Hi Immy,
Could you please shed some light on this one (chart below)
- we have a FRUIT
- we have a divergence between PRICE and AO
- let's suppose that we have an angle between GATOR and PRICE (which is not obvious on this one, but let's suppose)
---> than I decide to take the FRUIT, enter a trade countertrend...But then I'm trading WAVE 4. Is this an exception of when we can trade WAVE 4? Or should we "interpret" waves as I marked them w3 and w5 of lower timeframe, then we would enter whatever impulse wave of this lower time frame? Or...???
Thx in advance
KR
The Fruit - A Powerful Trading Strategy [Archived]
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francisrama
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Re: The Fruit - A Counter Trend Strategy
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I Am, That I Am!
Fran
Fran
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immy
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Re: The Fruit - A Counter Trend Strategy
Someone asked if I post charts about Fruit and Seed... so here they are... (the point is - I don't always have to post charts do I?) But I like doing it. At the same time I don't want to fill the forum with all of MY posts only... so please hep me here... 8-} Never the less here is a UCAD Fruit Setup... (one was taken in August, against the rules haha) fruit both valid.
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!
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: The Fruit - A Counter Trend Strategy
Updated on Ucadimmy wrote:Someone asked if I post charts about Fruit and Seed... so here they are... (the point is - I don't always have to post charts do I?) But I like doing it. At the same time I don't want to fill the forum with all of MY posts only... so please hep me here... 8-} Never the less here is a UCAD Fruit Setup... (one was taken in August, against the rules haha) fruit both valid.
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 Counter Trend Strategy
UCAD
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 Counter Trend Strategy
Cable Fruit D1 Setup is looking good now.
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 Counter Trend Strategy
A Cable Fruit to the upside. Its now secure with a part / half close and SL moved behind AIMS levels. Lets see which side wins.
Either way I have a trade. On the dailies I'm short, on H1 I'm long...
Either way I have a trade. On the dailies I'm short, on H1 I'm long...
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 Counter Trend Strategy
I was long there already earlier but market stalled for 4 hours before GBP news. Closed manually in BE before the news.
On the other hand, EUR/USD long and USD/CAD short worked really nice!
On the other hand, EUR/USD long and USD/CAD short worked really nice!
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: The Fruit - A Counter Trend Strategy
A Swissy Fruit trade. I'm not too sure/confident about this but we'll see. If the daily trend continues to the downside then it may produce a good trade. otherwise it will be toast.
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 Counter Trend Strategy
There was another nice spot for add on's early this am. so added there using S1 type setup, Gators sleeping first entry was secure and it all looked like breaking to the south pole...immy wrote:A Swissy Fruit trade. I'm not too sure/confident about this but we'll see. If the daily trend continues to the downside then it may produce a good trade. otherwise it will be toast.
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!
-
Dave
- AIMSter
- Posts: 865
- Joined: 13 Feb 2012, 06:05
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Re: The Fruit - A Counter Trend Strategy
Just a quick question about fruit entries....
If you get a fruit signal (eg short) and the following candle does not trigger the short but breaks the high of the fruit, do you cancel your pending? I know we're picking tops and bottoms but if the break of the high is only by a fraction then this could almost be considered 'bud-like'.....
Thanks, Dave
If you get a fruit signal (eg short) and the following candle does not trigger the short but breaks the high of the fruit, do you cancel your pending? I know we're picking tops and bottoms but if the break of the high is only by a fraction then this could almost be considered 'bud-like'.....
Thanks, Dave
Now, I choose to make a profit in trading.