Carmine's Journal

[mikefx]

Good trade this morning with 35 pips in profit, only slightly confused about the exact point of entry. ?

Opinions?

I was also watching that one, hope Immy can make it clear to us if that was a valid trade. I did watch the blue dot before that trade though and paper traded it..

[immy]

Good trade this morning with 35 pips in profit, only slightly confused about the exact point of entry. ?

Opinions?

Firstly congratulations for starting your journal. I can safely tell you, with confidence, that what I have learned so far is the result of keeping an online public journal (first as part of a trading community) later an open journal www.iTradeAIMS.com. It helps with my visualisation. Each time i read my journal I see my good trades and I learn from them. Well not much learning for me now but just keeping it going. consistency is not a brick. its a flow. its nota medal, its an ongoing level. If you dont focus you will lose it. So its an ongoing thing and Journal helps with that. For beginners Journal is absolute must. Just like you have now posted this picture it is alot easy for me or anyone else to comment.

You had two options. As you know, We Foucs on AIMS AO Cross of Zero Line and Time break of AIMs. You had two options Either take the inner most fractal/aims level or outer most. You too outer. You have lovely 35pips. Well Done. Now just repeat this process. Now its time to perfect this. No two trades will ever be the same. So think creative not repetitive, think moving ahead not backward.

[immy]

Hello to everyone,

I'm starting to understand very well ( after 2 full days of crazy analysis) the cyclical and fractal nature of the market, I believe that this system has excellent potential as well as on a graph in the very short term (I hate being in the market for hours and hours with the news coming) might be a graph M1 perfect compromise.

Many traders say that M1 and M5 tf are too noisy to be successful, I also saw a full time trader in forexfactory that using a system on a offline graph of M2 (not Renko) because he said that M1 might actually be too noisy. What do you think about Imran?
I wanted to ask to Imran how long this system uses to live, who gets Winratio%% and use of risk on every trade.
I wanted to ask also:
- Do you like to trade on M1 only, or even on tf tf M5?
- Do you like to use AIMSigator or change tf to confirm signal?
- Could (this system) become obsolete since the market is dynamic and changes over time?

Thanks Immy for this good opportunity!! :ympeace:

Many traders say that M1 and M5 tf are too noisy to be successful, I also saw a full time trader in forexfactory that using a system on a offline graph of M2 (not Renko) because he said that M1 might actually be too noisy. What do you think about Imran?
Immy: Although I dont think there is such thing like noise, but here is the answer. Inside AIMS Noise outside is Trend. what others call noise we call opportunity. We have a mechanism that gets you more pips then its daily range.

I wanted to ask to Imran how long this system uses to live, who gets Winratio%% and use of risk on every trade.
Immy: I've been Trading AIMS from April 2010. I had many more indicators until April 2010. Then I stripped down my charts to only 3. After taht I became more profitable. I quit my job since Sep 2009. Never went back. Forget jobs and working for others. : if you toss a coin what is the probability of success?
I wanted to ask also:
- Do you like to trade on M1 only, or even on tf tf M5?
Immy: if i had a few more hands and an extra pair of eyes, I would trade it on any thing, any time frame, any market. But hey I dont need that. i can make far more on m1 alone. Having said that its all up to you.
- Do you like to use AIMSigator or change tf to confirm signal?
Immy: I dont change tiem frame. AIMSigator is Stress Free solution to Multi Time Frame Trading. No need changing time frame.
- Could (this system) become obsolete since the market is dynamic and changes over time?
its obselete already. its been around since the beginning of time. It follows the law of the Science of Chaos. Chaos is as old as the universe. Nothing becomes obsolete. It gets newer every moment. Do you think you are getting old? I am not. I grow younger everyday. (we get a new body every 4months, which is an ongoing process, which means I'm new every minute : )

[John Wimberley]

If it's after divergence then the AO will be stale, so I would say no for now.