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

[immy]

Hi Immy,

Congratulations on your excellent results.

I have a question on the initial stop loss. There has been a lot of boxes between 35 - 55 pips in size over the last couple of days on EJ and I was wondering if you would let a stop loss take a full hit of 55 pips? For instance, if you were just tipped into a trade with a 40 pip box and it went 5 pips into profit and then fairly quickly turned against you, at what point would you get out?

In addition to this it would be great to see some charts showing losing trades as it is the initial stop loss that I seem to be having most problems with. Unless of course you don't lose!

Will Do! (damn things happen around 40% of the time) thought today, not a loser so far!

[immy]

So you can see the market is full of opportunities. You just gotta trust it and get in tune with it.

[immy]

I'm loving it! I'm in the zone today.... please please let me stay like this.... only forever!
Wish I had let all of these entries run! now that would be classic!
First I had 20 pip TP, then I moved it further thinking it might hte drop now as it clear of aims level but then it hit the 20 pip TP and reversed. so I got out for 16.
Ok thats seriously over for me now!

[immy]

Hahaha, I suppose my choice of the word 'new' wasn't entirely suitable.

So I suppose this is all going back to a time when I first started learning AIMS. Very little reference to the HTF, just take the S1 and S2 on the current time frame when eWaves supports it. Simple.

Oh yes! thats how I achieved 466% during nov 2010. Simple straight forward. But requires 1. Self Trust .2 Confidence (and confidence has to do with belief system and so Confidence is everything in trading". You gotta let the market lead you. You gotta truly understand to want what the market wants. You gotta go with the flow, fly like a butterfly sting like a bee... ) u gotta own your chart. be ONE with it and just know that the Market is a Friendly Place! its loving and caring and it has pips for you! :-bd

[immy]

A trade I took on GU M15.

[immy]

Your Attention Creates!
Energy Flows Where Your Attention Goes!

[immy]

I'm ready for the 5th wave down. had a po then deleted it.

[immy]

there you go I showed you the true face of Immy! I trade crazy some times. but I love it! (angel) :-B

I shall see you after 1.30 pm. after I've done my meditations and Friday prayers etc. and fed the beast within!

[Darren]

Hi Immy,

Congratulations on your excellent results.

I have a question on the initial stop loss. There has been a lot of boxes between 35 - 55 pips in size over the last couple of days on EJ and I was wondering if you would let a stop loss take a full hit of 55 pips? For instance, if you were just tipped into a trade with a 40 pip box and it went 5 pips into profit and then fairly quickly turned against you, at what point would you get out?

In addition to this it would be great to see some charts showing losing trades as it is the initial stop loss that I seem to be having most problems with. Unless of course you don't lose!

Will Do! (damn things happen around 40% of the time) thought today, not a loser so far!

Thanks Immy. It is the big boxes I have most problem with, but I guess if they are too large then you wait for them to become more manageable so that the stop can be placed on the other side!

You are on fire today!!!

[immy]

Just one more before I leave you all alone!

First Entry on BDC on the belief that the retrace 4th wave has ended now and we may be looking for a 5th down. Second one again a BDC and confirming that it did not break the AIMS high. third a normal fractal breakout. exit based on TP to the left. I think the market may or may not break this level but I did not want to risk that many pips to find out. And as I write. I am so happy I made that decision. When you find that you may be in tune with the market, then listen to your inner voice. Trust your self and be confident. The Universe is a Friendly Place! This concludes my trading session and may even conclude trading for the day and week!