Discussions and Chat

[immy]

Nope. The move has already happened. The H1 candle is climactic now. Far from the moving averages. 

When we drop to m5, we see a breakout and then a channel. well climactic not a banana setup. 

[immy]

https://www.tradingview.com/chart/USDCH ... ing-Chaos/
 

 
Let's do Quick 10 seconds Elliott wave using Bill Williams Technique.

Wave 1: That's when it first dashed down off the top of a Strong Bullish trend on the D1 chart. It appeared as Wave 3 on the H1 chart at the time.

Wave 2: At the time it appeared as wave 4 up. But when it went more than 50% up, it was an indication that this could be a Wave 2 up within a larger sequence. And so the Wave 3 became wave 1 and wave 4 became wave 1 when the next wave created a TALLER peak on the histogram.

Wave 3: The tallest peak (inverse for Bears) on the AIMS Wave oscillator, is Wave 3.

Wave 4? The cross above the Zero line confirms wave 4 up.

Wave 5: The divergence after crossing back below the zero line is the first sign of Wave 5.

This entire sequence could be a 2 down on the weekly chart. or it could be a New Wave 1 down on the daily chart .

The wave 5 could soon be completed.
 

[immy]

Breakout on GJ 

It happened but only after catching one rent unless you had a wider stop loss. 

https://www.screencast.com/t/WppL9ZbE

[immy]

Checkout the IDEA i posted... GU crashed on news 
https://www.tradingview.com/chart/GBPUS ... -on-Cable/

[immy]

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


Damn I could not resist ... 

GJ M1 3R hit 

https://www.screencast.com/t/G5gjkw92

 

[immy]

Oh well... 

[Minsk]

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


Damn I could not resist ... 

GJ M1 3R hit 

https://www.screencast.com/t/G5gjkw92

 

 

Nice signals! And nice R's!

[Minsk]

@Imi, you say this:

My Trade Plan is as you all know.  The Banana Method 
The time frame is H1.

So if I have read this correct those trades are DS0?

[Minsk]

Filtered the seed signal on GBP-USD, as the impulse was one huge candle, very climactic.
 

[immy]

@Imi, you say this:

My Trade Plan is as you all know.  The Banana Method 
The time frame is H1.

So if I have read this correct those trades are DS0?

 

The trades I took on m1 and m5 were taken on the small account. They won't be counted. They don't really do any great plus or negative to my account. I just wanted to trade them. I have always traded h1/m5 but that's not my main strategy. if that makes sense.