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

[bluediamond81]

Thank you Immy.
So now all the new updates of the strategies will be in the Skype room?
Anyway, see you in the Skype room soon!

Rgds,

[immy]

Thank you Immy.
So now all the new updates of the strategies will be in the Skype room?
Anyway, see you in the Skype room soon!

Rgds,

No plans for any further updates. I think we are perfectly set for 2016. We have D1 templates working, (fruit trading) we have H1 templates fruit and seed and cherries and we have perfect templates for M1 ... we are complete ....

but in order for one to learn... there is nothing like "on the job" "hands on" training like in skype!!! IMHO

check with guys who are doing it! they all recommend it 100%... I'm not doing it for money. Money just keeps YOU serious! we did for free for years and only a few people took advantage. You can download 500 books (piracy) using torrents but you won't read a single book. the moment you pay $10 for it, you consider it as an asset!

cheers

[bluediamond81]

Very well said Immy. That made all sense to me.
And now I know we have such a complete system like that (D1, H1 and also M1). What more do I need!

Happy trading!

[immy]

Just saw something that does not have much importance in terms of profitability but helps with understanding the structure of the market. Or at least the structure of my understanding of AIMS and the market.

You might some times read terms called out in the skype room all of a sudden, "B Trap" and "PC". Here is a couple of slides to understand them a bit further .

Slide 1:


Slide 2:


Slide 3:

[immy]

I saw that USD/CAD has a good structure going on. A nice clean 3 up and a 4 down that came near purple and bounced up YD. then it created a nice tight classic breakout situation early in the am. Entry would have been FO breakout. but it did breakout nicely and then it went side ways. as if traders positioned themselves well for the news due to be released at 3pm uk. News were in favour but before that I found a seed which we could call MIB as it is a nice seed within Setup 2 inside the box and after a fresh cross. All we needed was one dark bar at 14.00 broker time an we'd be set for a lovely Grant Seed long. However that did not happen. But since its h1 and we had time i dropped to M15 to see what was happening. And I found a convincing Setup. So I took the risk and targetted TZ1 of H1. Secretly now I'm wishing had I not setup TP using M15 because it was a perfectly valid seed by the rules of Seed Trading! Gator was open, fresh cross on eWave and possibly going into wave 5, which is now a Wave 3. So there might be some good Famous tomorrow for Sammy to take! lets see what happens. Well so I took 1.5:1 where as I could have been in it with floating 4% even now, as its not yet broken the low of any h1 candle. :o3

Pictures on M15 and H1 attached.

Now time for PEER-CD analysis

Pair: USD/CAD
Entry Signal: Seed/Setup 1
Exit: TZ1
Result: 1.5R
DS: 0 (its not part of my plan to trade m15)
Comments:
Above

[immy]

PEER-CD Analysis

Pair: AUD/USD
Entry: Seed
Exit: TP
Result: 1R
DS: 0 (Dropping to M15 is not part of the plan)

Comments: Just like USD/CAD I saw Aussie but this one had a big strong drop. I was monitoring some Fruit shorts on the h1 and took profits before this. Later thought I could find, may be, a good seed short. So I dropped to m15 and saw a good strucutre. Not really great because the drop was rather too strong. But ya never know. Later I observed market was switching sides. I took 1R and Ran!


BTW: How to Trade The Apple and Cherries Seeds on M15 Currencies

If you use the same settings as dax m1, and trade 3 or 4 Currencies, you'll do very well. Just adopt the same Grant's Rules for Validation and The 2 rules for filteration. and apply them to Currencies on M15. Make sure your entries are in line with H1 (using the Gator open analysis on H1 and making sure the position of the Seed within M15 wave as well as within h1 wave is not too late into the move)

And the other way to do this is to trade The Famous setup or you could do both!

