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X-Man replied Feb 23, 2012Yes we have a lovely community spirit here and valuable traders as well. All the rules are covered but everyday is still a learning day making traders better and better at what they do. With all the info/knowledge posted in this thread traders will ...
X-Man's Super Simple System
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X-Man replied Feb 23, 2012With the 00's i like to set as TP and i dont use the 00's to enter into trades
X-Man's Super Simple System
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X-Man replied Feb 23, 2012PA started to retrace as there was a bounce off the daily resistance 3. At the open of the first candle the green TDI was touching the red TDI and i entered when it passed the low of the previous blue candle which at that time gave me a steep cross ...
X-Man's Super Simple System
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X-Man replied Feb 23, 2012just out of curiosity why is the MA histo set at a period of 10? just want to know the thinking process as to that period and not 5 or something like that X
Extreme TMA System
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X-Man replied Feb 23, 2012went short on E/U 1H not 4H. read the post again and see what i typed
X-Man's Super Simple System
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X-Man replied Feb 23, 2012watch this video , its some analysis that dean malone made on the E/U url He made some good pointers on what to expect
X-Man's Super Simple System
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X-Man replied Feb 23, 2012Gamekeeper Another thing is that you have to have lots and lots of patience trading the 4H charts as PA sometimes dont move for hours and then towards the end of the candle momentum starts. During the formtion the bulls and bears will have a tough ...
X-Man's Super Simple System
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X-Man replied Feb 23, 2012very good video. I learn a lot about synergy and TDI tricks from dean malone Dean malone is a conservative trader and some of his tactics get you in on trades late. Im much more aggressive than he is with my trading style
X-Man's Super Simple System
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X-Man replied Feb 23, 2012I just entered short on the 1H E/U. when i take trades on the 4H charts i dont look at the 1H charts or any lower TF for that matter maybe now and then will give a glance at the daily chart to get an idea if i should cut the trade short or ride it ...
X-Man's Super Simple System
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X-Man replied Feb 23, 2012If you look at TDI on E/A you will see how many bounces it produced and didnt cross the TDI for such a long time. From the 32 level it went straight up to the 68 level and now TDI high up in the 68 zone so this increases my probability that i can ...
X-Man's Super Simple System
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X-Man replied Feb 23, 2012wave analysis — Another important point i would like to make here is wave analysis (higher lows, Lower highs). No matter what TF you trade or what pair you trade if you pay attention to the waves that a pair produces then you will be able to ...
Extreme TMA System
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X-Man replied Feb 23, 2012Im also holding short on usd/cad 4H Long on a/u 4H short on e/a 4H
X-Man's Super Simple System
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X-Man replied Feb 23, 2012No i didnt go long at that time , wasnt looking at charts because it was just before the LO so i missed it.
X-Man's Super Simple System
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X-Man replied Feb 23, 2012Traders should consider locking in their profits as PA is at daily resistance 3. PA might turn around from here.
X-Man's Super Simple System
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X-Man replied Feb 23, 2012Here that candles wick and body almost the same size. If i wanted to go short on that candle i wouldve waited for a downward momentum
X-Man's Super Simple System
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X-Man replied Feb 23, 2012Well in fact its really very simple. fibs , pivots , divergances are all basics and with enough practice becomes second nature. Big E has mentioned this before that basics are important. If you dont care about any basics then no system will ever ...
Trading Made Simple
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X-Man replied Feb 23, 2012Yip i agree and noobs or anyone new to this thread should make notes f the important posts so that you can keep going over them all the time until its ingrained in ones mind
X-Man's Super Simple System
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X-Man replied Feb 23, 2012My risk/reward for a 15m chart would be 1:2 , but if it dont reach that target i would lock it when it reaches the other side of the band. I would not risk more than 30 pips on a 15m chart so i would set my SL between 25 to 30 pips a trade. ...
Extreme TMA System
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X-Man replied Feb 23, 2012Points A and C are trades agaisnt the trend. Im not saying that you cant trade those, you can but its riskier. Point B is with the trend which is a good trede. You have marked areas where TDI touched the blue band but as you can see there is no ...
X-Man's Super Simple System
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X-Man replied Feb 23, 2012I agree and will not explain pullback candles. I think if you look there are more than 100 posts in this thread on the pullback candles. If still traders dont understand this concept then i would say reseach pin bars and thats how you will ...
X-Man's Super Simple System