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X-Man's Super Simple System

  • #1,261
  • Dec 8, 2011 12:20am Dec 8, 2011 12:20am
Quoting SmokeyD
People,

X-Man has given you everything you need to make high probability trades.

All you need now is a personal plan that works for you!
Your trading plan...
Your money/trade management plan...
And...Your psychological/emotional plan...

The rest will look after itself.

London, here we come!
Yes you are totally right.
So now tell me is that $ 1 000 000 in 28 weeks looking possible?
I think it looks very very possible.
In fact it looks so easy to get just with the 1H method.
Ill get it within 40 weeks .
How about you SmokeyD?
X-man the legendary conqueror of markets
  • #1,262
  • Dec 8, 2011 12:28am Dec 8, 2011 12:28am
Quoting snarlyjack
X-Man,

I'am from Missoula, Montana USA. Winter is approaching fast
and we have about 1 inch of snow. Lot's more to come before
winter is over. It's about 25 degrees today, burr...

Winter is a good time to trade cause it's cold outside and
not to much going on, so I study charts and trade the markets.
Getting into the Christmas spirit. But after Christmas (Jan. and
Feb.) people around here if they have the money, go to Hawaii or
Arizona to take a break from winter.

It would be great if this system turned into a great money
machine and gave...
Snarlyjack my buddy very very soon i'll be travelling the world
then i would spend few weeks in a country that snows especially for Christmas environment. Here in south africa its summer during Christmas.
This system looks like a very promising money machine.
So far its making me money like crazy

Big E use to love back testing then he started trading 10 standard lots.
So thats how i started back testing to get an idea of what his seeing then i finally seen it, now soon i'll be trading 10 standard lots hehe
X-man the legendary conqueror of markets
  • #1,263
  • Dec 8, 2011 12:37am Dec 8, 2011 12:37am
Quoting Robst3r
X-man i got 130 pips on h1 eu!

can i kiss you? lol

HAHA ya come plant a wet one
Did you ever think that making pips would be this easy?
Just believe in the system and it will work wonders.
X-man the legendary conqueror of markets
  • #1,264
  • Dec 8, 2011 12:38am Dec 8, 2011 12:38am
Quoting snarlyjack
X-Man,

I'am from Missoula, Montana USA. Winter is approaching fast
and we have about 1 inch of snow. Lot's more to come before
winter is over. It's about 25 degrees today, burr...

Winter is a good time to trade cause it's cold outside and
not to much going on, so I study charts and trade the markets.
Getting into the Christmas spirit. But after Christmas (Jan. and
Feb.) people around here if they have the money, go to Hawaii or
Arizona to take a break from winter.

It would be great if this system turned into a great money
machine and gave...
Hi Snarly,

See attached
Attached Image (click to enlarge)
Click to Enlarge Name: Cape Town.jpg Size: 150 KB
  • #1,265
  • Dec 8, 2011 12:43am Dec 8, 2011 12:43am
X-Man,

Can you imagine what Eelfranz must make trading 10 standard
lots. 20 pip move * $10. per pip * 10 standard lots = $2,000.
for only a 20 pip move.

100 pips a day. 100*10*10=$10,000. a day.

Kinda motivates you doesn't it. Even if you only did 10% as
good as Eelfranz you would still make $1,000. a day. $5,000
per week or $20,000 a month.

With those kind of numbers I think we should learn as much
about this system as we can. You could travel the world
and when you needed money just trade for a few hours a day
from anywhere in the world. That's my kind of job.

snarlyjack
  • #1,266
  • Dec 8, 2011 12:43am Dec 8, 2011 12:43am
Quoting X-Man
Snarlyjack my buddy very very soon i'll be travelling the world
[color=Blue][size=3]then i would spend few weeks in a country that snows especially for Christmas environment. Here in south africa its summer during Christmas.
This system looks like a very promising money machine.
So far its making me money like crazy

Big E use to love back testing then he started trading 10 standard lots.
So thats how i started back testing to get an idea of what his seeing then i finally seen it, now soon i'll be...
X-man, how you backtesting? forgive me as i'm newbie in forex. There's so much to learn. I also want to be a profitable trader like you.

