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Lilmoe's Trading System and Analysis

  • #21
  • Nov 22, 2008 4:39am Nov 22, 2008 4:39am
very complete explanation of your system. I hope to test soon. Thanks.
  • #22
  • Nov 22, 2008 4:51am Nov 22, 2008 4:51am
Hi Lil

I spotted the divergence in GU 30 minute chart see whether it is correct
based on your additonal rules
  • #23
  • Nov 22, 2008 4:52am Nov 22, 2008 4:52am
Chart now attached
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf.gif Size: 29 KB
  • #24
  • Nov 22, 2008 5:02am Nov 22, 2008 5:02am
Quoting harigp
Chart now attached
there was no divergence where you have your vertical TL

that was a Valid long entry when price closed above DP and 50ema, and when CCI30 closed above the 100 line.

and to get more specific, that retest of DP afterwords was held by a strong bullish hidden divergence on the m5 chart where m5's 50ema held strong and forced price back up.

HOWEVER, if you notice on 1h TF of the same time on GU, u'll see that a bearish HD has formed when price was already OVER 50ema, signaling 50ema of the higher TF. check out your 4h chart, and look where price stopped

great long entry, hope u guys get loads of it in the future
  • #25
  • Nov 22, 2008 5:03am Nov 22, 2008 5:03am
Word up Lil Moe! Best of luck in keeping your cave (thread) alive. Im decided to trade mostly GBP/JPY so ill pop in from time to time and will post my analysis. Cheers!
  • #26
  • Nov 22, 2008 5:10am Nov 22, 2008 5:10am
DONE Deal!! I just add it. Super!! Studying!!!
marcel
Quoting lilmoe
Here are the indicators you need along with my template.

Please unzip the files, and copy them to your "program files"/"-your-platform-name-here"/experts/indicators folder. Copy the .tpl file to your "program files"/"-your-platform-name-here"/templates folder..
restart your application, and you're done.

Feel free to change any color you don't like on that template.
  • #27
  • Nov 22, 2008 5:24am Nov 22, 2008 5:24am
Quoting belekas
Word up Lil Moe! Best of luck in keeping your cave (thread) alive. Im decided to trade mostly GBP/JPY so ill pop in from time to time and will post my analysis. Cheers!
you are welcome anytime bro
  • #28
  • Nov 22, 2008 5:40am Nov 22, 2008 5:40am
congrat, and ALL THE BEST
  • #29
  • Nov 22, 2008 5:43am Nov 22, 2008 5:43am
Lilmoe,

Wonderful, just a wonderful thing you have done by sharing this/your system with us. Thank you, you rock!

Just a quick question about the MACD. I have noticed that your charts have 2 settings, 5,34,9 & 12,26,9... Why?

Thanks again & keep up the good work.
I trade what I see on my charts. Do Not listen to the Muppets.
  • #30
  • Nov 22, 2008 5:56am Nov 22, 2008 5:56am
Hi Lil

Very good analysis and I cross checked all the time frames. In fact I was trying to ask before the post why in 1 Hour time frame eventhoguh the price is above 50 EMA it has stopped out and now the answer.

Good technical analysis
  • #31
  • Nov 22, 2008 6:06am Nov 22, 2008 6:06am
thanks for sharing ur system
i'll try it
  • #32
  • Nov 22, 2008 6:10am Nov 22, 2008 6:10am
Quoting Vanhook2
Lilmoe,

Wonderful, just a wonderful thing you have done by sharing this/your system with us. Thank you, you rock!

Just a quick question about the MACD. I have noticed that your charts have 2 settings, 5,34,9 & 12,26,9... Why?

Thanks again & keep up the good work.

i got this version of MACD from scrat. he uses weird inputs, but they actually work!

i switch to 12,26,9 when the market gets really choppy. and to tell ya the truth, i might stick to 12,26,9 in the near future. i'm trying to see if it get better and safer signals than 5,34,9. that chart you saw was probably one of my test templates, sorry i didn't replace it. the standard as of now is still 5,34,9.

this version of MACD gives different readings than regular MACD, even if the the input is the same, and have proven to be MUCH better
  • #33
  • Nov 22, 2008 6:12am Nov 22, 2008 6:12am
Quoting Piters
congrat, and ALL THE BEST
thanks bro. this should answer dozens of request i have on my PM and email.

guys, this man has lots to do with my success, he's one of the best traders i've known
  • #34
  • Nov 22, 2008 6:29am Nov 22, 2008 6:29am
i've updated some of the rules on top/bottom picking.... plz read them again carefully.

i will keep on adding when an important rule pops up. i never had them written down on a piece of paper, probably should have... the ones listed are the essential parts though, and anything left out should be minor.

this system is based on my personal experience, any experienced comments are very welcome.
  • #35
  • Edited 10:21am Nov 22, 2008 8:05am | Edited 10:21am
Thanks Lilmo for this great job.

I know you are busy with your guests and trading but you did a great job.

Thank you so much again

Mike

EDit:
If anybody doesn't know what divergences are these 2 links help:

http://www.forexfactory.com/showpost...2&postcount=39
http://www.forexfactory.com/showpost...&postcount=138
Failure, is a wonderful teacher!
  • #36
  • Nov 22, 2008 9:13am Nov 22, 2008 9:13am
Thanks so much Moe, you have done an excellent job ..
I will incorporate some of your ideas into my trading arsernal ..
Very good stuff ..
  • #37
  • Nov 22, 2008 10:07am Nov 22, 2008 10:07am
Thanks so much Moe, you have done an excellent job ..
I will check some of your ideas to use with my trading arsernal ..
Realy very good stuff ..
It’s just emotions & money
  • #38
  • Nov 22, 2008 11:04am Nov 22, 2008 11:04am
Moe, in your pivot points indicator,currently, the DayStartHour = 9.

To achieve the same pivot as your chart, we need to know which metatrader platform u're using, so we can adjust the # appropriately.
CCI decipherer
  • #39
  • Nov 22, 2008 11:25am Nov 22, 2008 11:25am
hi lilmoe
dear Bro
only i can say to all traders that direction this thread is Hawaii
lilmoe have God good health for you and your family
best regards
hussin
Attached Image
  • #40
  • Nov 22, 2008 12:05pm Nov 22, 2008 12:05pm
Hey Moe,

Good work putting up the thread. I look forward to learning how you look at things. I am seeing some promising compliments to what my fibs are saying with what you are teaching. It's like a whole other piece of the puzzle. Keep up the good work my friend.

Scotty B
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