Adam's Apple - Get into Wave 5 EARLY

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immy
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Re: Adam's Apple (Conservative Trend Following Fruit - V2.4)

Unread post by immy »

azadar wrote:I must admit the fruit signal is far from purple line. AA fruits usually are near purple. Based on that, I can see why you might not want to take it.

Thank you for your 2nd reply. I am sure you understand the point I was trying to make here is that Adam's Apple is our attempt to catch wave 5, and that wave 5 must happen after wave 4 and wave 4 happens when price goes away from gator, creating a peak on eWave and when after that price goes through gator, and eWave crosses to the other side, price often comes towards purple and usually that's where it starts to up again. We catch our Fruit entries there!

IN this chart if you look at eWave, its showing a completed wave. Now as you said, in strong trends it would keep going making new wave 5's and 5's keep turning into 3's but to increase our odds and if we are playing with the wave function we'd give more importance to when we "see" structure".

hope this helps.. off to cricket ground now!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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immy
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How to Trade An Adam's Apple (AA)

Unread post by immy »

Here is how you take an Adam's apple. Today 29th of July 2015

Its Chaos. We traded this live in the skype room. One person's trade was not triggered as they cancelled their PO another was tagged out and mine survived by a fraction of a point.
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
immy
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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Adam's Apple - Get into Wave 5 EARLY

Unread post by immy »

Such a lovely trade using the Fruit

Image

Image

And a lovely Fruit on D1 Kiwi

Image
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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