trend catching with NonLagDot indicator

Quoting kalawe

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{quote} So we cannot OP if against the trend ?? (trend criteria Which is, price must be above or below the 20 EMA on daily and also above or below the 40 EMA on 4 hour chart )

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Quoting Erebus

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{quote} Brave man to fight that trend, with all the volatility, I reckon just find the direction on Daily & 4 Hour charts Patiently wait for the retracement and trend continuation on the 30 minutes chart I'm not saying you can't trade counter trend, if that works for you or anyone reading this, that's great I got 2% from this pair in Asian session, see the chart {image} {image} {image}

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Quoting mario777

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{quote} Yes it would be good if Lebanese post his chart so we can see what he meant. Thanks!

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Quoting Erebus

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{quote} Brave man to fight that trend, with all the volatility, I reckon just find the direction on Daily & 4 Hour charts Patiently wait for the retracement and trend continuation on the 30 minutes chart I'm not saying you can't trade counter trend, if that works for you or anyone reading this, that's great I got 2% from this pair in Asian session, see the chart {image} {image} {image}

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Quoting Lebaneese

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{quote} this is UC chart {image}

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Quoting istvan

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EURAUD and GBPAUD preparing for a very soon to come huge move for a couple of hundred pips. {image} {image}

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Quoting Erebus

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{quote} You can do whatever you like buddy, as long as it works for YOU I trade what works for me, and I was just sharing my experience

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Quoting Erebus

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{quote} As they mention many times, today was the perfect storm for Asian session entry, I took every pair as they all met my extra trend criteria Which is, price must be above or below the 20 EMA on daily and also above or below the 40 EMA on 4 hour chart That is to say, price must be in a trend on those charts, the retracement on 30 minutes is the signal 4 pairs hit my 2% target and I closed out the rest when they didn't seem to carry on This is on live account, all the best and many thanks! {image} {image}

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Quoting Lebaneese

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{quote} this is UC chart {image}

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Quoting Erebus

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{quote} As they mention many times, today was the perfect storm for Asian session entry, I took every pair as they all met my extra trend criteria Which is, price must be above or below the 20 EMA on daily and also above or below the 40 EMA on 4 hour chart That is to say, price must be in a trend on those charts, the retracement on 30 minutes is the signal 4 pairs hit my 2% target and I closed out the rest when they didn't seem to carry on This is on live account, all the best and many thanks! {image} {image}

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Quoting Lebaneese

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{quote} thank you Erebus for sharing us your experience, but can I know your entries based on what ? I see some different entries.

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Quoting Erebus

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{quote} All entries based on the Non Lag Dot on 30 minutes chart Now, when trying to enter on 12 charts at the same time and price is jumping around, getting away on me, yes perhaps you will see different entries, but as this was a basket of 12, and the signals were in the right (my trend) direction So in the end it didn't really matter if it is an exact entry eg. small retracement or breakout of the 2nd color change does it? Thanks for a great method to read the Price Action

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Quoting pabuuu

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{quote} would be good to have an indi that allows us to put the 20 and 40 EMA on the 30min chart with their daily and 4h values

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Quoting kosmo

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{quote} updated, pending trailed up by 5 pips {image}

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Quoting failedbid

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hey lebaneese, usfchf gives some decent signals just like any other currency pair. You did not add any CHF pair to your 12 pair basket. Is there a specific reason?

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