Immy's Corner [The Setup The Hunt - T20's and more]
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Trading Talk - (Immy's Journal)
I'm Going to Share A specific Strategy for DAX. Very Very simple and requires only 1hr of your time.
cheers until later... out for some drinks! haha
ps: Learn to Use the Fib Retracement! I should have said that a hundred years ago. But if you want to trade The Wave... You better understand the power of 38% and 50% retrace.... well, nevermind, you do now.
pps: I just taught how I convert an M1 trade into a h1 gradually.... in a post up there... care to find it?
cheers until later... out for some drinks! haha
ps: Learn to Use the Fib Retracement! I should have said that a hundred years ago. But if you want to trade The Wave... You better understand the power of 38% and 50% retrace.... well, nevermind, you do now.
pps: I just taught how I convert an M1 trade into a h1 gradually.... in a post up there... care to find it?
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
- 12
Re: Trading Talk - (Immy's Journal)
Hi Immy,
Hope you enjoyed the drinks!
Looks like you are trailing using a 50% retracement level to me in a post up above. Not sure when it would kick in though (i.e. you start trailing), maybe after it gained 15 pips or so?
I assume you convert a 1 min to a 1 hr trade by letting the trade run and as soon as a 5 min aims box is formed you trail with that, then as soon as a 15 min aims box is formed you start using that and so on!
Cheers,
Darren
Hope you enjoyed the drinks!
Looks like you are trailing using a 50% retracement level to me in a post up above. Not sure when it would kick in though (i.e. you start trailing), maybe after it gained 15 pips or so?
I assume you convert a 1 min to a 1 hr trade by letting the trade run and as soon as a 5 min aims box is formed you trail with that, then as soon as a 15 min aims box is formed you start using that and so on!
Cheers,
Darren
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Trading Talk - (Immy's Journal)
News Trading: A Very Simple Strategy.
Watch for Spike. Watch for a tiny pull back. entry and high/low of pullback should be not more than 10 pips apart. take the break of aims or BLT entry. BLT Entry example below. SL 7 pips. Profit 25 locked so far. Cable M5 after news Setup. Red Dot, AIMS box a bit high but moves are clearly down. Cable not the main moving pair so far but lets see. Its the Euros doing the tricks...
Watch for Spike. Watch for a tiny pull back. entry and high/low of pullback should be not more than 10 pips apart. take the break of aims or BLT entry. BLT Entry example below. SL 7 pips. Profit 25 locked so far. Cable M5 after news Setup. Red Dot, AIMS box a bit high but moves are clearly down. Cable not the main moving pair so far but lets see. Its the Euros doing the tricks...
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!
- tmmbabs
- AIMSter
- Posts: 152
- Joined: 13 Aug 2011, 14:05
- 14
Re: Trading Talk - (Immy's Journal)
News strategy pays awesomely and in a timely mannerimmy wrote:News Trading: A Very Simple Strategy.
Watch for Spike. Watch for a tiny pull back. entry and high/low of pullback should be not more than 10 pips apart. take the break of aims or BLT entry. BLT Entry example below. SL 7 pips. Profit 25 locked so far. Cable M5 after news Setup. Red Dot, AIMS box a bit high but moves are clearly down. Cable not the main moving pair so far but lets see. Its the Euros doing the tricks...
- CHEROMEYS
- Free Member
- Posts: 43
- Joined: 16 Oct 2012, 09:41
- 13
Re: Trading Talk - (Immy's Journal)
Hi Immy,
What's your preferred exit strategy for news trading?
Roman
:-bd
What's your preferred exit strategy for news trading?
Roman
:-bd
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Trading Talk - (Immy's Journal)
The usual. Trail AIMS, green/red line or TP.CHEROMEYS wrote:Hi Immy,
What's your preferred exit strategy for news trading?
Roman
:-bd
cheers
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
- 14
Re: Trading Talk - (Immy's Journal)
Couple of tiny rents today, and now this one... Reporting this to say Thanks to the Al-Mighty Guru - Grant ^:)^ ^:)^ ^:)^ (he saw it when we all thought, Grant may be "seeing things".) nice...
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
- 14
Re: Trading Talk - (Immy's Journal)
It looked so nice.... but... then...immy wrote:Couple of tiny rents today, and now this one... Reporting this to say Thanks to the Al-Mighty Guru - Grant ^:)^ ^:)^ ^:)^ (he saw it when we all thought, Grant may be "seeing things".) nice...
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
- 14
Re: Trading Talk - (Immy's Journal)
I was just checking and wanted to go out again... BUT
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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
- 14
Re: Trading Talk - (Immy's Journal)
A trade I called in the room but don't think anyone took notice of. anyway, its a good example of a nicely managed Rent.
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!