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  • #321
  • Nov 29, 2011 12:50am Nov 29, 2011 12:50am
Quoting geosanuy
Good for you, but Leonardo di Pisa's or Mr. Fibonacci as you call him, main contribution was in translating and adapting the work of Arab mathematician's from many years before his time, valuable contribution to be sure, but not all his original work.
And no, I am not an Arab.
Always enjoyed history and economics, thank-you...but I've missed the relevance to this thread.
Enter Signature
  • #322
  • Nov 29, 2011 12:52am Nov 29, 2011 12:52am
Quoting vcary
Hello X-Man,
When the euro was in strong movement during the Asian session, as this morning, how do you find the entries for
the trades, if there is no crossing tdi? On rebound, or by switching to 15 minutes?
It is usually difficult for me
Thanks
vcary
well i seen this happen before and i usually sit it out, the reason for this is because PA already took off in the earlier hours, if you dont want to sit it out then just wait for a cross or a bounce on TDI then take your trade accordingly.
the momentum usually lasts 4 to 8 candles of the same color.
So you can see its reaching 8 candles so that momentum will break soon which will give us a cross or it will just slow down and start again in the same direction which will give us a bounce on TDI
X-man the legendary conqueror of markets
  • #323
  • Nov 29, 2011 12:55am Nov 29, 2011 12:55am
Quoting X-Man
You are spot on, there is no such thing as a holy grail and people still look for it. I think every trader should make himself or herself into a holy grail by getting enough experience and mastering their system.
When traders go to other systems you will notice ....
Happy pippin to all you traders.
Very well put X-Man.
Your share is appreciated!
Let us see how the London session reveals herself...
Enter Signature
  • #324
  • Nov 29, 2011 12:58am Nov 29, 2011 12:58am
Quoting singth
hello...about to have a nap..but jus noticed on th ff calendar that we are expecting some major news to come out of london at 7am (gmt) now, would it be safe and rational to assume that instead of waiting for the 6am candle to finish forming we naturally wait for the 7am candle to finish forming even if we get an entry signal on the close of the 6am candle..

Thanks..
Guys you are allowed to trade any cross during the london session but my rules dont say that as i keep it safe but at time i will trade it. Go to trading made simple to see how to trade other crosses and bounces at any other time during the london session. try not to trade in the asian session as there is not much volatility there
X-man the legendary conqueror of markets
  • #325
  • Nov 29, 2011 12:58am Nov 29, 2011 12:58am
Quoting X-Man
well i seen this happen before and i usually sit it out, the reason for this is because PA already took off in the earlier hours, if you dont want to sit it out then just wait for a cross or a bounce on TDI then take your trade accordingly.
the momentum usually lasts 4 to 8 candles of the same color.
So you can see its reaching 8 candles so that momentum will break soon which will give us a cross or it will just slow down and start again in the same direction which will give us a bounce on TDI
Thank you X-Man and good trades!
  • #326
  • Nov 29, 2011 1:04am Nov 29, 2011 1:04am
Seems like a bearish run. Still waiting for TDI to cross before entry.
  • #327
  • Nov 29, 2011 1:05am Nov 29, 2011 1:05am
a nice tip is that if TDI is in the 68 zone then you dont take long trades .
When TDI is in the 32 zone you dont take short trades.
There are times where PA will go short when in the 32 zone or go long in the 68 zone.
X-man the legendary conqueror of markets
  • #328
  • Nov 29, 2011 1:08am Nov 29, 2011 1:08am
Quoting X-Man
a nice tip is that if TDI is in the 68 zone then you dont take long trades .
When TDI is in the 32 zone you dont take short trades.
There are times where PA will go short when in the 32 zone or go long in the 68 zone.
Thank you X-Man for the tips! Keep them coming if you are available to post them!
  • #329
  • Nov 29, 2011 1:31am Nov 29, 2011 1:31am
If u want to read something really scary check this out whilst you're waiting for a trade set up on what might happen to the euro:http://image.guardian.co.uk/sys-file...Eurogeddon.pdf
  • #330
  • Nov 29, 2011 1:42am Nov 29, 2011 1:42am
Quoting sprabhu
A Nice & Simple Strategy with Clean chart.
Attached an Indi which plots Market Open Hrs on your chart automatically,
Green Pips For All.
Sprabhu
It plots the vertical lines no problem, but I think the wording "automatically" is misleading as each user will still have to manually adjust the time inputs as it does not automatically do this for you.
It takes a lot for me to IGNORE you, but you can try.
  • #331
  • Nov 29, 2011 1:46am Nov 29, 2011 1:46am
Quoting Erebus
It plots the vertical lines no problem, but I think the wording "automatically" is misleading as each user will still have to manually adjust the time inputs as it does not automatically do this for you.

