LOHAD Scalping system looking for V2.0 | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

TG Vorticity - By Lohad M1 Trading 104 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Lohad - Final Cut - M1 System 214 replies

Lohad HMA Scalping System 15 replies

Blackdiamond System - Awesome scalping system (Coding Reqd) 9 replies

Attachments: LOHAD Scalping system looking for V2.0
Exit Attachments

LOHAD Scalping system looking for V2.0

  • #61
  • Mar 9, 2009 1:41pm Mar 9, 2009 1:41pm
Quoting soeasy69
it seems to be me and you and Lohad in here at best... oh well as long as it works ... Where you from Profi? I am from Canada...

soeasy69...

Asia session is tricky to trade I stay awaay from it... gbpjpy moves nicely sometimes... but the eurusd is a gamble...

take crae...

Yeah I usually end my day around this time. Sometimes, I will look to see what is moving when hong kong opens but not looking to trade. My partner tends to trade GU 5M. But he has ice in his veins.

I do hear that sometimes the AUSUSD roars but I do not know that pair well so I stay away.

Usually on from 2:00 AM CST to right about know. Then lurking FF at night.

Have a good one guys!

Lohad
  • #62
  • Mar 9, 2009 2:34pm Mar 9, 2009 2:34pm
Cool!

That pdf sure does explain that BB MACD well... thanks...

soeasy69
Attached Image (click to enlarge)
Click to Enlarge Name: lohad12.gif Size: 59 KB
  • #63
  • Mar 9, 2009 4:41pm Mar 9, 2009 4:41pm
Hi LOHAN !
I'm new here in this thread, I think it must arouse interest in the reader. After your discussion with soeasy I can see your template much more clearly arranged. So it seems to me its time for completly summarizing the rules, may be in a pdf - as it is usual done in the FF.com-threads discribing a new method. May be you could do it ?
  • #64
  • Mar 9, 2009 6:48pm Mar 9, 2009 6:48pm
Quoting Mandl2007
Hi LOHAN !
I'm new here in this thread, I think it must arouse interest in the reader. After your discussion with soeasy I can see your template much more clearly arranged. So it seems to me its time for completly summarizing the rules, may be in a pdf - as it is usual done in the FF.com-threads discribing a new method. May be you could do it ?
Mandl2007,

I think that is a good idea. I will try to get this done as soon as possible. For now if you take a look at Soeasy's last post, it describes a "text book: entry. I will be using Soasy's template (posted earlier in this thread) from now on (with the addition of the QQE that Profi posted). But I think Soeasy's template is the way to start out. If you want to add an indi or two that would be up to you. But is a lot clearer without all of the crap I had on it.

But to paraphrase before the PDF file comes out; the best entries are as follows:

Short Move
1: PSar dot starts on top and out side the upper Bollinger Band
2: Price cuts down through the Hull
3: Red dot switches to the outside bottom of the line on the BB Macd.

Exits Strategy (for now)
1: Dot on Psar reverses (Could leave some pips on the table)
2: Dot Crosses over to the other side of the BB Macd
3: Bollenger Band Exit
4: Price crosses the Hull
5: Descretionary TP
6: Price Action

Stops:

Use at your own descretion. I have no set stops, just price action (S/R)

I think with the help from everyone here so far, we have a pretty solid scalping system working. I think exits are the toughest things to solidify to ensure we get the most out of the move without leaving alot of pips on the table.

I will try to summarize this rant onto a PDF.

Thanks for checking this out! If you have any suggestions, please throw it out there.

Lohad
  • #65
  • Mar 9, 2009 7:53pm Mar 9, 2009 7:53pm
Turning off the computer for the night guys.

Pretty good day. I netted 61 pips today. Could have been more, I left some pips on the table, but I can't complain about profit.

I will try to get the insturction manual put together as soon as possible, but it will take a lower priority then trading. Since we are only on page 5 on this thread it will be easy for any one to catch up.

