Discussions and Chat

[immy]

Hi

Nothing seems to be setting up and we have a long weekend coming. US Holiday on Monday the 30th of May. 

Europe was observing a holiday YD which slowed down the market a bit but Indices did move, without a signal. 

I'll be back on Tuesday have a good one! 
 

 

[immy]

Hi

Nothing seems to be setting up and we have a long weekend coming. US Holiday on Monday the 30th of May. 

Europe was observing a holiday YD which slowed down the market a bit but Indices did move, without a signal. 

I'll be back on Tuesday have a good one! 
 

 

 

I have dropped this pair for a while since It only gives me losing trades last 2 months. But this setup looks good. 
 

[immy]

USD-CAD, 2nd pullback after impulse down, I put a pending order on Banana #1.
 



 

Could this be the end of wave? or could it be 3rd pullback within a wave that is losing momentum? converging channel? 


My suggestion: 
Put the AIMS Wave histogram on your chart. and DONT trade signals when the histogram is big. 

 

[Minsk]

USD-CAD, 2nd pullback after impulse down, I put a pending order on Banana #1.
 




 

Could this be the end of wave? or could it be 3rd pullback within a wave that is losing momentum? converging channel? 


My suggestion: 
Put the AIMS Wave histogram on your chart. and DONT trade signals when the histogram is big. 

 

 

Thank you Immy,will do that.
 

[Minsk]

Something is stopping me from taking this trade 

https://www.screencast.com/t/BnW9blXS



 

That shows that my objectivity was not spot on today. My emotions were taking over my objectivity. I know why. I am not feeling well since YD. Lethargic, bloated, my internal system is not good. That may be affecting my thought process as well.  But the Flowchart, the simple 4 questions will SAVE ME. 

Was there a signal YES
Was there an impulse move, (a breakout with a new swing high) YES
Was the impulse move climactic? NO
Was the pullback impulsive? NO

TAKE THE TRADE.... BOOOM... SL to BE

 

Feel better soon, not feeling well sucks

[immy]

The BOX is my favourite indicator.... I thought it was banana but the BOX is really my favourite indicator.

It is a complete trading system.  Why is it so effective? 

Because it is an indicator that DOES not lag. It is 100% price. What it literally does is show you candles of higher time frame. it shows you minor and major swing highs and low. 

@sam if you read this. PUT THE BOX back on. You are VERY good with the BOX. 

 

[immy]

I have now completed my position size ... I am doing the 2nd day play and in a very weird way I started with smaller lots, off the m5 chart and then I build my position. It is based on the breakout of the Flag and the trend candle. 

its a setup on m30 and a signal on H4. The H4 signal converts into a 2nd day play and the H1 Flag pattern. I always intend to wait for at least a trend candle that breaks the flag pattern. (the Famous pattern) 
 
 

[immy]

Here is a setup I will NEVER miss ... such a clean setup right at the open. 

We want to take setups like these on whatever time frame we see them 

[immy]

I hope you took this Vicky! 
This is DAX h4 

ps; not referring to the trades on the chart, those were taken on h4, instead referring to the signals on this H4 chart of DAX. 

[immy]

The one that i added to hit my SL and then hit Target the ones I did not add to, just went up... oh well