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

[immy]

Do you only trade the 1m EJ in the direction of the 5 min trend Immy?

I look for breskouts when the pair is generally sideways. If the boxes on m5 are tight then i only take break of m5vlevels once trend is confirmed i trade with the trend. That in most cases means in the direction of m5.

[immy]

Looking for short in the direction of M5 and H1 trend. Lets see what will become of this (at the time of writing I'm already in it and SL at BE)

[immy]

Looking for short in the direction of M5 and H1 trend. Lets see what will become of this (at the time of writing I'm already in it and SL at BE)

on V5.1

[immy]

Result BE!

[immy]

No more updating pics during trading. Too too distracting! Missed the long. damn it.
TMM! Here is how I play on 34. :-B

[immy]

Making the above picture cost me some pips... where is my mirror under the tree.... shit oh well NEXT.

[Tomi]

Happy that I took the same trade as the master himself. BE for me also.

[Darren]

Are you using the blue balance line as the 34 Immy?

[immy]

My research suggests that the 34sma (which is the Wave/AO) and the blue line are nearly the same. so when on classic setup I look at the blue line and when looking at 34 template i simply look at the purple line = 34sma and instantly I know where is price in relation to both AO and Gator. The thing that changed my life (in trading) was AIMS Boxes. I conceived the idea. I put it to work, and then I found what the hell were fractals. Then I found there is a whole world of knowledge about it. then I found Bill Williams. then I found profitunity. and I was laughing to myself. I invented the wheel. lol! So in other words, if you're exposed to the market long enough, you will eventually get in sync or rather you'll at least find the structure of the market. because there is one structure. by conceiving the idea of AIMS Boxes/levels i actually uncovered the structure of the structure of the market. IN a way, I found that ice crystals have a great structure organised by chaos and then I later found that these crystals are part of a bigger structure. the Elliott Wave. So what I want to say is that, if you are in tune with 34 or gator, or aims boxes or all three of them, or even in the form of multi time frame you will do good as long as you do the same thing over and over. 1000 ways to skin a cat. but skin it properly! haa

[Darren]

Thanks Immy. All makes sense.