Immy's Corner [The Setup The Hunt - T20's and more]
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to Trade The Seed and Cherries [My New Journal]
What is the THE Setup 1 ... How is connected to the HUNT ????
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to Trade The Seed and Cherries [My New Journal]
A tricky Setup 2 or break of the second fractal/box outside the Setup 0 formation. Just wanted more confirmation ...
How I traded LO this am... (i'm back on m1 for a bit... just to teach Jozef how its done... LOL or maybe learn from him instead... (hug) (hug) \m/ \m/ )
How I traded LO this am... (i'm back on m1 for a bit... just to teach Jozef how its done... LOL or maybe learn from him instead... (hug) (hug) \m/ \m/ )
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
Tomi
- AIMSter
- Posts: 954
- Joined: 08 Jan 2012, 19:21
- 13
Re: How to Trade The Seed and Cherries [My New Journal]
Got B trapped also but using a cherry there. Oh well. EUR rate coming and GBP elections. Hopefully market finds its mojo from the news.
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to Trade The Seed and Cherries [My New Journal]
Thanks Tomi. Yes, lets see what happens next week...
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to Trade The Seed and Cherries [My New Journal]
I have a littler quick quiz.
First I'd like you to have a look at the following images and tell me what you think about it. Then Answer the questions below.
Question 1. Do you find these charts have a similar pattern? (yes, they are not identical but do you see the pattern?)
Question 2. Are these pattern from the same time frames? same markets?
Chart 1
Chart 2 Answers:
Currency Pair and Time Frame: Don't unveil until you've spend some time answering the questions. After you unveil this please go and check your charts using your MT4.
First I'd like you to have a look at the following images and tell me what you think about it. Then Answer the questions below.
Question 1. Do you find these charts have a similar pattern? (yes, they are not identical but do you see the pattern?)
Question 2. Are these pattern from the same time frames? same markets?
Chart 1
Chart 2 Answers:
Currency Pair and Time Frame: Don't unveil until you've spend some time answering the questions. After you unveil this please go and check your charts using your MT4.
ABBC3_SPOILER_SHOW
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
Tomi
- AIMSter
- Posts: 954
- Joined: 08 Jan 2012, 19:21
- 13
Re: How to Trade The Seed and Cherries [My New Journal]
Nice comparison. We as traders see the patterns and setups everywhere, every instrument and every timeframe. AIMS scales in and out. One concrete thing affects on lower timeframes and that is spread. Otherwise it's up to trader to figure out what instrument or timeframe is suitable for him/her. For example instruments have different tax related issues between countries. Timeframe affects to traders focus and attention. One can focus on M1 chart perfectly when kids are in school, other can focus on H1 few minutes every hour around the clock, yet one focus on D1 before going to daily activities. As long as there are traders and ticks are coming in constant flow, setups and patterns are there, no matter what is the combination of instrument or timeframe.
People usually say lower timeframes contain too many spikes/false breaks/what ever and therefore only higher timeframes are tradeable. We can see above images that monthly contains same kind of spikes etc as H4 chart. It's the same in M1. Only real difference is spread and trader's mind. This applies of course to instruments that are traded widely, for a stock that has a tick in every 30 mins won't be tradeable in M1.
People usually say lower timeframes contain too many spikes/false breaks/what ever and therefore only higher timeframes are tradeable. We can see above images that monthly contains same kind of spikes etc as H4 chart. It's the same in M1. Only real difference is spread and trader's mind. This applies of course to instruments that are traded widely, for a stock that has a tick in every 30 mins won't be tradeable in M1.
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to Trade The Seed and Cherries [My New Journal]
Thanks Tomi
The Election volatility plus the cad stuff... works great... following is a a few pics of hte GBP/CAD trade identified earlier in the Skype group today.
GBP/CAD H4 Hunt Signals Follow up pics
A Great Setup 1 Example. An Important Message
The T20 Campaigns
Don't think for a moment that the T20 exercise is a way to make money. It is totally the opposite of that. It is your Step 1. Its objective is only to get you to do these things
1. Understand the power of planning
2. Understand the beauty of Training
3. Enhance patience and become disciplined
4. Understand probabilities during actual trading activity. This will lead to eventually developing probabilistic mindset.
5. Break the "get rich quick" myth promoted by system sellers, fake traders, marketers. Understand that trading is a business and it takes time to learn this skill and only then you will get the chance to make money.The rewards , after proper training, are pretty good.
The Election volatility plus the cad stuff... works great... following is a a few pics of hte GBP/CAD trade identified earlier in the Skype group today.
GBP/CAD H4 Hunt Signals Follow up pics
A Great Setup 1 Example. An Important Message
The T20 Campaigns
Don't think for a moment that the T20 exercise is a way to make money. It is totally the opposite of that. It is your Step 1. Its objective is only to get you to do these things
1. Understand the power of planning
2. Understand the beauty of Training
3. Enhance patience and become disciplined
4. Understand probabilities during actual trading activity. This will lead to eventually developing probabilistic mindset.
5. Break the "get rich quick" myth promoted by system sellers, fake traders, marketers. Understand that trading is a business and it takes time to learn this skill and only then you will get the chance to make money.The rewards , after proper training, are pretty good.
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to Trade The Seed and Cherries [My New Journal]
I will be keeping my journal entries etc. on my blog from now on. 
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Trading Fruit Signals in Line with D1
Fruit is apparently a counter trend strategy. Not really. It just depends on your perspective.
We take fruit at the spots where we look like fools to the market. But they look more like fools when the fruit campaign is up with 5 entries and gains that look unreal to the rest of the world. USD/CAD presents a good example.
so basically if you're trading the Fruit method this is a very good method to apply. Check the D1 charts. Look for open gators. Now wait for those counter trend signals on h1 or fruit campaigns at the top of wave 5. the will take you into trades that are in line wiht trend on d1 despite being counter to H1. This will get you into the trade well in advance.
basically I tell myself I'm trading the D1 chart. But when I can see clearly, tis moving and pulled back. I can actually go to h1 or h4 and grab a lovely fruit campaign. not looking for it on h1. that coudl take too much time. zoom out and when you see the potential of opportunity arising, focus and zoom in on that... and kill
We take fruit at the spots where we look like fools to the market. But they look more like fools when the fruit campaign is up with 5 entries and gains that look unreal to the rest of the world. USD/CAD presents a good example.
so basically if you're trading the Fruit method this is a very good method to apply. Check the D1 charts. Look for open gators. Now wait for those counter trend signals on h1 or fruit campaigns at the top of wave 5. the will take you into trades that are in line wiht trend on d1 despite being counter to H1. This will get you into the trade well in advance.
basically I tell myself I'm trading the D1 chart. But when I can see clearly, tis moving and pulled back. I can actually go to h1 or h4 and grab a lovely fruit campaign. not looking for it on h1. that coudl take too much time. zoom out and when you see the potential of opportunity arising, focus and zoom in on that... and kill
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: How to Trade The Seed and Cherries [My New Journal]
Here is an observation on EUR/USD
A follow up post on the discussion going in the skype room. Well not a discussion more of a what happens eveyrday sort of thing... Why the short on EUR/USD was a good one and why I felt great about it.
ok now unveil the picture below
ok now unveil the picture below
A follow up post on the discussion going in the skype room. Well not a discussion more of a what happens eveyrday sort of thing... Why the short on EUR/USD was a good one and why I felt great about it.
ok now unveil the picture below
ABBC3_SPOILER_SHOW
ABBC3_SPOILER_SHOW
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!