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  • #561
  • Dec 1, 2011 12:26pm Dec 1, 2011 12:26pm
I just started this fabulous system this week on the 28th of nov.

Pips for Nov then would be + 462
Pips lost..........................- 14
Total made......................+ 448 (3 days of trading)

Already up +93 since overnight. Funny thing is I havn't even been able to trade the 1Hr method yet. The above pips are from short swinging the 4hr and also using the daily.

Thanks X-Man!
  • #562
  • Dec 1, 2011 1:07pm Dec 1, 2011 1:07pm
swing tading is goldmine.
  • #563
  • Dec 1, 2011 2:18pm Dec 1, 2011 2:18pm
Quoting X-Man
since its the start of a new month i would like to give my report for the month of November:

Pips won for the month : 2157
Pips lost for the month : 325
Total pips for the month of November : 1832
Hi Xman,

would the attched be a good set up for a swing trade? the only thing i see though is the PA is above the 6oema.

Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 15 KB
  • #564
  • Dec 1, 2011 2:24pm Dec 1, 2011 2:24pm
Is EUR/GBP a short on 4hour now? Took a short @ 0.85800 with
SL @ 0.86700. Is this correct use of 4hour strategy? Or should i wait for a red synergy bar on the 4hour first?
  • #565
  • Dec 1, 2011 2:25pm Dec 1, 2011 2:25pm
Quoting davlo
Hi Xman,

would the attched be a good set up for a swing trade? the only thing i see though is the PA is above the 6oema.

Attachment
You could put a Sell Stop below the low of the 1st red candle or even more conservatively below the 60ema.
  • #566
  • Dec 1, 2011 2:29pm Dec 1, 2011 2:29pm
Quoting piprac
You could put a Sell Stop below the low of the 1st red candle or even more conservatively below the 60ema.
do you mean to take profit at below the first red candle?
  • #567
  • Dec 1, 2011 2:34pm Dec 1, 2011 2:34pm
Quoting davlo
Hi Xman,

would the attched be a good set up for a swing trade? the only thing i see though is the PA is above the 6oema.

Attachment
why u want to trade against trend?? if only u want to get some pips on pullback... i dont trade against trend long term strategys ;]

im gonna wait for bounce from 60ema. ;]
  • #568
  • Dec 1, 2011 2:44pm Dec 1, 2011 2:44pm
Quoting Raa
why u want to trade against trend?? if only u want to get some pips on pullback... i dont trade against trend long term strategys ;]

im gonna wait for bounce from 60ema. ;]
Thanks Raa,
  • #569
  • Dec 1, 2011 2:48pm Dec 1, 2011 2:48pm
I think you're TF on your channel might be incorrect as far as Xman's suggestions are concerned. It looks like the channel is for the 4H TF where I think he recommends having the daily channel show on the 4H chart. In that case you would actually be at the bottom part of the channel.

Of course I could be completely wrong on this.
  • #570
  • Dec 1, 2011 2:58pm Dec 1, 2011 2:58pm
Quoting spyderman
I think you're TF on your channel might be incorrect as far as Xman's suggestions are concerned. It looks like the channel is for the 4H TF where I think he recommends having the daily channel show on the 4H chart. In that case you would actually be at the bottom part of the channel.

Of course I could be completely wrong on this.

thanks i think this is right now

Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 16 KB
  • #571
  • Dec 1, 2011 3:10pm Dec 1, 2011 3:10pm
Quoting spyderman
I think you're TF on your channel might be incorrect as far as Xman's suggestions are concerned. It looks like the channel is for the 4H TF where I think he recommends having the daily channel show on the 4H chart. In that case you would actually be at the bottom part of the channel.

Of course I could be completely wrong on this.
Don't want to speak out of turn, but apparently X uses the 4 hour channel on the 4 hour chart, while espousing use of the daily channel.

He said he does not change the timeframe on indicator and did not appear to understand what you were referring to when you explained the process of using daily on 4 hour. JMHO.
  • #572
  • Dec 1, 2011 3:32pm Dec 1, 2011 3:32pm
Hi all,

How do you set the HSI channel to daily while looking at H4 charts? Whenever I change the Time Frame it will pop up with the alert box saying somethings changed. Eg. If you look at Daily AUD/USD, Daily SHI channel is on and up trend, but if you switch to 4H it will become a flat trend.

Can someone clarify this for me? Is my SHI channel settings wrong? Any help is much appreciated.

