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Lilmoe's Trading System and Analysis

  • #461
  • Dec 2, 2008 1:34pm Dec 2, 2008 1:34pm
Quoting Cdawg
I was thinking all the same idea, the HD on the 30 min, PA is above the 5SMA, and a bit below the Gann & 50ema, and ofc the daily pivot is a ways off and the CCI is round 0

On the 15 TF, its just crossing the 50EMA. and above Gann & 5sma, CCI is again round 0.

So under these conditions, neither set of conditions for the two sets of rules are met. So would you let it play out and just wait till all the conditions are met?
read my other 2 posts following ur question
  • #462
  • Dec 2, 2008 1:34pm Dec 2, 2008 1:34pm
Quote
Does anyone think long position on gj 5m tf is valid?

I'm not sure, but that looks to me like classic bearish divergence on the 5min TF..
  • #463
  • Dec 2, 2008 1:35pm Dec 2, 2008 1:35pm
Quoting hiswords
Does anyone think long position on gj 5m tf is valid?
If this lilmoes first strategy, then strickly - no. As you are below the DP.
But if you trading a divergence etc then sure. I don't see anything on 5mins right now thou.
  • #464
  • Dec 2, 2008 1:53pm Dec 2, 2008 1:53pm
Quoting hiswords
Does anyone think long position on gj 5m tf is valid?

Ouch!!!!!!
too much breaking and retracing on the 5m tf,it closed above gann and even 50ma and every other conditions tallying,but it went down so soon
Lilmoe,i think i better stick to 15min for entrance and use 5min to get my exit positions.
nope, we're below DP, and close to a very congested area of m30 and below 50ema's (m5/m15/m30 50ema).... i'm starting to think we need to close above all that first before longs are valid.

and to be really safe, wait for an m30 buy signal and buy dips afterwords. otherwise, an m30 sell signal will turn "sell rallies" mode on.

we are at critical levels here. and it's best to wait. this IS 139 after all.
  • #465
  • Dec 2, 2008 6:15pm Dec 2, 2008 6:15pm
My First Trade
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  • #466
  • Dec 2, 2008 11:17pm Dec 2, 2008 11:17pm
ao is everyone doing,guyz i went short on gu,15m giving me the entry signal.
Who's in?
  • #467
  • Dec 2, 2008 11:22pm Dec 2, 2008 11:22pm
Quoting harigp
My First Trade
  • #468
  • Dec 2, 2008 11:38pm Dec 2, 2008 11:38pm
hi bro!
Please can u explain to me ao i got it wrong when i saw the rejection on gann and i went short but it immediately shoot up later,though i took the long position when i saw the divergence playing out on the 5min.
I just want to know if a rejection on gaann after divergence has played out is not a valid signal.
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  • #469
  • Dec 3, 2008 12:33am Dec 3, 2008 12:33am
Quoting hiswords
hi bro!
Please can u explain to me ao i got it wrong when i saw the rejection on gann and i went short but it immediately shoot up later,though i took the long position when i saw the divergence playing out on the 5min.
I just want to know if a rejection on gaann after divergence has played out is not a valid signal.
the bullish div that led price to go up wasn't met by a bearish HD when price hit 50ema... it means that price might not stop there. when u want to go short at 50ema or a higher TF gann, make sure u see a bearish HD bro...
  • #470
  • Dec 3, 2008 12:50am Dec 3, 2008 12:50am
Morning Bro,


Took the valid 5mins signal earlier, which then led to a 15mins and 30mins signal. Rode it down to the low, which is also where I have S1....

