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

[immy]

GU and UCAD Shorts

The GU Shorts are working nicely its going on and this could be the bigger winner hopefully already 150 plus. but its daily levels and the brexit lows. its a wave 5 on d1 chart. TZ1 is at 1.2066

This is how long a wave 4 could last after strong 3 on the daily chart. 3 months of wave 4. and now we are in wave 5 but this 5 began at the start of september. only now getting confirmed.

[immy]

the above trade met its Stop Loss albeit a profit taking stop loss. Its great to be stopped out with profit isnt it?

[immy]

Gold, went without us YD, today i thought i'll catch a small something...
look at that small cherry singal YD.. the potential is huge there.

[immy]

The above trade reached its TP and as soon as I got out, manually as it kind of got stuck just before my TP, it shot up... i have the second position breakeven.

[immy]

There Are situations in the market we can take advantage. Trading the hourly charts gives you a huge advantage. You have the time to look at the whole market, and see whats happening that day. You want to trade the pairs that are doing something. They are moving, they are responding to economic events and generally creating great structures. Listen to market with your eyes. In this video I discuss some visual cues that might help you enhance your listening skills...

[bbvideo=1280,720]https://vimeo.com/185684270[/bbvideo]

[immy]

Todays Hunt Seed on GU H1

2016-10-06_16-45-13.png

moreover .


[16:48:51] Immy - AIMS: EU going into very interesting areas...
[16:49:01] Immy - AIMS: we could have another pair, potentially breaking free...
[16:49:09] Immy - AIMS: this is how you LOCALISE a setup from d1 down to H1.
[16:49:13] Immy - AIMS: or h4.
[16:49:57] Immy - AIMS: Option 1. Trade the hourly charts. convert it into a free trade and see what it does around the D1 levels. if it goes past it, you can have a very big winner or run it on the daily charts for even bigger winner
[16:50:28] Immy - AIMS: Option 2. Wait for The D1 charts to breakout this box, and then look for setups on h1 or h4 and keep following your normal box trail, green or red line trails.
[16:50:35] Immy - AIMS: Option 2 would suit most of us.

[immy]

I was looking at the dollar index and it was like the EUR/USD D1 chart. But its now broken above the box. That could start some $ based moves which means ALL the market will start moving.

[immy]

Just a quick look at today's setups on GU

[immy]

Divergence will KILL you in a strong trend... there is value in everything but its application is always conditional

[immy]

Some Good Setups on pairs I don't trade on H1

EUR/AUD a nice setup 1 into the next wave. purple is nicely slightly outside the box, there is a previous move down adn then pullabc to purple. and then REd dot Setup 1. This would have been a good trade for US / Aussies traders.



GBP/AUD



EUR/CAD another one that I don't trade on H1, produced a stunning Setup 1 YD. look at that...



NZD/CAD is anotehr one, and it did the above today...


Tip: the trick is to go through your charts on Sunday night and see which ones are moving. you can then short list those for H4 or h1 which ever is your choice