Attached are my trades for the week. I will not be trading the rest of the week....off on a business trip. Trade 1....a typical London trade....low of session set by 1st candle....price moved up to ADR (after some bouncing around). Trade ...

X-Man's Super Simple System

Thanks for the kudos....we really miss your input on this thread....you give a little different perspective than some of the rest of us and that is refreshing and very helpful to newbies...Thanks again.

X-Man's Super Simple System

I have found that forward testing to be much more beneficial than back testing. You have pointed out some of the drawbacks of backtesting. That is fine on the weekends. During the week, demo trade on smaller time frames like the M15 or M5 and you ...

X-Man's Super Simple System

An A+++ trade is one which meets at least 95% of the rules of my trading plan....an A++ trade would be when 85 to 90% of the criteria is met...etc. I have 8 hard & fast entry/exit rules and 11 "if this happens then I do this" criteria that determine ...

X-Man's Super Simple System

Defiant, If I may, let me give you a gem that I picked up a couple of years ago that has really helped my trading during the London session. Normally the EU high or low of the London session will be set within the 1st two hours of the ...

X-Man's Super Simple System

The ScorpS, You are exactly right.....hundreds of chart hours watching and test the way EU moves under different circumstances....even then you will miss few but overall you can succeed after learning and then building a consistent trading ...

X-Man's Super Simple System

EU H1 trades I took this week. The Average Daily Range for EU has gotten smaller over the past few months and is currently about 80 pips per day. As a result, I have reduced my opening TP from 50 pips to 40 pips per trade. I also took a couple of H1 ...

X-Man's Super Simple System

Trades so far this week on the EU H1 time frame....3 scalp trades and 1 bounce trade off the 200EMA. Notice how price bounces off the 200EMA or consolidates and then pushes through the 200EMA (circled areas). I did not follow my rules and traded a ...

X-Man's Super Simple System

The only indicator I currently use on my charts in an indicator window is the TDI, which has a yellow line but it does not change color. I have some EMA's on my chart that change color depending on the direction of the trend at the time. If you can ...

X-Man's Super Simple System

When I open a trade later than the open of the candle, it is usually because I need to see it break a previous high (or low) or break a resistance area or some other consolidation point. When I open a trade before the TDI has crossed, it is because ...

X-Man's Super Simple System

Sorry....I wasn't very clear on that....I wait for the open of a new candle of the opposite color.

X-Man's Super Simple System

I define a ranging market when most of the candles I see have long upper AND lower wicks and price cannot seem to find one direction without sudden pullbacks and reversals. When I see these things, I still look for good entries but use smaller TP's.

X-Man's Super Simple System

I use the fib indicator that comes standard on the MT4 platform and just modified some of the descriptions.

X-Man's Super Simple System

robuk, On the H1 time frame, once price takes me into profit 25 to 30 pips and moves on, I lock in a small profit and then usually only exit on a change of candle color or at least a 3 candle consolidation. Because price had crossed both the H1 200 ...

X-Man's Super Simple System

thomi I am attaching a chart matching the chart you posted with every cross of the TDI during that period of 3 days....I have marked each entry point and explained why I would or would not enter the trade based solely on the TDI crosses. Trades as ...

X-Man's Super Simple System

One trade today on EU H1....taken on price breaking below the 200EMA....hit TP of 50. For those who have asked questions, I will try to answer them over the weekend.....thanks for your patience.

X-Man's Super Simple System

Took some scalp trades on the EU H1 during the Asian session and one at LO.....TP was small on the LO trade due to the 200 EMA being very close. I have also been demo trading and studying the GU and the EJ. I took my first LIVE trade on the EJ today ...

X-Man's Super Simple System

EU H1 I'll try to get to the questions later....leaving for a business meeting in a couple of minutes.... The market is still ranging making it difficult to trade a trend, so I just take what the market will give me and get out on any sign of ...

X-Man's Super Simple System

Two London trades and one Asian scalp for 55 pips, all taken on change of candle color and break of previous candle high or low....but not with TDI confirmation.

X-Man's Super Simple System

If the current candle were to close right at that location, I would not take the trade due to the long wicks at both end of the candle.....long wicks at both ends indicate consolidation so direction becomes very uncertain...if the current candle on ...

X-Man's Super Simple System