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Lilmoe's Trading System and Analysis

  • #661
  • Dec 18, 2008 6:58am Dec 18, 2008 6:58am
Quoting lilmoe
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.

Attachment
target reached form 1h bear HD... hope u guys got that one, easy trade

now, this should start going back up or just ranging for the day...
  • #662
  • Dec 18, 2008 7:00am Dec 18, 2008 7:00am
Quoting belekas
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
i'm sorry for the late reply bro, but since we didn't have a 50ema on the 1h chart we look at the HIGHER TF 50ema or gann, it's in the rules
  • #663
  • Dec 18, 2008 7:03am Dec 18, 2008 7:03am
bro, this time. all together with EU, and GU..
looks to me, you have to DIG out your crapper
  • #664
  • Dec 18, 2008 7:17am Dec 18, 2008 7:17am
Quoting hwsv07
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!
UJ doesn't have a clear hidden divergence. it might have one, but MACD isn't showing it clearly. there ARE times where MACD doesn't detect a hidden divergence when once is actually present.

the way u drew that TL on MACD was incorrect. u have to connect the "peaks" which are the highest levels of the most recent rallies on that TF.
  • #665
  • Dec 18, 2008 7:22am Dec 18, 2008 7:22am
Quoting Piters
bro, this time. all together with EU, and GU..
looks to me, you have to DIG out your crapper
looool

GU doesn't look like it's ready to go down. trust me.

there's a STRONG bullish HD forming on the 4h chart GU. it HAS to play out before we see any downside.

selloffs are usually confirmed after a bullshit bullrun when bearish HDs start forming again on 1h and higher TFs
  • #666
  • Dec 18, 2008 7:22am Dec 18, 2008 7:22am
Quoting lilmoe
UJ doesn't have a clear hidden divergence. it might have one, but MACD isn't showing it clearly. there ARE times where MACD doesn't detect a hidden divergence when once is actually present.

the way u drew that TL on MACD was incorrect. u have to connect the "peaks" which are the highest levels of the most recent rallies on that TF.
i see. cos sometimes i have a problem of knowing at which point of the peak i should draw; and sometimes; one would draw what one would like to see...

and for the 2nd question, how far back in the TF do you look for divergence? if you look carefully, there's actually a small peak there as well.
  • #667
  • Dec 18, 2008 7:29am Dec 18, 2008 7:29am
Quoting lilmoe
looool

GU doesn't look like it's ready to go down. trust me.

there's a STRONG bullish HD forming on the 4h chart GU. it HAS to play out before we see any downside.

selloffs are usually confirmed after a bullshit bullrun when bearish HDs start forming again on 1h and higher TFs
GOT a lot of those PATIENCE pills mate.. I can WAIT

lool, OK bro, I believe you.. I posted on AUS thread, we may range here a bit.. but.. what ever.. let's make pips BRO..
  • #668
  • Dec 18, 2008 8:00am Dec 18, 2008 8:00am
Quoting lilmoe
target reached form 1h bear HD... hope u guys got that one, easy trade

now, this should start going back up or just ranging for the day...
Got the bearish HD very early today also off 1hr 50ema. Then traded the bullish HD off 5mins 50ema at around 136.30
  • #669
  • Dec 18, 2008 8:54am Dec 18, 2008 8:54am
Took the long on the classic bullish divergence on the 5m. And went short again at the 50 ema. Take profit at the 5 minute gann. man i am loving this. Before i was stupid and trading this thing blind. now, i actually have a feel for the movements thanks to lilmoe and his system. Thanks bro.
"Don't trade to trade . . . trade to win." - James16
  • #670
  • Dec 18, 2008 9:22am Dec 18, 2008 9:22am
Quoting hwsv07
i see. cos sometimes i have a problem of knowing at which point of the peak i should draw; and sometimes; one would draw what one would like to see...

and for the 2nd question, how far back in the TF do you look for divergence? if you look carefully, there's actually a small peak there as well.
there needs to be another peak in price. macd alone just forming a small "insignificant" peak is not good enough...

take it this way bro. if you don't see an "idea" setup, there's no need at all to take that trade. just a small piece of advice.

i myself don't take just any setup i get, i want for a good one to form, and that's how i pick my trades.

if u make 100 pips a day u're fine. i myself made a good deal so far. so i'm taking it easy

u can be as extreme as u want when u get a better feel of this system and incorporate it with ur own system. so no need to rush.
  • #671
  • Dec 18, 2008 10:02am Dec 18, 2008 10:02am
Quoting lilmoe
there needs to be another peak in price. macd alone just forming a small "insignificant" peak is not good enough...

