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

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
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Grant
Posts: 943
Joined: 14 Aug 2011, 14:52
14

Re: Trading Talk - (Immy's Journal)

Unread post by Grant »

#-o

Its why i have been away form my journal for a while, trading this new way and seeing how convincing it is....

so far it has merit....

grant
success = patience + discipline - greed
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Darren
Posts: 891
Joined: 20 Nov 2012, 13:54
12

Re: Trading Talk - (Immy's Journal)

Unread post by Darren »

That is great to hear Grant. ^:)^
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immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: Trading Talk - (Immy's Journal)

Unread post by immy »

The Great Idea is Simple.

It has ticked all the boxes a successful trading system gives you.

100% OBJECTIVE Entry System (Anyone will be able to see whether there is a Long or Short - No more confusion)
100% OBJECTIVE Money and Trade Management.
It is Built on a concept we already trade on a daily basis.
It is simple.
It has no Lagging Indicators.
It allows us to take Entries with Very Low Initial Risk with Unlimited Potential for Profits.
It is integrated approach that allows you to trade at Pivot Point of Time Frames
It allows us to USE SL Distance equal to that of M1/M5/m15 Time frames but
It allows us to take profits equal to that of H1/H4/D1 Time Frames
20 Pip Stop Loss Required with over 100pips average winners.
It has a statistically proven profit factor of 1.31 (in the long run if you take all the signals regardless you would make $130 for each $100 spent)

It has the least amount of screen time making you Work Less and Making Your Money Work Hard for you.
Work Less Make More by Minimizing screen time and prolonging trade times. Losing trades last minutes, winning trades could last months.


More on this later - Unfortunately, the idea is not mine but it is so great, its simplicity will make it hard for you to believe. Its like holding magic beans in your hands and not believing it can grow into a plant that can grow all the way to the heavens.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Trading Talk - (Immy's Journal)

Unread post by immy »

immy wrote:The Great Idea is Simple.

It has ticked all the boxes a successful trading system gives you.

100% OBJECTIVE Entry System (Anyone will be able to see whether there is a Long or Short - No more confusion)
100% OBJECTIVE Money and Trade Management.
It is Built on a concept we already trade on a daily basis.
It is simple.
It has no Lagging Indicators.
It allows us to take Entries with Very Low Initial Risk with Unlimited Potential for Profits.
It is integrated approach that allows you to trade at Pivot Point of Time Frames
It allows us to USE SL Distance equal to that of M1/M5/m15 Time frames but
It allows us to take profits equal to that of H1/H4/D1 Time Frames
20 Pip Stop Loss Required with over 100pips average winners.
It has a statistically proven profit factor of 1.31 (in the long run if you take all the signals regardless you would make $130 for each $100 spent)

It has the least amount of screen time making you Work Less and Making Your Money Work Hard for you.
Work Less Make More by Minimizing screen time and prolonging trade times. Losing trades last minutes, winning trades could last months.


More on this later - Unfortunately, the idea is not mine but it is so great, its simplicity will make it hard for you to believe. Its like holding magic beans in your hands and not believing it can grow into a plant that can grow all the way to the heavens.
I was in search for a solution that ticks all the boxes.
1. Minimum Screen Time ( Party due to the concept - Work Less and Make More - Don't Work Too Hard, Let The Money Work Hard For You, and party due to major life style changes)
2. Maximum Profits with Minimum Risk. Akin to Seed, I want to catch the Tree when it was a Seed. (Breakout Trades)
3. The idea "What if I can spot M5 Setups on Higher Time Frames"

Point 3 Brought us here. A very pleasant surprise. It was right in front of me all this time.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Trading Talk - (Immy's Journal)

Unread post by immy »

immy wrote:
immy wrote:The Great Idea is Simple.

It has ticked all the boxes a successful trading system gives you.

100% OBJECTIVE Entry System (Anyone will be able to see whether there is a Long or Short - No more confusion)
100% OBJECTIVE Money and Trade Management.
It is Built on a concept we already trade on a daily basis.
It is simple.
It has no Lagging Indicators.
It allows us to take Entries with Very Low Initial Risk with Unlimited Potential for Profits.
It is integrated approach that allows you to trade at Pivot Point of Time Frames
It allows us to USE SL Distance equal to that of M1/M5/m15 Time frames but
It allows us to take profits equal to that of H1/H4/D1 Time Frames
20 Pip Stop Loss Required with over 100pips average winners.
It has a statistically proven profit factor of 1.31 (in the long run if you take all the signals regardless you would make $130 for each $100 spent)

It has the least amount of screen time making you Work Less and Making Your Money Work Hard for you.
Work Less Make More by Minimizing screen time and prolonging trade times. Losing trades last minutes, winning trades could last months.


More on this later - Unfortunately, the idea is not mine but it is so great, its simplicity will make it hard for you to believe. Its like holding magic beans in your hands and not believing it can grow into a plant that can grow all the way to the heavens.
I was in search for a solution that ticks all the boxes.
1. Minimum Screen Time ( Party due to the concept - Work Less and Make More - Don't Work Too Hard, Let The Money Work Hard For You, and party due to major life style changes)
2. Maximum Profits with Minimum Risk. Akin to Seed, I want to catch the Tree when it was a Seed. (Breakout Trades)
3. The idea "What if I can spot M5 Setups on Higher Time Frames"

Point 3 Brought us here. A very pleasant surprise. It was right in front of me all this time.
Please attach this Indicator to your Chart and Check M1/M5 or M15 time frames. This is not to be used, this indicator is only used for research purposes.
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 :nerd

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! 🍌
User avatar
Darren
Posts: 891
Joined: 20 Nov 2012, 13:54
12

Re: Trading Talk - (Immy's Journal)

Unread post by Darren »

I feel like I am waiting for Christmas :)

I have the indicator loaded - not entirely sure what I am looking for though!
User avatar
Grant
Posts: 943
Joined: 14 Aug 2011, 14:52
14

Re: Trading Talk - (Immy's Journal)

Unread post by Grant »

Hopefully a chart Darren

(rofl) (rofl) (rofl)
success = patience + discipline - greed
User avatar
Darren
Posts: 891
Joined: 20 Nov 2012, 13:54
12

Re: Trading Talk - (Immy's Journal)

Unread post by Darren »

And a very nice chart it looks too! :-?
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Trading Talk - (Immy's Journal)

Unread post by immy »

Darren wrote:And a very nice chart it looks too! :-?
The secret is a Candle Pattern and AIMS box. Simple.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
User avatar
Tomi
AIMSter
AIMSter
Posts: 954
Joined: 08 Jan 2012, 19:21
13

Re: Trading Talk - (Immy's Journal)

Unread post by Tomi »

Grant wrote:Hopefully a chart Darren

(rofl) (rofl) (rofl)
(rofl)

Darren, it draws small horizontal black (range I guess) lines at least on smaller timeframes. Looking forward what Immy/Grant have come up with! Keep up the good work fellows.

Finland vs Russia game ongoing.... :P
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