- Search Metals Mine
-
Simple breakout Strategy - Indicator and EA anyone?
Started Apr 24, 2014|Platform Tech|3 replies
Hi guys, I been working on a very simple solid trading system outlined in the chart below. ...
-
LITEchild replied Mar 23, 2014TRADING PLAN FOR WEEK 13(MON 24 MARCH TO FRI 28 MARCH 2014) GBP still remaining surprisingly weak (cheap???).
No point trying to pick tops and bottoms again though. Just need to wait for accumulation(and stop hunting) to phase out. The ...Book of LITE
-
LITEchild replied Mar 23, 2014Currency Strength/Weakness profiling for WEEK 13(Mon 24th March - to - Fri 28th March 2014). STRENGTH PROFILE 1. -AUD 2. -NZD 3. -EUR 4. -USD 5. -CHF 6. -JPY 7. -CAD 8. -GBP (1 = strongest; 8 = weakest).
Book of LITE
-
LITEchild replied Mar 23, 2014Check again. If you are considering relative strength/ weakness profiling with respect to the EIGHT major currencies, then each currency can have the same POSSIBLE amount of maximum and/or minimum strength or weakness reading/digits or in this case, ...
The Lite Chronicles and Discussion
-
LITEchild replied Mar 23, 2014glad its clear now. There are quite a number of different ways to try and calculate these strength/weakness profiles, but the biggest problem I have encountered while experimenting with many of these methods is how RELIABLE are these profiles for ...
The Lite Chronicles and Discussion
-
LITEchild replied Mar 21, 2014Hi Ralph, I have been experimenting with several methods of strength/weakness profiling but finally settled for analysing each currency with respect to the MONTHLY OPEN PRICE of each pair. Just score each currency a ZERO or ONE depending on whether ...
The Lite Chronicles and Discussion
-
LITEchild replied Mar 18, 2014lol. popcorns will have to wait till tomorrow though. all the crazy volatility waiting for FOMC projections/statement/press conference starting from 6pm GMT.
Fugazi - Order Flow hot data
-
LITEchild replied Mar 18, 2014All the juicy liquidity waiting @ 1.3728 and 1.3776 i reckon. wouldnt trust 1.385 much more...

Fugazi - Order Flow hot data
-
LITEchild replied Mar 17, 2014TRADING PLAN FOR WEEK 12(MON 17 MARCH TO FRI 21 MARCH 2014) Strength profile indicates GBP is really cheap to buy right now(except against NZD of course!), and most of its pairings are at good liquidity levels. Coupled with a series of high impact ...
Book of LITE
-
LITEchild replied Mar 17, 2014Currency Strength/Weakness profiling for WEEK 12(Mon 17th March - to - Fri 21st March 2014). STRENGTH PROFILE 1. -NZD 2. -AUD 3. -EUR 4. -CHF 5. -CAD 6. -JPY 7. -USD 8. -GBP (1 = strongest; 8 = weakest).
Book of LITE
-
LITEchild replied Mar 17, 2014WEEK 11 REVIEW Most pairs stuck into liquidity seeking mode, which mostly meant counter-trend setups. These are not as high probability trades as trend trades, but still tradable with experience and proper risk management. Largely an uneventful week ...
Book of LITE
-
LITEchild replied Mar 9, 2014Trading Plan for WEEK 11(Mon 10th March - to - Fri 14th March 2014). Pairing strong pairs against weak pairs mean Ill be trading CHFJPY, CADCHF, USDCHF, GBPJPY, GBPCAD, GBPUSD, NZDJPY, NZDUSD and AUDCAD(my broker doesnt offer NZDCAD).
Book of LITE
-
LITEchild replied Mar 9, 2014Currency Strength/Weakness profiling for WEEK 11(Mon 10th March - to - Fri 14th March 2014). STRENGTH PROFILE 1. -CHF 2. -NZD 3. -GBP 4. -AUD 5. -EUR 6. -USD 7. -CAD 8. -JPY (1 = strongest; 8 = weakest).
Book of LITE
-
LITEchild replied Mar 9, 2014Current algo for profiling strength/weakness working a treat, while Rate of Change profiling not so much, so Im just gonna dump that and stick strictly with strength/weakness in collaboration with volume caliberated liquidity levels/zones for ...
Book of LITE
-
LITEchild replied Mar 9, 2014WEEK 10 TRADE REVIEWS What a week! Mind boggling rallies all over the charts! My strength profiles and volume caliberated liquidity levels working out perfectly so far. Didnt have a single losing trade and hit about 50% increase in account balance, ...
Book of LITE
-
LITEchild replied Mar 9, 2014I still have so much to learn about surviving LONGTERM...but I am realising more and more, everyday the biggest secret of all, is this.... NANNINGBOB says it better... When I learned to trade small and keep my losses down to where I never had my ...
The Lite Chronicles and Discussion
-
LITEchild replied Mar 9, 2014absolutely correct. Its called trading for a reason. Buy when its cheap, sell when its expensive. Those liquidity spots/levels help you know which is which. The rest is proper risk management. Without that, all the liquidity spots/levels in the ...
Day Trading vs Long Term Investing
-
LITEchild replied Mar 3, 2014GBPUSD, NZDJPY and EURJPY also added to my short-list for the week.
Book of LITE
-
LITEchild replied Mar 3, 2014TRADE PLAN FOR WEEK 10 2014 I will be looking for VOLUME CALIBERATED ENTRIES( limit orders) on GBPCAD and NZDUSD, as suggested by STRENGTH and ROC PROFILING. Will also look for entries on other pairs except AUD pairs.
Book of LITE