[immy]

PEER-CD Analysis
Pair: Gold
Entry: Fruit
Exit: TP
Result: 2R
DS: 1 but 0

Comment: An intuitive out of the system (one off) short. I just wanted to play with it. It was a trade idea inspired from Multi time frame analysis. When I said, "I'm short on Gold since last night" Sam, the Famous Guy, asked me, in skype group, "why are you short when D1 is showing long trend."? [paraphrase]
My reply was, that I saw, on H4, a B trap setup. Meaning, there was a possible C down. So I though, this fruit might be the C of the B trap. and if A=C then I will catch this C down on H1 and take profits near levels to the left. I was also expecting meanwhile that Gold spikes nicely when it moves. So when it does spike, i'll take my profits. It hit 2:1 TP anyway.

[Sonata95]

Thank you for your post H1 trading. I love higher time frame trading because it will be better risk:reward than lower TF for the people who do not have a gift trading skill, low discipline score and mental problem (fear & greed).

I love to do H1 signal but I do not enough time to follow H1 signal and will be missed. I hope once day I will move H1 TF when time available as I know result will be better tha H4TF

[immy]

Thank you for your post H1 trading. I love higher time frame trading because it will be better risk:reward than lower TF for the people who do not have a gift trading skill, low discipline score and mental problem (fear & greed).

I love to do H1 signal but I do not enough time to follow H1 signal and will be missed. I hope once day I will move H1 TF when time available as I know result will be better tha H4TF

Thang! Thank you for your comments.

I'd say there is no reason for you to worry or wish for days when you will be able to trade h1. H4 will do you good. Stick to h4 and take good signals. Keep chatting with us like you do, in Skype, and you'll be in tune. People often change too often and without being part of a group is a like a lone hunter. Humans have survived and became the cleverest because humans hunted in packs! A group formation is better for human psyche!

keep going.

[immy]

It is very important to trust and continue to take objective actions as you process
the trading signals generated by your system.

We have to learn to accept and take action based on the information given to us by the market
through the medium of our trading system. We have to accept and understand what the chart tells us
rather than focus more on our "feeling" about it.


Don't trade with your feelings or what you think about the markets. Our thoughts often take us
into the future trying to predict or they take us to the left of the chart pondering over the past.
Our thoughts make us look into the history tab of our platform or the running profit and loss for the day.


One average we experience and process 60,000 thoughts a day. And these thoughts make themselves
known to us and get manifested inside our body as emotions and feelings. Yes, thoughts manifested
are emotions, we feel emotions, we feel the manifestations of our thoughts. When you feel anxiety,
stress or boredom it is because of the thoughts you have processed earlier.
The thought process happens ahead of those emotions.


So when you become aware of your emotions that you don't want or like you know that you have been
thinking the wrong things. If you remain conscious at all or most of the time you will be in control of how you feel.


So our feelings are our feelings. They are inside of us. But the information that we see on the chart
are coming from outside, from the external environment. They become part of our inner self, the
internal environment but don't come from within.


What we need to is to respond in the manner that is the most objective and accurate. In order to
achieve that we have to find out and decide and document our course of action well in advance. The
actions that we take must have been already planned ahead of time.


Stop judging your template, your trading system or signals. Simply accept the information and take
actions accordingly. If you're not sure then say no thank you with gratitude. But keep an eye open.


When the game is over you'll have the chance to go over the days performance and find out how well you did.
IF you have passed valid set-ups you can then compare and analyse why did you perceive what you did and
why did you take the course of action that you took. Was your perception correct or was it not.
If it was not, was it due the cloud of fear and greed or other emotions or was it based on market generated information?


If it was based on "objective" mental and technical analysis then you have done well but if it was a result
of any of the negative emotions then you've made mistakes. It is time to enforce your disciplinary procedures
which should have been laid out in your written trading plan.

Just a quick note! (rock)

Edit: 21:00 After writing the above engaged with a skype late night discussion with Shakaal Paitor! and ended up writing a summar of How to Trade Apple Cherries and Seeds:

Adding it to the first post of this journal. CLICK HERE to READ http://www.itradeaims.net/forum/viewtop ... 029#p22029