THE NEW Strategy --- THe iMi Method

[immy]

Hmm...seeing Immy's pic for the first time. B-)

Hey my pic was on for a years and years here

[Jasmien]

Hello iMi

[immy]

Welcome @Jasmien @Ghost

Please find below AIMS Box and Seed Indicators. and Template

Updated the previous template.

[Jasmien]

So There will be Two Sorts of Entries on The Box Strategy... I gave you hints earliers...

Entry 1. Pure Seed (not hunt seed, just an IB) above the Open Line = Longs Only Below Zero Line = Shorts Only. Entry a pip above the bar high plus spread, SL a pip below the bar low. Risk chose between .25% to 3% depending on your risk appetite and account size but don't change it from trade to trade or day to day. Stick to on. 1% is the best. You may close at 1:1 half of the trade and leave SL at original spot. if price moves too quickly in your favour then you have better change of banking more money at closing half and then trail the box.

2nd type of Entry: INSIDE BOXES... i.e. SEED BOXES
Trade the Tight Box which has high and low within the high and low of hte boxes to the left. trade it longs if the box high is above the OL or short if the box low is below the OL

Very nice Post!

[immy]

Here is my AIMS 2.0 Template

You don't have to follow my template
You can have your own template the way you want it

This is just an idea.

AIMS 2.0.zip

AIMS 2.0 on my Template looks like this

AIMS 2.0.png

AIMS 2.0 1.png

Pairs to Trade

DAX M1 and/or Dow Jones M1 [Trade Both or Either upto you]

Currencies EUR/USD GBP/USD USD/JPY GBP/JPY (3-4 pairs of your choice could be anything you like)

Time Frame for Currencies M15 (I am an Intraday Trader)

Is it a Trend Following Method? YES
Is it a Price Action Method? YES
Is it a Trend Reversal Method? YES
Does it Trade within Ranges? YES
Is there a Role of S/R in this Method? YES
Can I Draw Trend Lines or use eWave or other Oscillator? YES if you wish
Can I Chose to simply trade using other AIMS templates? YES ofcourse

Can I add what I've learned from The Setup Method? OH YES
Can I Add what I've learned from the Hunt Method: Oh Yes please
Can I apply the methods shown earlier in this topic, Boxeed? Absolutely Yes.

What are my goals?
I want to hit my target of 2.5% per week.
I want to hit my target of 10% per month
Dollar (£) Value: I want to make 1250 per week (2.5% of 50 Account)
If you have a 10K Account then it would be 250 Per week. That's better than a Job.

[immy]

Play off the London Open Price
You may also play off FO line if you like or both. Up to you

Watch Price, feel it, and see what's its doing. Use intuition to your advantage. E.g. after watching price all day, I was pretty much in tune with it.

Intuition and Patterns 1.png

and then this

Intuition and Patterns 2.png

could you have traded the same pattern on the Fruit method

yes in deed. But what's the Difference ...

Intuition and Patterns 3.png

The Difference is not what's on the chart. but what's inside of my head.

I saw the next move coming not using the other template. Whereas AIMS2.0 concept lead me to "predict"
what was "most probably" going to happen next. CONFIDENCE is the word.

Moreover, this method lets you trade both trend and range bound markets. And lets face it, we know that markets stay in ranges
Far, too far, more than it trends. If we are generous we'd say it trends 30% of the time. So what about the 70% of the time?

Well not all of that 70% of the time is tradeable. But ...

But using time frames and price levels and a market that moves around anything above 30 points from to to bottom of a range.
We can make profit on a daily basis.

[immy]

I'm sure you have noticed that this topic is not new. The topic has been created June 2016. Yes, because I don't just bring changes into my trading simply with a month or two months of data or testing. Before I share with anyone, it must prove my tests. And I see loads of benefits of this.

Its MY STYLE. Its My WAY of trading. Totally mine. You can make it yours too. The fundamentals of trading don't change.
Its not about you finding a strategy that works. its actually about you finding a strategy that fits you.

Find a strategy that you can HACK. one that gives you confidence. This is mine, can you make it yours?

I was following Dow and thinking. There is too much fear in the market. People will be getting out of positions.

They don't want to get a shock of big drop, massive gaps when markets re-opens after Xmass holiday.

I looked at hte market at the open midnight. too some trades. It was moving. I thought, good my thesis was correc.t

Come this LO, there were some opps but i did not take them. as here in the picture.

dow at LO.png

A couple of hrs later, i saw something interesting building.

Dow Pre Xmass 1.png

Dow Pre Xmass 2.png

And so I will not be teaching with taking pictures off my charst live like this and annotating while i can actually make more money. these will be last. After this we will talk about it in my new voice chat. This was my original plan after skype but Sam came up with Slack and we stuck with. Slack is good. but no voice.

[immy]

One of trading is to wait for Breakouts and then catch pullbacks.

Below I show this on the Fruit template. but you've already seen in the post above, that AIMS2.0 allowed me to take advantage of the break itself. and then it gave me chance to trade the pullback as well. but i was more concerned about trying to teach you guys how to trade it. I was making screenshots. I must not do that again.

So on this chart on m1, you see market broke out of the range. As I marked in the AIMS 2.0 trade in teh post above. Then it broke out nicely.

Trading Moving Markets Only - Setup Chart.png

And in the chart below you see the 5xLTF how beautiful 1-5 EASY pattern was created. Simple aye?

Trading Moving Markets Only - Entry Chart.png

And now, check it out on AIMS 2.0 nearly naked chart. What makes you more confident. What makes it simpler and easier?
Less analysis does.

Trading Moving Markets Only - Entry Chart - AIMS 2.png

[immy]

Here is a little something I have not shared , i think. I ran a little test on this 1K account for a month.
I think it was 2016.

The results speak for themselves. Profit factor of 1.65 is epic.

http://www.myfxbook.com/members/yousafz ... ed/1776801

I must say I missed alot of signals as it was one of the several accoutns i was trading.

[immy]

USD?JPY

There was a question, is it all the way ? yes it was so what.
actually we want to take all the signals in a moving market. We are not trying to catch just one wave. We are trying to catch a Free Trade entry and hopefully hit a VERY big Trend on the larger time frame.