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

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immy
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Re: How to Trade The Setup [My Journal]

Unread post by immy »

I'd like to share what I shared in Skype Room. Just for the "sake of it"...

hope you find value in it... (trading has been a transformation journey from the get-go)
[15:06:33] Immy - AIMS: WHY AM NOT UPSET FOR GETTING OUT OF EU?
[15:07:56] Immy - AIMS: I played it according to my plan, my risk was only 7 pips. I got 15 out of it. I made 2R's. 1.5% with a higher chance of getting to the target point. I want to KNOW where is it going. and when it reaches that point. there is no need for me to hang in there a pip more than I need. :) that's how I roll. it works for me. what works for you?
[15:09:41] Immy - AIMS: had I taken the risk of the box. Sl below the box, I would be reaching the 2R position round about now. one can argue, that I could have allowed it run with that small risk and higher lot size, but the very fact that I sue the small risk and consequently the bigger lots is that I KNOW that the most probable, the highest probable, target point is near ... if that area, where I KNOW its going towards is NOT clear to me, I won't be able to take this small risk ENTRY.../Trade.
[15:10:41] Immy - AIMS: one can argue that I could have let m trade from last night run... and it would be 3% now. but... I KNEW it was going to go down, pullback... and I I KNEW... that I won't be able to know how much its going to pullback. So I converted it into a FRee Trade... and left a TIGHT SL.
[15:11:04] Immy - AIMS: now by luck or chance, had it NOT hit the SL... then It would have become a bigger winner, but then... I won't have RE-entered today...
[15:11:14] Immy - AIMS: the point being. I DO NOT LIKE LOSING.
[15:12:06] Immy - AIMS: and I KNOW how NOT to lose. :) [even though it might sound like but it is BY-NO-MEANS..... an attempt to eliminate RENTS.... I am happy to pay rents... but I'm not collecting rents just for the sake of it...]
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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! ๐ŸŒ
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immy
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Re: How to Trade The Setup [My Journal]

Unread post by immy »

Hi

I am not in my office, hell Im not in my home country... I'm travelling... but I can trade... I have 3G I have my vps... that's all i need... and here is what I did on eU... I never openned my laptop for this one...

Image
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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! ๐ŸŒ
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immy
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Joined: 22 Nov 2010, 16:46
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How to be a Scalper with an Edge

Unread post by immy »

How to be a Scalper with an Edge

In this post I will share with you how you can trade High probability Setups that occur on m5. But you don't need to be glued to your screen for that.

Copied from Skype Discussion.

if at a certain stage in trading, when you've done your T20 5 batches and you're edging towards stage 3, and you feel comfortable to do. this example of EJ chart is whiat will make you a great scalper.

Check the formation of H1. drop to m5...
Trading Setup 1 on M5 Using H1 Charts.png
Next M5 Chart
ABBC3_SPOILER_SHOW
more examples below

EUR/USD H1 Chart
Trading Setup 1 on M5 Using H1 Charts 3.png
now the M5 setup 1 / 2
Trading Setup 1 on M5 Using H1 Charts 4.png
You do not have the required permissions to view the files attached to this post.
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! ๐ŸŒ
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immy
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Joined: 22 Nov 2010, 16:46
15

How to move SL to Trigger Candle

Unread post by immy »

How to Move SL to Trigger Candle.png
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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! ๐ŸŒ
User avatar
immy
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Joined: 22 Nov 2010, 16:46
15

Re: How to Trade The Seed and Cherries [My New Journal]

Unread post by immy »

How to Translate the rhythm and patterns of the M1 chart into a H1 chart. They may look the same but there are peculiarities.
The m1 into H1.jpg

other than that, I have included some pictures that I share during our Skyp group chat. Thought it may be of use to post them here.

How to Move SL to Trigger Candle
How to Move SL to Trigger Candle.png

Hunt Signal on Gold
Hunt Signals Gold 1.jpg
Hunt Signals Gold 2.jpg
Hunt Signals Gold 3.jpg
Hunt Signals Gold 4.jpg
Hunt Signals Gold 5.jpg
Hunt Signals Gold 6.jpg
You do not have the required permissions to view the files attached to this post.
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! ๐ŸŒ
User avatar
immy
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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: How to Trade The Seed and Cherries [My New Journal]

Unread post by immy »

Some H1 chart analysis this am
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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! ๐ŸŒ
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acceleratum
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Re: How to Trade The Seed and Cherries [My New Journal]

Unread post by acceleratum »

Nice ones!
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Tomi
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Re: How to Trade The Seed and Cherries [My New Journal]

Unread post by Tomi »

Dax/m1 image on 23-May "how to look for Hunt Signals.jpg": I had a cherry on bottom of that zigzag move. Are you using other indicator or settings?
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acceleratum
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Re: How to Trade The Seed and Cherries [My New Journal]

Unread post by acceleratum »

Broker feeds are quite different specially on m1, so it may just be your broker feed or different settings.
User avatar
immy
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Posts: 9654
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Re: How to Trade The Seed and Cherries [My New Journal]

Unread post by immy »

Tomi wrote:Dax/m1 image on 23-May "how to look for Hunt Signals.jpg": I had a cherry on bottom of that zigzag move. Are you using other indicator or settings?
You do not have the required permissions to view the files attached to this post.
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! ๐ŸŒ
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