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

[immy]

M5 Picture http://www.mql5.com/en/charts/1614908/e ... trading-eu

M1 Picture http://www.mql5.com/en/charts/1614807/e ... un-haha-75

[immy]

Price started going up soon after I timed my exit right at the bottom of that wave. Its magic isn't it? and you're probably wondering how can one do this magic. To be honest, its not really magic, a little bit of help from higher time frame. We knew and could clearly see on the charts that EU was not really in a strong momentus move. Hence I concluded that it was a corrective wave, reason, it was going towards purple line. And purple line seems to be often quite bouncy location! for m1, this time, it worked perfectly.



H1 Chart . Pretty choppy

[immy]

AUD/USD, a reversal setup, it felt good, it felt as if it was goin to drop. I dont know why but this is how I felt and I wrote it down and also posted the following picture in the chatroom this afternoon. A little bit of patience and discpline later.... and some news.... a lovely drop.

Snapshot of the chatroom. hehe

AU Reversal 19.3.14 1.PNG

The full picture

[Michal]

AUD/USD, a reversal setup, it felt good, it felt as if it was goin to drop. I dont know why but this is how I felt and I wrote it down and also posted the following picture in the chatroom this afternoon. A little bit of patience and discpline later.... and some news.... a lovely drop.

Snapshot of the chatroom. hehe

AU Reversal 19.3.14 1.PNG

The full picture

niceee :-bd

[immy]

AUD/USD, a reversal setup, it felt good, it felt as if it was goin to drop. I dont know why but this is how I felt and I wrote it down and also posted the following picture in the chatroom this afternoon. A little bit of patience and discpline later.... and some news.... a lovely drop.

Snapshot of the chatroom. hehe

AU Reversal 19.3.14 1.PNG

The full picture

niceee :-bd

Thanks Michal. Some one else took the trade too after I posted my picture, was it you or Peter?

I got out of it. I'll be back later.

[immy]

Spot the difference. Gold and Aussie setups. The pictures look identical at the time of setups. Yet, one is a winner another loser. what happened there?

[Nikita]

SL on the gold was too tight. May be not included big spread on gold.
Plus SL should be on the other side of the box + spread.

[immy]

SL on the gold was too tight. May be not included big spread on gold.
Plus SL should be on the other side of the box + spread.

Nikita! Agreed

A punt on Ucad earlier, and since then its just stopped. I'll leave it till London close and then decide its fate haha

[zainfakhan]

Immy was it a PC trade??

[Silas]

Hi zainfakhan,

it´s an advanced technique called prinicple C. Here´s the link to the pdf, when you are a premium member.

http://www.itradeaims.net/forum/viewtop ... f=34&t=618


Silas