Low Profile Trading Community

Happy 2014 traders

I hope you had the chance to jump onto our boat and made some profit in the last few entries we had. Learning is a very long long journey, knowledge is gained through long hours of study, research, and application. Therefore I want to provide a platform on this forum, for all retail traders and new traders to at least make something out of market while learning.

If you ask me, I do not have any system, I only have method that is built slowly with bit by bit skill here and there, and those skills just become my instinct when trading the market. I hope you keep on searching and learning in 2014 and become successful.

I know I've said this many many times, and sometimes i felt myself is over the line, or make some people feel annoyed. But being open minded is the key.

I noticed that I had so much typo in my previous posts, my sincerely apologies on that as I was at work most of the time and I couldn't spend much on on correcting my typo/grammar, as long as i delivered the msg, we are good. so you have direction.

Now, please stay put, I will post entries today after market opens, not before, because I need to see if we have any gap, if we do, I need to include that too.

LP

First trade in 2014. As per educated guess, there is indeed gap presented today at open. Please see below for entries that include the gap for calculation.

Enjoy!!!




LP

Hi all,

Unfortunately we lost the first trade of 2014.

too bad that's the nature of trading. But as long as we have protective stop, a plan, we are good!!

Please also note that E/U is reaching the next monthly cycle. According to my study and research, this cycle will form an uptrend.

Please do not take this as a trading advice as you need other tools to confirm.

Let's focus on the intraday first, once all of you get comfortable and confident with it by experience it more than enough, I will introduce you my monthly cycle approach (long term). I am not sure if you will like it or not, i guess depends on what you believe in. The longer term approach is based on natural rhythm.

LP

Hello traders. Please refer to below for today's entries.

regards.




LP

CONGRATS GUYS, WE MADE IT AGAIN!! 24 PIPS OF PROFIT.

look at how our target served as important support. but i dont suggest to trade with that as its beyond our analysis. But check your chart for previous trades, they all became important level or either S or R. Cheers. Wait for the next entries on sunday night.




LP

I always like to look back and learn how we did in our trade. Even though the market exceeds our target afterwards, but we always stand our ground. Plan our trade and trade our plan.

I am preparing my swing trading approach and going to share it with all of you, please give me some time, this will take a while for sure, I am going bring Fibonacci into our trading.

Stay tune!




LP

Hey guys,

before I present you my swing trading approach, I really hope you can start making some profits on my short term trades that I post here on a daily basis. when you are trading paper money, please rmb to set stop loss and put no emotion in it. See how it works out. You need to be consistent and aim for long run, treat it like a business.

Now, I would love you show you how I use the below technique to make money, its very easy, but again, this is a part of my trading, everything is inside my brain, i'm not a text book, So I may not be explaining things in order, but this is bit by bit how I trade. How I look at the market.

First, I want to show you why I expect an uptrend soon. But this is my roadmap, in order to trade in the right direction at RIGHT time, we need many other tools to time the entry. Below, we have 2 spaces, one is blue and one is purple, blue is for down trend, and purple is for uptrend. this itself is just a map. I will show to you how I look at it step by step as the thread develops.




LP

The below is called unorthodox trend line breaking. If you look closely, it's not only trendline breaking, it's real trend establishing.

If you can't use this to make money, I do not know what to say. As you an see, we draw a trendline based on pivot (ring pivot), and then we draw a vertical line and intersect the trendline. that intersection point is our trend centre of gravity, what a fancy name, i name is this way to remind myself how i look at it, i look at it in the terms of physics (i love physics and like applying it in real life). anyway, once price breaks that point, we call it trend changed.




LP

Morning traders,

today, I am going to show you how I enter the trade, below is an example for buy setup, vice versa for sell.

The centre of gravity applied here is like any centre of gravity in any moving object, please refer to your physics action reaction chapter or wiki. As an object moves, the centre of gravity will move with the object and becomes dynamic, the only way to identify a trend change is to find this point.

now, of course you will have losses as market is so unpredictable, but we dont need to predict anything, we just need to align this with other tools and when all of these happen at same time, we do have a pretty good idea of where price is heading.




LP

Let's add a bit more complexity to the chart, I am adding secondary, tertiary etc trend lines onto the chart,

See how these intersections become your future price turning point.




LP

Morning Traders,

Please do not forget I will have entries posted here after market opens.

I hope you enjoy and stick to the plan and not to forget cancel the 2nd order once the first one has hit the target.

And remember your stop loss.

LP

Its me again traders. see below for today's entries, dont forget stop loss. this time i use 4H because 15m doesn't show the 4 lines even i zoomed out, so nothing has been changed, just want to show you the 4 lines.




LP

Hello guys, we had a break even trade.we lose on the sell, but won the long. Let's keep it up. I am glad we have protection even we were wrong on one trade.

now, if you look closely, our sell trigger line serve as support, if we bought there it would've been perfect. I am currently working on improving this strategy. I want to define a pre-determined direct, and trade that direction using one of the trigger as suppor/resistance to enter the trade like what we had this time. But i'm sure it will take some time. Will keep you all posted once I find a way.

For now, please wait for tonight's entries.

LP

OK, so while I'm working on the improvement, let's get today's entries posted. Dont forget your stops.




LP

Ok traders, my trade got stopped out, Again our buy and sell trigger really serve as important level for support/resistance based on our observation.

I'm trying to implement this into my fib approach. Like I mentioned, until I accomplish that task, for now i will continue to post entries. If you are paper trading, do not forget to set your stop.

Cheers.

LP

Hello traders,

rmb stop loss.




LP

Hello guys, off the topic, i'm currently short E/U, target 1.34812. At that point, I expect market to go up again.

as mentioned in my previous post, E/U is in down swing right now based on monthly cycle. But price has entered into the upswing time zone few days ago.

now this doesn't mean that the price will go up once it steps into the buy swing time zone as we also require price to reach up too.

Now, I highly expect that price should start going back up at my target level.

For our daily entries. We had a break-even trade again. Like I said. I will try to put it into my monthly cycle trading as again, you can see how my calculated level just become important support/resistance every time. I mean EVERY SINGLE TIME.

Please be patient. i will not let this thread die. But please give me some time to improve the approaches further.

LP

Traders, here you go...




LP

Hi all again,

you can trade like b4 if you want with today's entries. for myself, I am going to combine the two approaches I trade. I am currently short on E/U, so I have set a sell limit at 1.3594 which is our buy trigger for today. I set it few pips below that because we need to take spread into account as well.

Soon I will share with you my swing trading approach. Please stay tune.

Again, my ultimate goal is everyone can benefit from this and everyone makes money, I only look at numbers, if we make money or money, i will not wast your time and mine trying to tell you something that is useless.

Remember, make money or not making money, very simple.

By now, I hope you guys had the chance to explore my trendline gravity approach and made some profits. DO NOT IGNORE IT, IT IS A VERY POWERFUL TOOL, just try keep drawing it back into the past price action. you will be amazed, I no longer use this because I have a full time job, and I cannot look at my screen all the time. So do not ignore this, for your own good!!

LP

Alrighty, congrats to those who take their profit at our target level.

I am happy too, because I added 5 more lots to sell at our level.

Good day.

LP