Moty`s Journal [Awarded Title: Samurai Sword Fruit Chopper]

[moty]

One trade today

[Darren]

Great to see another journal resurrected!

Nice trade Moty \m/

[moty]

I tried to implement the seed method, as Immy explained at the chat room.
the gator was open, Ao was red and the seed bar size was small,but paid the rent.

Did I do something wrong, or is it just a coincidence?

[Michal]

Hi Moty i wanted to take also this trade i think it was the good setup i just didnt go for it because of the news good to see another journal to explore

[immy]

I tried to implement the seed method, as Immy explained at the chat room.
the gator was open, Ao was red and the seed bar size was small,but paid the rent.

Did I do something wrong, or is it just a coincidence?

Hi Moty

Good attempt. Unfortunately you missed the whole point. We were discussing at that itme, how and why I did not take GU Seeds today.

Darren asked a "quick question" as if there was a quick answer avaialabel to his question. haha

So here is his question and the answer. to his question

Darren: A quick question.11:28
Immy: yes11:28
Darren: GU H1 there is a seed at 11:00 today and another at 13:00. The first would been stopped fairly quickly but the second would be a FT now. Would you have entered both or neither?11:29
Immy: now questions start. nice one.11:30
Darren: The first seed was bigger than the second seed so maybe I wouldn't have taken it.11:30
Darren: over 10 pips.11:30
Immy: the concept of S1 has taught us something.11:30
Immy: We try to catch the beginning of a wave, within a wave on a higher time frame.11:31
Immy: Purple shows the wave of 5x time frame, and within that smoother wave, we have a wave on our current time frame, that goes away from purple and back to it. meanwhile at the turning point. we get our S1/S2 setups.11:31
Immy: let me know if this is clear.11:31
Immy: before I continue11:31
Darren: So you still use purple on H1?11:32
Immy: that's not the point.11:32
Darren: Ok11:33
Immy: we used purple so we could trade "breakouts in the direction of higher tiem frame trend" which is the definition of higher probability setups.11:33
Immy: Now, come to Seed, and we are "already on" higher time frame. so we see the trend of this time frame now. which is h1.11:34
Immy: and we see that by analysing eWave, and gator.11:34
Darren: ok11:34
Immy: we want an established trend, i.e. price broken out of a range (i.e using aims boxes and gator) which means, an open gator, fresh cross, and price out of range.11:34
Immy: so in doing so, we always know which "stage of life" this wave may be. using our analysis on gator and eWave.11:35
Darren: yep11:35
Immy: the most important thing is timing,11:35
Immy: we don't want to get too early, but not too late either.11:35
Immy: now coming back to GU.11:37
Darren: I can see a lot of seeds on the chart, some obviously you do not take, others are a borderline, those are the ones I need to clear up in my head.11:42
Darren: As they can create a lot of rents.11:43
Immy: sorry i lost connection11:47
Immy: don't worry about rents.11:47
Darren: ok11:48
Immy: thats the first thing. in fact11:49
Immy: Seeds do create some rents.11:49
Immy: but the R:R is far better.11:49
Immy: and you don't need to burden yourself with Add ons.11:49
Darren: Understood11:49
Immy: e.g. the real benfit of AIMS S1 and S2 is when you start adding on at least 1 add on. the Comeptent level lets call it11:49
Immy: and the fact that you can close half at 1:1, it allows raam for breathing. you only start using green line or red line or aims trail when 1:1 is hit and market has moved in your favour.11:50
Immy: so trade management is alot easier11:50
Darren: yep11:51
Immy: so again what you're looking for is momentum.11:51
Immy: trend and momentum confirmation is First.11:51
Immy: e.g. Tomi said, the other day, on the 12th of march, about EU H1, seed, it was too big. remember?11:52
Darren: yes11:53
Immy: but it turns out it was perfect Setup for Seed, price had just broken out of aims boxes, it was above gator and it was potential 5th wave.11:53
Immy: those are the types we are after11:53
Immy: sorry tomi hehe11:53
Immy: on the same day there was a seed at 10am. would we have put a PO below it?11:53
Immy: yes, may be, but we'd know that eWave or ao is telling us there is no momentum, and we are in 4th wave, so we are looking for momentum confirmation first.11:54
Immy: on that day, Ao had been red for more than a day. so bviously it was not going down.11:54
Immy: now after all that, lets look at todays, GU11:55
Immy: we knew this.11:55
Immy: price potentially going into wave 5 down. yes11:55
Darren: yes11:55
Immy: so we ask, where did this wave 5, if it is a wave 5, started.11:55
Darren: at 23:00 yesterday?11:56
Immy: about 110 pips ago ( you see how the dimension changed, instead of Time we are thinking pips, "110 pips ago instead of that many hours ago". that is becasue we think in pips and time dimensions (x and y axis )11:56
Darren: oh - I understand yes.11:57
Immy: no, wave 5, starts at the end of Wave 4 ,so if the wave up was wave 5, as per eWave analysis, then it started at top of 13.00 candle.11:57
Darren: yes - got it.11:57
Immy: again, here, we will have to time our Seed entries, with EWave, but this time, we don't want close to zero line on either side. We want Green for long and red for shorts.11:58
Immy: we want open gator up for long and open gator down for shorts11:58
Immy: we want to be at the end of wave2, or start of wave 3, end of wave 4 or start of wave 5.11:59
Darren: ok12:00
Immy12:00
if we took Seeds simply following these rules.
1. open gator
2. eWave red for shorts, green for longs (peak not too big)
and then even if we took the too seeds on GU today, we will still be winners at the end of 100 trades.
Immy: let rule 3 be, Seed Range Tight , it would be different per pair, but 20 pips seems to be the absolute max and works ok for all.12:01
Immy: our Target is smallest possible seeds

