Low Profile Trading Community

Hello All,

I wish you all well and enjoy our upcoming Christmas 2013.

I am a part time trader started trading only the Forex since 2006. I failed so many times and I still kept looking for the best approach to trade the market. I have not found the holy grail yet, but I discovered something that I believe is valuable to all traders. Currently, I trade 2 strategies, one is short term (set and forget stop orders within the day) and the other is longer term (monthly swing cycle). I decide to share the intraday strategy with all of you and my ultimate goal is "everyone makes profit and we form a trading community where we help each other".

Please note, I personally do not encourage argument, everyone has different trading style. Please respect each other. I sincerely hope everyone who visits our thread will keep open minded and learn from others.

Due to the fact that I have a full time job, I will try to update my thread as soon as I get to my computer after work.

Updates: Please note, over the last 24 hours, I've given some thought and decide to share with you my double entry trading approach. Before, I was sharing a similar approach. But it was an OCO entry approach. Now, I will start to post EOD entries, this strategy is similar to the previous one. But we keep both orders active until the end of the day. This strategy will not only enhance the profit opportunities, but will also provide a dynamic trading opportunity to you.

Cheers

LP

Let's get started,

I am not going to bore you with all the charts and drawings. I am going to make things neat and clear.

Instructions to read my orders:

all the orders I am posting are OCO orders (one cancel the other), meaning we will have 2 stop orders for the day, if one order is triggered, the other must be cancelled either by hand or by EA. This is very important.

I am going to post first trade after market opens tomorrow. Have a great evening!!

Can you tell us a bit more bout your system?

Sure, This is an intra day trading approach. It is based on mathematical calculation on price to locate high probability support and resistance. Therefore, I would need previous price to calculate previous price speed, angle, momentum, trading volume and combine with future predicted price level in order to locate this trading opportunity. Now, I am not a math genius nor hodling any math degree. I am an average person graduate in Finance. So I urge anyone who visit my thread to keep themselves open minded and learn from each other.

If you are interested, I will start posting my entries after market opens today, please try them on demo account for 1 month I would say, you can take the time to see what it really does.

Thanks

LP

Yes, I'm very interested. I'll wait for your entries and to learn how to calculate it....

Luca,

Thanks for you interest in this approach. My first goal is to provide traders a platform to make some pips. The biggest challenge I have now is that I have a full time job, I have to make sure to post entries before they happen. In the future, I may need to change the way to distribute these information. But first, try them on demo, get to feel it first.

LP

Guys, something just came up in my mind. I just want to show you know how my entries will look like. Please see below for the previous trade I took. Please note this trade has expired. I am showing you this with a VERTICAL line indicating the start of the day. 4 horizontal lines indicator entries and targets.

Please note, I did not make these up. The reason I show you this not to tell you my entries are accurate, but to show you how they will look like. In this example below, SELL was trigger, even we could have win the buy side too as we are still within the same day, but we wouldn't, we would've cancel the buy order when SELL was trigger. Cheers

LP

Guys, as promised.

Buy order: 1.3682 Target: 1.37

Sell order: 1.3657 Target: 1.3639



LP

Guys, when you can, please let others know you are in this trade, please Participate, this will get me going and keep updating this thread. And let us know your result as we are using different brokers.

Thanks

LP

Hi LP, i stumbled upon your thread when i was searching for the answer of the odds of trading in holiday times like these, is it worthy or should we just wait till january to start of clean sheet, waddaya think? anyways here's my pending order on EU

Hello Zeb,

In my humble opinion, there is a monthly trend going on month by month. But I do agree we as human will incur losses due to emotion because of extremely low volatility around holiday season. I am currently shorting E/U for the current month cycle (long term trade). So in my opinion, as long as you go with the cycle/trend, you will do good. Some ppl like myself like to add position on the way, but sometimes may be stopped out due to retracement and fear.

Is your pending order referring back to my entries? if yes, the buy order has already been executed, the sell order should be cancelled by now. After today, either we make a profit or not. I will keep posting the entries for the next few days, but I do agree with you, with such low volatility, I do believe that price will be having a hard time to reach our target within the same day, but we can stay out of the market and observe how it behaves with our entries and target.

If price does hit you sell order now, you may be able to get to the sell side target, as e/u is in a down trend.

Cheers

See you all Tmr

LP

Hi LP

I demo it on Alapari ru..

look forward for your long term trades and views.

thanks

i refer my pending order from my own sets of terms, but am interested in yours (always wanted to trade naked), actually i did see a buying chance on EU but didn't take it prior to my question, not sure whether there is enough volatility or not, that's why i ask about your opinion. i tried to speculate on GU and and it seems that there are some power to it. now waiting for london session to open, and i will see where EU is going from now.


regards

Nick,

thx for participating. This is the reason to push myself to keep updating this thread with trading opportunities.

I hope you enjoyed the ride we had last night. For the longer term trade. I do not think I am prepared for it as I do have a full tiime job (having lunch now, )

So i need a lot of preparation for that. But please sit back and relax, try to demo this intra day trade and get to feel it. I am happy u r on board.

LP

I hope you enjoy your euro session trading tiime last night. I totally agree with u on the volatiliy part. I would love to provide you and the others the holy grail or secret to trade the market. Now I really understand why people always say, trading is an art. When you get to the point where u expose 100% of yourself in the market long enough, you will have the ability to time the market and trade it. my advice is, we are all learning. it is so beneficial to keep open minded. Because you never know what you will find out even in a strategy that everyone thinks its useless. I hope to learn from all of you to further improve my own skills in trading the market, please feel free to share your knowledge and we grow our community as a whole!

LP

After I get off work today, I will give you guys the next day's entries. Please note that I personally will not trade it (or maybe i will trade 0.01 lot) because for me, Alpari UK is my broker and they are closing on some days. I do not want to lose my money for the sake of trading. But if I can get a coffee with my 0.01 micro lot. that's not too bad

So if you guys do it on ur demo, feel free. But please be aware of the trading hours.

btw, no one has asked me this yet, for stop loss, I use 1:1, that means, if my profit target is 20 pips away from my entry, I will set 20 pip stop as well. some people like to do 2:1 or more, this is based on ur discretion.

Need to get back to work soon.

Cheers.

LP

Here you go guys. Enjoy.

set your stop if you r trading.

Hi all,

I want to share a phenomenon with you all. Please see the 2 pic below. See how the bollinger look like. Many traders use them to enter trades. but please look closely and tell me what you see other than expanding and contracting. I would like to share with you this so this will become one of your instincts.

Hi LP

yesterday trade i got in on the long and it hit TP, nice...

Bollingerbands ? : I also trade on the extreme spike which is outside the bands. ermmm..... short trades on m15.

Hey Guys, I think our sell target has been hit by now, can anyone confirm? I am at work, can only see online chart. Thanks



Nick, nice, I will elaborate a bit more into that when i get back home. There is a way to tell where the market is heading with very high probabilies. But I want other traders to share what they think before I put comment. I do see many people viewing this thread, but only few people posting. I hope to see more. we are a community as what the thread title says. Please share your thoughts and comments with others.

To everyone, I dont think I will be able to post entries today as i"m having christmas eve dinner with familiy. But I thinik brokers are closing later today. I will keep you guys posted. I think I will re-posting them in Jan , Jan 7 or sth.

back to work now...

LP