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X-Man replied Dec 13, 2011I did a calc on the conservative way and ended up with around 450 pips. Thats only for the this few weeks of december with a limited TP of 100. Theres some trades that gave me over 100 pips with the conservative way.
X-Man's Super Simple System
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X-Man replied Dec 13, 2011I want to talk about the 4H blue band strategy. I did say that you can enter when TDI breaks through the blue bands. But when to enter is the question? Since everyone here is new i would give you the conservative way to enter. The conservative way ...
X-Man's Super Simple System
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X-Man replied Dec 13, 2011The fellow trader that wants to move to canada and become a full time trader, You should first sit and think what are my trading times going to be if i move to canada. If you want to become a full time trader you must be able to stay in a place ...
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Thanks buddy. Yes i did take the NY trade yesterday where i seen the pullback that also got stopped out. Most of my losses are always made on a monday. Last week monday my first trade was also a loss. My biggest profits are made from Tues to Thurs. ...
X-Man's Super Simple System
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X-Man replied Dec 12, 2011hey guys Just want to say dont let the losing trades get you down, I have experienced days like these .It always happens but you just have to stick to your system and you will see that the winning trades will take place. Every trade is unique
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Yip i would enter on the opening of the next candle.
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Yes i think with my system it is very possible to go to the 30m or the 15m to get entries.
X-Man's Super Simple System
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X-Man replied Dec 12, 2011No not really , There will be trades almost everyday on the 1H chart
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Today just aint a good trading day at all for me.
E/u is heading in one direction since the london open. No retracements yet.X-Man's Super Simple System
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X-Man replied Dec 12, 2011hey there zvt I dont see any pullback in the previous candles. So we will wait for the NY session. The current candle looks like its pulling back so we will just wait for it to close and see what happens.
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Oh now i see. Thats dean malones method on compass fx. My method is different. I trade it in the opposite direction on the higher Tfs because PA retraces when it breaks the bands. On the lower TF Dean says to trade in the direction of the break of ...
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Nope i think you have it the other way around. I always trade long when the TDI breaks out the bottom of the bands and short when TDI break from the top of the bands. This is only on the 4H chart. On the 1H chart i dont pay attention to the bands.
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Yeah a higher probability is when you trade the pullback candle that happens when TDI breaks the band this will save you the bad trades but at the same time you will also miss some good trades. This will be left to the trader on how he/she wants to ...
X-Man's Super Simple System
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X-Man replied Dec 12, 2011yes you are right when you say that. I took that because I'm alil more of an aggressive trader with the 1H method thats why i did not mention the trade as i could see that the body of the synergy bar was bigger than the wick. A conservative trader ...
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Yes that was a pullback candle which i did take and made a 25 pip loss.
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Look to your left , ask yourself where PA has spent most of its time as you can see most of the time it was above the 60EMA . Now when it breaks the bands its shows thats its reaching its very low before it changes its direction. Simple
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Another chart to demonstrate the break of the blue bands
X-Man's Super Simple System
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X-Man replied Dec 12, 2011No the PA color is not important. When i mention that your timing skills has to be very good because the aim is to execute your trade at the open of the next candle. For example: TDI breaks at the bottom of the blue bands and PA is above the 60EMA ...
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Yes guys you can use stochastics like in the TMS thread. Personally i use to use it before but it made me miss some good trades. I only use TDI. But remember that PA is king If you feel safer using the stocs the you can download the indi from the ...
X-Man's Super Simple System
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X-Man replied Dec 12, 2011Im not even looking at the 4H channel. coz the SHI channel is only for my 4H trades. I wont even go short because my SL will be too large for my 1H trade. It will be over 50 pips. That red candle is too big for my liking to go short.
X-Man's Super Simple System