THE NEW Strategy --- THe iMi Method

[Darren]

No trades from me today for Box seeds.

[immy]

No trades from me today for Box seeds.

I was going to write this down earlier, and I suddenly spotted the 19.00 seed on DAX. Please have a look, at the end of the session, dax goes sort of dead and creates tiny seeds near 19,00 and 20.00 . its a bit risky in terms of gaps over night but see for yourself and you'll hopefully find something interesting... let me know aye (where the heck was Pankaj today?)

[Darren]

Interesting observation - sometimes it can lead to something great straight away but other times the market doesn't move much up until the close but the open the next day continues in the right direction. Something to watch for a while I think...

[immy]

Interesting observation - sometimes it can lead to something great straight away but other times the market doesn't move much up until the close but the open the next day continues in the right direction. Something to watch for a while I think...

do you also think, when you scroll through your charts, that may be you should only take seeds meet both the gator and open line criteria? afterall Gator open means, HOT pair, in a way??? It can't be that it has not moved and gator opens? hmmmm ? ?

[immy]

but the purpose of this startegy is to put emphasis on price. We don't need the "crutches" of indicators to help us walk the path.

market is either trending or its going sideways. and its visible on my screen without doing any work on it. you can just see it. cant you? believe what you see... :-B

[Darren]

Although I have the gator on my chart I don't really look at it as it is obvious if the market is moving or not! I shall leave it there just for observation for a while though.

[immy]

Is it good to trade in line with the trend?

The Trend is Your Friend? Go with the Flow? Be inline with the The path of least resistance? Are all these age old "maxims" true or just "cliche's" ?

Is it possible to Get into THE NEXT trend before you actually SEE a trend?

Now we are talking. There are two ways of doing it .

1. Fruit reversals during rambunctious busy markets. Get in utilizing low risk entries (range of only one bar) let it run until it forms into a NEW TREND
2. Breakout entries during a. higher time frame trending markets b. sideways markets, using low risk entry (tight seeds) and get into the NEW TREND.

Note that in both the cases "there is no trend" in the NOW. Think about it. Whenever you take a seed, you say its a trend but actually its not a trend. Its a pause. You are looking to into THE NEXT trend. Think about this over the weekend.

So today, Cable gave a signal within what at that time looked like a "sideways " market, to most, a SHITE, a clusterfuck. But to the SEEING EYE it provided a spot where Archimedes might SET his Giant Level to move the world. It was the initial spot in Chaos where a small change (cause) can "spiral" into HUGE outcome/effect. When I took the signal I thought "what if" ... I think I said it in the skype room first thing this am. @pp I'm sure you can recall this.

Chaos INFLUX Points.png

and now GU stands at (as I write, 7.35pm uK) 210+ pips for a risk of 8 pips. that's a 1:26 Risk Reward ratio for that first entry. and there are two more signals. Now WHAT IF this is the Start of the NEXT Wave 5 on the D1 chart???

[immy]

Here are couple of infographs

If you struggle with the idea of getting in before others why not try this approach.

How to Trade D1 Chart with Seeds.png

2016-09-16_19-59-44.png

[immy]

Do you wonder if there are other ways to use this wonder inside bars?

If you wondered you are creative and I like that. However without a solid resolve and a good trading plan, this creativity often leads us into trouble. We stop trading what we ought to trade while we are busy "exerting" our energies, Creative Energies, that we could have used to create profits in the market, utilizing our "beloved" favourite strategy. Instead we embark on a journey of finding the Ultimate FIX to all the problems.

There is as such no such thing, however having said that, the "wonder" actually does lead to something. Now suppose you've found "value" in the box seed method, i have, and you then wonder, while taking benefit from this on h1, what if you could explore other ways to benefit from this.

And "yes" there are other ways. One simple idea is as follows. I've used it alot in the past and I still use it.

If you trade a market other than the m30/h1 time frame, the Daily Open line "its no magic, its just line in sad, trust me". We know that Setup 1 is a great concept. And that Setup 1's are Inside bars, simply put. We also know that Gator is a great "measure" of the immediate trend.
I guess you know what i'm going to say next. (darren, its not just to tease you) ...

Method: Trade Seeds (IB) outside Gator... only when gator is open. Test this idea on any pair, time frame. ... you'll be amazed. e.g Trading the m1 chart (what kind of idiots would do that) ... or any other pair or time frame. The line in sand is GATOR this time, NOT the open line.

now , leave the above idea in the TESTING BOX and focus on trading our method ... Today is the BEST day to help you remain motivated... isnt it?

examples: Gold chart . Oh this was easy peasy wasn't it?

3.png

and i'll never forget ll UJ in 2014... not once but TWICE

During Aug 2014 this happeend.

4.png

and then as it recovered from a daily wave 4

5.png

Did you need OPEN line in the above examples? Nope, but its something i promised above, that I will show. There are other ways to benefit from SEEDs as well. and this won't require you sacrificing any of your time that you need for trading BOX SEED on H1. like it?

ps: I take it you are clever guys and you'll spend some time doing some back testing on BOTH ideas and let me know what you found. (btw: all seed entries can be turned in to D1 trades.. .wink wink )

[Darren]

Today was a profitable but frustrating day for me. It was also very enlightening to see the power of the Box Seed even if I only utilised its power by a small fraction.

I dismissed EU as it has been range bound recently. The 13:00 seed was valid though but it would have been a rent for me had I taken it as the 15:00 candle hit the SL to the exact pip before dropping. Did you take the 13:00 seed Immy and if so where was your initial SL?

UJ did have a seed at 12:00 which would have been a FT then a BE trade. Again, I didn't trade this seed as I missed it for some reason, maybe as I had subconsciously dismissed the pair as it didn't seem very active.

I didn't take the 7:00 GU seed as discussed in the skype room but I can see that it would have been a great one to will try to take them in future. I took the 11:00 seed which became a FT then dived after the US news. I was watching the chart and saw it bouncing around the H4 fractal from the end of August. I thought it could bounce and retrace and as it was over 100 pips up since my entry and it was Friday afternoon I took profit at about 4.5R. It then dropped another 90 points so I lost out on another 4R so maybe I was a bit eager to bag some profit. I didn't take the 14:00 seed but in hindsight it was a great opportunity as news was just about to come out. Lesson learned!

2016-09-16_2048GU.png

Congratulations Immy on a great day for you, I will share the same results as you soon! ^:)^