Grants flow chart and system

[Orliff]

Where can I find the flow chart download? I would like to print it out.

[Grant]

Orliff,

page 1 of my journal...

http://www.itradeaims.net/forum/viewtopic.php?f=3&t=209

cheers
Grant

[karlwild]

Hi Grant,
could not find your flow chart, but could find Immy's. I do have two questions which I have described in the picture. It would be great if you or someone else could help.

[Grant]

Hi Karl.

To answer your questions....

Is exit close... assuming we are looking to go long in this answer then it is asking if the last aims low is within a manageable distance. Using that flow chart I would have an initial stop loss of 13 so the aims low would have to be within 13 pips. If it's not then chances are price has already moved too far so the set up is not high probability...

Is m5 too close. For this I want the first stop loss move to be achieved before the m5 level is hit... so using my trade management plan the first move is at +4 thus the m5 level has to be further than this...

Hope this helps.

Grant

Ps. I am away on my hols from tomorrow so if you have any follow up questions hopefully immy can answer...

[karlwild]

Sorry Grant,
I don't get it. Maybe a picture drawing lines would make it clear. Enjoy your holidays. Don't forget I'm relatively new, so no offense meant to your explanation.

Karl

[arjanbg]

Sorry Grant,
I don't get it. Maybe a picture drawing lines would make it clear. Enjoy your holidays. Don't forget I'm relatively new, so no offense meant to your explanation.

Karl

Is the Exit point Close enough?

Means that the AIMS box within a signal dot maynot be more than 15 pips on a M1/M5 chart. Because of the Risk reward and chances are against you. If it is higher do not take the trade. On higher timeframes this can be more For example H1 50 pips maximum.

Is M5 AIMS to close?

Means when you look at a m1 chart an the closest AIMS level is 2-3 pips at the same moment at a M5 chart. Go for the breakout on M5 instead of M1. If the distance of M1 and M5 at the same moment is more than 3 pips go for the breakout trade on M1