110 pips - bagged. Will see what happens here now, but my chart feed is messing up today so having troubles with the charts. Had to move over to GFT charts...
  • #471
  • Dec 3, 2008 1:08am Dec 3, 2008 1:08am
Quoting lilmoe
here's a chart showing the FE setup:
we also have a broken trendline (green), do u see it?

again, we have a bullish HD on m30, we didn't have a 50ema to go long at, nor a higher TF gann.. so it means we need a close below the lower TF gann (m15 in this case), and better a close above 50ema of that lower TF. we also look for a breakout, and in this case we do have a breakout of the green TL. but still it's better to wait for a m15 close above 50ema.
Hey, u lost me here Bro.....

bullish HD on 30mins, so were going up.. But ur saying a close "below" the lower TF Gann.

I understand the close above the lower TF 50ema, that's sweet...but

Surely if we close below a lower TF Gann this will then act a resistance for our bullish HD on the 30mins
  • #472
  • Dec 3, 2008 1:14am Dec 3, 2008 1:14am
Quoting Crispin
Morning Bro,


Took the valid 5mins signal earlier, which then led to a 15mins and 30mins signal. Rode it down to the low, which is also where I have S1....

110 pips - bagged. Will see what happens here now, but my chart feed is messing up today so having troubles with the charts. Had to move over to GFT charts...
good morning big guy.

i made the same entry on the m30 chart and yes, it is valid!

we should see some small new lows today, but be careful of a reversal... i'm targeting 136 for now.
  • #473
  • Dec 3, 2008 2:52am Dec 3, 2008 2:52am
Quoting lilmoe
good morning big guy.

i made the same entry on the m30 chart and yes, it is valid!

we should see some small new lows today, but be careful of a reversal... i'm targeting 136 for now.
Took a small short off the bearish HD on 5mins. Entry was at the upper TF Gann around 137.12. Also ties in with a 15min bounce off CCI - 100
  • #474
  • Dec 3, 2008 3:11am Dec 3, 2008 3:11am
Quoting Crispin
Took a small short off the bearish HD on 5mins. Entry was at the upper TF Gann around 137.12. Also ties in with a 15min bounce off CCI - 100
great bro. i took half off for 33 pips and set the rest to a 50 pip SL (a bit over m5 50ema )

nice scalps on that 1m 50ema bounce
  • #475
  • Edited 4:20am Dec 3, 2008 4:09am | Edited 4:20am
I saw a 5m HD on gu,hope it runs well.
Price trying to get below 5m gann

Lilmoe what can u say about this?
May i also ask if u use this sytenm to trade gbp/usd as well?
  • #476
  • Dec 3, 2008 4:33am Dec 3, 2008 4:33am
momentum and PA.

FIBO 382, and I am expecting some movement to DOWN side. let's play

http://www.doske.com/fx/snapshot-304.png
  • #477
  • Dec 3, 2008 4:37am Dec 3, 2008 4:37am
these bullish HDs on 1m need to go away!! looool
  • #478
  • Dec 3, 2008 4:42am Dec 3, 2008 4:42am
Quoting lilmoe
these bullish HDs on 1m need to go away!! looool
yeah, I am waiting for the 15mins bearish HD to play, we already bounced from 30mins Gann, but I'll wait for a close below 5mins Gann and LTL to be sure.

What dya think bro ?

also notice how the previous CCI trendline is acting as resistance
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  • #479
  • Dec 3, 2008 4:44am Dec 3, 2008 4:44am
Quoting Crispin
yeah, I am waiting for the 15mins bearish HD to play, we already bounced from 30mins Gann, but I'll wait for a close below 5mins Gann and LTL to be sure.

What dya think bro ?
watch that TL and DS1 on 5min.. close bellow.. and there we go. From the other side, NY open is in 15 min, so some impulse buying or selling can we expect..

(imo)
  • #480
  • Dec 3, 2008 4:47am Dec 3, 2008 4:47am
Quoting hiswords
I saw a 5m HD on gu,hope it runs well.
Price trying to get below 5m gann

Lilmoe what can u say about this?
May i also ask if u use this sytenm to trade gbp/usd as well?
my system works on pretty much everything

and yes i also took a short at m5 50ema

also added another short at m30 gann
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