ilmscore | How to find impulse legs ( Advanced pattern live profits )

Predictions from this Video

Total: 19
Correct: 0
Incorrect: 0
Pending: 19
Unrated: 0
Prediction
Topic
Status
The speaker is looking for further downside movement on Pound Yen after already banking 80 Pips and is targeting their second target.
"this Cipher pattern was on the pound Yen and has already banked us around 80 Pips we're looking for our second targets now hopefully we can get some follow-up movement here on the pound Yen as it as it falls down even further"
GBPJPY
Pending
Aussie New Zealand trade resulted in a profit of over 43 pips after a double top entry, with clear entry, stop, and target levels provided to EAP members.
"on aie New Zealand we actually had this trade this week and I'll take you guys over to that email now here as you can see my EAP analysis this was the fifth email I sent out this week on 105 and it was alerting traders that we had a nice double top entry according to our rules as you can see here I did have my levels pointed out for this trade a clear entry stop and Target to give anyone who has tested the system that you learn at the EAP and Incorporated it into their trading plan with a good risk management strategy an opportunity to get involved in this trade if they so choose so let's head back to the charts as you can see our entry level was right around here right after this double top that we got on the Aussie New Zealand and the market did push down to actually hit our targets currently up a little over 43 tips on this trade"
AUDNZD
Pending
A Pound Sterling trade has been ongoing, resulting in approximately 354 Pips based on EAP analysis.
"we look back at the pound Swift this is a trade we've been involved in for a while now looking at around 354 Pips on this trade based on the analysis as you'll learn over at the EAP"
GBP
Pending
A Euro New Zealand trade yielded approximately 53 pips after entry on a pullback candle, with the pullback highlighted in yellow on the 4-hour chart.
"it was on the Euro New Zealand and as you can see I put that I needed to see a pullback for the entry on this specific trade and if we head over to the euro New Zealand this was another trade that hit targets earlier and and if I zoom out to my 4H hour chart you'll see right here the pullback that I was talking about highlighted in yellow we were actually able to get involved on this pullback candle and we banked in around 53 Pips on this trade"
EURNZD
Pending
The D point completion of a Cipher pattern can be identified using a retracement tool from X to C, targeting the 786 level.
"from X all the way down to C with a retracement tool and we would have known where the dpoint completion of our Cipher pattern was going to be this blue 786 retracement"
Cipher Pattern D Completion
Pending
Advanced patterns on higher timeframes allow for limit orders as the D point completion is predictable, removing the need for constant monitoring.
"the real power of advanced patterns is the fact that you can set limit ORD you don't have to be around your computer if you're trading Advanced patterns on higher time frames like the 1 hour and the 4 Hour charts because you already know where your dpoint completion will be"
Advanced Patterns Entry
Pending
The speaker primarily uses limit orders at the 786 Fibonacci level (D point completion) for trading advanced patterns.
"most of the time with my Advanced patterns I'm just trading them with a limit order so our 786 this black horizontal line is going to be our dpoint completion and what I do is put a limit order at that dpoint completion"
Advanced Patterns Trading Strategy
Pending
The speaker will share specific rules and ratios for identifying impulsive moves to trade Cipher patterns.
"if you're having trouble finding them and I'll tell you guys exactly what I look for to find impulsive moves a little later on in the video and I'll also be sharing with you guys my rules and ratios that I use in the markets every day in order to trade Cipher patterns so sit back and relax through the intro and disclaimer and I'll be right back to talk about this pound Yen Cipher pattern and how I find impulsive legs in the market to draw my Advanced"
Impulsive Move Definition (Non-Subjective Rules)
Pending
The speaker will share specific rules and ratios for identifying impulsive moves to trade Cipher patterns.
"if you're having trouble finding them and I'll tell you guys exactly what I look for to find impulsive moves a little later on in the video and I'll also be sharing with you guys my rules and ratios that I use in the markets every day in order to trade Cipher patterns so sit back and relax through the intro and disclaimer and I'll be right back to talk about this pound Yen Cipher pattern and how I find impulsive legs in the market to draw my Advanced"
Impulsive Move Definition (Non-Subjective Rules)
Pending
An impulsive move is defined as a move that stands out in the market, characterized by its impulsiveness.
"the way I look at the market and the way I identify an impulsive move is a move that stands out so what do I mean by that and I also Define it as a move that is impulsive impulsive would just be a very impulsive move in the market"
Defining Impulsive Moves
Pending
An impulsive bearish move is characterized by a large number of red candles with very few, if any, green candles.
"so what we' be looking for is a lot of red candles if you're going for a short pattern as you notice here for this impulsive move let's look at this one as an example since we were just looking at this Advanced pattern do you see how impulsive that move is from our X to our a we have all red candles except one on the way down to our swing low"
Impulsive Move Characteristic (Candles)
Pending
A non-subjective rule for a bearish impulsive move is that the market should have no more than two green candles on the way down.
"so if you're someone that just has to have non-subjective rules for advanced patterns in order for you to test them correctly and trade them correctly then you could say for my impulsive move I need the market to only put in up to two green candles if you're going short on the way down on my impulsive move"
Non-Subjective Impulsive Move Rule (Bearish)
Pending
An impulsive move can be defined as having only one pullback candle in the opposite direction.
"another one you can use is an impulsive move has only one opposite direction candle pullback"
Non-Subjective Impulsive Move Rule (Pullbacks)
Pending
Impulsive moves can be identified by their ability to break through previous support or resistance levels.
"you can also say that your impulsive moves must break structure as you can see our impulsive move here breaks through a support level another impulsive move here breaks through a support level"
Impulsive Move Characteristic (Structure Break)
Pending
Impulsive moves are visually characterized by quick market movements with minimal pullbacks.
"it's just an impulsive move in the market where it looks like the market Falls pretty quick and without many pullbacks on the way down or up"
Defining Impulsive Moves (Visual)
Pending
An upward move is considered impulsive if the market moves up quickly with very few pullbacks.
"so this would be considered an impulsive move up and if we're looking at this this may I don't I don't think it's going to be a bad pattern I don't think that's quite a 50 no it's not but if this was to come down a little further let's pretend it made it to a 50% retracement this would actually be a good opportunity to take an advanced bat pattern because that move is impulsive the reason I think it's impulsive is because we move up rather quickly quickly with very few pullbacks on the way up"
Impulsive Move Example (Upward)
Pending
An impulsive move is characterized by rapid upward movement with minimal retracements.
"we move up rather quickly without very many pullbacks"
Impulsive Move Characteristic (Speed and Pullbacks)
Pending
Impulsive moves are strong directional movements with little to no pullback.
"impulsive moves are just going to be strong moves in the market in One Direction whether it moves strongly to the downside strongly to the upside with little to no pullback"
Impulsive Move Characteristic (Strong Directional Moves)
Pending
A non-subjective rule for impulsive moves is to have no more than three candles of the opposite color during the move.
"your rules for impulsive moves in the market could be no more than three opposite color candles in the entire impulsive move down"
Non-Subjective Impulsive Move Rule (Candles)
Pending