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

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
Post Reply
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

Tomi wrote:Almost ;)
(hug)
You do not have the required permissions to view the files attached to this post.
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

EUR/JPY H1 Setup Results

and EJ M1 Longs Trading the 4th wave. or reversals.
You do not have the required permissions to view the files attached to this post.
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

EUR/JPY M1 : Long from 124.56 - SL at 124.53
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

Whats Bad about M1? When M5 is in a fourth wave, and you trade m1. You're literally inviting them to take your money!
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

YOU MUST ALWAYS KNOW WHICH WAVE IS M5 DOING. Not because it will help you PREDICT THE FUTURE. Alot of us get this wrong. Many think that we use eWave to predict the FUTURE> NO NO NO> We use eWave to KNOW THE NOW> if you're in 3rd of M5. be aggressive on m1, in that direction. if you're in 4th on m5, stay away and give it time to settle. then you may try again for another setup. But never get hung up with the wave count. thats where purple kicks in. so if m5 is in 4, m1 will clearly show sideways market. stay away. when m5 is in 5, be aggressive on m1. then STOP.
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

moreover, if you're in 3rd of m15 or h1, you may expect many strong 3's and 5's in that direction and some 3 and 5's even against it. Don't over analyse. Stick to one time frame. Stick to m1/m5 combination or if its confusing stick to only m5. Just trade S1's with Clear Trend. remember another thing, many people like reversals, but then they forget Reversals ONLY happen after a strong trend. So I've seen people trading reversal signals and you look at the chart, there was no trend. So Remember REVERSAL ARE ONLY DONE AT THE END OF A TREND.
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

GU M5 was not of interest to me today. WHY? I looked at h1 an found a completed wave. Toward the end of a wave, it loses monetum. So there will no power in it. And if does not have power it wont produce good setups. It certainly looks ugly but Right now. there is an M15 setup. after a completed wave on m15? will you take it?
You do not have the required permissions to view the files attached to this post.
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

Long from 124.56 closed for Rent -3. went short 124.515 SL at 124.38 - 13.5 Locked. Addon at 124.38 SL BE.
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
15

Re: The Tales of Immy and The AIMSters

Unread post by immy »

immy wrote:Long from 124.56 closed for Rent -3. went short 124.515 SL at 124.38 - 13.5 Locked. Addon at 124.38 SL BE.
Out. with +27 + 14
You do not have the required permissions to view the files attached to this post.
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! 🍌
User avatar
Grant
Posts: 943
Joined: 14 Aug 2011, 14:52
14

Re: The Tales of Immy and The AIMSters

Unread post by Grant »

Afternoon

short pm session for me but was more productive than the abomination that was this am...

chart attached

Grant
You do not have the required permissions to view the files attached to this post.
success = patience + discipline - greed
Post Reply