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

[immy]

Some lesssons from today...

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[Nikita]

I need to do some backtesting of fruit..
All my attempts in the pastcost me a lot..

So, about trading within a flat - what could you recommend to filter trades? While trending market - it was 120SMAm but in flat price will be usig it as a jump rope.
I just cant figure out how to stay in line with market within such periouds.

[immy]

Choppy Periods are dangerous on ALL time frames. the ability to recognise it and trade correctly during choppy periods may be the defining character of a good trader. Having said that with our rules of trading Fruit or trading only when higher time frames are trending you can eliminate such periods. So if you think Daily trend on Eur/Usd has come to an end and now you cannot take trades you may be right. but it wont take long before it turns somewhere again and you'll be on your merry way. plus you can look for other pairs if they are still moving. good traders learn to wait...

[immy]

Moreover, Nikita, when its obvious that longer time frame is going into Wave 4, it might creates choppy up and down moves, that would become IDEAL for H1 Fruits. Exciting times are ahead of us. e..g today's action on currencies, only FRUIT Traders took advantage of it.

[Dave]

Just saw tonight's DAX chart..... can't wait to see someone's 100 pipper!!!

[immy]

Just saw tonight's DAX chart..... can't wait to see someone's 100 pipper!!!

Ok ok +55 + 47 + 25 = 127


Have a great weekend everyone... A Huge thank you and congratulation to Both MOTY and SAM on their respective great awesome achievements... both of them are better than the other... ^:)^ ^:)^ ^:)^

and yes, REMEMBER only morning session on monday.. due to US holiday

[Tradermurat]

It is a classic s1 entry? Immy?

[immy]

It is a classic s1 entry? Immy?

The start is Fruit add on is S1 and S2. Great combination. Often wave 5 will begin with Adam's Apple Fruit, then s1 and s2. often it will also happen that you have fruit and there is a big box you don't get S1 but you wont miss wave 5.

cheers...

[immy]

Hi

I just wanted to say I'm on Holiday this week. There will be no trading for me for a week but next week I begin with a modified strategy.

Entry and Trade Management: Fruit and S1/S2 with at least 1 upto 4 add ons.
Template: The Fruit/Seed Template. (No seed entries)
Markets to Trade
Dax: Main Time Frame M5. Entry Mechanism Fruit + S1/S2 using Fruit Template.


This am, I had a trade on Dax M5 its still running Entries from: 1. 8719 2. 8733 3. 8753.

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See you next week.

ps: I've deleted H1's. I think the fruit on m5 should be enough. We will see later...

[Tradermurat]

[quote="immy"]Hi

I just wanted to say I'm on Holiday this week. There will be no trading for me for a week but next week I begin with a modified strategy.

Entry and Trade Management: Fruit and S1/S2 with at least 1 upto 4 add ons.
Template: The Fruit/Seed Template. (No seed entries)
Markets to Trade
Dax: Main Time Frame M5. Entry Mechanism Fruit + S1/S2 using Fruit Template.


This am, I had a trade on Dax M5 its still running Entries from: 1. 8719 2. 8733 3. 8753.

See you next week.



ps: I've deleted H1's. I think the fruit on m5 should be enough. We will see later...[/quote



I think with fruit and s1 and s2 it is more safer more accurrate what u think?