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Phx62 replied Feb 13, 2012EU H1 2.13.12 — The second candle of the London session was a pullback candle. On the third candle PA weakly pulled down and then pulled back up. The Asian session did what it has done for the past several weeks on the first day of the week ...
X-Man's Super Simple System
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Phx62 replied Feb 11, 2012sarmatius — No....if I am at my computer and a setup candle occurrs prior to London, I may take the trade but my study and experience has taught me to very cautious with the London Open.....many times the 1st or 2nd candle will reverse and go ...
X-Man's Super Simple System
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Phx62 replied Feb 10, 2012HITMAN — SEE POST #3960. I explained my reason for taking that trade in that post.
X-Man's Super Simple System
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Phx62 replied Feb 10, 2012EU H1 — 10 trades this week. 9 winners. 1 loser. +419 pips. In retrospect, I should have only taken 8 trades.....I broke the rules of my trading plan to enter the Asian session trade on Thursday and I should not have taken the long Friday ...
X-Man's Super Simple System
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Phx62 replied Feb 10, 2012hale-mary — There was nothing wrong with your entry....your exit however needs work. I made the same trade and even traded into a resistance line on my chart (not really awake yet, at the time). The difference is that I did not take the 50 pip ...
X-Man's Super Simple System
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Phx62 replied Feb 9, 2012As I stated before, the time to enter your Trade 2 was at the beginning of that candle because the TDI had already crossed up. The setup candle was created by news and had a long wick at both ends, which in my opinion did not qualify as a pullback ...
X-Man's Super Simple System
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Phx62 replied Feb 9, 2012Yesterday, PA did not break the high of the Asian session. The trade today during the Asian session was an exception.....in fact, my trading plan is to trade only the London session, so it is not something I usually do. I broke the rules of my ...
X-Man's Super Simple System
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Phx62 replied Feb 9, 2012jasonnevis — I don't stay awake for all that time. I live in Arizona and usually only trade the 9 hours of the London session. Yesterday, I opened the charts before going to bed and entered the first trade during the Asian, then went to sleep. ...
X-Man's Super Simple System
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Phx62 replied Feb 9, 2012chiche — The vertical lines show the candle where I entered each trade so you can see the position of the TDI at the time the trades were entered. The arrow buttons on the chart show the actual entry and exit of each trade. The boxes on the ...
X-Man's Super Simple System
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Phx62 replied Feb 9, 2012All of the above....when PA is struggling to reach the average daily range in pips, I will reduce the TP/SL. I also watch the 200 EMA closely and long term trendlines that have been tested at least once. To a lesser extent, I watch S&R lines as they ...
X-Man's Super Simple System
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Phx62 replied Feb 9, 2012hale-mary....just my observation but in my opinion, your trade 1 was taken late.....on the 4th red candle....if you observe the rules of the TMS, the trade should have been taken on the 1st or 2nd red candle. I am not sure exactly where you entered ...
X-Man's Super Simple System
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Phx62 replied Feb 9, 2012EU H1 on 2-9-12 — I did not trade at all yesterday because there was no clear break of the Asian session, long or short. Due to the many areas of support and resistance and no clear trend direction right now, I reduced my TP and my SL to 30 ...
X-Man's Super Simple System
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Phx62 replied Feb 7, 2012That would have been a good entry as soon as that candle opened and the TDI showed a cross...... AT THE BEGINNING of that candle.....could have netted 60+ pips. Technically, the first two blue candles would serve as set-up candles, even though they ...
X-Man's Super Simple System
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Phx62 replied Feb 7, 2012Thank you — X-Man, Dcginc, emmanuel and others.....thank you for your kind words. I have been able to find a measure of success learning the skills of trading forex from good folks like yourselves, along with eelfranz, Dean Malone, Money Duck ...
X-Man's Super Simple System
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Phx62 replied Feb 7, 2012sarmatius — There was no TDI cross at the open of the London session.....the cross had already occurred on the candle before (during the Asian session). If you had traded the TDI cross at the open of that candle (just before the LO), you could ...
X-Man's Super Simple System
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Phx62 replied Feb 7, 2012EU today — A very good trading day for me..... Trade 1 was taken on the TDI cross down, with a 30 pip TP just above the 200 EMA.....if that had been broken, I might have re-entered, based on the strength of PA. Trade 2 was taken early (before ...
X-Man's Super Simple System
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Phx62 replied Feb 6, 2012trzcinek — See my post #3806.....also, with price being very close....right under the 200 EMA, I would have to see at least a strong break above the 200 to enter long. The same principle applied to the first short trade I took this morning...I ...
X-Man's Super Simple System
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Phx62 replied Feb 6, 2012EU H1 today — Finally got a move to collect 50 pips. Trade 1 was a test.....the last two weeks, PA has taken off for 100+ pips from the open of the week.....I do not normally trade the Asian due to low volume but was at my computer as the day ...
X-Man's Super Simple System
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Phx62 replied Feb 6, 2012Pullback candle — PA had moved 90 pips down from the open of the day.....it would take more than one pullback candle to reverse that trend plus it bounced off the 200 EMA. Currently short on the open of current candle and TDI cross back ...
X-Man's Super Simple System