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  • #1,001
  • Dec 6, 2011 7:30am Dec 6, 2011 7:30am
Xman,

Thanks again for all your help.

Looking at this swing trade shaping up. Showing the daily channel seems to be reacting to the ema. Zoomed into 4h channel and looks like nice spot for bounce. Waiting for tdi to cross.

I'm I seeing this correctly?

Thanks again,
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  • #1,002
  • Dec 6, 2011 7:33am Dec 6, 2011 7:33am
Quoting juliant
short on E/U 1.3393
I got my short on a discount , got it at 1.3400
Was going on sale
X-man the legendary conqueror of markets
  • #1,003
  • Dec 6, 2011 7:35am Dec 6, 2011 7:35am
Quoting maudur
Congratulations. Good trade, but I need to clarify something, your Risk/Reward was not 39/50, was your account balance/50, Please be more cautious.
Yes, you are totally right, my mistake

I'm setting an EA in order to close all trades when loss of 50 pips is hit


Thanks for pointing this out
let's skype: @elchinoazul
  • #1,004
  • Dec 6, 2011 7:35am Dec 6, 2011 7:35am
Quoting X-Man
I got my short on a discount , got it at 1.3400
Was going on sale
What are you targeting or are you just watching PA on minute chart?
  • #1,005
  • Dec 6, 2011 7:36am Dec 6, 2011 7:36am
Quoting spyderman
Xman,

Thanks again for all your help.

Looking at this swing trade shaping up. Showing the daily channel seems to be reacting to the ema. Zoomed into 4h channel and looks like nice spot for bounce. Waiting for tdi to cross.

I'm I seeing this correctly?

Thanks again,
Yip that look like promising set up, as you can also see the the TDI has broken the bottom of the blue band
X-man the legendary conqueror of markets
  • #1,006
  • Dec 6, 2011 7:37am Dec 6, 2011 7:37am
Quoting X-Man
Yip that look like promising set up, as you can also see the the TDI has broken the bottom of the blue band
lightbulb moment
  • #1,007
  • Dec 6, 2011 7:38am Dec 6, 2011 7:38am
Quoting X-Man
I got my short on a discount , got it at 1.3400
Was going on sale
Hi Xman can i ask why you went short at 1.3400 On my chart the TDI green hasn't crossed the red yet ??
  • #1,008
  • Dec 6, 2011 7:39am Dec 6, 2011 7:39am
Quoting juliant
What are you targeting or are you just watching PA on minute chart?
I dont really have set targets for the 1H method.
Ill prefer taking 50 to 100 pips but at times you will see that PA dont make it for example yesterday then i just closed at 30 pips.
X-man the legendary conqueror of markets
  • #1,009
  • Dec 6, 2011 7:44am Dec 6, 2011 7:44am
Quoting X-Man
I got my short on a discount , got it at 1.3400
Was going on sale

What make you to take this trade? Imean there is not TDI signal...! Can you show the trade chart?
  • #1,010
  • Dec 6, 2011 7:48am Dec 6, 2011 7:48am
Quoting kijkij
What make you to take this trade? Imean there is not TDI signal...! Can you show the trade chart?


Who wants a chance explaining to the fellow trader why we took the trade?
X-man the legendary conqueror of markets
  • #1,011
  • Dec 6, 2011 7:51am Dec 6, 2011 7:51am
Quoting X-Man
Guys view this 4H chart
Notice all the arrows on the PA as well as TDI, those are the things i look for before entering
To enter short?
  • #1,012
  • Dec 6, 2011 7:51am Dec 6, 2011 7:51am
I think it was that reversal candle, which looks like the shooting star formation candle. So X-Man knew that price was headed the other way. I think that's right what do you say X-Man?

Quoting X-Man


Who wants a chance explaining to the fellow trader why we took the trade?
  • #1,013
  • Dec 6, 2011 7:53am Dec 6, 2011 7:53am
Quoting X-Man


Who wants a chance explaining to the fellow trader why we took the trade?
PA strong, candle reversal, pullback, triangle, M15 OK
  • #1,014
  • Dec 6, 2011 8:01am Dec 6, 2011 8:01am
Out with 30 pips
  • #1,015
  • Dec 6, 2011 8:02am Dec 6, 2011 8:02am
Quoting Wbm
I think it was that reversal candle, which looks like the shooting star formation candle. So X-Man knew that price was headed the other way. I think that's right what do you say X-Man?
Yip thats correct buddy

X-man the legendary conqueror of markets
  • #1,016
  • Dec 6, 2011 8:03am Dec 6, 2011 8:03am
X-man if you entered 1.3390 then the tdi didn`t crossed yet?
Why did you enter? Because of the bounce at the 60ema on the h4?
  • #1,017
  • Dec 6, 2011 8:11am Dec 6, 2011 8:11am
Quoting X-Man
Well look for this:
If PA is above the 60EMA that means we in an uptrend right?
So look at your TDI, when the Green line touches or breaks through the bottom blue bands then you wait for an upward cross over to enter long.

Thats the key

The opposite will apply to downtrend
Hello,

Looking at the potential swing trades charts you posted on post #876, here http://www.forexfactory.com/showthre...52#post5195652

I don't see the green line touching or breaking through the bottom blue bands. How is it a valid trade set up? I see you entered long. Can anyone answer this please.

Thanks!
  • #1,018
  • Dec 6, 2011 8:12am Dec 6, 2011 8:12am
Quoting Wbm
I think it was that reversal candle, which looks like the shooting star formation candle. So X-Man knew that price was headed the other way. I think that's right what do you say X-Man?
Quoting X-Man
Yip thats correct buddy
Thanks both of you.

X - Man I have a little request if possible. If you post the trade reason with your trade then it will not make any confusion for me because I am learning your S3.

Many thanks for time and nice concept of trading.
  • #1,019
  • Dec 6, 2011 8:13am Dec 6, 2011 8:13am
Quoting Robst3r
X-man if you entered 1.3390 then the tdi didn`t crossed yet?
Why did you enter? Because of the bounce at the 60ema on the h4?
I went short because of the reversal (pullback candle)
there was absolutely no thinking involved.
I dont look at the 4H chart when trading 1H method.

Guys do youll read my posts? because i mentioned this so many times.
Theres not even 100 pages and you guys are forgetting what im saying.
It feels that youll not reading a single post of mine.
X-man the legendary conqueror of markets
  • #1,020
  • Dec 6, 2011 8:20am Dec 6, 2011 8:20am
Sorry i know about the pullback candles! You are absolutely right! I did read all the pages and still asking a stupid question!

This morning there was also a pullback and i said it over here! So i know about it!

My excuse!

Greets
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