1 EQZ (13463)

A good impulsive move breaking down through the D1 EQZ boundary, retracement into the GZ confluent with the 5min ema and PM High.

10:01

M1 failed 1min MAB | Buy | -1.00R

  • 1min ema
  • Stop Loss behind 4hour ema

Moving up off the D1 EQZ, a good set-up with the 1min ema moving up underneath it. I thought price might have a target of the Open and H1 EQZ midline (13494.89).

I missed the best entry at the bottom of the GZ, but this wouldn’t have mattered anyway in the end.

January 2020

January 2020

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End of Month Review

+0.66%

17 trades taken.

6 winners, 10 loser, 0 break even.

Win ratio – 1 : 1.7

93.92% -> 94.58%

End of Week Review 27-31

-4.09%

4 trades taken.

0 winners, 4 loser, 0 break even.

Win ratio – 0:4

98.67% -> 94.58%

End of Week Review 20-24

+3.09%

3 trades taken.

2 winners, 1 loser, 0 break even.

Win ratio – 1:0.5

95.58% -> 98.67%

+3.07R

End of Week Review 13-17

+2.67%

9 trades taken.

4 winners, 4 losers, 1 break even.

Win ratio – 1:1

92.91% -> 95.58%

+2.67R

End of Week Review 6-10

-1.01%

1 trade taken.

0 winners, 1 loser, 0 break even.

Win ratio – 0:1

93.92% -> 92.91%

-1.00R