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

[immy]

Would it hit the TZ1. Does it have more power? Or am I just addicted?

It just does not want to move! and I guess I have an idea why? (rofl)

[immy]

i took the same scalp u did, yes main trade was long, i took the BLT at 17:56, but exit on the retrace, was a mistake, as all HTF say long and M5 has just started wave 5, Took +21 though

Imagine if you had let all these three run and exited where you exited.... 60+ now that would be nice. but that needs a STRONG belief system. and you will get there sooooon!

[immy]

I want to put emphasis on this statement.

If You are Not Having Fun! You're Doing it ALL Wrong!

I want you to read this again. And one more time. Its not a lie. Its not just an opinion. Its not just a saying. It is the TRUTH but more than being a truth its a FACT. If you want to make money trading, you have got to learn to be in the zone when you trade. I'm going to talk about the 4 things conditions that allow you to experience the zone. but put simply, you cannot experience the zone if you're fearful. And the complete 180 degree opposite of FEAR is JOY! The State of Joy. Every human being should be in the state of joy.

"The essence of what it means to be in "the zone" is that your mind and the market are in sync."

Now, You cannot suddenly decide to enter or exit the zone, but these four conditions, I learned from my guru, allows you to experience the zone. They are like the necessary environment for it to happen. These conditions may be pre-requisites if you like. Ok, chances are It may happen without it, (may be i don't know if its true) but there are higher chances that you'll enter the zone if you Create these four conditions around you and within you.

1. Enjoyment: Before you put your first trade. Bring yourself to a state of joy. I don't care if its true or false. Just bring yourself to a state of joy. Even if your brain tells you , you're lying just ignore it. Bring yourself to a State of Joy and have a blast.

2 and 3: Focused Yet Relaxed: Do everything to remain completely focused yet relaxed. You must learn how to remain focused and still not enter the state of anxiety. You need to be focused but stress and anxiety free. In order for your brain to alert you to the right opportunities you must maintain a sharp focus. Do everything you can, find whatever technique that suits you to bring yourself to be focused but at the same time, remain relaxed. Many people get stressed while trying to concentrate too hard. You don't want that. You want to be relaxed in a state of joy still very much focused. Exactly like the calm and relaxed predator who's about to attack its prey. Be Still (in your mind) be focused and ready to pounce! BEING IN THE NOW is the Key to remain Focused yet relaxed and free of extreme anxiety. A little bit of stress and anxiety may even be required for most of us to keep us alert. Staying in the NOW allows you to be focused Objectively.

4. Self-Trust: Before you put that first trade, or before you start a session or your day, check how confident you are. If you're not confident you probably don't trust yourself. If you mistrust your ability to trade and trade correctly, you'll have to work on it and do everything you can to bring yourself to a level where you take complete responsibility and trust in your own unique abilities and skills. You must LOVE yourself. You must become in Love with yourself. You should know that you are the best.

The best trades are the easiest trades. Because they are made while you're in the zone. Successful Trading Cannot be sustained and consistency not achieved without experience the zone every now and then. So now you know the conditions that are conducive to allow you to be in the zone. What are you going to do about it? This is where people get stuck. Many don't take ACTION. But I'm sure you're not one of them. Are you going to take action and do something about it? Are you going to ACT? The Choice is Yours!

[wiseambitions]

Wow, that's a fantastic analysis

I was wondering just now how to control emotions and impulsiveness, to the extent of having a book in which I sign off my permission to enter a trade and to make any mid-trade adjustments eg to TP and SL.

I havent posted any pictures of my trading today, but I managed to take 3 good EJ sessions, and roll up my account some more. It has been a great month so far. I am out to beat your 450pc in a month!

Also I'm working on getting some new members for Aims. I have been called a genius for calculating the fib extensions so accurately in another discussion area. (Obviously using the Aims/Ewaves systems). So hopefully they'll be interested enough to come on board soon


Keep at it.

[immy]

Way to go Ray! nice

[immy]

Good Morning!

I had a bad start with a couple of rents on EU and EJ but soon recovered. It was hard to go long but later I realised the short was "expectation" zone and longs were "in the now" trades. Had a go at GU m5 and added on on m1. ended well. I'm off till NY.

cheers

[immy]

EJ, Wave 3 up, so defo a reversal or trading the C on Wave 4. whatever it is. its not a money maker... though it was fun entry.

[immy]

What is a PC and when is a PC NoT a PC

[immy]

staying away until the chop and volatility calms down TAKE CARE.

[Tomi]

Saw the correct PC but didn't want to trade it. Because guru said earlier that trade these only in trending market. Now market is just ranging......in 60 pips range (rofl)

Anyway, difficult day and better to do something different kind of FUN until markets decides what it want to do. I haven't taken trades today.