Jasmien wrote:Thanks Immy. I've actually had those questions in my head, thanks for clarifying them, I appreciate it
Hi Immy.
In regards to this video:
AIMS Stress Free Trading The Hunt Signals on Swissy Sep 2016
Just watched this video again, it felt like I've watched it for the first time. At 4.39 min you explained it so well with the short trade which was a famous Bar on D1 (which I've gone and checked out as well), so going to M15 it was such a beautiful setup 1, it's exactly those I love and feel comfortable with. Thanks for explaining it so well. It's actually quite a revelation for me, had to take a deep breath for it to all sink in today
In the video below I'll talk about a confusion about outside or pin bar setups that occurred today in the skype group. Mona thought it was a pin bar and others thought it was outside bar...
I'll also touch on PB fruits, cherry pb's, PC Cherries, outside bars/candles pinbars... Hourly, 15 min time frame and daily time frame
And the fractal geometry of Monarch Pattern and Setup 1
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.
I'm glad it was not a 5 min video ) it confirmed my understanding, so thank you and Mona.
I've also realised for myself as I love my setup's so much that it is much easier to use a hunt signal to take a good looking setup on 5XLTF's.
The Daily Pinbar's and OB bars are one of the best things other than setup's I've learnt in a while. I hope I will learn to pick the valid's ones, again the fact that this can be used as further confluence is gold. I appreciate your time.
Great video Immy! Thanks for confirming the setup's rules and the reassurance around setup's. The Pinbar example was also a good one, very interesting (hug)
Jasmien wrote:Great video Immy! Thanks for confirming the setup's rules and the reassurance around setup's. The Pinbar example was also a good one, very interesting (hug)
Appreciated and thanks for the comments.
one thing I always fail to mention during these videos is that nearly all or a large percentage of these PB/OB's have a tendency to pullback so while its ok for a beginner to have their SL and PO on the opposite sides of the D1 bar/candle for me I like to make the entry on the pullback using the H1 chart aims box levels. This way my risk is way smaller and profit targets are hit easier i.e. its probability of hitting gets increased. The better way of trading the pb/ob, as the price action gurus would tell you as well (confirm) is to wait for a pullback (this is where some of htem would go to lower time frame and find another price confirmation such as going to h4 or h1 and looking for a pb/ob TL break etc and taking a trade in that direciton. but for me its the setup and hunt signals.
hope it makes sense.
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.
Jasmien wrote:Great video Immy! Thanks for confirming the setup's rules and the reassurance around setup's. The Pinbar example was also a good one, very interesting (hug)
Appreciated and thanks for the comments.
one thing I always fail to mention during these videos is that nearly all or a large percentage of these PB/OB's have a tendency to pullback so while its ok for a beginner to have their SL and PO on the opposite sides of the D1 bar/candle for me I like to make the entry on the pullback using the H1 chart aims box levels. This way my risk is way smaller and profit targets are hit easier i.e. its probability of hitting gets increased. The better way of trading the pb/ob, as the price action gurus would tell you as well (confirm) is to wait for a pullback (this is where some of htem would go to lower time frame and find another price confirmation such as going to h4 or h1 and looking for a pb/ob TL break etc and taking a trade in that direciton. but for me its the setup and hunt signals.
Hi Immy thank you for the midweek video, not sure if you realise how helpful they are, so much insight, sometimes it's a confirmation to what I saw, very often an A-ha moment, such a great learning tool.
) it confirmed my understanding, so thank you and Mona.