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trend catching with NonLagDot indicator

  • #3,101
  • Mar 15, 2016 12:52am Mar 15, 2016 12:52am
Quoting Lebaneese
{quote} for NU trade as we have a blue dot the order should be canceled. AU is a good signal. CJ your entry was too late . {image}
don't get you why the best entry at daily open? for NU, i put the stop order at the vertical dot green line, i posted here is after few candles.
  • #3,102
  • Mar 15, 2016 1:15am Mar 15, 2016 1:15am
I'd like to inform everyone especially the newbies that Lebanese technique is very effective. I opened a demo acct. last friday starting with 10k US dollars. Following basically Lebanese' technique, my demo acct. increased by 3k USD up to this writing. Just don't know how to place my charts here.
  • #3,103
  • Mar 15, 2016 1:20am Mar 15, 2016 1:20am
Quoting happytrade38
{quote} don't get you why the best entry at daily open? for NU, i put the stop order at the vertical dot green line, i posted here is after few candles.
​when we have a blue dot we cancel previous order . We wit until new set up .
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  • #3,104
  • Mar 15, 2016 1:22am Mar 15, 2016 1:22am
Quoting fxenthusiast
I'd like to inform everyone especially the newbies that Lebanese technique is very effective. I opened a demo acct. last friday starting with 10k US dollars. Following basically Lebanese' technique, my demo acct. increased by 3k USD up to this writing. Just don't know how to place my charts here.
thank you for your testimony , if u respect rules u can make big $$$$$$$$$$$$$$$$$$$$.
just discipline , no jump trading and no overtrading and u will be rich without feeling any doing any effort.
  • #3,105
  • Mar 15, 2016 1:44am Mar 15, 2016 1:44am
Quoting fxenthusiast
I'd like to inform everyone especially the newbies that Lebanese technique is very effective. I opened a demo acct. last friday starting with 10k US dollars. Following basically Lebanese' technique, my demo acct. increased by 3k USD up to this writing. Just don't know how to place my charts here.
Do you trade the original technique or the new technique being tested trading with the 4hr and daily open confirmation?

I think the newbies issue is that they sometimes lack the ability to understand the charts well enough and just take any signal that comes along. I do not basket trade. I treat each trade as an individual and my targets are a little more aggressive then some but as you say the method is very good and stress free.

Ive seen some post on here of charts with this method but also with hundreds of other indicators on them. It is not necessary with this strategy. But if somehow they give you an edge or make them more comfortable then good for them. But this strategy really needs minimal thinking.

By the way, when you comment you should be able t see the "upload from computer" option under the "Post new reply" button.
  • #3,106
  • Mar 15, 2016 3:10am Mar 15, 2016 3:10am
Quoting fxenthusiast
I'd like to inform everyone especially the newbies that Lebanese technique is very effective. I opened a demo acct. last friday starting with 10k US dollars. Following basically Lebanese' technique, my demo acct. increased by 3k USD up to this writing. Just don't know how to place my charts here.
Congrats on the green pips.. mind to share how much you risk per trade?
  • #3,107
  • Mar 15, 2016 3:48am Mar 15, 2016 3:48am
GJ (already TP 50p)
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  • #3,108
  • Mar 15, 2016 3:58am Mar 15, 2016 3:58am
Labaneese what is avarage SL that you use? It is 10-20 pips or more 30-40pips?
  • #3,109
  • Edited 4:14am Mar 15, 2016 4:04am | Edited 4:14am
quite number of entries today.. not trying to spam, so post the screenshot of the entry.
Edit: history of closed entries was - $4.8.. so net net still in profit if close now.
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  • #3,110
  • Mar 15, 2016 4:09am Mar 15, 2016 4:09am
Quoting happytrade38
quite number of entries today.. not trying to spam, so post the screenshot of the entry. {image}
Did you use EA,or just sit front the PC all day?
  • #3,111
  • Mar 15, 2016 4:10am Mar 15, 2016 4:10am
Quoting leescofield
{quote} Did you use EA,or just sit front the PC all day?

I am working while allow me to trade.. will be good if there is EA help on this. hehe
  • #3,112
  • Mar 15, 2016 4:32am Mar 15, 2016 4:32am
GU (TP based on H4 SR)
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  • #3,113
  • Mar 15, 2016 4:36am Mar 15, 2016 4:36am
Quoting happytrade38
{quote} Congrats on the green pips.. mind to share how much you risk per trade?

1 lot, basket of 4 - 6 pairs (out of 12 Lebanese pairs)
  • #3,114
  • Mar 15, 2016 4:41am Mar 15, 2016 4:41am
Quoting Lebaneese
{quote} thank you for your testimony , if u respect rules u can make big $$$$$$$$$$$$$$$$$$$$. just discipline , no jump trading and no overtrading and u will be rich without feeling any doing any effort.
Tnx Lebanese for introducing this strategy. I think I'll be going live trading soon...
  • #3,115
  • Mar 15, 2016 4:46am Mar 15, 2016 4:46am
Quoting fxenthusiast
{quote} 1 lot, basket of 4 - 6 pairs (out of 12 Lebanese pairs)
Mind to share which 6 pairs of it.. hope to learn together for better sucesss
  • #3,116
  • Mar 15, 2016 4:47am Mar 15, 2016 4:47am
Quoting mrhigurashi
{quote} Do you trade the original technique or the new technique being tested trading with the 4hr and daily open confirmation? I think the newbies issue is that they sometimes lack the ability to understand the charts well enough and just take any signal that comes along. I do not basket trade. I treat each trade as an individual and my targets are a little more aggressive then some but as you say the method is very good and stress free. Ive seen some post on here of charts with this method but also with hundreds of other indicators on them. It...
I use the 4hr and daily open confirmation, and the currency strength meter as guide. I basket trade 4 - 5 pairs out of Lebanese 12 pairs. I hope to be consistent on this and planning to live trade soon.
  • #3,117
  • Mar 15, 2016 4:48am Mar 15, 2016 4:48am
Quoting happytrade38
GU (TP based on H4 SR) {image} {image}
what's yours SL and TP
  • #3,118
  • Mar 15, 2016 4:48am Mar 15, 2016 4:48am
Ucad (TP at H4 S/R) thanks to lebaneese
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  • #3,119
  • Mar 15, 2016 4:49am Mar 15, 2016 4:49am
Quoting happytrade38
{quote} Mind to share which 6 pairs of it.. hope to learn together for better sucesss

Mostly yen pairs of Lebanese'...
  • #3,120
  • Mar 15, 2016 4:54am Mar 15, 2016 4:54am
What is the actual entry position? 3 consecutive dots of the same colour?
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