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Lilmoe's Trading System and Analysis

author EAcpu | 4 reads | 0 comments |
Hello traders,

About a month late, but I posted a full detailed explanation of my system here. Sorry it took so long. But I want to make sure I've tested everything simply and completely.

I've never written these rules down on a piece of paper, I've spent the last 6 months hardcoding them in my brain and spreading them around auslanco's threads. I may have missed some small points/rules, if there are any I will add them to the ruleset from the previous 6 articles or add a new article containing that rule.

My system is divided into two parts.

1) Intraday and short-term fluctuations.
2) Bottom and top selection (my version is buy the dips and sell the highs).

Things to note:

  1. Please read the first 6 articles before asking any questions.
  2. This thread is intended to discuss my system. Analyzes from other systems or strategies are also welcome.
  3. The first part of my system was heavily adapted from Oslanco's system, with contributions from other Oslanco's threads
  4. I mainly contribute to Oslanco's thread, but I will post here regularly.
  5. If for any reason you think this system is useless, feel free not to use it.
  6. Constructive criticism is most welcome. Conversely, destructive criticism is unwelcome.
  7. I assume the trader has a good basic understanding of technical analysis and MM techniques
  8. I also assume that the trader has fully read and understood everything provided in babypips.com regarding technical analysis.
  9. Also, I'm assuming you've read the first 3 pages of Oslanco's system

Please feel free to ask any questions about my implementation and trading style. I will try my best to answer all questions and requests in my free time.

This thread is not intended to be like Oslanco's so if you are more interested in live calls from different traders, pay more attention to his thread as many traders post their live calls and analysis there. However, if you have questions about current market signals using my strategy, please feel free to post what you want.

abbreviation.

GJ: British Pound/Japanese Yen
YM: Dow Jones E-mini futures.
MM: Money management.
RR: Risk reward.
SL: Stop loss.
TP: Take profits.
B/E: Break even.

TF: time frame
TL: trend line
UTL: upper trend line
LTL: lower trend line
S/R: support/resistance level.
Fib or Fibo: Fibonacci levels
FE: Fibonacci Extension

DP or DPP: Daily Pivot Point.
DR1: Daily Resistance 1
DR2: Daily Resistance 2
DR3: Daily Resistance 3
DS1: Daily Support 1
DS2: Daily Support 2
DS3: Daily Support 3

CD: Classic Divergence
HD: Hidden Differences
PA: Price Action
div: divergence
CCI: Commodity Channel Index Gann: Gann Hilo Activator
50ema: Exponential moving average (closing) period 50.

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