View Full Version : Warnsoft Journal
Hello everyone, I have decided to make a journal inforexsoutheast.asiaalso, let us see what advantages can give this choice. . !
I'm currently trading differents accounts, there are my past 2 months stats:
http://www.myfxbook.com/members/warnsoft/warnsoft/462
But today, let us presume to future.
I cannot call trades in live, because nearly all of my transactions havn't a sl or a tp, I just decide during the trade if it's time to close or not, some people possess a lenght of 1 minute (minute ), others of 1 or 2 days (maximum ), also I cannot loose time composing posts while trading especially when scalping.
I shall post instead a summary of every week, some analysis, etc..
With this week I'm up 12%, I will post a summary of it at the weekend.
Well, what to say. . I anticipate my thanks to everybody who'll spend some of his valuable time reading my posts and my analyses https://www.forexsoutheast.asia/attachments/1528668193.jpg
Happy trading!
Dearforexsoutheast.asiareaders, it's a good saturday (unwind manner ), and was only continuing my own researches.
Taking a look at the EU chart, let's see some little analysis (fairly useless possibly?) .
Of course I didn't trade these installments, they happened during the ny session, also here in asia it had been nighttime, I was doing other things.
However, it's extremely intriguing the PA of the session, there was a nice undo that still can grab us some pips.
Image attached.
Analyzing it, we see various boxes of different colors, I have putted some letters (A B C D E F G) near every one of them, thus we are able to identify them better.
The first important box is the box C, because we view price was in downtrend, and approached a resistance level/retrace.
At this point, a good market could be placed whenever the price ceased his upmove.
The hypotetical goal of that sell is the box B (the smallest of the day).
The hypotetical stoploss degree is the box A (red one).
However, price failed reaching the goal, and only turned up again, hitting the last high (box D).
Now, a tendency reverse might be anticipated, the possible solutions would be exit the trade with just a little loss, or include another sell (with the original SL well positioned ), looking for a retrace where to close the sells and undo the place (let's buy!) . Counter trend trade, only trend-reversal trade.
Then, price reached the service (box E), where we might had be closed the sells and buy the moment price finish return.
Currently, with just two sells closed to get a comparative little profit plus a new fresh buy, the goal is the F box (the high of Steel ), and the SL the point G (red box), once hitted the goal point the tendency would be officially reversed for this fractal.
Looks like there are 20 pips ready to be made, however entering now (if market open without openings ) the RR would be 1:1, not really good. However, the % of success is technically quite good (I do not hazard any number, but I'm curious to see).
https://www.forexsoutheast.asia/attachments/1528668247847597384.jpg
Yeah, audusd was looking good, we'd managed to take some profits out of it!
(img attached)
(The orange box could had be the first target, but if price attained the target (second orange box) the momentum was so fantastic and the breakout very refreshing, so I've decided to add some standing and trail everything about the 1min)!
https://www.forexsoutheast.asia/attachments/1528668252608859715.jpg
Well, another week will finish, I'm flat and stopped trading for this week.
Results are not bad, only a calm week, 18.89 percent.
Wish a fantastic weekend to everybody, and also a thank you very far WedWed for your nice words https://www.forexsoutheast.asia/attachments/1528668193.jpg
https://www.forexsoutheast.asia/attachments/15286682071665960090.jpg
Ok, the next week of september is finished, I am flat now and end trading for this week.
Currently a nice trading week, little number of trades but all good ones, like a sniper.
Stats:
July: 100.3percent
August: 79.2%
September:
Week 1: 18.89percent
Week 2: 20.1%
Total September: 38.9%
Let us see what happen next week. . !
https://www.forexsoutheast.asia/attachments/1528668209710567840.jpg
Nice returns! Wish you all the best forward on your trading.
Https://www.forexsoutheast.asia/attachments/1528668196.jpg
Great job T.
For how long are you experiencing this sort of success?
