The SEED

[Grant]

Nice seed on an AO pull back.... (wd)

Grant

[immy]

Perfecto SEED immy. I saw breakout but was bit skeptical as EJ and EU was moving in the same direction so didn't take it(and feeling sleepy too) . Regretting now. NEXT....
The SEED is such a great concept gives chance to enter the market when trend is confirmed with low R:R and trading them on H1 is filter itself so only gives you HPT.

Btw it's daily breakout as well and D1 is going in w5. You know next pattern immy . Nice retracement on H1 may be SEED near pullback or drop to m15 and catch nice S1.

Sam, UJ is one of the best pairs for Seeds in terms of RR. It often creates Seeds that require less than 10pip SL. It pays to have a broker with smallest possible spreads. No spreads would be ideal. Its actually so important it could make a 10% difference of profits. e.g. UJ with 1 pip Spread requires 3 pips more than the range between high and low of seed. Lets suppose range of Seed is 5, you leave 1 pip each side as buffer and 1 pip on the trade side, lets suppose Buy trade so you leave 2 pips above seed and 1 pip below it, you need an 8pips SL. Now you'd need only 8 pips move in your favour to covert this trade into Free trade. This gives you huge mental advantage as you have no pressure of losing any more so you can take objective and correct decisions because since fear has been eliminated you can think clear. If your broker has 2 pips spread you need a 9 pip SL (5 pips seed range, 1pip each side buffer plus spread 2 pips = 9pips) It would take 9 pips to get a "Care Free State of Mind". It does not look much different but read this. if case of 8 pips SL if price moves 80 pips you'd hit 5.5%. it would require 10 more pips to achieve the same result. This is what 1 pip extra spread could do. "Butterfly Effect". 1 pip cost you 1% profit here.

[immy]

Perfecto SEED immy. I saw breakout but was bit skeptical as EJ and EU was moving in the same direction so didn't take it(and feeling sleepy too) . Regretting now. NEXT....
The SEED is such a great concept gives chance to enter the market when trend is confirmed with low R:R and trading them on H1 is filter itself so only gives you HPT.

Btw it's daily breakout as well and D1 is going in w5. You know next pattern immy . Nice retracement on H1 may be SEED near pullback or drop to m15 and catch nice S1.

Sam, UJ is one of the best pairs for Seeds in terms of RR. It often creates Seeds that require less than 10pip SL. It pays to have a broker with smallest possible spreads. No spreads would be ideal. Its actually so important it could make a 10% difference of profits. e.g. UJ with 1 pip Spread requires 3 pips more than the range between high and low of seed. Lets suppose range of Seed is 5, you leave 1 pip each side as buffer and 1 pip on the trade side, lets suppose Buy trade so you leave 2 pips above seed and 1 pip below it, you need an 8pips SL. Now you'd need only 8 pips move in your favour to covert this trade into Free trade. This gives you huge mental advantage as you have no pressure of losing any more so you can take objective and correct decisions because since fear has been eliminated you can think clear. If your broker has 2 pips spread you need a 9 pip SL (5 pips seed range, 1pip each side buffer plus spread 2 pips = 9pips) It would take 9 pips to get a "Care Free State of Mind". It does not look much different but read this. if case of 8 pips SL if price moves 80 pips you'd hit 5.5%. it would require 10 more pips to achieve the same result. This is what 1 pip extra spread could do. "Butterfly Effect". 1 pip cost you 1% profit here.

Hey Sam, check this picture from today. Look at this innocent looking Seed, which at the time was just another seed. But now check the potential "hidden" within it. Its 10 times. This FO there was a small seed with open gator. Range of the seed was 7.2 pips. Lets say you need 10 pips SL. You are up 123 pips and still no exit. In a way you'r 12.3% up or more or less.



another example from AU! ooooooh that was nice.

[Tomi]

Excellent seed after S1/H1. Closed due to fruit and divergence, oh man...

usdchf_h1_seed.jpg

[immy]

Excellent seed after S1/H1. Closed due to fruit and divergence, oh man...

usdchf_h1_seed.jpg

Fantastic Trade mate! glad you got it. and where the hell are you? no show in the chatroom? you better get there or else...

[Tomi]

Excellent seed after S1/H1. Closed due to fruit and divergence, oh man...

usdchf_h1_seed.jpg

Fantastic Trade mate! glad you got it. and where the hell are you? no show in the chatroom? you better get there or else...

Trading M5/M1 time slices here and there! I'll try to join the room more often and interfere you fellows. Pardon already

[immy]

[quote="Tomi"][/quote]



correction: time time = this time haha

[Tomi]

Yes, that UCAD seed was crappy. NU seed late yesterday was better and I took it.

2014-04-11_0921.png

[Tomi]

NU seed didn't produce anything amazing. It made W3 of wave A, complete wave A or maybe C during the night time beauty sleep or something completely different - I don't care Good trade still!

2014-04-11_1354.png

[immy]

NU seed didn't produce anything amazing. It made W3 of wave A, complete wave A or maybe C during the night time beauty sleep or something completely different - I don't care Good trade still!

2014-04-11_1354.png

You still got 0.5% profit well done.