Lilmoe's Trading System and Analysis | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

HYBRID: trading system within a trading system 31 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

Day Trading system - Simple system to make money 51 replies

Trapping System: Way to Fully-Automated Trading System 47 replies

Attachments: Lilmoe's Trading System and Analysis
Exit Attachments

Lilmoe's Trading System and Analysis

  • #221
  • Nov 25, 2008 7:32pm Nov 25, 2008 7:32pm
Your trading style is admirable mate.

Always wondered how you could pick those tops and bottoms so consistently. Well... now I know

I have put your systems into 2 pdf files so it's easy to print.

Hope it's ok with you.

Cheers for sharing your secrets bud
Attached File(s)
File Type: pdf lilmoe_intraday_swing.pdf   15 KB | 696 downloads
File Type: pdf lilmoe_top_bottom_picking.pdf   15 KB | 703 downloads
  • #222
  • Nov 25, 2008 7:58pm Nov 25, 2008 7:58pm
Quoting NuckingFuts
Your trading style is admirable mate.

Always wondered how you could pick those tops and bottoms so consistently. Well... now I know

I have put your systems into 2 pdf files so it's easy to print.

Hope it's ok with you.

Cheers for sharing your secrets bud

well, if it's on the web for free, i don't see why it's not ok for it to be on pdf, lol

thanks for that bro
  • #223
  • Nov 25, 2008 8:04pm Nov 25, 2008 8:04pm
Quoting Fiesta_id
at that time, was like this chart..
rule#5 on my swing trading system says to make sure there's no visible bearish HD if u're trying to go long, OR a bullish HD when u're trying to go short.

take a look at that m15 chart, there was a strong bullish HD, which was still valid even though price was below 50ema. so that automatically marks that trade as bad (no entry).

check out the fourth post on the first page of this thread, u'll see other examples of bad trades.
  • #224
  • Nov 25, 2008 8:18pm Nov 25, 2008 8:18pm
Quoting lilmoe
well, if it's on the web for free, i don't see why it's not ok for it to be on pdf, lol

thanks for that bro
Yea, I sorta figured that.

But ya know what can happen when you ass/u/me something
  • #225
  • Nov 25, 2008 8:48pm Nov 25, 2008 8:48pm
Quoting lilmoe
rule#5 on my swing trading system says to make sure there's no visible bearish HD if u're trying to go long, OR a bullish HD when u're trying to go short.

take a look at that m15 chart, there was a strong bullish HD, which was still valid even though price was below 50ema. so that automatically marks that trade as bad (no entry).

check out the fourth post on the first page of this thread, u'll see other examples of bad trades.

Sorry for the silly question...but, can you post the chart showing the "strong bullish HD"... I dont see it.

Also, check out this daily chart ... looks like a potential buy signal to me on the daily... what do you think? Does this retrace to the daily 50ema?

Also trying to break the daily gann.

Attached Image (click to enlarge)
Click to Enlarge Name: 112508gpy.gif Size: 26 KB
  • #226
  • Nov 26, 2008 1:04am Nov 26, 2008 1:04am
Hello Lilmoe

Thank you for the previous responce.

I'm still trying to get the hang of this system.

In the chart attached, if the CCI breaks the -100 and price retraces back to the 5sma will that be a valid short entry?

For exit do we wait till price breaks through the Gann on this time frame (M30) or on a lower one?

I'm really sorry if you've answered these questions before, I have read through your thread but I'm not sure if Im understanding it correct.

Thank you for all your help,
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 15 KB
  • #227
  • Nov 26, 2008 1:41am Nov 26, 2008 1:41am
Quoting gadawg
Sorry for the silly question...but, can you post the chart showing the "strong bullish HD"... I dont see it.

Also, check out this daily chart ... looks like a potential buy signal to me on the daily... what do you think? Does this retrace to the daily 50ema?

Also trying to break the daily gann.

Attachment

yes it should ultimately seek 50ema give or take a couple hundred pips. check out page 2 or 3 of this thread, i talked about that daily setup over the weekend.

here's the bullish HD i was telling him about..... i suggest reading more about hidden divergence.

Attached Image (click to enlarge)
Click to Enlarge Name: gj_m15_hd.gif Size: 17 KB
  • #228
  • Nov 26, 2008 1:48am Nov 26, 2008 1:48am
Quoting Pirabuji
Hello Lilmoe

Thank you for the previous responce.

I'm still trying to get the hang of this system.

