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

[mirgi]

very nice (wd) , and second seed on M5 chart, what is, is it big size seed?

[MagicUser]

very nice (wd) , and second seed on M5 chart, what is, is it big size seed?

I wouldnt have taken that setup as cable has already made some of its breakout and 'seed' indeed is bigger then it should be.

[Dave]

I agree with Magicuser.
Just because the new aimsrange indicator shows black lines does not mean the setup is a seed. The black lines mark the high and low of the H1 bar if that H1 bar is an inside bar. If you look closely at the range it is indicating, you will see that it is an H1 inside bar, but it is not a S1 or S2 on M5. Remember, the seed is the small H1 bar that makes you go down to M15/5 to find a genuine AIMS setup. If the S1 or S2 isn't there on the lower timeframe then its not an entry. Look at where the blue line is marked for the original entry, all the S1 boxes are ticked - sleeping gator, close to ZL, tight AIMS box - but the setup didn't come for the second one.
Dave

[Darren]

I will have a look myself at when I have a spare minute but I think it may be better to find another indicator or change the 'AIMS_Range' indicator so that it simply draws the high and low of the last hourly bar on the 1/5/15 min chart. If the distance between the high and the low is less than 20 pips then perhaps we could have an alert at the top of the hour. That way we certainly won't miss any potential trades.

[immy]

I agree with Magicuser.
Just because the new aimsrange indicator shows black lines does not mean the setup is a seed. The black lines mark the high and low of the H1 bar if that H1 bar is an inside bar. If you look closely at the range it is indicating, you will see that it is an H1 inside bar, but it is not a S1 or S2 on M5. Remember, the seed is the small H1 bar that makes you go down to M15/5 to find a genuine AIMS setup. If the S1 or S2 isn't there on the lower timeframe then its not an entry. Look at where the blue line is marked for the original entry, all the S1 boxes are ticked - sleeping gator, close to ZL, tight AIMS box - but the setup didn't come for the second one.
Dave

Thats it Dave cracked it. There is no more explanation required.

Look for small less than 20 pips candles on H1. When you see one, trend is confirmed or within a consolidation after a strong wave up.... drop to m5 or m15 see if its a S1 or S2. Ifit is take it. Then switch back to h1 and manage on H1. this way, you have M5 level Stop Losses, and H1 level profits. that is 15pip SL with 150pip profit.

Remember Wave 3's last 2-3 days on H1 charts followed by 1-2 days Wave 4.

[MagicUser]

I will have a look myself at when I have a spare minute but I think it may be better to find another indicator or change the 'AIMS_Range' indicator so that it simply draws the high and low of the last hourly bar on the 1/5/15 min chart. If the distance between the high and the low is less than 20 pips then perhaps we could have an alert at the top of the hour. That way we certainly won't miss any potential trades.

Yes Darren, that would be useful.

Thats it Dave cracked it. There is no more explanation required.

Look for small less than 20 pips candles on H1. When you see one, trend is confirmed or within a consolidation after a strong wave up.... drop to m5 or m15 see if its a S1 or S2. Ifit is take it. Then switch back to h1 and manage on H1. this way, you have M5 level Stop Losses, and H1 level profits. that is 15pip SL with 150pip profit.

Remember Wave 3's last 2-3 days on H1 charts followed by 1-2 days Wave 4.

This is very important. Ill surely take a note of that as we dont want to trade w4.

[immy]

The SEED! Please Download and let me know what you think. Its a draft!

Here are links to Posts that will help understand the concept.

Trade Management - The Life Blood of this strategy. http://www.itradeaims.net/forum/viewtop ... 440#p11748" onclick="window.open(this.href);return false;
The Picture that we Trade Called THE SETUP : http://www.itradeaims.net/forum/viewtop ... 460#p11868" onclick="window.open(this.href);return false;
The Importance "Position of the Setup" within a Higher Time Frame Trend/Wave http://www.itradeaims.net/forum/viewtop ... 460#p11874" onclick="window.open(this.href);return false;
A Simple Great Idea: http://www.itradeaims.net/forum/viewtop ... 520#p12051" onclick="window.open(this.href);return false;
Understanding Waves and AIMS Boxes http://www.itradeaims.net/forum/viewtop ... 520#p12062" onclick="window.open(this.href);return false;
Understanding Waves http://www.itradeaims.net/forum/viewtop ... 520#p12066" onclick="window.open(this.href);return false;
The SEED http://www.itradeaims.net/forum/viewtop ... 520#p12067" onclick="window.open(this.href);return false;

In an attempt to protect against piracy we have removed the pdf document. I will publish it again in a post. We will give it its own spot .may be in the higher tiem frame corner.

[immy]

The SEED! Please Download and let me know what you think. Its a draft!

[immy]

The SEED! Please Download and let me know what you think. Its a draft!

[Smashin]

I don't think my "seeds" are "sprouting" as expected.

Alpari US - Build 482 (08-03-2013)

See attachment.

Seeds.PNG