I hope you all had a good weekendn. If you did, please do me a favour and reply to this post.
cheers
27 Sep 2021
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
27 Sep 2021
Here we go again
I hope you all had a good weekendn. If you did, please do me a favour and reply to this post.
cheers
I hope you all had a good weekendn. If you did, please do me a favour and reply to this post.
cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
DAX40 27 Sep
The day started with a strong move before the London open.
The German Elections are almost over, well voting is over and counting has been done.
So the market can relax now.
The london open saw prices going down. as I write this, its rising up again. possibly setting up a setup 1 short.
here the slides I shared in the Trading Room.
1. https://www.screencast.com/t/KVRDnKRF
2. https://www.screencast.com/t/ck1eXHUvTfGB
3. https://www.screencast.com/t/UnPizjNci
The German Elections are almost over, well voting is over and counting has been done.
So the market can relax now.
The london open saw prices going down. as I write this, its rising up again. possibly setting up a setup 1 short.
here the slides I shared in the Trading Room.
1. https://www.screencast.com/t/KVRDnKRF
2. https://www.screencast.com/t/ck1eXHUvTfGB
3. https://www.screencast.com/t/UnPizjNci
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: 27 Sep 2021
8.52
https://www.screencast.com/t/0oivaOrZNJj
And meanwhile the M5 chart of the above m1 chart looked like as follows. a strong breakout phase (a Bullish trend)
A Breakout is the STRONGEST phase of a trend. usually followed by a trend channel (converging or parallel) ...
Trend channels are usually followed by a trading range which eventually break out into resumption or change of trend.
https://www.screencast.com/t/42IbipIwpL
https://www.screencast.com/t/0oivaOrZNJj
And meanwhile the M5 chart of the above m1 chart looked like as follows. a strong breakout phase (a Bullish trend)
A Breakout is the STRONGEST phase of a trend. usually followed by a trend channel (converging or parallel) ...
Trend channels are usually followed by a trading range which eventually break out into resumption or change of trend.
https://www.screencast.com/t/42IbipIwpL
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
EUR/USD Moving
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Final screenshot for DAX today
https://www.screencast.com/t/OAFpRlaBfA0immy wrote: 27 Sep 2021, 08:52 8.52
https://www.screencast.com/t/0oivaOrZNJj
And meanwhile the M5 chart of the above m1 chart looked like as follows. a strong breakout phase (a Bullish trend)
A Breakout is the STRONGEST phase of a trend. usually followed by a trend channel (converging or parallel) ...
Trend channels are usually followed by a trading range which eventually break out into resumption or change of trend.
https://www.screencast.com/t/42IbipIwpL
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
DONT TARDE BREAKOUTS
Breakouts don't work, especially during weak or sideways markets.
the opposite works better. https://www.screencast.com/t/UlJ5zir0l
the opposite works better. https://www.screencast.com/t/UlJ5zir0l
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
London Session Recap 27 Sep 2021
10.05 am uploaded give it 10 minutes to clear.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
EUR/USD H1/M5 Setup
Breakout Trends will have Pullback setups on the lower time frames = H1/M5 Setup (the Micro Setup 1)
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
llau18
- AIMSter
- Posts: 25
- Joined: 21 Nov 2020, 04:55
- 4
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
A Beautiful Setup - This concept is the KEY
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!