Soeasy, if you don't mind I am going to use your template as the "baseline" setup for this PDF that I am going to make. And I will include mine that has the QQE from Profi included. But believe me, simple is better on this on. Just take a look on page 1 of my system with all of the garbage that I had on my screen. This cleaner set up is about as refreshing as a cold beer after a hard days work. Speaking of that cold beer...... better go!

Good luck on the asian market tonight. Go get em!

Lohad
  • #66
  • Mar 9, 2009 8:18pm Mar 9, 2009 8:18pm
Quoting lohad
Turning off the computer for the night guys.

Pretty good day. I netted 61 pips today. Could have been more, I left some pips on the table, but I can't complain about profit.

I will try to get the insturction manual put together as soon as possible, but it will take a lower priority then trading. Since we are only on page 5 on this thread it will be easy for any one to catch up.

Soeasy, if you don't mind I am going to use your template as the "baseline" setup for this PDF that I am going to make. And I will include mine that has the QQE...
Hey Lohad...

No probs with the template... I like blue candles with red... I also like to color cordinate my indicators as much as possible so you see blue blue blue = BUY!!! RED RED RED = Sell!!! Me I stay away from the Asia session... too unpredicatble... UK ans US rock!!! Back in the good old days only the UK rocked the house... As far as exits that's one of the hardest things a trader can face is when to take it! Like they say: "If You Don't Take It The Market Will!" The one good thing we have is the plan to get in and that's way better than an exit plan... Like they say "Plan The Trade Trade The Plan!"

Also I want to stress that S&R is your best SL and you best entry is to go short after a nice run up of 50 to 100 and to go long after a nice run down after 50 to 100... The best setups happen after a good run ... take today for example... we came down 170 pips then we retarced back up 80 real quick... please see picture...

ttyl guys...

So where are you from Lohad...if you don't mind me asking? You said something abouit CST... You live in the mid USA? I live in the EST of Canada...

soeasy69
Attached Image (click to enlarge)
Click to Enlarge Name: lohad3.gif Size: 51 KB
  • #67
  • Mar 9, 2009 9:08pm Mar 9, 2009 9:08pm
Peace...

soeasy69
Attached File(s)
File Type: tpl bb macd trader.tpl   17 KB | 601 downloads
  • #68
  • Mar 9, 2009 9:13pm Mar 9, 2009 9:13pm
This is where those sma's come in handy to not trade against the trend but then again you'll misss a lot of setups...
Attached Image (click to enlarge)
Click to Enlarge Name: lohad4.gif Size: 60 KB
  • #69
  • Mar 9, 2009 10:46pm Mar 9, 2009 10:46pm
Quoting soeasy69
it seems to be me and you and Lohad in here at best... oh well as long as it works ... Where you from Profi? I am from Canada...

soeasy69...

Asia session is tricky to trade I stay awaay from it... gbpjpy moves nicely sometimes... but the eurusd is a gamble...

take crae...
I am from Malaysia. Sometimes I do trade during Sydney and Tokyo session. During this session I pay more attention on EURJPY. Can expect pretty good moves sometimes.

~profi~
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #70
  • Mar 9, 2009 10:55pm Mar 9, 2009 10:55pm
Hi Lohad n Soeasy

I attach here another useful PDF to work with this simple system. This PDF contain info on how to apply 1-2-3 concept together with Bollinger Bands.

Hope this will helps you guys to find good and timing entry.

Cheers
~profi~
Attached File(s)
File Type: pdf Trading Manual_C30_257-266.pdf   76 KB | 1,002 downloads
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #71
  • Mar 9, 2009 11:29pm Mar 9, 2009 11:29pm
Another fast scalp on GU

Sometimes the PSAR Dot is not outside the BBands. But on this trade, the PA has cross Hull, middle band of Bollinger and BB Macd has given signal crossing level 0.00. Another confirmation, both QQE has cross and QQE SF5 also cross level 50.

