Discussions and Chat
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Is this a Good Signal?
What do you think?
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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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
eaxh
- AIMSter
- Posts: 872
- Joined: 17 Jan 2017, 21:19
- 7
Re: Is this a Good Signal?
In my plan that signal does not qualify as a good signal. Not because of the look of it ( I like the look of it) but as it is waay to late.
Could be taken if the first ones were taken and i was in profit already.
Don't let the fear of losing keep you from winning
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Minsk
- AIMSter
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 3
Re: Is this a Good Signal?
not yet a good signal, potentailly it might be. I would like to see it break/retest the box level that will be there.
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
What about this one...
You do not have the required permissions to view the files attached to this post.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Great Move, Clear Trend but...
We have see a beautiful 3 day move on the EUR/USD that started last week.
It was pretty damn obvious it was going down and down and down.
but sometimes, we just don't get a good entry spot.
As Frustrating as it may be, it is what it is. We only trade THE SETUP
Check that Daily setup, it was smashing. Well done Vicky. That is the way to do it. Believe you me, if you stick to these setups, you will consistently make money. Once the "money mill" starts grinding, you don't have to get a new mill. All you need is More Gain to Grind.... Just keep grinding...
It was pretty damn obvious it was going down and down and down.
but sometimes, we just don't get a good entry spot.
As Frustrating as it may be, it is what it is. We only trade THE SETUP
Check that Daily setup, it was smashing. Well done Vicky. That is the way to do it. Believe you me, if you stick to these setups, you will consistently make money. Once the "money mill" starts grinding, you don't have to get a new mill. All you need is More Gain to Grind.... Just keep grinding...
You do not have the required permissions to view the files attached to this post.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
I shall be BACK Next Week - WATCH THIS SPACE
Yep... the holiday is coming to an end before my next holiday which is the end of September but that will be a work holiday.
So here we go... again ...see ya
So here we go... again ...see ya
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
Minsk
- AIMSter
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 3
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Insane moves after Fed Chair Talk
Just wanted to point out, I was busy last couple of hours trading the sh*** out of US30, NAS and DAX on the short side... so much fun...
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: System Performance Aug 2022
GU 10Rimmy wrote: ↑19 Jul 2022, 09:44 A Quick Review of the Signals this month so far. Let's see how much profit or loss was possible
GBP/USD:
10R' (1st of July and 11th of July Signals)
EUR/USD
7R (5th and 11th)
USD/JPY
-1R (13th)
US30:
5R (5 July)
NAS
0R (5th and 14th)
DAX
3R (14th and 5th)
Total Valid Signals: 10 (Patience is KEY here)
Total R's for the month: 10+7+(-1)+5+0+3 = 24% Growth
The BANANA Method is a money-making machine.
EU 11R
UJ 7R
DAX 9R
Total Trading Days 12
Total Winners 13
Total Losers 3
Total Signals 16
Total Profit 37R - That was possible. I probably got around 15R of that.
You do not have the required permissions to view the files attached to this post.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: System Performance Aug 2022
For those who might think it might include "signals when they are not trading". I always share these details based on the "Have you checked charts" forms I print for the month. I like to fill them with a pen, that gives me a different feel. At the end of the month, I collect that information, in the form of a review and update it onto this sheet. These are the signals I have considered, filtered, taken or missed.immy wrote: ↑29 Aug 2022, 10:17GU 10Rimmy wrote: ↑19 Jul 2022, 09:44 A Quick Review of the Signals this month so far. Let's see how much profit or loss was possible
GBP/USD:
10R' (1st of July and 11th of July Signals)
EUR/USD
7R (5th and 11th)
USD/JPY
-1R (13th)
US30:
5R (5 July)
NAS
0R (5th and 14th)
DAX
3R (14th and 5th)
Total Valid Signals: 10 (Patience is KEY here)
Total R's for the month: 10+7+(-1)+5+0+3 = 24% Growth
The BANANA Method is a money-making machine.
EU 11R
UJ 7R
DAX 9R
Total Trading Days 12
Total Winners 13
Total Losers 3
Total Signals 16
Total Profit 37R - That was possible. I probably got around 15R of that.
My Times are, as you know, 7am UK until 6pm uk (sometimes, upto 8pm) but most of my trades (70%) are taken within the first 6-8 hrs.
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!