Hi Aediaz1 thanks to your voice, want the same for you https://www.forexsoutheast.asia/attachments/1528668196.jpg
Tnx, I am glad to see you back inforexsoutheast.asiahttps://www.forexsoutheast.asia/attachments/1528668196.jpg
I am doing this nicely trading from several months, so perhaps it's still soon to sing victory, but let us see if the fantastic work continue too in future, I am quite curious about it as well!
Ok, yet another week has been finished.
This week I have slightly changed my trading style out of intraday-scalping to medium-term one, but results was not soo good at all, I'll return to my own intraday-style from next week, this past one anyway ended as a profit one, too if the profit is really low. . 2,5%.
https://www.forexsoutheast.asia/attachments/15286682111234540048.jpg
GL in your journey. Cheers!
Great outcomes, care to describe your intraday scalping egies?
Tnx, well there is not much to mention about my egy, I commerce nude (no indiors or moving averages, I just use support-resistance), the market have 3 distinct scenarios:
1) impulsive waves
2) retraces
3) exaustion waves (overbought-oversold)
I try to input when retraces waves cease their conduct and trend has been resumed, and sometime I enter in overbought-oversold areas (from the trend direction).
When I try to input any overbought-oversold areas countertrend I got blamed the majority of the moment, but do also average and this allow me wind in profit also when I make some mistake.
I never enter my full position all together, always 1/3 of this position at the first signal, if things go bad I have other two bullets to shooter that allow me wind in profit the majority of the time, usually even when things go really bad (when retrace turned into a new impulse wave) I taken my last bullets in the conclusion of the tide, and shut all in the new sup-res (the new retrace), then reverse.
Market is very ripetitive also it always provide a opportunity to get out in profit, the secret is not be greedy and go with the flow.
Tnx, well there is not much to say concerning my egy, I trade nude (no more indiors or moving averages, I just use support-resistance), the market have 3 unique scenarios:
1) spontaneous waves
two ) retraces
3) exaustion waves (overbought-oversold).... I visit. .
Where did u know about these? (your trading eduion, foundation of your egy, etc)
would love to find analyses/charts next moment.
Good luck on your travels! https://www.forexsoutheast.asia/attachments/1528668197.jpg
Hello, 4° September trading week has been completed, results are great so far: 8.97%
Stats:
July: 100.3percent
August: 79.2%
September:
Week 1: 18.89percent
Week two: 20.1%
Period 3: 2.5%
Week 4: 8.97%
Complete September: 50.77percent
September is not yet finsihed, however following trading week will end in October, so the results will be included at October stats. I might say that September trading has been completed with a 50.77% return, that is not bad in any way, hard month this one compared to the previous ones.
Let us see what happen in October!
Thank you for studying
https://www.forexsoutheast.asia/attachments/15286682141703832752.jpg
I see. .
Where did u know about them? (your own trading eduion, foundation of your egy, etc)
would love to find analyses/charts next moment.
Good luck on your journey! Https://www.forexsoutheast.asia/attachments/1528668199.jpg Hello, thank you for posting.
I've learned these things from appearing the market, right now it resembles this:
1) spontaneous wave
two ) retrace
3) retrace of the retrace
4) a or b (it depend from market partecipants)
4a) fad resume
4b) fad reverse
Now, on a strong trend it's simple, spontaneous wave, retrace, fashion resume, money!!!
But 50 percent of the time situation get a bit more complied, the retrace is infact a spontaneous wave on a different dimensional fractal, so when retrace a finish and price come back in direction of fashion, it's currently on retrace b (the retrace of the retrace). Now, price can earn a triangle until it determine if resume the maintrend or keep the trend-retrace, or it can dismiss the retrace of retrace and keep in the original fashion direction wiping out most of those who had bet on the retrace-continuation, or it can find new gas on the retrace of the retrace, and resume the retrace direction with new buyers-sellers (undo ), the important issue is that if this occur (reverse) market typically make a major retrace of the new spontaneous wave, allowing the ones who bet on the trend-continuation exit on profit (of course they must average a bit in the end of new spontaneous wave).
