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  • #1,081
  • Dec 6, 2011 11:54pm Dec 6, 2011 11:54pm
Quoting shahrooz67
Guys ( XMan-sss) followers
i am almost done with my calcs but there are problems with my indicator processing , it takes huge times to calculate .there for there are heavy loads on the PC and there for boooof >>>> low speed ! the pic is attached , there are three seperate windows indics as you see !
first stoch ! 2nd my indic called $shah trend and the final TDI ! ok

i need a phisically shaped indicator like the $shah trend indic in MQ4 format to Copy the flowchart which it uses ( i am not a proffesional Coder) couz...
Hey there my math friend

I would like to know if your system only works on the 15m chart?
For me theres too many indicators .
I love to monitor PA mostly.
The more indicators there are the more i get confused and cause me to make wrong decisions.
X-man the legendary conqueror of markets
  • #1,082
  • Dec 7, 2011 12:04am Dec 7, 2011 12:04am
Quoting Phx62
FYI Be very cautious with your TP and SL for the rest of this month. Many of the 'big boys" take two or three weeks off around the end of the year and go on "holiday." As a result, PA suffers and the pairs don"t move as much. I have reduced my initial TP on the H1 EU from 50 pips to 40 pips for the rest of December. I may reduce it even more if the PA is slow or trade the M15 chart for 15 or 20 pips at a time.
I got in on one H1 trade an hour after the London Open, for 40 pips today.
I also agree, thats why we havent seen big moves in PA.
Im also taking a nice holiday with the big boys
I think from next year i will be taking the entire december as holiday.
Any ideas where i should go? hawaii, paris , dubai, puket, bahamas etc etc
To be a forex trader your dreams come true so quickly. lol
X-man the legendary conqueror of markets
  • #1,083
  • Dec 7, 2011 12:08am Dec 7, 2011 12:08am
Quoting spyderman
Entered E/J long on the 4H swing mentioned earlier.
Will see where it goes.
Guys as krypty and phx62 has mentioned that december time theres no real direction of the market and the market starts to move slow , so personally i would keep out of swing trades because everyone going on holiday so the swing trading will be risky during the december period.
X-man the legendary conqueror of markets
  • #1,084
  • Dec 7, 2011 12:08am Dec 7, 2011 12:08am
live trading

sell eurusd h1

any comment?


Attached Image (click to enlarge)
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  • #1,085
  • Dec 7, 2011 12:09am Dec 7, 2011 12:09am
Quoting justinforex
Hi Phx62,

May i know why u din choose to take the trade at 'A' as show on the attachment?

TQ

Attachment

X-Man gave his views on this setup in post 930 - he waits until the candle after the first vertical line
  • #1,086
  • Dec 7, 2011 12:12am Dec 7, 2011 12:12am
Quoting amiralifx
live trading

sell eurusd h1

aby comment?

We're 2 hours from London open...did your back testing of the S3 method indicate a high success rate this much prior to London's open?
Enter Signature
  • #1,087
  • Dec 7, 2011 12:14am Dec 7, 2011 12:14am
Quoting Waqs
X-Man,

First of all thank you very much for sharing your system with the community. I've learnt a lot going through this thread!

Do you do your backtesting manually I.E you just scroll back on the chart to a random date? Or do you use a simulator? I'm interested in practising with historical data however in a simulated environment (price moves as if it was live). Was hoping someone could provide insight.

Thanks!


EDIT: Found the strategy tester in metatrader 4 which allows me to pick any date I want. Also loaded template into the visual. However...
well I back test manually , i go back to the beginning of a certain month and then slow analyze PA and TDI and write down what i see as the most common thing thats happening everyday and i write down how many pips i lost and how many i made. So far not 1 month gave me negative pips. every month gave me 500 to 1500 pips a month just on the E/U 1H method.
X-man the legendary conqueror of markets
  • #1,088
  • Dec 7, 2011 12:20am Dec 7, 2011 12:20am
Quoting amiralifx
Thanks X - Man for your s3 system .

please look at today chart at eurusd h1.

Attachment

i entered at begining of blue candel but sl with -30 pips. (no.1)


then i enterded at begining blue candel (no.2) because green tdi crossed red tdi but sl with -40 pips.


please help me and comments ?

thanks . good luck
ok i understand why you went long on the first blue candle , thats understanderble.
But what made you go short on candle 2? thats a pullback so you suppose to go long.
if you went long you would have made around 40 pips.
Just remember this, just say PA is moving down then you see a pull back candle (that means continues down but pulled back and the close went above the open for around 10 to 15 pips, which causes a long bottom wick.
Then you must go long.
now the opposite thing will happen when PA is moving up then you go short.

