I mentioned that I'm tending to trade higher timeframes, and find it more relaxing and more reliable, and recommendable
How about that for the "three Rs"?
I'll try and attach chart of Swisse, and say that if the price looks like breaking Aims and RSI (or QQE in my case) is reversing I will sometimes open a position ahead of cross of the zero line on AO (Ewaves). The chart shows a powerful sell signal and a powerful buy signal
I haven't worked very hard this week but my money has!
Cheers
Apologies for the cluttered chart, I had extra overlays on this one - Heiken Ashi (which is good for showing direction change on the candles) and a few more MAs as I keep an eye on other things lurking round as well as alligators
P.S Please dont get it into your heads that I am ultra successful. I probably make more mistakes than most! R
Ray's amnesty page
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wiseambitions
- AIMSter
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Re: Ray's amnesty page
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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immy
- Founder
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- Joined: 22 Nov 2010, 16:46
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Re: Ray's amnesty page
RAY! O RAY
SETTLE DOWN NOW. STICK TO ONE THING.
I don't care if you hate me 4 doing this to you. I know you're gonna thank me one day. STICK TO SOMETHING. SETTLE DOWN
SETTLE DOWN NOW. STICK TO ONE THING.
I don't care if you hate me 4 doing this to you. I know you're gonna thank me one day. STICK TO SOMETHING. SETTLE DOWN
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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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
I was happy to end the day (which was pretty much a half day with US being on bank holiday) with +23 pips net
However if I had not been going out on other business I might have set up a PO either side of aims on H1 with Kiwi
The euro-nzd chart shows the excellent breakout after news tonight - 125 pips were available.
Can't win em all but it shows the potential of the system
However if I had not been going out on other business I might have set up a PO either side of aims on H1 with Kiwi
The euro-nzd chart shows the excellent breakout after news tonight - 125 pips were available.
Can't win em all but it shows the potential of the system
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
Bed time really, but I am in a bonanza trade on the Ozzy due to news
Dont ask me why I didnt set a PO on the break lower on H1 which happened for a few minutes until glory, but at least I got the spike in the right direction.
I haven't decided when to close this one, am trailing it at 10 pips and feeling nice all over
Dont ask me why I didnt set a PO on the break lower on H1 which happened for a few minutes until glory, but at least I got the spike in the right direction.
I haven't decided when to close this one, am trailing it at 10 pips and feeling nice all over
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
To me the greatest thing about Aims is riding with the breakout of Support or Resistance in the direction of the trend (as observed in a higher time frame).
Fractals, with the production of the Aims box, is of course the framework of this, and it is interesting to watch charts in real time and notice how often the resistance or support line is "respected" (that's the word for when price won't go through that line and bounces back off), and this can go on several times before it either happens or it doesnt.
On h1 (usdchf) today I saw this happening after 6 or 7 bars. It pays to have patience, because if and when a breakout does occur on a slow chart eg M30, H1, H4 it does tend to be quite powerful, and that is where I have had a lot of recent success.
Fractals, with the production of the Aims box, is of course the framework of this, and it is interesting to watch charts in real time and notice how often the resistance or support line is "respected" (that's the word for when price won't go through that line and bounces back off), and this can go on several times before it either happens or it doesnt.
On h1 (usdchf) today I saw this happening after 6 or 7 bars. It pays to have patience, because if and when a breakout does occur on a slow chart eg M30, H1, H4 it does tend to be quite powerful, and that is where I have had a lot of recent success.
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Just a few quick pips for me, enough to make me feel better before dentists, all in the course of 10 minutes on aususd this morning
It had risen a fair bit the previous hours, and I was looking at m15. AO showed downward momentum was fading, after a big drop Wednesday, and price was liable to jump upwards from Aims box, although it would be towards purple (possibly a w4)
I use just below the green line as SL rather than giving it the full depth of the Aims box in trades like this and find I do ok on the whole
Too much like falling pianos to incline me to participate in euro-related pairs right now
Anyway, 5 or 6 pips keeps other work away.
It had risen a fair bit the previous hours, and I was looking at m15. AO showed downward momentum was fading, after a big drop Wednesday, and price was liable to jump upwards from Aims box, although it would be towards purple (possibly a w4)
I use just below the green line as SL rather than giving it the full depth of the Aims box in trades like this and find I do ok on the whole
Too much like falling pianos to incline me to participate in euro-related pairs right now
Anyway, 5 or 6 pips keeps other work away.
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
plus another 5 or 6 when it dropped out of m15
I can only say it's hard to pass by the potential excitement of m1, but results for me are more reliable and emotions are more relaxed for trading no faster timeframes than m15,
12 pips today, let's keep them this way
I can only say it's hard to pass by the potential excitement of m1, but results for me are more reliable and emotions are more relaxed for trading no faster timeframes than m15,
12 pips today, let's keep them this way
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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Darren
- Posts: 891
- Joined: 20 Nov 2012, 13:54
- 13
Re: Ray's amnesty page
Hi Ray,
Good to see you are still successful! :-bd
I was just wondering how you manage your trades? It looks like you are waiting for an M15 Aims breakout then take your profit after a few pips, which is similar to trading M1 and only placing trades when there is a double Aims and taking profit at 1:1 or 1:2. I was just curious what your rules for taking profits are?
Cheers.
Good to see you are still successful! :-bd
I was just wondering how you manage your trades? It looks like you are waiting for an M15 Aims breakout then take your profit after a few pips, which is similar to trading M1 and only placing trades when there is a double Aims and taking profit at 1:1 or 1:2. I was just curious what your rules for taking profits are?
Cheers.
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
Depends how much screen time I have, as I prefer to watch the trade rather than go away and let it hit its stops. Ideally I'd like to wait until price goes wrong side of green line in the same TF, but otherwise I am happy having a daily target of 10, I have more confidence in S1 entries of course, and add-ons have to be treated with more care and less aggressionDarren wrote:Hi Ray,
Good to see you are still successful! :-bd
I was just wondering how you manage your trades? It looks like you are waiting for an M15 Aims breakout then take your profit after a few pips, which is similar to trading M1 and only placing trades when there is a double Aims and taking profit at 1:1 or 1:2. I was just curious what your rules for taking profits are?
Cheers.
I just have the theory that breakouts in higher TFs eg m15,30,60 generally have more force in them than in lower TFs, preferably if the aims box isn't too high. - and yes a double aims with the next TF down helps as with M5/m1
Currently I'm on a PF of between 2.5 and 3 so I think that's respectable, although there's room for improvement
Cheers
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
I've been having fun with Swisse this morning
Here's where it dropped out of Aims box on H4
And H4 trading is new for me, looking at h1 around 8 am I thought it was going up not down, but here it was.
I think I'll stop for today now, having taken 53 pips off the table on that one
net pips this week 88, PF 2.76
Here's where it dropped out of Aims box on H4
And H4 trading is new for me, looking at h1 around 8 am I thought it was going up not down, but here it was.
I think I'll stop for today now, having taken 53 pips off the table on that one
net pips this week 88, PF 2.76
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."