Anyway, I hope to not have confused no one, this is why market is called arbitrary from many folks, however, the randomness have it's own rules and explaination, that is why trading profitably is still possible.
But please excuseme with this mole of information, and let's begin with a few blatant examples, in this chart there was no reverse, each of these signals end with a trend continuation (and if fad continue nobody can say for how much, that is another issue of trading).
Now, analize this eurusd 15m chart of past 2 days, we had an spontaneous downwave with no sign of resume for the previous upwave (good for us! Now we understand that we must sell on new resistances).
The first wave would be the blue one (blue box), the very first blue box show the impulse wave from top to bottom.
Now, at a specific point I left another blue box, it's the resistance, the place where we need to sell as soon as price begin to go down, and infact there is a fantastic fashion continuation (profit!) .
Now, the following box is the violet, the first one show the impulse wave from top to bottom (this impulse wave would be the expasion wave of the blue box (multidimensional fractal geometry uh?) .
We see the next vilet box, would be your place where we should look for sells (retrace of violet wave), and also we view price goed down from there again.
What happen then, price began to go up (blue wave and violet wave now are a part of the past, but it still remain the yellow one to be finished, anyhow. . Let's continue).
Price go up to get to the resistance point of yellow big wave, the stage where we will need to sell! Also it come! At this time we can sell to get a yellow-wave continuation. However, what occur, price begin to fall and hit the next orange box, that is in reality the new support of the previous up-move wave (the wave which enable price reach yellow-box resistance), in this stage we would look to buy. . And infact price begin to go again, finishing the retrace, and entering in the yellow box.
Again, Fantastic point to sell! And right now price is prepared to go down again, another yellow-expansion move will also be a new spontaneous wave of a next blue-box, etc..
It looks simple but the truth is it's much complied due to the fact, in this picture I just putted a limited number of boxes differently the pic would be quite tough to understand, however if I must put all of the boxes of each dimension the chart could be full of boxes and no one would be able to understand nothing anymore. Additionally, I trade this egy on 1-5 min chart, and I normally go to take 10-30 pips. Next post will present my transactions of now.
https://www.forexsoutheast.asia/attachments/15286682161561163357.jpg
I have just opened the 1m chart, based a good short opportunity on eurjpy, entered short on the new resistance, then shut my trades on the new service of this retrace-support (I did not waited for the down-trend to be resumed, because sometime tendencies aren't resumed, instead price reverse touching the new tide support-resistance), but I was just searching for a quick profit without any compliion. (2.5%! ) )
https://www.forexsoutheast.asia/attachments/1528668218137579983.jpg
Hi, the first october trading week was finished, well this is really a fantastic week, fantastic market and fantastic trades, ending it with a 53.55%!
Stats:
July: 100.3percent
August: 79.2%
September: 50.77percent
1° week October: 53.55percent
Total Yield: 283.7%
https://www.forexsoutheast.asia/attachments/1528668220758853437.jpg
Hello,
Are you trading with actual capital?
What a fantastic journal! Https://www.forexsoutheast.asia/attachments/1528668202.png Not really sure I know your egy, but I'd keep reading.
May I ask what kind of MM you use (risk per transaction, etc.)?
You had a rather sharp draw in July, what occurred?
What a great journal! Https://www.forexsoutheast.asia/attachments/1528668202.png Not really sure I understand your method, but I'd keep reading.
Can I ask what type of MM you use (risk per trade, etc.)?
You had a rather sharp draw down in July, what happened? Hello, thank you for reading, well my MM is nothing of fixed, I have not a fixed % of risk per trade, not a fixed lotsize/capital, etc..
In some trades I risk not more then 1 percent of my capital, in other trades I risk 10-15%, it depend on how I view it, if I'm very sure about what market is doing can make mutiple entries and risk from 5 to 15 percent (totally), rather when circumstance appears a little perplexing or not 100% certain, I can go into the market with very warning and risk 0,5-1% (totally), every trade is a particular one!
