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  • #201
  • Nov 28, 2011 3:22am Nov 28, 2011 3:22am
Quoting X-Man
Yip thats correct
Thank you X-Man! Green pips to everyone!

As i'm using the H4 strategy. I'll be posting my set up:

Entry should be somewhere around 0.9800 or when 4EMA crosses above 60EMA.
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  • #202
  • Nov 28, 2011 3:22am Nov 28, 2011 3:22am
Quoting FXBackTest
Your waiting for the HA candle to touch the vertical line, not another vertical line to intersect it.
Thank you, but look, HA candle is vertical forming, either up or down.. that's what I mean, and the touch to a vertical line can not be met in this explanation rule.

Edd
  • #203
  • Nov 28, 2011 3:26am Nov 28, 2011 3:26am
Quoting X-Man
I closed my trade for 60pips.
Made a loss of 10 pips by going short too early
So i have 50pips for a few hours work.
i'll be back at the NY session to make more pips.

According to the rules that you posted in post one, I never would have taken the long trade you got your 50 pips on. So does the situation that just happen add a new rule to the system?

I'm not criticizing you in any way, just trying understand this scenario in relation to the original rules.

Congrats on the 50 pips by the way
  • #204
  • Nov 28, 2011 3:48am Nov 28, 2011 3:48am
Quoting X-Man
I closed my trade for 60pips.
Made a loss of 10 pips by going short too early
So i have 50pips for a few hours work.
i'll be back at the NY session to make more pips.
Da*n.... I didn't refresh my TDI, did not know it was already crossed. I'll see you again before NYO. Congrats for the Pips!
  • #205
  • Edited 4:55am Nov 28, 2011 3:49am | Edited 4:55am
entered long (london session)... easy 50pips.

reason why i think we should mark vertical lines mark on london and ny starts.. is
on these sessions starts.. flow in very much money.. so.. we can see where PA is going.. if sellers is more than buyers.. PA is going down.. so we can jump in and get 40-50 pips.. when london start.. we just need to a lil bit w8.. where PA ll be going.. and jump in... its works 70-80%.. you can do backtest...

and mark vertical lines 2h before london and ny sessions does not sense.

anyway.. its only my opinion.. i rlly want to say ty for sharing Xman.. and if its work for u (when u mark lines 2h faster) than its okey...

happy pipiiiin'...
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  • #206
  • Nov 28, 2011 3:53am Nov 28, 2011 3:53am
Hello X-Man,

I am a big fan of the TMS system and have read through the entire thread and I am very excited to have caught this one from the beginning. I am looking forward to becoming a part of this from the start. I have been studying the Forex for many years, though not as a professional trader. I have made every noob mistake in the book...twice. I have developed a very sound MM plan and set some very solid goals for myself that span the next five years and between the TMS system and this one, I think I have found the remaining peices of my puzzle so thank you for starting this thread and putting in the work to share your knowledge. I promise you that I won't ask any questions without putting in the work on my end. I look forward to interacting with all of you.

Happy pipping from Boston!!
  • #207
  • Nov 28, 2011 3:54am Nov 28, 2011 3:54am
Guys there is no new rule to the system, I have mentioned before that it is based on my experience that i executed the trade just before the TDI cross.

Do 300 demo trades and measure your success from there, by then you will have a good background of experience and confidence (with lots of back testing)
By the time you finish with the 300 trades you will be knowing the formation of candles and the pullbacks that occurs as well as when there will be a bounce trade on TDI
X-man the legendary conqueror of markets
  • #208
  • Nov 28, 2011 4:10am Nov 28, 2011 4:10am
So it is not a simple system at all then is it? Apart from the the rules one has to use subjective decisions? In a matter of seconds one changes one's mind and go from "sell" to "buy" ? Very confusing indeed. Very fishy also. Tread carefully faithful followers of this guru. I think he means well but he will cost you money
  • #209
  • Nov 28, 2011 4:23am Nov 28, 2011 4:23am
Quoting X-Man
Guys there is no new rule to the system, I have mentioned before that it is based on my experience that i executed the trade just before the TDI cross.

Do 300 demo trades and measure your success from there, by then you will have a good background of experience and confidence (with lots of back testing)
[size=3][color=blue]By the time you finish with the 300 trades you will be knowing the formation of candles and the pullbacks that occurs as...
X-man,

Thank you for your post above. I am still strying to figure in relation to your rule #1 & #2- which is the object of my clarification. Since you mentioned TD1 Cross above, then this is quite different in meaning. Sorry but I am just new to your thread and never read Big E thread as well. Should you clarify further your rules with regards to this one, would be much appreciated.

God Bless you.

