PaulF's Journal

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PaulF
Posts: 276
Joined: 18 Nov 2011, 09:15
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Re: PaulF's Journal

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Friday 27th July, Trade 2, EU, -5.7:
20120727eu-01.gif
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PaulF
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Re: PaulF's Journal

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Friday 27th July, Trade 3, AU, -6.2. I am shit.
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PaulF
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Re: PaulF's Journal

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Friday 27th July, Trade 4, EJ, -4. Yawn.
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PaulF
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Re: PaulF's Journal

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Friday 27th July, Trade 5, GU, -8. And what happened afterwards has just about finished me off. I'll finish for the day now before I murder someone.
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PaulF
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Re: PaulF's Journal

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Monday 30th July, Trade 1, EU M1, -5.4.
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PaulF
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Re: PaulF's Journal

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Monday 30th July, Trade 2, EJ M5, +17.8. Took profits ahead of the 4Hr Low.
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PaulF
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Re: PaulF's Journal

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Monday 30th July, Trade 3, GU M5, -7.8.
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PaulF
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Re: PaulF's Journal

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Tuesday 31st July, Trade 1, EU M5, breakeven.
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PaulF
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Re: PaulF's Journal

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Tuesday 31st July, Trade 2, EU M1, -2.1.
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PaulF
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Re: PaulF's Journal

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Hi

I've gone quiet! Actually I've had a crap run of results and realised that I don't "get" the latest AIMS setup properly. Immy asked me to post on here what is confusing me.

I think I have two (big!) problems:

1. I don't understand how to filter trades by looking at the higher timeframes. I can see that the gator is open on M5 and M15 but people cleverer than me look at the AO as well.

Now I can guess it's ideal to have what might become a wave 3 starting on both M5 and M15 but I don't understand when else people will take or skip a trade based on looking at higher timeframe AOs.

2. I don't know what trade management we are advised to use any more. I think people are moving towards using the AIMS boxes for stop losses and looking less at the dots any more.

In addition I am frustrated by seeing people getting winners by taking what looks not to be a perfect setup on M1 - e.g. the gator is still pointing slightly down on a long trade. Then I take what I think is a perfect setup and grab another loser!!

Help!
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