Discussions and Chat
- Minsk
- AIMSter
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 3
removed Limit Buy on USD-JPY
As this order has not been filled and it was a DS0, I have removed it.
Next
I do hope all my stupidities are of any use to others so they don't do the same stupidities.
Next
I do hope all my stupidities are of any use to others so they don't do the same stupidities.
Last edited by Minsk on 03 Jun 2022, 13:28, edited 1 time in total.
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
WHERE IS THE IMPULSE WAVE?
The First Question in the Flowchart... did you find the YES answer to that?immy wrote: ↑03 Jun 2022, 13:20I can tell you this much... You don't yet understand the Fractal Geometry of Setup 1 and The BAnana Setup. IT will click one day.kvr1966 wrote: ↑03 Jun 2022, 12:46what you say makes sense. It can't be both at the same time on the same timeframe.
It was a Setup1 on the H1, although 4 candles before the seed on H1.
In theory I understand what you say. Then I look at both charts, and think, how? I see a Setup 1 like 4 candles before the Banana Seed on the H1. So not exactly at the same time, but more or less.
It does puzzle me now.
You do not have the required permissions to view the files attached to this post.
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
READ THE CHART
immy wrote: ↑03 Jun 2022, 13:27The First Question in the Flowchart... did you find the YES answer to that?immy wrote: ↑03 Jun 2022, 13:20I can tell you this much... You don't yet understand the Fractal Geometry of Setup 1 and The BAnana Setup. IT will click one day.kvr1966 wrote: ↑03 Jun 2022, 12:46what you say makes sense. It can't be both at the same time on the same timeframe.
It was a Setup1 on the H1, although 4 candles before the seed on H1.
In theory I understand what you say. Then I look at both charts, and think, how? I see a Setup 1 like 4 candles before the Banana Seed on the H1. So not exactly at the same time, but more or less.
It does puzzle me now.
You do not have the required permissions to view the files attached to this post.
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: removed Limit Buy on USD-JPY
Hey
these are not stupidities. This is just normal. You are learning how to trade this setup. that's all. nothing stupid about it.
The good thing about this was that you were trading in line with trend. so there was a higher probability of success. And you have hit your 3R...
You are doing better than me! for sure... nice
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
DAX BE and USDJPY Seed signal is 2R SL to BE
DAX BE and USDJPY Seed signal is 2R SL to BE
I was kicked out of DAX on the NEWS spike. oh well... NEXT
Caught USDJPY seed as posted in the picture earlier
I was kicked out of DAX on the NEWS spike. oh well... NEXT
Caught USDJPY seed as posted in the picture earlier
You do not have the required permissions to view the files attached to this post.
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!
- Minsk
- AIMSter
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 3
Re: WHERE IS THE IMPULSE WAVE?
Indeed no impulse at 1. There is at 2. That was just crap what I did.immy wrote: ↑03 Jun 2022, 13:27The First Question in the Flowchart... did you find the YES answer to that?immy wrote: ↑03 Jun 2022, 13:20I can tell you this much... You don't yet understand the Fractal Geometry of Setup 1 and The BAnana Setup. IT will click one day.kvr1966 wrote: ↑03 Jun 2022, 12:46what you say makes sense. It can't be both at the same time on the same timeframe.
It was a Setup1 on the H1, although 4 candles before the seed on H1.
In theory I understand what you say. Then I look at both charts, and think, how? I see a Setup 1 like 4 candles before the Banana Seed on the H1. So not exactly at the same time, but more or less.
It does puzzle me now.
Look at the chart now, You are right about the breakout of TR, it shoots up now.
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: WHERE IS THE IMPULSE WAVE?
