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Hey John thats a tidy little trade there! never under estimate the power of compounding and base hits! you can hit base hits 24hrs 5days a week home run once a week!
cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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.
Wd on your trade, dot candle broke AIMS so i saw it as a set up 2 so like Mike i waited for the next AIMS level and like Mike Alapari refused my PO as price moved too quickly.... My screens were nearly through a window..... lol
When I placed the pending order the top Aims level was about 1.2790 and the alligator looked like it was asleep to me.
I tried to enter the pending order but would not be accepted until the price dropped below my pending order level which happened a few seconds later on the next candle.
technically if your looking at the rules then we always enter on a break of an AIMS level, it shows that there is momentum in the direction of our trade.
looking at your chart, the black dot at 1008 (UK) broke an AIMS level so technically we should look for a set up 2. With SU2 we wait for a fresh aims level which appeared 2 candles later but wasn't confirmed until 1012 (UK) candle closed.
Mike and i tried to put a PO once it closed above the AIMS level at 2796 but for me Alpari wouldn't accept it as price had moved too quickly..