Daily Trade Opportunities anyone ...?

[Tomi]

Also between currency pairs, one can have nice waves and another doesn't. And another day vice versa. It's tempting to try to go with the one that has the nicest waves but for the moment I'll stick to EUR/USD M1 and try to keep track what is really happening. Otherwise I could miss all the waves and trades if coming to surfing always too late But still, very enjoyable trading even though there are no actual trades on the table.

[wiseambitions]

Looks like Dollar Yen would also have been a good sell, with effect from early last Friday morning, according to the H4. I am just a newbie, and didn't take the signal, however it's still looking a hopeful trade. It would have maybe been a scary one to start with due to the swing high previous day and the height of the AIMS box, but anyway there was a clear crossover of the AO line as well as on the alligator even if the old fellow didnt go to sleep......

dollar yen 20th september.gif

[wiseambitions]

Tuesday night (well in the London time zone anyway!)

h4

Ozzy dollar looks like a sale, price dipping below AIMS box

Cable - GU Likewise

Dollar Swisse looking like a buy as an add on secondary signal maybe, following first DA pre dawn on Monday

[immy]

I took this H1 EUR/USD on H4 levels, meaning H4 was setting up too.

and AUD/USD.

[wiseambitions]

Friday 19th October 8 am approx.

I have been watching Eurusd closely on longer time frames

With reference to the 4 hour chart, my thoughts are as follows:

I believe this has now turned into a fairly clear signal to go short for the following reasons:

1) Dot alert, received late on Thursday

2) Rollover of the MAs comprising the alligator

3) Price now falling through bottom of the grey Aims box at around 1.30450

4) AO waning, towards zero


Other indicators, eg 5EMA, RSI, QQE, MACD etc also weakening

I'd see this as a strong signal, which if normal patterns from the past are repeated might mean a week or so of weakness, and a return to maybe 1.28 or below. But of course that's just a balance of probabilities


----
Update, the price fell through bottom of the H4 Aims box confirming the signal, Friday pm, and at some point was about 30 pips in profit. (h4 chart - even more potential in H1). Closed the week off with the alligator's mouth opened wide and coasting downhill. Unless something comes along fast to change the outlook it feels like we are in a corrective phase. The price is also below the 63hr EMA which I have always regarded as a bearish sign


PS Why is this discussion area so quiet? I really think there is great potential in the longer timeframes

[hammy]

Hi Ray,

I still have an open sell trade on the H1 chart EU, so I hope you are psychic about this one .. :ymdaydream:

I'm using the H4 for reference but trading on the H1 signals.

good luck my friend !

[wiseambitions]

Hi Ray,

I still have an open sell trade on the H1 chart EU, so I hope you are psychic about this one .. :ymdaydream:

I'm using the H4 for reference but trading on the H1 signals.

good luck my friend !

Hi Hammy, I am having a restful Sunday and wouldnt be worried about holding an open short position either. I trust the system, which tells us in M30,M60, H4 that it's bearish, D1 is starting to roll over too, H8 on other charts already has; but in reading other blogs there are plenty bulls around. One of whom says that the last few Mondays have traded opposite direction from the Fridays. However I think that has often been due to the NY session reacting strangely to economic news eg NFP and London session needing to put sense back into where the currencies should go, and I dont think that applies this weekend. The bulls are saying this is just a temporary pullback, but when you look at H4 you'll see the rollover of the MAs and the open mouth of the alligator, AO and MACD etc are pointing south, RS & QQE & CCI likewise, it tends to point to weakness. There is divergence in D1 charts between price and MACD etc all of which to me says sell. Hope we're both right. I have also heard one guy say he's 99pc certain it will go to 1.25 before the month ends (brave call!).

Draw 63 EMA on h1 and that confirms our thoughts

[immy]

Hi immy,

I trade on 15 mins & 30mins time frame. AIMS systems is amazing and accurate. My question is i often get confuse when getting entry alert from AIMS Entry 5.1 indicator which gives S1 & S2 alerts. I have AIMS Setup 1 v2(DA) indicator attached to my chart as well so not sure whether to take trade on DA indicator or 5.1. I do follow setup rules as per the AIMS method but some time i get nice setup with dot alert but not from DA so can't make decision.

Can you please shed some light on this ?

Regards,
Sam

Hi Sam,

The question here is, Do you understand what DA stands for? Why do we have the DA Arrows? Answers to these questions will help you understand why you don't get DA with every dot.
In Short: DA is Advanced form of V5.1 Entry Alert. What it does is that, whenever a dot is printed, it runs further tests/filters, it checks if 1. the current Time Frame Gator is sleeping = S1 2. it checks if 1 step higher time frame Gator is AWAKE = Red/Blue Arrows then it checks if the 2 step higher time frame Gator is open = Big Yellow Arrows. So a DA means Gator is Sleeping on Current Time Frame and Awake on 2 higher time frames. This is based on the concept "Higher Probability setups are Breakouts in the Direction of Higher Time Frame Trends"

I hope this helps. Please read more into AIMS S1 Alert in the appropriate section.

cheers

[robertfx]

hi immy,
still watching, waiting, learning little by little (even lurking a bit in live room but i have no idea what you ew types are talking about most of the time ? . i have especially been watching H4 tf and often compare aims signals for trades i am in on other systems. accuracy of aims is impressive and i would like to start trading h4 in aims. i pretty much get the 3 rules for a setup 1 for all tf's but not sure how many pips past top/bottom of aims level to put my pending orders.i have played with 5, 10 or a little more but feel like i am just guessing. same question for daily tf
thanks, rfx

[immy]

Hi robertfx,

As per my understanding, rules of pending is same as 5 min tf so your pending order goes at past AIMS level top/bottom + Spread + 1pip.

e.g. if EURUSD has 2pips spread then you should be putting pending order above/below 3pips of previous AIMS level.

Regards,
Sam

Hi Robert

Sorry for the delayed reply. Agreed with Sam. Rules for setting PO is same for all time frames. 1 pip buffer + spread. Long or short same thing.

cheers