Herbert's trades for discussion

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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Great Kyle!! I am myself a past VSA student. Take a look-back, you will see where there were good trend moves without a setup 1 condition. That's where you start noticing setup 2's, not a perfect sleeping alligator condition as in setup 1, just a nice tight AIMs box while momentum is strong and alligator supporting it.

You are now in the best trading strategy possible, that's the best chance any trader can have, it will come. ;)

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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Bettina
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Re: Herbert's trades for discussion

Unread post by Bettina »

Herbert, sorry again me :
Which ADR do you use. It isn't 10 as in Steve's Forex Widget, is it ?
Bettina
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Well, i would not have a clue how to get a decent sound out of a flute :))
I use 5 ADR Bettina, but in standard dev channels. You will also see some blue one's besides the blue fib levels.

The short purple line on last candle is my 5day ADR level, which i find differ from indi to indi based on day start/stop calculation, always confusing me.
Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
Topher
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Re: Herbert's trades for discussion

Unread post by Topher »

Herbert

Superb well done. Setup 2 trades are something I need to nail, I often watch them go past then realise what I missed.

Have a great weekend.

Richard
The forex market will pay you well for discipline.
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Richard!! They are almost everywhere.
I have been busy, so here is my opportunity to congratulate you on your results. You are a real inspiration for many, especially me... ;)

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

Unread post by Herbert »

Have not posted charts for a while, so here goes. Showing 2 eurusd trades taken in same area.

1. Fail -5pips
2. TP + 23pips (held to S/R)

Entries slighty off standard, motivated on 15min w4 and 5min AO levels and some S/R levels

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
evilmeatball
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Re: Herbert's trades for discussion

Unread post by evilmeatball »

nice trades Herbet. Can i ask where you had your stop loss on the long trade?
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Hey Alexander. Great work on your thread too. Sorry for being too absent... :)
I show same chart, the 3 SL levels progressed in the long.

SL1 at open below AIMS box
SL2 with AO momentum falling but good support, i placed SL in profit below the blue channel upper and previous highs to left, expecting a test. (sub wave iv)
SL3 i followed again with AIMS box, that is where it was when TP hit.

Regards
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
evilmeatball
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Re: Herbert's trades for discussion

Unread post by evilmeatball »

i see, that is similar of how i would do it. nice one :)
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Setup 1 on a platter. Tx Steve :-B

TP was set for weekly high (dark orange), blue std dev channel and 100% fib level confluence.
Sl2 taken to BE+ at blue channel top and weekly PV - risk.. bounce missed SL2 by few pips, but risk-free. Small update to SL 3 aims box before tp hit.
+24
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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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