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

[immy]

Some times its tough... EU M1 this am. but you have to look at
how low the risk was. Olny 3.7pips with a 2.2 pip Box. oh well...

Rent paid long and stopped and reversed for another rent of 4.7 pips and then the flood gate opened, before I could put po it broke and i jumped in (note recommended for emotional bomb type trades i.e. beginners) never take market orders if you're just starting. its a disease. anyway, closed part at 30 pips. a day that should not end in profit.

[immy]

Some times its tough... EU M1 this am. but you have to look at
how low the risk was. Olny 3.7pips with a 2.2 pip Box. oh well...

Rent paid long and stopped and reversed for another rent of 4.7 pips and then the flood gate opened, before I could put po it broke and i jumped in (note recommended for emotional bomb type trades i.e. beginners) never take market orders if you're just starting. its a disease. anyway, closed part at 30 pips. a day that should not end in profit.

[immy]

EU M1 LO (GU was the one that flew and never looked back... nice )

14-02-2014 08-15-12.png

Gold H1

[immy]

AUD/USD

[immy]

EU M1 LO (GU was the one that flew and never looked back... nice )

14-02-2014 08-15-12.png

Gold H1

[immy]

[quote="immy"][quote="immy"]EU M1 LO (GU was the one that flew and never looked back... nice )

14-02-2014 08-15-12.png

AUD/USD Trade from previous post and result.

18-02-2014 08-40-59.png

EJ from yesterday

[immy]

The Target Zone 1(a)
Wave 5 after a Flat Wave 4. I have established after countless tests that often, after a flat wave 4, we see Wave 5 does not reach TZ1 instead it stops at different level. Instead of expeted 62% of Wave 3 it extends only 38%.

Wave 4 is considered flat when the retracement/pullback is either next to nothing or less than 23.6% fib retracement levels.
Simply Add 0.382 in the Fib Expansion Tool in MT4

[immy]

The Target Zone 1(a)
Wave 5 after a Flat Wave 4. I have established after countless tests that often, after a flat wave 4, we see Wave 5 does not reach TZ1 instead it stops at different level. Instead of expeted 62% of Wave 3 it extends only 38%.

Wave 4 is considered flat when the retracement/pullback is either next to nothing or less than 23.6% fib retracement levels.
Simply Add 0.382 in the Fib Expansion Tool in MT4

EJ EJ EJ EJ EJ

[immy]

The Target Zone 1(a)
Wave 5 after a Flat Wave 4. I have established after countless tests that often, after a flat wave 4, we see Wave 5 does not reach TZ1 instead it stops at different level. Instead of expeted 62% of Wave 3 it extends only 38%.

Wave 4 is considered flat when the retracement/pullback is either next to nothing or less than 23.6% fib retracement levels.
Simply Add 0.382 in the Fib Expansion Tool in MT4

EJ EJ EJ EJ EJ

Tidy little Seed trade. I took my profits at 1:1 thinking it was a counter move back to purple and brought SL to Entry level after The Fruit. I'm not so impressed with myself thinking if it was good enough to exit a trade why was it not good enough to go long into fifth wave? may be the size. oh well next

19-02-2014 16-58-41.png

The long trade was closed and the short entered. EJ PUlled back exactly 50% back to purple and created a lovely fruit for long. I however did not take the long. I may regret it later.

[immy]

Gold the final Wave 5 up is over I guess.