There is no need for purple on m5?

Here you can ask questions about All the Indicators that we Use.

- AIMS Box Indicator previously AIMS Levels
- AIMS Gator previousl AIMSiGator
- AIMS Entry Alert
- AIMS Wave - aka AIMS AO
Post Reply
User avatar
francisrama
Free Member
Free Member
Posts: 441
Joined: 12 Jul 2013, 00:58
12

There is no need for purple on m5?

Unread post by francisrama »

Immy,

could you please help on the below sentence -from our AIMS ebook-...just to make sure I get it right

Does it mean that we don't care what is happening on higher TF if we are not trading M1/M5? Or...???
AIMS.png
Thx/KR
You do not have the required permissions to view the files attached to this post.
I Am, That I Am!
Fran
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Webinar - From the Beginning of TIME - MUST WATCH

Unread post by immy »

francisrama wrote:Immy,

could you please help on the below sentence -from our AIMS ebook-...just to make sure I get it right

Does it mean that we don't care what is happening on higher TF if we are not trading M1/M5? Or...???
AIMS.png
Thx/KR
Hi Francis

That is one way of doing it but over the years its proven to me that it would be best to trade on the correct side of purple or against it only when criteria for Fruit entries is met.. As you know The Seed strategy is based on this concept. If you plot the purple on M5 you're inline with M30 chart but I prefer going in the direction of H1 instead so in that in mind you won't need the purple but still it compliments the picture so leaving it there would be a better Idea because we trade "A Picture" not economic or financial analysis. We believe the patterns that we trade have it all in it. So I'd keep the purple on now on m5.

I hope this helps.
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
francisrama
Free Member
Free Member
Posts: 441
Joined: 12 Jul 2013, 00:58
12

Re: Webinar - From the Beginning of TIME - MUST WATCH

Unread post by francisrama »

Thx very much Immy. This then confirms my understand (ouf... :) ... ) + add the "trick of looking after H1 as well...

Any chance that the H1 trend be included some time (thus e.g if on M5 we can see M30 and H1)

Thx once more/KR
I Am, That I Am!
Fran
Post Reply