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LAST (Long term Analysis - Short term Trading)

  • #101
  • Jun 30, 2017 10:48am Jun 30, 2017 10:48am
It's end of week, end of month and end of quarter.
And its the LAST system.

Wishing you a profitable 2nd half of the year.

Who ever followed the LAST system rules this week should've made good profits. I didn't , so I lost most of the account profits.
Better make me a robot that doesn't have a "sixth sense".
No guts, no glory
  • #102
  • Jun 30, 2017 10:50am Jun 30, 2017 10:50am
I don't know why things go crazy whenever I share a public TE .
No guts, no glory
  • #103
  • Jun 30, 2017 10:52am Jun 30, 2017 10:52am
I will top-up the account for next month trading, and I will follow the rules this time, I swear .
No guts, no glory
  • #104
  • Jun 30, 2017 10:55am Jun 30, 2017 10:55am
As a first step into the automation of this system I will create an indicator alerting for possible signals on different pairs/timeframes.
No guts, no glory
  • #105
  • Jun 30, 2017 11:02am Jun 30, 2017 11:02am
All my soldiers died fighting fighting the rules of this thread on the E/U up trend, except for one little trooper who followed the orders and still fighting till his last breath.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15_LAST_Soldier.png Size: 30 KB
No guts, no glory
  • #106
  • Jun 30, 2017 11:10am Jun 30, 2017 11:10am
Same thing happens to me. Whenever I post a system or TE publicly I tank it hard. Might be one reason many traders don't post their results?
  • #107
  • Jun 30, 2017 5:37pm Jun 30, 2017 5:37pm
Yeah people this is more than the normal probably spiritual.

Anyways K.A. i had fooled around making it automated, it sure can take some more work but it takes the right direction from Asia open and creates a setup. I think so far i have a good idea how to make it more aggressive but safe. All the trades i posted were done by robot.
R:R "Percentage Focus"
  • #108
  • Jun 30, 2017 5:40pm Jun 30, 2017 5:40pm
Quoting abokwaik
It's end of week, end of month and end of quarter. And its the LAST system. Wishing you a profitable 2nd half of the year. Who ever followed the LAST system rules this week should've made good profits. I didn't , so I lost most of the account profits. Better make me a robot that doesn't have a "sixth sense".
I think your method works better during regular time, To avoid big loss, I loyally put fixed stop loss on all my trades, even I trade with very low leverage, since those losses can add up when things happened like this week, extreme moves due to month end and quarter end balancing
  • #109
  • Jul 1, 2017 5:42am Jul 1, 2017 5:42am
Quoting clemmo17
Same thing happens to me. Whenever I post a system or TE publicly I tank it hard. Might be one reason many traders don't post their results?
I think mentally problem. When we publish TE, cut loss is getting harder.
  • #110
  • Jul 1, 2017 8:51am Jul 1, 2017 8:51am
Quoting abokwaik
Long term Analysis - Short term Trading L A S T Trading System Unlike my other auto trading threads, this one is going to be manual. Our trading day will start 1 hour before London open, where we scan selected pairs/instruments and set our initial bias for the day. Long Bias: Most of previous PA is above DO (Daily Open), and Current PA is above DO. Short Bias: Most of previous PA is below DO (Daily Open), and Current PA is below DO. ... PS: We'll take this step by step due to time limitations.

Hi Abokwaik,

Have you looked at setting a Shorter Term Bias instead of the Daily Open?

For example, a Breakout on the H1 TF to set Trade Bias and then wait for the PullBack and Test of the Break on the M1 TF.

This is how I Trade let me know what you think.

If you are not happy with me posting this I will remove it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1st July 17 GBP:JPY H1 Observations.png Size: 131 KB
Click to Enlarge Name: 1st July 17 GBP:JPY m1 Observations.png Size: 172 KB
  • #111
  • Jul 1, 2017 9:29am Jul 1, 2017 9:29am
Quoting stevepatt
{quote} Hi Abokwaik, Have you looked at setting a Shorter Term Bias instead of the Daily Open? For example, a Breakout on the H1 TF to set Trade Bias and then wait for the PullBack and Test of the Break on the M1 TF. This is how I Trade let me know what you think. If you are not happy with me posting this I will remove it. {image} {image}
Hi Steve,

You're always welcome.

