Operation: CENTERBOARD by IKC (4 of 4)

[Imperator_KittyCat]

Omnia scire quaerimus glorificare Qui Omnia Novit

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Welcome to the Fourth and Final Journal of this KittyCat!
This journal is focused on capturing Trading Action (and will likely be the most boring among the four journals I made)
It is with the intention of: (1) Proof of concept and (2) Keeping track of our knowledge and its application that I started this journal. Unlike the other Three (3) Journals, this one shall be short and sweet and shall be more direct / straight to the point. This journal is mainly for keeping track of the technical side of our trading journey.

Should you have trouble understanding the jargon on this journal, please read at least on my 3rd Journal

Operation: SILVERPLATE by IKC (3 of 4)

SILVERPLATE by IKC - Journal on Trader and Trading System Development CHECKLISTS [Aviation-Accident-Statistics-Revealed] Did you know that statistically, there is a higher chance you would be involved in a vehicular accident than in a plane crash? Have a look at this! [ALZ Aviation Risks Danger of Death] You’d sooner get shot at accidentally than die in a plane crash! That’s statistics for ya! TRADING and FLYING PLANES So what does make flying planes (relatively and statistically) safe…

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May you break resistances and reach new highs!

[sisu1]

Thank you for sharing those things.!!

[ria_rose]

Helloooo @Imperator_KittyCat! Super nice to see you’re quite active also! I don’t think I’ve had the chance to check out all your 4 journals yet, but I just got curious! If this one is mainly for keeping track of the technical side of your trades, I hope you don’t mind if I ask the objectives for the other 3?

[Imperator_KittyCat]

Nice to see you around as well, hooman! I see you are one of the actives on this here town. hihi…

Sure thing! Here they are!

Operation: PAPERCLIP by IKC (1 of 4)

Journal on Personal Thoughts and Stories over a wide range including motivation and inspiration

Operation: TRINITY by IKC (2 of 4)

Journal on Personal Finance Thoughts that show tips, tricks, and ideas that may help with money management and savings

Operation: SILVERPLATE by IKC (3 of 4)

Journal on Trader and Trading System Development discusses my process on developing my trading system and defining my trading process

The Fourth journal is where you are now and now there ain’t a thing yet but soon we’ll see this filled with entries.

Cheerio!

May you break resistances and reach new highs!

[Mondeoman]

@Imperator_KittyCat

Omnia scire quaerimus glorificare Qui Omnia Novit

Good to see you active again. I just had to translate that first line. They didn’t do Latin where I went to school. We were deemed too common to study Latin, and that was a 1970s Grammar School - up North. I am at peace with the translation though.

We seek to know all things to glorify Him who knows all things

[Imperator_KittyCat]

Ahihihi… don’t let this cat trying to be fancy with languages get to ya.

I am glad we’re on the same page and are at peace with it.
Stay pawesome and well! I’ll get active on this journal as well soon!

Cheerio!

May you break resistances and reach new highs!

[Imperator_KittyCat]

It’s not a passing mark as per our system. We can’t take this one. It fails mainly because it does not fit the criteria of our system to look for a “trigger”. This can be profitable but from a “continuation” or “trend following” perspective, ignoring the “trigger” requirement.
The conservative chap can wait for a pullback, but this one may still have some gas.

[mrhenry8th]

You’re not worried about USDJPY selling off because of intervention?

[Imperator_KittyCat]

Thank you for adding the fundamental color to this! It is true that there may be intervention and that’s probably creating the selling pressure we see at 161.700-ish levels but as the San Francisco Fed Daly said, it’s too early for them to say if and when they’ll make the appropriate rate cuts. In that case, it’s best to be reactive than predictive, so as not to preempt monetary policy decisions.

In any case, this kitty is not (yet) on this trade as reflected by the “TRADE SCORE” of 12 not meeting the passing score of 17 and a descriptive score of “LONG FAIL”.

However, if you look at the chart now, it’s worth looking at and we might see a confirmed trigger within a few hrs.

[Imperator_KittyCat]

Surprise surprise, USDJPY retraced to the Kumo at 161.40. This time we get a trigger signal which likely gave us the passing score. This is likely another attempt to break 161.70 at least. Let’s see where this goes.

[Imperator_KittyCat]

UPDATE ON THE CAT: Apparently, my trading routine restoration was put on hold for the past few days. I had evaluated trade opportunities and set notifications when those opportunities were actionable. Having pre-evaluated them, kitty could simply take them if kitty wanted!

All that needs to happen was a notification and then we’ll spring into action to grab some pips!

Unfortunately, kitty had an emurrgency.

