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  • #161
  • Nov 28, 2011 12:39am Nov 28, 2011 12:39am
Quoting LazyLobster
Hey Piprac:

I think what he is meaning is that he sets his sonic shi channels to show daily channel while looking at his 4 hour charts. That's the neat thing about that particular indicator that you can set it to show say daily shi channels even if your are looking at the 1minute charts. Hope this helps man.
Absolutely 100% correct
X-man the legendary conqueror of markets
  • #162
  • Nov 28, 2011 12:41am Nov 28, 2011 12:41am
X-Man,

Thanks...On Fxdd the hours for the vertical lines should be
8:00 and 2:00. That way were all on the same page...

Thanks

snarlyjack
  • #163
  • Nov 28, 2011 12:41am Nov 28, 2011 12:41am
Quoting spyderman
Actually Leona, I think there's more to it. The visualization only effects which timeframes the channel "appears" on, not what timeframe the channel "reads" off of.

You need to open up the indicator and under the inputs tab select the timeframe of 1440 for the D1. Then that will lock the channel to the Daily when you're on the H4.
I dont change anyting in the inputs tab,
I really dont know what will happen when you do that.
I only change visualization
X-man the legendary conqueror of markets
  • #164
  • Nov 28, 2011 12:44am Nov 28, 2011 12:44am
Quoting MacLeod22
Hi X-Man, glad to see you started a thread with your method as I was alreays interested in your posts on TMS. Will follow with wheelbarrow in hand.

If not already clear, another way to save and manipulate template files is to go:

Template > Save Template (save to desktop) > then you have access and can upload.

Thanks
You going to need a super big wheel barrow
X-man the legendary conqueror of markets
  • #165
  • Nov 28, 2011 12:54am Nov 28, 2011 12:54am
Quoting SmokeyD
Hello All,

First let me thank X-Man for the share and the time given to this forum.
I'm new to your forum but have been trading full time for over a year now. This will be my first post here.

Regarding the H1 strategy...

I understand X-Mans system, but my back testing has proven to be quite inconsistent. I did a 5 month back test formatted 1 hour, 2 hour, and at each market opening, including Synergy bar color and weakness/strength of the first 1-3 bars at a bounce or a cross.

(BTW... littlebunny's box app was a huge help! Thank-you.)

I found...
hey there smokeyD
Could you please tell me the months that showed you these results .
I would like to have a look.
I have back tested for over a year and I had consistent results.
As your experience builds using this method you wont even need TDI to tell you a signal. I just look at the synergy bars and i already can see what the market is doing .
I back test lots to build my confidence .
Another thing is that the momentum will always be there at those 2 sessions no matter what.
It has been there since forex started so no matter what indi you use , atleast you must be able to catch that momentum.
To me every indi shows the same thing but in its own different way and as a trader we choose the indi that we feel most comfortable with
X-man the legendary conqueror of markets
  • #166
  • Nov 28, 2011 1:04am Nov 28, 2011 1:04am
X-MAN, Looks like we have sell signal here, don't we?

http://i43.tinypic.com/344z7zo.gif
  • #167
  • Nov 28, 2011 1:20am Nov 28, 2011 1:20am
Quoting davlo
guys on my screen the SHI channel is not visible afet October of this year, is this right and if it is how do we back test futher?
Yeah the channel cant be used for back testing so when i back test i use the 60EMA for direction as i back test
X-man the legendary conqueror of markets
  • #168
  • Nov 28, 2011 1:34am Nov 28, 2011 1:34am
Guys i went through a few pages of how to find my template lol
The thing is that i had lazylobster make me a template and i apologize for not posting it earlier because i was out during the weekend. But now the templates are up we can all be on the same page and do some trading
X-man the legendary conqueror of markets
  • #169
  • Nov 28, 2011 1:40am Nov 28, 2011 1:40am
Yes viocable I did go short on the open of the second red candle
with a SL of 35 pips.
X-man the legendary conqueror of markets
  • #170
  • Nov 28, 2011 1:53am Nov 28, 2011 1:53am
Quoting X-Man
Yes viocable I did go short on the open of the second red candle
with a SL of 35 pips.

