Grants flow chart and system

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immy
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Re: Grants flow chart and system

Unread post by immy »

HI

There are two ways, you can chose whatever,
Though this year or most part of it, on my main account I'm trading the Flow Chart and Grant's Trade Management Rules.

Reason: I trade one year alongside Grant. Grant Trade Part Time while I traded Full Time. He trade 1-3 times a day with fixed money management whereas I trade 1-20 times a day using dynamic lots sizes and addon. The Result I was slightly better in account growth in terms of average accont growth per month. So why make 20 trades if 3 can do the same???

cheers

Immy
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
pipvic
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Re: Grants flow chart and system

Unread post by pipvic »

Where can I find Grant's Trade Management Rules?
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Grant
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Re: Grants flow chart and system

Unread post by Grant »

Hi Pip,

post 1 of my journal, its a word doc..

cheers
Grant
success = patience + discipline - greed
moty
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Re: Grants flow chart and system

Unread post by moty »

Hi Grant
I refresh again the rules according to the "3 rules flow chart" and I noticed that there was no reference to the M5, beyond testing whether it is close or not.
I wanted to ask do you really not referring to the alligator in the M5, or be the price in his mouth?

Wish you and all the participants here, a great trading week.
Moty
Patience and Discipline is the key.
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Grant
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Re: Grants flow chart and system

Unread post by Grant »

HI Moty,

2 things i look at in detail are the m1 purple line which tells me where the alligator is on the m5 and the m5 aims levels so i know when i can place a PO.

I will also keep an eye on the m5 AO so i know where in a wave cycle we are..

hope this helps..

Grant
success = patience + discipline - greed
moty
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Re: Grants flow chart and system

Unread post by moty »

Hi
hank you, it is clear and that helps, but this leads me to seek additional help (well last for today :) )
Can you show us the wave count for the last Friday on M5?
Thanks

Moty
Patience and Discipline is the key.
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Grant
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Re: Grants flow chart and system

Unread post by Grant »

Morning Moty....

With the NFP news release on Friday it is very hard to come up with an EW count that fits into the higher tf counts i have.

That being said you can clearly see an impulse down from the high of the news spike down to the low of the day which i would say is wave 1 of a big move down that is unfolding...

So if that is wave 1 then the movement form the Fridays low into the weekend close is wave 2, with the movement we see form the weekly open starting what could be a large wave 3 to the down side....

As always with EW hindsight is great so just trade the set ups as they appear and it will keep you only trading the impulse waves ...

Hope this helps..

Grant
success = patience + discipline - greed
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tayct
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Re: Grants flow chart and system

Unread post by tayct »

grant18265 wrote:morning,

i produced the doc in word 2010, so you may need a patch if you are running an earlier version. That is about the limit of my tech know how so if that isnt the problem then i hope someone else can suggest a solution..

cheers

Grant
Hi Grant,

The tech stuff you're looking for is the Microsoft Office Compatibility Pack. Those with older versions of Microsoft Office can get it at:

http://office.microsoft.com/en-us/produ ... 68676.aspx" onclick="window.open(this.href);return false;
Sasa
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Re: Grants flow chart and system

Unread post by Sasa »

Hi, Where can I find a flow chart?
BR
sasa
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immy
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Re: Grants flow chart and system

Unread post by immy »

http://www.itradeaims.net/forum/viewtopic.php?f=7&t=355" onclick="window.open(this.href);return false; here
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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