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trend catching with NonLagDot indicator

  • #1,421
  • Jan 21, 2016 2:06am Jan 21, 2016 2:06am
the one took EU should pend order for EJ .
  • #1,422
  • Jan 21, 2016 2:07am Jan 21, 2016 2:07am
Quoting Lebaneese
​UJ was today Hero. {image}
This wasn't a new trend though? This looks like a continuation of a down trend?
  • #1,423
  • Jan 21, 2016 2:09am Jan 21, 2016 2:09am
EJ and GJ triggered you should be in.
  • #1,424
  • Jan 21, 2016 2:12am Jan 21, 2016 2:12am
Quoting Lebaneese
the one took EU should pend order for EJ .
I'm out of EURUSD. I put BE and it's closed yet. I'm now in buy EURJPY, and I have a sell pending order in USDCAD.


toni
  • #1,425
  • Jan 21, 2016 2:12am Jan 21, 2016 2:12am
EURAUD and GBPAUD preparing for a very soon to come huge move for a couple of hundred pips.
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  • #1,426
  • Jan 21, 2016 2:16am Jan 21, 2016 2:16am
Quoting forexdaist
{quote} I'm out of EURUSD. I put BE and it's closed yet. I'm now in buy EURJPY, and I have a sell pending order in USDCAD. toni
​MM part like always up to each trader decision. but basket should be open as it is, u will loose balance if you close some , just take care. are you sure that EJ direction is right ?
answer : no one knows anything we trade what we see.
  • #1,427
  • Jan 21, 2016 2:18am Jan 21, 2016 2:18am
Quoting Lebaneese
EJ and GJ triggered you should be in.
I thought that setup is like :

2 dots of either blue of red -> then retrace candle(signal candle) -> Break of signal candle by new candle(trade candle)
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  • #1,428
  • Jan 21, 2016 2:21am Jan 21, 2016 2:21am
Quoting Lebaneese
{quote} ​MM part like always up to each trader decision. but basket should be open as it is, u will loose balance if you close some , just take care. are you sure that EJ direction is right ? answer : no one knows anything we trade what we see.
You are right abolutly. But it's not make sense for me to have open correlated pairs in inversed direction. Sell EU and buy EJ, it's rare. Maybe it's just I have to change my way of see the market.

This is why I have more practice to do before go live....


thank you Lebanesse
toni
  • #1,429
  • Jan 21, 2016 2:24am Jan 21, 2016 2:24am
Quoting Lebaneese
{quote} ​MM part like always up to each trader decision. but basket should be open as it is, u will loose balance if you close some , just take care. are you sure that EJ direction is right ? answer : no one knows anything we trade what we see.
Also, the more difficult part to me it's about MM and manage of BE and SL. We are here to learn. I want to learn.


thanks
toni
  • #1,430
  • Jan 21, 2016 2:27am Jan 21, 2016 2:27am
Quoting dan55
{quote} I thought that setup is like : 2 dots of either blue of red -> then retrace candle(signal candle) -> Break of signal candle by new candle(trade candle) {image}
​We never count the dots and didn't mention that in all thread I really don't know from where u got that idea.
  • #1,431
  • Jan 21, 2016 2:31am Jan 21, 2016 2:31am
Lebanese, is USDCAD valid sell?
  • #1,432
  • Jan 21, 2016 2:35am Jan 21, 2016 2:35am
Quoting mario777
Lebanese, is USDCAD valid sell?
​No
  • #1,433
  • Jan 21, 2016 2:37am Jan 21, 2016 2:37am
Quoting Lebaneese
{quote} ​We never count the dots and didn't mention that in all thread I really don't know from where u got that idea.
I got the idea from post#30.

"...Thank you Indrek , you can set that at settings with non-repainting setting, and even if repaint we are not trading the color of dot we are trading direction of the dot color so to get a good set up we need at least 2 candles plus break of the candle that's mean 3 candles and repainting don't affect us at all. "

Thanks for correcting my understanding.
  • #1,434
  • Jan 21, 2016 2:39am Jan 21, 2016 2:39am
Hi guys,

My charts. I'm trying to use fibonacci for my targets. Think i'll try 1.272 levels for now. Once more analysis, I may move to 1.618. Once my balance hits 10$, I'll close everything off
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  • #1,435
  • Jan 21, 2016 2:40am Jan 21, 2016 2:40am
AN
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  • #1,436
  • Jan 21, 2016 2:41am Jan 21, 2016 2:41am
EJ.

My balance has gone down by half in 1 minute haha. its ok, I'll keep on holding!
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  • #1,437
  • Jan 21, 2016 2:42am Jan 21, 2016 2:42am
Quoting Lebaneese
{quote} ​No
Wh?? Im in sell trade.
  • #1,438
  • Jan 21, 2016 2:42am Jan 21, 2016 2:42am
AJ

Tried the 15 min time frame for this one and made my SL shorter.
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  • #1,439
  • Jan 21, 2016 2:44am Jan 21, 2016 2:44am
Quoting dan55
{quote} I got the idea from post#30. "...Thank you Indrek , you can set that at settings with non-repainting setting, and even if repaint we are not trading the color of dot we are trading direction of the dot color so to get a good set up we need at least 2 candles plus break of the candle that's mean 3 candles and repainting don't affect us at all. " Thanks for correcting my understanding.
​Dane we was talking if the indicator repaint. forget it .
  • #1,440
  • Jan 21, 2016 2:45am Jan 21, 2016 2:45am
NU order

I think long term this may be a down trend. On day chart, I see a huge M completing.
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