Thats why i keep telling traders to have their bar chart selected to they can see the open and close of a candle on the synergy bar
X-man the legendary conqueror of markets
  • #1,089
  • Dec 7, 2011 12:21am Dec 7, 2011 12:21am
Quoting SmokeyD
We're 2 hours from London open...did your back testing of the S3 method indicate a high success rate this much prior to London's open?

i draw verticall line in 6.00 and 12.00. its uncorrected?
  • #1,090
  • Dec 7, 2011 12:31am Dec 7, 2011 12:31am
Quoting amiralifx
i draw verticall line in 6.00 and 12.00. its uncorrected?
The times on your MT4 platform are broker dependent. You HAVE to know when the sessions start. As I mentioned once before, if you Google "world time zones" you get 1.4 million pages in the search result.
The S3 methodology is to "monitor" 1-2 hours prior to session open. Right now your decision does not look bad. My only comment would be that the green line is already half way to 68 on the TDI indicator.
May I suggest you have another read through through this thread.
Enter Signature
  • #1,091
  • Dec 7, 2011 12:31am Dec 7, 2011 12:31am
Quoting amiralifx
i draw verticall line in 6.00 and 12.00. its uncorrected?
Was that 6 o'clock your time or London time?
  • #1,092
  • Dec 7, 2011 12:33am Dec 7, 2011 12:33am
Quoting alteclansing
Thanks X man for your system, I've made 30 pips last night during Europe session.

I cant trade the US session as it starts at 00:00. Pips or sleep? I prefer sleep, though I can try putting in limit order and TP at 30 pips.

I've learnt not to be greedy, only chasing 30pips when PA is moving the same direction as SHI channel. 20 pips when moving against. Switch SL to breakeven when im on 20 pips profit.

I have also shorted U/CAD as it pushed through the EMA60 based on Daily candles. H4 also showing downtrend, we will see...

I have shorted U/J...
Nice work hilary
yeah we should always control our greed.
When i first started this 1H method i use to take 20 to 30 pips only and be happy.
I started off with a weekly target of just 100 pips thats 25 pips a day, then as time went i started getting use to how PA moved on the 1H chart and started setting a higher target.
I recommend all noobs to start of with just a target of 100 pips a week.
Hilary you must come to south africa, you will get beautiful trading hours, you will be able to trade the london and the first few hours of NY session all during 9AM to around 4PM.
Then you will have the most beautiful sleep after a good day of trading.
X-man the legendary conqueror of markets
  • #1,093
  • Edited 12:48am Dec 7, 2011 12:37am | Edited 12:48am
Quoting amiralifx
i draw verticall line in 6.00 and 12.00. its uncorrected?
No...according to XMan's rules. You're correct. If you use the same broker to analyze chart as him, you're correct and don't you worry (XMAN uses Forex.com demo chart to analyze, so just get this Forex.com's demo chart and you'll be on the same page with XMan )

But things that you have to notice are :
1. XMan ever said that exactly on "6.00 candle", he observes that "6.00 candle" first, then make decision after it (means that mostly he will trade start on "7.00 candle")
2. I think this is the main important to trade with TDI. Many times, XMan said that he did backtest with this system for months of data. If he said "BACKTEST", it means, He observed a closed candle, NOT ON PROGRESS CANDLE. Because when you did backtest, there's no ON PROGRESS CANDLE (unless you use Trade Simulator). There's only CLOSE CANDLE on Backtest activities.

While your trade just now was ON PROGRESS CANDLE. As you see now, the TDI which you saw made a "Sell Cross", now it didn't make Sell Cross and make a BOUNCE LONG TDI.

Please kindly see my below chart. The TDI which was cross on your picture, it doesn't cross now. This will make us disappointed to trade with TDI, IF we made a decision on "ON PROGRESS CANDLE".

Hope it can clear some.

Best Regards,
Vio
Attached Image (click to enlarge)
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  • #1,094
  • Dec 7, 2011 12:44am Dec 7, 2011 12:44am
Quoting Rodcisal
I don't know if I'm right, but you can look at the chart and you will notice that every time a fractal appears down on a bar PA is most likely to go up till another fractal shows up (this time up on a bar) and again PA goes in the opposite way.

