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Phx62 replied Jan 8, 2013You are correct....my server time is GMT+2....the green box is the London session which opens at 8:00 GMT, which is also 10:00 my server time.....yesterdays trade was entered at 11:09 (server time), which was a little more than an hour into the ...
X-Man's Super Simple System
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Phx62 replied Jan 7, 2013Please see my last post for an explaination of my exit on this trade...... To answer your question, I set my TP and SL based on the Average Daily Range of the pair....after much study and testing, I am comfortable setting TP and SL at roughly 40% to ...
X-Man's Super Simple System
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Phx62 replied Jan 7, 2013The 1st London candle appeared to set the low of the day right at the yellow daily resistance line, so I entered the trade long.....I just didn't know price would take so long to go that direction. The drawdown on the trade turned out to be 8 pips ...
X-Man's Super Simple System
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Phx62 replied Jan 7, 2013Just closed the one trade I took today.....taken on a double bottom bounce and TDI bouncing off the yellow MBL during 2nd hour of London....bounced around till NY open and then moved up through the H4EMA to the 38 fib line, where it stalled.....good ...
X-Man's Super Simple System
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Phx62 replied Jan 6, 2013It is a Round Number indicator named SDX-SweetSpots v5.2 that I picked up from Big E and Craig Harris. You can download it at post #6213 of this thread or go to the paperclip at the top of the page and find it there.
X-Man's Super Simple System
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Phx62 replied Jan 5, 2013Last couple of trades this week.....downtrend may be over.....lets see what next week brings.
X-Man's Super Simple System
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Phx62 replied Jan 3, 2013Took three EU H1 trades in the past 24 hours. Some of the reasons were explained in my last post. In addition, using Market Harmonics (still learning that from Rick at Pro Trader Network and some of munirpt's posts on this thread), there was an ...
X-Man's Super Simple System
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Phx62 replied Jan 3, 20131...since the US Congress reached an agreement regarding the "fiscal cliff", I would only be looking for a short trade based on "perceived" dollar strength from that announcement. 2...Because the green and red lines are below the yellow Market Base ...
X-Man's Super Simple System
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Phx62 replied Dec 31, 2012The question I would ask is.....What was your basis for entry? What did you see that caused you to "pull the trigger"? Here are some reasons not to enter the trade, in my opinion....most of the banks around the world are closed today & tomorrow, ...
X-Man's Super Simple System
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Phx62 replied Dec 28, 2012Two more nice trades this morning....done for the week. Both trades entered shortly after LO based on a pullback from Frankfurt high....waited for price to break of the low of the setup candles.... EU...TDI bounced off the Market Base line and ...
X-Man's Super Simple System
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Phx62 replied Dec 27, 2012Nice trades munirpt.....the market seemed to be moving today, so I took 3 trades similar to yours. trade 1....EU...taken during the Frankfurt session on a nice TDI bounce off the Market Base line (yellow) and a cross over the Trade Signal line (red) ...
X-Man's Super Simple System
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Phx62 replied Dec 20, 2012Good plan Dee......another way to develop the discipline is the stay in the trade until a candle CLOSES the opposite color (only after you can move stop to BE). One can get nervous when a candle changes color during the hour but many times it comes ...
X-Man's Super Simple System
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Phx62 replied Dec 19, 2012Dee, Have a good holiday..... I landed another 40 pounder today.....probably done for the year, as well. Happy Holidays to everyone and here is to a prosperous New Year.
X-Man's Super Simple System
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Phx62 replied Dec 19, 2012The yellow lines are support/resistance lines that I place on my Daily charts each week, showing where price has reversed in the recent past. On the 17th, all the candles in the late Asian and into the London sessions had long wicks on each end and ...
X-Man's Super Simple System
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Phx62 replied Dec 18, 2012EU Two trades today....one BE and one for +40. No trades yesterday....no valid signals.
X-Man's Super Simple System
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Phx62 replied Dec 17, 2012See post 8612 in this thread OR open the paperclip in the top right corner of the thread and hit hide images....then scroll down until you find the THV CAVEMANAGER.....then hit post and it will take you to the information you are looking for OR here ...
X-Man's Super Simple System
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Phx62 replied Dec 17, 2012Q1.....RE: trade 2.....I entered the trade based on price bouncing off the 50 EMA (which is also the M15 200 EMA), price bouncing off the trend line (not the one shown on the chart but the first one I drew once price started moving up) and a cross ...
X-Man's Super Simple System
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Phx62 replied Dec 14, 2012Here are the trades I took this week on the EU H1. I entered all trades during the London session (except the 1 early trade during the Frankfurt session based on a strong pullback candle) per my trade plan. A very good week...... Munir/Dee....great ...
X-Man's Super Simple System