You Are right, depending on the broker time u need to modify the indi.

Regards,
Sprabhu
  • #332
  • Nov 29, 2011 1:50am Nov 29, 2011 1:50am
I lost all trades i place using this system. I want to know if anybody experience the same thing or got a different result?
  • #333
  • Nov 29, 2011 1:53am Nov 29, 2011 1:53am
Quoting X-Man
My platform shows GMT so as i said mark 6:00 and 12:00 both these times are GMT which is 6:00 GMT and 12:00 GMT


X-man, please did you trade the 6:00,12:00 system yesterday? i lost all my trades. I want to know what i did wrongly because i use live accounts for testing strategies. Thanks again
  • #334
  • Nov 29, 2011 2:01am Nov 29, 2011 2:01am
guys i just want to say that if you guys traded the bounces off the daily SHI channel in the 4H TF you would be printing those dollars.

I calculated that you couldve made atleast 1220 pips in a matter of 10 days.
X-man the legendary conqueror of markets
  • #335
  • Nov 29, 2011 2:03am Nov 29, 2011 2:03am
Quoting X-Man
guys i just want to say that if you guys traded the bounces off the daily SHI channel in the 4H TF you would be printing those dollars.

I calculated that you couldve made atleast 1220 pips in a matter of 10 days.
That depends on where ur entry is X-Man.

Ive queued for a short entry for E/U at 1.3341
  • #336
  • Nov 29, 2011 2:04am Nov 29, 2011 2:04am
Quoting easy123
X-man, please did you trade the 6:00,12:00 system yesterday? i lost all my trades. I want to know what i did wrongly because i use live accounts for testing strategies. Thanks again
Post me your chart so i can have a look at it
X-man the legendary conqueror of markets
  • #337
  • Nov 29, 2011 2:06am Nov 29, 2011 2:06am
Just wanted to chime in here that I took a short position
on the eur/usd on the London open. So far I'am up $6.00
so far so good...

snarlyjack
  • #338
  • Nov 29, 2011 2:07am Nov 29, 2011 2:07am
Quoting f3iyun
That depends on where ur entry is X-Man.

Ive queued for a short entry for E/U at 1.3341
Why would you want to go short on E/U when its bouncing off the daily channel and will most probably start an uptrend?
Could you explain more?
I would most probably go long at 1.33079 with a SL of 100 pips
Here im discussing the swing trade on 4H and not the 1H method so guys dont get confused
X-man the legendary conqueror of markets
  • #339
  • Nov 29, 2011 2:10am Nov 29, 2011 2:10am
Quoting X-Man
Why would you want to go short on E/U when its bouncing off the daily channel and will most probably start an uptrend?
Could you explain more?
I would most probably go long at 1.33079 with a SL of 100 pips
Here im discussing the swing trade on 4H and not the 1H method so guys dont get confused
X-Man, i'm shorting based on the E/U H1 chart. As TDI green has crossed red. Please correct me if i'm wrong.
  • #340
  • Nov 29, 2011 2:10am Nov 29, 2011 2:10am
X-MAN, 1h.TDI have crossed now, should we wait for close of 1h.candle before open a trade? Thank you
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