PaulF's Journal

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PaulF
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Joined: 18 Nov 2011, 09:15
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Re: BobbyF's Journal

Unread post by PaulF »

Thursday 9th February.

Trade 1, +6.8. Entry order set below the 15min AIMS level, thanks to Snorm's indicator. It was up almost 20 but I'm trying to follow the rules so...grr!
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Grant
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Re: BobbyF's Journal

Unread post by Grant »

Nice trading Bobby...

rinse and repeat....

Grant
success = patience + discipline - greed
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msk185
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Re: BobbyF's Journal

Unread post by msk185 »

Hi Bobby

Great trade and well done for sticking to your rules.

As an observation, my analysis of my trades has shown that setting a target of 20 pips gives a pretty good optimum return as price often makes 20 before retracing and we get a dot. I also recall Grant has observed a 20 pip move also. Just a thought as if you're using an initial disaster of 10 pips, then thats 2%

Mike
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Herbert
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Re: BobbyF's Journal

Unread post by Herbert »

Well done Bobby!! If you look closely you will see that was a wave 3-in-3, the magic that AIMS thrives on.... (wd)
I got a chart in my section on it.
Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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immy
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Re: BobbyF's Journal

Unread post by immy »

BobbyF wrote:Thursday 9th February.

Trade 1, +6.8. Entry order set below the 15min AIMS level, thanks to Snorm's indicator. It was up almost 20 but I'm trying to follow the rules so...grr!
aims-gbpusdsb-20120209-01a.gif
Hey

I was talking to a member of the Skype Group and we were just discussing and I was assessing, "should I take the outer AIMS level, ie. M5 AIMS Level or is it too far" as son as I was convinced to set a PO, Alas, I was too late. Lovely trade!

cheers
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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PaulF
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Re: BobbyF's Journal

Unread post by PaulF »

Thanks Immy!

Friday 10th February.

Trade 1, 0.0. Moved SL to BE straight away as the 5min 200ma was right above entry.
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PaulF
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Re: BobbyF's Journal

Unread post by PaulF »

Trade 2, -4.3.
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PaulF
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Re: BobbyF's Journal

Unread post by PaulF »

Trade 3, +0.0.
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PaulF
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Re: BobbyF's Journal

Unread post by PaulF »

Monday 13th February.

Trade 1, +3.9:
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PaulF
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Re: BobbyF's Journal

Unread post by PaulF »

Trade 2, +1.3. Entry under the M5 AIMS.
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