Tony: reply to your question is here: http://www.itradeaims.net/forum/viewtop ... 8760#p8760" onclick="window.open(this.href);return false;
[24/10/2012 22:50:16] Immy - AIMS Stress Free Trading: hope it helps.
[24/10/2012 22:50:29] Immy - AIMS Stress Free Trading: yes, i was reading your chat meanwhile... lovers of (beer)
[24/10/2012 22:51:26] Herbert: [24 October 2012 22:50] Immy - AIMS Stress Free Trading:
<<< yes, i was reading your chat meanwhile... lovers of (beer)This one's for you Immy (hug)
[24/10/2012 22:52:15] Antonio Garcia: Thanks Immy, it's a bit confusing grasping all at once. Thought I saw some trades over the past hour just to find out the went in the wrong way or just retraced and that's after breaking an AIMS level. So I continue to be befuddled.
[24/10/2012 22:53:03] Immy - AIMS Stress Free Trading: cheers (hug) this is our fav icon... b/w me and Steve... Steve's like a grizzly fluffy bear himself.... only you don't want to see his angry side.... I'd heard his biccep is 18"
[24/10/2012 22:53:13] Antonio Garcia: a couple had DAs too and some just dots
[24/10/2012 22:53:47] Herbert: (chuckle)
[24/10/2012 22:53:49] Immy - AIMS Stress Free Trading: now you're here, you'll be able to ask whatever comes to your mind. in between setups... like there is too much space between atoms and electrons.... trading time also has alot of time .. in between trades
[24/10/2012 23:01:50] Immy - AIMS Stress Free Trading: [24 October 2012 22:52] Antonio Garcia:
<<< Thanks Immy, it's a bit confusing grasping all at once. Thought I saw some trades over the past hour just to find out the went in the wrong way or just retraced and that's after breaking an AIMS level. So I continue to be befuddled.ok lets clarify a few things.
[24/10/2012 23:02:24] Immy - AIMS Stress Free Trading: are you baffled that price did not got as expected. or you do not understand the setup?
[24/10/2012 23:03:04] Immy - AIMS Stress Free Trading: let me start firstly, with Rule 1. We must trade during correct trading hours. the last hour or so is not ideal trading time.
[24/10/2012 23:03:27] Immy - AIMS Stress Free Trading: price moves when there are people trading. and people trade mostly during London session start to the end.
[24/10/2012 23:03:52] Immy - AIMS Stress Free Trading: that is mainly because we Trade EURO... EURO's are found mostly INSIDE europe.
[24/10/2012 23:04:48] Herbert: 100% true (highfive)
[24/10/2012 23:05:31 | Edited by Immy - AIMS Stress Free Trading, 23:05:47] Steve Norman: [24/10/2012 18:53:04] Immy - AIMS Stress Free Trading: cheers (hug) this is our fav icon... b/w me and Steve... Steve's like a grizzly fluffy bear himself.... only you don't want to see his angry side.... I heard his biccep is 18"
[24/10/2012 23:05:32] Immy - AIMS Stress Free Trading: so main european banks are the ones who actually trade in euros... my Friend Nick would know more technicals on this but for now its sufficient to know that London session until end of london session is the main window... what happens before and after is just the market doing its thing. we are not interested.
[24/10/2012 23:05:33] Steve Norman: (rofl)
[24/10/2012 23:06:23] Immy - AIMS Stress Free Trading: when there is no movement the setups will fail mostly. but it is NOT a setup if its outside our correct trading hours.
[24/10/2012 23:06:23] Antonio Garcia: So I shouldn't trade the second half of the US session?
[24/10/2012 23:07:51] Immy - AIMS Stress Free Trading: I trade during London Open 1-3 hrs... then start at NY 1pm uk and finish at 4pm uk. All the setups i get are during those times. So for you. job is even easier, jsut trade first 3-4 hours of NY Session.
[24/10/2012 23:08:05] Immy - AIMS Stress Free Trading: some times, it moves around after NY lunch but its rare.
[24/10/2012 23:08:47] Immy - AIMS Stress Free Trading: having said that, during earlier part of this year, price moved only during that part for an entire month. but as i said above, its not always. but during london and ny session specially when London and NY overlap. nice things happen.
[24/10/2012 23:08:59] Immy - AIMS Stress Free Trading: infact NY and London overlap is the best spot for trading EU.
[24/10/2012 23:09:20 | Edited 23:09:29] Immy - AIMS Stress Free Trading: can you point to a Setup that baffled you.
[24/10/2012 23:10:15] Immy - AIMS Stress Free Trading: rather befuddled you..