take it this way bro. if you don't see an "idea" setup, there's no need at all to take that trade. just a small piece of advice.

i myself don't take just any setup i get, i want for a good one to form, and that's how i pick my trades.

if u make 100 pips a day u're fine. i myself made a good deal so far. so i'm taking it easy

u can be as extreme as u want when u get a better feel of this system and incorporate it with ur...

thanks bro! i hope i will get the hang of it.
  • #672
  • Dec 18, 2008 10:04am Dec 18, 2008 10:04am
GU just did the retracement and drop back down thing on the M5
  • #673
  • Dec 18, 2008 10:33am Dec 18, 2008 10:33am
Lilmoe,

can you please analyse my setup? It's my first (so be gentle plz )

Green pips to all!!

http://www.overseastravelservice.com...2017-19-13.png
  • #674
  • Dec 18, 2008 6:10pm Dec 18, 2008 6:10pm
Quoting tazmaniak
Lilmoe,

can you please analyse my setup? It's my first (so be gentle plz )

Green pips to all!!
sorry bro, i was away...


not bad for the first setup. but i've been wondering about that euro 1h chart all day... the only thing that is discouraging me is the previous bottom on MACD that is between the 2 bottoms u drew the trendline from... the price on the previous bottom was taken out (don't get confused, i'm just wondering if this setup is still valid)...

the feel of the setup is good... but the charts are just weird, loool.

u should make some good money out of that trade, because i think has NOT finished its uptrend yet, and i do believe we'll reach 1.4850 soon (september high).... could i be wrong? of course! lol
  • #675
  • Dec 18, 2008 11:25pm Dec 18, 2008 11:25pm
What do you guys think about this setup on the hourly?
Attached Image (click to enlarge)
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  • #676
  • Dec 19, 2008 3:47am Dec 19, 2008 3:47am
Quoting Skyhawks
What do you guys think about this setup on the hourly?
well, for me i think it's good! if i saw the same thing, i would haven taken it as well. but i was looking at EU so did not managed to catch it.

hope you did trade it cos it did play out.
  • #677
  • Dec 20, 2008 4:54am Dec 20, 2008 4:54am
Dear Lilmoe,

I am posting Four Charts for GU - D1, H4, H1, M30

Please correct me if i am wrong in my analysis of divergence.

D1 - Bearish Divergence

H4 - Bullish Divergence

H1 - Bullish Divergence

M30 - Bullish Divergence

If am correct then do u think Monday will be bullish day for GU ?.

How often do you analyse for divergence ?

Thanks in advance.

Regards

Rajat
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu-122008-d1.gif Size: 42 KB
Click to Enlarge Name: gu-122008-4h.gif Size: 47 KB
Click to Enlarge Name: gu-122008-1h.gif Size: 41 KB
Click to Enlarge Name: gu-122008-30m.gif Size: 43 KB
  • #678
  • Dec 20, 2008 9:17am Dec 20, 2008 9:17am
Hi, Lilmoe,

Just want to thank you for the detailed answer to my question, it was exactly what I wanted. It seems that when posting the question, I forgot the rule about Gann as TP1 =) stupid me...

Just one more question if you don't mind: I have read a lot of your analyses here and on the Auslanco's thread and it seems that you are using only tops and bottoms picking strategy, what about another one? (intraday swings...you told u use it to scalp 15 min). I use it when I do not see any divergence to play with...is it correct or U have abandoned the 1st strategy? because I could not see anyone posting about it in this thread...

Thanx again for keeping up the good work,

Have a nice weekend )

Peter
  • #679
  • Dec 20, 2008 10:56am Dec 20, 2008 10:56am
Sorry, I have already found the answer in post 272 =))
  • #680
  • Dec 20, 2008 11:05am Dec 20, 2008 11:05am
Quoting rajat.ind
Dear Lilmoe,

I am posting Four Charts for GU - D1, H4, H1, M30

Please correct me if i am wrong in my analysis of divergence.

D1 - Bearish Divergence

H4 - Bullish Divergence

H1 - Bullish Divergence

M30 - Bullish Divergence

If am correct then do u think Monday will be bullish day for GU ?.

How often do you analyse for divergence ?

Thanks in advance.

Regards

Rajat
hi there, i check for divergence ALL the time, especially in corrective markets

yes i think we might see a bullish start of the week on the GU, but it could test some more lows before doing so, not VERY low, but maybe 100-200 pips lower, UNLESS we close below daily gann, and that's where u should be careful with longs in the longer term.
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