Thanks

Hilary
  • #573
  • Dec 1, 2011 3:35pm Dec 1, 2011 3:35pm
Quoting X-Man
Guys heres a nice target sheet to set your goals for the month , just a guideline of where you heading
Just enter your capital and the percentage of profit you want per month
7% is the magic number, just watch this

Inserted Video


of course if you make more, that is great
It takes a lot for me to IGNORE you, but you can try.
  • #574
  • Dec 1, 2011 3:40pm Dec 1, 2011 3:40pm
Quoting alteclansing
Hi all,

How do you set the HSI channel to daily while looking at H4 charts? Whenever I change the Time Frame it will pop up with the alert box saying somethings changed. Eg. If you look at Daily AUD/USD, Daily SHI channel is on and up trend, but if you switch to 4H it will become a flat trend.

Can someone clarify this for me? Is my SHI channel settings wrong? Any help is much appreciated.

Thanks

Hilary
If X is driving Lamborghini's doing what he is doing, might be wise to do as he does and I believe he is using the 4 hour channel. His 4 hour charts show the 4 hour channel..
  • #575
  • Dec 1, 2011 3:42pm Dec 1, 2011 3:42pm
Quoting alteclansing
Hi all,

How do you set the HSI channel to daily while looking at H4 charts? Whenever I change the Time Frame it will pop up with the alert box saying somethings changed. Eg. If you look at Daily AUD/USD, Daily SHI channel is on and up trend, but if you switch to 4H it will become a flat trend.

Can someone clarify this for me? Is my SHI channel settings wrong? Any help is much appreciated.

Thanks

Hilary
Go into the input data for the indicator and set time frame to 1440. Also see post #16 on page two of this thread.
  • #576
  • Dec 1, 2011 3:43pm Dec 1, 2011 3:43pm
Quoting wrenski
Go into the input data for the indicator and set time frame to 1440.

the 1440 imput is what he is using as evidenced by his charts
  • #577
  • Dec 1, 2011 3:44pm Dec 1, 2011 3:44pm
Quoting alteclansing
Hi all,

How do you set the HSI channel to daily while looking at H4 charts? Whenever I change the Time Frame it will pop up with the alert box saying somethings changed. Eg. If you look at Daily AUD/USD, Daily SHI channel is on and up trend, but if you switch to 4H it will become a flat trend.

Can someone clarify this for me? Is my SHI channel settings wrong? Any help is much appreciated.

Thanks

Hilary
Can you be more specific?

There are at least 3 SHI indicators posted that I know of in this thread alone, they all do the same but the SHI Channel True does not have settings to display Daily on other timeframes
Attached Image (click to enlarge)
Click to Enlarge Name: shi_3.png Size: 171 KB
It takes a lot for me to IGNORE you, but you can try.
  • #578
  • Dec 1, 2011 3:53pm Dec 1, 2011 3:53pm
Looks like the Sonic Shi Channel is the indicator of choice; to display the Daily Channel on the 4 Hour chart, follow the settings shown below

Note that Timeframe setting on Inputs is where the channel obtains readings, while Visualization selects which charts you will see the indicator displaying the chosen values.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: shi_set_1.png Size: 194 KB
Click to Enlarge Name: shi_set_2.png Size: 133 KB
It takes a lot for me to IGNORE you, but you can try.
  • #579
  • Dec 1, 2011 3:55pm Dec 1, 2011 3:55pm
The Sonic SHI Channel MTF is the one you can adjust on the input parameters.

Quoting redhouse
If X is driving Lamborghini's doing what he is doing, might be wise to do as he does and I believe he is using the 4 hour channel. His 4 hour charts show the 4 hour channel..
Redhouse...I totally agree with you about following Xman's method. It does seem however that he has shown his charts both ways. Notice what he said on post #16

Quoting X-Man
[color=Blue][size=3]Guys if you want to keep you trades running for weeks then set your SHI channel to the daily TF
Then you will notice that when you go to the 4 H TF the daily channel will still hold. I have posted an example of E/U
The red arrows are places of entry because PA bounces of the SHI channel and then trend changes.
This is what i prefer doing as this show me where PA is heading.

If you sell the Tops on the downtrend then your SL will rarely be hit and the opposite will go for an uptrend.
Study the chart i posted and notice the...
And on the chart he has attached you can see the daily channel on the 4H.

I believe his thought is if you use the daily you can expect some long trade runs for big pips...

Maybe when he's up he'll clarify...
  • #580
  • Dec 1, 2011 4:06pm Dec 1, 2011 4:06pm
looks like we have a swing trade per the rules, what do guys think

Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 17 KB
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