Ray's amnesty page

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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Thank you for your comments Dave
"As for your AUD short, what you've identified is the perfect reversal entry (in my opinion). Price and eWave divergence with a fruit candle at the price peak. Nice one! For me this is the highest probability of fruit entries, when the eWave has already shown momentum is turning."

There's nothing other than a trained eye can see these opportunities, and they would be classed as advanced techniques. Perhaps a year or two ago one would have been a bit timid to mention such tactics on this forum, but it seems like Aims has evolved to bring everything to do with the structure of the market together into an ATM machine - that's elliott waves, support & resistance, fibonacci retracements and extensions and money management :)

But I still prefer the S1 setup as a reliable pip production system
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."
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wiseambitions
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Re: Ray's amnesty page

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Carrying on from what Dave and I were saying about divergence

Here's DAX this morning and another indicator which I find gives a great signal for turning points. Look where I marked a buy a sell and a buy point which would have been quite profitable. I don't want to detract from the principles of Aims so won't say any more now.
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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."
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wiseambitions
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Re: Ray's amnesty page

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This is a flyer I have taken on USDCAD (which had taken a severe battering over the last 48 hours), opened long around 8 pm last evening, due to divergence on MAs, currently it has offered me 30 pips which I haven't yet claimed, but I'm holding tight. It's completely against AIMS principles, gator was still downhill, and it is towards purple, but I've sometimes found such contrarian trades to be profitable, subject to placing a stop loss carefully

Sorry I havent put notes on this chart, but the signal to go long is where (on middle graph) blue line crosses red line upwards
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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."
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Dave
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Re: Ray's amnesty page

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wiseambitions wrote:Carrying on from what Dave and I were saying about divergence

Here's DAX this morning and another indicator which I find gives a great signal for turning points. Look where I marked a buy a sell and a buy point which would have been quite profitable. I don't want to detract from the principles of Aims so won't say any more now.
I don't think this is against the principles of AIMS at all, Ray! Your markings are exactly at the zero line cross over points and where price has broken an AIMS level in line with the direction of these crosses. And doing nothing other than trailing your SL behind AIMS levels would have been profitable in both instances (wd)
Now, I choose to make a profit in trading.
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wiseambitions
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Re: Ray's amnesty page

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Monday: Bank holiday in the UK

I wonder if anyone we know was trading and had fun with the dax. I notice it went for many dozens of pips! About 100 I guess, and all in 3 or 4 minutes. (edit:10 minutes) Aims rules would have ensured this win. But I was only watching

chart attached. m5
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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."
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immy
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Re: Ray's amnesty page

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wiseambitions wrote:Monday: Bank holiday in the UK

I wonder if anyone we know was trading and had fun with the dax. I notice it went for many dozens of pips! About 100 I guess, and all in 3 or 4 minutes. (edit:10 minutes) Aims rules would have ensured this win. But I was only watching

chart attached. m5
Ray!

Got 70 out of it. missed the last 30 or so haha... enough for the week in my books. chilling on Cricket ground rest of the day (ouch from Sat and Sun games still hurts) :ar! :-bd
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wiseambitions
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Re: Ray's amnesty page

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wow that was a great result! 70 pips on the dax .......

Like you say, enough to satisfy a week's targets......

Nothing else seems to be moving on my radar. Enjoy the cricket!
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."
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wiseambitions
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Re: Ray's amnesty page

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Rather than wash 4 forex cars of mine outside (will need to sell a couple really!) I came in and decided to try a long on DAX which is running lovely, perhaps it's a w4 but I'm tightening the stops and at 15:18 it's still running

m5. against purple was the only worry
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."
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wiseambitions
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Re: Ray's amnesty page

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I have had a lovely morning all told, but just to show 'mistakes' I made which reduced my profit, the attachment is m5 of DAX. Red lines are the trades I took
First was a proper s1, after dot alert, after break of lower aims box, away from purple. I should have stayed in longer but got out due to trailing the stop at 15, perhaps I should have trailed it at 10 instead.

I then went back in as an add on, and rode it down to the tz1 fib line and got out. The market kept on moving and the price hasn't gone back to the green MA yet, and if I had traded this to full potential there would have been well over 70 pips available, indeed it is still bottomless
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."
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wiseambitions
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Re: Ray's amnesty page

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27.8 pips on a long trade Dax m5 which I opened on fractal break, and ended on trailing stop

It was against purple, and so I didn't give it much breathing space until it was clear of the aims box
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."
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