Fran's GAZETY

[francisrama]

...do you still have any doubt???

- exit my UJ trade right there!!!

Comments
- Immy, Steve/Storm, being part of your disciples is a benediction and an honour!!!

usdjpy-m5.png

KR

[francisrama]

Sept 3, no afternoon trade yet...

- missed at least 3 fruits (UJ, EJ and UChf...), I was not there
- I have a question though please = regarding the below chart, do we have a divergence (even if the 2 points are very distant)???

Comments

- Again importance of "being there" when action occurs ...But you can't be there all the time, can you?
- Will not have much time this afternoon; let's see how it works out

usdjpy-m5.png

KR

[immy]

Sept 3, no afternoon trade yet...

- missed at least 3 fruits (UJ, EJ and UChf...), I was not there
- I have a question though please = regarding the below chart, do we have a divergence (even if the 2 points are very distant)???

Comments

- Again importance of "being there" when action occurs ...But you can't be there all the time, can you?
- Will not have much time this afternoon; let's see how it works out

usdjpy-m5.png

KR

Divergence is totally the opposite .... there is divergence in the blue peaks though

[francisrama]

Thx Immy, that was my question = are the 2 aqua segments diverging, despite the fact that the 2 points on the left (start of aqua segments) are very far from the 2 points on the right of the chart (end of aqua segments) ...So distance does not matter then...

KR

[immy]

Thx Immy, that was my question = are the 2 aqua segments diverging, despite the fact that the 2 points on the left (start of aqua segments) are very far from the 2 points on the right of the chart (end of aqua segments) ...So distance does not matter then...

KR

But the aqua lines are pointing to red peaks on eWave and price lows. The red peak to the right is taller than the red peak to the left so this cannot be divergence. forgive me if I misunderstood you.

[francisrama]

oh I see then Immy!!! So if if we name price points A1 (left) and B1 (right), then A2 and B2 the corresponding points on A0, divergence would be (for my example) A1 higher than B1, and A2 lower than B2, right??? Got it I think...

Thx so much!

KR

[immy]

oh I see then Immy!!! So if if we name price points A1 (left) and B1 (right), then A2 and B2 the corresponding points on A0, divergence would be (for my example) A1 higher than B1, and A2 lower than B2, right??? Got it I think...

Thx so much!

KR

i'll simply say this, if as a result of what you already knew before knowing about divergence, you were achieving the results that you have shown, you do not need to know more about markets to make more money. You only need to act on what you already knew and it worked. It is however, an inbuilt human trait, a quality and belief that knowing more makes us better. In trading, however, its not true. The more we know, the worst we perform. And forex Less is always More....

I love your journal. I wish it carries on with daily updates like so... forever... love it ... (hug)

[Dave]

I love your ongoing analysis Fran, keeping the forum alive!
Divergence is most easily described as:
Rising market - two price peaks where the second peak is higher than the first, but on the corresponding eWave peaks the second peak is lower than the first;
And the opposite for a falling market.
In no way do I suggest I have all the answers but this might help a bit http://www.itradeaims.net/forum/viewtop ... f=50&t=994" onclick="window.open(this.href);return false;

[francisrama]

Thx very much Immy for your wise advises, and big thx Dave for your always mindful help!!!!

Sept 4, morning trade

- UJ did it again, very classical
- SEED on H1, enter 2 x 0.5%, exit half @1:1, on free trade @0.5% still running
- chart below

Comments
- doing is understanding = the more I use AIMS, the more I understand it. It is more than understanding in fact, it's a kind of "you know you're right..."
- again emphasize the importance of BEING THERE AT THE RIGHT TIME
- of similar importance is DO NOT CHASE A TRADE IF I MISS THE SET-UP
- I viewed one more time the video "from the beginning of time..." and still capture "details" I missed the first time. I'm convinced it's important to read re read re re read our AIMS ebooks (be it the set up, wave counting etc.)
- no missed trade so far...This is a big big change!!! ...(even if missing a trade with AIMS is not "dramatic...")

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KR

[francisrama]

pouf pouf...missed this one...