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Showing posts with label Amazing Ideas. Show all posts
Showing posts with label Amazing Ideas. Show all posts

Tuesday, 2 July 2019

Forex Trading with Cherry Signal - Secret Remedy

I won't take much of your time. Time is precious we all know that. So here we go.

AIMS The Hunt Strategy has a signal , an Entry Signal  Called The CHERRY.

The cherry signal or AIMS The Hunt method is a Higher Probability System.

What is Probability? 

According to Wikipedia, 
"Probability is a measure quantifying the likelihood that events will occur"
 AIMS The Cherry Signal or AIMS The Hunt System is a "Higher Probability System".
This method, now tested by dozens of AIMSters, has a proven 66% win rate. You can test it too. Either Live trade (forward test it) using 20-50 trades or backtest it.


Current Example AIMS The Hunt - Cherry Signal

GBP/JPY
Lets take a look at today's chart of Pound vs Yen. The "Dragon" or Geppy. If you'd like to know how to catch winners easily check out my blog post. 

Here is The Hourly Time Frame Chart. 
What you'd see is a yellow circle, that is the Cherry Symbol. It has a specific proprietary algorithm behind it that checks a number of rules. Once those rules have been satisfied, that is the Algorithm applied, it shows this "high probability signal". 


It was a great signal worth 4% Gain. 

What's interesting is that due to "AIMS Fractal Geometric Symmetry"  concept, the 4 times lower time frame, i.e. M15 chart has a lovely Setup 1 signal. 

Below GBP/JPY M15 Chart. Showing a Class 1 Setup 1. Great Trade. 


#Gold Entry $1330 Profit Running at Current Price $1430 ($100 Profit)

Thursday, 18 December 2014

Trading and Intuition

I Share with you a very good article written by Adam Milton, About.com Guide

Trading and Intuition 

I was once asked by a trader how they could determine if a market was moving decisively (i.e. was moving in a single direction), and my answer was that if they were not sure, then the market was not moving decisively. In other words, if they looked at a chart and they didn't immediately know which direction the market is moving, then it was not moving in a single direction.

Intuition and Instincts
I was suggesting to the trader that they use their intuition and instincts in deciding if the market was moving as they required, rather than a fixed measurement (e.g. an indicator being above or below a particular level). Intuition and instincts either play an important role in trading, or they play no role at all. This is because they apply differently to discretionary and system trading.


Discretionary Trading
Discretionary traders can (and very often do) use their intuition to confirm (or negate) their trading decisions. For example, a trader might decide not to make a trade because the trade would require a slightly larger stop loss than usual, even though all of their entry requirements had been met.

While discretionary traders are able to use their intuition and instincts in their trading, they need to make sure that they do not confuse them with fear and greed. (Immy: This is a Very Important Point)

For example, whenever a trader decides not to enter a trade based upon their intuition or instincts, they need to know why they are doing do, otherwise it is possible that the decision is based upon fear of a losing trade. Similary, if a trader decides to hold a trade longer than usual, they need to make sure that it is their intuition rather than greed that is making the decision.

Knowing the Difference b/w Intuition and Emotion 
Knowing the difference between intuition and emotions is something that will come with experience. (Immy: Here is an Easy Way to Find Out whether you are trading with Intuition or Emotions? The newbie might find him/her self mostly in the later category.) In the meantime, if you are making a trading decision and you find that your heart is racing or that you are starting to sweat, you are probably making an emotional rather than an intuitive decision.
 
System Trading
System traders on the other hand, cannot use their intuition in their decision making process. System traders make their trading decisions during their testing and analysis of their trading system, rather than during live trading. If a system trader starts using their intuition and instincts to modify their trading decisions, they are no longer a system trader, and they may need to modify other aspects of their trading accordingly (i.e. there is no such thing as a part discretionary and part system trader).

Wednesday, 3 December 2014

4 great articles on successful forex trading

I'd like to share 4 great articles about successful forex trading. They cover the most important aspects of trading successfully.

1. Four  Self Defeating Trading Habits you need to break  by Nial Fuller - Nial is a an awesome trader and a gentleman. Visit his website for great trading ideas and more amazing content.

2. Beginners Guide to Metatrader  If you're completely new to trading or forex trading this article has great information on how to use the most popular forex trading software.

3. Learn Forex Trading at the School of Pipsology So you'd like to learn to trade forex? Well look no further. Visit Babypips forex trading school. They have put together all the information one needs to learn to trade the amazing currency markets.

4. The art of Position Sizing for Forex Trading The difference between novice traders and experts may be simply their understanding of risk and position management. Professional traders know when and how much to risk and how to manage their risk.

Hope you enjoyed these articles. If you'd like to be notified of new posts to my blog please subscribe to our mailing list (Look to the right of your screen) 

When is it too late or too early to buy a pullback? 

In order to answer this question first ….  Let’s quickly do some repetition. Let’s quickly do some repetition.  Let’s throw in some trading ...