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

[immy]

Hello Everyone Welcome to a brand new year of 2018...

I wish you all , again, a very happy and successful new year...

Hope everyone have had a great holiday period and/or still enjoying the last week of holidays.

I'm still off trading this week but will trade the major news etc. Kids are off until next Monday so no full time. But i'm ready and excited for this year. This year will be another year of great returns and we will have a lot of fun on m1 and h1.

I have my plan ready hope you do to. We gonna keep it simple and straight forward. We'll trade the same setup 1, with hunt signals into TZ1 ... that's it. It works... and before I go, isn't it fantastic to see this new year started with a Perfect Setup 1 short on UJ H1? See ya soon

[Tomi]

Yes yes, waiting for trading! Plan for the month is ready. This week is still school holiday time and then back to normal routines. However, I will trade NFP. This will be a fantastic year!

[immy]

B4-T1
DAX
M1
SL 6
TP 12
SL to BE : yes
Result in Pips: 12
Result in R's: 1R
Result in DS: 1
Total DS: 1/1



2R

[immy]

So here is what we see on the D1 chart (not all data is available)

A B Trap ... below I will show the underlying structure of the B Trap using a 4hr chart.



Here is the D1 B trap

[immy]

B4T2 = 2R DS 2/2
This post is in my blog here http://www.itradeaims.com/2018/01/dax-r ... -2018.html

US Session and chart so far .

[immy]

Not a very exciting london sesssion on dax.

Eventually there was a tiny breakout and pullback that created Cherry which required quick PO and turned into a RENT ... NEXT

DS= 1 3/3

[immy]

Not a very exciting london sesssion on dax.

Eventually there was a tiny breakout and pullback that created Cherry which required quick PO and turned into a RENT ... NEXT

DS= 1 3/3

[immy]

B4 - T4 DAX M1 S 1 into 5 Short
PO


PO AGAIN


possible b trap



Entry and BE

https://www.mql5.com/en/charts/8145873/ ... l-services

TP missed by few pips. exit on gator



DS 4/4


PS: B Trap is found on m5. If it wsa B Trappy on M1 i won't be trading it. But sometimes I can trade a possible B trap on M5. Because it still gives me enough space for a BE adn in case it turns out tobe slightly larger wave or fails to B trap i still get my 2R.

[immy]

[immy]

Its important for me ot have the m5/m1 shown as split window. I constantly monitor the m5 chart and consider the M1 chart as the Zoomed in box of a portion of my m5 chart.



I also look at waves in a certain way. I analyse the waves and waves within waves. To make it more logical I recently created an table in order to objectify what goes through my head. This might look like complicated at first, but it really does not take time to think, because the BRAIN thinks faster than it reads.

Here is a Link to a Google Sheet. Please have a look.

Code: Select all

https://docs.google.com/spreadsheets/d/e/2PACX-1vRqlwrUPQK0-cQNSBR-VtG3e_fc6dFsFdYdTOYV5kva2QV7uu25IgGR3Mm6_QD97MuMSC_-gpkku0nP/pubhtml?gid=0&single=true

If the link does not work for you , you can still have a look at the screenshot here below. (note that future changes won't updated on this image below)



Note: its still a work in progress. I have a feeling it might lead to something of a pathway for those who want to understand how to use waves.