Hi Miho, NJ had a good short setup, in my opinion. If you look at its Friday's price action, you can see how it tried and failed to break the Daily Pivot (DP) from below, during the Asian session. Then it tried to approach the DP again during ...

trend catching with NonLagDot indicator

Thank you

trend catching with NonLagDot indicator

The thread's very quiet today. I can only assume that's because everyone's been busy making money. A generous day. The USD data came out mixed, but it certainly didn't limit the opportunities. JPY pairs had some nice runs and weak AUD gave a ...

trend catching with NonLagDot indicator

Not an easy day for me; trying to rush the trades never ends well. Still, I managed to eventually hop on the right train, recover the losses and reach the target. Green pips @all.

trend catching with NonLagDot indicator

Elios, the only opinion you should trust is your own. It is absolutely natural that our views on the market may differ. As for pivots and round numbers - generally speaking, they help me see the structure of the intraday price action and work very ...

trend catching with NonLagDot indicator

If it was my intention to mention the H4 trend, I most certainly would. For me it is a marginal consideration, though.

trend catching with NonLagDot indicator

Elios, the simplest answer is - I don't know for sure; nobody does. That's what stop losses are for. My job is to gauge and enhance probabilities, so if a day has already moved in one direction, I would look to join the prevailing move at a ...

trend catching with NonLagDot indicator

Lebaneese, I simply trailed the pending short from under the preceding bullish candle's low. You can see in the list of my today's trades posted above that CJ triggered 30 min. later than the other trades. Besides, I don't really care whether a ...

trend catching with NonLagDot indicator

4 handpicked trades today, all closed in profit, all are a good example of jumping back on the daily trend train after a pullback. Target reached in less than an hour, with minimal DD. Can't complain. Green Pips @all.

trend catching with NonLagDot indicator

Looking good Welcome to FF, Max.

trend catching with NonLagDot indicator

What do you mean by 'still'? That's my bread and butter!

trend catching with NonLagDot indicator

Today's trades. The theme at the moment of entry was weak CAD (falling oil price) as well as weak USD. Was targeting respective daily pivots on AJ, NJ and CJ; minimum 121.00 on UJ. Worked out well, except for the stubborn NJ (-2). UJ chart in the ...

trend catching with NonLagDot indicator

Hi oneffone, yes, pending orders placed manually.

trend catching with NonLagDot indicator

Elios, Thank you for your understanding and welcome to FF. To answer your question about how I define the daily trend; all I need is one - the current one - daily candle. Why only one? First and foremost I trade price action intraday, meaning that ...

trend catching with NonLagDot indicator

If I had known that I would cause such negative reactions just by being open-minded, I would have kept well away from this thread. Without further ado then, goodbye.

trend catching with NonLagDot indicator

Lebaneese, you might have missed my last post. If so, please see here. You'll notice the charts, entries, exits and the logic behind my approach clearly illustrated there. I appreciate that many traders in this thread are new to trading, but it ...

trend catching with NonLagDot indicator

Feel free to take it or leave it. "you are free to trade as u like" (by Lebaneese here) "It just goes to prove that it [NonLagDot] is a tool, and like many tools can can be used for more than one thing (a hammer can both pound a nail into lumber, ...

trend catching with NonLagDot indicator

Here's what you get when you combine simple market logic (which this system is based on, i.e.: impulse => pullback => continuation), with good timing, price action, daily trend, favourable market sentiment (strong vs. weak currencies) and momentum. ...

trend catching with NonLagDot indicator

As green as your beautiful island. Keep it up!

trend catching with NonLagDot indicator

Partly correct. NLD proved to be a very effective visual aid, complementing my own trading style, but that's as far as it goes. I do pay attention to how it 'flows' before placing an order, but there are other things, such as: current price action, ...

trend catching with NonLagDot indicator