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X-Man replied Feb 20, 2012Yes im the one thats mistaken. The daily pivot is at 1.31500 and PA seen to bounce off the daily R1. Looks like my mind is shut down LOL Today i wont be taking any trades. I never trade when im tired , sleepy or depressed and today im tired and ...
X-Man's Super Simple System
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X-Man replied Feb 20, 2012Aint daily pivot at 1.31911? not daily resistance 1 correct me if im wrong.
X-Man's Super Simple System
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X-Man replied Feb 20, 2012Good morning guys. Today im half asleep at the PC had a sleepless weekend. Too much partying lol. I miss the long trade. If you look at why a long would be goos was that PA bounced off the daily pivot. An entry at 1.32050 wouldve been a nice entry.
X-Man's Super Simple System
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X-Man replied Feb 19, 2012Nice work Well done buddy. I just popped looking for this post and wanted to congradulate you on a lovely thread.
May your thread run for many many more years. XSymphonie Trader System
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X-Man replied Feb 18, 2012First of all i would say that you over traded. 4 Trades on 1 day with 1 pair all within few hours is a high number. I took 5 trades for the entire week just on E/U. The maximum number of trades per pair per day should be 2 whether they are wins or ...
X-Man's Super Simple System
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X-Man replied Feb 18, 2012Heres the perfect thread to start off with. url well the reason why i closed my trade for -10 pips last week was because the market was very choppy and PA wasnt moving at all so after a few hours i closed with what ever i had.
X-Man's Super Simple System
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X-Man replied Feb 17, 2012The entire system is not based on only pullback candles. The purpose of a pullback (reversal / pinbar) candle is for us to enter the market earlier than normal. for example : PA is bullish for the past few hours then the current candle froms a new ...
X-Man's Super Simple System
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X-Man replied Feb 17, 2012Nope not at all. You see the 200EMA on different TFs will show you different things because the 200 EMA on 1H is measuring 200 of the 1H candles and the 200EMA on the 4h chart meausures 200 of 4H candles. so 200 of 4H candles is a much longer period ...
X-Man's Super Simple System
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X-Man replied Feb 17, 2012Here you go. It was a normal TDI cross down. TDI was below the market base line so that shows bearish move. PA was in a downtrend creating lower highs. PA touched the top off the channel so PA usually crosses the 60EMA to change trend PA bounced off ...
X-Man's Super Simple System
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X-Man replied Feb 17, 2012Another useful moving average for the 1H chart is the 89EMA. I noticed Dcginc using this moving average and many other Professional traders. Add it to your chart while back testing and notice what it does.
X-Man's Super Simple System
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X-Man replied Feb 17, 2012well I really do believe this system has a 70% to 80% win rate. Currently i have a 90% to 100% per week win rate. Well its the whipsaws that causes the 20% to 30% loss on this system lol. If it wasnt for the whipsaws there would be a higher win rate ...
Trading Made Simple
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X-Man replied Feb 17, 2012weekly report — Today i wont be taking any trades. Just want to kick back alil and not look at charts. Although my analysis for today would be sell as PA is at the 200EMA and would bounce down But be careful anything can happen. PA might break ...
X-Man's Super Simple System
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X-Man replied Feb 17, 2012Thanks buddy that means a lot to me. Now you from south africa as well so you understand when you make this much in dollars just from sitting at the PC and at the end of the month when you calculate all that in Rands
LOL you earning like the ...X-Man's Super Simple System
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X-Man replied Feb 17, 2012Well if you compare the TMS thread with my thread theres not much change except that we look at what PA is doing first in this thread. The reason for this is that traders had many pairs open at once and always use to trade the TDI blindly in the TMS ...
X-Man's Super Simple System
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X-Man replied Feb 17, 2012[quote=littlebunny;5393128] No problem , im glad i could help. I graduated in auditing and accounting so Money management and Mitigating risk are all second nature to me. When i chose to trade forex full time my parents thought they wasted all that ...
X-Man's Super Simple System
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X-Man replied Feb 17, 2012You are struggling with the basics of trading. I would like you to go to babypips.com and study that. When you know the basics then i would like you to come to my thread again. Dont rush just take your time and absorb the knowledge
X-Man's Super Simple System
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X-Man replied Feb 17, 2012Its just something I have stuck until now and I dont calcuate my 3% everyday. I calculate it once per month or every 2 weeks then I stick with that lot size for the month or the 2 weeks. So when my capital gets bigger within the month or 2 weeks im ...
X-Man's Super Simple System
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X-Man replied Feb 16, 2012Well its very easy , i calculate my 3% risk and base it on a standard 50 pips SL. So if i trade the 1H with 30 pips that means my risk will be lower than 3% which is excellent and if i trade the 4H i half the lot size coz the SL can go up to ...
X-Man's Super Simple System
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X-Man replied Feb 16, 2012Dcginc gives me tips on how to trade with ice in your veins. lol Im a stone cold trader
X-Man's Super Simple System
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X-Man replied Feb 16, 2012IMO i would recommend that a trader should start off with $5000 to $10000 because he must be able to give his account that breathing room to trade comfortably LOL so thats a clue to what i started with

X-Man's Super Simple System