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If someone starts flaming you PM me with a screenshot of the incident and I will ban them if its legit. Do not flame them back, it makes our work as admins harder figuring out who started it. So if you flame them back, you may get banned too.
@  traderpusa : (14 November 2018 - 06:13 PM) good morning
@  Bigindoda : (14 November 2018 - 12:30 PM) And you? :)
@  Bigindoda : (14 November 2018 - 12:30 PM) Trading is a forever learning process like everything in the life :D
@  Bigindoda : (14 November 2018 - 12:29 PM) And i learn continuously
@  Bigindoda : (14 November 2018 - 12:28 PM) I just happy when i have time to trade :) collect the pips slowly but steady
@  Bigindoda : (14 November 2018 - 12:27 PM) :lol:
@  Tripack : (14 November 2018 - 10:33 AM) slowly thinking to expat myself lol
@  Tripack : (14 November 2018 - 10:32 AM) Europe is sinking
@  Tripack : (14 November 2018 - 10:31 AM) indices are pretty weak and too much dependant on single assets like apple, bad bad
@  Tripack : (14 November 2018 - 10:30 AM) at the same time in a eur/usd long up 70 pips atm
@  Tripack : (14 November 2018 - 10:29 AM) Married with a dow long here, still waiting
@  Tripack : (14 November 2018 - 10:20 AM) Hi bigindoda wazaa ?
@  Bigindoda : (14 November 2018 - 09:45 AM) hi Tri
@  Tripack : (14 November 2018 - 09:30 AM) Another flame war started, you guys need to stop calling names even if you disagreed, fgs :)
@  getitright : (14 November 2018 - 08:30 AM) tootro20
@  traderpusa : (13 November 2018 - 07:06 PM) Good morning
@  Storm : (13 November 2018 - 03:19 PM) ayrex may be a good option
@  fasih : (13 November 2018 - 01:35 PM) lol yes but i wont tell :D
@  dth : (13 November 2018 - 01:34 PM) Do you remember his name
@  dth : (13 November 2018 - 01:34 PM) lol

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(Verified) Lazy Larry discussion thread.


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1860 replies to this topic

#1 traderpusa

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Posted 20 June 2018 - 09:31 AM

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Hi guys,

 

the main strategy was presented to you in the verified accounts/strategies thread.

 

In attach documents that describe how to determine trend / levels and general price action information.

None of the content is mine, except for the DWM indi.

 

Feel free to comment or ask questions here, I will not be entertaining private messages that would require

repeating 10x the same information.

 

good luck,

traderpusa.

Attached Files


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#2 traderpusa

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Posted 20 June 2018 - 09:43 AM

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Right,  this was supposed to be the first post with the strategy :

 

1. Results (demo, verified by Tripack and David) : 1000 trades so random results are excluded :

    The account is open to public for everyone on MyFXBook

 

0d0917fc9d2da7f74adbaf865d2bcda3.png

 

 

2.  The strategy Lazy Larry is attached : Larry explained.

 

 

Attached Files


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#3 Mitch

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Posted 20 June 2018 - 09:49 AM

Lots of stuff to read and learn - I say thank you very much to traderpusa!


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#4 traderpusa

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Posted 20 June 2018 - 09:50 AM

There is not much to say about it.  Most has to come from you and chart time.  Since no indicators, all the effort needs to come from the trader.


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#5 jimtang

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Posted 20 June 2018 - 11:18 AM

Hey traderpusa

 

Thanks for sharing  Lazy Larry DWM 2018 Apr 28.ex4

A great indicator !


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#6 traderpusa

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Posted 20 June 2018 - 11:35 AM

it keeps the chart clean, so you can concentrate on price.

 

I should have mentioned that charts can differ from broker to broker, cause the daily open / close

depend on broker server GMT time.


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#7 BOedge

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Posted 20 June 2018 - 01:03 PM

awesome, thank you!!!


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#8 Lacedon

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Posted 20 June 2018 - 05:39 PM

Thank you!!  :)


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"Our greatest glory is not in never failling, but in rising everytime we fall!"

