Herbert's trades for discussion

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immy
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Re: Herbert's trades for discussion

Unread post by immy »

Herbert

Take it easy, take a deep breath and release.... ahhhhhhhhhhhh
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Herbert
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Re: Herbert's trades for discussion

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immy wrote:Herbert

Take it easy, take a deep breath and release.... ahhhhhhhhhhhh
Thanks Immy! :-bd
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

It's GREAT to see a lot of good successfull trades in the forum. We CAN because AIMS CAN... or is it... AIMS CAN because WE CAN?? :))

I use a few models inside the AIMS framework. This example where AIMS identified for me a C of an ABC.
Fractal building blocks forms an abc before potentially expanding to a w3...

This is handy for me when i sometimes feel unsure about potential profit. Looking at the price activity to the left i was not sure about price inefficiencies, setting a target of 100% FE of previous swing. Or sometimes you want to take the trade but do not have the time to monitor. (AIMS provides the setup, not taking it =potential loss :D )

Turns out to be the extent of w3 with w5 following to reach drawn blue fib line and beyond (which seems to be well respected on left).

Options:
Using a momentum/dot exit would have hit my be+2 SL, this time.
Using a fractal lower trailing SL would have taken me right to w5 extremes.
In this case, using a 100%FE served provided a quick +10.

What i love about AIMS is how it puts one in the centre of tradable options if you choose to do so although using a standard AIMS strategy does NOT need any variation. It is designed for success..

(I like options, it pushes my interest and development)

Just my thoughts. :-B
Herbert
1904c.png
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Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Herbert's trades for discussion

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After highs against resistance off 200sma, testing 200sma, looking for setups short,
1st: -8
2nd: +41

Followed SL at High[+1} at m15ema and blue yHigh, tp at Daily 10ema and Open(white)
Aren't these Fractal boxes awesome???!!!!!

Herbert
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Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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immy
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Re: Herbert's trades for discussion

Unread post by immy »

Herbert wrote:After highs against resistance off 200sma, testing 200sma, looking for setups short,
1st: -8
2nd: +41

Followed SL at High[+1} at m15ema and blue yHigh, tp at Daily 10ema and Open(white)
Aren't these Fractal boxes awesome???!!!!!

Herbert
1904d.png
Herbert You Exit was spot on timed with H1 Lower AIMS level. A beautiful trade indeed. Well done again. You could be favourite trader , If i could just clean your charts, how do I get rid of the spaghetti spread all over your charts... ~x(

:)) \m/
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
msk185
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Re: Herbert's trades for discussion

Unread post by msk185 »

Hi Herbert

great trading, you really seem to have hit a groove ^:)^ (wd) , hopefully I can emulate you and Richard and some of the others on here who are seeing great returns.

well done

Mike

ps I too find your charts busy but hey it works for you!
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Herbert
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Re: Herbert's trades for discussion

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immy wrote: If i could just clean your charts, how do I get rid of the spaghetti spread all over your charts... ~x(

:)) \m/
Hey Immy. Thanks.
The last thing i want would to be a favourite.. :)
I am working on getting charts cleaner although some of those spaghetti's are my personal favs, in the final sum.

I am sure there are some lurking traders with virgin charts here that take the same opportunities but choose not to post. Let's dig them up. :D \m/
Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Herbert's trades for discussion

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msk185 wrote:Hi Herbert

great trading, you really seem to have hit a groove ^:)^ (wd) , hopefully I can emulate you and Richard and some of the others on here who are seeing great returns.

well done

Mike

ps I too find your charts busy but hey it works for you!
Thanks Mike. Give the Princess a try in your observations. I have improved since doing that. Whether this is a temporary performance, only time will tell.
Also most important thing i changed was to take more opportunities (setups of course), since i grew tired to see great setups passed because i was too cautious. By doing that, missing these setups i look at afterwards, raised my mind anxiety levels which in turn defeats itself.

If you feel that is too much, reduce lots to absolute minmum possible and just take the damn setups =p~ , it will liberate your view of AIMS.

Regards
Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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immy
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Re: Herbert's trades for discussion

Unread post by immy »

Herbert wrote:
msk185 wrote:Hi Herbert

great trading, you really seem to have hit a groove ^:)^ (wd) , hopefully I can emulate you and Richard and some of the others on here who are seeing great returns.

well done

Mike

ps I too find your charts busy but hey it works for you!
Thanks Mike. Give the Princess a try in your observations. I have improved since doing that. Whether this is a temporary performance, only time will tell.
Also most important thing i changed was to take more opportunities (setups of course), since i grew tired to see great setups passed because i was too cautious. By doing that, missing these setups i look at afterwards, raised my mind anxiety levels which in turn defeats itself.

If you feel that is too much, reduce lots to absolute minmum possible and just take the damn setups =p~ , it will liberate your view of AIMS.

Regards
Herbert
This now is the Best Post of this Forum. Official Decree! :-bd
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
msk185
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Re: Herbert's trades for discussion

Unread post by msk185 »

Hi Herbert

Who or what is the "Princess"?

thanks

Mike
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