How To Trade NFP.
Wait for Spike, then wait for retrace. Draw Fib Retracement. wait for price to stall around 38% or 50% or between it or sometimes it can go to 68% , (nothing is concrete in trading, its more of an art than science) pull the trigger. but before you pull the trigger you need to know where would be your stop loss. You can put it below the low of entry candle, e.g. here it was a candle with a tail so good spot for me and it was 10 pips so even better. sold half at 5pips moved sl to -5 free trade. then it moved more than 10pips in my favour moved sl to +1 and it was hit. lovely jublly .5% trade within minutes but it could have brought a lot more than that and it does ... just not this time... Enjoy your weekend folks... and there will be, i hope, some good setups later on...
Immy's Corner [The Setup The Hunt - T20's and more]
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immy
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Re: How to trade The Setup - EU M5/M1 Strategy - Immy's Jour
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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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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francisrama
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Re: How to trade The Setup - EU M5/M1 Strategy - Immy's Jour
Thx very much Immy!!!
Here and there I've been trading news, "with my guts feeling"...
In 5 seconds, you manage to structure the way how to do it...Be heartfully thanked my friend!!!! ^:)^ ^:)^ ^:)^
...And I've just used it, still with my "intuition"...
KR
Here and there I've been trading news, "with my guts feeling"...
In 5 seconds, you manage to structure the way how to do it...Be heartfully thanked my friend!!!! ^:)^ ^:)^ ^:)^
...And I've just used it, still with my "intuition"...
KR
I Am, That I Am!
Fran
Fran
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immy
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- Joined: 22 Nov 2010, 16:46
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Post NFP Trading
I quote myself, myself, "there will be some good setups later on"immy wrote:How To Trade NFP.
and there will be, i hope, some good setups later on...
A fantastic Wave 5.....
EUR/USD M1 - Post NFP Trading
EUR/JPY M1 - Post NFP Trading EUR/USD M5 - eWave analysis
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
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!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to trade The Setup - EU M5/M1 Strategy - Immy's Jour
You're most welcome... i had promised that I will share my very very very simple News Trading Technique. And there it is... I suppose I could have made a big fuss out of it, but really, thats it. Its so simple people wont believe it... haha Enjoyfrancisrama wrote:Thx very much Immy!!!
Here and there I've been trading news, "with my guts feeling"...
In 5 seconds, you manage to structure the way how to do it...Be heartfully thanked my friend!!!! ^:)^ ^:)^ ^:)^
...And I've just used it, still with my "intuition"...
KR
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to trade The Setup - EU M5/M1 Strategy - Immy's Jour
UJ M5/M1 Asian Session followed by Morning Session Rent.
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
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!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
EU M5/M1 - Rent paid but good attempt
An Attempt to Catch the Impending 5th wave... that did not happen until now as I write I'm in a long with free trade. IT was a double aims entry the second time round. but first the story of the rent .... we pay rent to catch waves. The current trade has achieved its target.
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
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!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to trade The Setup - EU M5/M1 Strategy - Immy's Jour
Please read post above, as soon as we paid rent above, we then caught the "anticipated move to upside" in the shape of 5th wave. M5 also was a setup. Meaning a Double AIMS Double Setup. I had to bail out although there is fair amount of evidence that if it breaks the H1 level it might bring some good good profits. However I had to bank my 1.8% account growth that more than covers the previous two rents (which were only .5% together) so account is in the region of 2-3% growth today. I think its better than any business out there.
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
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!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to trade The Setup - EU M5/M1 Strategy - Immy's Jour
An Example of HPT S1 on EJ m1/M5
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
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!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to trade The Setup - EU M5/M1 Strategy - Immy's Jour
I said in my previous post that the next setup would be 5th of 5th. It did occur and here is the story of it.immy wrote:An Example of HPT S1 on EJ m1/M5
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
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!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to trade The Setup - EU M5/M1 Strategy - Immy's Jour
immy wrote:I said in my previous post that the next setup would be 5th of 5th. It did occur and here is the story of it.immy wrote:An Example of HPT S1 on EJ m1/M5
This is now third post of counting waves on this EJ m1/M5.. we caught what for now, appears to be the 5th of the 5th of the 5th. nice 1.28% trade on EJ.
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
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!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!