psst: meanwhile you went on and shorted GU! what can i say my dear Moty! Still not bad at all. Start doing this and you'll have fun... don't forget to read what i mentioned about trend and momentum. clearly momentum was down but decreasing.. as eWave was maroon not red.

cheers

[moty]

Thank you Immy, I think the picture slowly becoming clear,
I want to make a summary of the rules and guidelines of the method, and hang it in front of my eyes.
1. open gator.
2. eWave red for shorts ( red but not maroon),green for longs (lime green, but not dark green ).
3. Seed Range Tight (10-15 pips).

What do you think? Is it enough?

And what about the sentence "price had just broken out of aims boxes", Is it desirable / preferable / must
to be outside the aims box?

Thanks agian

Moty

[moty]

I think that slowly slowly, i start to catch the principle of the seed`s method. (and i like it).

[immy]

I think that slowly slowly, i start to catch the principle of the seed`s method. (and i like it).

,

You're understanding gradually the essence of The Seed. Higher Probability Setups are Breakouts in the direction of Higher Time Frame Trends. FACT. We have twisted this Fact. As per the rules of Fractal Geometry, Setup within setup within setup, Structure within a structure within a structure, i.e. there is always usually unseen always present underlying structure behind everything we see.

With seed, we consider The Current time frame, i.e. H1 or M15 in this example The Higher Time Frame, and we consdier the break of a Tight SEED that "breakout in the direction of "higher time frrame" trend " which is actually this current time frame. We can say that because Tight Seeds are S1 Breakout Setups on 12-15x lower time frames. As we know all valid seeds are S1's on m1 for M15 and S1 on M5 for H1 seeds we fly above the clouds and look down at the terrain. If you're above in the sky, you can predict much in advance "which car will be where in how much time and what direction" with a degree of certainty. if you're on the ground on the road, you're level of prediction is reduced (m1).

I hope it makes sense.

[moty]

Thank you Immy, As you said, I understand gradually, and with this understanding, I hope to take less trades, but with higer success rates.
If I reach a state of 2-3 trades per week with a 75-80 percent success rate, I'll be more than satisfied

[moty]

3 m15 seeds trades today
1) gbp/usd-50%--1:1, 50%--BE.
2)aud/usd--full rent.
3)eur/jpy--full rent.