Oh But You're missing one of the MOST important bit of FOREX Trading....kvr1966 wrote: ↑03 Jun 2022, 13:58Indeed no impulse at 1. There is at 2. That was just crap what I did.immy wrote: ↑03 Jun 2022, 13:27The First Question in the Flowchart... did you find the YES answer to that?immy wrote: ↑03 Jun 2022, 13:20I can tell you this much... You don't yet understand the Fractal Geometry of Setup 1 and The BAnana Setup. IT will click one day.kvr1966 wrote: ↑03 Jun 2022, 12:46what you say makes sense. It can't be both at the same time on the same timeframe.
It was a Setup1 on the H1, although 4 candles before the seed on H1.
In theory I understand what you say. Then I look at both charts, and think, how? I see a Setup 1 like 4 candles before the Banana Seed on the H1. So not exactly at the same time, but more or less.
It does puzzle me now.
Look at the chart now, You are right about the breakout of TR, it shoots up now.
DO NOT TRADE ON NFP DAY...
JUST DON'T TRADER ON THIS DAY AT ALL.... MARK EVERY FIRST FRIDAY OF THE MONTH OUT OF YOUR TRADING ....
ps: sorry my fault too. You are a beginner. I should have warned you taht its NFP day but I assume, that everyone knows.
If you trade for prop firm, most of them will NOT allow you trade , especially this NEWS... 3 types of news events, everyone should stay away from. 1. NFP Day 2. FOMC, 3. Interest Rate Decisions.
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!
- Minsk
- AIMSter
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 3
Re: removed Limit Buy on USD-JPY
Well, I think I need to do better as I repeat mistakes. That's not what I want.immy wrote: ↑03 Jun 2022, 13:36Hey
these are not stupidities. This is just normal. You are learning how to trade this setup. that's all. nothing stupid about it.
The good thing about this was that you were trading in line with trend. so there was a higher probability of success. And you have hit your 3R...
You are doing better than me! for sure... nice
Limit Order wasn't filled so no R's here. I removed it after realising with your explanation that this was not a DS1 trade.
After that I was too late to put a PO on the next seed, which did do 3 R I think.
I would like to say thank you for all your help, I really apreciate it!
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: removed Limit Buy on USD-JPY
May I suggest something. Only use pending orders. Leave limit orders to when you feel you are stage 3.kvr1966 wrote: ↑03 Jun 2022, 14:21Well, I think I need to do better as I repeat mistakes. That's not what I want.immy wrote: ↑03 Jun 2022, 13:36Hey
these are not stupidities. This is just normal. You are learning how to trade this setup. that's all. nothing stupid about it.
The good thing about this was that you were trading in line with trend. so there was a higher probability of success. And you have hit your 3R...
You are doing better than me! for sure... nice
Limit Order wasn't filled so no R's here. I removed it after realising with your explanation that this was not a DS1 trade.
After that I was too late to put a PO on the next seed, which did do 3 R I think.
I would like to say thank you for all your help, I really apreciate it!
Learn to trade the or the setup method. Using only pending stop orders.
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
Another Distraction
I have found that my ADHD is getting worse. I have to eliminate another thing. I have found that i am spending way too much time in the forum now.
If i find a problem, I will always attack it and remove it.
So I will be removing this section of the forum.
Please, everyone, keep your journals updated. We will continue to talk to each other through our journals. Is that ok?
30 Days of teaching/learning how to trade =====
is equal to >>>>>
1 day of of Trading, Journaling, and then getting the results reviewed by mentors/others.
Have a good weekend and see you on monday ... oopsie. .. no , i won't see you on monday. I will update my journal if I need to. And if you update your journal I will read it comment.
If i find a problem, I will always attack it and remove it.
So I will be removing this section of the forum.
Please, everyone, keep your journals updated. We will continue to talk to each other through our journals. Is that ok?
30 Days of teaching/learning how to trade =====
is equal to >>>>>
1 day of of Trading, Journaling, and then getting the results reviewed by mentors/others.
Have a good weekend and see you on monday ... oopsie. .. no , i won't see you on monday. I will update my journal if I need to. And if you update your journal I will read it comment.
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!