Ftmo 10K Evaluation Phase Trade #10 Part 2: +3.22%
Part 1:Daily Report Card
1. November 22nd 2023
2. How am I feeling?
- Overall I am feeling average. I had a shorter sleep and a more caffeine than usually. I will focus on how this effects my risk management this session.
3.Goal: Insert my daily sole focus that I will consciously work on
- To have one good trade this session that is valid and high probability. The outcome doesn't matter.
- Make my Daily report better than last session.
Reminder or Aphorisms for Myself
-Be Selective, Only Trades worth writing up I will trade
-Gameplan Halts
1 Win with 0.25% risk this session than reduce risk and trade plan and track.
- 2 losses in a row with 0.25% risk
-Pre-session Analysis
Daily: Bullish + EQ Of the Range
1H: Bearish + EQ of the Range
15M: Bearish + EQ of the high and the low
Temp (How I feel)
1. Grade : b-
2. Sizing for Session : 0.25%
3. In My Favor : Momentum to the hawking side
4. Comments :
0530-0600
1. Grade: C +
2. Sizing: 0.25 % RISK
3. In My Favor
4. Comments : No Trades
0600-0730
1. Grade : B
2. Sizing: see above
3. In My Favor: Momentum to downside
4. Comments : in a profitable trade
Current Write up :
Trade # 1
Playbook: AC.4
Minimum:
CHoCh: On M2 and 15s
Liquidation: Yes
From Strong Structure: yes
V-shape: yes
M2 Mitigation: yes
Risk Entry
Risk Management:
1: Reduced Risk: 1.08841 (6 pips to 1.5 pips)
2: Take Profit 1 : 1.08801 (Risk on the table to +0.42%)
3: TP 2: +0.80%
4: TP 3+ 2.08 %
5: TP 4: + 2.63 %
6: TP 5: + 3.22%
Trade Probability:
NID + PBID = Medium Prob + Valid Entry = B
What I learned ?
- Follow momentum
What I improved on today?
- Fix Confluences with the simplest of tracking and build off that
Changes Needed from today?
Track the phase of the market for my Higher Time Frames
Overview:
Easiest Gainer : AC.4
Insert Write-up:
Valid Set-up
Valid Risk Entry
Valid Trade Management
Valid Exit
1. November 22nd 2023
2. How am I feeling?
- Overall I am feeling average. I had a shorter sleep and a more caffeine than usually. I will focus on how this effects my risk management this session.
3.Goal: Insert my daily sole focus that I will consciously work on
- To have one good trade this session that is valid and high probability. The outcome doesn't matter.
- Make my Daily report better than last session.
Reminder or Aphorisms for Myself
-Be Selective, Only Trades worth writing up I will trade
-Gameplan Halts
1 Win with 0.25% risk this session than reduce risk and trade plan and track.
- 2 losses in a row with 0.25% risk
-Pre-session Analysis
Daily: Bullish + EQ Of the Range
1H: Bearish + EQ of the Range
15M: Bearish + EQ of the high and the low
Temp (How I feel)
1. Grade : b-
2. Sizing for Session : 0.25%
3. In My Favor : Momentum to the hawking side
4. Comments :
0530-0600
1. Grade: C +
2. Sizing: 0.25 % RISK
3. In My Favor
4. Comments : No Trades
0600-0730
1. Grade : B
2. Sizing: see above
3. In My Favor: Momentum to downside
4. Comments : in a profitable trade
Current Write up :
Trade # 1
Playbook: AC.4
Minimum:
CHoCh: On M2 and 15s
Liquidation: Yes
From Strong Structure: yes
V-shape: yes
M2 Mitigation: yes
Risk Entry
Risk Management:
1: Reduced Risk: 1.08841 (6 pips to 1.5 pips)
2: Take Profit 1 : 1.08801 (Risk on the table to +0.42%)
3: TP 2: +0.80%
4: TP 3+ 2.08 %
5: TP 4: + 2.63 %
6: TP 5: + 3.22%
Trade Probability:
NID + PBID = Medium Prob + Valid Entry = B
What I learned ?
- Follow momentum
What I improved on today?
- Fix Confluences with the simplest of tracking and build off that
Changes Needed from today?
Track the phase of the market for my Higher Time Frames
Overview:
Easiest Gainer : AC.4
Insert Write-up:
Valid Set-up
Valid Risk Entry
Valid Trade Management
Valid Exit