So many questions repeated about the flow chart must be driving the bosses nuts. Especially as they are appearing all over. I was wondering if we could expand on the boxes in more detail but keeping it simple. Obviously half the boxes are self explanatory eg NO TRADE. Some of the explanations are simplified and easily understood by the AIMSTERS but some us are having trouble deciphering and getting confused. I am gulity of asking questions which I was embarassed to ask and then see the same question arise later on.
For example The first box 'Is there Dot' ? has produced many queries as to the time frame is it 1 or 5 ? Maybe it could be expanded to: dots red, blue, (pink or lime explained) on 1min etc. and so forth with the other boxes
I am trying to do this for myself without driving Immy/Grant round the bend and wondered if anyone else has achieved this and willing to share their version with me with of course the Forum leaders approval.
I do suffer from a disability where I am slower than the norm and for me to be successful here, the Flowchart with expanded explanation is the key. I really would be grateful for any help. Thanks in advance (hug)
I have been trading this method since August now and fully understand the rules. If you like I will set up a skype account and talk you though all the rules.
Brinx wrote:Requesting Clarification on the 3 Rules Flow Chart....
2nd box from bottom on both sides of chart....
Is M5 Aims too Close?
What does that mean?
Ans: If the M5 AIMS Level is within 5 pips range it is too close. If Yes, Place PO above/eblow M5 AIMS keeping in mind that if you do so you once again ask the question is the Exit still close enough. Which is your question below. If No, that would mean M5 level is either the same level or there is no m5 level, in that case place po below/above M1 AIMS Level
3rd box from bottom on both sides of chart....
Is Exit Point Close Enough?
What does that mean?
Ans: Check the distance from the PO and the Red Line and/or opposite AIMS levels, if more than 15pips exit is too far.
Rule 3.... Entry Close to Exit Point?
Does this mean within 15 pips?
Yes - Remember these are marked as Orange boxes meaning Trader's discretion is required!
Thanks
Hey Grant would you like to shed some light!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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.
I have been trading this method since August now and fully understand the rules. If you like I will set up a skype account and talk you though all the rules.
Brinx wrote:Requesting Clarification on the 3 Rules Flow Chart....
2nd box from bottom on both sides of chart....
Is M5 Aims too Close?
What does that mean?
Ans: If the M5 AIMS Level is within 5 pips range it is too close. If Yes, Place PO above/eblow M5 AIMS keeping in mind that if you do so you once again ask the question is the Exit still close enough. Which is your question below. If No, that would mean M5 level is either the same level or there is no m5 level, in that case place po below/above M1 AIMS Level
3rd box from bottom on both sides of chart....
Is Exit Point Close Enough?
What does that mean?
Ans: Check the distance from the PO and the Red Line and/or opposite AIMS levels, if more than 15pips exit is too far.
Rule 3.... Entry Close to Exit Point?
Does this mean within 15 pips?
Yes - Remember these are marked as Orange boxes meaning Trader's discretion is required!
Thanks
Brinx wrote:Requesting Clarification on the 3 Rules Flow Chart....
2nd box from bottom on both sides of chart....
Is M5 Aims too Close?
What does that mean?
Ans: If the M5 AIMS Level is within 5 pips range it is too close. If Yes, Place PO above/eblow M5 AIMS keeping in mind that if you do so you once again ask the question is the Exit still close enough. Which is your question below. If No, that would mean M5 level is either the same level or there is no m5 level, in that case place po below/above M1 AIMS Level
3rd box from bottom on both sides of chart....
Is Exit Point Close Enough?
What does that mean?
Ans: Check the distance from the PO and the Red Line and/or opposite AIMS levels, if more than 15pips exit is too far.
Rule 3.... Entry Close to Exit Point?
Does this mean within 15 pips?
Yes - Remember these are marked as Orange boxes meaning Trader's discretion is required!
Thanks
