PaulF's Journal

[PaulF]

Trade 4, -0.9. Can't buy a winner this week!! :-s

aims-eurusdsb-20120403-04.gif

[msk185]

Hi Paul

I took the last three of your trades with similar outcomes, on your first one the red dot candle looks to have broken the aims box (makes it a pink candle on my system) which usually means best to wait for a new aims level to form and enter on break of that level.

Lets hope for friendlier setups tomorrow

Mike

[PaulF]

On your first one the red dot candle looks to have broken the aims box (makes it a pink candle on my system)...

Hi Mike - Thanks for your reply. The first one is an entry below the M5 AIMS level, I should have pointed that out.

[PaulF]

Thursday 5th April.

Stop the press! A winning trade +7.7! Took profit above the 15m AIMS level.

aims-eurusdsb-20120405-01.gif

[immy]

Thursday 5th April.

Stop the press! A winning trade +7.7! Took profit above the 15m AIMS level.

aims-eurusdsb-20120405-01.gif

A perfect Setup indeed. It may be hard to wait for such setups, you may end up not even trading the whole morning or even a day. But if you want to be consistently successful and want to trade the AIMS Setup properly you have to understand this is the setup. We are trend traders and that means we want to trade in the direction of the trend and only that. So the more time frames in your favour the better. Some times there may be times when e.g. H1 is retrace back to alligator's mouth after going considerably away from it that m1 may setup against it adn give you good pips but during lower volatility periods like the past few weeks, when even the daily average falls below 100pips it might be best to trade only the direction of the trend on most time frames. for now all the way upto H1 comes under the domain on M1.

So here is a picture.....

ps: Well Done on that trade. Just keep doing it.

[immy]

Thursday 5th April.

Stop the press! A winning trade +7.7! Took profit above the 15m AIMS level.

aims-eurusdsb-20120405-01.gif

A perfect Setup indeed. It may be hard to wait for such setups, you may end up not even trading the whole morning or even a day. But if you want to be consistently successful and want to trade the AIMS Setup properly you have to understand this is the setup. We are trend traders and that means we want to trade in the direction of the trend and only that. So the more time frames in your favour the better. Some times there may be times when e.g. H1 is retrace back to alligator's mouth after going considerably away from it that m1 may setup against it adn give you good pips but during lower volatility periods like the past few weeks, when even the daily average falls below 100pips it might be best to trade only the direction of the trend on most time frames. for now all the way upto H1 comes under the domain on M1.



So here is a picture.....

ps: Well Done on that trade. Just keep doing it.

Does this picture remind of a picture on page 15?

[PaulF]

Thursday 12th April

Trade 1, -5.4

aims-eurusdsb-20120412-01.gif

[immy]

Thursday 12th April

Trade 1, -5.4

aims-eurusdsb-20120412-01.gif

BobbyF

I took the same, same result. However, I did manage to take that short just before this. I was hoping ot get into 5ht on this one, obviously did not work out. But the previous one was a very nice setup. Risk was low. I added on which resulted in a +23+11+1. This was certainly a setup 2. (pink dot setup)

cheers

[PaulF]

Friday 13th April. Trade 1, b/e.

No M5 trend, but it was just after London Open. Moved SL to BE quickly given the M5 200ma.

aims-eurusdsb-20120413-01.gif

[PaulF]

Trade 2, another b/e.

SL straight to b/e as it may be wave 5 of wave 5.... (turned out to be wave 3 on M1).

aims-eurusdsb-20120413-02.gif