Question about Blue Dot on Green Bar

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
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Pipbill
Posts: 19
Joined: 20 Aug 2011, 22:21
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Question about Blue Dot on Green Bar

Unread post by Pipbill »

Immy,

This morning you were in a short trade and I asked why u did not exit on the Blue dot and u said because it was on a Green Candle. Was that a typo or can u explain?

Thanks in advance,

Bill
If I had wait
P.S. After that I asked about the next set up being a set up and your Emotion shook it's head no, If I had waited for the answer I could have save some rent,. OOPS!
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John Wimberley
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Joined: 11 Aug 2011, 15:04
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Re: Question about Blue Dot on Green Bar

Unread post by John Wimberley »

I think he might have done a typo there. If we get a blue dot on a green candle or a red dot on a red candle, those are our usual signs to exit. However, if we get that signal and we are new to the trade and close to our entry ( say under 5 pips in credit) then we can ignore the signal and wait for it to close on the red line before exiting.
Trade what you see, not what you think

John Wimberley
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immy
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Joined: 22 Nov 2010, 16:46
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Re: Question about Blue Dot on Green Bar

Unread post by immy »

I think it was something like that. I chose to exit on Red line instead or when the AIMS level si close to red/blue dot candle I chose to wait for AIMS level.
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! 🍌
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