Edd
  • #210
  • Nov 28, 2011 4:25am Nov 28, 2011 4:25am
Quoting Raa
entered long (london session)... easy 50pips.

reason why i think we should mark vertical lines mark on london and ny starts.. is
on these sessions starts.. flow in very much money.. so.. we can see where PA is going.. if sellers is more than buyers.. PA is going down.. so we can jump in and get 40-50 pips.. when london start.. we just need to a lil bit w8.. where OA ll be going.. and jump in... its works 70-80%.. you can do backtest...

and mark vertical lines 2h before london and ny sessions does not sense.

anyway.. its only my opinion.....
looks like i will mark the true time of the market opening as well
  • #211
  • Nov 28, 2011 4:30am Nov 28, 2011 4:30am
Quoting jajano
looks like i will mark the true time of the market opening as well
its logical. coz in these lines.. flow in very very very much money.. and PA is moving... we need to only jump in. :]
  • #212
  • Edited 5:18am Nov 28, 2011 4:52am | Edited 5:18am
Quoting bluejaye
So it is not a simple system at all then is it? Apart from the the rules one has to use subjective decisions? In a matter of seconds one changes one's mind and go from "sell" to "buy" ? Very confusing indeed. Very fishy also. Tread carefully faithful followers of this guru. I think he means well but he will cost you money
Thanks for the warning
By all means i do not force anyone to follow this thread.
Theres so many other systems on this forum go ahead and follow who ever you want.
X-man the legendary conqueror of markets
  • #213
  • Nov 28, 2011 4:54am Nov 28, 2011 4:54am
hi buddy X-man,

I´ve read through all posts till page 10. I apologize your great work and effort buddy and I will back test your methology today.

What looks promising to me: it has clearer rules that the original TMS - both systems are great nevertheless!

I will keep you with my success up!

Stay tuned,
smash
  • #214
  • Nov 28, 2011 4:57am Nov 28, 2011 4:57am
I have marked the chart with 2 arrows.
The first arrow you couldve entered on the close of that candle based on experience
The 2nd arrow you can enter after the TDI cross and wouldve also made around 50 pips.
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X-man the legendary conqueror of markets
  • #215
  • Nov 28, 2011 4:59am Nov 28, 2011 4:59am
I don't think the negativity is warranted, X-Man has posted lots of useful posts in the TMS thread and has the endorsement of many veterans.

X-Man: While I don't think that trade you just posted followed your rules earlier in the thread, I am hardly going to write off the whole system because of that. Anyone pulling in 1000+ pips a month trading full time deserves to be listened to.

I think the main problem is that you have posted a very simple set of rules (like big e did with TMS), but then so early in the thread have posted a trade that doesn't follow them.

I'm going to keep following this thread, its all very interesting. I also think your starting to experience the frustration that all new trading system thread starters face haha
  • #216
  • Nov 28, 2011 5:04am Nov 28, 2011 5:04am
The guys from the trading made simple thread have a better understanding.
So if the rules and the method is a bit of blurry then i recommend this :

1. babypips.com
2. Trading made simple thread in this forum by eelfranz
3. videos regarding TDI by dean malone on compass FX
4. read trading in the zone by mark doughlas
5. X-mans S3

this thread developed from trading made simple thread thats where my success started. My thread is more refined and precise.
X-man the legendary conqueror of markets
  • #217
  • Nov 28, 2011 5:10am Nov 28, 2011 5:10am
Quoting FXBackTest
I don't think the negativity is warranted, X-Man has posted lots of useful posts in the TMS thread and has the endorsement of many veterans.

X-Man: While I don't think that trade you just posted followed your rules earlier in the thread, I am hardly going to write off the whole system because of that. Anyone pulling in 1000+ pips a month trading full time deserves to be listened to.

I think the main problem is that you have posted a very simple set of rules (like big e did with TMS), but then so early in the thread have posted a trade that doesn't...


Thanks FX backtest.
to the fellow traders if you did follow the exact rules then if you look at the chart i just posted. take out the first arrow and enter on the close of the first blue candle and the TDI cross which is the second arrow then you couldve made a nice 40 to 50 pips.
X-man the legendary conqueror of markets
  • #218
  • Nov 28, 2011 5:13am Nov 28, 2011 5:13am
So would it be fair to say then any good TMS entry between after the vertical lines should be taken on this method? (assuming its not right before the NY open)

Given that you need to close before the NY vertical line, obviously the best trades to take will be as close to the London open as possible.
  • #219
  • Nov 28, 2011 5:16am Nov 28, 2011 5:16am
Quoting FXBackTest
So would it be fair to say then any good TMS entry between after the vertical lines should be taken on this method? (assuming its not right before the NY open)

Given that you need to close before the NY vertical line, obviously the best trades to take will be as close to the London open as possible.
yip thats correct
X-man the legendary conqueror of markets
  • #220
  • Nov 28, 2011 6:06am Nov 28, 2011 6:06am
X-man -just to say great thread and please ignore the negativity. It is so depressing when people feel the need to be negative - if they have nothing positive to say then they should say nothing
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