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Lilmoe's Trading System and Analysis

  • #641
  • Dec 16, 2008 5:34am Dec 16, 2008 5:34am
Quoting PipChick
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
Excelent charts. Lets see if it plays out alright. Cheers lady
  • #642
  • Dec 16, 2008 5:38am Dec 16, 2008 5:38am
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
i think it is too... we should at least see a retest of the highs...
  • #643
  • Dec 16, 2008 5:41am Dec 16, 2008 5:41am
Quoting PipChick
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
i believe we should go up from here too
  • #644
  • Dec 16, 2008 9:18am Dec 16, 2008 9:18am
lilmoe,

there's a classical bullish div on the CCI30 and MACD on the daily GJ. do you trade daily TF?
  • #645
  • Dec 16, 2008 10:44am Dec 16, 2008 10:44am
Quoting hwsv07
lilmoe,

there's a classical bullish div on the CCI30 and MACD on the daily GJ. do you trade daily TF?

yes i trade that TF... and i see what u see.. try to go back to crispin's post and u'll see the setup u're talking about... our target should be daily 50ema at the least for the next coming days

that's rule#2 by the way...
  • #646
  • Edited 11:40am Dec 16, 2008 10:48am | Edited 11:40am
haha. this is gonna sound amateurish.

but since but your rule2 it's gonna try and seek 50ema. then why are you bothered by the PA now? or are you trying to "buy the dips"?



and lilmoe, just a setup question.

is the setting for your system for MACD 5,34,9 or 12,26,9?
  • #647
  • Dec 16, 2008 3:08pm Dec 16, 2008 3:08pm
Quoting belekas
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...
Thx for the reply, that helps!
  • #648
  • Dec 16, 2008 3:55pm Dec 16, 2008 3:55pm
Quoting hwsv07
haha. this is gonna sound amateurish.

but since but your rule2 it's gonna try and seek 50ema. then why are you bothered by the PA now? or are you trying to "buy the dips"?



and lilmoe, just a setup question.

is the setting for your system for MACD 5,34,9 or 12,26,9?


sorry had to laugh for a bit...

yes my initial target is 50ema on the daily... BUT i'm trying to load as many longs as i can... bad PA keeps stopping out my newly added longs at B/E

5.34.9 is what i use for my system... but right now i'm working a bit with 12.26.9 because it's sometimes "cleaner"
  • #649
  • Dec 16, 2008 4:36pm Dec 16, 2008 4:36pm
Good work Lilmoe!! Excellent thread bro
  • #650
  • Dec 16, 2008 5:13pm Dec 16, 2008 5:13pm
Euro will give a bounce down from the weekly 50ema in confluence with the 50% retrace @ 1.4200 for sure, as i see a potential bearish HD divergence in the in owen.
  • #651
  • Dec 16, 2008 10:17pm Dec 16, 2008 10:17pm
Quoting lilmoe


sorry had to laugh for a bit...

yes my initial target is 50ema on the daily... BUT i'm trying to load as many longs as i can... bad PA keeps stopping out my newly added longs at B/E

5.34.9 is what i use for my system... but right now i'm working a bit with 12.26.9 because it's sometimes "cleaner"
oh i downloaded the template from post #3 and it is using 12,26,9.

so i am not sure which is better for your system.
  • #652
  • Dec 17, 2008 5:59am Dec 17, 2008 5:59am
Quoting shakesfx
Good work Lilmoe!! Excellent thread bro

thanks bro
  • #653
  • Dec 17, 2008 6:05am Dec 17, 2008 6:05am
Came back from the toilet and see that i missed the shorts on guppy and cable from 5m bearish HD. Was there valid signals lilmoe, and how would you mange such shorts? I mean there wasnt 50ema nearby. So we could have sold below support, that means when candle closed below 5m gann. Make sense or not? Thanks
  • #654
  • Dec 17, 2008 8:16am Dec 17, 2008 8:16am
5m bearish HD from the 50ema played out as expected. 50 pips on GU and GJ closed @ 5m Gann
  • #655
  • Dec 17, 2008 10:26am Dec 17, 2008 10:26am
Quoting belekas
5m bearish HD from the 50ema played out as expected. 50 pips on GU and GJ closed @ 5m Gann
great job bro!
  • #656
  • Dec 18, 2008 5:39am Dec 18, 2008 5:39am
now that i look at the charts again, i noticed that i made a terrible mistake...

there was an OBVIOUS bullish HD on the 4h chart and a CCI rejection of a trendline and the -100 line...

the 1st target of the bullish HD was 4h gann which was reached obviously... i need to start paying more attention.. i'm losing focus!!!

we also bounced from 61.8 fibo with some sort of double bottom with a bullish divergence on m30... so yes, the long was supposed to be there, and that 300 pip target was "obious"...

chart:

Attached Image (click to enlarge)
Click to Enlarge Name: gj_4h_bullhd.gif Size: 20 KB


however, there's still a bearish HD on the 1h chart targeting 1h gann soon at around 135.50-136 area...

in the longer term, the bullish HD on the 4h chart should resume unless broken.

Attached Image (click to enlarge)
Click to Enlarge Name: gj_1h_bearhd.gif Size: 19 KB
  • #657
  • Dec 18, 2008 6:20am Dec 18, 2008 6:20am
Exactly what i see as well. Cable has 4h bullish HD as well. I want to ask you as we have 1hr bearish HD on the geppy targeting 1hr gann, where would you see actually? As we dont have 50ema to play a short bounce, so id like to hear what do you prefer


Quoting lilmoe
now that i look at the charts again, i noticed that i made a terrible mistake...

there was an OBVIOUS bullish HD on the 4h chart and a CCI rejection of a trendline and the -100 line...

the 1st target of the bullish HD was 4h gann which was reached obviously... i need to start paying more attention.. i'm losing focus!!!

we also bounced from 61.8 fibo with some sort of double bottom with a bullish divergence on m30... so yes, the long was supposed to be there, and that 300 pip target was "obious"...

chart:

Attachment

however,...
  • #658
  • Dec 18, 2008 6:33am Dec 18, 2008 6:33am
but the H1 50ema is proving to be a resistance for PA to get past to reach the H1 Gann... and what's more you still have the DP in the way as well.

edit: ok as i type, everything i said above is about to be breached.
  • #659
  • Dec 18, 2008 6:39am Dec 18, 2008 6:39am
lilmoe,

this is a perfect setup. bounce of +100 CCI30 bearish HD.
  • #660
  • Dec 18, 2008 6:56am Dec 18, 2008 6:56am
actually i think the same setup was also present in UJ. is this setup valid?

lilmoe, how far back in the timeline do you look for divergence? cos on my chart, there's also a part where it is also blue, using this, would make the bearish HD invalid.

thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: uj h1.gif Size: 41 KB
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