In the chart attached, if the CCI breaks the -100 and price retraces back to the 5sma will that be a valid short entry?

For exit do we wait till price breaks through the Gann on this time frame (M30) or on a lower one?

I'm really sorry if you've answered these questions before, I have read through your thread but I'm not sure if Im understanding it correct.

Thank you for all your help,
hi,

that wasn't a correct way to draw a TL on CCI. you should connect peaks/bottoms together. as i did on the daily chart (marking the divergence), but it doesn't necessarily have to be a divergence for a TL to be there...

when you get an M30 signal, the signal is always confirmed as long as price is above m30 gann. however, when you first enter, you can get an early exit when the lower TF m15 closes below gann (notice that this doesn't mean it would close below m30 gann). if the m30 signal is not valid, you can reenter when m15 GIVES YOU A SIGNAL. meaning that all the rules should apply on m15 for a reentry IF m30 was still above gann.

hope that makes sense.


edit: by the way, we STILL don't have an m30 signal as of now, the -100 line keeps getting rejected.
  • #229
  • Nov 26, 2008 2:41am Nov 26, 2008 2:41am
Good Morning lilmoe
  • #230
  • Nov 26, 2008 2:48am Nov 26, 2008 2:48am
Quoting PipChick
Good Morning lilmoe
morning pipchick
  • #231
  • Nov 26, 2008 3:07am Nov 26, 2008 3:07am
GM Lilmoe,

Is the signal on 15mins a valid long - I see no HD. Also price closed above Gann on 30mins, 1hr etc. Also poss reg bullish div on 15min chart

Poss retrace to 5sma due
  • #232
  • Nov 26, 2008 3:08am Nov 26, 2008 3:08am
was thinking the same here.
Enter Signature
  • #233
  • Nov 26, 2008 3:34am Nov 26, 2008 3:34am
I took that trade Crispin, how about you?

Hope we didn'f forget anything
Enter Signature
  • #234
  • Nov 26, 2008 3:37am Nov 26, 2008 3:37am
Quoting Crispin
GM Lilmoe,

Is the signal on 15mins a valid long - I see no HD. Also price closed above Gann on 30mins, 1hr etc. Also poss reg bullish div on 15min chart

Poss retrace to 5sma due

morning crispin,

my DP is at 146.74 which is acting as resistance at the moment, i'd wait for a good close above that and 5sma to cross that level

and u're correct, it would be a valid signal afterwords.
  • #235
  • Nov 26, 2008 3:39am Nov 26, 2008 3:39am
Quoting lilmoe
morning crispin,

my DP is at 146.74 which is acting as resistance at the moment, i'd wait for a good close above that and 5sma to cross that level

and u're correct, it would be a valid signal afterwords.
on ibfx, we are already above dp (now i see that)... wait for 5sma to cross that level before going long, i'll do the same with a stop below m30 50ema
  • #236
  • Nov 26, 2008 3:40am Nov 26, 2008 3:40am
Quoting johninthai
I took that trade Crispin, how about you?

Hope we didn'f forget anything
keep ur stop below m30 50ema. it acted as good resistance all asia, it should be good support now...
  • #237
  • Nov 26, 2008 3:42am Nov 26, 2008 3:42am
guys, on m15 and lower TFs, it's always better to wait for the real price (5sma) to cross an s/r level or a trendline. this way u'll know that the breakout is not false. it's more like price crossing that level on the line chart.

this condition is listed below the set of rules i have for my swing trade system.
  • #238
  • Nov 26, 2008 3:46am Nov 26, 2008 3:46am
Quoting lilmoe
on ibfx, we are already above dp (now i see that)... wait for 5sma to cross that level before going long, i'll do the same with a stop below m30 50ema
Yep, my DP is at 146.52 and I was waiting for 5sma to catch up. All seems ok now.
  • #239
  • Nov 26, 2008 3:50am Nov 26, 2008 3:50am
Quoting lilmoe
on ibfx, we are already above dp (now i see that)... wait for 5sma to cross that level before going long, i'll do the same with a stop below m30 50ema
ok, long at 146.62 (u guys probably got a better entry), 65 pip stop

m15 5sma just crossed dp on the ibfx platform.

first TP at 147.50 and second at 148.20
  • #240
  • Nov 26, 2008 3:51am Nov 26, 2008 3:51am
here's a link for some good material on divergence for anyone interested.


http://www.forexfactory.com/attachme...9&d=1227692220


thanks sogt725
0 traders viewing now