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

[immy]

What's M5 saying to us on this long here. ?

Market's moved quite a lot. But that could be lie. though it has merit. this may look like a good setup and we ought to take it but we should also know that there are more chances of Prices NOT moving than moving. This is rather subjective and common sense type of thing. but I say it because thats teh thought process and to gain confidence in a setup all these extra things are also important. if you have a "but" somewhere in your mind, it would be hard to stay or even take a setup.

[immy]

What's M5 saying to us on this long here. ?

Market's moved quite a lot. But that could be lie. though it has merit. this may look like a good setup and we ought to take it but we should also know that there are more chances of Prices NOT moving than moving. This is rather subjective and common sense type of thing. but I say it because thats teh thought process and to gain confidence in a setup all these extra things are also important. if you have a "but" somewhere in your mind, it would be hard to stay or even take a setup.

Survived the retrace.

[immy]

What's M5 saying to us on this long here. ?

Market's moved quite a lot. But that could be lie. though it has merit. this may look like a good setup and we ought to take it but we should also know that there are more chances of Prices NOT moving than moving. This is rather subjective and common sense type of thing. but I say it because thats teh thought process and to gain confidence in a setup all these extra things are also important. if you have a "but" somewhere in your mind, it would be hard to stay or even take a setup.

Survived the retrace.

If the belief system was strong. If I believed that there is alot of more price action to the upside left, meaning if I believed it has more ommph, more juice in it, or lets say, had it not done 150 pips before this setup i'd have added on at S2 126.39.

[immy]

What's M5 saying to us on this long here. ?

Market's moved quite a lot. But that could be lie. though it has merit. this may look like a good setup and we ought to take it but we should also know that there are more chances of Prices NOT moving than moving. This is rather subjective and common sense type of thing. but I say it because thats teh thought process and to gain confidence in a setup all these extra things are also important. if you have a "but" somewhere in your mind, it would be hard to stay or even take a setup.

Survived the retrace.

If the belief system was strong. If I believed that there is alot of more price action to the upside left, meaning if I believed it has more ommph, more juice in it, or lets say, had it not done 150 pips before this setup i'd have added on at S2 126.39.

Result:

[immy]

What a Lovely Setup on EU M1. M5 direction was up. Not very clear but nice... Unfortunately I did not take it as I was busy watching EJ. I missed the initail bit on EJ and wanted a little scalp. which ended up in nothing. Never mind. Here is a pic. Why do I keep posting it? So that you see what I see and so we could both learn from each other!

and more important than that! It keeps me on the right track. I keep giving my subconscious images of WHAT I WANT! (and I don't let it see too much, i mean i don't let it see repetitive images of WHAT I DON'T WANT. Because it takes it for granted. It records everything you show it and keeps doing that. If you tell your child, "listen, I know you don't swear yet, but if you ever say F*** You I will NOT like it so I'm tell you in advane don't you dare do it. That's it. You've just activated the child's mind. You've just helped the child CREATE in his/her mind what did not exist so far in his/her universe. She will definitely be so curious that she will ignore your warning and rest only once she finds out what F*** You is. ) LOL. Here is the picture of WHAT WE WANT

[immy]

The EJ that I did not take properly! haaha

[Grant]

Afternoon

my EJ m1 trades from this am...

nice move to make it a thread rather than a journal guru ^:)^

Grant

[immy]

EJ is keeping me busy! she is a princess! a Japanese Princess... a busy one... haha.

[Erik]

i got also rent at 13:55 on ej then got +15 at 14:29; eu was also a nice setup
Erik

[immy]

Afternoon

my EJ m1 trades from this am...

nice move to make it a thread rather than a journal guru ^:)^

Grant

You are truly welcome. I think this way we may get alot of guys participating. So come one buddies, through in your charts and words!

And thanks for sharing your charts Guru Grant!" i love it!