June 2020

June 2020

SMTWTFS
31123456
78910111213
14151617181920
21222324252627
2829301234

End of Month Review

+4.52%

34 trades taken.

12 winners, 18 losers, 4 break even.

% Winners – 35.29%

WNTA Losers: 10

82.03% -> 86.55%

End of Week Review 22-26

+2.85%

6 trades taken.

3 winners, 3 losers, 0 break even.

% Winners – 50%

WNTA Losers: 1

83.69% -> 86.55%

Winners

M1 MAB | Sell | +1.76R
M5 MAB + H1 MAB | Sell | +1.99R
M5 MAB | Sell | +2.10R
Losers

failed M5 MAB | Buy | -1.00R
failed M5 MAB | Sell | -1.02R
failed H1 MAB | Sell | -1.03R

End of Week Review 15-19

+0.44%

11 trades taken.

3 winners, 5 losers, 3 break even.

% Winners – 27.27%

WNTA Losers: 4

83.26% -> 83.69%

Winners
breakeven REVFIB/FIBCON | Sell | +0.04R
FIBCON | Buy | +2.51R
M1 MAB | Buy | +0.98R
M5 MAB | Buy | +1.80R
breakeven REVFIB | Sell | +0.03R
breakeven M5 MAB | Sell | +0.01R
Losers
failed M30 MAB | Sell | -1.00R
failed REVFIB | Sell | -1.00R
failed micro-FIBCON | Sell | -1.05R
failed FIBCON | Sell | -1.00R
failed M5 MAB | Sell | -0.96R

End of Week Review 8-12

+0.24%

15 trades taken.

5 winners, 9 losers, 1 break even.

% Winners – 33.33%

WNTA Losers: 5

83.01% -> 83.26%

This weeks results have been tarnished by one particularly bad afternoon of trading, where I let emotion get the better of me; had I been more discplined this could have turned out to be my best week so far this year. Despite this, the way things have been going the last couple of months, I’m still happy to be ending the week in the green, with some profits however small.

The breakdown of this weeks trades are as follows:

Winners: 2 M5 MABs, 2 M1 MABS and 1 REVFIB.

Losers: 4 failed M1 MABs, 3 failed REVFIBs, 1 failed M15 MAB and 1 failed M5 MAB.

Of the losers, 5 were WNTA trades, 2 I am undecided on, and 2 were WTA trades. Cutting out WNTA trades would have seen a Win% of 50.0%.

The majority of my losing trades this week were M1 MABs and REVFIBs. I got caught up in Low Probability M1 MABs, and I was looking too hard for REVFIBs. The one winning REVFIB trade had good markup in the build up and good confluence to support the trade.

The failed M15 MAB was due to a higher timeframe H1 MAB set up being present, which made the M15 MAB Low Probability.

The M5 MAB failed due to poor Stop Loss placement, however the read of the market for the trade was decent and I ended up getting onto the same trade minutes later for a good profit.

I kept all of my losers to -1R, and all of my winners were +1R and up, which is what I am looking to see.

Winners
M5 MAB | Sell | +1.37R
M1 MAB | Buy | +2.00R
REVFIB + H4 midline | Buy | +1.86R
M1 MAB | Sell | +0.99R
M5 MAB | Sell | +2.93R
Losers
failed M1 MAB | Sell | -1.01R
failed M1 MAB | Sell | -1.00R
failed REVFIB | Buy | -1.01R
failed M15 MAB | Sell | -1.05R
failed REVFIB | Buy | -1.00R
failed M1 MAB | Sell | -1.00R
failed REVFIB | Buy | -1.00R
failed M1 MAB | Buy | -0.98R
failed M5 MAB | Sell | -1.02R

End of Week Review 1-5

+0.98%

2 trades taken.

1 winner, 1 loser, 0 break even.

%Winners – 50.0%

82.03% -> 83.01%

Leave a comment