PaulF's Journal

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
Post Reply
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: BobbyF's Journal

Unread post by immy »

BobbyF wrote: I don't believe a word of this Elliott Wave nonsense (sorry!), but the divergence makes sense.
BobbyF
The Market has a Structure like Everything Else in the Universe. Each and Everything in the Universe has a Structure that Structure is Elliott Wave.
Elliott Wave has a Structure that is AIMS Levels (Fractals) Fractals is the structure of the Universe. Each and Everything in the Universe has a Fractal Number. What the Newtonian Physics considered as Noise (97% of the Universe) is measured using this new Dimension "Fractal Geometry". The Science of Chaos and Fractal Geometry go hand in hand and so does Quantum Physics. It is Not Non-Sense, certainly not for me. I first chose to ignore this post and move on, but as a trader it is my duty to defend my "perspective" my "believe system". So this is my opinion and just my opinion and of course you have the right to have your opinion and may differ. I thought I'll just re-enforce what I believe in. If there was no Elliott Wave I would have quit trading 3 years ago. (hug)

Most Kind Regards

Immy

ps: I see Elliott Wave on my Equity Curve! I see Elliott Wave on each and Every Chart I have seen so far. :-j
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! 🍌
Top
User avatar
PaulF
Posts: 276
Joined: 18 Nov 2011, 09:15
13

Re: BobbyF's Journal

Unread post by PaulF »

Immy,

If it's good enough for you, I need to look into it further. I'll work through your ebook. :)

Does anyone have an opinion on my question above?

BobbyF
Top
msk185
Free Member
Free Member
Posts: 390
Joined: 22 Dec 2011, 11:22
13

Re: BobbyF's Journal

Unread post by msk185 »

Hi Bobby

I'm using Steve's "levels" indicator on my 1 min chart, this shows only confirmed levels, which I think are the ones you should use.

Also reading Immy's post last night about the new version, I believe the boxes will only "paint" once the level is confirmed.

Hope this helps

Mike
Top
User avatar
Grant
Posts: 943
Joined: 14 Aug 2011, 14:52
14

Re: BobbyF's Journal

Unread post by Grant »

HI Bobby,

Its actually a very good question...

Its also one that i came across this week, with an order triggering in the last minute of an m5 candle that moved the aims level. I closed the trade as soon as it did but i will now be watching where we are time wise in the 5 minute aims sequence. So if we are in the last minute and m5 is going to move then i will base my PO off of the m5 level that is potentially gonna happen....

Sometimes its going to save me other times it will probably make me look silly, but there are plenty of better looking entries for me...

hope this helps

Grant
success = patience + discipline - greed
Top
User avatar
PaulF
Posts: 276
Joined: 18 Nov 2011, 09:15
13

Re: BobbyF's Journal

Unread post by PaulF »

Hi everyone,

No trades yesterday as I was away for most of the day. I was here for a nice leap upwards in the morning but was on the phone for 30 seconds and missed it :-l

Thursday 19th January

First trade, - 6.0:
aims-eurusdsb-20120119-01.gif
You do not have the required permissions to view the files attached to this post.
Top
User avatar
PaulF
Posts: 276
Joined: 18 Nov 2011, 09:15
13

Re: BobbyF's Journal

Unread post by PaulF »

Trade 2, +20.1. I took profits when we failed to blast through the BRN.
aims-eurusdsb-20120119-02.gif
You do not have the required permissions to view the files attached to this post.
Top
msk185
Free Member
Free Member
Posts: 390
Joined: 22 Dec 2011, 11:22
13

Re: BobbyF's Journal

Unread post by msk185 »

Great trade Bobby, I like your exit discipline, not just on this trade but across your journal very impressive

Mike
Top
moty
Free Member
Free Member
Posts: 251
Joined: 04 Dec 2011, 20:29
13

Re: BobbyF's Journal

Unread post by moty »

What is the BRN?
Patience and Discipline is the key.
Top
User avatar
Grant
Posts: 943
Joined: 14 Aug 2011, 14:52
14

Re: BobbyF's Journal

Unread post by Grant »

(wd) (wd)
success = patience + discipline - greed
Top
User avatar
PaulF
Posts: 276
Joined: 18 Nov 2011, 09:15
13

Re: BobbyF's Journal

Unread post by PaulF »

msk185 wrote:Great trade Bobby, I like your exit discipline, not just on this trade but across your journal very impressive

Mike
Mmmm... I think that this approach will probably cost me some big moves, but I hate it when we rebound off a BRN and end up at break even, you feel you've missed something obvious....
Top
Post Reply

Return to “Journals”