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

[immy]

[immy]

AUD/USD

Last night



lets see inside the pullback down (wave 4) we can see abc



now lets examine the inside of C on m5
it shows a possible 1-5 which may be just short of hitting tz1 down




Updated NEXT Morning (now)

11.30 am UK



so as predicted/expected it hit TZ1 during asian session after open

Update on AUD/USD The m15 chart now shows a new TZ1 down

Once again updating this post. I have included previous posts above but do look at previous posts as well.

So below I finally am closer to making my point.
No matter you know this advanced or complex count or not. if you focus on setup 1, you'll be arriving at the same decision with minimal work.



M15



I could then monitor the 1 up and 2 down. and let it run into 3 of 5 up on h1.

[immy]

[immy]

here is hte M15 chart... this is important

Update to the Gold trade taken earlier ..



Words on the pic

below is how it looked on m15 again. the TZ1 level is from m15



if I added on to it.. it would be over 10R profit. now 10R could be 10% 5% 20 or even up to 30%... (it all depends on what is your risk per trade) (need I say that its ok between 1% to 3% max per trade/campaign)

[immy]

I don't now if it will work... but the predominant trend is down and it shows there is some potential for shorts... who knows how deep is the pit aye ...

but its a setup 1 which had slightly big box earlier but it was ok according to the strength of the move. Later it created a new box high making it a perfect sized box of 35 pips. I will sleep now.. let ATM do its thing



changed it to this now

[immy]

i actually spotted the above setup while checking h4 charts

[immy]

NZD/USD (kiwi) showed interesting patterns ... if you know this , you can plan ahead

[immy]

GU B Trap Apple and News Spike up

Well done Ramy on catching that news. i don't trade these news.

[immy]

Jozef asks

[Jasmien]

I understand in regards to Gold, yesterday was the day to trade it on H1. I will wait for a reset now.

Thanks Immy.