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

[zlabis]

Thanks alot for sharing your insights and analysis.

[Admin]

I'd like to say a few things, some random thoughts about trading.

I posted them in my blog please have a read.

http://www.itradeaims.com/2015/08/simpl ... plify.html

[immy]

A seed on m1 that did not look too good but the monarch pattern, the light in the dark, helps us alot. Skypers , some of them, namely moty etc go it. 5% win. does the job

[immy]

Three common problems of traders.
1. Chasing the markets (Fear of missing out, Greed of grabbing that move)
2. Jumping the Gun (entry before the anticipated signal - Fear of missing out)
3. Exiting without exit signal (specially during the initial stages of a trade) (Fear of being wrong, fear of losing, fear of leaving profit)

What is the underlying structure of these problems?

[kooky]

FEAR of course!!

[Hill]

spot on and absolutely true. thanks Immy.

I think lack of discipline causes these.

Three common problems of traders.
1. Chasing the markets (Fear of missing out, Greed of grabbing that move)
2. Jumping the Gun (entry before the anticipated signal - Fear of missing out)
3. Exiting without exit signal (specially during the initial stages of a trade) (Fear of being wrong, fear of losing, fear of leaving profit)

What is the underlying structure of these problems?

[immy]

The Essence of AIMS Stress Free Trading is understanding this pattern and its fractal geometry.

[immy]

the Fractal Geometry Poems of AIMS Setups and Patterns
[CTF = Current Time Frame HTF = Higher Time Frame 5X = 5 Times Multiple HPS = higher probability Setup]


A Setup 1 on CTF = A Seed on 5x or 10x HTF
A Seed on CTF = A Setup 1 on 5x or 10x LTF
A P5 on CTF = A PC Zig Zag on HTF
A PC Zig Zag = A P5 on LTF
To be continued ...

[immy]

Someone Asked about open gator! simple thing but at times we are stuck in our mind somewhere and a little nudge can help.. so I drew this

Gator Open.png

and the monarch pattern that happens on eWave... it happens right after the gator wakes up or its about to wake up. eWave bars are not too far from its ZL.

[immy]

Some useful pictures.... Study them...

Example 1






Example 2 Setup 1. but could be filtered due to the fact that Wave 5 is already visible



Sam posted this picture of Setup 1 very good setup traded correctly.


The Seed
The following picture shows two seeds. the First is better the late one is a bit late into the wave. If you did not take the first then you should not take the second.


The Apple
The following is a picture of an Apple Trade and an Addon at break of hte box.


moved SL to BE and Trailing


The Seed

A trade taken when M5 was going towards its upper box level and was between gator and purple on m5. quick move to BE was required. Traded ended up at slightly less than 1% but BE would be fine too.


SL moved to BE (orange line is for ATM)


1%


The Apple one more time



nearly 2% taken