The same concept can be applied to H1/M1 in direction of D1, or H4/M15 in direction of W1.

I am currently working on identifying when retrace is over and PB starts, using different methods (fibs, divergence, stoch os/ob, HA ...).
No guts, no glory
  • #112
  • Jul 2, 2017 4:29am Jul 2, 2017 4:29am
Quoting abokwaik
{quote} Hi Steve, You're always welcome. The same concept can be applied to H1/M1 in direction of D1, or H4/M15 in direction of W1. I am currently working on identifying when retrace is over and PB starts, using different methods (fibs, divergence, stoch os/ob, HA ...).
Hi Abokwaik,

I tend to use Market Structure HH HL ect and PRICE its self to put the Probabilities in my favour.

Price is the Best Indicator we have for determining Market Behaviour.

The Lower the TF we use to watch Price the more detail it contains, not noise as some maintain.

As long as we have a way to reference the HTF we use to obtain a Trade Bias.

I'm sure you don't need me to tell you this I'm just putting more detail into the method I use.

Unfortunately it's not something that can be programmed into an EA there are too many moving parts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2nd July 17 GBP:JPY M1 Observations.png Size: 182 KB
Click to Enlarge Name: 2nd July 17 GBP:JPY M1 Observations 2.png Size: 170 KB
Click to Enlarge Name: 2nd July 17 GBP:JPY M1 Observations 3.png Size: 177 KB
  • #113
  • Jul 3, 2017 7:58am Jul 3, 2017 7:58am
Quoting stevepatt
{quote} Hi Abokwaik, I tend to use Market Structure HH HL ect and PRICE its self to put the Probabilities in my favour. Price is the Best Indicator we have for determining Market Behaviour. The Lower the TF we use to watch Price the more detail it contains, not noise as some maintain. As long as we have a way to reference the HTF we use to obtain a Trade Bias. I'm sure you don't need me to tell you this I'm just putting more detail into the method I use. Unfortunately it's not something that can be programmed into an EA there are too many moving...
Beautiful
No guts, no glory
  • #114
  • Jul 3, 2017 12:06pm Jul 3, 2017 12:06pm
That's it for today. 5% daily target achieved.

Attached Image
No guts, no glory
  • #115
  • Jul 5, 2017 9:27am Jul 5, 2017 9:27am
Hi Abokwaik i could not able to understand clearly ...still in confusion can you able to explain with clear screen shot ..
whats previous PA define ? how to make analysis with that
  • #116
  • Jul 5, 2017 10:01am Jul 5, 2017 10:01am
Today PA Is above DO and Current PA is above DO....

we have to buy as per analysis but market going down and trend is also bearish
Attached Image (click to enlarge)
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  • #117
  • Jul 5, 2017 12:25pm Jul 5, 2017 12:25pm
Quoting arivu
Today PA Is above DO and Current PA is above DO.... we have to buy as per analysis but market going down and trend is also bearish {image}
We buy when we see the retrace is over and intra-day trend is continuing.
Once market is trading below DO we start looking for sell opportunities.

I will try to post my today trades on E/U.

Regards,
Khalil
No guts, no glory
  • #118
  • Jul 5, 2017 12:37pm Jul 5, 2017 12:37pm
These are my scalps on E/U in the afternoon session using this system.
Small tasty bites .

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 52 KB
No guts, no glory
  • #119
  • Jul 5, 2017 12:42pm Jul 5, 2017 12:42pm
This is how this system preformed so far this week, still below target, I will see If I can fill the gap during FOMC .

Attached Image (click to enlarge)
Click to Enlarge Name: TE2.png Size: 64 KB
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  • #120
  • Jul 5, 2017 1:45pm Jul 5, 2017 1:45pm
TE updated after FOMC (another 1%)

Attached Image (click to enlarge)
Click to Enlarge Name: TE2_upd_fomc.png Size: 75 KB
No guts, no glory
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