📖 Jesse Livermore famouse Quotes 📖Jesse Livermore famous quotes:
“Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.”
- Jesse Lauriston Livermore.
“There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.”
- Jesse Lauriston Livermore.
“He will risk half his fortune in the stock market with less reflection than he devotes to the selection of a medium-priced automobile.”
- Jesse Lauriston Livermore.
“Losing money is the least of my troubles. A loss never troubles me after I take it. I forget it overnight...”
- Jesse Lauriston Livermore.
“Profits always take care of themselves but losses never do.”
- Jesse Lauriston Livermore.
“Go long when stocks reach a new high. Sell short when they reach a new low.”
- Jesse Lauriston Livermore.
“It is not good to be too curious about all the reasons behind price movements.”
- Jesse Lauriston Livermore.
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Famous
What is The FAMOUS SETUP? Xmass GIFT for Everyone Today I'm going to share with you one of the most powerful Trading Pattern I've found and traded since 2012.
How to Predict Tomorrows Wave 5 10 Hours in Advance and Trade it with 80% Win rate?
We have a topic in our AIMS Forum dated Feb 13, 2012. Still running and still valid. and hopefully will continue to work for the years to come.
This video explains what is The Famous Setup and How to Take it.
Famous setup is based on the concept that
>>> Wave 3's of H1 time frame usually last between 2-3 days followed by 1 day sometimes 2 days Wave 4 and then 1-2 days Wave 5.
What we do is when we see a strong move on a pair (today) we expect it to go sideways during Asian session.
We want to see it creating pancake tight sideways horizontal flat aims boxes. (A tight Range)
>>> and then we catch the 5th of wave 3 of h1.
Our preferred way is to go to m15 and find a S1 (a breakout Setup into Wave 5) but we can also simply trade the h1 level at LO on H1 time frame.
Entry checklist:
- W3 on H1 from previous days London/US sessions;
- W3 has not shown divergence, interweave divergence (as 5 of 3 may be done);
- Flat/sideways Asian session, shown by M15 sleeping alligator, close to ZL, or by very small H1 AIMS box;
- W3 has not retraced back to the zero line, although this may give a genuine S1 into W5.
- Entry on break of M15 level with opposite M15 level as stop-loss;
- Entry can also be taken on H1 level using H1 chart.
GBPJPY Buy Signal - Breakout into Wave 5This is what I call the famous setup.
8 hrs ahead of time you know what you are going to do at the frankfurt open..(potentially)
Now if it stays sideways within the marked boxed zone. we can then trade the Wave 5 up... towards Target Zone
Same like the EUR/GBP attached below
EURGBP Short Signal - Famous SetupThis is typically what I call the Famous Setup
On the H1 Gator will be open and during Asian session the price goes sideways, boxed sideways
at Frankfurt open, if the box is tight, take the break out into Target Zone area marked
USDCAD: Famous Setup on the M15 Chart The USDCAD has created an interesting situation
Time to Trade: At Frankfurt open tomorrow.
Time Frame M15 or H1
Direction: Short
USDJPY - BUY SETUP - The Famous Setup Either at Tokyo Open or else at the Frankfurt Open
This will shoot up.
If price goes below purple then its invalid.
price must stay inside this box (ghost feed)
USDCHF - THE FAMOUS Setuphis is a particular type of forecast that we do on the Hourly chart but look for entries on the M15 chart
I call it the Famous Setup ...
So if you wake up tomorrow and see price behave as the ghost feed suggest, i.e. it stays within the boxed sideways range
IT would create an opportunity to go up into the Next WAVE 5 on the M15 chart...
remember if price already moved before Frankfurt open or if it pulls down too much this setup will not be valid.
But this FAMOUS setup allows you to prepare 11 hours ahead of time.
Lets see what happens overnight...
GBP/USD Buy Setup at the Frankfurt OpenTime Frame : M15
Conditions it must meet:
At the Frankfurt open check that
Price created a sideways boxed tight range the m15 chart.
Price did not retrace more than 38%. Preferably stayed sideways as shown in the picture on the m15 chart to the left
Look for a breakout long. Tight SL 2 R target.
What violates the signal?
If price created a deeper pullback Wave 4 down. or price continued to go up without creating a range during Asian session. then it's void.
Famous DAVES Fibonacci Bounce Backed By Strong News Over Jun/JulCompany Information:
Famous Dave's of America, Inc. (Famous Dave's) operates restaurants. The Company's restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has the Company-owned and franchise-operated restaurants in the United States, the Commonwealth of Puerto Rico, and Canada, and it operates within the industry segment of foodservice. It operates approximately 179 Famous Dave's restaurants in over 33 states, the Commonwealth of Puerto Rico and Canada, including over 44 the Company-owned restaurants and approximately 135 franchise-operated restaurants. Each restaurant features a selection of hickory-smoked and off-the-grill barbecue favorites, such as flame-grilled St. Louis-style and baby back ribs, Texas beef brisket, Georgia chopped pork, country-roasted chicken, and signature sandwiches and salads. Its restaurants offer side items, such as corn bread, potato salad, coleslaw, Shack Fries and Wilbur Beans.
Short Interest
509.56K (06/28/19)
P/E Ratio (with extraordinary items)
10.11
Analyst Target: $9
Recommendation: BUY
Discipline management is one of the hardest things to master. Discipline management is one of the hardest things to master . At the same time, it is the most important element
of successful trading.
It is up to every trader to establish a pre-market routine and build strong trading habits.
You should strive to attain discipline if you ever hope to achieve any level of trading success.
Trading discipline is practised 100 percent of the time, in every trade, each and every day.
If you want to trade the market,and you still find it difficult because your strategey doesn't work or you don't
know what to do, iam here, and i can help you.i have a trading method that helped thousands of traders
become profitable,it is easy, simple, and very profitable, and it will work certainly for you. if you are interested Just Send me A private Massege
Gold bullish steam is still activehello traders a very warm welcome to to my profile
as you know gold is currently trading at 1316
what i am looking for as a target on a short term perspective is 1325
i may close my trade at 1307 if it go against my vision
Thanks for following
Trade at your own risk :)
Looks interesting trade some shares of Nathan's Famous.My sugestion:
Entry point: 44.20
Stop loss: 36.50
Profit target: 66.49
