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Lilmoe's Trading System and Analysis

  • #621
  • Dec 16, 2008 1:52am Dec 16, 2008 1:52am
1hr bullish HD with a confluence of ascending lower TL, 50% fib retrace and 50 ema And look at that bounce wow im impressed lilmoe about this techniq . lovely
  • #622
  • Dec 16, 2008 1:57am Dec 16, 2008 1:57am
What is happening,gj gives a perfect entry for short on 30min and it immediately retrace back to the pivot point.This is a little becoming something of unpredictable since yesterday.Do anyone see any divergence,'cos i could'nt see anything that brings about the retracement.
  • #623
  • Dec 16, 2008 2:15am Dec 16, 2008 2:15am
Quoting hiswords
What is happening,gj gives a perfect entry for short on 30min and it immediately retrace back to the pivot point.This is a little becoming something of unpredictable since yesterday.Do anyone see any divergence,'cos i could'nt see anything that brings about the retracement.
Perfect long of the 1hr bullish HD in confluence with 50% retrace to the lower TL and 1hr 50 ema. Perfect long setup.
  • #624
  • Dec 16, 2008 2:28am Dec 16, 2008 2:28am
Quoting belekas
Perfect long of the 1hr bullish HD in confluence with 50% retrace to the lower TL and 1hr 50 ema. Perfect long setup.
hey I was wondering how you time your exits?
  • #625
  • Dec 16, 2008 2:30am Dec 16, 2008 2:30am
5m bearish HD provided a nice short op on the bounce from 15m 50 ema for a nice 50 pips, though i missed it during conversation with a fellow trader buddy of mine. Hope you guys caught it
  • #626
  • Dec 16, 2008 2:35am Dec 16, 2008 2:35am
Quoting Skyhawks
hey I was wondering how you time your exits?
Well im more of a swing trader but i have started to scalp GBP/YEN not long ago using my own method with some divergence techniqs added from the owner of this thead - lilmoe. He say that usually the bounce from x timeframes 50 ema yiels the x timeframes gann. So basically if we longed that from 1hr 50 ema so we should have taken profit @ 1hr gann, but it was never reached, and 5m bearish HD divergence formed and played out nicely. So basically when we are scalping we need to lock in partial profit. Lets say when we are up 50 we take 1 lot of, on 100 another, and leave 1 running. Or whtever that makes you comfortable with. Im not saying the 1hr gann wont be reaches but we have to be safe and to give away green pips - naaah, not worth it

hope it clears a little
  • #627
  • Dec 16, 2008 2:59am Dec 16, 2008 2:59am
Signals was everywhere. 5m bearish HD on cable of the 50 ema played out very well. Im still too slow to catch these moves lol
  • #628
  • Dec 16, 2008 3:50am Dec 16, 2008 3:50am
Quoting hwsv07
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.
100 pips ABOVE and S/R level when u're going for a short...
  • #629
  • Dec 16, 2008 4:01am Dec 16, 2008 4:01am
Quoting hiswords
What is happening,gj gives a perfect entry for short on 30min and it immediately retrace back to the pivot point.This is a little becoming something of unpredictable since yesterday.Do anyone see any divergence,'cos i could'nt see anything that brings about the retracement.
what short entry?? all i see right now is bullish HDs...
  • #630
  • Dec 16, 2008 4:06am Dec 16, 2008 4:06am
Quoting lilmoe
what short entry?? all i see right now is bullish HDs...
Hola Hola
  • #631
  • Dec 16, 2008 4:20am Dec 16, 2008 4:20am
Quoting belekas
Are you high? Ofcourse when we have bearish HD we look for shorts lol
sorry bekelas. haha cos i am still getting used to divergence, so i probably sometimes just post the obvious stuff to make sure what i am thinking and writing is correct. hope you do not mind me...

by the way, how would you know which TF to switch to to take the short from? like the recent GJ H1 Hidden Bullish Divergence and the subsequent M5 down action, how would you know which TF to apply?
  • #632
  • Dec 16, 2008 4:23am Dec 16, 2008 4:23am
Quoting hwsv07
sorry bekelas. haha cos i am still getting used to divergence, so i probably sometimes just post the obvious stuff to make sure what i am thinking and writing is correct. hope you do not mind me...

by the way, how would you know which TF to switch to to take the short from? like the recent GJ H1 Hidden Bullish Divergence and the subsequent M5 down action, how would you know which TF to apply?
I would suggest you reading the thread once again to understand the basic principles of S&R. And ask the great lilmoe to clear some things up for ya
  • #633
  • Dec 16, 2008 4:41am Dec 16, 2008 4:41am
Quoting belekas
Hola Hola
hey there!
  • #634
  • Dec 16, 2008 5:05am Dec 16, 2008 5:05am
Quoting lilmoe
hey there!
I see bullisj HD everywhere as well. Shall we see a bull run in the NY session? Whats your take buddy. I think thats pretty possible
  • #635
  • Dec 16, 2008 5:08am Dec 16, 2008 5:08am
Quoting belekas
I see bullisj HD everywhere as well. Shall we see a bull run in the NY session? Whats your take buddy. I think thats pretty possible
Classic bullish divergence on the 15 and 30 cci30
  • #636
  • Dec 16, 2008 5:10am Dec 16, 2008 5:10am
So we bounced off the 61.8 of yesterdays move..We have Bullish HD on the 1 hr and Classic bullish div on the 15 and 30 and we have formed an abcd pattern for longs.We "should" go up from here.
  • #637
  • Dec 16, 2008 5:12am Dec 16, 2008 5:12am
Quoting PipChick
Classic bullish divergence on the 15 and 30 cci30
Can you post a chart please
  • #638
  • Dec 16, 2008 5:27am Dec 16, 2008 5:27am
Quoting belekas
Can you post a chart please
Sorry it took so long belekas..I am having intermittent connection. Here is the 15 min chart with classic bullish div and also the 1 hr ABCD
Attached Image(s) (click to enlarge)
Click to Enlarge Name: SP32-20081216-062407.gif Size: 11 KB
Click to Enlarge Name: SP32-20081216-061623.gif Size: 16 KB
  • #639
  • Dec 16, 2008 5:28am Dec 16, 2008 5:28am
we have classical bullish divergence on CCI30 and the MACD.

and yup, bekelas, i'm rereading all over again just to get it right.

hope i got chart readings right.

now waiting for M15 CCI30 to close above -100 for trend reversal.
Attached Image (click to enlarge)
Click to Enlarge Name: m15 gj.gif Size: 39 KB
  • #640
  • Dec 16, 2008 5:31am Dec 16, 2008 5:31am
Quoting hwsv07
we have classical bullish divergence on CCI30 and the MACD.

and yup, bekelas, i'm rereading all over again just to get it right.

hope i got chart readings right.
Doing perfect hwsv.
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