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

[Jasmien]

Immy I'm back again, D1 has an OB fruit candle however I wouldn't look at that normally.

[immy]

Could it do a 5 up?

Result: Out at BE. Did not move anywhere
DS1

DS Total: 3/5

[immy]

Could it do a 5 up?

Immy I took the setup 1 on the crude chart though, I can't see a reason why it wouldn't go towards Tz1, so I'm hopeful. H4 has a hunt signal as well. It has had a nice retrace, so I'm in. One more thing, the levels to the left doesn't bother me, it was just a spike most likely news related but didn't check.

yeah, "why wouldn't it go to TZ1" ... only today I looked at H4 and found out it was a Peaking AO. as I discussed in skype had I know that at the time, (which i should have for setup 1 a quick look at h4 is mandatory) I would have passed it. Never mind it hit BE. Yours hit 2R. that was awesome. happy for ya.

[immy]

Could it do a 5 up?

It could do anything, but since this is a nice example of Setup 1 which has been proven to be a profitable edge, if this same setup is taken over and over (with proper entry and management etc), one will end up profitable in the long run. I don't know if this is the answer you're looking for, haha.

Spot on mate. spot on.

[immy]

B2 - T6 USD/CHF
Date: 10 Oct 2017
I was looking at the H1 chart and saw a peak and pullback. A Hunt AO. Thought I can take it into wave 5 on the m15.
Reason being, Price is inside a big box on h1. IF there was a tigheter H1 box level available then I'd have taken that instead of going down to m15
We don't need to drop to m15 if h1 level is available.



The Hunt Pattern on H1

[immy]

[immy]

Plan Adjustments for the Week/s ahead

Entries to be made using the following Setups
Setup 1 type Classic Breakouts. [I'll be taking classic breakouts into Wave 5's possibly some attempts at getting into new 3 following analysis of whether there is a clear 1-2]
Hunt Signals with new indicator settings

This week you'll see my charts with no purple and dots. I'll be using Hunt Signals with Purple Filter Off but gator filter on with green line settings. I will be trying to get into a Wave 5 using Hunt and Setup 1 on H1. I will also be using Hunt signals with confirmation of setup 1 on LTF to get into a possible new 3 on CTF.

Lets Have ourselves a Fantastic Week

It is important to complete Stage 1 and 2 to Get to Stage 3 and Start Trading Hunt Signals.

What makes a Good Hunt Signal? The signal that has a good Setup 1 pattern on the 5or4X Lower Time Frame... so it makes great sense to LEARN Setup 1 in great detail before you can apply the hunt signals. When you finally are ready for hunt signals you have the power of always be able to check whether your Hunt signal is a good equivalent Setup 1 pattern on the LTF as well.

My Template:



Tips on Hunt Signals: Remember you wanna take those hunt signals as early as possible in the Day/Session. That's where you'd benefit from whatever expected volatility that may hit that session/day.

[Jasmien]

Thank you Immy!

[immy]

Trade 6
Batch 2
USD/CHF
H1
Setup: Classic Breakout
H4: Possible Wave C down.

Result: BE DS 1




Update: SL Moved to BE by ATM at 1:1



Update: I won't class this is a new trade.

Re-Entry Attempt and Reasons



m15 Chart

[immy]