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- lbtrader replied Mar 4, 2023
Well done Bee-Hop, it's a shame that it stopped you at BE as it reached 25 pips shy of your TP at 2:1. If I am to be stopped out at BE, I would like to add at least +1 to feel that it's not a total loss
- lbtrader replied Feb 13, 2023
Hey peachblast, nice scalping you got there, I believe entries here are with the trend (the 7 & 20 EMA) which is the essence of this thread "Trendline Scalping System" (please refer to the first page for more details). Trades are initiated upon ...
- lbtrader replied Nov 10, 2022
Hi Paolo, I am no where close to JPN or Ali, but I can try. The reason is you took the crosses either very high or very low, not the A+ setups that would favor a winning trade (even that is not a guarantee, but still...), another fact is that ...
- lbtrader replied Oct 27, 2022
Thank you jpntrader for your insight, however the price after the first rally candle did not go back to the open price (it retraced to just below the 50 fibo level), sort of catching it's breath and consolidating for 3 candles, accumulating orders ...
- lbtrader replied Oct 26, 2022
This is exactly what happened with EJ, the two giant stop hunts and then trend continued up as before the two candles
- lbtrader replied Oct 26, 2022
Thank you cuchuflito for clarifying your thinking, I am beginning to see the worth of the higher TF, especially the 12H and 2.5 day, hopefully I will post some setups in the near future, as they are not too many as you mentioned. It’s true, however ...
- lbtrader replied Oct 25, 2022
Hi cuchuflito, It seems that you are using the original donchian channel indicator rather than the turtle indicator. I tried to emulate your 12H chart with the MACD and TDI The first trigger was actually against the turtle trend. The second trigger ...
- lbtrader replied Oct 25, 2022
Here's an H4 chart on EU with MACD and TDI. I believe TDI can be useful in keeping you in the trade when the HA candles turn to the opposite color, however as you can see, most of the time the signals are in agreement on both, but still some ...
- lbtrader replied Oct 21, 2022
will do, not to worry mate.
- lbtrader replied Oct 21, 2022
This is a fantastic example of both HOLO and 1-2-3 play whichever method you happened to be in, this paid really well image image
- lbtrader replied Oct 21, 2022
Thanks cuchuflito for sharing. I will be watching/trading the 12H charts too, they look smoother and MT5 has it built in so no need to add another indicator and use offline charts, only problem I cannot find the turtle channel indicator for MT5, ...
- lbtrader replied Oct 21, 2022
it's the most difficult, it's the reason why 95% (maybe more, I don't know ) of traders fail.
- lbtrader replied Oct 21, 2022
The moment that bar opens on the H1 you have your entry price. you do not wait for it to close because you will go for a lower TF to wait for valid candles, that H1 candle is still going (you have 4 M15 candles, 12 M5 candles and 59 M1 candles ...
- lbtrader replied Oct 21, 2022
trust the system and be consistent, do not let fear or greed take over (easier said than done )
- lbtrader replied Oct 21, 2022
your average is getting better and better, keep up!! what happened to the trailing you said you will apply?
- lbtrader replied Oct 21, 2022
den, the lowest H1 open can be bear or bull it doesn't matter, what matters is the open price, is it the lowest of the day or not (same for the highest open). so if your previous lowest H1 is a bear candle, and the next one is bull your H1 line is ...
- lbtrader replied Oct 20, 2022
by editing the smHiLo indicator inputs you can customize everything you see, select the ones you want and put false to the ones you don't want. Play around with different choices until you find the one you like.
- lbtrader replied Oct 20, 2022
Area Of Interest
- lbtrader replied Oct 20, 2022
First you trade at your own risk coz you’ve been warned, then you reduce your lot size, third you be ready to jump as soon as you see signs of the freight train coming your way, do not stand in front of it
- lbtrader replied Oct 20, 2022
Hi den WARNING When price breaks through yesterday's high or low or makes a new high or low today, that is a breakout! Trade the reversal with caution. with a new high your AOI has changed and the SL now is further away from the open H1 line, ...