[24/10/2012 23:10:29] Antonio Garcia: ok thanks , i'll go back
[24/10/2012 23:11:49] Antonio Garcia: I took a sell at 08:50 but it retraced.
[24/10/2012 23:12:04 | Edited 23:13:36] Immy - AIMS Stress Free Trading: Antonio... I highly recommend you start your own journal. so you can start attaching pictures with questions. its more fun that way. perhaps if you knew hwo to use a simple software such as Jing or snagit and then quickly upload a pick with questiosn would be alot easier but thats ok. but thats ok for now. just point me in the right direction tiem wise
[24/10/2012 23:12:26] Immy - AIMS Stress Free Trading: woohoo. 8.50 lets first translate time... we talk in Alpari time here which is GM+2
[24/10/2012 23:12:30] Immy - AIMS Stress Free Trading: GMT +2..
[24/10/2012 23:12:48] Immy - AIMS Stress Free Trading: so tell me what is 8.50 GMT wise so i can check my charts correctly.
[24/10/2012 23:13:50] Antonio Garcia: I am GMT 3
[24/10/2012 23:14:17] Immy - AIMS Stress Free Trading: 8.50 is that GMT+3
[24/10/2012 23:14:42] Antonio Garcia: yes
[24/10/2012 23:14:48] Immy - AIMS Stress Free Trading: oh sorry, we are GMT+3 on Alpari
[24/10/2012 23:15:04] Immy - AIMS Stress Free Trading: are you in the US? tony?
[24/10/2012 23:15:41] Antonio Garcia: I am yes. I use FXPIG as broker and use their ECN MT4 which is GMT +3
[24/10/2012 23:17:08] Antonio Garcia: I saw a previous yellow arrow on M5 and took it a bit after as it broke lower AIMS level and AO was close to 0
[24/10/2012 23:17:13] Immy - AIMS Stress Free Trading: http://screencast.com/t/5X5L2yX8" onclick="window.open(this.href);return false;
[24/10/2012 23:20:05] Antonio Garcia: It was the yellow arrow on M5 right before a higher yellow arrow which then saw a nice drop
[24/10/2012 23:21:41] Immy - AIMS Stress Free Trading: [24 October 2012 23:20] Antonio Garcia:
<<< It was the yellow arrow on M5 right before a higher yellow arrow which then saw a nice dropexplain this to me.
[24/10/2012 23:21:43] Immy - AIMS Stress Free Trading: please
[24/10/2012 23:22:26] Immy - AIMS Stress Free Trading: did you see my pciture... is that the trade?
[24/10/2012 23:23:25] Antonio Garcia: I was on M5. I don't see that in your pic
[24/10/2012 23:26:12] Immy - AIMS Stress Free Trading: you were on m5? (rofl) ok lets look at m5 then
[24/10/2012 23:27:17] Herbert: awesome effort and support Immy. (bow)
[24/10/2012 23:27:46] *** Immy - AIMS Stress Free Trading sent IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png IMG_24102012_232746.png ***
[24/10/2012 23:27:49] Immy - AIMS Stress Free Trading: this one?
[24/10/2012 23:27:51] Vikram Dhanju: Agree 100% Herbert, havn't seen this commitment anywhere
[24/10/2012 23:28:15] Immy - AIMS Stress Free Trading: (bow)
[24/10/2012 23:28:32] Herbert: i'm in the pavillion, downloading too if you do not mind Immy
[24/10/2012 23:28:40] Immy - AIMS Stress Free Trading: no worries
[24/10/2012 23:29:47] Immy - AIMS Stress Free Trading: right then if thats setup. first thing you must take into account is that it was just 2 candles, that is 10 minutes before london open.
[24/10/2012 23:30:01] Immy - AIMS Stress Free Trading: now london open is what we call "Chaos Influx Points"
[24/10/2012 23:30:07] Immy - AIMS Stress Free Trading: Chaos = New Incoming Information.
[24/10/2012 23:30:24] Immy - AIMS Stress Free Trading: These are the points that set the direction for the tranding session and sometimes even the day.
[24/10/2012 23:30:38] Immy - AIMS Stress Free Trading: Red News Events are also CIP (chaos influx points)
[24/10/2012 23:31:15] Immy - AIMS Stress Free Trading: as in they set or change direction... what happens is that mass opinion/belief system changes and that is reflected as price changing direction.
[24/10/2012 23:31:51] Immy - AIMS Stress Free Trading: now wiht that in mind, we try to not take a trade shortly before it. and if we do, we are always aware that london open may do something. and so we keep a tight sl.