Sometime after on July 3, at around 2 PM, kitty had to respond to a family emergency. Kitty spent the night of July 3 and most of July 4 at a hospital.

Fortunately, as of July 6, things stabilized and started to return to normalcy.

Unfortunately, this and possibly 5 or 6 other notifications were ignored and the opportunities they represented were foregone

This is one of the rare cases where the opportunity was right but the timing was not.

The good thing is, the trades will always come for you to take. We can always spot the next trades. The opportunity to be there and to be a helping hand, to be the hope and strength of those who need us FAR OUTWEIGHS the opportunities foregone to earn a bit of coin.

Family, friends, and loved ones are the true treasures we have to cherish.

With that now on the side, on to the next trade then.

[Imperator_KittyCat]

Kittycat is trying to trade but i am being stopped (and pissed off) by 2 factors:

1. Friggin’ Windows 11 updating and slowing everything down behind my back
2. Friggin’ internet connection failing me

I was not able to look at that many prospective trades but here’s one that stood out:

It would have been a perfect setup with the correct signal and almost all parameters lining up to an indication of a STRONG SELL. However, there are 2 major COUNTER-BIASES that negated the near-perfect score causing the trade recommendation to fail our evaluation.

This one however doesn’t seem like a full-blown failure of a setup. It might just be a retracement towards RESTORING EQUILIBRIUM before it continues its course.
Possible route would be a retracement towards the 1.36234 level. If equilibrium is restored there, we may yet again retest the 1.36087 area for an eventual continuation of the previous downtrend leg.
If equilibrium is not restored at the 1.36234-ish level, then we may see a test of the 1.36800 level.

This is one method i can “keep track” of things without being on the screen:

Notifications! All i have to do is set them up with a text telling me what i need to watch out for.
An example of the Notifications I set myself to receive is this:

“EUR/USD Possible LONG position” and i set the alert when price breaks a given price level
“EUR/USD Possible LONG position after retrace to X.XXXX price level” and i set the alert when price reaches an area where I may need to evaluate price action by then.

Instead of being outright pending orders, i use notifications to put my attention to where it’s needed without the necessary commitments that outright pending orders carry. When I get the notifications, I still have to look at the chart and the notification tells me what my bias is and what price levels i’m watching and if i need to look out for anything on the charts making the evaluation short and sweet to be able to quickly move from “evaluation” to “execution”.

[Imperator_KittyCat]

Evaluation on conditional interpolated position (not current setup)

Possibly realized and actual setup upon breaking 0.9738-ish level.
Keep tabs.

[Imperator_KittyCat]

Interesting development on this pair.
It’s to be noted that “The Convergence” setup was sighted on the D.

I’d like to see it retrace a bit tho before taking a piece of the pie… preferably at the 1.0870-ish level
Keep tabs and get in on this if it retraces and the support level at that area holds.

[Imperator_KittyCat]

FIBER FIBBER

Possible quick SHORT TRADE.
Currently testing resistance of 1.08358-ish area. If it holds and does not break, price may resume downtrend to test support area at 1.08145-ish area. Downtrend setup target is at 1.07985-ish area

Initial TP at 20 pips-ish at the 1.07985-ish area and initial SL at 10 pips-ish at the 1.08358-ish area.

May you break resistances and reach new highs!

[Imperator_KittyCat]

The best trades are the trades that take care of themselves while you’re busy with… other things.

Orders to open and then close the trades went on as i had a fun and social event. Pawesome!

Drowsy kitty will take a nap after this. meow!

[Imperator_KittyCat]

MINUTEMAN III

FIBER
Range
Ranging for now in the big picture view. In the near term, scoring looks like this:

But on the longer term, it looks like this:

Probably ride the short term uptrend to retest the 1.09915 resistance level. If it breaks that level, the range expands upwards. If it fails to break it (which i believe is more likely), price retests support at 1.08956-ish level.

CABLE
Long Breakout
Recently broke out of near-term bearishness. Breakout over long-term bearishness underway.
Technically, it doesn’t look much yet but here’s how the scores tally:

It will look more attractive when it breaks and stays above 1.28554. From there, it must move from range to range expanding with each level broken as follows: 1.29066, 1.29466, and finally 1.30089.

GOPHER
Reversing
Currently reversing so there’s not much in terms of confirmations yet as to where it’s gonna go but there are strong indications of attempting to reverse the previous downtrend and then test the resistance level at 151.724

SWISSIE
Reversing
Currently reversing and same perspective as GOPHER except that the resistance level it’s gonna test is only at 0.87159 which has already been tested hours ago (yet failed). The second test may happen soon but the lack of confirmations of this reversal (as of now) keeps us from getting into it.

