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trend catching with NonLagDot indicator

  • #841
  • Jan 14, 2016 3:11am Jan 14, 2016 3:11am
Quoting fxtrader29ca
{quote} I really like how we are working through these setups in realtime. Thanks smoothtrader.
Of course real-time to us is the middle of the night when most sane people are sound asleep. The things we do.

GREEN pips to you.
  • #842
  • Jan 14, 2016 3:16am Jan 14, 2016 3:16am
I am in the NY Timezone!
Know your edge and trade within it
  • #843
  • Jan 14, 2016 3:36am Jan 14, 2016 3:36am
A few setups appeared on my charts after the last bar closed: Pending short A/J, Pending longs G/J & U/J.

Definitely have one eye on the stock futures too (www<DOT>finviz<DOT>com/FUTURES<DOT>ASHX) for any sign of weakness.

GREEN pips.
  • #844
  • Jan 14, 2016 3:55am Jan 14, 2016 3:55am
Quoting SmoothTrader
A few setups appeared on my charts after the last bar closed: Pending short A/J, Pending longs G/J & U/J. Definitely have one eye on the stock futures too (www<DOT>finviz<DOT>com/FUTURES<DOT>ASHX) for any sign of weakness. GREEN pips.
On the 4H, the UJ is just retracing somewhat in its downtrend - no concern?
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  • #845
  • Jan 14, 2016 4:04am Jan 14, 2016 4:04am
Quoting Go5
{quote} On the 4H, the UJ is just retracing somewhat in its downtrend - no concern? {image}
That's why I have my eye on the stock futures. If they begin to breakdown, then UJ will continue down. For now the lower TF's have valid setups available.

GREEN pips to you Good Sir.

ps Are you trading the 4 H tf or just using it as conformation??
  • #846
  • Jan 14, 2016 4:08am Jan 14, 2016 4:08am
Today my experiment is M1 chart trading. I am not a fan of low TF and usually dont even think about trading lower than H1. But today I think "What a hell, just try it". And result was pretty well, you know! Fast enter, tight SL and average RR about 1:2, exit when SL or TP hit, or when have an opposite signal. Just one minus: low TF is really psychologically hard to trade.
Now my results is:
4H TF - works well, but often there is really large SL, not for small deposits
M30-1H - much better for small depo traders, this is preferred TF I think
M1 - interesting, but need more tests
I am gonna continue my tests and keep you informed about my thoughts if you wish so.
  • #847
  • Jan 14, 2016 4:09am Jan 14, 2016 4:09am
Hi fellow traders,

I have a doubt. Is it this setup valid? As far as Lebanesse said he never enter when the trend movement it's extended I don't know if it's EN that case.

Attached Image (click to enlarge)
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any comments wellcome
thank you


TONI
  • #848
  • Jan 14, 2016 4:20am Jan 14, 2016 4:20am
Quoting forexdaist
Hi fellow traders, I have a doubt. Is it this setup valid? As far as Lebanesse said he never enter when the trend movement it's extended I don't know if it's EN that case. {image} any comments wellcome thank you TONI
It definitely fits the definition of extended, but it is also an extremely volatile pair and can move a great deal in a small amount of time. The classic placement of the Stop Loss would be below where the move began which is in itself a great deal of risk. This is one case that if you were to take the setup you should reduce your position size.

Just my two cents.

GREEN pips to yoy Good Sir,
  • #849
  • Jan 14, 2016 4:34am Jan 14, 2016 4:34am
Hi all today we had a nice case similar to yesterday, at morning GU and EJ triggered, both first moved well to our direction, later GU change direction and EJ moved perfect up. In such case yesterday I told you to move stop loss to BE specially when we have 2 orders and both was in plus. So if we did that today GU would be closed at 0 and EJ is in nice big plus. So that what we call MM. We cant keep both trades open in plus without making any move.
  • #850
  • Jan 14, 2016 4:36am Jan 14, 2016 4:36am
Quoting forexdaist
Hi fellow traders, I have a doubt. Is it this setup valid? As far as Lebanesse said he never enter when the trend movement it's extended I don't know if it's EN that case. {image} any comments wellcome thank you TONI
​Forexdaist we always search fresh trend , in such case even if it was a win trade you shouldn't take it or at least I wouldn't take it .
  • #851
  • Jan 14, 2016 4:38am Jan 14, 2016 4:38am
Quoting Lebaneese
GU and EJ gave signals {image} {image}


Hi Lebanese, thank you for this great strategy, please share this ATR indicator.

Regards
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  • #852
  • Jan 14, 2016 4:39am Jan 14, 2016 4:39am
AJ this is a good set up to my mind.
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  • #853
  • Jan 14, 2016 4:40am Jan 14, 2016 4:40am
UJ could be in future also good set up if it don't move much down.
  • #854
  • Jan 14, 2016 4:43am Jan 14, 2016 4:43am
Quoting Aromos
{quote} Hi Lebanese, thank you for this great strategy, please share this ATR indicator. Regards {image}
​Do u know why and how to use it ?
Attached File(s)
File Type: mq4 ATR in Pips.mq4   2 KB | 427 downloads
  • #855
  • Jan 14, 2016 4:45am Jan 14, 2016 4:45am
Definitely EJ was the trade of the day.
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  • #856
  • Jan 14, 2016 4:46am Jan 14, 2016 4:46am
Quoting Lebaneese
AJ this is a good set up to my mind. {image}
Yesss! This one I took it. Let's see how it goes. At the present moment my basket is 55 point up. I'm trying to get 100.

One more question though, do you place BE individually when a pair get X pips or do you do for the global of the basket?



thank you sir
TONI
  • #857
  • Jan 14, 2016 4:48am Jan 14, 2016 4:48am
Quoting forexdaist
{quote} Yesss! This one I took it. Let's see how it goes. At the present moment my basket is 55 point up. I'm trying to get 100. One more question though, do you place BE individually when a pair get X pips or do you do for the global of the basket? thank you sir TONI
if all my positions are plus why not moving SL to BE , I would be stupid if I don't do that , should I wait until it reverse. Plus if all hit BE at least one will move good for sure.
  • #858
  • Jan 14, 2016 4:49am Jan 14, 2016 4:49am
But remember if some of my basket are in plus other in minus I wouldn't touch anything. I keep it open as it is.
  • #859
  • Jan 14, 2016 5:06am Jan 14, 2016 5:06am
Quoting Lebaneese
AJ this is a good set up to my mind. {image}
Hi Master Lebaneese,
Want to ask AUDUSD is already hit to btm, will you still open trade?
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  • #860
  • Jan 14, 2016 5:16am Jan 14, 2016 5:16am
Quoting Lebaneese
But remember if some of my basket are in plus other in minus I wouldn't touch anything. I keep it open as it is.
just try basket,in 2 hours got filled 100 pips,great.Lebaneese can I trade this this way - when start trading 3 hours after US open because usualy I work and cant trade earlyer and cant trade?
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