Thanks
  • #1,267
  • Dec 8, 2011 12:47am Dec 8, 2011 12:47am
Quoting alteclansing
Wow, the PA is so calm and so flat... waiting for something big to happen, come on EU summit...

I think interest rate will stay the same. Looking for French non farm payroll in 10 mins. Hope that will move things a bit.
I suspect the price action today will be a lot like that on the 26th October.

Why the 26th of October? Because that was also a day when everyone was wondering what the Euro summit would deliver.

It was a very very flat day until, from memory, news started to break ... screen shot below, box shows roughly the 6am - 12pm London time (perhaps out by an hour due to daylight savings) ...
Attached Image
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #1,268
  • Dec 8, 2011 12:50am Dec 8, 2011 12:50am
jvfx,

Wow, that looks like my type of place! Capetown, South Africa.

Ok...what we need to do is make a "ton" of money and really
start traveling and living life to the fullest. I would love to
go to Capetown. Who knows I might even move there.

Thanks for the picture and the motivation!

snarlyjack
  • #1,269
  • Edited 1:09am Dec 8, 2011 12:52am | Edited 1:09am
Quoting X-Man
Yes you are totally right.
So now tell me is that $ 1 000 000 in 28 weeks looking possible?
I think it looks very very possible.
In fact it looks so easy to get just with the 1H method.
Ill get it within 40 weeks .
How about you SmokeyD?
Once I had enough of the puzzle conquered...
PA, trading times, patience, discipline, the psychological, and finally learning how to replace greed with humbleness...

It was about 32 weeks, that was 8 months ago.

EDIT---See my attached spreadsheet in post 762...it's the "roadmap" I still use for every trade.

"Still learning something every single day!"
Enter Signature
  • #1,270
  • Dec 8, 2011 12:57am Dec 8, 2011 12:57am
Hi X-man,

Congratulations on the thread...just coming over from the TMS thread and Skype room.
  • #1,271
  • Dec 8, 2011 1:04am Dec 8, 2011 1:04am
Quoting X-Man
Yes you are totally right.
So now tell me is that $ 1 000 000 in 28 weeks looking possible?
I think it looks very very possible.
In fact it looks so easy to get just with the 1H method.
Ill get it within 40 weeks .
How about you SmokeyD?
Wish myself master the thred ASAP and become a rich man.THX X-MAN.
  • #1,272
  • Dec 8, 2011 1:06am Dec 8, 2011 1:06am
Quoting SmokeyD
Once I had enough of the puzzle conquered...
PA, trading times, patience, discipline, the psychological, and finally learning how to replace greed with humbleness...

It was about 32 weeks, that was 8 months ago.

EDIT---See my attached spreadsheet in post 732...it's the "roadmap" I still use for every trade.

"Still learning something every single day!"
LOL you already made you $ 1 000 000 within 32 weeks? wow thats impressive. so im sure you can trade 10 standard lots with minimum risk. yeah i downloaded the spread sheet, its my road map also LOL

Snarlyjack the day will come very soon when we all will start trading like Big E.

Lobak i have mentioned before that i do a manual back testing looking at the london session and first few hours of the NY session. I dont look at the asian session at all.
Do 1 month at a time a write your results , whats common etc.
X-man the legendary conqueror of markets
  • #1,273
  • Dec 8, 2011 1:12am Dec 8, 2011 1:12am
Another thing guys please dont start trading this system live straight away.
Demo it for atleast 1 or 2 months.
You must be totally comfortable with it and very confident about it.
The only time you go live is when you fully understand that you can not predict PA, anything can happen.
All i can do is stick to my trading system and trade what i see.
I cannot win 100% but my wins must be greater than my loses.
When you enter a trade you must be ready to lose the money you risking , if you not ready then dont enter the trade.
X-man the legendary conqueror of markets
  • #1,274
  • Dec 8, 2011 1:14am Dec 8, 2011 1:14am
Quoting X-Man
LOL you already made you $ 1 000 000 within 32 weeks? wow thats impressive. so im sure you can trade 10 standard lots with minimum risk.