#9 victorckk

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Posted 20 June 2018 - 06:48 PM

thanks traderpusa :)  :)  :)


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#10 BigKev67

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Posted 20 June 2018 - 08:29 PM

Fantastic information and strategy. Invaluable stuff.
Huge thanks to TP for posting this.
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#11 traderpusa

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Posted 21 June 2018 - 01:32 AM

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Hey traderpusa,

 

I've read through your provided PDF in the verified section and have to say "Thank you" again. There is still this one thing that bothers me which costs me money more often than I'd like to admit. You said the following:

 

"My stop loss is determined by the next H1 level (there is always a level up or below)."

 

I am not sure why I do not get that part. Two reasons why:

 

- From what I've understood, your first (and only) target is 10 pips. If your SL is more than 10 pips, that'd mean that you are trading with a RR of less than 1, which is okay since your winrate compensates. However, if your SL is above/below another level, which could be far away, than your SL must be huge, no? And would you consider both zones (the one you trade and the one you put your SL) as entry zones where you split up the entries?

 

- And two, I just cannot figure out the level up or below the zone you want to trade. I mean, I just cannot spot it on H1. If you find time, would you perhaps be able to just show an example?

 

I am aware how much you've provided in the BoE chat and simply hope that you could help me out one last time, just with an example of such levels and how you see it just to get the basic idea since I just don't get it for some reason.

 

Thanks so much!! So far I am able to produce a 65% winrate and a 1:1, still a lot to improve, though, mainly my SL placement and drawing SR.

 

All the best!

 

86011fd9e558fa7f09fc2cd21e475440.png

 

ps.  My take profit is $300 per day (or per batch of trades), not 10 pips.  The amount of pips is simply the total of the batch pips, so per trade it just depends and how many trades were in the batch.

 

I also don't care about the % or itm rate.  Once a batch reaches $300, I close regardless some trades are still in a loss or not.


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#12 traderpusa

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Posted 21 June 2018 - 01:40 AM

Don't forget to check the news every day.

Below from myfxbook : https://www.myfxbook...onomic-calendar

 

61d8f9df810266e51e23c008bdad29e5.png


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#13 thi4gon

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Posted 21 June 2018 - 08:01 AM

Nice TP, this is what is trading about, not a fucking signal seller, very good content bro
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HU3HU3HU3 BRtrading B)  :ph34r: !

World is full of critics, be a encourager!  :rolleyes:


#14 traderpusa

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Posted 23 June 2018 - 06:19 AM

Larry hit 100 downloads today.  Not bad for a strategy without indicators on BOE !

Hope you all enjoy it, and learn !


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#15 rainman

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Posted 24 June 2018 - 07:22 AM

Hey traderpusa

 

Thanks for sharing  Lazy Larry DWM 2018 Apr 28.ex4

A great indicator !

traderpusa - Man, I have been pushing you to do this for awhile - Must be an early christmas present.  Thanks so much.  

Btw where does Lazy Larry DWM .ex4 go?


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#16 traderpusa

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Posted 24 June 2018 - 10:57 AM

indicator folder

it shows the short daily/weekly/monthly levels and pivots


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#17 rainman

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Posted 24 June 2018 - 11:20 AM

indicator folder

it shows the short daily/weekly/monthly levels and pivots

that's what I thought but it seems like it's missing stuff. https://gyazo.com/43...d4d268819bd65d5



#18 traderpusa

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Posted 24 June 2018 - 08:31 PM

Don't know Rainman, should work out of the box.  Check again when market is actually open.

 

It's Monday morning for me.  As a refresher to see what current trends are, you can read every Monday morning following article :

 

http://www.learntotr...th-to-29th-2018.

 

This will give you a long term trend overview. It's free and published weekly, and you don't need to sign up for anything to read this.

 

Another website with useful PA info is : https://www.theforexguy.com/

 

Once again, the free section will do, no need to sign up.


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#19 manfloy

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Posted 25 June 2018 - 07:12 AM

artwork !  :)


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Difficult takes a day, impossible takes a week !


#20 traderpusa

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Posted 26 June 2018 - 04:03 AM

Had a request to make the pivots optional in DWM.

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