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trend catching with NonLagDot indicator

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  • Post #2,761
  • Quote
  • Feb 22, 2016 6:11am Feb 22, 2016 6:11am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
trades in progres today( real)
gbpusd tp hit
use h4 last close dot color, then move to m30, take positions in the same way of H4.
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  • Post #2,762
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  • Feb 22, 2016 6:19am Feb 22, 2016 6:19am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
forgot about eurusd, take profit 25 hit
 
 
  • Post #2,763
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  • Feb 22, 2016 6:27am Feb 22, 2016 6:27am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
60 pips take on eurnzd too, but here wasnt any signal on m30..i was entered with momentum, and trend.
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  • Post #2,764
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  • Feb 22, 2016 6:36am Feb 22, 2016 6:36am
  •  friska
  • | Joined Nov 2014 | Status: Member | 1,189 Posts
Quoting shum
Disliked
60 pips take on eurnzd too, but here wasnt any signal on m30..i was entered with momentum, and trend. {image}
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nescentia necat
 
 
  • Post #2,765
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  • Feb 22, 2016 6:45am Feb 22, 2016 6:45am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
thx friska, you got the point
also i had seen good signal on audjpy, but didnt enter, forgot about it..my folt.
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  • Post #2,766
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  • Feb 22, 2016 6:54am Feb 22, 2016 6:54am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
to trade single pairs, and not like a basket, you need to go with h4 trend dot, with sl on last swing, and for some tp, who are different on every pair.
trading time open-close london europ market.
 
 
  • Post #2,767
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  • Feb 22, 2016 6:59am Feb 22, 2016 6:59am
  •  69Ahmed690
  • | Joined Nov 2010 | Status: Member | 25 Posts
Quoting shum
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to trade single pairs, and not like a basket, you need to go with h4 trend dot, with sl on last swing, and for some tp, who are different on every pair. trading time open-close london europ market.
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Can You show Your h4 chart?
 
 
  • Post #2,768
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  • Feb 22, 2016 7:00am Feb 22, 2016 7:00am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
150 pips are close in my poket
steel in progres two trades
like you see, spread on this broker is till then 1 pip
specialy for this strategy i open new acount, with low leverege, low spread and big amount.
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  • Post #2,769
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  • Feb 22, 2016 7:06am Feb 22, 2016 7:06am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
Quoting 69Ahmed690
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{quote} Can You show Your h4 chart?
Ignored
is like yours
but this is what i mean

the last close dot on h4( so the last 4 gours are in long trend) its show as the direction of what trades to take on m30, go just in long trades.
if it was red, i will not buy it on m30
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  • Post #2,770
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  • Feb 22, 2016 7:12am Feb 22, 2016 7:12am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
now the price is make a retracement, so there it could be a new buy signal, but nor in m30, meabye in m15-m5..
on m30, this retracement just confirm the cross of two sma, so whent this hapen, you have reentry points on higher tf.
and if price go back up, i am convince that my tp will be hit.
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  • Post #2,771
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  • Feb 22, 2016 7:16am Feb 22, 2016 7:16am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
this is the same broker, but standard account, spread its biger, leverage higher, and amount at 500$.
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  • Post #2,772
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  • Feb 22, 2016 7:59am Feb 22, 2016 7:59am
  •  Aromos
  • | Joined Jun 2012 | Status: Member | 364 Posts
Quoting StepDV
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2 Aromos I use EA only for setup SL, TP and Traling Stop. {file} {file}
Ignored

Thank You StepDV!
 
 
  • Post #2,773
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  • Feb 22, 2016 8:03am Feb 22, 2016 8:03am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
this is what i am talking about
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  • Post #2,774
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  • Feb 22, 2016 8:13am Feb 22, 2016 8:13am
  •  69Ahmed690
  • | Joined Nov 2010 | Status: Member | 25 Posts
Quoting shum
Disliked
{quote} is like yours but this is what i mean the last close dot on h4( so the last 4 gours are in long trend) its show as the direction of what trades to take on m30, go just in long trades. if it was red, i will not buy it on m30 {image}
Ignored
So H4 gives You direction and You open position on m30 in that same direction, am I right?
 
 
  • Post #2,775
  • Quote
  • Feb 22, 2016 8:17am Feb 22, 2016 8:17am
  •  Lebaneese
  • Joined Jun 2010 | Status: Full time trader | 1,321 Posts
Quoting shum
Disliked
this is what i am talking about {image} {image}
Ignored
​thank you Shum for sharing your experience and trading style to help other traders , keep on doing the right thing.
 
 
  • Post #2,776
  • Quote
  • Feb 22, 2016 8:20am Feb 22, 2016 8:20am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
Quoting 69Ahmed690
Disliked
{quote} So H4 gives You direction and You open position on m30 in that same direction, am I right?
Ignored
yes mate

Quoting Lebaneese
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{quote} ​thank you Shum for sharing your experience and trading style to help other traders , keep on doing the right thing.
Ignored
thx Lebanees, i give my knology, to take more from my karma-))
 
 
  • Post #2,777
  • Quote
  • Feb 22, 2016 8:21am Feb 22, 2016 8:21am
  •  shum
  • Joined Dec 2011 | Status: Member | 860 Posts
this is not a symple tp, its calculate on ower analyses..
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  • Post #2,778
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  • Feb 22, 2016 9:41am Feb 22, 2016 9:41am
  •  jan8
  • | Joined May 2011 | Status: Member | 46 Posts
Quoting Lebaneese
Disliked
{quote} ​thank you Shum for sharing your experience and trading style to help other traders , keep on doing the right thing.
Ignored
Hi Lebanese , thanks for creating such a great system. I appreciate ur spirit of helping others. I read the whole thread yesterday . Do u still have the skype group? I would love to join.

Thanks
 
 
  • Post #2,779
  • Quote
  • Feb 22, 2016 11:29am Feb 22, 2016 11:29am
  •  kleybenny
  • Joined Apr 2014 | Status: I'm listening... | 478 Posts
Quoting shum
Disliked
this is not a symple tp, its calculate on ower analyses.. {image}
Ignored
shum,

which moving averaes do you use? Do you use pivot, support and resistance too? Or do you only trade what you see without looking back where are the support and resistances?

Thanks mate

Ben
the only place success comes before work is in the dictionary
Ben1 Return This Week: 0.3%
 
 
  • Post #2,780
  • Quote
  • Feb 22, 2016 11:45am Feb 22, 2016 11:45am
  •  wrapocs
  • | Joined Apr 2011 | Status: Member | 118 Posts
Quoting shum
Disliked
this is what i am talking about {image} {image}
Ignored
Nice trades shum great job
Happy trading and green pips 4u!
 
 
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