Discussions and Chat

[immy]

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


 

Just got back from Gym. And I see a 2 banana as well. Same thoughts 

Back in the days when training, I would FORCE myself to take setups as long as rules aligned. But over the years I have learned to trust my intuition. So I have two mechanisms. One, the objectivity of the Set-up. The next is, how do I feel about the Setup. If I'm not excited about it, I will NOT trade it or I will trade it with lower lots. 


 
 

[immy]

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



 

Just got back from Gym. And I see a 2 banana as well. Same thoughts 

Back in the days when training, I would FORCE myself to take setups as long as rules aligned. But over the years I have learned to trust my intuition. So I have two mechanisms. One, the objectivity of the Set-up. The next is, how do I feel about the Setup. If I'm not excited about it, I will NOT trade it or I will trade it with lower lots. 


 
 

 

There is an Up trend developing on the D1 chart. I appears that price retested the Seed, as it does. Not just the seed but the previous swing highs. confirmation that the bulls might be still in charge. 
 

[immy]

Does not look like it has a chance of hitting 3 or 5R targets. Its too late in the t rend. 

[immy]

There is a clear trading range. 3rd bounce. If at all, I'd be interested to go long here. 

[immy]

I see clean momentum. Slightly Climactic , some levels to the left. but overall looks like a trade worth 1/2 risk. 

[immy]

I see clean momentum. Slightly Climactic , some levels to the left. but overall looks like a trade worth 1/2 risk. 

 

Now that we have a seed I can give this one a try. Half risk on GU another on GJ. lets see what happens. 

[immy]

A risky setup but could produce a 5 or 10 winner if it works. Hence taking a quarter risk trae on the UJ
... and that's it... if GU and GJ gets in. my risk level will be complete 
 

[immy]

A risky setup but could produce a 5 or 10 winner if it works. Hence taking a quarter risk trae on the UJ
... and that's it... if GU and GJ gets in. my risk level will be complete 
 

 

 

[immy]

I can scan all charts within a single GLANCE at my screen. (helps to have a big screen but thsi one is 25) 

 

[immy]

The Banana Flowchart 2 

There are two ways one can look for signals. The First way is to look for impulse wave, wait for pullback, then wait for signal.

The Second way, is to wait for a signal then run through th rules. This might help those people who like to process this way. 

Start with Is there a Signal.