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

[immy]

and one more thing, did twe not know, all of us that UJ is having a STRONG up trend? and that it may be going into wave 4 and so we should be getting ready for wave 5 up? it was so damn obvious to the whole world? how and why do we miss seeing these simple patterns? may be we don't trust ourselves... may be we have deep psychological barriers? may be our inner self does not allow us to break the success ceilings? do you deserve success? do you really believe deep down that you do?

Probably all of the above,or maybe I just have s--- for brains. Makes you feel really good when you can't even spot a trade that was " so damn obvious to the whole world ", no offence just despair,dismay,admiration and frustration. #-o

Marcus

I would comment on your comment, but I don't know where you're at so I don't know what to say. You never bothered joining our Skype group for which we should have charged at least £100/hr (I would have paid trust me I would have if someone was willing to talk to me 8 hrs straight (sometimes more) for 4-6 weeks. but you never bothered, may be for valid reasons, but we never saw you, you never bother coming to chatzy another chatroom for which we should be charging at leats £100 a week if not a day. What i'm trying to say is that all the help is there but the responsibility of your results is on you. You must take action.

[Dave]

and one more thing, did twe not know, all of us that UJ is having a STRONG up trend? and that it may be going into wave 4 and so we should be getting ready for wave 5 up? it was so damn obvious to the whole world? how and why do we miss seeing these simple patterns? may be we don't trust ourselves... may be we have deep psychological barriers? may be our inner self does not allow us to break the success ceilings? do you deserve success? do you really believe deep down that you do?

Probably all of the above,or maybe I just have s--- for brains. Makes you feel really good when you can't even spot a trade that was " so damn obvious to the whole world ", no offence just despair,dismay,admiration and frustration. #-o

Marcus

I would comment on your comment, but I don't know where you're at so I don't know what to say. You never bothered joining our Skype group for which we should have charged at least £100/hr (I would have paid trust me I would have if someone was willing to talk to me 8 hrs straight (sometimes more) for 4-6 weeks. but you never bothered, may be for valid reasons, but we never saw you, you never bother coming to chatzy another chatroom for which we should be charging at leats £100 a week if not a day. What i'm trying to say is that all the help is there but the responsibility of your results is on you. You must take action.

And start a journal man!!! Show us your trades. Comment on exactly what you see on your charts rather than just expressing your despair. I've said it many times, but you won't find a more supportive guru than Immy!!! And the rest of us will chip in too....

[immy]

Hi

I want to let you know that since I use Fruit as my main trading strategy, I will be updating my trades in the Fruit Section unless I have taken S1 or S2 using V5.1 template. cheers

[immy]

A lovely trade this am, was a bit hard to catch. Wish I had caught hte fruit and then the 2 add ons.

[Dave]

Great add on - that's effectively an M1 / S12 pullback and continuation. Same pattern as M5 / M1. Nice man!

[Nikita]

Immy,
Sorry for interrupting your fruit thread, can you comment on:

Here is EU D1. Strong downtrend. BUt it is old and price had chance to return to purple.

d1.png

On H4 we see nice H4 UP trend.

eu_h4.png

As i trade H1, decided to wait for nice S1 in tune with H4. This is how it ended

eu.png

Same story on Swissy. A week before same happened with UCAD and Silver.

Here is the question:
If we see the trend on H4 - does it necessary to check the direction of D1?
I mean if i want to trade H1, do i wait for situation when H4 has the same direction as D1?

Thank you in advance.

[immy]

Great add on - that's effectively an M1 / S12 pullback and continuation. Same pattern as M5 / M1. Nice man!

Spot on Dave, glad you noticed what I saw there and did. The pattern I traded on m1 is exactly the S1 patten we Seek only difference is we see pattern like so on m5 and we trade S1 on m1. So why not use a doji or a fruit candle at the end of the pullback and get in. risk is low.

Nikita

It is not necessary to wait for Daily trend to turn. But it is a choice that you may want to make. its up to you. If you say that you will trade h1 only in the direction of D1 then you have decide parameters that will define trend on D1, e.g. eWave Above or below zl, or gator's direction or eWave count (the later being superior). or you may want to trade only in the direction of H4 in which case trading the Simple S1 setup as per flow chart rules will ENSURE you are trading in the direction of the current time frame trend and 5x (4x in this case) time frame trend. So its a choice. Once you make the choice you have to stick to it long enough only then you'll find its true power. Now, for me, trading Fruit, i don't give a damn what any other time frame does while trading Dax on m1. I may occassionally looks at M5 and eWave count but that's background information. What matters is, Where is Fruit, is it the right fruit to take and is there any other supporting information for this trade idea such as eWave count, Levels to the left, News time, Open time, or anything that might just boost my confidence. If there is nothing I simply go with the momentum and the pure Fruit indication. Simple Works. Remember ADD-ONS is the KEY.

[Nikita]

Thank you for your answer.
There was a hesitation about edge. I hope that after 100 trades in tune with H4 I will be in positive area..)

[immy]

Have you tried FRUIT with Add-Ons?

[Nikita]

No, i havent.
I dont have opportunity to trade m1/m5. And all of my H1 fruit tries never ends with profit.
I think that Fruit is not for me yet. I Still have no feeling of market wich is necessary to trade fruit, cause you re catching the tops and the bottoms.

Master the Setup - my first goal. When i could reach at least 6 months of consistent profit - i could try something new.