Immy's Corner [The Setup The Hunt - T20's and more]

[immy]

some day's I'm not sharp as other days. and I have to keep an eye on my moods and observer ME. Today, I fee a bit of anxiety and a bit of boredom. So I guess, I need to do something that lifts my mood. I can see that my right leg is vibrating and I can feel burning sensation in my stomach. Thats defo anxiety, something is wrong on the thought plane. Perhaps subconscious thoughts are not resonating well. So I'm off to elevate my mood to change the course of my mind. It could be disasterous to remain in these vibrations as I may attract negative thoughts, people and events towards me. Lets find something to get me back on the escalator to the upside an upward spiral is better!

[Darren]

I have been trying to enter trades based on the 34 system today and I have a bit of a losing day so far. Some of my trades are the same as your Immy but I seem to have taken extra ones as well. Could you have a look and let me know if they are are legit trades?

[leoneill]

Hello Immy,

I´ve recently joined this forum. And while I enjoy reading all the posts, I must say that I like your postings in this topics the most. These ´real time´ posts are unbelievable valuable for me as a new trader. The way you guide us through your trades is a real eye-opener and give me insight in how you bring the entry rules to practice.

This brings me to a question about the trade in the latest post. I don´t see the purple line in the pic. In my terminal I have one. And there price was still a bit above the purple. So this setup was not a setup as I saw it. The M5 showed the Aims gator going up.
What were your reasons for entering here?

Thx. Eric

[immy]

Eric

Thanks for the kind Words. I took the trade long after news as it was a proper setup. but it did not move even though I gave it more than extra time to do something. Then I realized it was setting short so I close my position and went short. It was essentially against the purple at the first entry and as soon as another aims level was created below purple I added on. So basically I split my position to lower risk for counter trend move and added the later bit after it was on the right side of purple. as the market started retracing I saw reason to exit, which was trailing candles.

The reason you did not see purple on my template is that you have 3 options to choose from. Classic Setup as described in the "Beginning of Time" webinar, the v5.1 (as explained in the Setup book and V6.1 the Double Arrows. In this post you'll find more about these templates. the topic of this thread is Just Joined? Read About New Templates and Upgrades MUST READ http://www.itradeaims.net/forum/viewtopic.php?f=4&t=887" onclick="window.open(this.href);return false;

I hope this helps and and once again thanks for the compliments. They really do mean a lot to me.

[immy]

I have been trying to enter trades based on the 34 system today and I have a bit of a losing day so far. Some of my trades are the same as your Immy but I seem to have taken extra ones as well. Could you have a look and let me know if they are are legit trades?

I'd comment on this but before I do I'd like to see you trade consistently using our V5.1 following the rules of the Flow Chart. The v5.1 is designed to get you in tune with the market. It is after trading Classic and V5.1 for over 3 years that we got to trade the 34 System. Over 5 years over 5000 trades for me. Over 3 years for grant.

Ok Now I'll comment on your trades.

Fromt left to right 3rd 4th 6th 8th are wrong. Whats actually not right about this is 34 Comes in to Play only when the trend is confirmed. u can't just go long and short. and that knowing comes from practicing trading with eWave and Gators. If you're not in tune with the structure of the market, you cannot trade 34. 34 is advanced. 34 is for those who've already mastered trading in line with the structure of the market. But you may have ample amount of experience and by the looks of it, you are not too much on the wrong side. Its just that the market did not move, if it did move, you'd have made alot of pips.

Cheers

ps: I'm short on EJ from 125.24

[immy]

EJ short

[immy]

EJ short

[Darren]

I have been trying to enter trades based on the 34 system today and I have a bit of a losing day so far. Some of my trades are the same as your Immy but I seem to have taken extra ones as well. Could you have a look and let me know if they are are legit trades?

I'd comment on this but before I do I'd like to see you trade consistently using our V5.1 following the rules of the Flow Chart. The v5.1 is designed to get you in tune with the market. It is after trading Classic and V5.1 for over 3 years that we got to trade the 34 System. Over 5 years over 5000 trades for me. Over 3 years for grant.

Ok Now I'll comment on your trades.

Fromt left to right 3rd 4th 6th 8th are wrong. Whats actually not right about this is 34 Comes in to Play only when the trend is confirmed. u can't just go long and short. and that knowing comes from practicing trading with eWave and Gators. If you're not in tune with the structure of the market, you cannot trade 34. 34 is advanced. 34 is for those who've already mastered trading in line with the structure of the market. But you may have ample amount of experience and by the looks of it, you are not too much on the wrong side. Its just that the market did not move, if it did move, you'd have made alot of pips.

Cheers

ps: I'm short on EJ from 125.24

Thanks for the feedback Immy. All of your comments make sense!

[immy]

EJ short

[immy]

EJ short