Low Profile Trading Community

Hi all,

The last trading day has been violent may I use the word. It is a great challenge to me to analyse the market due to its extra volatility. I never had encounter such controversial moment in my analysis. But I decided to give it a try. Let's see how the market react to my math again.

I will be providing my analysis in the next hour or so, still working on it. But please, pay closer attention to it this time because i'm personally a bit worried due to what i see in the last trading day. I'm very glad we hit our target before it acted like that

Set your stop loss, then you go to sleep with no pressure. Mental health is essential, when i was working in a bank, my fellows always ask me the question that i bet many of you have been asked before. which is "do you prefer conservative or aggressive trading strategy? my answer was both and depends. Because I believe when one is at his/her 20s, he/she should take a bit more risk and then to be more conservative when he/she reaches the next stage of life. So always manage ur risk by setting stop loss, do not go chase the bus if you miss it!

Stay tune, see you next hour or so.

LP

alrighty guys, I will be posting my entries at 6:00pm sharp, so 15 more min to go. Still work in progress.

thx

LP

Here you go....

again, please pay closer attention. safety is #1, and stop loss is a must!!




LP

what would the difference be in viewing it at H1 time frame as opposed to 15min if price level is what we are look at?

Hello biDc,

first of all, welcome on board.

No, there is no difference at all. I put up 15 min just so that we can look at a more closed up picture as opposed to other time frames.

All we are doing here is to catch a trend. now, we are not catching a trend in the middle, not the end of the trend either by following higher time frame, we are catching it as it is initiating.

btw guys, i just check my outlook, 545 emails, I do not think i can reply all of them in time, please be patient and wait till i get yours. Also, if you have questions, please post them here so others can benefit from them too.

To Koh, as you can see Koh, this time we are not having our entries at high and lo, so no worries.

LP

Good morning traders,

I got few emails asking same question, so here I address it.

"LP, is it true that your method indeed a breakout method?"

No, it is not a break out. It is a method to detect the start of trend once price get close to our energy point. A trend then is confirm by volume and volatility.

"LP, how come your take profit is always 18 pips or around 18pips, is that fixed? How do you set your stop loss?"

Coincidence I have to tell you, there is nothing that is fixed in trading, everything is dynamic as market is moving over time, you need to adapt to market. With all that being said, there is no magic here, everything is hard work. The entries look simple to many of you, but I have to spend hours behind the stage to prepare it. I am still browsing the forums everyday to add new useful idea to my method, so as I always say, keep yourself open minded. Personally, I never complain anyone, because the only way to learn is to be humble.

in regards to my stop loss, I always set it to 1:1. if i have 18 pips of profit, i set 18 pips stop loss.

Lastly, to my understanding, I know many traders want to get rich overnight, I think its really possible, but you need to knowledge to do so. Please learn from the basics, and try to apply what you learn in school, I mean physics, math.

I hope it helps.

LP

Hello traders, we have roughly 40+ min to go b4 market opens. Please pay close attention to the trade. btw, this friday is NFP. so watch out for the extra volatility.

Also, I want to share with you bit by bit of my trading method. Please note, this is only a very tiny tiny part of it. but see the powerfulness of its presence. Please, I will share with you how to trade successfully using these 2 indicators. MACD and Stoc. And after I explain, I hope no one will say indicators are useless. Open minded, everything is POSSIBLE, depends on how to look at them. Again, nothing is new here, but its just human nature to seek for fancy and complicated system!



LP

+1

Ok, i've given you 15 min + to find the trick, here it is i reveal it for you. Look at the vertical lines. This is how you can benefit from multi time frame trading. But, most importantly, many traders think this could be holy grail, NO, because you have no idea when the trend will end on upper time frames. In this post, i just want to show you how you can make money by combine 2 common indicators you can find on any platform.



LP

Guys, do not forget to create your pending orders referring back to post #43. I just created mine, almost forgot.

Enjoy.

