Taffy's journal

[Taffy]

Pull back and signal candle on 5 min, dropped to 1M for classic entry two positions, for 52 and 56 pips. What came after was sharp reversal and normally would have entered on break of wedge and pull back to wedge followed by signal candle in this case reversal candle. Also look at the beautiful divergence. Good volatility in Asian session

[Taffy]

Last trade for the night 30 mins before NY open

Seed on 5M, followed by a hanging man, which closed below the seed. 2 orders and also considered a pending at 182.71 on break of aims. But was right at the pivot point which I use on lower TF and right into daily support of London session, 12 and 13 pips. about 80 nett for the day considering half size trades

[Taffy]

M15 fruit signal and dropped to 1M and took first trade. This was at start of Asian session and price had closed opening gap and tested the pivot line twice. Looked to add on and took a smaller position

However, if look at 1M number of signals to close. Trying to let the trade run and mistake of managing on a mixture of 1M -15M TF lead to me ending with a small profit for the trade but giving back to the market. Any comments appreciated.

[Taffy]

Stopped my trading in Dec and so far this month. This month reading a lot of posts particularly daily set ups by Immy (some great reading there over 100 pages) and the journals. Basic S1 and S2 easy pips where I look for getting into trades and perhaps look for the big winners. It is a mind game and must execute trading plan and stick to the rules letting trades run but also exiting as per the trading rules. This month get my mind set for a great year ahead as 2015 is going to be a great year for all Aimsters. I wish everyone a great successful 2015 and will be looking at getting into the trading room as much as I can to enhance learning and get to know you guys

[Taffy]

Hello Immy
can you help me with the password for the discount link. I entered the premium members area but could not find the password. Much appreciated, thank you.
If you'd like to get your hands on our latest Elliott Wave in 1 Second Indicator based on the 10 Seconds Elliott Wave eBook please Visit this link.

25% Discount for Premium Members
We have a 25% discount for our Premium Members Please visit this link.
Note: The Link takes you to a password protected area. Please Enter the Premium Area to Access the Password. Click Here to Visit the Premium Section.For Premium Members Only.

[immy]

Hello Immy
can you help me with the password for the discount link. I entered the premium members area but could not find the password. Much appreciated, thank you.
If you'd like to get your hands on our latest Elliott Wave in 1 Second Indicator based on the 10 Seconds Elliott Wave eBook please Visit this link.

25% Discount for Premium Members
We have a 25% discount for our Premium Members Please visit this link.
Note: The Link takes you to a password protected area. Please Enter the Premium Area to Access the Password. Click Here to Visit the Premium Section.For Premium Members Only.

Hi
Password is here http://www.itradeaims.net/forum/viewforum.php?f=61 click on this link the first box shows the password

hope this helps

[Taffy]

Thanks Immy. all active in my charts now

[Taffy]

No trade taken rather an analysis of where to get into a trade after the news. M5 gator open. I think the first set up after the news is a good set up for 10 pips. The second is fruit signal is off the blue line but does this pose higher risk and the add on at which then goes into an upward chop that could present a number

audusd-m1-pepperstone-financial-pty-3.png

of opportunities. lastly is this a good example of second aims break above the previous low. I would be interested on your views as to your thoughts as you saw the trade presenting to you in real time? I would believe trade one and the second aims break are the best set ups, or less risky trades?? All SL positions 3-5 pips

Thank you

Geraint

[immy]

No trade taken rather an analysis of where to get into a trade after the news. M5 gator open. I think the first set up after the news is a good set up for 10 pips. The second is fruit signal is off the blue line but does this pose higher risk and the add on at which then goes into an upward chop that could present a number

audusd-m1-pepperstone-financial-pty-3.png

of opportunities. lastly is this a good example of second aims break above the previous low. I would be interested on your views as to your thoughts as you saw the trade presenting to you in real time? I would believe trade one and the second aims break are the best set ups, or less risky trades?? All SL positions 3-5 pips

Thank you

Geraint

Good analysis

My understanding is that trade 2, the fruit off the purple is statistically more powerful and lower risk than the other two. though it turned out that price action was not as volatile as we would have wanted once the fruit entry was taken etc but you cannot tell that at the time of the fruit so have to take the setup. You risked the range of only one bar to gain the profit of dozens of bars that followed, thats powerful.

This is the example of Adams Apple. the highest probability setup. Low Risk High Reward. Fruit appearing at the bottom of wave 4, getting you into a fresh wave 5. heaven