Exit when the BB Macd first turn to Green.
Attached Image (click to enlarge)
Click to Enlarge Name: gu10_chart.jpg Size: 118 KB
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #72
  • Mar 10, 2009 12:52am Mar 10, 2009 12:52am
Another quick 30+ pips on GU
Attached Image (click to enlarge)
Click to Enlarge Name: gu10a_chart.jpg Size: 116 KB
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #73
  • Mar 10, 2009 2:02am Mar 10, 2009 2:02am
Quoting soeasy69
1
So where are you from Lohad...if you don't mind me asking? You said something abouit CST... You live in the mid USA? I live in the EST of Canada...

soeasy69
I am live in Wisconsin. Your from the land of good beer. I am from the land of just beer and brats..

Lohad
  • #74
  • Mar 10, 2009 2:06am Mar 10, 2009 2:06am
Quoting profi4554
Hi Lohad n Soeasy

I attach here another useful PDF to work with this simple system. This PDF contain info on how to apply 1-2-3 concept together with Bollinger Bands.

Hope this will helps you guys to find good and timing entry.

Cheers
~profi~

Profi,

Thanks for the info. This looks relevant for this system. I will read through.

Lohad
  • #75
  • Mar 10, 2009 2:10am Mar 10, 2009 2:10am
Quoting profi4554
Another fast scalp on GU

Sometimes the PSAR Dot is not outside the BBands. But on this trade, the PA has cross Hull, middle band of Bollinger and BB Macd has given signal crossing level 0.00. Another confirmation, both QQE has cross and QQE SF5 also cross level 50.

Exit when the BB Macd first turn to Green.
Profi,

I take setups like this all the time as well. You just need to be in tune with price movement and be ready for things to go angainst you. But is definately a variation of the system that I have made trades on. Good trade!

Lohad
  • #76
  • Mar 10, 2009 2:12am Mar 10, 2009 2:12am
Quoting profi4554
Another quick 30+ pips on GU
Nice trade and good patience,

This is an example of waiting for the perfect set up. Psar did not start out side the BB but then moved outside and just wait for the BB Macd to do it's thing and then we have lift off. Nice trade!

Lohad
  • #77
  • Mar 10, 2009 4:38am Mar 10, 2009 4:38am
Hi Lohad...

I sure hope you bags many pips today. Im done trading for today. Thanks for your simple setup. Now its learn and play time for me

Cheers
~profi~
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #78
  • Mar 10, 2009 4:51am Mar 10, 2009 4:51am
Profi,

Thanks buddy! I will try to pick up where you left off. I just got out of a meat grinder of a trade! 52 minutes for 3 pips. I got caught in a range. I will post a picture to a) show a trade gone bad and b) to analyze it to see if we can catch a sign of this. I will post this in a little while.

Thanks,

Lohad
  • #79
  • Mar 10, 2009 5:50am Mar 10, 2009 5:50am
I have noticed today that after a big run up, you may get a signal for a short. I just took the trade at 10:32 GMT-5 for a 10 pip TP. It hit my target, but trader beware imho. It seems to be choppy in these situations (atleast for today). Technically I could still be in since my SL was set at 2723...... yuo look at her run!!! Left too much on the table. What do you guys think?

Happy trading!

Lohad
  • #80
  • Mar 10, 2009 6:07am Mar 10, 2009 6:07am
Quoting lohad
I have noticed today that after a big run up, you may get a signal for a short. I just took the trade at 10:32 GMT-5 for a 10 pip TP. It hit my target, but trader beware imho. It seems to be choppy in these situations (atleast for today). Technically I could still be in since my SL was set at 2723...... yuo look at her run!!! Left too much on the table. What do you guys think?

Happy trading!

Lohad
I am sure you are talking about EURUSD. It looks too choppy for me to trade on that pair. But there are still few good chances for quick scalp. Just need very keen eyes and fast finger to do so.
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
0 traders viewing now