Snarlyjack the day will come very soon when we all will start trading like Big E.

Lobak i have mentioned before that i do a manual back testing looking at the london session and first few hours of the NY session. I dont look at the asian session at all.
Do 1 month at a time a write your results , whats common etc.

Thanks you for your answer. Can you please show me where can i learn to do manual backtesting in MT4? I really a noob here. Thanks again.
  • #1,275
  • Dec 8, 2011 1:15am Dec 8, 2011 1:15am
Quoting antantnz
I suspect the price action today will be a lot like that on the 26th October.

Why the 26th of October? Because that was also a day when everyone was wondering what the Euro summit would deliver.

It was a very very flat day until, from memory, news started to break ... screen shot below, box shows roughly the 6am - 12pm London time (perhaps out by an hour due to daylight savings) ...
Of course, I've been known to be wrong ...
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #1,276
  • Dec 8, 2011 1:17am Dec 8, 2011 1:17am
Quoting X-Man
LOL you already made you $ 1 000 000 within 32 weeks? wow thats impressive. so im sure you can trade 10 standard lots with minimum risk.

Snarlyjack the day will come very soon when we all will start trading like Big E.

Lobak i have mentioned before that i do a manual back testing looking at the london session and first few hours of the NY session. I dont look at the asian session at all.
Do 1 month at a time a write your results , whats common etc.

When one is able to control what is needed to trade successfully... AND have solid realistic plans to follow, it is only the numbers that change...NOTHING else.
Enter Signature
  • #1,277
  • Dec 8, 2011 1:24am Dec 8, 2011 1:24am
A WARNING FOR Today...!!

I know we trade this system regadless of the news, but tomorrow we have some news (Euro & GBP bid rates) which are the ones (after NFP & Bernanke speaks) that can move the market with huge spikes...
I suggest to stay away from the market from 1/2 hour before & at least 15 min after these news.......


(Time of the news is GMT +1)
1:00pmGBP
Official Bank Rate
1:45pmEUR
Minimum Bid Rate

This is a tip from some trader. We will just wait and see what happens
X-man the legendary conqueror of markets
  • #1,278
  • Dec 8, 2011 1:31am Dec 8, 2011 1:31am
Quoting lobak
Thanks you for your answer. Can you please show me where can i learn to do manual backtesting in MT4? I really a noob here. Thanks again.
Well you just put your auto scroll and chart shift off.
You will find that on the top of your MT4 platform.
then you just drag your charts back to the month you want to test.
you view the times and dates at the bottom of your chart.
View only london and first few hours of Ny time.
Then you measure the amount of pips with a cross hair , thats also at the top of your platform.
If someone can give a better explanation i would be glad
X-man the legendary conqueror of markets
  • #1,279
  • Dec 8, 2011 1:36am Dec 8, 2011 1:36am
You can also use F12 on your keyboard to advance the frame forward one candle at a time so that you can make your decisions on trades hour by hour "real time." so to speak. This technique helps me test my systems out rather well. Never ever have used a simulator. Not that I'm agaisnt them mind you.. Just never felt the need to bother.
"IN CASH WE TRUST"
  • #1,280
  • Dec 8, 2011 1:42am Dec 8, 2011 1:42am
Quoting LazyLobster
You can also use F12 on your keyboard to advance the frame forward one candle at a time so that you can make your decisions on trades hour by hour "real time." so to speak. This technique helps me test my systems out rather well. Never ever have used a simulator. Not that I'm agaisnt them mind you.. Just never felt the need to bother.
Dead On Lobby!!

I use 3 lines as I'm F12ing it...
1) Entry
2) SL
3)TP
And of course, my note pad as a log for that day, week, month.
Enter Signature
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