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

[zainfakhan]

Thanks Immy for your reply,and i know that rents is part of trading and the profits before and after this range were quite good.
before also you had explained to me about that dont focus on rents else i will get more rents.
This is a review of that, i will take try to follow the targets with good RR

[immy]

Thanks Immy for your reply,and i know that rents is part of trading and the profits before and after this range were quite good.
before also you had explained to me about that dont focus on rents else i will get more rents.
This is a review of that, i will take try to follow the targets with good RR

Good to know you understand that. I will now add, if you want to have better chances of profitable trades, try restricting your trades to Higher Probability trades only. And Higher probability Setups are Breakout Setups on in the direction of Higher Time Frame Trends. I.e. take setups, S1 or S2 only when the 5x higher time frame is showing a trend. and let me repeat the repeated, Trend is simply checking which side of hte gator is price, but for simplicity sake, just follow the purple and you'll be ok.

cheers

[immy]

Used a Seed, to play GU on M5. Pictures here ... http://www.itradeaims.net/forum/viewtop ... 315#p14315

[immy]

Nice one, after some patience and discipline

[Nikita]

Immy, i hope it s not prohibited to post here a question with pictures.
What do you think about this seed?
Everything is Ok on H1, but H4 - it ll be countertrend!

eurusdh1.png

[immy]

Immy, i hope it s not prohibited to post here a question with pictures.
What do you think about this seed?
Everything is Ok on H1, but H4 - it ll be countertrend!

eurusdh1.png

I had PO's set until it decided to move the other way round.

ALL QUESTIONS ASKED MUST HAVE A PICTURE is the rule! not the opposite... thanks for your question mate...

[Nikita]

I was hesitating due to H4 direction.
H4 trend wasnt confirmed..
If every rule checked, but HTF doesnt show trend, could the seed be taken?

[immy]

I was hesitating due to H4 direction.
H4 trend wasnt confirmed..
If every rule checked, but HTF doesnt show trend, could the seed be taken?

Seed is taken in the direction of Current Time Frame, hence we make sure Gator is open, fresh cross blah blah...

[immy]

A nice picture on EJ, though did not attract much momentum/volatility it still produced an elegant picture. A specimen rather.

[immy]

Darren: Immy - I would like to see how you entered that UJ trade on M5 when you missed the Seed when you get a chance in your journal - I can't see it on my charts! 18:14

Hello Darren: it is the same process that lead us to the discovery of the Seed. since the trends on H1 are not as sublime as they are on m1, time wise, as they disappear very soon, if you see a trend on H1 it is supposed to last a few hours if not a couple of days. within those you can look for the traditional pull back scenarios, e.g. a couple of red candles within an uptrend, brining price back to green or red line. thats where we would look for Seed and/or small doji, or we can simply drop to m5 and find a setup. s1,s2 or just a classic breakout of AIMS out of gator's mouth.