The Fruit - A Powerful Trading Strategy [Archived]
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: The Fruit - A Powerful Trading Strategy
a little bit more fun and a few more training slides created. hope it helps.
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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!
-
Darren
- Posts: 891
- Joined: 20 Nov 2012, 13:54
- 12
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: The Fruit - A Powerful Trading Strategy
Darren wrote:Great trade examples - thanks Immy
Thanks Darren
I have a question
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: The Fruit - A Powerful Trading Strategy
Today the London Session was spectacular. We had good discussion about elliott wave the AIMS way as well.
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: The Fruit - A Powerful Trading Strategy
Hi Guys
I have arrived in central europe. And I received a gift. before we could leave the airport terminal I hooked on using my little dell notebook. (13inches). And managed to do this while Mum was busy shopping some gifts in the "centrum"
"Why Did I take this short from up there. The angle was not good. Why?
I saw a 1-5 completed to up side. I also saw that trend was down on h1. and this 1-5 up was a corrective wave on h1. It touched the green line. Now the question is, if you're not doing MTF analysis would you have stil lcaught it? Absolutely yes.
Why?
Because. You'd have gone long to go into wave 5. and stopped and reversed at this fruit. Or may be you would ignore it for lack of angle. Both cases its ok. Plenty of more setups and trades to come specially on m1. "
Plus: been monitoring some aimsters account and found out this.
The guy maintains 71% success rate. does not use anything but Basic Fruit template but has a knack for picking great trades and not taking not so great ones. don't know how she does it but she's really good at it so far.
I have arrived in central europe. And I received a gift. before we could leave the airport terminal I hooked on using my little dell notebook. (13inches). And managed to do this while Mum was busy shopping some gifts in the "centrum"
"Why Did I take this short from up there. The angle was not good. Why?
I saw a 1-5 completed to up side. I also saw that trend was down on h1. and this 1-5 up was a corrective wave on h1. It touched the green line. Now the question is, if you're not doing MTF analysis would you have stil lcaught it? Absolutely yes.
Why?
Because. You'd have gone long to go into wave 5. and stopped and reversed at this fruit. Or may be you would ignore it for lack of angle. Both cases its ok. Plenty of more setups and trades to come specially on m1. "
Plus: been monitoring some aimsters account and found out this.
The guy maintains 71% success rate. does not use anything but Basic Fruit template but has a knack for picking great trades and not taking not so great ones. don't know how she does it but she's really good at it so far.
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: The Fruit - A Powerful Trading Strategy
A beautiful NEO Session live with Kyle, PPP (pankajh P from Pune) Frank and Sky
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: The Fruit - A Powerful Trading Strategy
My mind is Sure about ,"there is going to be wave 5" so I thought ok, let me check it out. though I just announced end of session for me.
Trading is fascinating stuff!
Trading is fascinating stuff!
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: The Fruit - A Powerful Trading Strategy
immy wrote:My mind is Sure about ,"there is going to be wave 5" so I thought ok, let me check it out. though I just announced end of session for me.
Trading is fascinating stuff!
Trade Taken at news time. My idea was that I'd employ the new strategy if it spikes. It did spike down, retraced full 100% and then started droping .
Trailing AIMS (using EA) brought 104 pips while I was driving to the other end of Britain!
Risk 6 Pips
Reward 104
Ratio: 1:17
Since I only take .25% risk per trade it was still a nice 4.25%. [be very aggressive with trading and conservative with money management = My philosophy of Risk Management) This keeps you busy with trading and very light on your feet! Losers dont hurt that much and winners don't take you to euphoria.
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: The Fruit - A Powerful Trading Strategy
A typical pattern that happens during Stage 2
Today we had healthy discussions in the Skype Room. And we talked about STage 2. Stage 2 is the hardest part and it consumes your emotional energy.
here I'll share through picture, one of the typical pattern that often happens during stage 2 that follows stage 1 (fruit entry).
Today we had healthy discussions in the Skype Room. And we talked about STage 2. Stage 2 is the hardest part and it consumes your emotional energy.
here I'll share through picture, one of the typical pattern that often happens during stage 2 that follows stage 1 (fruit entry).
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!
-
Tomi
- AIMSter
- Posts: 954
- Joined: 08 Jan 2012, 19:21
- 13
Re: The Fruit - A Powerful Trading Strategy
Exactly! The same pattern caught me on DAX/Frankfurt session today. Moved SL on short too early and paid the price for that education.immy wrote:A typical pattern that happens during Stage 2