Herbert's trades for discussion

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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Great Immy!!!

With all the extra lines i have on my chart, they all would have meant absolutely nothing without the AIMS perspective.
When you upgraded the Aimsigator for us to colour the non-trade areas between purple and balance line as i got it, i at first thanked you and Steve for catering for "beginners" as a visual aid. Well, guess what? I now do not trade without that colouring. Indispensable!!! I am a very visual person and the Aimsigator like this is King!! It keeps my mind focused and bugs out of analysis.

Yes, AO was still red and Alli not perfect, expectancy per AO wave labelling was as you mentioned. AIMS factors for me was momentum AO dark bars angle and separation towards and at "close to ZL" and aimsigator 5min momentum as well as price sensitivity to 5min aimsigator red..

In short, core trade decision based on AIMS principles.
Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Trading 1min P5 in 5min w4. Initial TP decision was at (A) red trendline TZ1(13pip), then decided to hold with aims box SL, to lower levels while watching breach of aimsigator and upper trendline, AO hidden div.... :@)
+2 ;)
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Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Thought on above trade, my profitability is dependent on my trading plan.
The market maneuvers and/or nature of it, is already covered/contained with-in the AIMS method we trade. Now that is a nice place to be...... lost pips or not.... ;)

Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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immy
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Re: Herbert's trades for discussion

Unread post by immy »

I took the short and managed 8.9 pips. I exited just before the black dot. I waited for that divergence.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
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immy
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Re: Herbert's trades for discussion

Unread post by immy »

immy wrote:I took the short and managed 8.9 pips. I exited just before the black dot. I waited for that divergence.
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Absolutely correct excecuted Immy!!! Did you notice the :@) in my post. (rofl) It comes with a price...

**EDIT** Hhaha, that's it Immy, rub those $$ bags in my face..... :))
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

9 pip aims box, tweezer bottom on support, nice narrowing of aimsigator, adding strong AO crossover for a power-formula entry. Target hit at previous top to left and fib 78.6 as expected.
Notice the P5 structure in the background.... my bias for long.
+14
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Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Herbert's trades for discussion

Unread post by Herbert »

Already 4 consecutive red candles vs. a 20 candle AIMS break... took it as it was at AO crossover. Intitial 11 pip SL, followed as by orange box tops.
TP was much lower but with AO momentum/divergence and pin bar, closed manually.

+19
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Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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immy
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Re: Herbert's trades for discussion

Unread post by immy »

Herbert wrote:Already 4 consecutive red candles vs. a 20 candle AIMS break... took it as it was at AO crossover. Intitial 11 pip SL, followed as by orange box tops.
TP was much lower but with AO momentum/divergence and pin bar, closed manually.

+19
1406b.png
Very Well Done! \m/ ^:)^

I managed only 15 as I exited before you. Nice. There was a very nice setup 2 add-on even with an arrow this time that I missed, may be I was talking too much.

(rofl)

cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
Topher
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Re: Herbert's trades for discussion

Unread post by Topher »

Superb trading Herbert.
Seeing setups like these makes me wish I was in front of my screen.

Richard
The forex market will pay you well for discipline.
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