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

[immy]

A few minutes later another lovely 5 pip SL Seed . hit 20 pips a good 4R profit



Check that there is a red dot trade available after the seed. i had shut my MT4

You can see divergence on AO before that . but i would still have taken it, because that divergence was telling me price might go up and it dit, and since it did create a PC pattern near green line, it was read for another drop. Hope it makes sense to you too.

[immy]

The first T20 batch finished with a rent trade after the lovely two short trades

Seed Trade .. very small seed thought it would be easy to hit ... but it did not.. NEXT






Above chart shows PO of
B2- T1

Batch 2 Trade 1 - also ended in DS1 but -1R

After that PO was not hit , i readjusted levels



Result Rent was paid

B2 - T2

Setup 1 Po later deleted and then S0 taken

S1 PO



S0 PO



Entry got in and soon it was enjoying great profits





End Result a lovely trade ended



Next .. i filtered this Seed

[immy]

Wow what a way to finish it ...

While i was getting ready for the School Run I saw this setup ... it worked veyr nice



and when I came back I saw a perfect Apple and Setup 1 .. Both could have been taken solely or together making double profits



M1 has HUGE potential and its open to all those who have achieved Stage 3 BADGE ...

[immy]

[Tomi]

Nice trading Immy! TZ1 is an excellent target and filter for end of waves

[immy]

Nice trading Immy! TZ1 is an excellent target and filter for end of waves

Thank you Tomi... Hope you caught some too.

And here is a picture of a beautiful Setup 1 that happened on S&P500 Hourly chart


if one traded longs only on S&P500 the last 8 years , they'd have turned a small account into a fortune ...

[immy]

One of the biggest problems traders bring to trading is such preconceived notions and ideas about certain days of the week and months of the year. Mondays are this, fridays are that, August is this and december is that ...

Today DAX broke out at London Open, which we call the LOBOT ...

Moved a 100 points without hitting a candle trail on m1. WE had an entry timed with Box Break of M5 and one add on. A juicy 100 + 80 points... this ends the month of December trading on Dax. But hey we won't stop until the 15th of december.



So looking at this picture above you might have thought "oh I missed it". Worry not for there was a hunt signal after the 100 points more. YES

[immy]

WE don't Always look for Trades on M1.

We are interested in Waves like THESE on the M5 chart ...


check where its marked Start of wave, and end of wave. You have to time your entries on m1 within the start and end.
Once it ended stop looking for trades on m1. Simple

And we want to take The Setup 1, Hunt Seed and Hunt Cherry, and The Hunt Dot (for those who know it) on the m1 chart only when the M5 chart is actually doing a Wave like that above .

Does it make sense? if not, you have to come join Skype Room and we'll have a CHAT

[immy]

ABBC3_SPOILER_SHOW

[immy]

Tiny Seed
Went to 2R but wanted more.

BE Result.
DS = 1