Low Profile Trading Community

ok, Guys, even better now. I really hope you enjoyed the ride. Rmb, according to my monthly cycle aproach, E/U is in potential buy zone now because it has entered our buy time zone, we expect it goes up after hitting the monthly cycle target.

cheers

LP

Hi LP

Congrats on your developing trading system, it seems to be a work in progress. Can you explain more on your 'time zones' and how you derive your 'monthly cycles'. We are only 9 days into the current month, so price has hit is target already?

Also are monthly cycles based on calendar months or cycles of 30/31 days, so a cycle could be from 9th Dec - 9th Jan

Thanks
Koh

Koh, first of all, thanks for you continuous support in this thread. because I feel talking to myself most of the time.

1. this is not a work in progress, I've been making money on these 2 method for over a year now. But to all traders including myself. I always find something new and alway have the initiative to improve our strategy, so this may be the reason why you think it's a WIP. The reason I created this thread because I want everyone to make money. that's my ultimate goal. But I do not get the reason why so many views but only so few replies/input. Maybe not many people really interested.

2. Time zone. yes, i can explain that in details. Koh, if you look back in history. you can draw vertical line at every significant peak/tough. and what you will find is. each month, there would be different achievement, either peak/trough. now, if you have enough data, i mean 10 or more. then you can simply forward those into current month and find possible turning time zone. example: Jan is up swing month, it takes roughly 15days for it to reach top in Feb, so Feb is a down swing month. etc... once you gather 10 months. u find the medians, remember, it's medians, not median, what i mean is: u pick 4 to 5 time span that happenned most frequent. jan to feb 15 days, feb to mar 10 days, mar to apr 20 days, apr to may 15 days. in this mini example, 15 appears most, so i pick this, u need 3 more for the 10 month period to derive few time zones.

3. now, do not think how many days u r in the month, i've seen price makes its top/bottom the first day entering into new month, and continue in same direction until next month and form another top/bottom, the thing is, if u look back, every single month will make its own achievement either top/bottom.

4.yes, they are based on calender months. nothing magic here. no astrological influences. do not complicate things. but u r right at last part, the cycle must be from one month to another.

to all, nothing is magic here. BUT THERE IS ONE IMPORTANT POINT: i discovered this not by luck, but i kept myself open minded, and i just think: we do same things over and over everyday at slightly different time, banks do the same, government do the same, that's why we dont have same price reaction, but we have similar, the gap is due to the fact that we do things at around same time every day, week, month, year, but not the exact time. that's why u have to look at the market like a big clock. but things will change by quite a bit if everyone on this planet delay one sec to perform his usual task.

Everyone wants to know to quick trick, there is only one, which to learn from basic. The bollinger band effect, only one person reponded. the GRAVITY method, no one replied at all. i doubt if this thread is interesting at all. I hope it still is.

One last thing, we gather on this forum because we all want to make money, i will not talk about mentality or money management. all i tell you is how much money you can possibly make by applying a legit approach. let's talk about only the NUMBERS guys. only number is the fact, the rest is based on your discretion. When i work in my full time job. i give my boss performance, numbers, in trading, we need to do the same.

if you really make money on whatever method u r using, it's allways good to donate some money to charity, for me, i support education the most, because knowledge is the key to change everything, including your life.

LP

Here you go guys....




LP

Here you go everyone.

Cheers!!




LP

Good evening traders.

I think many of you might thought this thread is dead and i disappeared.

sorry everyone, I was actually taking my time to prepare you with first longer term trading, swing trade based on fibonacci.

before I post them, i am posting our daily trading idea as usual.

This is the fist time i am combining the two together, let's see how it works out....




LP

i am going to explain how to interpret the fib chart now.

blue line is buy trigger, red is sell.

white lines above blue trigger are target 1, 2, 3, 4

stop loss, blue trigger is stop loss if sell trigger, red trigger line is stop loss if buy trigger.

vice versa for sell target.

please note that based on my calculation, 2 energy points that are critical, one is 1.38 and the other one is 1.36

observation, if you look closely, we have our usual trade sell trigger at 1.3651 and our sell trigger on fib at 1.36498. 2 pips away, i look at this as confluence.

one more thing, as we are closer to 1.36, the break to 1.36 is having higher probability than the breaking 1.38.


lp

hi all,

Target 1 reached. congrats!!!

if you want to cash out, u can.

for me, as i mentioned in previous post, i set it to my monthly cycle target, it has not reached my target, so i will hold on to it.

cheers.

