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@  CRAIGL : (18 September 2018 - 02:39 AM) good afternoon
@  traderpusa : (17 September 2018 - 08:46 PM) good morning
@  Tripack : (17 September 2018 - 11:12 AM) Well, I will see how it goes, I really love the chat interaction lately lol :P take care !
@  Tripack : (17 September 2018 - 10:35 AM) Right, maybe risky but longeurusd again
@  Tripack : (17 September 2018 - 09:26 AM) Taking a break, good luck !
@  Tripack : (17 September 2018 - 09:25 AM) Carefully quick shorting but less weight
@  Tripack : (17 September 2018 - 09:12 AM) & out
@  Tripack : (17 September 2018 - 07:58 AM) Looking good :)
@  Tripack : (17 September 2018 - 06:36 AM) eurusd
@  Tripack : (17 September 2018 - 06:35 AM) Was initially short biased for today but not anymore, thinking 1.170 has a chance ?
@  Tripack : (17 September 2018 - 06:31 AM) Probably more stocks/indices impacting but still...
@  Tripack : (17 September 2018 - 06:30 AM) careful in general today/tomorrow as us vs china news may come out
@  Tripack : (17 September 2018 - 06:29 AM) Eurusd becoming harder to trade
@  dawid9840 : (17 September 2018 - 04:24 AM) fib pivot
@  Tripack : (17 September 2018 - 01:11 AM) Morning
@  traderpusa : (16 September 2018 - 07:32 PM) Good morning
@  ahmetesk : (16 September 2018 - 11:07 AM) @sgfn01 Maxim? yes that crazy gambler with martingale :P
@  hongquan102 : (16 September 2018 - 05:36 AM) billykay indicator
@  sgfn01 : (15 September 2018 - 05:27 PM) Hello people! a long time ago had a Russian trader Makisin he was always among the first placed in the world ranking iq option, what will happen to him, I never saw his name in the ranking.
@  Bigindoda : (14 September 2018 - 03:27 PM) friday night gave me nice profit https://charts.mql5....-point-of-3.png

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(Verified) Lazy Larry discussion thread.


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#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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#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

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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