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

[Michal]

I'd like to thank you Guys for all the effort you put into your work so guys like me can learn how to become successful within trading.

Immy if there's any chance you can help to uderstand this TZ you're using because I was trying to find a thread but didnt.
Im sticking to one currency only and I'll go with your suggestions which you did in one of your last post.

Thank you all once again - so you know there is people who appreciate your effort!

[wiseambitions]

Is there a reason or evidence why it is not usually recommended to trade a dot alert when a candle has closed outside of an Aims box? Or do I misunderstand the setup? For example 14:40uk time today; I'd say the gator had been snoozing all right.... Might it be felt that the impulse move has largely played out by the time the DA comes up?

[immy]

I'd like to thank you Guys for all the effort you put into your work so guys like me can learn how to become successful within trading.

Immy if there's any chance you can help to uderstand this TZ you're using because I was trying to find a thread but didnt.
Im sticking to one currency only and I'll go with your suggestions which you did in one of your last post.

Thank you all once again - so you know there is people who appreciate your effort!

Thanks Michal! I'm glad you found it helpful.

Many pips to you!

ps: the TZ1 is Fib Expansion tool normally hidden from view in standard mt4 so you have to right click on the tool bar and customise and then find it on the left table in the window that pops up after you click customise, highlight fib exp (ignore all the other bullshit) add this. and then find a video in the video section that shows how to plot a TZ1. let me find it, if I do I will post a link here.

cheers

[immy]

Is there a reason or evidence why it is not usually recommended to trade a dot alert when a candle has closed outside of an Aims box? Or do I misunderstand the setup? For example 14:40uk time today; I'd say the gator had been snoozing all right.... Might it be felt that the impulse move has largely played out by the time the DA comes up?

The only reason is that we do not do market orders. Most beginning traders suffer from impulsive trading and Market Order is the best tool for impulsive buying and gumping the gun and destroy your accounts. Traders trading out of fears would love to use market order and hence you see more and more brokers are introducing one click trading so that more people can trader more and destroy their accounts. if they are ECN's the true ones, they will make commission, more commission if they are on of those fake brokers, they will take all your money.

[Michal]

I'd like to thank you Guys for all the effort you put into your work so guys like me can learn how to become successful within trading.

Immy if there's any chance you can help to uderstand this TZ you're using because I was trying to find a thread but didnt.
Im sticking to one currency only and I'll go with your suggestions which you did in one of your last post.

Thank you all once again - so you know there is people who appreciate your effort!

Thanks Michal! I'm glad you found it helpful.

Many pips to you!

ps: the TZ1 is Fib Expansion tool normally hidden from view in standard mt4 so you have to right click on the tool bar and customise and then find it on the left table in the window that pops up after you click customise, highlight fib exp (ignore all the other bullshit) add this. and then find a video in the video section that shows how to plot a TZ1. let me find it, if I do I will post a link here.

cheers

Thank you Immy I'll try to find it as well.

[immy]

I'd like to thank you Guys for all the effort you put into your work so guys like me can learn how to become successful within trading.

Immy if there's any chance you can help to uderstand this TZ you're using because I was trying to find a thread but didnt.
Im sticking to one currency only and I'll go with your suggestions which you did in one of your last post.

Thank you all once again - so you know there is people who appreciate your effort!

Thanks Michal! I'm glad you found it helpful.

Many pips to you!

ps: the TZ1 is Fib Expansion tool normally hidden from view in standard mt4 so you have to right click on the tool bar and customise and then find it on the left table in the window that pops up after you click customise, highlight fib exp (ignore all the other bullshit) add this. and then find a video in the video section that shows how to plot a TZ1. let me find it, if I do I will post a link here.

cheers

Thank you Immy I'll try to find it as well.

There you go, this video will also teach you how to count Elliott Wave within ten seconds on any chart.
http://www.itradeaims.net/forum/viewtop ... &t=95#p261" onclick="window.open(this.href);return false;

cheers

[immy]

Finally on Bettina's case my verdict it. You have 2 options.

1. Follow Grant's Methodology of considering each dot. You simply go with the dot direction, whatever the dot tells you, you follow that. But ofcourse you would apply the other filters as well. This is Objective and mechanical
2. Any Fractal Breakout Above all 4 lines or below all 4 lines is valid, of course you will apply the rest of the filters and specially keep in mind a. Minimise risk by making entries on tight boxes and closer to green/red lines b. chekc what AO is telling you. This is also objective and mechanical if you like.

[immy]

Further to that, you can go with, For longs, AIMS WAVE histogram must be GREEN and for short AIMS WAVE histogram must be Red. This way you will have a very objective way of creating Setup and getting a buy and sell signal.

[immy]

Moreover, it is also possible to kill the whole drama of the Gator Mouth. Simply replace Gator with 34SMA.

[immy]

EJ AND EU has shown inverse correlation today. EJ M5, 1-5 completed to Up Side, EU m5, 1-5 completed to downside.

If I only knew in advance!