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trend catching with NonLagDot indicator

  • #3,261
  • Mar 17, 2016 12:19am Mar 17, 2016 12:19am
EN sell pending order.
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  • #3,262
  • Mar 17, 2016 12:22am Mar 17, 2016 12:22am
A/N
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  • #3,263
  • Mar 17, 2016 12:24am Mar 17, 2016 12:24am
Coincidence? Perhaps.... Funny though, these coincidences happen all the time.
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  • #3,264
  • Mar 17, 2016 12:36am Mar 17, 2016 12:36am
Quoting mrhigurashi
{quote} Thats good. Do you trade full time? I think there are many methods that can work but its best to choose one that you are confident in. My TP targets for example may be a little courageous for some as they can be far away at times. Even sometimes i am in disbelief with the profits LOL. But for new traders the best thing after a good strategy is confidence. It is very common for traders to win 80% or more of trades but still end up with a loss because when they are in profit and price turns they quickly close the trade. only to see the price...
Thank you. Trading and studying charts almost every day.

I like to use Lebaneese Nonlagdot in combination. I have notice that sometimes the dot appears before I was paying attention, so it alerts me!
  • #3,265
  • Mar 17, 2016 12:45am Mar 17, 2016 12:45am
Quoting pipcat
A/N {image}
​nice signal , I like it , very fresh trend and good potential.
  • #3,266
  • Mar 17, 2016 12:50am Mar 17, 2016 12:50am
Quoting mrhigurashi
Coincidence? Perhaps.... Funny though, these coincidences happen all the time. {image}
Happens continually.

Also there are always some points (areas) where mayor action always happens. It could be the pair turning around or moving aggressively through the area. That's the main reason I like to be in front of my computer when I have an open trading.
  • #3,267
  • Mar 17, 2016 1:01am Mar 17, 2016 1:01am
Quoting suefx
{quote} Happens continually. Also there are always some points (areas) where mayor action always happens. It could be the pair turning around or moving aggressively through the area. That's the main reason I like to be in front of my computer when I have an open trading.
Exactly. This is why i use daily open prices.

A lot of traders try to make things fit to the chart such as trend lines etc... Its better just to use what is right in front of you. Sometimes the signals are screaming at you! LOL No point looking for something thats not there.
  • #3,268
  • Mar 17, 2016 1:16am Mar 17, 2016 1:16am
took a part of AN , will support pipcat .
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  • #3,269
  • Mar 17, 2016 1:23am Mar 17, 2016 1:23am
Quoting mrhigurashi
{quote} Exactly. This is why i use daily open prices. A lot of traders try to make things fit to the chart such as trend lines etc... Its better just to use what is right in front of you. Sometimes the signals are screaming at you! LOL No point looking for something thats not there.
Hi Mr. nice to share what you obseve.. how you make the daily open as horizontal lines cut across the screen? you draw manually?
  • #3,270
  • Mar 17, 2016 1:25am Mar 17, 2016 1:25am
Quoting happytrade38
{quote} Hi Mr. nice to share what you obseve.. how you make the daily open as horizontal lines cut across the screen? you draw manually?
I use an indicator that draw for that day then yes, i draw the lines manually so i can see them on other days.
  • #3,271
  • Edited 1:59am Mar 17, 2016 1:58am | Edited 1:59am
Hi Lebanese,
Thanks for your continued support of the thread. I believe this is the right way to maintain a thread and not digress it's original aim. I have learned a lot from the many that post slightly different variations but maintained the core of the concept. I am now trying to embark in the same journey and am trying my maiden trade here.

Please advise, if the entry or idea is incorrect. I am looking for direction from the price in relation to the daily pivot. If price is above daily pivot I look to buy and if below, I look to sell. Everything else is as per Lebanese rules. I am still trying to figure a proper TP as I am not trying to trade as per basket.
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  • #3,272
  • Mar 17, 2016 2:07am Mar 17, 2016 2:07am
Today seem is another good day.. hopefully the trend continue.. green pips to everyone.
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  • #3,273
  • Mar 17, 2016 2:09am Mar 17, 2016 2:09am
Quoting gyfu
Please advise, if the entry or idea is incorrect. {image}
I also took this trade. Just moved my SL to break even.
  • #3,274
  • Mar 17, 2016 2:29am Mar 17, 2016 2:29am
Quoting pipcat
{quote} I also took this trade. Just moved my SL to break even.
hi pipcat,
How fast do you move your SL to break even?
  • #3,275
  • Mar 17, 2016 2:40am Mar 17, 2016 2:40am
Quoting gyfu
{quote} hi pipcat, How fast do you move your SL to break even?
It's my own personal preference, I usually set an alert for 15 pips and then move SL to BE. After 15 more, I put on a trailing stop. It may limit my profit on a trade, but it gives me peace of mind and I don't have to watch the trade after that.
  • #3,276
  • Mar 17, 2016 3:04am Mar 17, 2016 3:04am
G/U just hit entry.
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  • #3,277
  • Mar 17, 2016 3:38am Mar 17, 2016 3:38am
too many signals today , so fast basket filled today
  • #3,278
  • Mar 17, 2016 3:40am Mar 17, 2016 3:40am
Quoting Lebaneese
too many signals today , so fast basket filled today
Today is very good day but I have problem with closing positions I don't know when,where and why
  • #3,279
  • Mar 17, 2016 3:42am Mar 17, 2016 3:42am
Quoting Lebaneese
too many signals today , so fast basket filled today
Hi Lebanese, what is a realistic basket target? 5% of your account balance? or do you by number of total pips?
  • #3,280
  • Mar 17, 2016 3:42am Mar 17, 2016 3:42am
Quoting Lebaneese
too many signals today , so fast basket filled today


Really big Tues and Wed so im observing today. Although i did take a couple of set ups that where just yelling at me...
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