On July I was risking the weekly profit on a set of trades, got stopped out and loosed soo much. (then I reevaluate after shortly I realized my stoploss was not on a correct loion, and declared the first positions. . And covered the reductions ).
https://www.forexsoutheast.asia/attachments/1528668202.png
Hello, thank you for submitting.
(...)
But 50 percent of the time scenario get a little more complied, the retrace is infact a spontaneous wave on a distinct dimensional fractal, so when retrace a conclusion and price come back in direction of fashion, it's now on retrace b (the retrace of this retrace).
(...)
It looks easy but in fact it is much complied due to the multidimensional fact, within this picture I just putted a limited number of boxes otherwise the pic would be very hard to understand, but if I should put all the boxes of each... Hi Tunera,
Thanks for sharing all this with us!
What goes around comes around as you can sometimes read with this Forum;--RRB-
I have a question concerning the size aspect you mention in your post. What do you mean by this (see quote above)? Are you putting boxes of support/resistance which you noticed on higher timeframes? Or are you putting boxes of extended past Support/resistance closer to the true price action?
Thanks for sharing your explanation! As someone else said on this tthread you have given us a new toy to play ;--RRB-
Cheers,
F.
Nice week beginning (EU reached the target, but missed the transaction ).
Let us give a look at EURJPY, a Fantastic long Prospect.
Let us see how it develop!
https://www.forexsoutheast.asia/attachments/15286682481692386463.jpg
Dear FF, here are the transactions of yesterday.
The EJ trade has been a winner, however I have managed to close it early to get a modest profit, looking to change in an EU trade.
The EU trade has been closed in profit and ancient too, so basically I have missed the huge movements (it is hard to ch that the NY movements from asia, usually here it is night when price start to e).
Let's see what market need to offer today! (AUDUSD appears great )
https://www.forexsoutheast.asia/attachments/152866825060489712.jpg
https://www.forexsoutheast.asia/attachments/1528668251302752926.jpg
Greetings from Italy (again), after some times of travelling I am back to my sweet nation.
Right now US released the FOCM Statement and the Federal Funds Rate.
Usually I don't trade the news, but I just discovered that eur did ended the retrace-phase just 1min prior to the news release, a fantastic buy signal!
I was not going to trade today, so just a fast scalping, let us see what happen tomorrow!
https://www.forexsoutheast.asia/attachments/15286682541052412298.jpg
Nowadays nice movements on the market!
https://www.forexsoutheast.asia/attachments/15286682551969804525.jpg
https://www.forexsoutheast.asia/attachments/15286682571353401540.jpg
https://www.forexsoutheast.asia/attachments/15286682591544493389.jpg
Dear Readers,
Nice afternoon yesterday on EurUsd, the market was slightly choppy during each of the 3 sessions, however we've managed to take some pips from it.
Right now the EU is on resistance level, a further upmove can be expected!
That I will let you update about the trading of now, thank you very much!
https://www.forexsoutheast.asia/attachments/1528668261715203152.jpg
Hi, nice wednesday, now I've examined a new kind of trading fashion, basically it's considerably more intraday than usual, beneath the picture:
http://warnsoft.altervista.org/imgs/todaytrades.gif
This egy is much different from the one I used before, I like it due to the R:R ratio (when I lose I small, when I profit I profit large [compared to losses]).
There was some losing commerce from time to time (blue boxed ones), no matter how the day has been concluded with a good profit.
Here the stats for now:
http://warnsoft.altervista.org/imgs/today.gif
I will keep on testing this new fashion for some days, then we will see the final results.
I am also likely to trade this manner on a bigger TF (currently I mostly use the 1min chart), let us see.
Thanks for reading, and good day!
Hey there,
Are you trading live?
That would indie that you make almost 50% profit per month on live account?
