Immy's Corner [The Setup The Hunt - T20's and more]

[immy]

Are we going to see it go back up! (rofl)

[immy]

Are we going to see it go back up! (rofl)

[immy]

Are we going to see it go back up! (rofl)

Play time finished... and so is the campaign! haha
this one was played with smaller lots, just for fun! and it was so easy to trade it. But don't forget a trader might consider 1 lot as small and to the other it may be too big. We all have psychological barriers not to confuse it though with the size of hte account. if you're trading anything less than 10K chances are that 1 lot may be very big for you!

I'm amazed how easy it is to trade and let it run when you don't feel the pressure. in other words when you're NOT scared. And what are we scared of? 1. Being Wrong. 2. Losing Money. 3... fill in the blanks...

[flpip7]

Hi Immy!

I have a question:

Would you take a trade on M1 even though price is going towards purple on M5?

I wait until price is above/below purple on both TF's before entering a trade and it works BUT have noticed that I am missing quite a few trades on M1 when price is going towards purple on M5. BTW, I am using the original template.

Thanks

[immy]

Hi Immy!

I have a question:

Would you take a trade on M1 even though price is going towards purple on M5?

I wait until price is above/below purple on both TF's before entering a trade and it works BUT have noticed that I am missing quite a few trades on M1 when price is going towards purple on M5. BTW, I am using the original template.

Thanks

I don't really look at purple of m5 but if you do look at it, its a good filter. For me purple is just a guideline and not a very strict filter. It tells me where price is in relation to 5x time frame. Probabilities change through out the day and only experienced traders can tell when one thing carries more probability over the other. E.g. when I see that 1-5 has completed and I was trading the 4th wave or retrace of what I thought was a 3rd wave on m5, as soon as I do the count 1-5 against the 3 on m5, I would go against purple if the setup is correct using the 3 rules. Tight Gators, Tight Box, and Flat AO! thats just one example.

I hope it helps!

ps: all the templates are original... just kidding!

[flpip7]

Thanks

[immy]

Just saw UJ And EJ, they showed perfect setups on M5. got busy replying to some emails otherwise I never leave a great saddle point untended ! nice spike

[immy]

I've enable a quick reply to this forum so we can use it for quick chat-like replies if need be

[Grant]

Guru Guru Guru Guru Guru Guru...

Yep quick reply works well....

[immy]

Grant The Ultimate Supreme Leader! bow bow

haha