Did any one ask what is webbing technique? no... I'll she some light anyway.
Basically. instead of going full 1% or 2% you split your position into 3 or 5 parts and put PO's 5 pips apart. or simply on each fractal level that appears as long as its 3-5 pips apart and then let it bloody run (thats the hard part haha) you have to violate your rules to let it run when in profit (only some times) violating rules when losing is absolutely NOT allowed. bend a rule here and there to try to let it run. is a positive thing IMHO>
right now. but when you see a strong exit signal. take 2-3 positions off and let the first one run. until you see a completed 1-5 on m1 as long as you don't see a sudden 50 pip spike its ok to let it run.
below the first entry was made on ITB confirmation of upper aims level. or one could have traded the dot with market order. second entry on break of aims. 3rd entry oh well. based on nothing. so I guess it would have been ok had I done that below the current aims level 125.23.. never mind.
Immy's Corner [The Setup The Hunt - T20's and more]
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immy
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Re: The Tales of Immy and The AIMSters - Trading CHAT
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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immy
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Re: The Tales of Immy and The AIMSters - Trading CHAT
if you'd like the option of switching purple on and off. use AIMSigator v2.1 cool . (from the archives...haha)
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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immy
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- Joined: 22 Nov 2010, 16:46
- 15
Re: The Tales of Immy and The AIMSters - Trading CHAT
do we have another setup? currently price is above gator but could it give us a short for the 5th wave down? hmmmm
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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immy
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Re: The Tales of Immy and The AIMSters - Trading CHAT
Nope its going long. longer than long I'd like. PO cancelled and did not reverse my position.immy wrote:do we have another setup? currently price is above gator but could it give us a short for the 5th wave down? hmmmm
Prvius web should have closed for a minor profit.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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immy
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- 15
Re: The Tales of Immy and The AIMSters - Trading CHAT
PO for Short. in the direction of of M5 trend. m5 is not a strong trend today, with all the US banks enjoying Puppet Day. sorry I mean President's Day!
haha
haha
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: The Tales of Immy and The AIMSters - Trading CHAT
before I could post the pic. PO is cancelled.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: The Tales of Immy and The AIMSters - Trading CHAT
we have a BDC Short. PO is back on.
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: The Tales of Immy and The AIMSters - Trading CHAT
who says m1 is fast and we don't have time to put PO's. I'm getting bloody bored here... (not really getting bored, as boredom is sign on being OUT of ZONE) I'm still have fun, I'm joyful, I'm focused yet relaxed, I have "objectively" identified my edge, I have predefined my risk, I completed accept the risk otherwise I'm willing to let go of the trrade, so here I act on my setup without any reservation whatsoever. I'll pay myself when the market makes money available to me. meanwhile I'll continually monitor my susceptibility to errors.
By monitoring suceptibilty to erros I mean, I'll monitor myself by simply observing my thought process. I'll focus my consciousness on my breathing and bring myself to now. I will not let my mind go into past and future so that way I won't experience any fear, anxiety, boredom or stress because these things can cause me to get out of now and so my brain may start blocking or filtering information that tells me to stay in the trade longer and spot correct objective exit signals.
hmmmm!!!!
By monitoring suceptibilty to erros I mean, I'll monitor myself by simply observing my thought process. I'll focus my consciousness on my breathing and bring myself to now. I will not let my mind go into past and future so that way I won't experience any fear, anxiety, boredom or stress because these things can cause me to get out of now and so my brain may start blocking or filtering information that tells me to stay in the trade longer and spot correct objective exit signals.
hmmmm!!!!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
Darren
- Posts: 891
- Joined: 20 Nov 2012, 13:54
- 13
Re: The Tales of Immy and The AIMSters - Trading CHAT
Do you only trade the 1m EJ in the direction of the 5 min trend Immy?
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flpip7
Re: The Tales of Immy and The AIMSters - Trading CHAT
This part is crucial:
I will not let my mind go into past and future so that way I won't experience any fear, anxiety, boredom or stress because these things can cause me to get out of now and so my brain may start blocking or filtering information that tells me to stay in the trade longer and spot correct objective exit signals.
Thanks
I will not let my mind go into past and future so that way I won't experience any fear, anxiety, boredom or stress because these things can cause me to get out of now and so my brain may start blocking or filtering information that tells me to stay in the trade longer and spot correct objective exit signals.
Thanks