[24/10/2012 23:32:23] Immy - AIMS Stress Free Trading: periodically you'll see many setups that start just before london open. and just carries on. which would mean some times you'd miss those if you follow the london open guideline.
[24/10/2012 23:33:14] Immy - AIMS Stress Free Trading: having said that. if you were trading m5. then what was your higher tiem frame trend? was it m15 m30 or h1... if you're following arrows for that. then since ther was a single big yellow arrow. you tried taking a trade in the direciton of h1.
[24/10/2012 23:33:31] Immy - AIMS Stress Free Trading: where as trend on m15 was not yet confirmed.
[24/10/2012 23:33:48] Immy - AIMS Stress Free Trading: having said that. the setup itself.. the red dot setup was not that bad.
[24/10/2012 23:34:21] Antonio Garcia: yep that's the pic
[24/10/2012 23:36:56] Immy - AIMS Stress Free Trading: but i'd like you to note something. and that is , a. 10 min prior to London Open.
b. check the pic http://screencast.com/t/0keNxaqb1" onclick="window.open(this.href);return false;
[24/10/2012 23:37:46] Immy - AIMS Stress Free Trading: so if you took that, and lets suppose it was rather 10min after london open. lets now check if the 3 rules or the flow chart rules applied. (however, i'd want you to be on m1 with m5 displayed on to the left to fully appreciate the power of our setup)
[24/10/2012 23:41:50] Immy - AIMS Stress Free Trading: here is a picture analysing your Setup on m5. http://screencast.com/t/4hq66Z929h" onclick="window.open(this.href);return false;
[24/10/2012 23:42:09] Immy - AIMS Stress Free Trading: please let me know what you think about explanation thus far. then i may take it further. from there
[24/10/2012 23:45:44] Immy - AIMS Stress Free Trading: So first things first. When you take a setup you need to ALREADY know What is the Direction of the TREND on 5times higher time frame.
[24/10/2012 23:50:05] Antonio Garcia: Explanation is clear. We are using M5 for entry criteria, yes
[24/10/2012 23:50:26] Antonio Garcia: It is a Setup 2. I'm looking for breakout
[24/10/2012 23:54:21] Herbert: nicely explained Immy. Wish you the best Antonio.. Cheers all (handshake)
[24/10/2012 23:56:19] Antonio Garcia: Thanks, you didn't take the sell at London open Immy?
[24/10/2012 23:57:58] Immy - AIMS Stress Free Trading: cheers Herbert
[24/10/2012 23:58:16] Immy - AIMS Stress Free Trading: there was NO sell at london open, both on m1 and m5.
[24/10/2012 23:59:23] Immy - AIMS Stress Free Trading: 10.25 yellow arrow on m5... and black dot on m1. was NOT a setup besides it was Red NEW German Manufacturing.
[24/10/2012 23:59:59] Immy - AIMS Stress Free Trading: we are here in chat none of us take it. apart from our French counterpart Monsieur Erik Milowski. Who managed a short on m15. and grabbed 37 pips.
[24/10/2012 23:59:59] Antonio Garcia: Sorry I meant the signal that was a bit past an hour and half from the yellow arrow I was referring to earlier. There was a big drop
[00:00:48] Antonio Garcia: oh okay sorry didn't see the news
[00:01:14] Immy - AIMS Stress Free Trading: That yellow Arrow had already broken an AIMS level. lets suppose it was not news move. we would still not have taken it, since when there is a dot/arrow that breaks an AIMS level we do not have time to set PO. so we ahve to wait for fresh AIMS level and then see if its still as setup if there is a new aims level.
[00:01:38] Immy - AIMS Stress Free Trading: You could see it was a Black Dot...
[00:02:06] Immy - AIMS Stress Free Trading: Tony, you need to first understand the Setup. using the Dots. it is the Red and Blue dots that I want you to focus on.
[00:03:09] Immy - AIMS Stress Free Trading: the arrows tell you that the gator on higher time frame. for m1 its m5 and m15 are open. after that it is our job to check is it REALLY is a Setup.
[00:04:05] Immy - AIMS Stress Free Trading: A Setup has a Tight Gator. A tight AIMS Box (uppper and lower aims level are only 10pips or less apart) and AO is close to Zero line with a Fresh Cross. its not that hard, its simple but some people do get befuddled in the beginning before th AHA moment.