Thats crazy great... I'm aiming for 20% and'm almost there this month (well, got 7.5 this week...)
And people say making consistant profit is not possible!
hey there,
Are you trading reside?
Which would mean you make almost 50% profit each month on account?
Thats crazy good... I'm aiming for 20% and am almost there this month (well, obtained 7.5 this week...)
And people say making consistant profit is not possible! Hello,
No it is not reside, just demonion.
I'm working to obtain some funds to trade with, thanks for your interest.
Anyhow making consistant profit is not impossible, it just require discipline and knowledge, 20% per month is quite good!
P.s.
Oh and also the near 50% was the profit of the day, maybe not the entire month https://www.forexsoutheast.asia/attachments/1528668234.jpg
Dear Readers,
Only a few Transactions today.
The eur was prepared to point down, after bankrupt the retracement support.
We have made some profit promoting it, shortly after my sell price reach a resistance area (good spot for high Rratio transactions!) , however my vulnerability was already good, and I have chosen to wait.
About the collective2 account instead, with a littler vulnerability on every transaction, I was able to add just a little place on the retrace, this gived us a much better profit.
The second commerce, gbpusd one, was a really similar scenario.
Beneath the pictures:
http://warnsoft.altervista.org/imgs/19.gif
http://warnsoft.altervista.org/imgs/19a.gif
Now 8%, this bring the account over the 1mln! Funny.
Hello, with now the august trading month has been concluded.
It was a fantastic month, our egy changed (improved) In this particular month, the risk tolerance has been narrowed drastically in the last weeks (from 17 august).
The idea for your future month is to keep decreasing risk, but maintain the profits flow as more undamaged as possible.
That's the challenging part, sometime market demand space to move and an too little sl give useless losses (price come back a few pips after hitting it), but this is the price to pay to keep losses in check.
Nevertheless I'm going to find a balance point between risk and reward, that is what I'm working on.
Thank you very much for studying, I wish you a fantastic new month and pleasant occasions! https://www.forexsoutheast.asia/attachments/1528668234.jpg
Hi, it's nearly half a month from my last update on this thread.
September was started (we have missed the first week), outcomes are good so far, and we are not trading a demo anymore.
I'd forgot to keep this thread up to date, still not certain that there are traders that read this thread, nevertheless I'll remain updated.
I wish everybody a great trading week, thank you!
Hello, today trading wasn't driven with a great action, only a few scalps on usdchf.
A relaxing afternoon, 0.6%.
https://www.forexsoutheast.asia/attachments/1528668263329337103.jpg
Yesterday and Now trades
Dear Readers,
Yesterday we did blow off at a trenemdously choppy afternoon, the rule in choppy days should be to find the profits quickly, to not get trapped with the rapid up and down of this market.
But, I didn't respected this rule, looking for big profits, the day ended with a string of little losses, providing us a -2.9% loss for the day.
Useless to say that if we did surfaced using a scalping attitude (taking a few pips from every transaction rather than look for the big run), the afternoon would had not ended in loss.
But the key is learn from our mistake, and go forward.
Today trading was much different, the market was much less liquid now, and also the volatility was much better compared to yesterday.
We have made two trades:
The first trade was a double trade, we had a setup inside another installment, so we've entered on 2 breakout levels, with two different stoplosses (one of 6pips and one of 15pips).
The second trade was a modest one, a little exaustion move (support retest).
Profit for now: 3.8%.
Thank you very much for reading!
https://www.forexsoutheast.asia/attachments/1528668264512371586.jpg
https://www.forexsoutheast.asia/attachments/15286682661389829757.jpg
https://www.forexsoutheast.asia/attachments/1528668268651185017.jpg
Hi,
Calm trading day now, we just had 2 trades, one looser and one winner.
The initial one, gbpusd:
The cable was in an interesting point, after make a double bottom (the next bottom was slightly higher compared to the original ), a leap to the resistance was anticipated, price did made a leap but not hitting the last resistance, I've resolved to enter searching for another try.