LOONIE
Bottoming-out
Looks like the Loonie is carving a bottom at 1.37182 that seems to hold out. We ain’t bottompickers so we wait if 1.37182 either holds or breaks. If it breaks, we look for confirmations of a short move. Else, if it holds, watch it first break out of the top-end of the current range at 1.37689. If that breaks and holds as support, watch it attempt to break the next resistance at 1.38165. If that breaks, that’s the only time we’re interested in evaluating a long move

AUSSIE
Confused
The Aussie is smack-dab in the middle of 2 ranges.
It’s currently testing the 0.66064-ish area as a resistance. If that breaks and then subsequently holds as a support, then it shall next test the top-end of the range at 0.66414. However, i see more probably the scenario of the breakout failing and price moves to the lower range which shall likely see a retest of the 0.65728 level as support (bottom-end of the range)
The Aussie is at a crossroads and we’ll wait for her to decide before throwin’ our chips in.

KIWI
Similar scenario as the Aussie where it’s currently testing the 0.60563-ish resistance level which is critical as it shall determine mid to longer term direction. As it has only come to my eyes now, apparently we’re late to the party on this one. The best prices to enter already happened yesterday (while we were busy) but now, we shall continue to observe and await new opportunities.
However, should we see the 0.60563-ish resistance level break and hold as support, price will likely test the resistance level at 0.61496.

May you break resistances and reach new highs!

[Imperator_KittyCat]

Trident II

FIBER
Bullish

Confluence of bullish triggers ATM. Watch for Long trigger if it can break current resistance of 1.1144-ish and stay there. Current Support at 1.1111 must hold else risk of retrace to 1.1080-ish level.

CABLE
Measured Move To Support

Price moving towards 1.311-ish area. Watch if support holds then wait for trigger for possible continuation of long-term bullish trend

GOPHER
Downtrending Channel

Too early to tell if it will breakout of downtrending channel. The trend is your friend until it bends (-over. LOL)

SWISSIE
Range

Range play. If you feel the RRR is worth the current range, be my guest. I could make money off of this if i were to drill down on lower timeframes (but I’d have to be more precise and hands on)

LOONIE
Flag

Currently consolidating within a range. Watch for continuation of near-term uptrend.

AUSSIE
Bullish With Hesitation

Over the longer term on a bullish trend. Good to see confluence of several aspects indicating more bullish action. However, there remains to be some hesitation as it encounters resistance. Probably buy on breakout of resistance but failure to breakout and weakening of demand can pull price down to either 0.6711-ish area or the 0.6695-ish area. It hinges on the 0.6743-ish area HOLDING.

KIWI
Bullish with Weakness (50-50)

Over the longer term on a bullish trend. There is also a confluence of bullish aspects of the system for this trade. Currently retracing after failed break of 0.6207 resistance. Possible buy on breakout to continue bullish trend.
0.6172 area is critical support. If it breaks, possible retracement to 0.6158-ish area

Happy hunting!

May you break resistances and reach new highs!

[Imperator_KittyCat]

AGM-69 SRAM

FIBER
Range

Current Range is 1.1106 to 1.1158-ish. It’s trying to breakout of that range but it needs to break 1.1193 for it to be interesting for a bullish case scenario. Looking to just range play for now.

CABLE
At Resistance

Bullish trend intact but encountering resistance. Will likely retrace. Observe if failure to break resistance results in retracement or reversal. Watching 1.3314-ish level as the line-in-sand that tells me if merely a retracement or already a reversal.

GOPHER
50-50

Currently retracing after encountering resistance at 144.56-ish level. Watch if uptrending channel holds. Breaking 1.4456-ish area means uptrending channel may continue. Breaking support at 142.56-ish level means the end of the uptrending channel

SWISSIE
Range or Down

Still playing at the range between 0.84231-ish and 0.85343-ish. I don’t like to play this range and get chopped. However, you can zoom out and make an argument for a descending triangle indicating bearish action soon but i won’t pre-empt that

LOONIE
Down

After breaking down from the range from 1.35465 to 1.35677, the Loonie is on track to hit target at 1.34384-ish area. Don’t chase

AUSSIE
Up

Uptrending channel still intact. Watch support at 0.6823 upon retracement if you want to get in.

KIWI
Up

Same as Aussie. Watch if 0.62575 holds as support should it retrace to see if uptrend still intact.

Happy hunting!

May you break resistances and reach new highs!

[ria_rose]

Good luck with your trades this week Imperator! As you say, may you break resistances and reach new highs! I’m also tempted to trade these pairs now that I have more of an idea on their price actions.