AIMS Stress Free Trading - Community Forum

Did you see the BOX limit buy opportunity on DAX? 

So I saw how the market went up on the Core Retail US red news at NYO 1.30 pm UK. 

Then it crashed at the open at NEO 2.30 pm UK. 

I thought it's bullish and it might bounce off the previous support.

You see this on the H1 chart 

I dropped to m5 and saw some levels. finally went to m1 to catch a Channel break and bounce of  the previous support. News at 3pm came out and IT FLEW and hit TP. 

My RISK was ONLY $79 dollars. I made $836. 

immy wrote: ↑15 Jul 2022, 14:17 Did you see the BOX limit buy opportunity on DAX? 

 

this is what I meant @minsk

Great Day for Trading the Indices on the M5 

On indices, there is an overall mood of the market and one can easily assess it. It changes mid-day as well but you really can assess if there is going to be a bullish or bearish day. 

Today it broke out bullish after the news, clearly breaking high and it was relatively easy to go long   

H1/M5 is a REALLY nice way to trade the indices. Money-making machine... I just watched an interview of a MFF trader who made $120,000 , he trades US30 on the M5. 

The signal was in the morning, the LO candle and I saw it, looked like a second-day play but the range of the signal was too big, 175 points HAd I taken it, it would have hit 3R. 

 

immy wrote: ↑15 Jul 2022, 14:17 Did you see the BOX limit buy opportunity on DAX? 


 

No I don't have DAX in my charts to watch, I can't get the ATM to work on DAX. 


It works on every chart except that one.
I have contacted the broker about that, they say they don't have any issues with ticks delivery to charts, so it's something else.
Since it's a demo account, I think it might be a glitch in that. 
I have not tried any other EA, might try that to see if it's AE problem.

 

and to catch the setup ... the Pattern we call the BANANA Setup... and with a VERY TIGHT stop Loss .. .allowing you to catch 1:10 Risk to Reward Trades...      
  
 

immy wrote: ↑16 Jul 2022, 19:19

and to catch the setup ... the Pattern we call the BANANA Setup... and with a VERY TIGHT stop Loss .. .allowing you to catch 1:10 Risk to Reward Trades...      
  
 

 

and this 

I have seen the BOX break and RETEST price action for over 10 years of my life. 

It is a PATTERN and a Price Movement or Market Behaviour that is VERY MUCH a part of the STRUCTURE of the MARKET. 

You may backtest it as much as you like. I guarantee you that you will find EXTRA-OrDINARY edge using this method. The concept is VERY simple.

IT is VERY much in line with The Setup 1 Strategy and the Banana Method.

Breakout and Retest is our favourite setup in the banana method anyway. 

But we can get even better earlier entries using the limit order method. 

 With the SEED Limit Orders and the BOX limit Orders We will NEVER miss a good move ever again