Thanks for clarification X-MAN. BTW, did ever happened, on 7.00 we saw there's a bounce of TDI that gave short signal, but later when candle 7.00 close, and open new candle, the TDI change and does not give Bounce Trade signal? If this happened, do we need to close our open position directly?

And where did that 35 pips SL came from? Did you just calculate from previous candle's high (last swing high)?

Thanks before
  • #171
  • Nov 28, 2011 1:55am Nov 28, 2011 1:55am
  •  sam21
  • | Joined Aug 2010 | Status: Soon to be employed by the market | 125 Posts
x-man is there a reason why you only use this method on eur/usd
  • #172
  • Nov 28, 2011 1:58am Nov 28, 2011 1:58am
short entered at 1.3286 s/l is 25 pips
  • #173
  • Nov 28, 2011 1:59am Nov 28, 2011 1:59am
Hey X-Man,

It's great to see that youve started your own thread ive been learning a lot from you . Though isnt the market a bit uncertain to enter into that trade? I stayed out because it doesnt look like it knows what it wants to do yet. Anyway, I wish you success and I hope to learn a lot more from you.

Good trading

Quoting X-Man
Yes viocable I did go short on the open of the second red candle
with a SL of 35 pips.

  • #174
  • Nov 28, 2011 1:59am Nov 28, 2011 1:59am
Quoting sam21
x-man is there a reason why you only use this method on eur/usd
Well you can back test any pair, i heard some trader say that it works on G/U as well.
I just trade this method on E/U because i feel comfortable with the pair. No other reason
X-man the legendary conqueror of markets
  • #175
  • Nov 28, 2011 2:03am Nov 28, 2011 2:03am
Quoting maudur
Hi,

I'm long in EURUSD using the preferred swing trade.

I hope comments, please.
I dont see anything wrong with your trade but personally i would take it only when it crosses the 60EMA
X-man the legendary conqueror of markets
  • #176
  • Nov 28, 2011 2:11am Nov 28, 2011 2:11am
Quoting viocable
X-MAN, Looks like we have sell signal here, don't we?

http://i43.tinypic.com/344z7zo.gif
dont understand.. why u look for setups if london open 1h later...?

7min ago opened london.. so.. i ll look 4 setup.. on 2 or 3 candle..
Attached Image (click to enlarge)
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  • #177
  • Nov 28, 2011 2:16am Nov 28, 2011 2:16am
Xman:
ARe you still in the deal?
"IN CASH WE TRUST"
  • #178
  • Nov 28, 2011 2:18am Nov 28, 2011 2:18am
Quoting Raa
dont understand.. why u look for setups if london open 1h later...?

7min ago opened london.. so.. i ll look 4 setup.. on 2 or 3 candle..
See previous post before
Actually X-MAN not to trade exactly on the UK Open or US Open, he starts to trade just few hours before.. I forgot to read it on which page on this thread. there had been a question like this before
  • #179
  • Nov 28, 2011 2:18am Nov 28, 2011 2:18am
I personally trade every nice setup (not only when 4ema touch 60ema)

i use 60ema as trend.. (if below 60ema down trend(so i ll go only short), when above 60ema up trend(so i ll go only long)), i think for long term strategy's is important to trade with trend. Also i use 60ema as support resistance.. if price break out it.. its reverse trend.
  • #180
  • Nov 28, 2011 2:20am Nov 28, 2011 2:20am
Quoting viocable
See previous post before
Actually X-MAN not to trade exactly on the UK Open or US Open, he starts to trade just few hours before.. I forgot to read it on which page on this thread. there had been a question like this before
Actually we should trade uk ny.. its safer.
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