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X-Man replied Feb 7, 2012Personally i wouldnt enter that late because there was a high resistance area , so no. But i would feel more comfortable if i entered early.
X-Man's Super Simple System
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X-Man replied Feb 7, 2012Look at the latest chart i posted. See where i wouldve placed entry if i took the trade. Its above that red candle. If you place entry too early you can be faked out. We dont really know if there would be a bounce straight away thats why you enter ...
X-Man's Super Simple System
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X-Man replied Feb 7, 2012Guys here was another potential setup that 1 couldve taken. I was busy doing something else thats why i missed that. I knew that there would be a bounce off the 200EMA if there wasnt any clean break. Couldve made an easy 30pips. But when you miss a ...
X-Man's Super Simple System
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X-Man replied Feb 7, 2012My TP1 hit for 35 pips I moved SL to BE and TP2 was taken out at BE. The current candle ran for more than 60 pips.
X-Man's Super Simple System
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X-Man replied Feb 7, 2012PA has been bouncing around the S&R levels for the past few days so at the moment im trading the bounces within these levels. sooner or later there will have to be a break for PA to start trending again.
X-Man's Super Simple System
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X-Man replied Feb 7, 2012LOL thats true, one has to put all his focus on the charts by getting the right entry , setting a nice SL etc. This is the thread where the rules are discussed to get an understanding of the system and learn from mistakes and not a live trade room. ...
X-Man's Super Simple System
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X-Man replied Feb 7, 2012Thanks guys i really appreciate the info. Im currently studying the pdf from B.S trading with kenneth lee. what he teaches is from sam seiden. Ive noticed that learning the demand supply can give to a better feel with pa and you will more or less ...
X-Man's Super Simple System
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X-Man replied Feb 7, 2012I did notice other traders use the same analysis and they talk about demand and supply zones? I never really caught on but im interested in expanding my knowledge in this section. I want to know how do traders identify demand and supply areas etc. ...
X-Man's Super Simple System
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X-Man replied Feb 7, 2012Yes you can , but before that did you look at the big picture as well? Did you look at you support and resistance areas? Did you look at your trendline if there is 1? All the basic factors has to be included when you make a decision.
X-Man's Super Simple System
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X-Man replied Feb 7, 2012Well nothing was wrong with the trade , its just that you shouldve exited much earlier than that. If i took that trade i wouldve exited on the formation of the first blue candle , which shows a big bullish body
X-Man's Super Simple System
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X-Man replied Feb 7, 2012Hey there buddy Im here. But im from south africa. Do you have anything you want to ask me? Yes i do still trade this system but i opened my own thread thats why im hardly here
Trading Made Simple
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X-Man replied Feb 6, 2012This is when i talk about the steepnesss of the cross on the TDI. When the green cross the red picture the hands on a clock. 3 O'clock is horizontal so its weak, its flat. The steeper the TDI cross the better.
X-Man's Super Simple System
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X-Man replied Feb 6, 2012In few videos of dean malone he talks about looking for patterns in the TDI and today i seen an inverse head and shoulders pattern. I dont really trade patterns on TDI but looking at today it wouldve worked out good.
X-Man's Super Simple System
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X-Man replied Feb 6, 2012Personally i wouldve waited for the candle to close to make a decision as i could see that PA was pushing up and the candle closed just about -5 . But you getting the hang of it and as you get trade more you will learn from mistakes. So closing it ...
X-Man's Super Simple System
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X-Man replied Feb 6, 2012Yes i would recommend waiting to enter at the open of the next candle. The time i would enter during a candle is when PA is just breaking through S&R areas with ease, then you know theres high momentum there. But always try to enter at the open of a ...
X-Man's Super Simple System
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X-Man replied Feb 6, 2012Hale Mary Trade 1 i agree with you but trade 2 and 3 are trades that i dont agree. look at trade 2, see thet first blue candle. Look at the long wicks on both ends of the candle. Even if you did enter on the second candle but then i would say you ...
X-Man's Super Simple System
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X-Man replied Feb 6, 2012Nice work cajun and josh. I totally missed that upward movement. Will get the market tomorrow. LOL that sanquir is still lurking about. What can i say , its just so hard to leave such a thread thats so awesome. I recommend he trade this system and ...
X-Man's Super Simple System
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X-Man replied Feb 6, 2012I would say around 4 to 5 hours if PA still is coming back to your entery point or has no momentum then it will rather be better to exit the trade. As you can see today PA didnt move much from the LO. i had my trade running for about 5 hours and ...
X-Man's Super Simple System
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X-Man replied Feb 6, 2012Nope i did not close my trade yet. Whats DD? lol
X-Man's Super Simple System