I don't know where you got the S/R line from, but from what I see, this is a Class 1 Bullish signal. (Number 3) anyways NEXT
Discussions and Chat
-
immy
- Founder
- Posts: 9660
- Joined: 22 Nov 2010, 16:46
- 13
Re: TRADES : Taken, Filtered, Analysed for and by Everyone
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: 9660
- Joined: 22 Nov 2010, 16:46
- 13
Re: TRADES : Taken, Filtered, Analysed for and by Everyone
The smaller the impulse move the more usefl the 1's. after a strong move like this, you don't want 1, you want it to come back to moving averages. You see further back, when it first gave the signal, there 1.2.3 would be all great signals.vickyp wrote: ↑23 May 2022, 12:47Hi Immy
I was watching this one, this morning the 3 doji had just formed. I have been working through the course, and I didn't take this as I thougth after watching the videos it was best to wait till the levels to the left had been passed. Also being at the open of Asian markets, it doesn't trend like the other 2 opens. Tonight looking at it, it would have been a good one to take!
My question is, the first 1 signal, would have filled but then taken you out at -1R. Is a 2 or 3 a better signal than the 1's? also because it had gone back up to hit the MA would this give it more possibility?
I have taken a few 1's now resulting in -1R's so I am just wondering. I have got the last few lessons to still do on the banana course.
Many thanks
Vicky
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: 9660
- Joined: 22 Nov 2010, 16:46
- 13
NASDAQ 100 PO adjusted
PO NAS Short 1/2 Risk TP 5R
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: 9660
- Joined: 22 Nov 2010, 16:46
- 13
Re: NASDAQ 100 PO adjusted
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: 9660
- Joined: 22 Nov 2010, 16:46
- 13
US30 - H1 Short off the Highs - Quarter Risk
US30 - H1 Short off the Highs - Quarter Risk
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!
-
Minsk
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 2
Re: TRADES : Taken, Filtered, Analysed for and by Everyone
The irony...
My SL got hit in the same candle that would have given me 3R Profit
DS0 should not have taken this trade
My SL got hit in the same candle that would have given me 3R Profit
DS0 should not have taken this trade
You do not have the required permissions to view the files attached to this post.
Last edited by Minsk on 23 May 2022, 14:02, edited 1 time in total.
-
immy
- Founder
- Posts: 9660
- Joined: 22 Nov 2010, 16:46
- 13
Re: US30 - H1 Short off the Highs - Quarter Risk
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: 9660
- Joined: 22 Nov 2010, 16:46
- 13
GBP/USD Sell Signal
The wave up is complete and the bears might take over... a FRUIT signal
https://www.screencast.com/t/gDfrmrOKE
Elliott Wave analysis on TradingingView
https://www.tradingview.com/chart/GBPUS ... -on-Cable/
https://www.screencast.com/t/gDfrmrOKE
Elliott Wave analysis on TradingingView
https://www.tradingview.com/chart/GBPUS ... -on-Cable/
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!
-
Minsk
- Posts: 498
- Joined: 11 Nov 2021, 16:11
- 2
Re: TRADES : Taken, Filtered, Analysed for and by Everyone
@Imi, about the 2nd USD-CHF trade I took, I now enlarged it way bigger, and I see both the seed and the Banana #2 are bullish. That does not invalidate the signal I think. Or? In hindsight I do think the Banana #2 was to climactic, looks more like a trend candle.
Fact is, that first time around when I took the trade I saw the seed candle as a bearish black one. As I obviously did not enlarge enough.
Fact is, that first time around when I took the trade I saw the seed candle as a bearish black one. As I obviously did not enlarge enough.
You do not have the required permissions to view the files attached to this post.
Last edited by Minsk on 23 May 2022, 14:23, edited 1 time in total.
-
immy
- Founder
- Posts: 9660
- Joined: 22 Nov 2010, 16:46
- 13
EUR/USD Signal? Is it Good one?
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!