Humpha's big wave journal

[Topher]

Nice one Tony and good to see you are live on M1.

Richard

[snorm]

I have watched the 1min charts for the last 3 nights and haven't takin a trade. I am now live on 1min charts but trading small lots sizes until more confident. This is my first live trade this week on 1 min. Aud/usd +5

10-5-12 audusd.gif

Hi Tony

I seldom comment on trades but that is such a great looking setup. Fantastic W4 and hitting TZ1 with confluence at previous low. Shame it only had 5 pips, for such a high probability trade, but great going for getting it. That is definitely one to post on the Visualisation of Positive Trades section http://www.itradeaims.net/forum/viewforum.php?f=70" onclick="window.open(this.href);return false;

One of those a day, even at 5 pips, is enough to make billionaires (wd)
All the best for more ...
Steve

[Herbert]

Now that's how to Humpha wave... (rofl)
No wonder Steve got excited..... a 5wave correction, trendline and all........ (*) Load the double barrel then...

Herbert

[humpha]

Thanks for the comments gents, -2 pip rent here. Wasn't correct set up so set po below the 5min level. Thought if it breaks it may go and AO was orange. Gave myself a quick slap to the head for breaking the rules - NEXT

14-5-12 audusd.gif

[humpha]

1 HR trade GBP/USD set up was possible wave 5 down and confirmed with 4hr chart in down wave. I have had limited time to trade lately so have been quite picky, hence limited journal entries. I am keen to put a lot more discipline into the 1hr / 4hr charts. I have seen many 1 hr set ups succeed trading the break of the 1hr aims box and reach the 4hr high or low. I will start to set my tp within this range and adjust my lot size to gain my 1%. Below is +29 pips, .6%. The trade still kept going but I was happy I set my target and got out.

16-5 gbp-usd 4hr.gif

[immy]

1 HR trade GBP/USD set up was possible wave 5 down and confirmed with 4hr chart in down wave. I have had limited time to trade lately so have been quite picky, hence limited journal entries. I am keen to put a lot more discipline into the 1hr / 4hr charts. I have seen many 1 hr set ups succeed trading the break of the 1hr aims box and reach the 4hr high or low. I will start to set my tp within this range and adjust my lot size to gain my 1%. Below is +29 pips, .6%. The trade still kept going but I was happy I set my target and got out.

16-5 gbp-usd 4hr.gif

Very Well Done... Unfortunately I had analysed it and slightly over analysed it, found that H4 trend was down but Wave was old so hesitate, and probably the lefty got the better of me and I found at that time that Gator lines were open to upside. I choose not to trade only to see it drop like crazy. So I went on lower time frames later on got some pips out of it but missed H1. Well Done.

[humpha]

Read Snorms 5 wave corrective pattern in the advanced section and then scrolled through the charts to find this little gem unrolling before my eyes - AWESOME, nailed the TZ1 to the pip (wd)

sample.gif

[Bettina]

Great ! I didn't dare to take it, because M5 Alli was not really open south, at least not in the beginning, but good catch !
Bettina

[humpha]

Bettina,
I didn't get the trade either but watched it unfold. It was slightly surreal after reading about the set up not 5 minutes before. Many pips to you.

[humpha]

Aud/Usd -3

16-5-12 audusd.gif