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Smashin wrote:I don't think my "seeds" are "sprouting" as expected.
Alpari US - Build 482 (08-03-2013)
See attachment.
Seeds.PNG
we can use any good Inside Bar indicator to spot the IB's and the Dojis can be spotted without any effort. The range indictor is there to show you the H1 IB range on M30, m15, m5 or m1. This is a. for research purpose b. could also be used to see detail within the range. On some occassions it might allow us to further lower risk and increase lot size. The lower the risk in pip the better because a. smaller IB will increase probability of achieving 1:1 Free Trade. b. Increased lot size would mean huge rewards if the trade is a winner.
If IB is 20 pips and you reach 100 pips profit you'd make 3% profit. A 10Pips IB would give you 5.5% if it went 100 pips. Its huge.
\:D/
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.
1. Spot a SEED on H1 (IB OR DOJI or DOJI Type IB) and Trade the breakout of hte high and low in the direction of the trend. (simpler quicker)
2a. Spot a SEED on H1 and drop to M5 or M15 and see if its a proper S1 or S2. Trade the setup and use MM and TM based on M5 or M15 chart
2b.Spot a SEED on H1 and drop to M5 or M15 and see if its a proper S1 or S2. Trade the setup and switch back to H1 and mange on H1.
I forgot to add this to the Draft. Will do so now.
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.
immy wrote:There are Two Ways of Trading the Seed.
1. Spot a SEED on H1 (IB OR DOJI or DOJI Type IB) and Trade the breakout of hte high and low in the direction of the trend. (simpler quicker)
2a. Spot a SEED on H1 and drop to M5 or M15 and see if its a proper S1 or S2. Trade the setup and use MM and TM based on M5 or M15 chart
2b.Spot a SEED on H1 and drop to M5 or M15 and see if its a proper S1 or S2. Trade the setup and switch back to H1 and mange on H1.
A quick question about 2a and 2b. Once the SEED is spotted and you drop down to M5 or M15 to see if its a proper S1 or S2, do you place your PO above/below the H1 high/low with the stop loss below the M5/15 Aims box, or do you put the PO above/below the M5/15 Aims box If the H1 high/low is 4 or more pips away?
immy wrote:There are Two Ways of Trading the Seed.
1. Spot a SEED on H1 (IB OR DOJI or DOJI Type IB) and Trade the breakout of hte high and low in the direction of the trend. (simpler quicker)
2a. Spot a SEED on H1 and drop to M5 or M15 and see if its a proper S1 or S2. Trade the setup and use MM and TM based on M5 or M15 chart
2b.Spot a SEED on H1 and drop to M5 or M15 and see if its a proper S1 or S2. Trade the setup and switch back to H1 and mange on H1.
A quick question about 2a and 2b. Once the SEED is spotted and you drop down to M5 or M15 to see if its a proper S1 or S2, do you place your PO above/below the H1 high/low with the stop loss below the M5/15 Aims box, or do you put the PO above/below the M5/15 Aims box If the H1 high/low is 4 or more pips away?
A Traders Discretion! If you want to lower Risk in pips, meaning increase the strength of the seed, i.e. higher lot per pip due to even smaller pip value, we may use the aims levels within the H1 SEED, as indicated by the range. I personally would stick to the high and low of the H1 SEED! Occasionally though we might do something different. Each trade is different. Each moment in the market is unique so there is always a little bit of adjustment per trade but largely we should stay quite a. Mechanical or b. Discretionary but Systematic. I think I'm ore b than a.
i hope this helps.
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.
immy wrote:There are Two Ways of Trading the Seed.
1. Spot a SEED on H1 (IB OR DOJI or DOJI Type IB) and Trade the breakout of hte high and low in the direction of the trend. (simpler quicker)
2a. Spot a SEED on H1 and drop to M5 or M15 and see if its a proper S1 or S2. Trade the setup and use MM and TM based on M5 or M15 chart
2b.Spot a SEED on H1 and drop to M5 or M15 and see if its a proper S1 or S2. Trade the setup and switch back to H1 and mange on H1.
A quick question about 2a and 2b. Once the SEED is spotted and you drop down to M5 or M15 to see if its a proper S1 or S2, do you place your PO above/below the H1 high/low with the stop loss below the M5/15 Aims box, or do you put the PO above/below the M5/15 Aims box If the H1 high/low is 4 or more pips away?
A Traders Discretion! If you want to lower Risk in pips, meaning increase the strength of the seed, i.e. higher lot per pip due to even smaller pip value, we may use the aims levels within the H1 SEED, as indicated by the range. I personally would stick to the high and low of the H1 SEED! Occasionally though we might do something different. Each trade is different. Each moment in the market is unique so there is always a little bit of adjustment per trade but largely we should stay quite a. Mechanical or b. Discretionary but Systematic. I think I'm ore b than a.
i hope this helps.
Moreover, you have now the option to use
1. Only AIMS Box with an Inside Bar "Identifier" of simply use your eyes.
2. Use AIMS Box with Gator Only. (so you don't trade when gator is sleeping) or (use gator for exits and position of the SEED within a wave)
3. USE AIMS Box with eWaves or AIMS Wave or plain AO.
4. Use the Classic or V5.1 Full Monty.
5. USE AIMS Boxes with IB and 34 or 20SMA. (Immy's 34 SMA with an objective Entry Mechanism)
The Choice is Yours. The entry is Objective.
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.