Immy's Corner [The Setup The Hunt - T20's and more]

[immy]

I started this campaign with only .25%. I was not sure, AO had peaked but then it was around ZL, Alligator was asleep. Purple just above, perfectly. entered with hesitation but it triggered with style. got back up and starting coming down. Took setup 2 with a 2% add on. it continued well. I knew something was brewing. Let it run. survived the night entered another one for .75% (should have been 1% but mistake) later added one more at .5%. The last one was a bit late and i really was thinking of exiting. But realising that AO had created a new peak, I decided to let it run. Here comes NFP, i was securely in profit so I thought I'll close at red line close that never happened. let it run. Was then confused whether to close over weekend or not. So I set a secure SL right at the spot where 4th entry was. Worked well started with a huge jump, no retrace. I then switched to H4 and found an AIMS Level to the left that looked like might be a good exit spot. then put the fib exp and found that the H4 aims level and fib exp 2.62 (3rd wave is usually 2.62 of wave 1. That gave confidence (and an excuse) to exit spot on at 1.4080. Its still not a proper exit signal but I'm very very happy with 20% account rise. its been 4 weeks since I had a good trade on H1. partly because markets were a bit sideways and partly because i dont pay too much attention to my H1 account. (but perhaps I should)

cheers

[immy]

Picture here
http://www.itradeaims.com/2011/09/power ... ution.html

[immy]

Link to my trades for the day.

http://www.itradeaims.com/2011/09/aims- ... ovely.html

[immy]

You are what you think about all day long Dr. Robert Schuller

"Between Stimulus and Response is Your Freedom to Choose" Stephen R Covey

"We do not need more ex-perience in trading,
we need more in-sperience when you are inside,
you can hear the heart of the market beating Bill Williams


If you had to sum up everything you have learned in your decades or trading in one statement, what would that be?
"With the Wand of Science,
We Explain, decide, discuss.
But only in the Silence
Will the market speak to us." Bill Williams

No Amount of Thinking can accomplish what a small amount of NOT thinking can.

If you do not know who you are in reality,
the markets is an expensive way to find out

"In Trading we tend to keep learning more and more about what is NOT going on and that keeps us from seeing what is really happening. Most market education simply removes us from our natural ability to know". B Williams

[immy]

Today!

[immy]

John. here is the wave.

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the wave cable.gif

[immy]

The other days trades. Some tiny little trades that really makes a huge difference

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[franky]

Thanks Immy, great to see you posting your trades again.

Franky

[immy]

~One
After nice Long Trades it was time for M1 Traders to make a bit more...
The First entry was inside aims on m5 but perfectly taken on m1. This is example of taking the inner AIMS Levels.
Added on at Setup 2, Alligator was open to downside. Note that Setup 1 is when there is 'The First Break Out of AIMS Level Outside Alligators Mouth'. Where as Setup 2 is upon the break of 2nd AIMS level outside Alligators mouth.

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~Two
The first trade was taken against the purple. A thing I hard do but I did it today since I was confident about the down move.
The second trade was an attempt to go into the fifth wave of the previous move which turned into a 3rd wave itself. (the peak of AO went lower than previous peak)

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[immy]

and a few more this morning.... still more to come hopefully

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