USD/JPY Hunt – The PC Cherry Signal.
It was rather a simple setup. I saw it, shared it in Skype group. Everyone knows how to trade a certain signal. But some times you make a little adjustment in terms of target/take point area. In this case I only wanted to target the high of the box for slightly under 2R (3%) trade.
|#USD/JPY Buy Signal. Nice 3% profit.|
The fun part is that I saw the signal at 2pm UK time, had the orders in, then went for a late lunch, picked children form school and when I returned around 4pm it had already hit its take profit level. #LetTheMoneyWork4U Let the money work for you, don’t work too hard. The best form of trading is when you can simply leave your chart because you have a plan that has 3 possible outcomes.
AIMS Trading Plan teaches you this technique of trade management. We always have 3 possible outcomes out of a trade. Each of the outcome has a 33% chance of happening. 33% losing trades (we call them rents) 33% winning trades and 33% break-even trades (I call them winning as you’ve made back your potential loss)
EUR/USD AIMS The Hunt Sell Signal
Next up is the euro dollar pair where we had a sell signal. It was a bit iffy but after some deliberation I took it as there were signs it might go down. The signal was there to take. Its a Free Trade (where we have already banked profits and stop loss is at entry level so no risk there)
|EUR/USD Sell Signal. No fuss sell signal simply set your orders and walk away.|
You can see that our charts have remained nearly the same in the past 7 years of trading. Thats when I started this blog, back in 2010. And still trading the same system? One would wonder why? … IT WORKS…
CAD/JPY Buy Signal – AIMS The Hunt – Cherry Signal
Here is another open trade where we are long using A Cherry Buy signal. Its a simple process, you get a signal, you apply your filter rules. Most of the entry rules are coded into these indicators so you need not do that analysis. Its already encoded.
A good trade where we have taken half at 1R and letting it hit its take profit level. We’ll see tomorrow.
Have a good night …
|CAD/JPY H4 Buy Signal – AIMS The Hunt – Cherry Buy Signal|