Discussions and Chat

[immy]

If you remember, a few days ago we shared this in discord. Sam said, "I missed the strong up move I intend to take advantage of this down move". 

So the previous signal is , Banana number 3 is 2R up. 

https://www.screencast.com/t/XRqw9W3mT


 


 

Turns out, and the way it was going, the way the downtrend was not steep down, it suggested that it was perhaps a deeper pullback. which created a lovely pullback signal on the next higher time frame which in this case is the weekly time frame. 

Looks like we are seeing a history dollar vs yen gain. IT has been phenomenal. 

2022-06-08_13-26-05.jpg

 On the daily chart, we see a clean flag pattern. When the pullback is deeper on your current time frame but still remains above the 50ema, chances are you are seeing a pullback on the next higher time frame. 

2022-06-08_13-27-10.jpg

 
 
 

[immy]

https://www.screencast.com/t/Z8ZcGFz73jE

 

 

The Daily chart is consolidating near the 50.

This means that the next higher time frame has reached its 10 ema.

The weekly chart shows a strong down trend that's been going for more than a few months.

Could this be the end of the pullback and are we going to see more shorts on the Eur/Usd

 

[immy]

Now I am thinking its too late for the day. I should have taken the earlier longs. Now its late. Of course it can go but not for me. 

 

I'm definitely out of my zone. Scared of trading even within a strong clean and clear trend. I Should have got in using the limit buy order. 

[immy]

I did not see this as a tradeable signal due to the levels to the left.

However, later I was interested in it. I had set a limit to sell but the price never came back to it. 

[immy]

Don't forget significant news for the euros today. The reason euros were so sideways this week could be this. the market is surely waiting for this decision before the big hands shuffle their big cards around.


First the decision then the press conference.e They sometimes say things during the conference that shake the world. 
 

[immy]

I think the best indicator for us AIMSters is the BOX... let's bring the BOX back 

All I need is the Banan indicator but BOX is also very powerful. Keeps us on the RIGHT side of things. 

 
 
 

[immy]

A Tad on the climactic side but could this be the start of a huge bear trend? 

will the ECB let it go below parity? will we ever be able to buy more euros for a dollar? oh no... that would be bad. 

 

[immy]

I told you the 2nd-day play H4 signals are Amazing... I was in the trade on the breakout after ECB rate decision. The seed required a 20 SL , I missed it originally then set a pending sell order. 

It required patience .. .and holding during NEWS was dangerous but I need that 5R target. 

Finally, it hits it. and I'm out drawdown. I was down 4% this one trade took me to 1% in profit. 

Finally, a Trade that hits the 5R target. I needed this. 

$10,000 Banked. The trade was beautiful in many ways. 

Target Zone 1 Hit. 2nd Day Play Everything was perfect. 

2022-06-10_13-35-43.jpg

 

Meanwhile, I'm waiting for the DAX trade to hit 5R. 
 

[immy]

A Tad on the climactic side but could this be the start of a huge bear trend? 

will the ECB let it go below parity? will we ever be able to buy more euros for a dollar? oh no... that would be bad. 

 

 

Target Hit @vicky 

 

[immy]

I did not see this as a tradeable signal due to the levels to the left.

However, later I was interested in it. I had set a limit to sell but the price never came back to it.