LP

Rmb, in this trade, we have 2 energy points, they are 1.38 and 1.36.

now price is testing 1.36, once it breaks it. we are pretty much free.

LP

I exited my trade due to the fact that price is struggling at 1.36 level.

I am looking to long soon.

will keep you posted.


LP

ok, i'm back on track, re-initiate new short, target 1.34793.

we'll expect an immediate buy at around that level, will keep u posted.

LP

60 pips till it hit our target.

I have 2 signals ready now. NZD/USD and NZD/JPY. will let you know the details once market opens.

LP

Hi Low Profile,

I must say that your thread is extremely impressive, the method you use, while appearing simple at first glance clearly has significant depth.

However, I notice that most of the time you just give signals and entries, that is just like following a system, is it possible for you to perhaps share how you calculate your entries, and also shed some light on the b.bands quiz you put up.

Finally, a stop loss of 1:1, is a little risky, I know the trades are high probability, but a few losing streaks at once and you could be in serious trouble(money wise) could you share some of your money management methods applicable to the trade.

Thanks

Hello Abi,

Thanks a lot for your input. I can tell that you are really into it and look at every call that i made for the community. I appreciate it.

The reason I am giving entries most of the time is because I want everyone to make money first while I share my knowledge with all of you.

I tried to start from the basics and then get into the advanced levels, but seems to me no one is interested. So I am kind of giving up on that for now and to achieve my goal: to help everyone make money.

The b band idea was a very small part of my trading routine. you can pick a screen shot that shows contraction, and an upper time frame action, you can pretty much tell where the market is headed next. when a contraction happended, there is already pre-determined direction built-in, you just need to check higher timeframe to see. but this does not mean higher timefram is always right, because small timeframes are the one who changes the trend, not the higher TF. which many ppl confused about it.

Stop loss of 1:1 is mechanical yes, Personally I move my stop loss as the dynamic change, but since I have a full time job, i really do not have time to let you guys know, so I advised the mechanical stops.


LP

Abi, if you look back I also shared my other method of trading with the community. See pic below, you know why i will have a call when market open tmr.

Can you tell me what you think the market will do based on this finding?




LP

Sorry guys,

tmr we'll have 3 setups not two. I just found another one.


LP

Ok everyone,

GBP/NZD SELL at market price stop: 2.003

NZD/USD BUY at market stop: 0.81999

NZD/JPY buy at market stop: 85.518

will share target later

LP

here i am again.

AUD/CAD buy. stop loss 0.95867



I will give take profit for all of these trades when my analysis is finished. do not worry, we are swing trading. we are aiming for big swings.


LP

Hi,

I see E/U breaking below short term support, I think it would short term sell with TP at 2 Jan lows and Stop at previous swing high. However, I think the market is going to break upwards (judging by the candlesticks) PA seems to show that the bears are getting tired.

I agree with you Abi. But E/U is in a correction now, not this case if it can now initiate an up trend. but for me, it's a bit too early to detect at the moment.

So i took a look at the other pais.

Summary for yesterdat's 4 trades:

NZD/JPY stopped out. this is good. we plan our trade and trade our plan.

The other trades are in profit now. +62 pips. good job guy for those who catch the boat. I am giving out targets now.

NZD/USD: target: 0.838

GBP/NZD: target: 1.952

aud/CAD: target: 0.978

These are very important level based on the calculation from fibonacci sequence. it doesn't mean these are final, they only mean the most significant level when prices goes on to our direction. once these levels are break, the price is pretty much free to further. But I am conservative person. I will close them all at those levels. Because I trade all pairs, there are always trades, why risk it if I don't know what will happen next?

Maybe one day I will know by studying more on this, but at this moment, I dont know.

Later, once our trades get into teenager period, I will give our our trailing stop, this is a one time trailing stop. that means in a larger picture, we need to find another significant fib level that is acting as a bigger clock than the one we are in.

cheers.


LP