Ray's amnesty page

[wiseambitions]

8.40 approx. Took a short on price breaking thru lower Aims on M1

It was a bit scary when one or two opposite signals came through, I wasn't sure of the rules but I had set SL just above the box, with the thought of reversing the trade position if I got stopped out. Anyway, good result, I let it run for 15pips approx and manually closed.

I also broke a rule about opening a trade, as I found the broker would not permit a pending order very close to the spot price. I haven't seen discussion about this on here yet, but presume it's something others also have to live with, unless there is a list of brokers who don't give us this problem?

[immy]

Hi

Congratulations on your first post in your journal. If you keep a journal you will excel faster and become a very good trader in short time. well done.

Your trade is a very good one. But there is work to be done. I don't want to write down all the list of things but I'll say that you still need to understand a few more things. So carry on and you'll get there in time.

a few hints? Need to understand that our entries should outside the Gator's mouth, meaning all three lines plus purple should be on the correct side of your entry. when you get an exit signal its time to get out.

it would be best to learn to trade AIMS with AIMS indictors, don't add don't remove anything until you've found your own style. Many new traders do this, they mix and match but it does not work. So give AIMS a chance at least a few months before you change. And even then I'd say dont change.

I hope it helps. and please keep sharing your trades, it would keep you disciplined.

[wiseambitions]

Thanks Immy

The m1 requires a lot of attentiveness, fortunately the audible alert helps

10:51, took another short, on downward cross of purple line having dropped below AIMS box 2 or 3 minutes after DA

Found I cannot reset SL within 10pips of the spot price with this broker, will need another

Set it for 12.5TP and did not exit manually, which was achieved after about an hour and after one or two moments when I could have taken fright on account of price touching the blue as well as green and red.

Anyway it all ended well, if it goes a bit further great joy to anyone who has the patience and rides it down, but I didnt want to be too greedy before going for my own lunch

[wiseambitions]

I'm enjoying this, took another trade and really must go and have some lunch!


I know I should have got out of this system on a retrace, but the gater was mouth open, and I just had a feeling it wasn't going to recover for long. Fortuitiously it paid to wait, but I broke the rules [-x

Another 13pips, I think I'm over 40 today by now, lovely system!

[Mdock]

I also broke a rule about opening a trade, as I found the broker would not permit a pending order very close to the spot price. I haven't seen discussion about this on here yet, but presume it's something others also have to live with, unless there is a list of brokers who don't give us this problem?

Hi, congrats with your journal

About the stop level it's important to be able to set pending orders part of the system.
Myself i've a stop level of 1.2 pip on eurusd, only pair i trade on the moment and i have no problems with pending orders.

some link with info http://www.100forexbrokers.com/brokers- ... equirement" onclick="window.open(this.href);return false;


Cheers Mdock

[wiseambitions]

6 am Thursday, I did not take the trade, because I thought (sometimes it's dangerous to think and not just follow the rules!), that it was a bit too early prior to Europe opening

However I saw an interesting situation on EU, that m1 m5 and m15 were all liable to jump out of their Aims boxes, with a bias to going up.

And yes, within an hour there were a good 15 pips on the table

Interesting that we've heard here a time or two lately that strong moves can occur when these conditions exist

Also just for this chart I've added back in the Bollinger Bands, as I have previously heard similar things said that when you go into a tight band there's a likelihood of strong breakout. Of course, in following the Aims system, the aims box replaces the need to plot the bollingers

[wiseambitions]

Definitely had some fun with this thing this afternoon, several trades, 33.3 pips in 3 hours


takes a bit of explaining what the trades were based on, but it's bed time

[wiseambitions]

This system doesn't cease to amaze me


I started chart watching at 7am London time, and finished at 2pm, by which time I'd taken more than a dozen trades on m1 and m5 €$

Beginner's luck continues. Inevitably I got some of them very wrong, but at 2pc risk I could cope with the drawdown. I missed that lovely long trade starting just after 8 because my VPS on which the platform sits was slow responding and I couldnt put in the order, there was also an incredible amount of whipsaw between about 11:30 and 12:30, then a decline and a massive bounce back between 1:30 and 2:00pm

In all I'm up 89 pips, which at an average SL of a bit over 10 (rather wide I agree), all I need say is the ROI equates to what I'd find acceptable in one month, all in one morning. So I'm done for the day, I don't want to make a mistake now.

This system really flies! ^:)^

[wiseambitions]

A lovely couple trades this morning, which I took at 07:58 and 9:49 on breakouts on M5

Sorry the template for the system isnt on the attached chart which just shows the length of the trades, one was only 10 minutes, for 10 pips!

2 per cent twice, I'm still loving Aims! (hug)

More than 125 pips since Friday Morning on my SB account, ROI in 3 days is over 21% on that platform ! ! ! !

[wiseambitions]

Tuesday pm, there was another lovely trade 12:56 to 14:25 on the euro, based on an m5 breakout

There were one or two scary moments, but not close enough to hit SL

A nice hat trick for today, approx 35 pips

I think it best I call it enough for today! i-)