[00:04:27] Immy - AIMS Stress Free Trading: its a paradigm shift. when it occurs, all will fit in its place. and that will be the moment of a (hug)
[00:04:35] Immy - AIMS Stress Free Trading: rather (beer)
[00:04:50] Immy - AIMS Stress Free Trading: and \o/ and (d)
[00:05:46] Antonio Garcia: gotcha. Immy what section in the forum talks about how you use both time frames back to back to analyze and take a trade.? Any section in particular with you using real examples? Thanks
[00:08:31] Immy - AIMS Stress Free Trading: The Section that says, AIMS Stress Free Trading - The Setup
[00:08:40] Immy - AIMS Stress Free Trading: meaning the Book itself.
[00:09:34] Antonio Garcia: anywhere else as well? I just want to get as much understanding as possible. thx
[00:11:30] Immy - AIMS Stress Free Trading: If you don't understand the setup from the book. then it will be hard for me to explain. Honest opinion. 6 months of work and 2 months of intense read and read and correction went into that. Steve is the witness
[00:12:50] Vikram Dhanju: Reading the journals helped me to see some real time examples
[00:13:16] Immy - AIMS Stress Free Trading: I rememeber I was here, right here, i spent two months, at foothills of Himalays, in nice quite environment and wrote it all up. ah it was a nice experience.
[00:13:39] Immy - AIMS Stress Free Trading: how do you mean live examples?
[00:14:12] Vikram Dhanju: I mean daily examples, but this room is even better - live examples
[00:14:43] Immy - AIMS Stress Free Trading: yes, in this room you may see setups as they develop and ask questiosn and get engaged and see how other perceive things and trade em.
[00:15:36] Immy - AIMS Stress Free Trading: is this a live example ? or is it , to you a picture of a trade already taken? just askign so that i understand your point of view http://www.itradeaims.net/forum/downloa ... hp?id=1325" onclick="window.open(this.href);return false;
[00:16:20] Immy - AIMS Stress Free Trading: an example of Setup two above
[00:16:28] Immy - AIMS Stress Free Trading: an example of setup 1. here http://www.itradeaims.net/forum/downloa ... &mode=view" onclick="window.open(this.href);return false;
[00:16:57] Immy - AIMS Stress Free Trading: this may be an example of trade into wave 3 and wave 5. http://www.itradeaims.net/forum/downloa ... &mode=view" onclick="window.open(this.href);return false;
[00:18:28] Vikram Dhanju: Real time = daily examples which I can see on my chart and relate
[00:18:44] Vikram Dhanju: not right word i know
[00:19:27] Immy - AIMS Stress Free Trading: vikram above text is targetted at tony.
[00:19:32] Vikram Dhanju: oops
[00:20:09] Immy - AIMS Stress Free Trading:
[00:20:30] Immy - AIMS Stress Free Trading: no worries. i'm trying to get tony to the same page. but its for you too and the rest .. and me
[00:22:00] Immy - AIMS Stress Free Trading: here is an example of a setup with two charts sidebyside. with some explanation from my journal
[00:22:01] Immy - AIMS Stress Free Trading: http://www.itradeaims.net/forum/viewtop ... t=20#p1380" onclick="window.open(this.href);return false;
[00:22:26] Immy - AIMS Stress Free Trading: http://www.itradeaims.net/forum/viewtop ... t=20#p1390" onclick="window.open(this.href);return false;
[00:22:39] Immy - AIMS Stress Free Trading: http://www.itradeaims.net/forum/viewtop ... t=20#p1405" onclick="window.open(this.href);return false;
[00:22:54] Immy - AIMS Stress Free Trading: http://www.itradeaims.net/forum/viewtop ... t=20#p1412" onclick="window.open(this.href);return false;
[00:23:15] Immy - AIMS Stress Free Trading: http://www.itradeaims.net/forum/viewtop ... t=20#p1418" onclick="window.open(this.href);return false;
[00:25:22] Immy - AIMS Stress Free Trading: http://www.itradeaims.net/forum/viewtop ... t=40#p3913" onclick="window.open(this.href);return false;
[00:28:09] Immy - AIMS Stress Free Trading: how to trade the Arrows:
http://www.itradeaims.net/forum/viewtop ... t=80#p7150" onclick="window.open(this.href);return false;
[00:29:43] Immy - AIMS Stress Free Trading: how ot trade the dots video http://www.itradeaims.net/forum/viewtopic.php?f=40&t=93" onclick="window.open(this.href);return false;
[00:31:31] Immy - AIMS Stress Free Trading: I hope this helps... I'll see yo uall tomorrow. cheers
[00:32:00] Vikram Dhanju: cheer Immy
[00:32:50] Immy - AIMS Stress Free Trading: oh and dont forget to watch this video .. about how to trade the Arrows
http://www.itradeaims.net/forum/viewtop ... =823#p7471" onclick="window.open(this.href);return false;
