Lilmoe's Trading System and Analysis | Page 31 | 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

  • #601
  • Dec 14, 2008 1:49pm Dec 14, 2008 1:49pm
Quoting hwsv07
hi pipchick and lilmoe,

i do get the idea of classical and hidden divergence already. perhaps i'm still not used to them. thanks for pointing out to me,and would appreciate your guidance should i make a wrong call again.
Happy to help hwsv
  • #602
  • Dec 14, 2008 3:33pm Dec 14, 2008 3:33pm
I understand how to spot divergences but am still confused if we only use MACD for hidden and CCI for classic,, or if we can use both/ either or of MACD and CCI to spot divergences. Thx!
  • #603
  • Dec 14, 2008 4:47pm Dec 14, 2008 4:47pm
Quoting Skyhawks
I understand how to spot divergences but am still confused if we only use MACD for hidden and CCI for classic,, or if we can use both/ either or of MACD and CCI to spot divergences. Thx!
both... or any other indicator u feel more comfortable around... that's only my personal preference...

i use MACD for both classic and hidden, and i use CCI for classic and SOMETIMES for hidden. other people use stochastics for divergence, and some use RSI...
  • #604
  • Dec 14, 2008 5:52pm Dec 14, 2008 5:52pm
Quoting lilmoe
thanks pipchick, not only are u right, but u've been a lot of help and inspiration for me
My pleasure moe and same goes for you! YOu have helped tremendously.
  • #605
  • Dec 14, 2008 7:07pm Dec 14, 2008 7:07pm
Does anyone else see a lilmoe 30 minute intraday trade in effect? Price is above the daily pivot and the M30 50ema; CCI is above 100; no hidden divergence that I can detect. Looks like we even had a 30 minute 5sma retrace . . .

  • #606
  • Dec 14, 2008 7:27pm Dec 14, 2008 7:27pm
Quoting Pips_Cruiser
Does anyone else see a lilmoe 30 minute intraday trade in effect? Price is above the daily pivot and the M30 50ema; CCI is above 100; no hidden divergence that I can detect. Looks like we even had a 30 minute 5sma retrace . . .

1 hr bearish HD on gj
  • #607
  • Dec 14, 2008 8:30pm Dec 14, 2008 8:30pm
Quoting PipChick
1 hr bearish HD on gj
do you think the bearish HD would play out on the H1?
Attached Image (click to enlarge)
Click to Enlarge Name: h1 gj.gif Size: 41 KB
  • #608
  • Dec 15, 2008 5:44am Dec 15, 2008 5:44am
5m bearish HD was visable so i took a short from the nearest resistance - 1hr 50 ema. Entered @ 136.31. Closed too early with 5 pips profit. Should have kept my SL @ 136.50 and i would have caught more pips. Lilmoe tell me if i entered my first ever scalp from divergence your style the right way?

Posting a chart.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_yen_5m.jpg Size: 150 KB
  • #609
  • Edited 6:36am Dec 15, 2008 6:26am | Edited 6:36am
Another great sell of the 5m 50ema with Bearish HD present on the gbp/chf...though i wasnt watching this pair and missed this sweet cherry... Also GBP/USD had same bearish HD and a short of 5m 50ema...Sweet trades they were
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_chf_5m.jpg Size: 162 KB
  • #610
  • Edited 8:57am Dec 15, 2008 8:36am | Edited 8:57am
is this a short according to the rules, lilmoe?
below -100 CCI.
below gann, 50ema, DP.
Attached Image (click to enlarge)
Click to Enlarge Name: short uj.gif Size: 40 KB
  • #611
  • Dec 15, 2008 9:41am Dec 15, 2008 9:41am
Hey Bro,

How you doing ? Work has been tough for me so not much trading these days, but thought I'd post a chart for comments
Attached Image (click to enlarge)
Click to Enlarge Name: GJ Daily view - Rogan.png Size: 38 KB
  • #612
  • Dec 15, 2008 10:59am Dec 15, 2008 10:59am
this is according to the rules.
but from chart, there's actually a classical bearish. so would this have been a good entry?
Attached Image (click to enlarge)
Click to Enlarge Name: long ej.gif Size: 39 KB
  • #613
  • Dec 15, 2008 12:10pm Dec 15, 2008 12:10pm
Quoting hwsv07
is this a short according to the rules, lilmoe?
below -100 CCI.
below gann, 50ema, DP.
since there's a lower TL of a daily falling wedge, the rules also say we need to close below that before u can short....

but your other example on that GJ long was correct...
  • #614
  • Dec 15, 2008 12:33pm Dec 15, 2008 12:33pm
Quoting Crispin
Hey Bro,

How you doing ? Work has been tough for me so not much trading these days, but thought I'd post a chart for comments
perfect setup
  • #615
  • Dec 15, 2008 8:21pm Dec 15, 2008 8:21pm
Quoting lilmoe
since there's a lower TL of a daily falling wedge, the rules also say we need to close below that before u can short....

but your other example on that GJ long was correct...
sorry limoe, i did not really see the lower TL of the UJ. could you show on a chart?
yup and i agree since the price has to be at least 100 pips below a major or strong s/r - fibo level, before short.

it was a bad call anyway, as the PA went up.
  • #616
  • Dec 15, 2008 8:54pm Dec 15, 2008 8:54pm
Quoting belekas
5m bearish HD was visable so i took a short from the nearest resistance - 1hr 50 ema. Entered @ 136.31. Closed too early with 5 pips profit. Should have kept my SL @ 136.50 and i would have caught more pips. Lilmoe tell me if i entered my first ever scalp from divergence your style the right way?

Posting a chart.

Cheers
hi i was thinking. there was no close below CCI -100. Bearish HD would be even better since it would be an enhanced short entry.

I'm just sometimes confused about the SL management. how much TP should i be looking for?
  • #617
  • Dec 15, 2008 9:03pm Dec 15, 2008 9:03pm
Daily UTL broken.
Classical Bullish detected.
CCI cross from -100 to above 100.
=> trend reversal and seek daily 50ema.

question is: but rule 1 is not satisfied? so weekly trend is not bullish.
Attached Image (click to enlarge)
Click to Enlarge Name: long daily gj.gif Size: 38 KB
  • #618
  • Dec 16, 2008 1:18am Dec 16, 2008 1:18am
Quoting hwsv07
hi i was thinking. there was no close below CCI -100. Bearish HD would be even better since it would be an enhanced short entry.

I'm just sometimes confused about the SL management. how much TP should i be looking for?
Bearish HD was present. Re-read my post.
  • #619
  • Dec 16, 2008 1:32am Dec 16, 2008 1:32am
Quoting belekas
Bearish HD was present. Re-read my post.
hi i did read it right i guess. I did not say the bearish HD was not present. what i meant was, if a bearish HD was present, would that support your entry since it was a short?
  • #620
  • Dec 16, 2008 1:50am Dec 16, 2008 1:50am
Quoting hwsv07
hi i did read it right i guess. I did not say the bearish HD was not present. what i meant was, if a bearish HD was present, would that support your entry since it was a short?
Are you high? Ofcourse when we have bearish HD we look for shorts lol
0 traders viewing now