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

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
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immy
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Re: Trading CHAT

Unread post by immy »

This Guy has Found the Secret to Trading Forex market with great Success

Watch from Time 00.09 The Secret of Alchemy - The secret of making Gold
Subtle Plans are also good! haha

[youtube]I88WW2xDlAc[/youtube]
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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immy
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Re: Trading CHAT

Unread post by immy »

Worth a thought!
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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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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: Trading CHAT

Unread post by immy »

The average person losses their attention span every 6-10 seconds per minute.
Why can't we achieve our trading goals?
Fundamentally "Lack of Focus"
We must teach ourselves "Singleness of Mind".
"Learn to bring your attention into a very sharp channel, so the intensity of the energy is increased" Thats why they say, Laser Sharp Focus!

Process: Put a dot on a wall or light a candle and practice focusing on the dot or the flame for 5-10 min a day.
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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Darren
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Joined: 20 Nov 2012, 13:54
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Re: Trading CHAT

Unread post by Darren »

Immy - Following on from our conversation in the chat room last night when you trade the EU or EJ 1 min chart do you enter the same lot size each time or do you change the lot size depending on the size of the Aims box?
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immy
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Re: Trading CHAT

Unread post by immy »

Darren wrote:Immy - Following on from our conversation in the chat room last night when you trade the EU or EJ 1 min chart do you enter the same lot size each time or do you change the lot size depending on the size of the Aims box?
I used to use fixed SL levels for m1 but always used variable for higher time frames. That was just for ease of play. But more recently my lot size is automatically 1% based on upper and lower aims levels. this way sometimes i make more and other times i make insane %age on relatively small winners pip wise because initial sl was based on only 5 or 6 pips making my Lot size double or triple size. so if I do my MM on 5 pips and make 15pips taht 3% on the flip side If I do my MM on 15pip I'll have to make 45 pips to make the same account growht. You know the rest right?

cheers


Here are some trades we talked about today... earlier in the chat room... Well done RAY on your 10PC trade.
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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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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: Trading Talk - (Immy's Journal)

Unread post by immy »

Today's Trading

Well there was no trading for me. I just sat there watching. I could have traded a few times I guess, but I just did not like the mode of the market today.

All the best... Tomorrow may be, and will be a different trading day! And here's to a better more pipsarious Tuesday! 3 Cheers

~o)
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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immy
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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Trading Talk - (Immy's Journal)

Unread post by immy »

I wonder if you'd wish like I wish! Seeing this chart.... while we were looking at some boring ones! haha
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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! 🍌
User avatar
immy
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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Trading Talk - (Immy's Journal)

Unread post by immy »

A story of a setup I saw all of a sudden. I was not even trading, was just playing with kids. Just came to check how the H1 trades were going. And then it began... a Beautiful Picture Story. I was targettingfor H1 lwos for 40 pips with a 10 pip risk, with a late entry into m1 using m15 levels. I just wanted this trade. And I took it. the rest is pictures... sorry history...
You do not have the required permissions to view the files attached to this post.
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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Grant
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Joined: 14 Aug 2011, 14:52
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Re: Trading Talk - (Immy's Journal)

Unread post by Grant »

^:)^ ^:)^ ^:)^ ^:)^ ^:)^
success = patience + discipline - greed
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immy
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Re: Trading Talk - (Immy's Journal)

Unread post by immy »

sam! the trading chat took most of that time away! but I'm trying... and thanks ..

thanks Grant! (that does not come often, feels kind of good, coming from you)

Here is Grant's signal on the EU m1 long after which he left . There was a nice Wave 5 trade both on M1 EU and M1 EJ. EJ did not produce a Wave 3 trade setup like EU did but it produced a very nice 40 pipper wave 5 setup.
You do not have the required permissions to view the files attached to this post.
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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