The SEED
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: The SEED
Guess what chart is this?
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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kooky
- Free Member
- Posts: 133
- Joined: 12 Feb 2012, 06:39
- 13
Re: The SEED
Immy, (wd)
I have had 3 winning days,albeit trading 1 minilot, for the first time since I can remember, and I received my copy of Trading in The Zone and simply CANNOT put it down,Magical Stuff
Thankyou Soooooo Much mate
Kooky
I have had 3 winning days,albeit trading 1 minilot, for the first time since I can remember, and I received my copy of Trading in The Zone and simply CANNOT put it down,Magical Stuff
Thankyou Soooooo Much mate
Kooky
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: The SEED
Kooky!
Happy to hear that! Now remember, consistency is the key. You gotta keep doing what you're doing again and again and again, and only then you'll continue this success.
Well done .... many more successful days, weeks and months to you
Happy to hear that! Now remember, consistency is the key. You gotta keep doing what you're doing again and again and again, and only then you'll continue this success.
Well done .... many more successful days, weeks and months to you
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
Aggressive Fruit Technique
The FRUIT Concept and BDC Entries? Are they the same?
Yes and no. The Fruit is a concept of hitting the tops and bottoms of waves where as THE BDC is a candle formation we have chosen to use to make entries into the market. So remember this, first you decided whether its time to take reversal or not, and then you look for BDC. I do not recommend the opposite approach but most people do it that way. They see the signal and then they think whether to take it or not. My philosophy is you should know whether you want to trade this direction or not and then look for entry setup. Having said that, its a choice and really whatever works for you. We are all unique individuals and we must understand and always strive to understand who we are and so in doing so we would know exactly what works for us.
What are other uses of BDC? Can We use BDC for Trend Following as well?
I'm sure you've already read, but as explained in the BDC post, we can also use BDC for trend trading as well.
Some pics attached.
Yes and no. The Fruit is a concept of hitting the tops and bottoms of waves where as THE BDC is a candle formation we have chosen to use to make entries into the market. So remember this, first you decided whether its time to take reversal or not, and then you look for BDC. I do not recommend the opposite approach but most people do it that way. They see the signal and then they think whether to take it or not. My philosophy is you should know whether you want to trade this direction or not and then look for entry setup. Having said that, its a choice and really whatever works for you. We are all unique individuals and we must understand and always strive to understand who we are and so in doing so we would know exactly what works for us.
What are other uses of BDC? Can We use BDC for Trend Following as well?
I'm sure you've already read, but as explained in the BDC post, we can also use BDC for trend trading as well.
Some pics attached.
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: The SEED
A fantastic SEED today on GU but a bit late in the day.
Wave was clear on all time frames. GU clearly going up. 5th wave on H1. Seed in a perfect spot and size.
Wave was clear on all time frames. GU clearly going up. 5th wave on H1. Seed in a perfect spot and size.
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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Darren
- Posts: 891
- Joined: 20 Nov 2012, 13:54
- 12
Re: The SEED
I have a question about when to delete a PO for the Seed.
If there is an up trend and a seed is formed so you put your PO above it and SL below it, at what point do you delete the PO if it isn't triggered? When the price breaks below the seed, or when the current candle closes below the seed, or when another signal is formed?
If there is an up trend and a seed is formed so you put your PO above it and SL below it, at what point do you delete the PO if it isn't triggered? When the price breaks below the seed, or when the current candle closes below the seed, or when another signal is formed?
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: The SEED
HiDarren wrote:I have a question about when to delete a PO for the Seed.
If there is an up trend and a seed is formed so you put your PO above it and SL below it, at what point do you delete the PO if it isn't triggered? When the price breaks below the seed, or when the current candle closes below the seed, or when another signal is formed?
As long as the conditions for taking the signal/trade remain the same and the high for longs and low for shorts is not violated we can leave the po intact
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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Darren
- Posts: 891
- Joined: 20 Nov 2012, 13:54
- 12
Re: The SEED
Thanks for the reply Immy.immy wrote:HiDarren wrote:I have a question about when to delete a PO for the Seed.
If there is an up trend and a seed is formed so you put your PO above it and SL below it, at what point do you delete the PO if it isn't triggered? When the price breaks below the seed, or when the current candle closes below the seed, or when another signal is formed?
As long as the conditions for taking the signal/trade remain the same and the high for longs and low for shorts is not violated we can leave the po intact
If the high for longs and low for shorts is violated then surely the PO will be opened and you will be in a trade? (Unless it was violated by less than 1 pip!)
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: The SEED
yes, if your signal is triggered whether you are in it or not is a different issue, but if its triggered then you should be in it, if not, in case you missed it, its gone, look for another opportunity. if the high of a short signal is violated we will still take the short just the AU short a few days ago, that we missed.Darren wrote:Thanks for the reply Immy.immy wrote:HiDarren wrote:I have a question about when to delete a PO for the Seed.
If there is an up trend and a seed is formed so you put your PO above it and SL below it, at what point do you delete the PO if it isn't triggered? When the price breaks below the seed, or when the current candle closes below the seed, or when another signal is formed?
As long as the conditions for taking the signal/trade remain the same and the high for longs and low for shorts is not violated we can leave the po intact
If the high for longs and low for shorts is violated then surely the PO will be opened and you will be in a trade? (Unless it was violated by less than 1 pip!)
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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francisrama
- Free Member
- Posts: 441
- Joined: 12 Jul 2013, 00:58
- 12
Re: The SEED
Good morning Immy and All,
I've just joined and spent last week reading and digesting priceless infos here! I choose to trade SEED, and as you predict like to drop to 5M to "make sure"
))...And waouh it does work great -on my demo account for the time being...- I have one question please, just for the sake of understanding = We need to hand pick SMALL INSIDE BAR on 1H. I do understand why it has to be SMALL. Could you please highlight why it has to an INSIDE BAR?
I should have started with this = THANK YOU for this eye opening strategy...and the rest of course!!!
Fran (based in Paris-FRANCE)
I've just joined and spent last week reading and digesting priceless infos here! I choose to trade SEED, and as you predict like to drop to 5M to "make sure"
))...And waouh it does work great -on my demo account for the time being...- I have one question please, just for the sake of understanding = We need to hand pick SMALL INSIDE BAR on 1H. I do understand why it has to be SMALL. Could you please highlight why it has to an INSIDE BAR?I should have started with this = THANK YOU for this eye opening strategy...and the rest of course!!!
Fran (based in Paris-FRANCE)
I Am, That I Am!
Fran
Fran