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X-Man's Super Simple System

  • #261
  • Nov 28, 2011 8:02am Nov 28, 2011 8:02am
Quoting jajano
NY open candle already formed with long body bull... so it means, buyer win??
so is it the right time for open long??
yea.. but i dont like TDI angle. but im in... sl 20.. tp 50. if it ll stuck in resistance.. i ll close.
  • #262
  • Nov 28, 2011 8:06am Nov 28, 2011 8:06am
NY is ranging and the market news is gloomy so I am sitting out this Monday. Maybe later, maybe Tuesday.
  • #263
  • Nov 28, 2011 8:06am Nov 28, 2011 8:06am
Quoting vcary
Raa, what mean w8 please?
thanks
W8 = Wait
  • #264
  • Nov 28, 2011 8:06am Nov 28, 2011 8:06am
Guys i did not take any trade during the NY session.
The reason for this is because the pullback candle happened before the vertical line.
If it took place on the vertical line or 1 candle after then i wouldve went short.
X-man the legendary conqueror of markets
  • #265
  • Nov 28, 2011 8:07am Nov 28, 2011 8:07am
Long E/U at 1.3378... entered a bit early off of M30 chart... saw good price action and TDI bounce there. H1 confirms with cross. Let's see what happens.

Many thx X-Man... love the simple straegy!
Addicted and proud of it!
  • #266
  • Nov 28, 2011 8:08am Nov 28, 2011 8:08am
Quoting piprac
NY is ranging and the market news is gloomy so I am sitting out this Monday. Maybe later, maybe Tuesday.
I agree , on mondays there not enough movement as we expect.
Mondays and fridays are the days where i make the least amount of pips compared to the pips during the week
X-man the legendary conqueror of markets
  • #267
  • Nov 28, 2011 8:08am Nov 28, 2011 8:08am
Quoting Raa
im sorry for my bad english.
Don't worry about it; we're all friends here.
My favorite crochet hook is size J. It's a J-Hook!
  • #268
  • Nov 28, 2011 8:10am Nov 28, 2011 8:10am
We always need to look left of the chart first. What I see is past resistance at a swing high and price is about to touch a big number of 1.3400. Also the TDI is oversold at the 68 level. We also have red news in about 1 hour...
  • #269
  • Nov 28, 2011 8:11am Nov 28, 2011 8:11am
Quoting vcary
Raa, what mean w8 please?
thanks
w8 - wait.. sorry.. my english is bad.
  • #270
  • Nov 28, 2011 8:11am Nov 28, 2011 8:11am
Quoting PiPsAddict
Long E/U at 1.3378... entered a bit early off of M30 chart... saw good price action and TDI bounce there. H1 confirms with cross. Let's see what happens.

Many thx X-Man... love the simple straegy!
Nice 1
A fellow trader that i know uses the 15min chart for his entries.
a 30m Chart will also be good
X-man the legendary conqueror of markets
  • #271
  • Nov 28, 2011 8:13am Nov 28, 2011 8:13am
X-Man and all in this interesting thread, I want to share a version of the Traders Dynamic Index indicator I ever met in the TMS thread. This version is updated with each tick and does not require waiting for the end of each candle to upgrade.
Attached File(s)
File Type: mq4 TDI_RT.mq4   9 KB | 1,085 downloads
Enter Signature
  • #272
  • Nov 28, 2011 8:14am Nov 28, 2011 8:14am
Quoting bluejaye
Tread carefully faithful followers of this guru.
We'll be fine. I used to use a moving average cross plus TDI when I was sniping the 5 minute chart. Appreciate your concern, of course.
My favorite crochet hook is size J. It's a J-Hook!
  • #273
  • Nov 28, 2011 8:14am Nov 28, 2011 8:14am
Quoting robthorp
W8 = Wait
Thanks!
  • #274
  • Nov 28, 2011 8:16am Nov 28, 2011 8:16am
Quoting maudur
X-Man,

I have a question.

What happens when TDI crosses above the blue line? We can only use the 4H Swing trade method when TDI reaches the blue line but does not cross it?

Thank you very much.
This is usually a good trade as TDI pierced the blue bands, so to go short will be a good idea.
But wait a sec, if you go to the daily TF you will see PA bouncing off the bottom of the channel so most probably PA wil try to get on top of the 60EMA and will form an uptrend.
If PA didnt hit the bottom of the daily channel i wouldve went short as the daily is still going down.
X-man the legendary conqueror of markets
  • #275
  • Nov 28, 2011 8:18am Nov 28, 2011 8:18am
Quoting deankenny21
do we have to wait for a TDI confirmed cross up too?
im in, open long, and will close the trade after 2 candle.
  • #276
  • Nov 28, 2011 8:22am Nov 28, 2011 8:22am
Great share X-Man... Let me take a look at this system reeeaaaallly slowly... :nerd:
  • #277
  • Nov 28, 2011 8:24am Nov 28, 2011 8:24am
Quoting X-Man
This is usually a good trade as TDI pierced the blue bands, so to go short will be a good idea.
But wait a sec, if you go to the daily TF you will see PA bouncing off the bottom of the channel so most probably PA wil try to get on top of the 60EMA and will form an uptrend.
If PA didnt hit the bottom of the daily channel i wouldve went short as the daily is still going down.
X-Man, thank you very much. I always forget to see other time frames. It is very important and I will consider. Thank you very much.
Enter Signature
  • #278
  • Nov 28, 2011 8:25am Nov 28, 2011 8:25am
Another thing is that before any of you guys start trading live i want to to demo this system properly and do not start live until you very confident.
Just now someone will come here and say WATCH OUT FOR THIS GURU coz he will make you lose your money LOL
X-man the legendary conqueror of markets
  • #279
  • Nov 28, 2011 8:26am Nov 28, 2011 8:26am
Quoting X-Man
Guys i did not take any trade during the NY session.
Thanks. I'm sitting on the sidelines too. Nice to have confirmation that that decision was shrewd, not cowardly.
My favorite crochet hook is size J. It's a J-Hook!
  • #280
  • Nov 28, 2011 8:43am Nov 28, 2011 8:43am
eu all time stuck in resistance.. and bounce back few pips :/
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