Herbert's trades for discussion

[Herbert]

Good swing to setup w1/2 >>> 3 as per pic. Stretched my normal 1.618 FE target to S1 and D1 100 EMA support levels. AIMS momentum loss on next bar.
Nobody posting anymore?? All gone to higher timeframes?

Herbert

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[Topher]

Still here Herbet.

Just haven't seen any setups worth taking. The one you took although valid on your chart was not on mine as the Aimswave was red.
Anyway I'm done for the day as it is a glorious sunny morning here and I am going to work on my house.

Good luck for the rest of the day

Richard

[Herbert]

Trade on cable M30 alerted via email by AIMS alert. THANKS STEVE!!! :-bd
Placed pending short, triggered and managed on 5min. 30min w3 preceding this expected w5, so rather tight management at obvious support levels while forming w3 on 5min.

Still new on 30min vs 5min management etc...... A lot to accustom to and getting organised....... Happy with pips, uuhh. obviously.. )
Also had to revert to different order manager... for multiple ccy pairs... need to find better solution.

Herbert

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[Herbert]

Missed great trade. possible 20pips... ( I was scrambling to place it... too late..
1min w3 inside 5min w5.
Anybody got it??? I think Grant did....

Herbert

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[Topher]

Herbert

Yes I got that trade and got out for +20pips (+2%) as I thought it was retracing only to see it fall further.

Richard

[Herbert]

Great stuff Richard..... (wd) It was nice and clean.. It made all sense to cut unless greed took over.. ) Have you ever considered handing over a 1min trade to higher timeframe etc...?
Herbert

[Bettina]

Hi Herbert,

yes I got it too, but exited a little early, +10.8, but am happy with it !
Bettina

[Herbert]

NICE Bettina!! :ymparty: Now i do not feel so bad for not taking it..... as long as some-one made the market pay....

Herbert

[Herbert]

Organisational question for Richard and Bettina and all others. :-B

How did you pick up on the abovementioned trade or other opportunities? I miss a lot of setups being busy away from charts, (sometime on pc but not on chart).
And other times one just try to watch too many pairs... or get really exhausted from watching ONLY for a setup.

That is why I am now refining my alert utilities.....

1) What do you use to step in at the right opportunity?
2) What order manager do you use? I find luktom very nice, but it interferes with itself on multiple charts......

Thanks for your reply.
Herbert

[Grant]

HI Herbert,

i use the pop up window on the alert only, once it tells me of the dot i then go through the flow chart rules and if its all in line i'll place a PO.

i watch the EU m1 and 9 pairs on the h1 (AU EG EJ EU GU UCAD UCHF UJ and Gold, i would love to watch some m5 pairs but i dont have the concentration or management skills to be in trades whilst trading EU m1.....

cheers

Grant

ps. +14 from that wave 5 earlier.... lovely