D1 Analysis for Trading Fruit H1

[immy]

Look at this UJ Weekly Chart. it looks like a big strong 3 down but nearing its end.

2016-08-17_21-06-37.png

The Daily Chart says, it might be not going past this TZ1, or may be it will... all in all it was an iffy apple short for me.

The second chart in this post from earlier suggested something interesting. I thought price was NOT going past this TZ1. a few weeks later, see that it did exactly that and bounced off that level. See where it is now.

Its nice to "predict" (probabilistic vision into the future) but what matters is what you DO about it. So when you form an opinion like this, you then have the next important step to take. What I would do is , based on this analysis, I kept looking for longs on UJ and did find some but mostly I was not trading during this august else I'd have taken a few trades.

ABBC3_SPOILER_SHOW

Its simple basic analysis that we can do at quite times, when we are NOT trading and only analyzing in the "comfort" of our homes/offices. Not pressed by the need to check the charts for scalping or m1 entries. with nice relaxing music on, a purring cat or a snoozing dog or a sexy spouse sitting besides us. Do this analysis of trend on any template you use. A naked chart would do as well. (but then you'll need some knowledge of TL's, SR and some simple patterns such as scooby, box trend, or if no box then flags and pennants

[immy]

@kyle

Waiting for your NEXT update mate

[immy]

@kyle

Waiting for your NEXT update mate

Waiting for your NEXT update Mate (

[immy]

Analysis of Charts for The Week Ahead
[bbvideo=1280,720]https://vimeo.com/185237631[/bbvideo]

[Kyle]

@kyle

Waiting for your NEXT update mate

Waiting for your NEXT update Mate (

Sorry Immy,
I stopped doing the analysis as it didn't seem to affect what was being traded in the Skype room as far as trading in line with the weekly trend, so just seemed like wasting my time with it. There was so much other stuff going on, that it seemed irrelevant.

Maybe it's just me, but I have been searching for consistency, both in the method I apply and the results gained from trading it correctly, and in doing so, I now seem a few generations of trading method behind.

[immy]

@kyle

Waiting for your NEXT update mate

Waiting for your NEXT update Mate (

Sorry Immy,
I stopped doing the analysis as it didn't seem to affect what was being traded in the Skype room as far as trading in line with the weekly trend, so just seemed like wasting my time with it. There was so much other stuff going on, that it seemed irrelevant.

Maybe it's just me, but I have been searching for consistency, both in the method I apply and the results gained from trading it correctly, and in doing so, I now seem a few generations of trading method behind.

Pitty you think that way. Had you only continued with your analysis (consistency) you'd have appreciated the power of it. nevermind keep doing what your're doing.

I for one, won't put all my capital on the NEWS TRADING strategy alone. That is a method that can STOP working any time. Why? because those events don't behave the same all the time. Not that it will happen tomorrow or the following but I personally believe that I won't let myself lose my "trading" skill to that alone. hope i'm not creating more confusions.

just thought I'll point that out.

i don't think there are multiple method going on. Its good to have a broader scope. I don't treat everyone the same. hence i have learned through years of working with others that everyone needs slightly different method. Therefore I've created lego pieces, if you like, for people to put together and make their "own" structures.

If people in skype, connect with me, and follow the path I help them lay for them, they tend to do well. Jasmien pedro pp and sam are the examples.

just prolonging the rant mate... sorry if I touched incorrectly

all the best

[immy]

So GU did continue down, in fact almost all the daily bars have been going down. The question now is, is it a B down with clear abc down and needs a C up, or is it the Start of Wave 5 down?

Time will tell. But We should be looking for more shorts on Monday, on h1.

2016-08-12 GU D1.png

We tried this week to find some shorts, but we only found one YD, and that was 2 R for me, and BE for some. Sam could have taken more than 3 R's don't know what he did. so what did you do Sam?

if you look at the start of this thread, you'll notice that i've been monitoring the pound dollar chart from the longer term perspective. And guess where it went.. .well we all know that don't we? but I thought I'll just update the pictures to show how accurate this method is.... but you knew that didn't you.

i guess looking at the picture below... WE ARE COMPLETE come to mind...

[immy]

I think I will be doing my analysis in video form as its very time efficient for me to record. I can analyse it in a flow. So here is analysis of UJ from monthly down to h1.

[bbvideo=1280,720]https://vimeo.com/187361759[/bbvideo]