Second try which didn't occurred, we have covered in loss following a couple of minutes.
At this point, with price in the center of the station and being not able to make it to the resistance, the bearish scenario has taken some great probability.
We have moved on eurusd with this second commerce:
Profit for now: 1.7percent
Together with the conclusion of Friday, the trading week can be completed.
Profit for this week: 6.2percent
Thank you for reading!
https://www.forexsoutheast.asia/attachments/15286682691367684435.jpg
https://www.forexsoutheast.asia/attachments/1528668271851332038.jpg
Hello,
The last trading week has been completed, yesterday we did have a couple losses (-1.7%).
The account endure currently at 8.4percent for september, last week ended with an overall -0.4percent (not good!) .
Now, some deep stats about september trading:
As we can observe, the equity curve is gradually climbing, the winningpercent performance looks not brillant (just 52% of transactions are champion ), but thanks to the fantastic R:R ratio (3.64) the general result is great.
About the risk:
Risk seems to be well controlled, the odds of a 10% loss on account is just 11 percent, while is almost 0 a prospect of an overall loss of more than 10%.
In the last box we may observe the situation regarding pips banked/lost during the transactions, it's clear that the normal loss is 6.6 pips, although the average win is 8.6 pips.
The Majority of the losses are expected to:
1) Entries countertrend.
2) Entries in overbought/oversold places.
3) Almost all of the terrible entries has been completed searching for a fantastic Rratio, ignoring the very low probability of success.
4) Most of these are actually good transactions, but have stopped out due to the too little Stoploss.
The solution that comes to my head is reduced down the risk control, and embrace an ideal (ordered from the market) stoploss egy.
So, let us see how the next week will be!
Have a nice weekend!
https://www.forexsoutheast.asia/attachments/1528668273772304631.jpg
Hello, fine week-start, today all the trades has been implemented on the eurusd pair.
At the beginning of my trading session (shortly after the NY open), price was seeking to maintain a good uptrend, in the broke of their daily high we have entered long, only to be stopped out a couple of moments after.
The next trade (sell) was to get a down-move continuation, stopped out also (price reversed).
3° trade, to get a uptrend resume (stopped out).
At this time, it had been clear that price was not likely to last the uptrend, our opinion becomed bearish and we have targeted the previous resistance (on the previous support area).
This trade covered the previous 3 declines.
With price at service and being unable to continue the downmove, a retrace was anticipated (buy).
After price approached a resistance area, we have sold again looking for a little run on a intra-move service, adding a sell position in the center of these little move.
Then, price approached again on a resistance area, having reduced probability of uptrend continuation before accumulate some buy on a nice service, we have entered short, and also added a new one shortly later, both has been closed on a small support egy.
Below the image:
Today trading moved a little away from our regular risk-control egy, the first trades has been protected by an tricky stoploss of a few pips, and this bring us some losses.
Further, together with market clearly at a consolidation mode (support-resistance perform ), we have prevent to use little mended stoplosses, and splitted the trade at two positions, the primary one without stoploss (of course situation was monitorized second after second, if price would had resumed the tendency such positions would'd been closed preserving the funds ), and the next one as an add to the initial position, and using a fixed stoploss.
This sort of trading seems to be good but additionally require a big concentration (more concentration than the timeless trading style).
But good week-starting, 4% for today.
Thanks for reading!
https://www.forexsoutheast.asia/attachments/1528668276782699277.jpg
Whats happened to your 123 trading bs?
Hello,
Long time that I don't update this thread, September did finish in b/e following a large loss that eaten almost all the month profits.
Right now October is going well ( 63% atm), I'm spending more and more time around the developement of a EAs, however I get the time to place several trades regular to let the account continue rising, which is a fantastic thing =-RRB-
Let us keep up the fantastic work!
hi . . Its look
Expect your future like the past and best.
Great luck guy!!
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