vickyp wrote: 05 Sep 2018, 09:43
04/09/18
Batch 4
Trade 12
NAS100 H4 Long
DS1
Cherry. This one didn't work from the start. Half R entry.
End result was -0.5R
R result to date for this batch: +7R
DS score for batch: 8/12
Overall total R score: (all batches) +24R
I looked at this trade earlier and decided not ot comment but seeing it again I cannot resist but comment. I don't want to inundate people with "what I think" but there is something here that I see happen with everyone who starts trading the Hunt Signals.
The idea is that by trading that many batches of Setup 1, you'll get an idea that markets moves in waves 1-5 roughly. (which means when the market trends then only inside that trend time it seems to roughly move in sequence of 1-5 waves)...
Having that knowledge behind you when you see a hunt signal you can visually analyse the chart whether a wave is
1. right at the start of it, (close to Fresh cross of AO and break of AIMS box)
2. Midway of an impulse wave, that is AO has now clearly shown a green or red peak, its not too big, price has broken out of the box and gator is open, but there has been only one "time" that AO has shown dark stripes. Alot of times, when its the first time AO changes to dark tone it will be a Monarch Signal.
3. Its the 2nd or 3rd time it turned dark tone... by this time it is usually pretty late in that wave. not saying that waves won't continue after that, because its not really an objective and absolute reality.
one way to do the above is to break that wave in question by dropping to a time frame below.
HEre it comes
A Cherry on CTF is a Setup Pattern on the 5XLTF
note: The Setup pattern is the pattern on AO and Gator and box where you spot a 3 and 4 and look for Setup 1/2 signals...
cherry-vicky1.png
Yes we can. So when you take a Hunt Signal what you're essentially doing is that you're betting on the Wave 5 inside the Wave you're trading.
e..g there is a Hunt signal on your current time frame and eWave says its wave 3. That means that if you broke that Wave 3 down into further bars/candles by dropping a time frame you should be able to see some form of 3-4, i.e. The Setup Pattern happening on the lower time frame. In other words, trading the Hunt on H1 Means you're trading the Setup Signals on H1 but without the screen time requirements of H1 time frame. I guess I could have avoided all of the above and wrote this final sentence but then it won't be this much fun.
hope this helps...
You do not have the required permissions to view the files attached to this post.
and we also found a second mistake where Bar was set to "Current" and not Last. I wonder if something happened when you updated ATM and didn't check the settings as they were correct last I checked. Anyways all is fixed now! Coffee is on you Vicky lol