So if we see a fractal up on a bar PA will go down and viceversa.

It's kind of bouncing points.


Hope I'm fine


Regards




regards
yip you are technically right, thats why i use fractals its more of a visual thing.
Oh the 1H chart thats how you ride the waves.
Thats why the pull back candles work more because it pushes up creating that long wick which will cause a high then PA reverses to create a low.
The same will happen the other way around
X-man the legendary conqueror of markets
  • #1,095
  • Dec 7, 2011 1:03am Dec 7, 2011 1:03am
Quoting Rodcisal
I don't know if I'm right, but you can look at the chart and you will notice that every time a fractal appears down on a bar PA is most likely to go up till another fractal shows up (this time up on a bar) and again PA goes in the opposite way.

So if we see a fractal up on a bar PA will go down and viceversa.

It's kind of bouncing points.


Hope I'm fine


Regards




regards
of course they do, that's how they work! but you can't trade off them like that as they take 3 bars to appear. what they help you see is higher lows higher highs etc

took profit on cad short last night @ 11, flat overnight. still looking atm, nothing taking my fancy
  • #1,096
  • Dec 7, 2011 1:04am Dec 7, 2011 1:04am
EU buy on 1 hour looks good for a bounce trade...I think

Any constructive criticism welcome

Plse ignore all other lines not related to the method. I use them for back testing sessions
Attached Image (click to enlarge)
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  • #1,097
  • Dec 7, 2011 1:05am Dec 7, 2011 1:05am
Quoting Steve 56
Hi Guys,{Gals}. Rather then send X Man round the bend continuing to answer newbie and repeat questions. May I suggest that someone with more Computer nouse then I compile a list of posts and charts that are the most relevant to this Thread and make a Template that they can refer back to. For Example, X Mans last 4 hour Chart Post 997 clearly shows his Strategy, Entries and Potential Profits. Also Phx 62s examples of his trades results on 1 hour strategy , Posts 755, 890 and 1049 show the Indications of where he Entered, Targets and explains Stops....
Ooh i like this Steve guy , full of experience and wisdom.
some good advice buddy.
Fellow traders always be calm and cool headed when trading.
When i first started trading I use to feel down when i lost and over excited when i won. As you start trading everyday you realize that you just have to have a good trading system (which has more wins then losses) and trade what you see dont try and predict PA thats how you build your account.
If you want to win 100% of the time then forex is not for you.
The longest winning streak i had was 27 trades in a row.
The longest losing streak was 8 trades in a row.
8 trades in a row can damage a traders confidence but if your head is right the you will get through it.
Read trading in the zone to get you psychological part in order.

"Trading can be an unforgiving & brutal business. It can also be one of the most satisfying, enjoyable and the most rewarding business on the planet."

For me its the most enjoyable and rewarding business on the planet rather than working as a slave for some boss thats going to give you shit all the time.
I AM MY OWN BOSS NOW and its beautiful
X-man the legendary conqueror of markets
  • #1,098
  • Dec 7, 2011 1:06am Dec 7, 2011 1:06am
USD/CHF short open H4 swing.
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  • #1,099
  • Dec 7, 2011 1:13am Dec 7, 2011 1:13am
Quoting SmokeyD
[size=3][font=Lucida Sans Unicode]Very well said Steve!

It takes Hours and Hours, leading to Months and Months of screen time to have any shot at being just moderately successful at this! My screen time each day averages 8-10 hours. That includes trading time, back testing, and exploration.

My education cost me 2 blown accounts and 18k USD. You all have an opportunity to get your "education" much cheaper...all you have to do is open your own eyes, provide your own motivation, and put in your own work.

Looking forward to the London open...Many...
SmokeyD you blew a 18K USD account woah
Thats hectic.
I still didnt blow anything yet.
My account started as a weak lil baby but everyday i feed him pips to make him strong and mighty.
Now and then he relieves himself which causes him to lose some pips but I'll surely feed him again, mostly 2 times a day. LOL

X-man the legendary conqueror of markets
  • #1,100
  • Dec 7, 2011 1:23am Dec 7, 2011 1:23am
Quoting amiralifx
live trading

sell eurusd h1

any comment?


Attachment
Hey there
I think your vertical lines are not correct , bring it 1 candle forward because your broker is different so yours will be at 7:00 and 1:00 that is my 6:00 and 12:00
X-man the legendary conqueror of markets
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