LP

Hello All,

the trade has been going against our buy position since market opened. This is a very good example, i expected something like to happen for a while so I can share with you our plan. Right now, we are holding buy position and we have 1:1 stop loss in place, if, the trend stop us out, we still have have plan B, which is the sell order we have in place. This is the reason we keep both order active until 2 conditions are met:

1. when one of the order hits the target OR

2. when both order are stopped out.

Please sit back and be patient. Do not let your emotion eats u alive!

LP

Morning traders,

Our trade got stopped out. This is good, as long as we plan our trade and we set our stop we are good. We learned our lesson, if previous day's trading was abnormal, we should pay closer attention to the next day's.

Please stay tune for today's entries.

LP

I don't mean to be anal but NFP is Friday 10th January (according to the calendar) :nerd: I thought school went back on Monday 10th January then realised that the 10th isn't a Monday, it's a Friday and that Monday is the 6th. Just to confuse you even more

Yes, it is confusing indeed, I thought the NFP always falls on the first friday. Thx for Clarifying

LP

Sorry for the wait, just got back to my computer after work.

here you go...





LP

And I have some good news for all of us. I lost money yesterday due the trade we had. But I am so happy today, because my buy order was actually serving a point of resistance when market first tried to go up. I spend my lunch time to study the analysis i had, and i believe I found out why, Because we have a gap up right after market opened ytd, and I did not include that into my analysis because I never had that problem b4 even since I traded this method. Because of the gap up, it exceeded more than 5% of my estimates in my overall analysis. I got home just now, and re-did my analysis by including the gap up. if I did that, we would still lost the first trade (would be a sell), but we would be recovered by the dynamic buy order. I will post a pic with the level included the gap up. Now I need to do more research on this, i need to go back to the past and study on this. But I am so happy now because I learned sth new.

btw, I have put that gap up into my calculation for today's analysis. But my approach is not 100%, but I will work as hard as i can to get it closer and closer to that. I have a dream, but hard work is the most important component to accomplish this task. will upload pic later after dinner.

Cheers,

Plz set stop loss if you are demo trading.

LP

As promised, Below is the analysis that includes the gap up. please look at the yellow boxes, the first box is our sell trade triggered, and got stopped out , and trend started to go to our second energy point which is the blue trigger line for our buy order. and it hit our target. And please also make note that the target is serving as support right now at this moment.

THIS trade has EXPIRED. its only re-assessment.

Attached Image (click to enlarge)

Morning guys,

Congrats to thos who got onto the boat. now, we are back on our feet and we learned our lesson. Good stuff!!

TOday my broker will close early. And tmr no trading hour, I will post my entries tmr night for thursday entries once market reopen.

HAPPY NEW YEAR ALL

LP

Hell all,

I just checked my emails, I found round 20 of them asking same quesions, so here I answer it.

So LP, do u suggest to just cancel the other pending order when one is executed or keep both?

I know i mentioned about keeping both open on post 1 (after edit post 1) and keeping only one after the other one is triggered. This was because I tried to delete post #2 but i couldn't, neither can i edit it. so to avoid the confusion, i want to clarify now.

You can do it either way:

1. cancel the other order once the current order has been executed. this way, if u get stop out, u lose one unit/trade (lower risk)

2. it doesn't make it wrong if u want to keep both active until either profit is reach or both get stopped out, now u may be losing 2 trades if both get stopped out. (higher risk)

in conclusion. I myself pick the 2nd option. because of 2 purposes:

1. i mentioned earlier, we are not trading breakout, many of u may think it is, but its not, we are trading with the trend right b4 it initiate. so I give 2 possible trend energy points (our entries), both will serve as resistance/support, we dont know that until price get attracted to that level. so we have 2 possible way to go. being open minded.

2. if one trend failed, that means the trend will mostly likely happen in the opposite direction when price penetrate the 2nd energy point on the other side. now, that will mostly like hit our target on that side and recover our loss from trade #1.

So, based on your discretion.

LP

Someone asked me in email. if they can use the target as the entry point to trigger a second back to the entry i give originally.

Answer is NO. because there is no analysis involve, and we can not predict/calculate what will most likely happen at that time even it looks like those target are serving as support/resistance. Please refer to yesterday's trade if you do not quite understand what that trader is actually asking.




LP